Many Fake companies are also present in the market in the name of investment. You always have to be protected from them, in the name of investment, you must have seen many people around you, whose money gets stuck or drowned somewhere.
It is important to pay attention to some things before any kind of investment, because investment is linked to your hard-earned money. And no one wants to lose their hard-earned money in a bad investment,
Therefore, before making any investment, you should keep in mind of some things like:
1. Understand the Terms and Conditions of Investment
Regarding the risk of all types of investment, the terms and conditions of that investment are usually written in small letters. You have to understand to read carefully about the kind of risk related to your investment.
Do not pay much attention to the sales person of the company selling the investment, often the sales person exaggerates the benefits of investment for his personal benefits i.e. commission and sales pressure, and there is not much talk about the risk related to investment. Doing so, you have to understand both the terms of the sales person and the terms and conditions in the document of the investment. If what the sales person is saying is not visible in the term and condition, then you should be very careful with such investment.
2. Take a little time to understand before signing the investment document
It is said that the accident is delayed, although this line can be seen at the time of traveling in the road. But your investment is also a money-to-money journey, in which the chances of loss will be increased if precautions are not taken. That is to say, whenever you sign a document, whether it is an investment document or something, then take some time to understand it.
Signing any document means that you have read and understood all the things in that document, and also understand all the things related to it and risk, but it is not often that most people just sign the documents on the basis of trust without reading it.
Once you have signed the documents without reading them, remember later you cannot say that you had not read or understood anything written in that documents, so it should be our endeavor that any kind of document Before Pay signature, take some time to understand all the things written in the documents. It takes some time to read and understand the documents, only a little while, but in this way you can avoid any big trouble in the future. If possible, you should keep the documents with you and read and understand them easily, then you can sign.
3. Understand the investment offer carefully
Today you get a lot of calls, SMS, related to investment, or you can see and hear a lot of different investment offers of different types through email, internet, newspaper and TV or any other medium. If you like an investment and you want to invest in it, then give some time to understand the same investment offer properly, in which you have to see that:
- Whether that investment is completely legal or not, you always have to make a legally valid investment.
- What is the history of investment offers, since when such offers have been made and how much has actually been gained from them.
- What is the feedback from people who have invested.
- Where is the office of the investing company, where there are so many complaints against it, you can also check it on the Internet.
- Do not consider presence on internet as final, if it is possible to visit the main office or local office of that company, then definitely visit.
- Avoid cash payment, always use cross check in the name of direct company.
- How is the liquidity in the investment, that is, how soon you can change the investment in the case.
In this way, you should understand thoroughly about both the offer of the company offering the investment and the credibility and reality of the company before investing, then you decide after this that you earn your hard earned money to that company should be given or not, because the company is promising good returns, just for this you cannot invest your money with them,
In the end,
“Once you decide to invest, then take care of some other things
1. Do not pay in cash
Always avoid any kind of cash payment while investing, you should always use crossed check or bank demand draft to make payment. And the check or draft should always be in the name of the company. Cash payment or check given in the name of someone else increases the chances of fraud, as well as the receipt of the payment made and keep a copy of the investment documents for your future.
2. Keep investment documents safe
It is necessary to keep the investment documents safe, so that you do not have any kind of other problems and you can take full advantage of that investment, if you do not have documents, then in this situation you may have to face many problems.
And at the same time keep in mind the option of nominee in the investment so that in the event of any accidental accident, you can get the benefits of the investment for your family members, for which you have made an investment. you must get a copy of each document and receipt and kept in file.
3. Investment Review
From time to time, you must do an analysis of your investment i.e. review and analysis, so that you can know the progress of the investment. If the investment is not according to you or according to your thinking, then in return, someone will give it instead. You should think of the option of making another investment so that you can benefit from your investment in the long term, and you can meet your financial goals.