Who Can You Trust When Investing?

Fear and uncertainty have spread worldwide due to the coronovirus epidemic. On top of those problems, the issue of police brutality of black men has once again been brought to the world. The tragic murder of George Floyd by a Minneapolis police officer and the police murders of other black people have turned the news on. Demonstrations, peaceful protests and occasional riots and violence have captured the interest of the United States and other parts of the world.

The world is in turmoil, and investment cannot be on people’s minds. But with the epidemic, many people have suffered financially so money is an issue. They will be looking to earn some more money.

There are still many gurus out there who want you to trust them by signing up for their stock investment newsletter. They promise big returns and make big claims. His testimonials seem almost too good to be true. Maybe they are.

So-called investment gurus are postponing their programs, as the unprecedented time of the coronovirus has affected everyone. They are saying that during these troubled times there are exciting opportunities to invest in oil, banking, crypto, medical companies and even more. They have common names like John, Tom, Ken, Alex, Mark and Jeff, and some unusual names like Jordan, Derek and Kyle. who can you trust? It is difficult to know.

Sometimes they promise 100% return on your investment or they may be bold enough to promise $ 2,000% a year. They say that you will get your return on investment first with your first trade. If they promise large returns, it is best to ensure that they have a money back guarantee if they do not produce as claimed.

Had those promises come true, it would have been a great opportunity and blessing. However, very often they are false promises, which are not successful. If you can find a program that has been claimed, you can consider yourself one of the lucky ones.

It is pathetic when losing is not considered winning, but this is the case with so many investments. We can be happy not to lose our shirts, although the gurus told us that we would win 100% or more from their recommendations. When going with the recommendations made by the gurus, it is important to cut your losses before you lose your shirt before speaking. Winning is the goal, of course.

Fake claims and dead ends can cause a lot of stress. Minor failures can be overcome without major losses. Investment gurus like to follow in their footsteps to achieve winning trades. However, you cannot trust many of them. It is best to research and learn so that you can trust yourself to make the best decision.

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