Avoid relationship investment scams.
Financial experts say if you're going to invest in something, know your why.
But as an advisor tells consumer investigator rachel depompa, don't fear missing out in the stock market.
Levkovich has been warning about a correction for months now.
Hitting new highs, leading to new highs means markets never correct, which doesnt quite make sense, levkovich told the hosts of cnbcs closing bell in june.
That same month, levkovich wrote a note to citi clients expressing that the company would be maintaining its cautious view over.
Spotting an investment scam can be challenging.
Thus, several warning signs can help you identify potential fraudulent schemes.
Heres a list of methods to avoid investment scams:
Lack of documentation and transparency;
Unusual payment methods or secrecy.
If you fall for an investment scam, there are immediate measures you can take, including reporting it to the authorities.
Youre interested in investing to grow your money, but not sure how?
Its a common financial goal and one that many scammers take advantage of with investment scams.
Can you spot the warning signs of investment fraud?
Protect your investments by watching out for these red flags:
Aggressive sellers who may provide exaggerated or false credentials.
Promises of great wealth and guaranteed returns
Before you invest, make sure your brokers, investment advisers, and investment advisers' representatives are licensed to sell securities.
This brochure details how you can determine the validity of your broker's credentials, whether your broker has had any problems, and more.