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<p>[QUOTE="Clawcoins, post: 3183494, member: 77814"]Stock brokers make money by keeping your money "in the market (accounts)" index or individual stocks.</p><p><br /></p><p>So they'll rarely tell anyone to take their money out of the market even while they take their money out. 2009-2010 seems to be no exception. And they'll tell you to buy down, to average down even while the better strategy is to sell, watch and if you want to get back in buy after it balances out and provides upward momentum (excluding WASH scenarios). But that means that they would actually have to advise people more than once a year and be totally truthful as they affect their own income based upon their advice to you.</p><p><br /></p><p>Some of the advice I've been given in the past was totally self-income generating for them. And when I was an analyst the brokers were that way too for their clients. Except the really rich clients as they would shift the money around for them into other types of investments.[/QUOTE]</p><p><br /></p>
[QUOTE="Clawcoins, post: 3183494, member: 77814"]Stock brokers make money by keeping your money "in the market (accounts)" index or individual stocks. So they'll rarely tell anyone to take their money out of the market even while they take their money out. 2009-2010 seems to be no exception. And they'll tell you to buy down, to average down even while the better strategy is to sell, watch and if you want to get back in buy after it balances out and provides upward momentum (excluding WASH scenarios). But that means that they would actually have to advise people more than once a year and be totally truthful as they affect their own income based upon their advice to you. Some of the advice I've been given in the past was totally self-income generating for them. And when I was an analyst the brokers were that way too for their clients. Except the really rich clients as they would shift the money around for them into other types of investments.[/QUOTE]
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