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When it comes to making investments, the first rule of thumb is to clearly understand the investment and the risks involved, and when you engage with a financial adviser, ensure that they are qualified and experienced and not part of a financial scam which guarantees high returns. Be prudent when it comes to making any investment choices and decisions and do not hastily make investment decisions without proper planning.

Here are some best practices to help you minimise the risk of making a loss:
 
Related Information

Managing your money

Planning your investment

Lifecycle strategies

Determining the right investment
 
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Do not borrow to invest
Do not invest just to get quick and high returns (eg. get-rich-quick schemes)
Do not invest in high-risk investments unless you’re ready for it
Do not invest on the basis of a ‘hot’ tip or rumour

Seek information from proper channels such as published reports of the company, the media, courses and seminars.
 
 
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For more information on investing your money, download our booklet or visit our FAQs to have your queries answered.
 
 
 
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