Tuesday 29 June 2010

The Most Expensive Advise


The most expensive advise is "free" advises. These are the advise given by those who around you but are not rich. What make you think that the poor be able to give you an advise to make you rich? Once people listen to these free advise from so called financial veteran such as your uncle, your boss, your friend who work at McDonald, and even your spouse, in long run will cost them a wealth of life time. Why, because what those people normally telling you about something that normally will stop you from start invest, or even worst invest to lose. These people are normally called as the cynic in the world of investing, as they will take whatever it take to tell people to do what they doing, therefore can justify what they are doing now is correct. They would be crazy, if you become successful doing something opposite from them, such as like invest in business.

The second expensive advise is the "cheap" advises from the so called financial expert such as broker, banker or mutual fund manager. These advises often come with almost free or cheap, and well presented. These are the people who trained by big firm "foxes", well dressed, who can speak of financial jargon with the aid of confound presentation materials. Their job is to sell junk to unsuspecting customer, confuse them, creating illusion to the customer to think they sound intelligent. They will make complex explanations, equation t their financial product, only emphasizing the strength, to mesmerise the customer. These advises are often identify by the real investor as the Sales pitch. Sale pitch is the illusion advise coming from the cunning financial fox to make money from you.


Remember:
"The sound financial advise is the advises that to make money for you, The sale pitch is the advise that make money from you!"

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