Investments that Sound Good: Hide Your Wallet
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In a world where everyone is trying to make a buck, you will see a seemingly never ending barrage of “work from home” or “make money like me” scams that have one goal. That goal is to separate you from your money. Sometimes, you will come across such a well written explanation of why you should send that person your $49.99 for the “kit” only to find out that they are teaching you how to get $49.99 from people like yourselves.
You shouldn’t waste your money on investments that sound too good to be true. Once you spend that money, there is very little chance you may ever see it again. Not all of these packages are evil, mind you. But the majority of them are and don’t really want to help you succeed. If they did, it would be a free product.
1. Infomercials – Late-night television is loaded with those who are trying to entice you to buy their “system” in order for you to make your millions of dollars. The will show you check stubs, provide “testimonials” from those who’ve made money with the system, and have a great production crew in order to make the video look as attractive as possible. The fact is check stubs can be created with Photoshop and testimonials can easily be faked. What does that leave? The great production crew to make the video look attractive.
Don Lapre is one such individual that had a silver tongue for selling ideas and plans that simply didn’t work. This self-made millionaire continued milking money from the population until 2011 when he was brought up on charges for fraud after robbing more than $52 million from unsuspecting victims who sought a better life. You can view one of the legal documents by clicking here.
2. Same Scam, Different Media – There are thousands of scams scattered throughout the Internet that make claims of being able to show you how to make money. These pages will seem to be a mile long of how he or she made it big and how you could too. There is always a sob story in there somewhere and at the end is a place where you can buy their secrets for $49. If you take a second and re-examine the text on the page, you’ll notice that there isn’t a single mention of exactly how they made their money. Not even a clue will exist. Well, it’s obvious that they don’t want you to know because they want your $49.
3. Overnight Sensation –There are very few opportunities that have the ability to pay off overnight. At least, opportunities that are legitimate and won’t land you in jail. The best opportunities are those that take hard work, determination, and knowledge in order to accomplish your goal. I know it may sound like a pro-work campaign, but it’s true. The most successful people in the world will tell you that their success came from grueling hours and dedication.
For instance, many get sucked into the affiliate marketing venue. Although this could pay off in great amounts of money, it takes dedication to keep your site producing enough traffic to make it worthwhile. Salesman try to make it seem like you can slap on some banners to your website and be done. It takes a great deal of content and search engine optimization in order to be a success with affiliated income.
Saving your money for important aspects of life should take priority above any “sure thing” investments. If you have the extra money to literally light on fire, then the experience of investing into these “how I made money” scams may be an educational one. One very important detail to remember is that these people will say and do anything to convince you to spend your money with them. Don’t be attracted by the flickering light as it will zap you.
About the Author:
Ken Myers is an expert advisor on in-home care & related family safety issues to many websites and groups. He is a regular contributor to www.gonannies.com. You can get in touch with him at kmyers.ceo@gmail.com.
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Category: Investing
