Which of the following would be the least effective way to help protect you from unethical or incompetent advice from a financial adviser?
A)Educate yourself on various financial products
B)Ask questions of other investors
C)Rely on the adviser as to when to buy and sell
D)Know your risk tolerance

Question

Quizplus · Accepted Answer

Relying solely on the adviser to make buy and sell decisions can lead to unethical or incompetent advice. It is important to educate yourself on financial products, ask questions of other investors, and know your risk tolerance to be able to detect any red flags or unwise advice from the adviser.

Which of the Following Would Be the Least Effective Way