How do you exercise caution? By reading up relevant material from genuine sources and keeping certain thumb rules in mind. Along with that, having a list of red flags you should sidestep can always help you avoid financial traps
- COVER STORY
We have a list of 26 traps that you should avoid in your journey to creating wealth
Trap 3. ‘You Must Hurry Up To Get Full Benefits From The Scheme Or Offer’
Trap 4. ‘Look At Mr. X, You Should Also Do The Same’
Trap 5. ‘A Stock Will Gain Soon Based On Insider Info’
Trap 6. ‘The Stock Market Is On A High, So Returns Are Assured’
Trap 7. ‘Recent Performance Of This MF Has Been Great, So You Should Invest’
Trap 8. ‘Some Equity Schemes Are Stable, Will Help You Fulfil Short-Term Goals’
We have a list of 26 traps that you should avoid in your journey to creating wealth
Trap 1. ‘This Scheme Can Double Your Money’
Trap 2. ‘This Scheme Will Make You Rich Quickly’
Trap 3. ‘You Must Hurry Up To Get Full Benefits From The Scheme Or Offer’
Trap 4. ‘Look At Mr. X, You Should Also Do The Same’
Trap 5. ‘A Stock Will Gain Soon Based On Insider Info’
Trap 6. ‘The Stock Market Is On A High, So Returns Are Assured’
Trap 7. ‘Recent Performance Of This MF Has Been Great, So You Should Invest’
Trap 8. ‘Some Equity Schemes Are Stable, Will Help You Fulfil Short-Term Goals’
OTHER STORIES
Trap 9. ‘Cryptos Are Like Gold Or RBI’s Digital Currency’
Trap 10. ‘These Bonds Are Like FDs But Offer A Higher Rate’
Trap 11. ‘Share ID, OTP, Password, Other Facts’
Trap 12. ‘I Am Calling From A Government Agency, And You Need To Pay Up’
Trap 13. ‘Deposit Money In My Account And I’ll Take Care Of Your Problem’
Trap 14. ‘SIPs Can Give You Assured Returns Along With Insurance Cover’
Trap 15. ‘Buy Life Insurance Policy To Save Tax’
Trap 16. ‘Ladder Life Plans For Regular Retirement Income’
Trap 17. ‘Take A Bundled Plan For Multiple Benefits’
Trap 18. ‘You Must Take Riders With Term Insurance’
Trap 19. ‘Taking Health Insurance Will Ensure No Out-Of-Pocket Expenses’ Expenses
Trap 20. ‘There’s No Harm Hiding Details When Buying A Health Plan’
Trap 21. ‘You’ll Have To Open An FD To Take A Loan Or Credit Card’
Trap 22. ‘Deposit Token Money To Book Property Quickly To Bag The Deal’
Trap 23. ‘Sign Up For The Property Now, I Will Show The Papers Later’
Trap 24. ‘This Property Is Cheaper Than The Market Rate, So You Should Buy’
Trap 25. ‘So What If You Are Retired, You Can Also Invest In Equity Assets’
Trap 26. ‘Buy Whole-Life Policy To Create Inheritance For Your Loved Ones’
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