Investments: Who Can You Trust?

| December 8, 2010 | 0 Comments

stock markets who to trustIn the ideal scenario when investing, you have the utmost trust in someone or some strategy, and you’ll never feel anxious or worried or afraid about your investments. As important as trust is though, it usually is hard to have full trust in something, especially if it’s deals with your hard-earned money.

If you look at your friends and peers, many of them switch financial advisors, and skip from one financial instrument to another. What’s making this situation worse, is that everyone is saying that they are the best around. As a result, it can be hard to find an investment that will work for you. Many people, even those with large, substantial portfolios, fall into this same predicament as well.

Sometimes trust, or a lack of, in the industry, affects everything. Do you trust a new investment that comes out and proclaims a 50% gain in a year, or do you trust a strategy that advocates a long-term investment plan? In fact, how much do you even trust the financial writers that write about these analysis and strategies? Are they just writing to fill the page, or is their opinion really worth paying attention to? Sometimes these articles may even be deliberately written for or against a particular investment. Therefore, blindly believing it what others say, even those who are supposedly “financial experts”, can be dangerous. You should always have their analysis double-checked personally to ensure that it makes sense and is logical before you commit to anything.

This lack of trust and feeling of helplessness has made several people try to take the learning of the investment process upon themseves, but it usually ends in frustration because of the huge amount of choices and data available. Not everyone has the time and resources to become an expert in investments and it’s even harder to stay on top of things on a day-to-day basis. The best thing to do is to find a reliable financial advisor, and constantly learn more about investing, so that you have the knowledge to make better, and more informed decisions.

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Category: Learn to Invest & Trade

About the Author ()

John Tan has been Vice President of BlueTrust Investments Corporation for 6 years since the mid-90’s. He has since moved on, to be a professional full-time trader.

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