Paul Greene and SEC Experts Offers Tips to Seniors to Avoid Investment Fraud

Paul Greene and SEC experts understand how susceptible the Senior population can often be to the scams, particular those centering on investment.

Online PR News – 05-August-2014 – Maryland – You’ve worked hard your entire life to secure your financial future, and are now able to enjoy the fruits of your labor during the retirement you’ve been planning for decades. Your money, and your financial stability, took years of work, sweat and toil to achieve, and the last thing you want to do now is lose your grip on financial achievement.

As Paul Greene and SEC experts understand, Seniors are particularly vulnerable to the possibility of scammers, particularly those offering amazing investment opportunities; leading the elderly down the primrose path to an ultimately desolate financial wasteland. Both Paul Greene and SEC experts know that nobody wants to get caught up in a crooked investment scheme, one that effectively drains their bank accounts and puts a major dent in retirement plans and financial stability.

It’s important, says Paul Greene and SEC experts, to be wary of anyone offering you an opportunity that seems too good to be true, because, ultimately, it probably isn’t. You’ve worked hard for the life you’re living, and the last thing you want to do is get caught in a devastating investment scam.

Below, Paul Greene and SEC experts offer Seniors several helpful ways they can protect themselves from investment fraud.

Be Inquisitive

If ever someone provides you what seems like an “amazing” investment opportunity, it’s vital to ask as many questions you can as to where your investment would go, what the risk would be, how significant of a financial commitment this is, etc. You can never ask too many questions when it comes to financial investment. Also be sure to keep notes of the person’s answers to your questions, and to check these answers against the facts.

Perform Research

Before you commit money into any company, says Paul Greene and SEC experts, do a thorough amount of comprehensive research into the company. You need to have a solid understanding of the company, its financial status, the products and services it offers, etc., before handing over a check. One great resource to research a company is the SEC’s EDGAR database, which offers potential investors a view of the company’s financial statements.

Vet the Salesperson

It also helps, says Paul Greene and SEC experts, to fully vet the salesperson pitching you the stock and/or investment opportunity, before signing or doing anything. Do your best to discover if the securities salesperson is fully licensed, if there are any pending issues or complaints about that person, as well as any current outstanding disciplinary problems with him/her. The online databases available at the SEC and FInRA allow you to safely and easily check out any past problems or disciplinary issues with the stock pitchman.

They May Sound Good, But…

Sure, the salesperson may sound professional, but it’s important to be aware that any good con artist will. After all, says Paul Greene and SEC experts, sounding professional is part of what scammers do to lure unsuspecting victims into their scheme. Be wary of everyone selling you the dream of a lifetime, and always be sure to follow the above tips to vet out anyone trying to sell you any investment opportunity.

About: Paul Greene and SEC Experts care about protecting Seniors’ investments.