Comments on: How To Get Scammed http://www.moneysmartsblog.com/how-to-get-scammed/ Investing and Personal Finance Fri, 10 Feb 2012 14:34:49 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: <![CDATA[FourPillars]]> http://www.moneysmartsblog.com/how-to-get-scammed/comment-page-1/#comment-1613 Thu, 26 Jul 2007 03:23:56 +0000 http://www.moneysmartsblog.com/how-to-get-scammed/#comment-1613 I think #9 is definitely a keeper – it’s probably the most common problem on the list.

I think it should be something like:

9) Don’t bother trying to learn any basic investment knowledge – just blindly purchase investment vehicles.

It’s not perfect and it may not be what you were originally going for. But it’s true!

Mike

]]> By: <![CDATA[FourPillars]]> http://www.moneysmartsblog.com/how-to-get-scammed/comment-page-1/#comment-1611 Wed, 25 Jul 2007 16:47:37 +0000 http://www.moneysmartsblog.com/how-to-get-scammed/#comment-1611 I see what you mean - I was thinking more in terms of strategies like smith man., leveraged investments etc. If someone doesn't have an rrsp because they don't understand them...they might be better off with a MF salesman! Mike I see what you mean – I was thinking more in terms of strategies like smith man., leveraged investments etc.

If someone doesn’t have an rrsp because they don’t understand them…they might be better off with a MF salesman!

Mike

]]> By: <![CDATA[FourPillars]]> http://www.moneysmartsblog.com/how-to-get-scammed/comment-page-1/#comment-1609 Wed, 25 Jul 2007 13:18:39 +0000 http://www.moneysmartsblog.com/how-to-get-scammed/#comment-1609 I have to say that I don't think #9 is the worst thing to do. If you don't understand a strategy then maybe it's worth avoiding. I'd say buying an investment for tax reasons only (LSIFs) are a good way to get scammed. Mike I have to say that I don’t think #9 is the worst thing to do. If you don’t understand a strategy then maybe it’s worth avoiding.

I’d say buying an investment for tax reasons only (LSIFs) are a good way to get scammed.

Mike

]]>