Do you know all the ways your financial adviser profits from your account? What’s the difference between a broker and a financial adviser? If you can’t answer both of these questions with confidence you’re not alone. Multiple studies show investors are confused – and for good reason. Compensation, both hidden and disclosed, has evolved in recent years. The formerly clear lines of demarcation between different financial advisory roles have been blurred. Why should you care? The reason is compensation structure – how you pay for the financial advice your receive, and the conflicts of interest it causes – affect the quality of advice you receive. This article will show you how to get the best financial advice for your money…
Investing For Dummies – Profitably
I’m a really dumb investor. If I had to rely on my brain and reasoning power to make investment decisions I would be dead broke by now. That is why I test all investment theories before ever putting a dime at risk. Amazingly, what I have learned is how little of the prevailing investment wisdom is really true. Even more surprising is how profitable investment strategy shares one thing in common…