USA - Many people would ask this kind of problem which is about how to take care of own money? You must know it very well. But do you know the worst for investing and what should we do to avoid it? Today, the website http://www.howmoneyarticles.com/ would tell you the stupid mind for investigation. This website is the famous article online site for how to deal with the personal finance, business or develop a budget. The strange thing is that those stupid minds which should be avoided have still existed in people’s mind. We think these people may be aware of their stupid in their heart.
The stupid mind about the investing which the www.howmoneyarticles.com wants to introduce you is about the pursuit for high yield. As we all know, the needs in the United States is he certificates of deposit which the yield can reach to 5 percent. However, there is only the lower and lower dropping of the interest rates. And the policy to keep the interests rates low of Federal Reserve. This kind of situation has forced people become more frenzied. Especially for those who need to earn money from the investment.
In this environment for investing, people have looking for higher yields with desperate emotion and has committed a really stupid mistake. This includes the seeking for higher yield at high risk or the investment for the complex products which they have no understanding of them. The Fed is to create a variety of conspiracy scheme and fraudulent means as the trick to people.SEC which full name is Securities and Exchange Commission has reminded these investors that the high-yield corporate promissory note which had been published by the liar has had the large spread in the markets.
Jason Zweig, who is from The Wall Street Journal, has pointed out the difficulties faced by the investors who buy the complex product reverse convertible bonds. The reverse convertible bond is one kind of legitimate financial products. But such complex product has the complicated structure and it has inherent the potential risks. Eric Lewis, chief investment officer of asset management companies which name is Bedrock Capital Management, has recommended that if you cannot explain the investment products to friends and know about the risk of this investment, then you'd better think twice.
From the opinion of how to investment .com, we could see that many people have also supported this point. At last, the website how to us travel reminds us that please do not take a risk to chase the high profit investment products especially you know a little about this kind of product.
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