Why should people be wary of taking investment advice and what has been done to create more confidence in fina?
Posted by admin on February 7, 2010 · 2 Comments
♣The_Wanted♥ asked:
ancial advisors? (thats the complete question) Please help me if you can, I want detailed answers not just simple, stupid answers. Please make sure they have some depth in what they say and mean.
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do your own homework and stop using this website to cheat
The Profit Lock – Education For Everyday Investors
Yeah, do your homework hehe, but I will give my opinion.
You should be wary of taking advice from someone because they may have an agenda, they could have a conflict of interest or they could just be plain wrong or incompetent. Do you really want to trust someone if any of these are a real possibility?
I think you should “do your homework” and learn everything you need to know and then you can give yourself financial advice.
Now about how to build confidence. Well I guess if you have established a good reputation, if you really care about and are really hard working for your clients, then this is the kind of person that would create confidence, and the kind of financial advisor I would like to be, if I was one, and the kind of financial adviser I would like to have, if I had one.
That’s my thoughts on it.