Avoid risks with elementary investment tips

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Making a sound financial investment is among a many critical decisions Americans can make when it comes to their futures. Before investing, a Tennessee Department of Commerce Insurance’s (TDCI) Securities Division wants Tennessee investors to always import their choices, know their risks, and equivocate fraud artists.

“While all investments lift a intensity risk, we titillate Tennessee investors to deposit from a position of strength and knowledge,” TDCI Assistant Commissioner for Securities Frank Borger-Gilligan said. “We’re here to assistance investors so they can make intelligent choices.”

Sound financial recommendation doesn’t have to be difficult or tough to remember. TDCI offers these tips as a good starting indicate for any investment strategy:

· Check a chartering of a product charity and a registration and coercion story of a chairman charity a investment. Check them out with Brokercheck.finra.org or use a Investment Adviser Public Disclosure website before we invest.

· Get created information about a product being charity for sale and make certain we know it. Remember: professional-looking brochures and websites can be constructed by a criminal artist. Do some digging.

· Ask questions. Is a product suitable for you? Is this an investment product that is long-term or short-term? Are there high fees for early withdrawal of your investment principle? Do we know a risk concerned in a investment opportunity?

· NEVER accept a written contract.

· NEVER pointer anything before reading it delicately and bargain it.

· Take your time; don’t concede anyone to rush your decision-making process.

· If we are suspicious, hit a Tennessee Securities Division immediately. Contact a a Securities Division during 1-800-863-9117or by email during [email protected].

TDCI is charged with safeguarding a interests of consumers while providing fair, fit slip and a turn margin of foe for a extended array of industries and professionals doing business in Tennessee. Our groups embody a Athletic Commission, Consumer Affairs, Tennessee Corrections Institute, Emergency Communications Board, Fire Prevention, Insurance, Tennessee Law Enforcement Training Academy, Peace Officers Standards and Training, Regulatory Boards, Securities, and TennCare Oversight.

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