Posts Tagged ‘CBC Marketplace’

Beware Financial Advisors – CBC Investigation

Friday, March 25th, 2016


Pay very special attention to this documentary if you are not a sophisticated investor. The reality is most financial advisors are NOT very educated about the financial markets themselves. I had a bad experience myself with a dumb financial advisor at a major Canadian bank.

The majority of financial advisors have no idea about market timing and they usually are just salespeople wanting to sell you financial products so they can collect either commissions or residual income as long as you keep your money in the investment vehicle they recommend.