Wall Street Hates YouI have a saying, “Don’t buy what someone wants to sell you. Buy what you have researched.”And so I would tell everyone: don’t give brokers discretion over you accounts, and don’t let them convince you to buy unusual bonds, or obscure securities of any sort.  By unusual bonds, I mean structured notes, and eminent men like Joshua Brown and Larry Swedroe encourage the same thing: Don’t buy them.

via The Aleph Blog » Blog Archive » Wall Street Hates You.