How do I know if an investment is legit?

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How do I know if an investment is legit?

Michael Hawkins Answered question June 12, 2021
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With rising inflation rates, it’s now more difficult than ever to accumulate wealth, prompting a lot of people to invest their hard-earned money. While that’s all well and good, it’s important to make sure that you are placing your money in legitimate investments.

Fraudulent investments share a lot in common. First, fraudsters often claim that their investments basically have no risk. They will also tend to guarantee a fixed amount of earnings, which is often an unrealistic number. Finally, fraudsters are extremely evasive when you ask them specific questions, such as business fundamentals and numbers. They will struggle to explain in detail what the business does and will divert your attention to other things, such as false promises of earnings.

If you lost money to an investment scam, make sure to get in touch right away with an investment fraud lawyer from GirardBengali.com for a better chance of recouping your losses.

Michael Hawkins Answered question June 12, 2021