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Gamble on the stock market?
terryson01
Posts: 10 Forumite
Can anyone tell to me why all financial advisers want to gamble on the stock market? tell me the reason behiend it.
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Comments
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Its not gambling. Its investing. Putting money on the 3.30 at newmarket is gambling.
The reason for doing it is to make gains over the long term at higher rates than savings accounts. Something that has historically always been achievable.
Do you want to put your comments in context as investing for different purposes can result in different ways of doing things with pros and cons with each?I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
it's not a guaranteed return like loan-sharking though, so I see the reason for the aprehension.I am a Mortgage AdviserYou should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it.This signature is here as I follow MSE's Mortgage Adviser code of conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0
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Perhaps the premise behind the OP's apparant disquiet, is that he like many wonders why there is a general motivation and focus on the part of advisers to recommend packaged products usually backed by equities.
As ever I would suggest people pay fees alone if they want truly impartial advice0 -
Or perhaps its just opening threads to get his signature seenAny posts on here are for information and discussion purposes only and shouldn't be seen as (financial) advice.0
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This is just spam, under the guise of creating a discussion, thus more people seeing/clicking the links. What a complete loser.0
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Thanks for give this good information. I am worthly worry about that.0
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