There is no such thing as a risk free investment

I AM RETIRING SO HERE ARE SOME PARTING SHOTS

FIRST

I posted an essay with a similar title at academia here

https://www.academia.edu/6351124/There_is_no_risk_free_rate_of_return_available

There should be a risk free investment because its absence is slowing the world's economies.

You can read more here:

http://macro-economic-design.blogspot.com

and here:

https://bwwsociety.org/bwwsociety.org/journal/current/2019/sep-oct/replacing-fixed-interest-bonds.htm

SECOND

HOW DAMAGING IS MONEY LAUNDERING LEGISLATION?

How much is it costing you to comply with the money laundering regulations?

It costs you new investment clients if you run managed funds or if you are a stockbroker.

It adds to staff costs.

Reputedly it costs the world not billions, but trillions of dollars per annum.

So why not make a push to change this cost?

FRAUD AND MONEY LAUNDERING
NICHe – National Investment Clearing House: Enabling secure, fast, free, money transfers. Minimal administration. No fraud. Once in, no further repeat money laundering questions are needed. The source and the destination of the investment monies are both known. This can save the world a few trillions p.a. in administrative costs, fraud, and delays.
HOW IT WORKS
This proposal was pushed for debate by Hon John Redwood in the early 1990s - he convened a meeting of interested parties. But right away there was a financial crisis and the main initiator (me) left the country. The idea was dropped.
One reason was that the larger institutions and stockbrokers felt that they were well able to provide security for client accounts and the additional layer would be unnecessary and add to costs.
Since then the money laundering legislation has reversed that position. 
The solution for them is to get approval from the administrators of NICHe (a government department) as a safe destination for client monies.
When money is transferred from here to there it is sent to NICHe where it is checked against the approved list of destinations and then sent there through the banking system. Whereas deals can take weeks these deals can be done right away without any money laundering questions being asked.
And fraud is prevented, reducing costs and worries for institutions.
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