How to Avoid the 10 Most Common Investment Scams

(DailyThrive.com) – Investment scams are all too common. Even the savviest consumer can be tempted to invest in what sounds like a “sure thing.” Who doesn’t love a guaranteed return on their money?

That’s the problem. There are no guarantees, and anyone who says otherwise is likely scamming you. Check out the 10 most common investment scams here:

Here are some tips to keep in mind when trying to avoid being scammed:

If it sounds too good to be true, it probably is. Steer clear of these deals.
You’re asked to invest all your money and/or assets.
Offshore accounts are involved in the deal.
They’re not registered with the SEC or any other reputable agency.
You are pressured to commit quickly without having time to consider your options.

While getting rich quick sounds like a dream come true, getting scammed can quickly become a nightmare. By taking a few basic precautions, you can be smart about investments and avoid being fooled. Stay informed, and you’ll see these scams coming a mile away.

~Here’s to Your Success!