I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!


Click to email CW8888 or Email ID : jacobng1@gmail.com



Welcome to Ministry of Wealth!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

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Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
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Technical Analysis and Charting
Stock Tips

Sunday 20 November 2011

How to spot ponzi or scam investment scheme?

Just for Thinking ....

Guaranteed Return of e.g above 5% on your investment in 3 or 6 month time

The key word is Guaranteed Return.

There is no such investment in the market that can guarantee Return over 3 or 6 month and not even one year. It is certain. It is a ponzi or scam investment scheme. They either take part of your investment and return it back to you as 5% return on your investment or take part of other newer investors investment and give it to you.

How the scheme works?

You invest $10K. After 3 month, the scheme takes your $500 and return it back to you as 5% gain. When you received your own $500, you jump through the roof. You go round telling your friends and relatives how good is your investment. 5% return in 3 month. OMG! Soon your friends and relatives will get sucked into it.

If you seriously think that you have found such investment scheme that offers guaranteed good return on investment. Don't be selfish. Let me know. I want to join in too!


1 comment:

  1. If there exists such a scheme, we would like to be in too! Imagine we slaved and saved up a small fortune, then we just invest in such a scheme and live like kings for the rest of our lives.

    ReplyDelete

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