Don't Be a Victim of Fraud

Here are some things to help you stay away from being a victim of scam:

1. Don't tolerate yourself to be pressed into a rushed decision.

2. Make sure there’s always request written information, by mail, about the product, service, investment or about the organization that's offering it.

3. Make sure you fully understand the investment you want to get involved.

 4. Be sure to check on the state or federal agencies the firm is regulated by and/or is required to be registered with.

5. Make sure to check out the company or organization. Check on the background and the people who is behind the industry.

6. If an investment or major purchase is involved, ask for that information also be sent to your accountant, financial adviser  banker, or attorney for assessment and estimation.

7. Beware of testimonials that you may have no way of checking out.

9. You don’t need to give any personal financial information over the phone except you are completely certain the caller has a bona fide need to know.

10. If needed, hang up. If you're simply not interested, you don’t need to stress out yourself, simply say good-bye and end the conversation.

I have a personal experience about this with purchasing a condominium. A seller is very persistent in selling the unit. I wasn't into it but I actually wanted to have an investment. I had second thoughts, so I entertain our first meetings. I thought about it a thousand times and finally had a decision of not pursuing it anymore. I had a long list of my personal reasons so I stayed away from this seller. Meanwhile, as I always think of something to invest in, I go over this website I have stumbled upon before. It’s all about Gold Coins Atlanta and read over their services again and again. Since I am into rare coins and bullion I started investing. It’s actually fun at the same time I know my money won’t go into waste because these coins are actually appreciating its value from time to time. J Great idea indeed! For more information about silver coins, click here!

Investment Mythology: You Require a Lot of Funds to Invest

A very common myth is that “you require a lot of funds in order to start investing”. This is usually heard from those who don’t aggressively invest on their own, or from mutual funds who ask lowest amount $5000 of your wealth. On the other hand, this myth is almost definitely the furthermost from the reality!

Funds are just the physical source that you might use when investing. Knowledge is the key, and it’s what you really need in order to begin. The real obstacle to investing is knowing how to find worth or value & opportunities that exist.  Knowledge lets you to get past that barrier to make earnings with any amount of money, big or small.  It allows you to grow a small sum of funds into a much larger one.

Many great shareholders are able to raise their capital base over several years.  How is this achievable?  They are able pick a larger number of excellent investments than terrible ones.  It’s knowledge that lets them to do this preliminary from a small sum of money. Why not go after their lead and begin small?

Now, I know some of you are going to say, you don’t require investing with a lot of funds.  But it’s easier to make money with more money.  Well, I’ll leave that myth for next time! J

You can actually invest on things which aren't that expensive, say rare coins and bullion, there are actually value on coins, silver or gold. You may want to check out on this site for more information about buying silver coins! 

There are also blogs about selling and buying silver coins elsewhere, if you are interested in exploring more, click here for more blog entries!