Don't be afraid to pay for financial advice. Sure you can get free advice from your family and friends, but what exactly makes them qualified to give it to you? There are only two groups that are qualified to give you accurate financial advice. First there are the skilled professionals who carry indemnity insurance- advisors you can sue in the event that the information they give you is wrong. Second there are very rich people. These people have proven their financial acumen by making large sums of money themselves. So feel free to take advice from only these two groups.
Also, any financial advisor you use should be independent. He should not be restricted to providing advice from a limited range of products offered by the company he works for. You should insist on paying for the advice on an agreed fee, not by commission on the policies you take out. You need impartial advice that is suited to you and your circumstances, and paying for the advice is the only way to be sure that you get it.
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