Risks When Buying Gold Coins from Financial Advisors
You have never gone to a financial planner or financial advisor before, so how do you know whom to trust with your money? You start asking around and begin to get several recommendations from family, friends and coworkers. Although you may not know what to look for in a financial planner, you choose one based on the fact that your friend or coworker goes to him.
Upon meeting with the financial advisor, he starts talking to you about purchasing numismatic rare gold coins and gold bullion to add to your investment portfolio. Although you don’t know anything about investing in gold coins, you assume that your financial advisor has your best interests in mind.
Most financial advisors work on commission and make more money the more products and services they sell you. It’s important to research and ask questions about everything they say to you. They are in the business to make money and promote products they get the biggest commission on.
Although there are many financial advisors who offer great advice, some are looking to fatten their own pocketbooks at your expense. Additionally, no one will look after your investments and finances better than you. It is critical that you do your homework and research to determine what is best for you in order to avoid gold fraud scams.
If you want to keep yourself from becoming victim of a gold coin scam, you need to get informed about spot gold prices, do some comparative shopping, and do your own due diligence.
If you have been a victim of gold coin fraud, contact the Voss Law Firm and speak with a trusted Texas gold coin fraud attorney at 888-614-7730. We will provide you with a free legal consultation and a free copy of coin fraud attorney Bill Voss’s book Coin Fraud – Is Your Investment at Risk?
The Voss Law Firm, P.C. represents clients on a local, national and international basis. We proudly serve companies and individuals along the Gulf Coast and around the globe on a contingency fee basis. Our law firm collects nothing unless we recover on our client's behalf.