Listen to the experts

Why are novice investors so attracted to expert advice? There are a number of reasons:

Š      Experts know more about markets and hence are less likely to make mistakes: Investing can be daunting, especially in today’s markets, where choices abound and investments becomes increasingly complex. Investors worry about putting their pension funds and savings at risk by picking the wrong investment at the wrong time and assume that experts can steer them away from catastrophic mistakes.