- An analyst will never tell you that markets can go down during bullish times and that markets can go up during bearish time.
- A share market analyst will never tell you when he sold the stock he recommended to buy recently on TV/Newspaper.
- An insurance agent will never tell you to buy term insurance instead of Unit Linked Insurance Plan’s.
- A MF agent will never tell you to go for an existing fund instead of new fund offer(NFO)
- An IT officer will never tell you about opening a HUF account to save tax.
- Your broker will never tell you to go for long term investments of 3-5 years.
- A loan officer will never tell you not to take more then 1-2 loans.
Morale of the story is that you should not take investment advice from a
person who may directly/indirectly benefit from that decision.
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