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Wednesday 17 September 2014

Do you believe you can retire in less then a year?



I have just started my blogging for the sake of sharing more ideas with more people who are interested in my thoughts.

I always find investment blog more helpful then any other blogs but there seems to be some problem with blogs that referral people to investment or trading course for a referral fee but do not care whether the participated person result in Genuine Good or Bad (Scam) Course.

Those money driven blog will invite Good Financial Blogger for interview and post on their own Blog making it seems like they are as legitimate as the Good Financial Blogger.

The Good Financial Blogger really just did it out of Good Will without knowing they are just a chess piece in the game.

Maybe is time for any Good Financial Blogger to take note who they are allowing themselves to be (unofficially) affiliated with through the blog channel.



I went through Singapore Police Force Facebook Page for Scams,

https://www.facebook.com/singaporepoliceforce/photos/a.449307704407.236365.56706929407/10152851590134408/?type=1

This message caught my eyes. Have you ever given it a thought whether what is promised to you will NOT come true?




The moment you signed on the dotted line in any agreement and transfer the money over, do you think the law can still protect you in anyway?

Do you believe you can retire in less then a year if you let a third party manage your money for you?




I hope our Singapore Site could provide more information on How Scams Works but I found a rather Good List from the below Australia Site.

Read (at least) about the Dangerous Myths.

http://www.scamwatch.gov.au/content/index.phtml/tag/HowScamsWork/

Dangerous myths

Some people hold beliefs that leave them even more vulnerable to scams.
One of them is the belief that all companies, businesses and organisations are legitimate and okay because they are all vetted and approved by the government or some other authority. That is not so. Consumer protection agencies can only do so much. While they are constantly on the look-out for dodgy operators, some scams only come to their attention when people report them.
A similar dangerous myth is that internet websites are all legitimate, or that it is difficult to set up a website. It is quite easy and cheap to set up a professional-looking website that is run from outside Australia. A scam website could be used to sell a dodgy product, or it could be easily made to resemble a genuine website, like a bank or credit union website. These websites are often only 'live' for a few days— but that is enough time to trick people into giving up their credit card details or other personal information.
Another belief that makes people vulnerable to scams is the idea that there are short cuts to wealth that only a few people know. Ask yourself the question: if someone knew a secret to instant wealth why would they be spending their time telling everyone, or need to charge people money for it?
Believing these myths can place you at risk.


PLEASE do not let your hard earned money be cheated!

No one deserve to be cheated unless you are a cheater yourself!

Invest and Trade Safely Everyone!




5 comments:

  1. Hi Kenji,

    Actually most scammers are UNLICENSED.

    ReplyDelete
    Replies
    1. I agree. The problem is they are protect by the agreement they gave people to sign on. @Matthew Seah

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