These 2 rules are from one of the greatest investors of all time, Warren Buffett. If you don't know about him, it's good to google his name and his investment company Birkshire Hathaway to learn some of his investment philosophies.
Nobody likes to lose money, but people tend to forget this rule when they're looking for ways to make quick money. There're many types of scams out there trying to cheat people their hard earned money. And once you lose money in a scam, it's almost impossible to get your money back. It will be gone forever to the scammers who will be enjoying life with your money. And it will take a long time to save or make back the money that you've lost.
That's why I'm writing about scams in the first article of my investment blog. I hope nobody will lose money to scams. Remember, if it sounds too good to be true, it probably is. If the high returns promised are so good, why not the banks or fund houses or even the government take part in it?
Don't let greed overcome common sense. Go to http://bewareinvestmentscams.sg to learn more about scams and how to avoid them. Also, if you encounter website which claim to be HYIP (High Yield Investment Program), avoid them at all cost. These scams have been around for many years on the internet. Basically, they're pyramid scheme, using the money from new investors to pay the early investors. Eventually, the money will run out and the program will die.
I wish a safe investment journey for everyone. And most importantly, good health and happiness.
Nobody likes to lose money, but people tend to forget this rule when they're looking for ways to make quick money. There're many types of scams out there trying to cheat people their hard earned money. And once you lose money in a scam, it's almost impossible to get your money back. It will be gone forever to the scammers who will be enjoying life with your money. And it will take a long time to save or make back the money that you've lost.
That's why I'm writing about scams in the first article of my investment blog. I hope nobody will lose money to scams. Remember, if it sounds too good to be true, it probably is. If the high returns promised are so good, why not the banks or fund houses or even the government take part in it?
Don't let greed overcome common sense. Go to http://bewareinvestmentscams.sg to learn more about scams and how to avoid them. Also, if you encounter website which claim to be HYIP (High Yield Investment Program), avoid them at all cost. These scams have been around for many years on the internet. Basically, they're pyramid scheme, using the money from new investors to pay the early investors. Eventually, the money will run out and the program will die.
I wish a safe investment journey for everyone. And most importantly, good health and happiness.
