In my younger days I had several "advisors".
I say several because they are like "car sale persons", they come a go, most don't stay long. Some advisors were fairly good but back then they got commissions so they pushed for sales and buys. Some did not seem to have very much knowledge about the stock market.
Also back 30+ years ago, information was not readily available like today. Information was days or weeks old by the time you got it.
If you want to go with an "advisor"..... which is an important decision, talk to several people before you give them your money. An advisor should talk with you about each transaction BEFORE it is made..... not after.
Most brokerage firms have online access where you can make the buy or sale of stocks and doing so is easy..... kind of like online shopping, but you are buying stocks.
I would advise staying away from buying "penny" stocks.....ie. small cap stock valued very low. Yes you can buy a lot of shares when a share cost less than $ 1 but these stocks are usually very risky.
Read some of the older post..... lots of good advice.
|