Ten (10) Do’s and Don’ts When Investing
- Be cautious and careful in accepting and responding to phone calls, emails and in making appointments with people who makes an offer regarding profitable schemes which says that you need to make an urgent or abrupt investment for beginners.
- When investing, always make room for doubts for given assurances in giving off quick profits or doubling your money for over a short span of time.
- Immediately turn down offers that pressure you to instantly give off your money. Some may utter the lines like “You should make your payment now for tomorrow is just too late” or “Make sure to transfer your investment within the day for this is a first come first served basis and there are a lot of you who wants to grab this once in a lifetime opportunity.”
- In investing, always ask for the company’s factual basis like company registrations and other legal documents showing the companies information. Verify these documents if they are true. If so, track back their most recent records. Keep in mind that papers and signatures are very easy to be falsified and forged nowadays.
- Be wise in investing and always take note of everything you here about the company you are planning to invest in to. Be suspicious in a way with every rumors and tips about them.
- Do ask for some financial papers or other documents of same kind before you make a decision in investing. Make sure to read these papers and understand the terms and conditions carefully before inking that contract.
- Before you consider investing, it is better to seek advices from a law maker, accountants or from any of your trusted mentors with regards to financial concerns.
- Trust you instincts. If you are having questions and doubts about investing your money on a certain endeavor, make no pledges and sign no agreements. It is better to wait and pursue investing on something that you are sure of than making an immediate decision and cry over a spilled milk in the long run.
- Do not be scared on hanging up a phone call from an advertiser of a certain business scheme who insists on persuading you to consider investing on them.
- Make a call to the rightful Government Agency and confirm the reliability and status of the company. Ask if the company is really credible for investing and if they are properly and legally licensed to do the business.
Of course, if it is not enough you may find more examples on Google about investments in stock market.