Sometimes it’s not easy to protect against Ponzi frauds, despite what the media tells you, after they are revealed. The SEC often fails to discover them in time.
But
there are basics you can follow to reduce odds of falling into traps
that entice scams.
A
basic way to avoid investment frauds: Stick to plain
investing vehicles from low-cost, investment funds. They are the
ones with the lowest-cost management fees, who have been in business
for years.
Avoid
those who appear to pay off far better than the
low-cost investment funds. And hotshots who get publicity from
ignorant or complicit “friends” or from media public relations.
(See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole
tweets.)
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