As the joblessness is prevailing into many countries around the world, people with a lot of time and nothing to do are coming with new con artist ideas. As ordinary people who want to invest their money into something that they really want, they always go for what ever first option is available to them. These innocent people are carrying money and looking to put it wherever they see their first opportunity, without much heed to what the investment opportunity is all about. Due to this intent to invest into something for gaining quick bucks, these people just set aside a lot of money and always looking for opportunities. Well this is just one side of the story; the flip side is that people (we talked earlier about) are searching for these easy preys to seduce them into lucrative non existent deals. Here are few quick checks for those of you who want to invest their money online into stocks. These will help you as guiding principles for making a well informed decision.

Always look into the deal very closely and never take it for granted. This is the first golden rule. Scammers usually think that if novice investors are offered excellent opportunity to invest, they won’t bother to ask any more questions. Don’t rely just on the newsletter or the promotional material you got in your inbox.

There are some legit sellers but they are selling the stock of a company with poor financial health. Check out all the financial details of that company that you can download from its website. Each listed company is bound by law to make its financial statements accessible to public. Go through the financial statements and match the actual results from the reported ones. Specially look at the cash flow statement and also the earnings per share. It is better to check out what earnings the company paid to its shareholders through dividends. These will give you a fair idea of the company’s ability to prosper in the future. This will also help you ascertain that the company is really public or not. At times people start marketing companies that are either not public or have no intention to go public. These kinds of scammers usually are the most successful because people don’t get into the details of the IPO’s that they say the company is about to get into.