Don’t play with fire when investing

Avoid speculative, risky investments, especially those whose terms and properties you can’t understand no matter how many times a broker or friend explains them. Your comfort level is important, so remember that some of the best investment options can seem boring and mundane. Risky investments include those based on premises that seem farfetched, such as an underwater casino, or those that promise unbelievable returns. They may also have terms that are unfavorable, such as an investment that gives a company or other investors the right to buy you out at the price you paid if the investment turns profitable.
If an investment seems too good to be true, it is.