Financial advisors play a vital role in helping individuals make sound investment decisions and plan for their financial future. They provide valuable guidance. But have you ever wondered how they make money? It's essential to understand this to ensure transparency and make informed choices when seeking financial advice. Read on to understand the compensation models of financial advisors.
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Oil prices fell to a near five-month low on Tuesday on a stronger U.S. dollar and demand concerns, putting the market down for a fourth day in a row on doubts over OPEC+ announced voluntary supply cuts last week. "The OPEC+ deal did little to support prices and given the (four) days of declines that followed it, traders are clearly very unimpressed," said Craig Erlam, senior market analyst UK!
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Equity markets continued their winning streak for the sixth consecutive day on Tuesday. Analysts said the global and domestic markets made a smart comeback as investors remained convinced that the rate-hike cycle has ended. Going forward, investors will take cues from US Service PMI and Jolt Jobs data, said Siddhartha Khemka, Head - Retail Research, Motilal Oswal.
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