News about complaints from people who got victimized by money schemes is usual nowadays. Big factor that often lead to this kind of story is due to the investor’s lack of financial knowledge and the big temptation on earning easy money. Easy money is a sure thing in scams only if you are the schemer.
In most things in the world today, knowledge about what you’re doing is the best weapon you can have. And greed is the worst character you would want to carry while dealing with anything about money. It blurs your vision and logical thought to decide well on your finances. In any type of investment, it’s more about what your needs and investment goals are and less of what the other person is trying to sell you more. But you should also be open for other opportunities while being aware of your current financial capabilities.
Here’s a post from my other blog that might help you avoid from losing money from scams.