Trying to Make a Quick Buck Can be Risky
Chief Operating Officer (COO) at Capricorn Asset Management (CAM) Ian Erlank warns investors on the dangers of trading for yourself on Stock Exchanges and Currency Markets. “Generally I do not think it is a good idea mostly because many people do not have the necessary skills or even the time to monitor their investments,” said Erlank.
Erlank stressed that it is always better to choose an investment manager that’s reputable and that won’t make your money disappear overnight either through incompetence through poor corporate governance.
Erlank warns against trading for yourself,
– He talks about the risks involved,
– What procedures to follow when selecting an organisation to invest in,
– Who to approach,
– And the risks accompanied with making a quick buck.