Beware who you listen to! (Mindset)

Have you ever watched a YouTuber talking about stocks then say, “I’m not giving you financial advice”?

The reason why they say this is so you can’t sue them if your investment goes bad.

If you were to look at the opposite, it seems that everyone takes what their so-called “Financial planner” for gospel.

But what makes them qualified to give advice and others not? The reason is qualifications. But Adventago, they must have had to go through a long and rigorous training process to get this kind of job, right??

But what they don’t tell you is that the financial planner test is an extremely easy test that even a monkey could probably do.

But wait there’s more, they get a huge commission for what types of investments you buy.

Think I’m lying? Well, here’s a video by CBC News called: Financial advisors: Hidden camera investigation (CBC Marketplace)

Knowing this who would you want to listen to a YouTuber who gets nothing from you buying a certain investment and just wants to help people, or a salesperson who gets paid for selling you a certain investment?

At first, you would have thought the professional would be a better option, but this isn’t always the case.

You must be very cautious about who you listen to, but this can go oppositely, I’m not saying you should listen to your uncle who doesn’t even know how to spell the word investment.

So, who do you listen to?

It’s not about who to listen to, it’s about how you process and execute the information, as an entrepreneur we have to be very careful about what goes through these ears.

And what we add into our business, the last thing you want is to add something into your business that destroys it, right?

A great rule of thumb is to come to your own conclusion, no matter how professional they may be, or how unreliable they may seem.

Take in what they said then come to your own decision, this stops you from carelessly taking advice or ignoring everyone.

This is why a lot of successful people don’t listen to Wall Street, since they know they have other motives behind what they’re saying and doing with your money.

This can be the same thing for nonprofessional or professional people, as much as I would love to say just go to this person it’s not that easy.

There are real and fake prophets everywhere, all you can do is follow your gut to your success after, all it’s your business, your money, your health, and your life.

IN SUMMARY

Please be careful who you listen to, in any case of life, this will save you from a lot of mistakes.

P.S: I just wanted to say that some of you may be wondering why some of the blog posts are shorter than others.

The reason for this is I believe it’s about quality, not quantity, so I don’t try to ramble for too long just to look smart or to have you on my page longer.

And let’s be honest, who else wants to read a blog that’s way too long and sounds boring?

PLEASE SHARE THIS BLOG WITH OTHERS SO WE ALL CAN CONTINUE TO SHARE OUR KNOWLEDGE AND HIT OUR GOALS IN LIFE, ALSO IF YOU SHARE THIS WITH JUST 2 PEOPLE, YOU COULD SAVE SOMEONE FROM A LOT OF FUTURE HEADACHES.