Have a partner give opposite advice but ask for a gift if they win big.
Actually with the Internet give “buy” stock ABC to 100,000 people and give “sell” ABC to another 100,000. Do this five more times to the winners group but on the sixth time tell them they need to pay you $100 for the advice. They would “believers” because they have won six-times in a row from your advice! They will gladly pay for your advice now. You make $312,500. (Someone check my math….I’m tired tonight)
Zykoic about 1 year ago
Value free.
Have a partner give opposite advice but ask for a gift if they win big.
Actually with the Internet give “buy” stock ABC to 100,000 people and give “sell” ABC to another 100,000. Do this five more times to the winners group but on the sixth time tell them they need to pay you $100 for the advice. They would “believers” because they have won six-times in a row from your advice! They will gladly pay for your advice now. You make $312,500. (Someone check my math….I’m tired tonight)
Oh Really? about 1 year ago
People love to win and advisors don’t bat a thousand—- bound to have some upset folks when things go south….
bilbrlsn about 1 year ago
The guy that tells you to sell is the same guy that tells you to buy and he gets a commission whether you lose or gain.
Ooten Aboot about 1 year ago
Not meaning to contradict any prior comments, I have observed that free advice is usually worth the price.