The second step in choosing an investment is to protect your hard-earned money by being informed. This includes gaining a thorough understanding of the investment you are considering and being aware of the trade-off between risk and reward. The investment should closely reflect your investment goals and risk tolerance. Without taking the time to conduct the proper research, you may be exposed to an unsuitable investment or fraud that could be financially crippling.
Some questions you might want to ask include:
BECOMING AN INFORMED INVESTOR IS EASY
Becoming an informed investor is the best way to protect your money and your future financial security. Knowledge is power and you can find a lot of information to educate yourself about investing on our website – including how to avoid frauds and scams.
Following are some additional resources to help increase your investment knowledge: