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Old 06-06-2009, 04:21 PM
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Default Investing is always a gamble no matter what you are told

Quote:
Originally Posted by pepper30 View Post
wait I just got confused... would that mean that every program will eventually turn out to be a scam afterwards? and don't join to anything??
Funny,

Technically speaking, every investment is a gamble, if not a scam, so you have to learn the difference before you invest your money anywhere. When a program is introduced with no track record, no verification, no transparency, no office address, no phone number, no customer service, just an investment website full of hype of 20% per month, or whatever, you are surely looking at a scam.

We have all been duped and scammed at one time or another with the above hype, but it does not mean you cannot look at it for what it is, a gamble, and if you know when to hold them, know when to fold them, then by all means, take a shot. I did not want to imply that you cannot make money on a gamble, but I wanted to drive home the point that 100% fail in time, just knowing what that time is makes it difficult and why 98% lose their money on hyips.

Success to all, Mike
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