It is tempting to try to get rich quickly, but the process of getting rich slowly and steadily via saving and long-term investing in a diversified portfolio is tested and more reliable. Don’t let wishful thinking cloud your better judgment; if something sounds too good to be true, it probably is too good to be true!
If it sounds too good to be true.it probably is! A recent episode of American Greed portrayed an investment scam perpetrated by a well-dressed, nice-looking "investment advisor" who convinced people that they should trust him. His smooth words and cool self-assurance gave them the confidence they needed to hand him their hard-earned cash, convinced that he would make them rich.
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If It Sounds Too Good To Be True..It Probably Is! Investing in high quality companies already carries an element of risk. Why anyone would gravitate to higher risk investments is beyond me as many of these higher risk investments end in heartbreak.
If an investment sounds too good to be true, it probably is.. Securities are " passive" investments; that is, the investor's success is primarily.
Besides, if the returns sound too good to be true, they probably are. One of the easiest ways to research someone who you’re thinking of investing money with is at BrokerCheck.org. This free.
Be patient and enjoy the process. One final tip: If it sounds too good to be true, it probably is. Avoid "get rich quick" schemes and other gimmicks. All good things take time, and investing is no.
Millennial empowerment: If it sounds too good to be true, it probably is. june 13, 2019 |. While it is never too late to start investing, the one advantage younger investors have is time. By starting legitimate investments at an early age, you can benefit from the power of compounding and.
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If It Sounds Too Good To Be True. In today’s complex financial world, there are many opportunities awaiting you. As an investor, your task is to sort out those investments that have the greatest potential in order to meet your personal goals.