Biggest Investing Lies You're Being Told (Page 4 of 10)
Categories: Invest Wisely
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Lie #3:
"I can beat the rate on Treasury securities …guaranteed"If someone offers you a guaranteed return with offshore CDs and other promising stocks, don't walk, RUN in the other direction!
Do Madoff and Stanford ring a bell?
If Uncle Sam's Treasury securities (the safest and as close to "risk-free" as any investment in the world), carrying the full faith and credit of the U.S. government, are yielding one percent per year or less, shouldn't you be very suspicious if you've been approached to invest in something yielding 15 percent per year or more?
There's a reason for the saying, "If it seems too good to be true, it probably is."




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