Thursday, July 20, 2006
First Rule Of Investing
There are a lot of rules when it comes to investing, but probably the first and most important rule to remember is that the higher the returns received from the investment, they are accompanied by higher risks. This is one of the easiest ways to tell if something smells fishy. If someone promises high investment returns with little to no risk, it goes against this rule which means it is likely not what it seems to be. Always remember, if an investment seems too good to be true, it probably is.
Posted by savingadvice at 10:28 PM