Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Do you maintain a PM limit?
>
Reply to Thread
Message:
<p>[QUOTE="Good Cents, post: 3595307, member: 100720"]Thank you Brian. </p><p><br /></p><p>You are smart to be proactive in your investing. I believe the best way to invest without being an expert yourself is to pay someone for advice that makes NO commissions at all from the companies of the investments you make. There are very few people who do that for the general public, but they exist. If an investment adviser is not making money from what they tell you to invest in then they won't have any conflicts of interest. A conflict of interest arises when they make a very large commission from investment X and they tell you to put lots of your money there. Meanwhile, that is not at all a good place for you to put your money but they won't advise you to put your money on something they make very little commission on because they are incentivized to advise for the high commissions, even if that's not good for you. I want my investment adviser to be paid independently of what I invest in, not someone who is essentially a commissioned shoe salesman who makes more money on the bad shoes while telling you they are the best quality.[/QUOTE]</p><p><br /></p>
[QUOTE="Good Cents, post: 3595307, member: 100720"]Thank you Brian. You are smart to be proactive in your investing. I believe the best way to invest without being an expert yourself is to pay someone for advice that makes NO commissions at all from the companies of the investments you make. There are very few people who do that for the general public, but they exist. If an investment adviser is not making money from what they tell you to invest in then they won't have any conflicts of interest. A conflict of interest arises when they make a very large commission from investment X and they tell you to put lots of your money there. Meanwhile, that is not at all a good place for you to put your money but they won't advise you to put your money on something they make very little commission on because they are incentivized to advise for the high commissions, even if that's not good for you. I want my investment adviser to be paid independently of what I invest in, not someone who is essentially a commissioned shoe salesman who makes more money on the bad shoes while telling you they are the best quality.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Do you maintain a PM limit?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...