Low Risk High Returns?

Lorna Tan advised ways to be wary of "easy money" promises in today's ST.

A summary as follows:

1. Beware of promises of quick gains and scams.
Easy come, easy go. If it is too good to be true, it probably isn't true.

2. Deal with regulated providers by checking with MAS alert list.
Consumers dealing with unregulated entities will not enjoy MAS protection.

3. Questions to ask:
- Is the provider regulated? (Governed)
- Where do the returns come from? (Fundamentals)
- When will the returns be paid? (Timing)
- How long is the investment? (Duration)
- How can the performance be monitored? (Transparency)