This is a "A Good Story" about psychology. A good story from a professional to a client is worth alot of money. They tell the story and you react (buy or sell) and they get paid. Voila! Excellent investment professional or excellent salesman? Do they get paid when you make money? Or just when you (or they on your behalf) execute a trade? Investment "specialists" are paid when you buy or sell. The fees they collect are not tied to their performance. Cheers.
This is a "A Good Story" about psychology. A good story from a professional to a client is worth alot of money. They tell the story and you react (buy or sell) and they get paid. Voila! Excellent investment professional or excellent salesman? Do they get paid when you make money? Or just when you (or they on your behalf) execute a trade? Investment "specialists" are paid when you buy or sell. The fees they collect are not tied to their performance. Cheers.
whatsupnow1 5 months ago