Margin trading: what your broker should have told you about the risks
If you have lost a great deal of money while trading on margin on the advice of your stockbroker, you probably are feeling bewildered and upset. Your broker likely told you all the potential benefits of margin trading, but did they advise you of the risks too? Buying...
How a ‘churning’ broker can damage your investment portfolio
Instead of handling your retirement investments, you trust your broker to manage your portfolio wisely and according to your goals. In return, you pay them a commission or fee for each purchase or sale they make on your behalf. A responsible broker will only make one...
Protecting your investments from dishonest advisors
Building an investment portfolio requires time, patience and strategy. Success does not come overnight and progress comes in fits and starts as asset prices fluctuate. Working with a financial advisor can give you support and guidance in determining an executing an...
Overconcentration of your investments can wipe out your portfolio
The old expression warns us against putting all our eggs in one basket. It originally meant to keep your options open generally, but it certainly applies to investing. For most people saving for retirement, a diverse portfolio can curb excessive risk while still...