mortgage collapse

anon1

Well-known member
Aug 19, 2001
11,082
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Tranquility Base, La Luna
This is not suppose to happen. And it's why so important to know about Securities and Financial Probition before investing into something that can/will collapse. Investing nowadays at a bank or with proper channel will not have a short fall like what happened to this company.

A Prospectus is a legal document handed to the investors stating everything about the investment. It also measures the risks and with a proper Prospectus, it was approved by the Securities commission, giving their approval on that matter. It's suppose to save you ass. When you are handed a prospectus, it's like a manual of multiple pages, in it will link the registration and approval from the Securities commissioner. It's a legal document so it must be traceable, otherwise go back and get the proper document before giving any money

You can learn about investment by taking an online course. I can't understand why anyone will not do dilligence on these matter...