is Euro-America index is safe to invest money?

Question

they say that you just invest your money in it and let it grow ...no maintain. no plus and checking it every time...it just grow every day ....and in a 100 days (they say) your a millionair ....is it true ...has anybody tried it before?

Answer 1

Sounds like a classic Ponzi scheme to me. They take your money and use it to pay the people already enrolled. Then they need you to go sign up more people so that their money can pay you. Problem is, that there's a limited number of people gullible enough to fall for this, so it collapses.

Answer 2

According to their website they say a $20.00 investment gets an 18% interest credit each day. That is $3.60 a day. In a 100 days you would have $360.00 or a tremendous growth. There is absolutely no bank that will give you 18% these days. In order to get a million dollars in 100 days you would have to invest a LOT of money initially.

You also get money for referring people based on a percentage of what they invest. This is where it starts to look like a scam.

There is absolutely NO FDIC safety net which means if you give them your money and you get nothing in return there is nothing you can do about it. Make sure that ANY investment that you make is FDIC approved so that you are guaranteed at the least your initial investment back.

Maybe I am wrong. Perhaps this is a great opportunity, however, I almost always go by the saying "If it seems to good to be true... it probably is."

Answer 3

I advise you just to invest an amount that you dare to lose. Don't invest an amount that you can be mad if u lose it. When the amount doubled, just take your early investment and wait for the balance to increase (if it's really work). It's good when u got a mentor that have experience for this thing. Ps : sorry my english is poor, hopefully u can understand it