I receive many inquiries from readers of my books asking my advice about recommendations they receive from their broker. Typically, these recommendations are in the best interest of the broker and his employer.
Many advisors ask me how they can emulate the conduct of advisors with the X factor. It’s a challenging question. I recently found it in an unlikely source: The commissioner of the National Basketball Association, Adam Silver.
“I have never met a high net worth person who accumulated the majority of his or her wealth by investing in the stock market.”
Subscribe to Dan’s Investing Insights & Get a Free E-Copy of “The Smartest Sales Book”!