5 WAYS TO AVOID AN INVESTMENT PONZI SCHEME
In the word we are into now, so many people have had plans in investing in one or two businesses which may bring a huge profit back to them which might seems interesting to them. But in some case you need to avoid some investment ponzi scheme especially those ones that promises to pay back with huge return.
Below are some tips on how to avoid an investment ponzi scheme:
- Be cynical
If somebody tries to put you up for an investment that has huge and/or instant returns for little or no risk, it might well engage some sort of scam. For instance, Anthony Uko provided investors with steady return of 2-1.5% per month for 12 years before everything knock out apart
- Be guarded of spontaneous Offers
Someone contacting you out of the blue, perhaps inviting you to an investment tutorial is often a red flag. Investment scams often target aged people, or those close to or in sequestration.
- Check Out the Vendor
In this case you need to check on the seller or the vendor registering you for the business because this may lead to the demise of your payment causing you to regret.
- Confirm the Investment Is Registered
Ponzi schemes often engage unregistered investments, says the( Securities and Exchange Commission) begin by asking the person offering the investment: If the investment isn’t registered, ask why (not all investments must be registered). If you’re told it is, verify by following the FINRA provides for checking the Securities and Exchange Commission’s EDGAR record, your state securities regulator and FINRA’s market data.
- Recognize That Investment
By no means should you put all your money into an investment you don’t fully understand. There are many online revenue to help you learn how to invest your money smartly without losing any of your funds.
