Wednesday, October 27, 2010

PONZI SCHEMES: INFAMOUS PERPETRATORS - Part 8

AVOID IT

No one is completely immune to Ponzi pitfalls, but there are several suggestions you can follow in order to avoid them. If something sounds too good to be true then it probably is. Listen to your instincts and decline to invest in anything that offers an unusually high return. Maintain a healthy level of skepticism by doing your homework before entrusting anyone with your money. Finally, diversifying your investments will help keep you protected from Ponzi traps.

1 comment:

  1. Amen to that! Desperation to make more money can make us all temporarily insane. In the end, however, listening to your instincts is usually best.

    www.broniec.com

    ReplyDelete