4 of the worst pieces of advice from the investment industry

There is a continuous explosion of investment advice available to the average investor. Whether the source is an established industry website or social media, much of it is rock solid.

But the overriding motive for most investment advice is self-serving from profit-driven businesses or individuals looking for cash and followers.

Bad investment advice is rarely as obvious as a Ponzi scheme from a self-professed ‘crypto king’, but here are four examples of common advice that might not be in your best interest.   

1. You must invest to grow your savings