Firstly they are full of it. It is legal to give advice, it's not legal act as a broker and take their money and invest it. Why do ignorants who know NOTHING of the subject plague the forum with their idiotic insistence that people see brokers for any information to do with good stocks? When brokers have a terrible record as a group, and don't really look out for their clients? Just try to milk money out of them like the bunch parasites they really are? Now, any GOOD stock broker will agree with me, there are good ones, and usually the parasites disgust them.Why are people who know nothing about investing telling people its Illegal to give advice in the investment?
meh, it's a public/yahoo forum.
you get what you pay for.
if you want real conversations, go to a board that's made up of people in the industry. of course, you won't get stock tips there, though. lol.
most people haven't got a clue what finance professionals do for a living, and at the moment, the economy is being blamed on bankers, rather than deadbeat homeowners.
it is what it is.Why are people who know nothing about investing telling people its Illegal to give advice in the investment?
Brokers are pretty good at telling you what to buy. Even Cramer is great at that.
The problem is that they never tell you to sell unless it is to buy something else. There are reasons for that, but those reasons are for the benefit of the broker or brokerage, not the client.
It not illegal to give public opinion but it is illegal to represent that as professional advice unless you are registered. And then you should know more about the person you are advising than what we can learn here.
A good stock broker? What a strange concept. Next you'll be talking about honest used car salesmen, or ethical lawyers.
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