is it safe to invest my money into the Fical Investment plan?

Question

It's an Internet investment.the markets that they will be playing around are the coal and fuel markets.

Answer 1

You're not giving enough information. A web site would be a start. But just the idea that they'd be "playing around" in the coal and fuel markets suggest you're looking at a scam.

Be very careful. Anything to do with Gold, Silver, Diamonds, Oil, Coal, Fuel Markets, Energy Markets (esp. "clean energy") or commodities has the highest number of scams (next to Penny Stocks) around.

If you're new to investing it's more likely this is a scam.

Answer 2

Well, most Internet "investment" are at risk. That the reason why they are giving high returns to get more people in it. Many people will not take such risk on their hard-earned monies but most of us cannot resist such good deal. That is life!

You ask yourself, how much monies you can afford to lose then you can try it. If there isn't, then it is better to put in the bank.

I am quite paranoid about HYIP, but curious how its out. I have put some monies in swisscash, which I already took back my investment including the profit. With the profit, I reinvested US$200 in another investment (swedenfund) last Nov'06 (yet to recover my capital) and US$250 in fical last week.

If you really want to have a try (just like buying lottery), you can try as little as US$10 or 20.

Answer 3

Stay safe with your investments, get into a mmf money market fund for now. Unless you are sure you want to invest in the market.

remember money makes money........

george / [e-mail]

Answer 4

No it is not. Just build a diversified portfolio of stocks which can include gold & other commodities. No need for any "plan" at all. ASX PEO EWA IAU EFA Invest - don't speculate.