$1 Club, page-366

@Beno77 this is exactly the problem. People pay a broker to give them an edge because either they don't have the time to self manage their portfolio or they don't have the knowledge required to self manage.

If a broker is telling you to sell into a dip without any fundamental changes to the business then that's awful advice. It's much worse if that same broker is telling a client false information with a recommendation to sell.

Without the advice in writing then I'd take it with a grain of salt. If what was stated is true then this is predatory behavior and is exactly why there is a royal commission into banks, superannuation and financial services.