Get Rich Quick Silly Online Investment
Get Rich Quick Silly Online Investment
by Zamri Nanyan
To tell you the truth, I'm outrageously mad with
what I've seen on the local tv news these past few days.
Being involved in the intenet and network marketing
industry for quite some time now, this phenomenon more
or less affects my business as people will be more
skeptical to the 'real' online business.
I knew that this would be a hot debate but I did not
expect it to come so soon.
A month ago, a friend sent me an email.
It goes something like this:
Join my side business. Checkout this website
______.
Wow! An investment with a 20% return in a month and
a 300% return in less than a year.
It definitely is a 'good to be true' program and definitely
not worth to check out any further. Immediately, I
know it is a bomb to be exploded and a real-life scam
in action.
Politely, I respond saying that he has to be careful
in this type of investment and seek advice from people
who are more experienced in internet business (this
is a 'so-called' internet investment scheme).
He sends a reply saying that he has done his homework
and is sure that this business is legitimate.
A quick search on the Internet leads me to a lot of
confusions and contradicting 'facts' about the company
and their operation.
I conclude that it is a scam.
A week later, my friend sends me another email, but
this time, there is a screen capture of his 20% return
on the money he has invested. There's also a screen
capture of other members getting high returns from
their backoffice website.
I say that this is a serious issue and since my advice
is not being heard, I hope my friend won't be so blind
to see what's coming ahead.
Sure enough... a few days ago, there has been the
talk of the nation (not the talk of the town anymore)
that there was 2 individuals who were now under
investigation of internet scam and fraud.
These two individuals are related to this investment
company and four others that they have operated before.
The sad part is that they've 'robbed' more than
USD$200 million (I repeat USD$200 million) doing these
illegal operations, and a few of their accomplices are
being investigated as well.
I've not heard anything from my friend yet, but let's
put that aside and be rational about what we should be
doing if you really want to build a business or get into
any investment schemes.
1. Ask yourself if this business or online investment
makes sense. The second richest man in the world probably
makes 20% out of his stocks, mutual funds and other
investments. If you are talking about a 20% return in
a month, you will easily replace the richest man in
the world in no time. In 5 years, you can even buy a
country with this return on investment. Does this make
sense?
2. In a business or investment, you make money from
selling products or exchange goods. In other words,
there is products or services involved. Where does the
money come from is important. If the money comes from
a certain percentage of the investments made by other
participants, that's a clear sign of 'stay away or you'll
get burned'. What happens if there is no more participants?
The whole scheme will collapse and, this is a classic
example of Ponzi scheme or pyramid.
3. A company that manage mutual funds or other types
of investments should have a license to operate their
business. If you are not sure about this, you need
to question them until you are satisfied with the
answers. If there is doubts, seek advice from people
who know. Yes, it can blind-fold you and drift you
away from seeing the actual facts when all you see
from the compay is so good that you think you'd miss
the whole world if you missed the opportunity to join.
Don't be distracted and get all the facts you need. It
is your hard-earned money that you're throwing away if
you ignore the truths.
There are many more questions that you might want to
ask yourself when you are presented with an investment
opportunity. If it involves an online investment, you
have to be more extra cautious.
A college student can build a website that looks like
a professionally run corporate website. A conman can
buy a cheap $50 software and create a pyramid scheme.
Another person can write a compelling enough sales
letter and a fake profile of the company. That's enough
to make a perfect scam of the year.
I don't mean to scare you with all what's written here.
I just want you to be aware of the con artists out there
in the cyberworld.
There's always lots of money to be made online through other
proper channels and a "Get Rich Quick Silly Online Investment"
is not one of them.
Stay miles and miles away from them and be wiser in
investing your own money.
About the Author:
Zamri Nanyan invites you to explore another form of
online business called multi-level-affiliate-marketing.
Visit http://www.zamrinanyan.com/kiosk for more details.
To learn more about Zamri Nanyan's work, visit
http://www.ZamriNanyan.com
_________________
* note: you are allowed to reprint this article, put
it on your blog or website and distribute it to your
list as long as you keep the author bio intact and
you don't modify the content of the article.
by Zamri Nanyan
To tell you the truth, I'm outrageously mad with
what I've seen on the local tv news these past few days.
Being involved in the intenet and network marketing
industry for quite some time now, this phenomenon more
or less affects my business as people will be more
skeptical to the 'real' online business.
I knew that this would be a hot debate but I did not
expect it to come so soon.
A month ago, a friend sent me an email.
It goes something like this:
Join my side business. Checkout this website
______.
Wow! An investment with a 20% return in a month and
a 300% return in less than a year.
It definitely is a 'good to be true' program and definitely
not worth to check out any further. Immediately, I
know it is a bomb to be exploded and a real-life scam
in action.
Politely, I respond saying that he has to be careful
in this type of investment and seek advice from people
who are more experienced in internet business (this
is a 'so-called' internet investment scheme).
He sends a reply saying that he has done his homework
and is sure that this business is legitimate.
A quick search on the Internet leads me to a lot of
confusions and contradicting 'facts' about the company
and their operation.
I conclude that it is a scam.
A week later, my friend sends me another email, but
this time, there is a screen capture of his 20% return
on the money he has invested. There's also a screen
capture of other members getting high returns from
their backoffice website.
I say that this is a serious issue and since my advice
is not being heard, I hope my friend won't be so blind
to see what's coming ahead.
Sure enough... a few days ago, there has been the
talk of the nation (not the talk of the town anymore)
that there was 2 individuals who were now under
investigation of internet scam and fraud.
These two individuals are related to this investment
company and four others that they have operated before.
The sad part is that they've 'robbed' more than
USD$200 million (I repeat USD$200 million) doing these
illegal operations, and a few of their accomplices are
being investigated as well.
I've not heard anything from my friend yet, but let's
put that aside and be rational about what we should be
doing if you really want to build a business or get into
any investment schemes.
1. Ask yourself if this business or online investment
makes sense. The second richest man in the world probably
makes 20% out of his stocks, mutual funds and other
investments. If you are talking about a 20% return in
a month, you will easily replace the richest man in
the world in no time. In 5 years, you can even buy a
country with this return on investment. Does this make
sense?
2. In a business or investment, you make money from
selling products or exchange goods. In other words,
there is products or services involved. Where does the
money come from is important. If the money comes from
a certain percentage of the investments made by other
participants, that's a clear sign of 'stay away or you'll
get burned'. What happens if there is no more participants?
The whole scheme will collapse and, this is a classic
example of Ponzi scheme or pyramid.
3. A company that manage mutual funds or other types
of investments should have a license to operate their
business. If you are not sure about this, you need
to question them until you are satisfied with the
answers. If there is doubts, seek advice from people
who know. Yes, it can blind-fold you and drift you
away from seeing the actual facts when all you see
from the compay is so good that you think you'd miss
the whole world if you missed the opportunity to join.
Don't be distracted and get all the facts you need. It
is your hard-earned money that you're throwing away if
you ignore the truths.
There are many more questions that you might want to
ask yourself when you are presented with an investment
opportunity. If it involves an online investment, you
have to be more extra cautious.
A college student can build a website that looks like
a professionally run corporate website. A conman can
buy a cheap $50 software and create a pyramid scheme.
Another person can write a compelling enough sales
letter and a fake profile of the company. That's enough
to make a perfect scam of the year.
I don't mean to scare you with all what's written here.
I just want you to be aware of the con artists out there
in the cyberworld.
There's always lots of money to be made online through other
proper channels and a "Get Rich Quick Silly Online Investment"
is not one of them.
Stay miles and miles away from them and be wiser in
investing your own money.
About the Author:
Zamri Nanyan invites you to explore another form of
online business called multi-level-affiliate-marketing.
Visit http://www.zamrinanyan.com/kiosk for more details.
To learn more about Zamri Nanyan's work, visit
http://www.ZamriNanyan.com
_________________
* note: you are allowed to reprint this article, put
it on your blog or website and distribute it to your
list as long as you keep the author bio intact and
you don't modify the content of the article.
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