Don't use your gut feeling while advice clients

14 Aug 2017

I sometime use my gut feeling for investing my own money but I only use knowledge and wisdom when it comes to my client’s money. This is crucial. You very well know that you can’t time the markets and you cannot be an expert in predicting the stock market movement. Never use your gut feeling to advise clients. Apply safety first. Keep track of asset allocation. Clients pay you for your knowledge; not about what your gut feeling.

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