Savings and Investments

Buying Stocks

Do brokers have any obligation to monitor the performance of the investments that they sell to you?

No, as long as the investment they sold to you was good at the time you purchased it, they are under no legal obligation to follow that investment and plot the course for you, although many do advise the best time to buy or sell. You have to determine when to buy and sell, even if you use a broker or adviser.


This is a web preview of the "The Handy Personal Finance Answer Book" app. Many features only work on your mobile device. If you like what you see, we hope you will consider buying. Get the App