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Written a few years ago - has anything changed for the better?
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<p>[QUOTE="Clawcoins, post: 2413575, member: 77814"]Brett brings up a great point in relation to "investment" people. investment bankers, etc make money by your investing money.</p><p><br /></p><p>They'll rarely tell you to put your investment into cash on the sidelines as they make no commission on that. And they want you to buy "down" on an investment monthly .. why? they get paid when you do that irrelevant if the stock is heading towards bankruptcies. </p><p><br /></p><p>It's interesting watching the "guidance" investment companies give on stocks .. just look at GoPro as an example. I have friends in GoPro. I told them to sell a long time ago when I saw their products displaced by cheaper products at the local stores. But their "investment" gurus told them to stay in. They did. Stock has plummeted since then. They've since fired that investment guru.</p><p><br /></p><p>Do your own research. Join an investment club.</p><p>Make your money work for you and not someone else.</p><p><br /></p><p>And, I always tell people, don't invest into something that you are "emotional" about. One never makes the right decisions on buy, sell, etc on those emotional connected investments.[/QUOTE]</p><p><br /></p>
[QUOTE="Clawcoins, post: 2413575, member: 77814"]Brett brings up a great point in relation to "investment" people. investment bankers, etc make money by your investing money. They'll rarely tell you to put your investment into cash on the sidelines as they make no commission on that. And they want you to buy "down" on an investment monthly .. why? they get paid when you do that irrelevant if the stock is heading towards bankruptcies. It's interesting watching the "guidance" investment companies give on stocks .. just look at GoPro as an example. I have friends in GoPro. I told them to sell a long time ago when I saw their products displaced by cheaper products at the local stores. But their "investment" gurus told them to stay in. They did. Stock has plummeted since then. They've since fired that investment guru. Do your own research. Join an investment club. Make your money work for you and not someone else. And, I always tell people, don't invest into something that you are "emotional" about. One never makes the right decisions on buy, sell, etc on those emotional connected investments.[/QUOTE]
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