Saturday, January 14, 2023

How Can Investors Protect Themselves from Another Catastrophe, post-FTX collapse?

The team at Abundance Asset Management is excited to share a new article with you that provides an in-depth look at the factors that led to the failure of FTX and how you can still invest with confidence by following financial regulations and best practices

You can find the full article here: https://abundanceassetmanagement.com/investing-with-confidence-how-to-avoid-another-ftx-fiasco/

In this article we answer the following questions:

  • How Can Investors Protect Themselves from Another Catastrophe, post-FTX collapse?
  • What are the lessons investors should be taking from the FTX failure? 
  • What are fund managers doing to ensure their partners' investments are secure?
  • How can you continue to invest with confidence in the wake of the FTX failure?

We summarize the factors leading to the failure of FTX - FTX was an unregulated exchange with way too much debt, poor accounting practices, and misappropriations of investor funds for political donations, among other frivolous endeavors.


Other points made were that you can still invest with confidence by investing with companies that comply with financial regulations and follow widely accepted best practices In management, financial accounting, conducting your own due diligence, asking good questions, together with a trusted financial advisor, to understanding the risks, diversifying, and continually Improving your investor education and monitoring your investments.


At Abundance Asset Management, we strive to provide our clients with the best possible investment opportunities. This article is an example of our commitment to helping our partners make sound financial decisions and stay informed of the latest industry news. 

We understand that the market can be volatile and uncertain, but with the Abundance Strategy, our partners can still benefit from the potential returns while managing risk. Our Abundance Strategy is designed to do just that! We only sell options on the Invesco QQQ and use an Options Writing strategy to buy and sell stock. We also work with a registered investment advisor and a tax firm to keep our investors informed and their investments safe. 

(Our CEO, Chris Perkins is interested to meet you and to know what your goals are for 2023. Please don’t hesitate to book a call with him! You have nothing to lose and everything to gain. https://abundanceassetmanagement.com/calendar 

This material does not constitute an offer or a solicitation to purchase securities. An offer can only be made by the Private Placement Memorandum (PPM). This document is an informational summary of the prospective investment opportunity only. The PPM and its exhibits contain complete information about the Fund and the investment opportunity. This presentation has been prepared to summarize such information for prospective investors in the Fund. The information contained herein is not a substitute for an investor’s complete review of all of the information attached to the PPM as part of their own due diligence regarding this investment opportunity and its suitability for their investment portfolio.

"NASDAQ", “Invesco” and "QQQ" are registered trademarks of their respective companies. This website is not affiliated with either company and the use of these trademarks does not imply endorsement by either company.


No comments: