Are the firm and the person you are dealing with registered or licensed with the Financial and Consumer Services Commission of New Brunswick?

Most individuals and firms working in securities, mortgages, insurance, real estate, debt collection and lending, funeral services, and door-to-door sales must be registered or licensed. In some cases there may be an exemption, but it’s important to check first.

Can you verify the offer with a credible source?

If you receive an unsolicited offer for a product, service, or investment opportunity, getting a second opinion can help you spot warning signs. A trusted professional can help you check what you’re being told.

Is the risk you are taking reasonable for the expected return?

There is no such thing as a “risk-free” investment. Make sure you understand how much risk is involved and whether you can afford to take that risk.

Is the opportunity based on facts?

Be cautious if an offer is based on “hot tips” or “insider information.” These are common tactics used in investment fraud.

Do you understand how the investment, product, or service works?

Never sign a contract or invest in something you don’t fully understand. Once you sign, you may have legal obligations.

Have you had enough time to make a decision?

Take your time with financial decisions. Read documents carefully before you sign, and if you’re feeling pressured to act quickly, walk away.