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Archive for the ‘Investing Scams’ Category

Make money online joke

March 6th, 2010 wiseinvestor 1 comment

Here is a sarcasm look at current make money online direct response websites selling ebooks on make money online surfacing here, there and everywhere.

The make money online joke begin from this point,

Imagine waking up richer than Bill Gates!

If you’ve ever dreamed of making easy money, you’re going to love this… Making a fortune online is so easy a monkey could do it, if he wanted to. Few monkeys have the time to surf online though, they’re usually too busy swinging from trees and eating bananas.

Are you skeptical considering I said easy money and mentioned a monkey?…

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Scams here, there and everywhere

August 2nd, 2009 wiseinvestor 5 comments

The current financial crisis has caused fellow humans to scam fellow humans, though the causation of current financial crisis is due to fellow humans scamming fellow humans in the first place. Let us look at what are the types of scams that is being invented, some of them has already existed before subprime mortgages are being invented.

There is no doubt that every single one of them listed here still works by virtue of human greed. You may be surprised by the amount being scammed already.

1. Lottery scams

This is very common; I always receive it in my email…

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Pay thousands for get rich quicker seminars

May 20th, 2009 wiseinvestor 13 comments

uncle-scamEvery now and then, one can see advertisements in local newspapers on get rich quick, or least quicker than what a normal job pays you, seminars on a variety of “career options”, from options trading, forex, stocks, make money online to even motivational seminars.

Recently still got a Rich Mum business school by a famous author.

Are those seminars really worth the buck?

Preview seminars are usually free but of course don’t expect the few days course to follow to be free also. Placing ads in newspapers cost money, renting places at 5 stars hotel also cost money.

Let me…

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Danger of Rich Dad Poor Dad

March 29th, 2009 wiseinvestor 5 comments

This is not to say that I disagree with what the author of Rich Dad Poor Dad says. In fact, I totally agree with all points mentioned by Robert Kiyosaki in his best selling book on personal finance.

He does a very good job of introducing us to some important basic ideas in personal finance – 1. the idea that rich people don’t work for money, 2. the fact that having $5000 monthly income from assets is far better and stable than $5000 from a job as an employee. 3. Buy assets but not liabilities. Honestly speaking, without his bestseller…

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