Recently one of my friend cum reader of this blog has asked me that, “What are your Reviews about making 10% return per month from Investments?”
He asked me so because very recently he received some investment offer from some un known company. The Company claims that, they are investing their investors’ money in high growth businesses and inter banks securities transactions which gives them more than 30% return per month and they will give their investor’s 10% per month Guaranteed return.
But the Minimum Investment size is Rs.10 Lakhs and than in multiplies of Rs.1 Lakh only…!!!
Well, if you ask me than, in my opinion you should stay away from such kind of schemes. These are nothing but the different types of Ponzi schemes. Means here they give existing investors return from the money of new investors. And this lasts until the scheme collapses or caught by Police.
Remember the Rule of Warren Buffet of Investments,
If it’s too good to be true, it certainly does….!!!
What it means? Well, it means that, if some investment sounds too good too be true than the chances are that it’s really not true. Now, just think that 10% Guaranteed return per month means 120% return pear year. It means 1 times profit. Now, Government of India is giving only 8% Guaranteed returns on your investments and in the market, leading companies can give you MAXIMUM 10% return per year than how is it possible that, someone can give you GUARANTEED 120% return per year?
It means that, if you invest Rs.10 Lakhs today than it will become Rs.22 Lakhs after 1 year…!!!!
Unfortunately, Scammers take the advantage of people’s lack of financial awareness and greed. So in my opinion, if you are seriously planning to invest in such types of schemes than please think twice. It may be a Ponzi Scheme. The owners of the company may run away with your money.
When it comes to investing, Be Realistic and expect realistic returns from your Investments…!!!
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