The best shield against investment scams is knowing the red flags. First, don’t ever believe an opportunity that promises lucrative returns in a short period of time with no risk. Yes!… Investing doesn’t work that way. To ensure your money is going to the right place, you must get off your comfort zone and research opportunities that come your way.
Know this and know peace…
Besides Ponzi schemes and pyramid schemes, keeping your eyes unwrapped for other investing-related ploys is very important. If not for anything else, note that joining these “get-rich-quick” schemes will likely result in a lot of wasted time and money.
