Sunday, August 22, 2010

Is this one of the worst places to get financial advice?

I've seen some good advice but wow there's alot of BAD advice dished out here that I hope people don't listen to.Is this one of the worst places to get financial advice?
Not all people look for financial advice here, others look just for information or ideas or a piece of information that will guide them to find out more about a certain thing that they were interested in but did not know where to start.


I personally will not take advice from anyone here but I will certainly be open to opinions or sugestions and information or experiences that others had that will help me to study more or find out more about a product or service.


Everyone must be careful with any type of information put out there, even if it comes out from the experts, they should consider all the options and decide what is best for their situation.Is this one of the worst places to get financial advice?
Well, anyone that relies on this for serious advice can't be too smart in the first place.
Same thing as there being good advisors and bad advisors out in the public. Caveat emptor! Take things with a grain of salt, research yourself and then make a decision. That is the best advice I could give.
Depends on the person who asks and what they ask.
Probably one of the worst but good for starting points. Great place to start weeding the bull from the...well, that stuff. People wanting a quick fix to problems are going to be disappointed and people wanting excellent advice for free are also going to be disappointed. Nothing short circuits the hard work of gathering data, analyzing it and applying the results to achieve personal goals. Unless, of course, you want to p(r)ay for a financial advisor!
The worst advice is generally from anyone who will earn a commission from what they are trying to sell you, like fred peters.

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