Golden rule, if someone approaches you with an investment offer without prior contact, assume that it does not qualify as safe investing. The members can always contact when in doubt whether an offer is reliable. You can check whether the financial provider has the necessary permits on the website of the Malaysia Authority for the Financial Markets.
There are also all kinds of signal providers who promise ‘the golden tip’ for a fee. Don’t fall for it. If they were so sure they wouldn’t need you. Choosing the house for rent Puncak Alam is important now.
Know Where Not To Invest
Realize that risk and return almost always go hand in hand. A presented return of 7% means a high risk at low-interest rates. If it is not immediately made clear which risks are being run, this is a reason to distrust the investment in question.
Notorious high-risk investments are those in distant countries, exotic products, restricted products or a combination of these factors. Think of teak plantations, ostrich farms, real estate in exotic places and shipping resumes. If, despite all warnings, you want to invest in products or services that meet (one of) the above characteristics, make sure that you apply tips 3 and 4.
Spread Your Wealth
One of the most unsafe ways to invest is to bet all your money on one horse. For example, some people invested their entire assets in stock market debuts. Other investors entrusted all their money to the fraudulent options, which promised to invest in real estate.
By spreading your assets, for example across different investment categories and products, but also providers, you will not immediately lose all of your assets in the event of a setback.
Avoid Investments You Do Not Understand
Compare it to buying a house. Most people will take a look themselves so that they know exactly what they are buying. If they do not, there is the risk that the house does not fully meet their wishes and / or that they pay too much.
This is how safe investing works: you have to understand what you are investing in. An investment product must suit you in terms of risk appetite and investment knowledge. For example, if you investing CFDs, you should know that in some cases you can be left with residual debt. Is that acceptable to you? And when you invest in bonds, it is helpful to understand that their value depends on interest rates.
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