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Stock Recommendations, When they help and When they Don’t
What is the fuss?
Stock recommendations are to be found everywhere. In finance journals, newsletters, SMS, Telegram Channels, WhatsApp groups, FinInfluencers on YouTube or Twitter (now X). But how do you use them? Are all stock recommendations to be ignored and escaped from?
The stock recommendation is a grey area. Some investors like to share their experiences and make stock recommendations to help other investors learn from their knowledge. Some people use stock recommendations to scam others and make money.
In this post, I give four examples of stock recommendations I have used to buy stocks. How these stocks turned out over four years, from 2021 to 2023. As 2023 comes to a wrap, I share my learnings of using Stock Recommendations to your advantage.
Sneak peek -> Not all stock tips are bad, you just need to know which tips to give importance to, and how to use them in your investment journey. Let's get started.
The Saga of 4 Stocks I Bought from stock-tips
Note: I have used stock tips and stock recommendations interchangeably in this post, they mean the same. I use the word ‘tips’ to make the headings shorter.