How to Protect Yourself From Investment Scams?

With the stock market breaking record numbers these days, the time is right for con artists and scammers to take advantage of new investors.so how to beware?

Always screen the broker/advisor and the firm they are representing via the NASD website before even considering doing business with them. Look out for complaints, sanctions, job hopping etc....After that ask for references and have the investment opportunity looked at by someone you trust with knowledge in the industry. Don't ever do business with someone who tries to rush you into a decision and if the words "guaranteed return" comes up in a conversation run away as fast as you can.

Talk to someone you trust and ask them what financial services they use and then check them on the net and talk to a Representative.It's free.

Do not respond to emails, phone calls, or mail soliciting your investments. Most people that get scammed carry a big sign that says "Scam me". Some one calls them and tell them they can earn 30% monthly return and the response is, "Oh wow, where do I send the money?"

I interigate everyone I do business with when it comes to MY money... I do not get taken! I scare off half the people who are actually legitimate but then I have to take care of myself. No one else will do it for me.

you will invest only in mutual funds under the SEBI or ULIP of any insuarence company under IRDA

Greed of investors result in most scams. If only people can focus on the fundamentals - high reward comes with correspondingly high risk, most scams could be avoided.

good quality

managable quantity

and alertness with

controling greed & fear

using technical analysis

2 protect from scam

It is very easy, Don't flow with the market rumours or so, Only go for the fundamentally stong stocks and make a target in mind, Always book profit in parts and exit from the market, Don't be a day player, be an investor and learn to big profits.

No investment scan can ever harm u.
THANKS