This week, Sim and Sonya dive into the world of investing and share insights on dishonest broker tactics to watch out for. They discuss churning, where brokers overtrade to earn bigger commissions, and caution against brokers who pressure clients into quick decisions. They emphasise the importance of fee transparency and recommend fee-based advisors for a more unbiased financial approach.
Watch the episode on Youtube here
For more Friends That Invest:
Stock Market Tea newsletter: build financial freedom in under 5 minutes a week. Join 115,000+ investors in training.
Instagram
TikTok
Twitter
Facebook
Hosted on Acast. See acast.com/privacy for more information.
