Do you trust your Financial adviser, (Broker/Financial Advisors/Brother/Friend) etc or Banks RM for all your investment related decisions. If yes then you may be doing as your Fiancial adviser may be getting benefitted with all your investments.
How????
Your Financial Adviser who may be an agent for any invetment product is getting commision out of your investment.
When we think of banks, we think of trained, knowledgeable, intelligent advisors that will tell us exactly what we need to do, in terms of everything from cash in our accounts to documentation to investment avenues, advisors who will always keep us up to date on the best place to invest our hard earned money.
So next time when you are looking for any advice on your investment don't trust your Advisor or Bank's RM, rather you should opt for an Independent Financial adviser who is not earning any commsion from your investment. Its better to pay to someone, who is selling right product whcih suit to your profile, rather than getting free advise on any product which is not suiting your profile.
Some good reference in this regard:
Shocking Reality About Financial Advisers
Is Your Bank Really Your Best Investment Advisor?
How????
Your Financial Adviser who may be an agent for any invetment product is getting commision out of your investment.
When we think of banks, we think of trained, knowledgeable, intelligent advisors that will tell us exactly what we need to do, in terms of everything from cash in our accounts to documentation to investment avenues, advisors who will always keep us up to date on the best place to invest our hard earned money.
So next time when you are looking for any advice on your investment don't trust your Advisor or Bank's RM, rather you should opt for an Independent Financial adviser who is not earning any commsion from your investment. Its better to pay to someone, who is selling right product whcih suit to your profile, rather than getting free advise on any product which is not suiting your profile.
Some good reference in this regard:
Shocking Reality About Financial Advisers
Is Your Bank Really Your Best Investment Advisor?
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