FINANCIAL well-being is the most sought-after thing in today’s world. Having enough money doesn’t make you happy or offer you peace and comfort. It is important to learn how to invest it safely for a bright future. Sometimes, hasty decisions may land you in trouble. This article highlights a few serious mistakes people commit while investing.

(1) Avoid Investing in Ponzi Schemes (or Schemes that Promise Quick Returns):

Never believe the promise of hefty returns in a short span of time. Nobody can ensure doubling of your money/ investments in legitimate ways in a short period. In today’s world, a scheme or investment vehicle with a moderate level of risk can offer an average 15-20% annual return (or maximum 25%) in a legalized way. Offering a growth beyond this level is highly risky, unst

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