The following is an excerpt from John Burke at  Wall St. Sector Selector

Many of the questionable retirement investing ads start with the premise that the stock market is a risky place for your money. From there, they often try to convince you that something you never even heard about before would be a safer and more lucrative investment. By the end of the late-night infomercial, a tragic portion of the audience has picked-up the telephone and sleepwalked away from their life savings.

When weighing advice on retirement investing, you must always consider the source of that advice. If the advice is coming from a company which is offering mutual funds, your focus should be on the fee structure for the fund being pitched, and whether the investment will put any additional money into your retirement savings after all of those fees are paid.

Any retirement investment advisory service is going to charge you money – one way or the other. Your task will be to ascertain that amount and compare it to the anticipated advantage of following that advice.

Read More at: Wall St. Sector Selector