Before you invest, ask and check. - SaveAndInvest.org
Before you invest, ask and check. - SaveAndInvest.org
Before you invest, ask and check. - SaveAndInvest.org
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<strong>Before</strong> <strong>you</strong><br />
<strong>invest</strong>,<br />
<strong>ask</strong> <strong>and</strong> <strong>check</strong>.
Protect Yourself from Investment Fraud<br />
Fraudsters tend to go “where the money is” —<br />
<strong>and</strong> that means targeting older Americans who<br />
have been accumulating sizable retirement nest<br />
eggs. But there are simple steps every <strong>invest</strong>or<br />
can take to protect themselves before making any<br />
<strong>invest</strong>ment decision:<br />
1. End the conversation: Practice saying, “No.”<br />
Simply say, “I am sorry, I am not interested. Thank<br />
<strong>you</strong>. Goodbye.” And then hang up or walk away.<br />
Knowing <strong>you</strong>r exit strategy in advance makes it<br />
easier to leave the conversation, even if the pressure<br />
starts rising.<br />
2. Turn the tables — Ask <strong>and</strong> Check: <strong>Before</strong><br />
<strong>you</strong> give out information about <strong>you</strong>rself or sign on<br />
the dotted line, <strong>ask</strong> “Are <strong>you</strong> a licensed broker<br />
Is that <strong>invest</strong>ment registered” Then <strong>check</strong> out<br />
both the seller <strong>and</strong> the <strong>invest</strong>ment using resources<br />
at <strong>SaveAndInvest</strong>.<strong>org</strong>.<br />
3. Talk to someone first: Even if the seller<br />
is licensed <strong>and</strong> the <strong>invest</strong>ment is registered,<br />
it’s always a good idea to discuss these sorts<br />
of decisions with family or a trusted financial<br />
professional who has no connection to the offer.<br />
The Investor Protection Campaign for<br />
Older Investors was developed by the FINRA<br />
Investor Education Foundation, in collaboration<br />
with AARP, Washington State Department of<br />
Financial Institutions <strong>and</strong> noted experts in the fields<br />
of fraud <strong>and</strong> persuasion. For more information,<br />
please visit <strong>SaveAndInvest</strong>.<strong>org</strong> or call toll-free<br />
(888) 295-7422.