Saturday, June 2, 2012

Smarter Stock Brokers

There’s pressure around to find out the exam marks of stock brokers you deal with. But why are folks so worried about the subject?

Investors
shouldn’t be relying on stock brokers for advice anyway. The education they get is essentially on back office procedure and not securities deep analysis. And even if it were, info would be useless. 

For instance, most more experienced fund managers do a bad job compared to indexed funds or ETFs.(See the Earl J. Weinreb NewsHole® comments.)

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