Who can you trust when investing?


Fear and uncertainty caused by the coronavirus pandemic have spread around the world. In addition to these problems, the issue of police brutality against black men has once again been brought to the world’s attention. The tragic murder of George Floyd by a Minneapolis police officer and the police killing of other blacks have flooded the news. The demonstrations, peaceful protests, and sometimes riots and violence, have drawn interest from the United States and other parts of the world.

The world is in turmoil and investments may not be on people’s minds. But with the pandemic, many people have suffered financially, so money is a problem. You may be looking for a way to make some much-needed cash.

There are still many gurus out there who want you to trust them by signing up for their stock investing newsletters. They promise high returns and make high demands. Your testimonials sound almost too good to be true. Maybe they are.

The so-called investment gurus are promoting their programs, although the unprecedented times caused by the coronavirus have hit everyone. They say there are exciting investment opportunities in oil, banking, crypto, medical companies and more during these troubled times. They have common names like Jon, Tom, Ken, Alex, Mark, and Jeff, as well as some more unusual names like Jordan, Derek, and Kyle. Who can you trust It’s hard to know

Sometimes they promise a 100% return on your investment or are brave enough to promise 2,000% in a year. They say that your first trade is most likely to get you your return on investment. If they promise great returns, it is best to make sure they have a money back guarantee if they don’t produce as claimed.

If these promises were to be fulfilled, it would be a great opportunity and a blessing. But all too often these are false promises that are not kept. If you can find a program that pays off as stated, consider yourself one of the lucky ones.

It is quite pathetic not to see losing as a gain, but it is with so many investments. We can be lucky just not to lose our shirts even though the gurus told us that with their referrals we would win 100% or more. If you are following the recommendations of the gurus, it is important to reduce your losses before you lose your shirt, so to speak. Of course, the goal is to win.

Fake claims and dead ends can be very stressful. Small setbacks can be overcome without major losses. It is tempting to listen to investment gurus who will follow in their footsteps to make profitable trades. However, many or most of them cannot be trusted. It is best to do your research and learn so that you can be confident in making the best decisions.


Source by Irene Mori