By the wqy, on 12/31/13, the Wall Street Journal ran a front page story on
investors who put their money in plain vanilla investments (like blue chips) did
better than the complicated schemes and hedge funds. A roughly 30% return.
Craig Coleman, above, got it right. Great advice.
Greed, falling prey to investments in things folks don't understand and
should not be in in the first place.
I have a scheme for getting rich. First go to school and learn a skill that is
valuable to people. Next, work real hard applying that skill in such a way that
people pay you for it. Take some of the money you earn and put it into secure
investments and watch it grow while you continue to work hard and make a
contribution to the world. I have never seen this system fail.
This is just as much of a scam as all those "investors" who touted
overpriced gold as the best way to make money. You buy something that is
overvalued to begin with, then sell it when it is worth less!! I am sure Beck
and others sold their gold at the peak and profited off all the sheep driving
the demand up.The thing is with Gold and now currency, people lose
money and it is unlikely those behind the scam will be charged since something
of value was actually purchased.