To avoid scams when investing your capital, you should
Do your research
Look for reviews, complaints and feedback from other investors about the company.
Check regulatory bodies
See if the company is registered with regulatory bodies such as SEC, FINRA, or the state securities regulator.
Verify credentials
Check the background of key personnel and the company’s history.
Red Flags
Look out for promises of guaranteed high returns, pressure to invest quickly, or requests for personal information.
Consult a financial advisor
Consider seeking professional advice before making any investment decisions.
Remember, if it sounds too good to be true, it probably is. Be cautious and always exercise due diligence when investing your money.