Three Reasons Not To Trust Stock Market Investment Advice
If youíre 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 brokerís job is to have you buying up as many trades as possible because thatís how your broker getís 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 advisors have their own agenda and donít 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 wonít 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 hereís the best one.† Online Investor advisors may have no training Ė You get that email that tells about this investment you canít live without or you search and find investor XYZ.† But who is advisor 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 advisors 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 havenít convinced you youíll learn the hard way.
Your advisor 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.
Copyright © 2007 Joel Teo. All rights reserved. (You may publish this article in its entirety with the following author's information with live links only.)
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†Joel Teo is the owner/webmaster of http://www.GlobalProsperity.info/ the free financial article directory.† When you submit articles for free, your articles may be picked up by ezine publishers who might reprint your articles .