Posted by Admin in stock-market This post has been tagged: Stock Market Advice

Stock Market Advice

Stock market advice is easy to come by, and it's no wonder. Much of the stock market advice you'll hear comes from people with no business offering it in the first place. Friends, co-workers, and even family members are likely to offer you all the investment opinions you ever wanted. But the reality is, there is very little advice you can get that replaces the need for a solid education on the fundamentals that actually move the stock market.

Worse yet is the stock market advice you'll receive from people online. Most of the advice is poorly researched, and is the product of a hidden agenda. Very few people are in the habit of freely sharing top-notch financial information with strangers, so the advice you'll get is picked over, or is merely a matter of conjecture.

Some would argue that you should only take stock investment advice from a "professional", but even that idea is fraught with peril. There are plenty of "stock market professionals" who would be happy to separate the average investor from their hard-earned money.

Lots of people get their advice from stock market newsletters. These services tend to be "your mileage may vary." Sure, some of the newsletters can be very professional and researched, and you may end up getting a decent return from investments. But that doesn't mean you take leave of your duty to do your own research.


Published: Friday 05th of September 2008 08:27:56 AM

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