Two months came and went. I received a call from my broker. Apparently, my stocks had run their course and it was time to pick a portfolio of new exciting stocks to replace the tired old ones. Roughly two more months came and went before I received another call from her. It was the same story as before.
Brokers have a name for unnecessarily turning over a client's portfolio to increase commissions.
It's called churning. I didn't like being churned and once I figured out that I had been misled, quickly dumped my broker. In universities, churning also takes place. But it has nothing to do with financial investments. And it has nothing to do with overt dishonesty.