Friday, July 22, 2011
Your Dream of a Lifetime ...
Your dream of a lifetime .. if handled correctly, could be your children's dream and their children's dream .. right on down the line ...
Everyday another site offering investment opportunities of a lifetime are popping up. It seems that anyone these days can pass themselves off as a certified financial advisor. And .. although they may claim to have credentials, it is up to you, the investor, to ask the hard questions. Don't assume because they tell you they have a series 1,2,or 3 license, that they are qualified to invest your hard earned money. Never, ever, feel like you are the ignorant one when they start throwing around terms that you never heard before. The scammer wants you to believe that they know more than you and they want you to believe that Your money will be safe in Their hands.
Don't be too sure about that. Take a look at the following pdf file. http://www.nfa.futures.org/NFA-investor-information/publication-library/scams-and-swindles.pdf
Also, if you do sit down, or correspond over the internet, with one of these fly-by-night "investment advisors", make sure you have a pen and paper handy and ask the questions that you need answered. Believe me, you do not give yourselves enough credit when it comes to trusting your own judgment. You Should! You are in the drivers seat. Remember that. This is not a popularity contest .. this is your money and hopefully your children's money and their children's money. Take your time. Do your homework and seek the advice of a professional that is close to you. It should be someone in close proximity (town, city) where you can talk face to face. The internet may be convenient but it's a dangerous place and it's hard to track someone down if things go terribly wrong. Also, Do not rely on what others have to say as far as references. Remember, references could be part of the "financial advisor's" Team .. Bernie Madoff had a "Team" .. watch/read - Link ~ More Wealth .. Means More Responsibility .. Be Smart .. Be Cautious .. Don't Let History Repeat Itself ...
good luck ... Kel ...
Scams AND Swindles
An Educational Guide to Avoiding Investment Fraud
http://www.nfa.futures.org/NFA-investor-information/publication-library/scams-and-swindles.pdf
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