Have you ever dropped a glass or broken a window? The first instinct is to tell people to stay way because there is broken glass on the floor and we don’t’ want anyone to step on the glass and get hurt. Then we do the ridiculous. Someone will get a broom and start sweeping up the mess while standing on the very floor that was declared unsafe.
Why? Because it’s the only way to clean it up. Someone has to take the risk. Online investing is a similar paradigm. We know and have plenty of evidence that the world of investing money is fraught with risk. There is no such thing as a risk free investment. However we walk on the broken glass and put our money with a broker anyway, because it’s the only way to make the money. When you sweep up glass, you can take safety precautions like good shoes and watching your step. When you invest the same willingness to be careful must occur.
Investigate The Broker
Anyone with a website can set up what looks like an investment firm. In fact, many of the so-called “independent” investment sites are doorways to investing with major firm under another name. You wouldn’t hand a stranger...