Further
to all my previous comments on conventional advisers and hedge funds,
and their steep costs that make it tough for investors to succeed.
I
advise against taking investment advice from salesmen and sales ads.
You get only one story they want you to hear. It’s the other side or
comment that would probably be the correct one for you.
Also
be wary of stock brokers who have to sell you to make a living or who
simply do not have the time or expertise to be of real help. Their
training is mostly brokerage back-office and to conform to extremely
broad “suitability” standards. (See the Earl J. Weinreb NewsHole® comments and @BusinesNewshole at Twitter.)
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