Monday, April 23, 2007

Avoid Get Rich Quick Schemes!

Recently there seem to be many more and more bogus "get-rich quick" schemes circulating around the globe, all come with the promises to deliver "instant" huge profits by parting some form of money, notably US dollar. Investors are often promised attractive daily or monthly investment returns. The people or organization you deal with seems very "professionally" run with a nice "office" and people are smartly dressed. Beware!! These are most likely investment scams! With a start-up capital as low as USD100, many people have fallen victim to such scams time and time again! Initially an investor may get a small profit, then as greed kicks in, the investor will likely invest even more money thereafter. Such bogus investment schemes will eventually disappear, causing investors to lose their hard-earned capital.

It's time to have a wake-up call and get real... Such things simply don't exist! Not unless you get a windfall from a heavy betting! Then again, how much money does a person has to pump in before get "lucky"? The cruel reality is many people simply do not have such "luck" at the first place! So instead of throwing a dice and hope for the best, learn the fundamentals of investing, be patient and stick to it. It is a successful formula which has lasted for ages and never ends!

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