Trust Me by Gordon G. Leek

Author:Gordon G. Leek
Language: eng
Format: epub
Tags: BUS000000, BUS050000
Publisher: Dundurn
Published: 2010-08-19T16:00:00+00:00

1. Beware of promises of high profits that are guaranteed a sure thing. Remember that nothing in life is guaranteed, least of all making money.

2. Avoid financial advisors who fail to provide clear explanations of the investment or use confusing jargon that makes them sound knowledgeable and you incompetent.

3. Ask for and obtain written details of the investment. Ask for bank statements, stock quotes, or statements from other investors. Be cautious of any details that cannot be verified in person.

4. Resist the pressure to reinvest without obtaining your profit first. If you do decide to invest, think about the investment as a day at the casino. Plan to invest or play with a certain amount. When you win or make that amount, pocket and continue to play with your “winnings.”

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