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Questions and Answers
Which of the following is a common red flag for investment scams?
Which of the following is a common red flag for investment scams?
- Low investment fees
- Guaranteed high returns (correct)
- Regulated by government authorities
- Transparent investment strategy
What is one way to protect yourself from investment scams?
What is one way to protect yourself from investment scams?
- Research and verify the investment company (correct)
- Ignore reviews and testimonials
- Invest in newly established companies
- Invest a large sum of money
What is a potential consequence of falling for an investment scam?
What is a potential consequence of falling for an investment scam?
- Losing your entire investment (correct)
- Gaining financial independence
- Becoming a shareholder in a reputable company
- Receiving high returns
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