How do I protect my interests?

For any investment you make, keep in mind the following tips:
  • Understand the investment and the risks involved

  • Select financial advisers carefully if you are engaging one. Ensure that they are qualified and experienced. Ask questions and make sure you understand the issues and procedures involved. Seek second opinion should you have any doubts

  • Don't be pressured into making a decision. Watch out for aggressive sales tactics that urge you to decide and act hastily

  • Keep records of all transactions you enter into

  • Be wary of schemes which guarantee a quick profit with minimal or no risk

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Reprinted with permission from BankingInfo (A Consumer Education Programme by Bank Negara Malaysia)

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Knowledge Base ID :   1417
Last Reviewed :   May 22, 2014
Source :   BankingInfo
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