No, it's hard to trust people even if they're close to us. They might have bad mouths.
Do you trust your friends with investment?
- Thread starter Bisolami
- Start date
- Thread starter
- #22
Investment is all about money and someone like me is just trying to make more money so it is important to make research about any investment I’m introduced to even though I trust the person so much
Even though they are our friends, they can still make mistakes and it feels bad when you lose a big amount even if it is because of your friend so you need to apply your mind too and should not depend entirely on your friend
I think it really depends on the friend and their experience with investing. I like to weigh their advice against my own research.
If I get such information from my friend, I will do my own research before making any investment. That is the basic thing one should do.
For advice, it won't hurt to trust them. However, I make sure to conduct thorough research before trying it. In regards to money, I won't trust anyone.
