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Tag Archives: Universal Truth
It’s a universal truth of money, indeed of life. “When something is too good to be true, it usually is.” Anyone who has been sweet-talked into an investment that promises to produce magical returns, buck the stock market trend or be virtually risk-free while offering a high yield has ignored this truth. MORE
The problem with the phenomenon of “too good to be true” is that when you encounter an investment to which this truth may apply, you find out the hard way that it will certainly not turn out to be good for your financial health. As for “true,” the defining characteristic of such dubious investments is bound to be the opposite: somewhere there is deceit, non-disclosure of essential facts or outright fraud. MORE