Who can you trust when investing?

Fear and uncertainty caused by the coronavirus epidemic have spread around the world. On top of these problems, the issue of police brutality of black men has once again been brought to the attention of the world. News of the tragic murder of George Floyd by a Minneapolis police officer and the police killing of other black people have spread. Demonstrations, peaceful demonstrations and sometimes riots and violence have attracted interest in the United States and other parts of the world.

The world is in turmoil, and investment is not in people’s minds. However, many people have been financially affected by the epidemic, so money is an issue. They are probably looking for ways to make some money.

There are still many gurus who sign up for your stock investment newsletter and you want to trust them. They promise big expectations and make big demands. Their testimonials seem almost too good to be true. Probably they.

The so-called investment gurus are running their programs and even the unprecedented times caused by the coronavirus have affected everyone. They say there are attractive opportunities to invest in oil, banking, crypto, medical companies and more at this critical time. They have some more unusual names like Jon, Tom, Ken, Alex, Mark and Jeff, Jordan, Derek and Kyle in common Who can you trust? It’s hard to know.

Sometimes they promise a 100% return on your investment or they may be brave enough to promise $ 2,000 a year. They say you will probably get your return on investment with your first trade. If they promise big returns but don’t produce as claimed, it’s best to make sure they have a money back guarantee.

If that promise comes true, it will be a great opportunity and a blessing. However, often these are false promises that do not work. If you find a pay-as-you-go program, you may consider yourself lucky.

While losing is considered a win-win situation, it is a blessing in disguise. We can be happy without losing our shirts even though the gurus told us that we would win 100% or more with their recommendation. When going with the advice suggested by the guru, it is important to minimize your losses before you lose your shirt for talking. Winning is definitely the goal.

False claims and dead edges can bring a lot of stress. Small losses can be overcome without major losses. It is tempting to hear investment gurus follow their steps to get winning trades. But you can’t trust many or most of them. Research and learning is good so you can trust yourself to make the best decisions.