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How to protect yourself when buying stock
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[QUOTE="Jasz, post: 256686, member: 61772"] When you buy stock, there are a few things you should do to protect yourself from fraud and theft. First, find out what the company is called. This will help you find their website and other information, including their address and phone number so you can contact them if necessary. Next, read through the company's financial reports and annual reports on a regular basis. If something doesn't look right, call your broker or ask them if they can check in with the company's accountant and make sure everything is on track before buying more stock. This will also give you an idea of how much money has been made and lost by the company over time to help you decide whether or not it's something worth investing in further. Finally, have your broker check out any suspicious sales or purchases by companies that seem unusually large or small compared to their size in terms of assets owned overall or income received per share sold during that time period. [/QUOTE]
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