| By
Gary Scott
Please note these scams circulating
now...so you can easily avoid them!
Scams Circulating Now #1: Stock
brokers are trying to sucker you in now, even after paying hundreds of millions
of dollars of fines! The attached international portfolio ideas presented by Swiss
advisor Andy Kaegi outlines the extreme caution we must exercise in equity markets
at this time. One of the biggest cons played repeats itself again and again.
There is extensive research showing
we are in a 15 year downward market cycle (you can see this in the link below).
Every large brokerage firm and newspaper is aware of this. There is little hope
of a sustained market recovery and all the brokers and media know this. Yet each
time the market has a slight rally, even for a few days, the newspapers (and brokers)
start screaming, "Has a new bull market begun?". Don't get sucked in.
Realize there good equity investments out there, but the market's mood is down
and can remain so for years to come.
Scams Circulating Now #2: The
Nigerian scam has taken a new tact and you are likely to receive an email message
inviting you to come to Africa. Avoid this scam like the plague!
Scams Circulating Now #3: The
FDIC changed its rules on how your deposits are insured. This is the worst scam
of all because you, and maybe even your banker does not understand. Talk to your
banker about how they have changed at the link below.
Scams Circulating Now Warning
Beware, Beware, Beware. Do not
under any circumstances go to Africa to meet these people that offer you these
huge deals. You could be at extreme risk.
Gary
My novel the 65th Octave looks
at scam protection issues. The hero is a scam catching expert who works for big
banks. The book outlines why scams work and why suckers always lose. I recommend
you read the book. It has some in depth economic information but is also a fast
paced, fun read.
Order the 65th Octave
at
GaryScott.com
Sometimes one picture is worth
a thousand words
To avoid scams balance
yourself in nature like this cabin at Gary and Merri Scott's Merrily
Farm where you are welcome to visit and stay at
Little Horse Creek. |
