2007-04-08 13:56:05 · 8 answers · asked by ppeanuts28 2 in Business & Finance ➔ Investing
Haven't heard of it. However, it would be a mistake to believe that you could get that type of return for your money. It sounds like a complete SCAM. The total stock market, on average, returns about 8-10% per year. That is galaxy away from the type of returns that you are talking about earning. I'm not saying that it is completely impossible to earn that type of return. However, it is highly, highly, highly, highly unlikely. What you are talking about is not investing...it's called gambling. And you can bet the odds will NOT be in your favor.
2007-04-08 15:10:09 · answer #1 · answered by nardo 2 · 0⤊ 0⤋
Ok I tried to go to their site and was not sucessful but any time a company boasts about a 303% return I assume it is in the forex market as that is the only market that can make such a return BUT and I do Mean BUT it is risky as in any investment with high returns. Me personally I have been trading in the forex market before the advent of the computor and have lost thousands at a time at the beginning. Since the time computors have made their impression on the markets, I have been avereging 5.3% on a monthly basis which Translates to an APR return of around 60% so not as high as the other company but not bad considering I trade all day fro 5am to 1 am a long time as the markets on a daily basis goes through highs and lows as well as for many hours a movement of 5 or 6 pips which barely breaks even and sometimes a minor loss if you do hold out. If you want to learn more write to me at billone44@yahoo.com
2007-04-08 17:15:29 · answer #2 · answered by billone44 2 · 0⤊ 0⤋
Yes actually I have. I suppose you could get a 303% return. Or a 303% loss. Remember, anything with a high return possibility, also has the same risk to crash.................
2007-04-08 14:00:47 · answer #3 · answered by Ken C 6 · 0⤊ 0⤋
Investment that gives such a high return may be to good to be true. But of course, it may be real as well. Chances is not very high that it's real.
Do your own research. What is the company revenue model? Are they taking your money to pay other investors? If they are investing, what so they invest in?
If they are just playing the money game, then chances of losing your money to them is very high.
2007-04-08 14:12:39 · answer #4 · answered by skyjoe76 2 · 1⤊ 0⤋
"Beware of ways to suddenly become rich that you suddenly do not become poor.".Ben Franklin. Its possible, but with that return, Extremely risky, you probably could loose all you invested.
With the average interest rate retun 5% and maybe a little riskier investment 8-10% I would say the likelyhood of success is LOW.
2007-04-08 14:04:24 · answer #5 · answered by commonsense2265 4 · 1⤊ 0⤋
be carefull not to fall in their hand. if you really want to try put in the money that you affort to lose, dont be greedy. if you put all your saving you will be gone and cry . If that really true that guy can borrow money from the bank to invest, bank interest rate is small, his return is big he still make money. think about it logic
2007-04-08 14:10:10 · answer #6 · answered by Jenny 1 · 0⤊ 0⤋
Anyone promising a guaranteed return is SCAMMING you. Don't get sucked into it.
2007-04-08 14:02:35 · answer #7 · answered by bow_wow_wow_yippieo_yippiea 3 · 0⤊ 0⤋
INVEST ALL YOUR BIG BUCKS
2007-04-08 14:00:43 · answer #8 · answered by cork 7 · 0⤊ 0⤋