Financial Education: Be Careful Who You Listen To

When we are new to investing, we are easily influenced by others. It is natural that will give some credibility to those we believe have more experience or are more knowledgeable about things. However, in this arena, that can be fatal to one's account.

We have saying of "do your own research" or "do your own due diligence". This means to not listen to your Uncle, those people on CNBC, or the twitter crowd. Certainly you can get ideas but your own research is vital.

In this video I discuss how we all have our own individual styles. So no matter what one says, it has to be adopted to each of us. When we talk about risk tolerance, time frame, or skill set, all is applicable.

▶️ 3Speak