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Saturday, February 28th, 2015


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Too Good To Be True (The Overnight Millionaire Scam)

You probably don’t need to read this, but I bet you know people who do. Please feel free to repost or forward:

Times are tough, and many say they are going to be tougher. That makes some people more focused, it turns others desperate.

You may be tempted at some point to try to make a million dollars. To do it without a lot of effort or skill or risk. Using a system, some shortcut perhaps, or mortgaging something you already own.

There are countless infomercials and programs and systems that promise to help you do this. There are financial instruments and investments and documents you can sign that promise similar relief from financial stress.

Resist.

There are four ways to make a million dollars. Luck. Patient effort. Skill. Risk.

(Five if you count inheritance, and six if you count starting with two million dollars).

Conspicuously missing from this list are effortless 1-2-3 systems that involve buying an expensive book or series of tapes. Also missing are complicated tax shelters or other ‘proven’ systems. The harder someone tries to sell you this solution, the more certain you should be that it is a scam. If no skill or effort is required, then why doesn’t the promoter just hire a bunch of people at minimum wage and keep the profits?

There are literally a million ways to make a good living online, ten million ways to start and thrive with your own business offline. But all of these require effort, and none of them are likely to make you a million dollars.

 http://sethgodin.typepad.com/

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4 Responses to Too Good To Be True (The Overnight Millionaire Scam)

  1. paydaycashman says:

    Their are many of these schemes floating around, especially on the internet. Some of the more popular ones that i have seen lately are the ones that are called “Auto Surfs” or “HYIP (High Yield Investment Programs) that convince you to invest into a program for a given term. These programs use new investor funds to payoff the earlier investors. Eventually the bubble pops and the administrators of these programs run with as much money as they can. If you are thinking about investing in such schemes you would be well advised to check for and test each respective companies contact information for both and American address and phone number and see if you get a legible email or understandable support representative. Most of these schemes operate across seas to shelter themselves from American law. So by doing the above you can limit liability to some degree. Whatever you do, don’t invest more than you can afford.

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  2. donboy says:

    boytoy

  3. bobby says:

    im prank calling that phone number

  4. Pingback: Anthony Morrison Internet Scam

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