FYI: Market downturns don’t necessarily get average investors to run for cover, but they do convince a lot of people that it’s time for a free lunch or dinner.
That meal generally comes as part of an “investment seminar,” and while the food often can be good, the products pitched in these sessions can leave you with heartburn or worse. There’s a reason why the U.S. Securities & Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA) and the North American Securities Administrators Association (NASAA) all have warned consumers — repeatedly — about the potential dangers hidden in “free lunch sales seminars.”
Regards,
Ted
https://www.seattletimes.com/business/beware-investment-side-dishes-served-with-a-free-lunch/