Enjoy this post today about investing by blogger and Chartered Financial Analyst Joseph Hogue.
I have built my career around investing and analysis of investments. I’ve done a good job and am proud of the advice I’ve offered clients but there is a dirty little secret that most analysts will not talk about.
The secret…many investors may not even need us.
Analysts are able to provide valuable information on stocks that helps keep the market so efficient and running smoothly. While it is difficult for anyone to “beat” the market consistently year-over-year, research shows that some analysts have been able to earn higher returns after adjusting for risk.
But the problem is that many investors just don’t need the few extra percentage points in returns that stock market analysis can provide.