Why it’s hard to blame others for ‘bad’ investment tips

Just because others say their investments are profitable does not mean that you will also make money. PHOTO: ISTOCKPHOTO
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It pays to do your own checks when it comes to investments, and not rely on what your relatives, friends or other investors tell you because you can only have yourself to blame if things go wrong.

If you dump your money into shares of an XYZ company because a friend says he has made a tonne of money from it, you can’t sue him if you end up losing your shirt.

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