The investments and financial world is a very difficult world to understand for those that are new to it. While it can be a very hard industry to get into successfully, some individuals have continued to thrive in its environment. One individual that has continued to do well in the field is Chris Linkas. Chris Linkas has had a long and successful career. He has also provided a variety of pieces of financial advice for those that are looking to get ahead and build a great portfolio.
One piece of advice that he has provided is to remember that the experts do not know everything. When you are working with a financial advisor or broker it is easy to assume that they are correct in their predictions. However, there are many risks that are associated with this assumption. While financial advisors may be more educated on the matter than you, they do not know everything and you should always do your own research and find outside opinions before making any major financial move (Discogs).
Another piece of advice provided by Linkas is that you should never ignore your portfolio. Investing in the stock market requires you to be an active investor that is engaged in the process. While you may have some stocks that are paying a regular dividend and are doing very well, there is always a chance that they will go down in value if things change. Because of this, you need to make sure that you are continuing to monitor these companies and are aware of changes that could affect them and their industries.
The final piece of advice that Linkas suggested was that you should ignore rumors. Anyone that follows stocks and the investment world will find that there are countless rumors of takeovers and company sales. While some of these do end up happening, the majority of them do not. By assuming these things will happen and investing in the company, you could overpay for the stock.