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- 1. Caveat OFW – Scammers at the Gates, Part 1
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Monthly Archives: November 2010
The Curse of the Pyramids
There are as many types of scams as the minds of schemers can think of. This post is a survey of the most prevalent of all scams: the Ponzi pyramiding scam. The aim is to increase our sense of awareness on such types of scams, be able to spot them as they knock at our gates and avoid getting entangled with them. Continue reading
Caveat OFW – Scammers at the Gates, Part 2
For this concluding portion of the two-part article, we will dwell on two more types of scams: scams by legitimate entities; and, foreign currency investment scams. Afterward, we will end with simple suggestions to avoid scams. Scams by Legitimate Entities … Continue reading
Posted in Impossible Earnings
Tagged Babylonian parables, fly-by-night companies, foreign currency investment scams, found money, George Soros, impossible earnings, John Bogle's caveat, Legacy group, legitimate entities, lending investor, the way to avoid scams, the world's greatest investor
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Caveat OFW – Scammers at the Gates, Part 1
For this two-part article, we explore the subject of scams, make a quick glimpse of the most common and ubiquitous types, proceed to indicate the ones which OFWs should be most wary about and suggest simple ways to avoid such scams. … Continue reading
The Four Telling Signs of Lack of Investment Literacy
Another way to explain investment literacy is to indicate the signs pointing to the lack of it. By indicating what it is not or explaining the opposite, we may be better able to explain what it is and see clearly … Continue reading
