Financial Advice Or “Quackery?”: How To Spot The Difference
How can you tell if the financial advice you’ve received is real, useful financial guidance or just a case of “fake news”, i.e. financial “quackery”?
Unfortunately, a lot of what happens in the financial industry in Canada is financial “quackery,” as we like to call it. Since the most common methods are so familiar to most of us, they seem normal. It’s hard to see how inadequate many financial procedures are until you compare them to the way things work in other fields.
Also, watch video: Financial “Quackery” video.
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