Oct 25

Do It Yourself Asset Management 2

1-Do your research carefully on the people you deal with.

One reason why a lot of people hire mangers and not do the investing themselves is the fact that the world is filled with people who want to rob you of your money.

There are a lot of con artists with schemes that seem picture perfect at first glance.

Earn money in 6 months with minimum investment, is a great promise, but that is the trouble—it is too good.

One advice, check it out. If something seems too good to be true, it probably is.

Before you invest in something, make sure that you have done some background checks on the company running it. Looking at their websites or visiting their offices is not enough. You need to look thoroughly at every aspect of the company, meet the people, and know how available they are going to be.

They have plenty of time for you while they are trying to get you to sign on the dotted line, but what happens after that?

Check the transactions that it has made over the years. The number of years that the company has been operating is a pretty good clue too.

Stay away from new companies as much as you can. They may be operated by con artists trying to run a scam and vanish.

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