Episode 98: A checklist to avoid bad investments

Nothing feels worse than making a costly mistake, especially when it comes to investing where so much is at stake. A poor choice of investment can be devastating for your long-term wealth. Not only does it put your already invested money at risk, but the negative experience may put you off investing altogether. But not investing is not the solution, as this may prevent you from achieving essential financial goals like building a corpus for your retirement or for your kid's higher education. Then what is the way out? How do you avoid getting trapped with the wrong investment? And what are the warning signs?