Need some financial advice on this site?

Hey Guys, Site im about to post seems to be a little good to be true. Was hoping someone with sound financial knowledge could have a browse and tell me if there is a catch or whatever?





Thanks in advance.. Link: http://www.investimet.net/Need some financial advice on this site?
congratulations, you have just stumbled upon a ponzi scheme. It is a small, less complex version of what Bernie Madoff was running. The most obvious way to see this is their promised returns are not possible. The only way to get close to this (about 2% a day) is to be an overnight lender, and only massive banks can do this. The second sign is that they lack a member area, claiming that someone [other than them!] could steal your money if they had one.





Here's how a ponzi scheme works, step by step:


1) people find the site and ';invest'; their money, since they can't see it and ';know'; they are getting income from it they leave it alone.


2) if anyone wants to withdraw their money they are paid with money from later ';investors';


3) the person running this scam takes most of the payments out and uses themNeed some financial advice on this site?
I think it lacks professionalism and I wouldn't invest with them myself. It's selling a terrible sales pitch which lacks all credibility and selling something that is far-fetched. If they don't have a profile of the people who works in the company, then I wouldn't be too keen to contact them.





However, whether this company is legitimate and whether it does have a proven track is another matter. I would check the existance of this company with the inland revenue if you are seriously considering them. I would also request references from them and check up on those references. I would check their financial statements and have it gone through with independent auditors and accountants. I would also look through examples of their past successes and what sort of shares their portfolio consists of. I will then look into those shares - the companies, their industry, their financial situation and possibility of prosperity. I will check with the investment company's financial history and its policies to see if they are aligned with the law and are promising.


An investment company that tells people that it never fails is lying. A good company knows when to stop an investment from getting too large or when things look for the worse. They will know when to weigh up their options and work on percentages. They will be able to spot promising companies and be able to be honest about their mistakes.





Hope this helps
It should get informations on any form of investments It is best to do your investments personally and face to face with your financial institutions not on line.
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You have discovered the ancient rule, if it looks too good to be true-- it usually is!