Mature Life Features

Cecil Scaglione, Editor

No Such Thing as a Stupid Question . . .

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. . . when you invest.

Betting on the Super Bowl is easier than gambling on the stock market. There are only two teams and one of them is sure to be a winner.

Rather than toss the dice against the vagaries of the various markets that contain thousands of stocks, investigate before buying anything. You wouldn’t go out and buy a car and then bring it home to check out its performance.

Shy away from securities offered on the telephone or by e-mail. Deal only with a securities firm that you know or one recommended by a person who is familiar with the investment industry. You might ask your tax preparer, attorney, or accountant for a referral.

Beware of promises of quick and too-good-to-be-true profits as well as high-pressure tactics by the sales people.

Don’t be afraid of “asking a stupid question.” You’re only being stupid if you don’t ask questions about something you don’t understand and still go ahead and invest your money on it.

Written by Cecil Scaglione

November 30, 2021 at 3:00 am

Posted in Finance

Tagged with , ,

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