Remember: Never ask a barber if you need a hair cut.
3 views on Investment Advice
View #1 – It’s worth nothing.
I can invest my own time and effort to make my own investment choices. I understand what I am after. I have the plan in my mind. I have the discipline to follow it through. I might make a few mistakes now and then but better to fall an learn by oneself than burn fingers based on someone else’s advice. I don’t need investment advice.
View #2 – It’s worth something.
I believe an advisor by the virtue of his specialisation, possesses more understanding and knowledge of the subject than I do. It is good to access and benefit from the same to compliment my own effort to build a solid investment portfolio. Plus the advisor helps me keep a control on my urges to act strange or invest in “fancy” products. I want this investment advice.