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10 Risks That Keep Friends From Doing Business With You

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It seems the stock market has been a rough place in the past few months. Interest rates are still rising. The Dow and S&P 500 are up year to date but about flat on a one-month basis, as of early May.

These are confusing times. Warren Buffett thinks a downturn is coming. Federal Reserve Chairman Jerome Powell isn’t so sure. You have friends with money in the market who know what you do. Why aren’t they asking you for advice?

Here are 10 reasons friends are hesitant to do business with you, or anyone they know. Most are misconceptions. One is not. You can overcome misconceptions. It makes sense to walk away from the last one. Sometimes that isn’t an option.