Promise of high returns can backfire

High Returns backfire

A few things are too good to be true. A promise of guaranteed or unreasonably high returns should not be taken at face value as you may suffer painful losses.

Here are 6 important tips to avoid typical investment errors

 Beware of schemes that assure unreasonably high returns

 Never trust any written or oral promises assuring guaranteed returns in equity and derivatives markets

 Always have full knowledge about the product you intend to invest in

 Do not invest in any schemes run by an entity that does not have SEBI registration

 Never make cash payments to the stockbroker

 There are risks associated with trading in Future & options (F&O). Invest only if you are aware of the product & its risks.

Credit : NSE

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