Time and again, people fall for ponzi schemes due to their ignorance, greed and probably the lost out feeling.
1/5
What are the credentials and experience of the persons/institutions managing your money?
(Pic: Pixabay)
2/5
Are they registered with a regulator like Securities and Exchange Board of India (Sebi)?
(Pic: Pixabay)
3/5
Do you understand the strategy they deploy to generate returns? If not, stay away.
(Pic: Pixabay)
4/5
How do the returns compare to the current fixed deposit rate? It is just not possible in today’s environment for anybody to generate even 10% return every month consistently. And keep in mind that only Fixed deposits, PPF and small saving schemes give guaranteed returns.
(Pic: Pixabay)
5/5
What are the disclosures that the scheme will make? For e.g. in mutual funds, the portfolios are disclosed regularly and hence one knows where the investments are being done.
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