Monday, July 4, 2011

Advisors' opinions

If you believe in stock analysts, you believe in fairly tales. They have their own agendas for their own benefits, not yours.

Use Fidelity's Consensus as they sort them by the past predication accuracy.

Aside from Fidelity's Consensus ratings, analyst's best rating means a Buy, and the rest means Sell. They have too many mutual benefits not to be biased.

From my experience, advisors are more wrong than right at market bottom.


(c) TonyP4 2011. Written in 7/4/11. Updated 7/4/11.

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Disclaimer: All my posts are for informational purposes only. I'm not a professional investment counselor. Seek one before you make any investment decision.

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