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Mistake #12: Being Caught by an Investment Scam |
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Despite all the negative publicity, thousands of consumers are caught with investment scams. Be very wary of "free" offers, such as investment seminars or trips to inspect property in distant areas.
No matter how good these offers seem, many are a nasty con where
consumers are tricked into buying properties at hugely inflated prices.
Often, it is not until they try to sell that they discover how badly
they have been duped. Be wary of anyone who is trying to sell you
something because it is a "good investment" or it has "tax benefits" or
a "guarantee". Do your research and don’t sign anything without getting
independent advice. |
