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Three Reasons Not To Trust Stock Market Investment Advice

If you’re playing in the stock market good for you - there is some potential for you to make some excellent profits.  But before you get too wrapped up with investor advice here are three reasons not to trust stock market investment advice.

Here is one of three reasons not to trust stock market investment advice.  If there is only one thing you remember about investing it is that a broker’s job is to have you buying up as many trades as possible because that’s how your broker get’s paid.  Your job is not to make the broker money.  They are not trained in analyzing the market only in completing a trade.

Reason two of three reasons not to trust stock market investment advice is to remember that online advisers have their own agenda and don’t take the free advice offered by the media either.  Many times these financial institutes or programs have their own agenda on their mind driven by a lust for more money.

If you listen to these self proclaimed experts you will be in the poor house and know exactly why we gave you these three reasons not to trust stock market investment advice.  Real world trade exports won’t be guaranteeing you will make money on a certain stock because they have no crystal ball.

Of all three reasons not to trust stock market investment advice here’s the best one.  Online Investor advisers may have no training – You get that email that tells about this investment you can’t live without or you search and find investor XYZ.  But who is adviser XYZ?  What are his or her credentials?  What makes them qualified to give you advice on a certain stock?  Are they perhaps working with another motive to benefit them or their company?

There are of course excellent stock advisers but remember these are not the men and women that actually sell you stock.  If these three reasons not to trust stock market investment advice haven’t convinced you you’ll learn the hard way.

Your adviser should have a healthy profile where you can see they know what they are talking about.  These three reasons not to trust stock market investment advice without having adequate knowledge will set you on the right path.

Again these are only three reasons not to trust stock market investment advice there are plenty of others if you care to look a little deeper.  But threes a good place to start.

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4 comments:

  1. I learned never to trust a broker the hard way. He was only trying to get me to put as much of my money into the stocks before they started to fail. Never listen to them and always go with your gut.

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  2. I have never trusted stock market advice from a broker. Honestly, I get their advice and then mostly do the opposite. Their intentions are in all the wrong places.

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  3. It is the best and most real article I have read on this subject.
    It´s true that you have to look for information about the credentials of anyone who wants you to make investments.
    I know people who have lost a lot of money for not validating who was behind the operation.

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  4. I would never rely on the stock market for all of your income. Sometime's the stocks can tank and you will loose it all.

    ReplyDelete