How to Keep Your Investment Out of the NSEL Default List
The National Spot Exchange (NSEL) default list is a reminder of why we need to be vigilant in protecting our investments. In 2013, NSEL defaulted on ₹5,600 crores worth of payments and thousands of investors were left with no money or assets. We all want to avoid being added to this list and there are some steps you can take to protect your investments and keep them out of the NSEL default list . Knowledge is Power The best way to stay informed about how your investments are doing is by keeping up with the news and staying on top of industry trends. Make sure that you read reports from credible sources and always do your own research before investing in any company or product. Knowing all the facts will help you make smart decisions, which can save you from potential losses in the future. Be Wary of Promises It’s easy to get caught up in promises like “guaranteed returns” or “low-risk investment." These types of statements should raise alarm bells for investors; if som...