How to Find the Best Investment Advice
One of the most difficult aspects of investing involves sifting through the daily barrage of advice offered by “experts.” More often than not, this advice is calculated to enrich the securities industry at your expense. One way to determine whether investment advice has merit is to ask for the data on which an assertion is based. More often than not, there is no data. The expert is merely offering an opinion, which may or may not be accurate.
A recent article, written by staff at the Motley Fool and published on CNNMoney, is illustrative. The purpose of the article was to inform investors of the most important investment principles they should be applying. The source of advice is three Motley Fool experts.
Let’s take a closer look at their views:
Read the rest of the article at US News.