Investor for nearly 40 years. Trader for past 20 as well. · Author has 12.5K answers and 8.5M answer views · 5y ·
A lonnnng time ago, my financial adviser (my first brokerage account) churned my account. That means that he traded frequently, just for the purpose of generating commissions. In those days, there was no such thing as the low deep discount commissions that we pay today (and no internet).
When I eventually figured out what he was doing, I began the process of learning about the financial markets and I have done it myself for 40 years.
494 views · Answer requested by
1 of 4 answers
Something went wrong. Wait a moment and try again.