Got Any Good Stock Tips?
It’s summertime, which means more BBQs, pool parties, and catching up with friends and neighbors. And without fail, whenever someone new hears I’m a financial advisor, the first thing they ask is: “Got any good stock tips?”
I get it. It’s a fun question, and who doesn’t like the idea of landing the next big winner? But most of the time, those tips are just noise. They can lead people away from the things that matter most—like building a plan that fits their life, not just the market's headlines.
I made a short video sharing why those quick wins often come at a cost, and what a better path might look like.
If you’re thinking about retirement, managing a busy career, or just want your money working smarter for you, I hope you’ll give it a watch.
And hey—next time someone asks you for a good stock tip, you’ll know exactly what to say.
Transcript
Ever get a hot stock tip that sounded too good to pass up? Maybe it was from a friend, a colleague, or from a flashy headline? It's easy to feel the pull and picture yourself cashing in fast. After all, who doesn't love the idea of beating the market? But before you act on any stock tip, let's take a step back. I'm Chad Chase, Senior Financial Advisor at CGN Advisors.
Why Chasing Stock Tips Feels Like Gambling
In this video, I want to talk about why chasing stock tips often feels more like gambling than investing, and how that approach can quietly pull you away from the goals that matter most to you. Hot stock tips tend to promise easy wins, but when it comes to investing, lasting results often come from consistency, not cleverness. Yes, someone occasionally hits the jackpot, but more often than not, chasing tips results in missed opportunities, poor timing, and emotional decisions.
The Hidden Risks of Following Hot Tips
What you don't see are the missed cues, the false alarms, and the people who followed the same advice but came out behind. Because here's the truth: by the time most stock tips reach you, they've already played out in the market. Instead of hinging your plan on someone else's guess, it's wiser to build something more resilient. That starts with a strategy built for your situation, not someone else's idea of a win. I understand that it's tempting to think one big win can change everything.
How Real Progress Looks in Investing
But real progress often looks a lot more like showing up and doing the work, month in and month out. A diversified portfolio gives you the structure to pursue growth without tying your success to any single outcome. It doesn't ignore risk, it spreads it out. So if one investment underperforms, it doesn't take your whole plan with it. There's no need to guess which company will double in value over the next quarter. Instead, focus on what you can control, how much you save, how you're invested, and how well your plan reflects your goals.
Building Confidence With a Plan That Fits You
That's where real financial confidence starts, when your strategy reflects your life, not someone else's noise. Every client I work with brings a different story. Some are five years from retirement, others are mid-career professionals with equity compensation. Some are juggling kids, businesses, and aging parents all at once. A one-size-fits-all tip just doesn't cut it. If you're planning for college savings, retirement income, or tax efficiency, a flashy stock probably doesn't address your real questions.
Questions to Ask Before Jumping on a Tip
So when someone says, “Have you heard about this stock?” it's okay to smile, but remember to ask yourself: Does this line up with the plan I built? Does it match my comfort level of risk? Will it move me forward or just distract me? The market is noisy, and there will always be another headline or bold prediction. But confidence doesn't come from reacting to the noise. It comes from clarity.
Let’s Talk About a Plan Built Around Your Goals
At CGN Advisors, our work starts with your goals. Not with what's hot, but with what matters most to you. If you're looking to put your energy into a long-term plan that supports your values, lifestyle, and future, let's talk. You don't need the next big tip. You need a plan you can actually live with.
If you're ready for a financial plan that actually fits you, please call us at our Manhattan, Kansas, office at 785-340-3434 or our Rogers, Arkansas, office at 479-335-1034.