And what about people who over invest ignoring all risk?
Greed? ya probably... you heard of a friend making big money on something & you wanted to duplicate that & what best to do like wise...... & without ample research.
Dont be so naive please.... That so call news you heard, the Insider information???? hmmm.... likely when it comes to you it's really no good any more. That's what happens when one is inexperience. Nothing is for free in this world! Even recommendations by bankers is not to be trusted sometimes as there are those that put their commissions above clients interests. That' s really short term thinking. You do it to a client once, they dont come back anymore.
But sometimes it's not the bankers fault. WE have clients who after a few very positive gains, becomes complancent & took bigger risk & got burnt. So best advice...... take the advice from bankers but do your own research please!!!! Always remember if something is too good to be true, it probably is.
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