A new investor asked if you could go bankrupt investing in stocks.
I used to be very much involved in bankruptcies when I was running collection agencies and credit reporting agencies. It is a good question.
While you may lose all your savings if you are not a careful investor, you would not go bankrupt. The company you have put your money into may go bankrupt, but you should not. There are warning signs to warn you when a company is getting in to trouble. They do not go bankrupt overnight. You have more than enough time to take your money out.
For more information on safe investing go to my website "www.SaferBetterDividendInvesting.com"
. If you have question you would like me to address please send me an email at imacd@informus.ca
Ian Duncan MacDonald
Ian Duncan MacDonald
Author and Commercial Risk Consultant,
President of Informus Inc
2 Vista Humber Drive
Toronto, Ontario
Canada, M9P 3R7
Toronto Telephone - 416-245-4994
New York Telephone - 929-800-2397
imacd@informus.ca
