It is a well-documented fact that the U.S. economy is in good shape. Despite this, there are certain developments, which are keeping investors on the edge. While trade-related tensions with China continue to be a source of worry, President Trump’s threat to exclude Canada from a new NAFTA deal has also increased investor concern. Moreover, the ongoing troubles in emerging markets have also been a source of worry for investors.
Expert Advice – A Must in this Scenario
It is a well-known fact that investors irrespective of the market conditions strive to design a winning portfolio of stocks. They, after all, are putting their hard-earned money into stocks. However, given the above backdrop, the task of building a portfolio of stocks for handsome returns is a herculean task.
One of the tried and tested strategies is to maintain a well-diversified portfolio (i.e. including stocks from different industries) so that one rakes in solid returns at all times. However, it is easier said than done. With multiple stocks flooding the market at any point of time, it is next to impossible to design one’s portfolio without guidance from people equipped with proper know-how about the market.
Given this backdrop, it is in the best interest of investors to seek guidance from “experts in the field.”
Who are the Experts & Why?
The “experts” in the field of investing are brokers who are equipped with thorough knowledge about the space. Brokers, irrespective of their types (sell-side, buy-side or independent), have at their disposal a lot more information on a company and its prospects than individual investors.
To attain their objective, they go through minute details of the publicly available financial documents apart from attending company conference calls and other presentations. Broker opinion should thus act as a valuable guide for investors while deciding their course of action (buy, sell or hold) on a particular stock.
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