How Stock Brokers are fueling Fake Advisories!
Created on 07 Sep 2022
Wraps up in 8 Min
Read by 835 people
Updated on 16 Sep 2022
Growing up in Indian families, how often have you had to face the brunt of the taunt, “You will never amount to anything! You’re worthless!”? As toxic as such parenting comments would be, I am sure they meant well. Right? Well, childhood trauma apart, how would you feel if someone quite literally reduced your value down to pennies? While the reduction in value is not quite literal, it is actually sensitive information about you that is sold at a discount.
“Caveat emptor” goes right out the window as users agree to the terms and conditions when signing up with these data mongers. “Who are these unscrupulous weasels?”- you may wonder. Think back to some of the most recent “Agree and Continue” you clicked on without reading the whole terms. Before you get lost in a list of irresponsible clicks, let me help you. I’m talking about your broker(s) that possess your phone number, age, location, and so much more. That’s more data about my personality than I’d like anyone to possess, let alone someone who sells that data. Yeah, some “terms” in those documents put sensitive data about you in a compromised “condition”.
You are missing out on so much.
To continue reading, Subscribe.
You can have unlimited access to all the Elite Articles. Log in to check if your Finology account is ready for Elite.
By Subscribing to Finology One, you can unlock more superpowers -
- Up to 3 premium articles every week
- 15+ Stock recommendations with Recipe.
- 45+ premium courses with Quest.
- Valuation Calculators and more tools with Ticker.
You get all of these in one, with One.
How was this article?
Like, comment or share.
Share your thoughts
We showed you ours, now you show us yours (opinions 😉)
Why not start a conversation?
Looks like nobody has said anything yet. Would you take this as an opportunity to start a discussion or a chat fight may be.
More titbits on the go
Stock Exchanges are Killing Stockbrokers
11 Sep 2022
Why do most companies want to be listed on Stock Exchanges?
11 Sep 2022
What is Paper Trading?
30 Mar 2022
Chittorgarh Review: The Best Stock Broker Website Investigated
26 Feb 2022