It's common to hear people boasting about their successful stock investments at BBQ gatherings. They often talk about the huge sums they've made, but what they don't mention is the many times they've lost money in the process.
In this recent discussion on The Adviser Talk, Rory emphasises that flashy stocks are not a quick fix for investing. Instead, a well-thought-out strategy and a diversified portfolio are key.
In case you missed Nick's article, 'Bright, Hot, Fast (Avoid Getting Burned by Flashy Stocks),' here's the link: https://buff.ly/4fajs7Z
The Adviser Talk is available on all popular streaming platforms, including Spotify and Apple Podcasts.
- Rory O'Neill is a Financial Adviser as well as the Director and General Manager at Stewart Group, a Hawke's Bay and Wellington-based CEFEX-certified financial planning and advisory firm. Stewart Group provides personal fiduciary services, Wealth Management, Risk Insurance & KiwiSaver solutions.
- The information provided, or any opinions expressed in this show, are of a general nature only and should not be construed or relied on as a recommendation to invest in a financial product or class of financial products. You should seek financial advice specific to your circumstances from an Authorised Financial Adviser before making any financial decisions. A disclosure statement can be obtained free of charge by calling 0800 878 961 or visit our website, www.stewartgroup.co.nz
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