Friday, October 31, 2008

3 things you must know before you invest in anything!



I've had several clients and students tell me horror stories about things they've invested in and lost all of their money! Get rich schemes are at an all time high. There are people and systems out there set up to take your money!

Here are 3 questions that you must be able to answer before even considering giving your time and money into any financial investment:
  1. How does your money go into the investment?
  2. When your money gets in how and where does it make more money, increase in value, appreciate?
  3. How do you get your money out of the investment?
The above three questions are the building blocks and will stir up other questions that you should ask before you invest any time or money. There is safety in sound advice, so always seek the help of a competent professional investment consultant before making your decision.

What kind of money schemes have you heard about or fallen prey to in the past?

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