Sound Investment Advice

Many of those offering you tips on what you should do with your money have vested interests in the product(s) they are pitching. Your own broker wants to make money from you whether you are buying or selling. These people profit from you when you buy or when you sell. Even if you are buying or selling at the worst possible times, someone will gladly take the commission. I am in no way saying that any particular individual is dishonest. I am simply saying the investor must take recommendations with a grain of salt. Shareholders can not be mercurial, whatever advice is being given. If you are a long-term, buy and hold investor, who buys shares of well-run companies, chances are you will make gains.