Only 18% of individuals between the ages of 28 to 52 seek out financial advice, even though they are in the prime savings and asset accumulation of life, according to a survey of 800 investors conducted by Sway Research and Mast Hill Consulting. Most of this group—younger Boomers between the ages of 43 and 53, and Generation X, aged 28 to 42—turn to family and friends for advice on key investing decisions.
Listening to family and friends will lead to fights at family reunions and fewer friends. Do your own research.
2 comments:
No, I don't think asking Uncle Harvey -- I don't care if he claims to have made a killing in the stock market and that's why they live in Boca -- he's not the one to ask.
Altho -- how do you know the licensed, certified, professional is any better? That's when I would ask someone who they WENT to and if they liked the results. But then you're still putting your business in the street and I'm not keen on that.
Kath
Gotta do your own research. Trust on one!
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