Wednesday, April 30, 2014

Invest Your Money Wisely: Tips for Consumers


  • Be extremely cautious about unsolicited offers to invest.
  • Don’t believe everything you’re told. Take the time to do your own research on the investment’s potential…and on the person making the offer.
  • Be wary of an investment opportunity that offers unusually high yields.
  • Check with federal and state securities regulators to find out if there have been any complaints against the company or person you’re thinking of doing business with.
  • Request written financial information—such as a prospectus, annual reports, or financial statements—then compare the written information to what you were told.
  • Check with a trusted financial adviser, broker, or attorney about any investments you are considering.
  • And if you think you’ve been scammed, report it to the Securities and Exchange Commission, your state’s securities regulator, or a law enforcement agency.


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