I was a little hassitant to invest in shares and stocks but my investment adviser told me that if I want to beat inflation then I must buy shares. He said the greatest risk was in not taking any risk at all.
2006-08-28 01:41:14 · 7 answers · asked by Naazneen D 1 in Business & Finance ➔ Investing
If your investment adviser isn't asking about your risk tolerance, then you had better find a new investment adviser. You should be diversified in several categories of types and sizes of businesses.
No more than 10% of your money should be in speculative stocks.
Find a qualified adviser who has PFC credentials, and good luck to you. Good stock investing can allow you to sleep at night. If you
have reservations about your adviser's recommendations, move on
to someone who values your financial security.
2006-08-28 02:50:45 · answer #1 · answered by gardenpartygirl 2 · 1⤊ 0⤋
For an investment advisor to tell you that, may very well be a violation of his or her code of conuct if they are registered with the National Association of Securities Dealers. While it's true, investing in stocks help keep up with or beat inflation, you can also lose your investment. The greatest risk is actually losing some or all of your money. Don't forget that they work on commissions, and that they work for you. Invest in whatever your risk tolerance allows. Good Luck!
2006-08-28 01:52:01 · answer #2 · answered by Anonymous · 1⤊ 0⤋
Hi, i know what your question means. i also think stock market is a nice place for investing.
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http://www.bernanke.cn/stock-trade/
Best Wishes && Good Luck!
2006-08-28 13:28:29 · answer #3 · answered by stock_trade_expert 3 · 0⤊ 0⤋
I agree with your adviser. You have to get in the game. If you play it safe and keep your money in money markets or other "risk free" investments, inflation will eat away at your capital.
2006-08-28 01:54:47 · answer #4 · answered by Adios 5 · 0⤊ 0⤋
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2016-11-28 02:22:00 · answer #5 · answered by Erika 4 · 0⤊ 0⤋
Research your stocks. Look at their performance over time. If it's a solid stock, even if it has a hard time, odds are it will rebound.
2006-08-28 01:48:35 · answer #6 · answered by shermynewstart 7 · 0⤊ 0⤋
I feel the same about stocks as I do about gambling If you can't afford to lose don't do it.
2006-08-28 01:59:12 · answer #7 · answered by robert d 4 · 0⤊ 0⤋