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Financial Basics, Tutorial #10 Avoid Pump and Dump stocks

This video tutorial is available for watching at YouTube or here for free. My YouTube name is Featureman.

There are some sales pitches which be sent to you by mail or e-mail from time to time which will urge you to buy "sure things." If a brochure has exclamation points on the cover page and throughout the pamphlet, don't buy the stock. Do not buy anything that is pressure sold with advice saying you must get in now. Do not become a victim of a well printed, glossy scam.

I receive a lot of well produced and printed scam pamphlets, especially for "little known gold mining companies" a few times each month. I have never yet seen one that was legitimate.


Dream big, but invest with caution

Watch the market for trends. It is best to buy during downturns and sell when the stock becomes a pretty swan in the eyes of investors..