Don’t let them upsell you

Remember that a  stock broker’s business depends on how much commission and fees it generates. So they may try to encourage you to trade more often or sell you services and products you don’t need.

If you have a personal advisory broker or representative, their income is sometimes tied to the commission they generate. That doesn’t mean that all of them will advise you to trade too much to benefit them – but bad ones will. Don’t allow yourself to be pushed into something you don’t want.

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