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Is it ok to invest with a broker who cold calls me with a great investment idea?

Telemarketing Brokers

Occasionally you may receive a phone call or advertisement in the mail from a broker who claims to have found the next big stock and who wants to offer you a piece of the action. Be very skeptical of any broker who cold calls you to try to get you to invest. No matter how urgent the broker insists the investment is, research it thoroughly before you decide to commit your money to it. Never give your bank information over the phone to a broker.

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