5% Return Each Month!

Yes, you heard it right. It is per month, not per year. This bank is claiming that you can get 5% return on your money each month, guaranteed!  It is hard to believe this kind of return, and even harder to believe that there are people who actually think it is possible and legistimate. Let me say it out loud: If it is too good to be true, it probably is. Given the current market condition, even 5% return PER YEAR is very hard to achieve and maintain. 5% a month would be a miracle for a bank to give out without their being some sort fraud.The trick played by the orgainzation who commits in this type of fraud is to get your money, pay you several month’s interestes to let you believe that you just found yourself a great deal, and then run with all your money. You will be extremely lucky to find there are any money left in your account.

When it comes to investment, it is important to have a realistic expectation on the return rate of your money. If not, the result will be either 1. you give up and back out totally 2. you could be the victim of the kind of fraud mentioned in this post.  So, please do not give up investing, stay the course and invest long term. Most importantly, do not be a fraud victim.

  1. lowerautoinsurance » Blog Archive » 5% Return Each Month! said on September 2nd, 2008 at 7:08 pm

    [...] If not, the result will be either 1. you give up and back out totally 2. you could be the victim of the kind of fraud mentioned in this post. So, please do not give up investing, stay the courst and invest long term. … Original littlemoneylab [...]

What do you think? Join the discussion...

How do I change my avatar?

Go to gravatar.com and upload your preferred avatar.

Author Avatar

Who's behind this blog?

Hi, welcome to Little Money Lab. If you are reading the About page, it is probably the first time you are here. Let me give you a little bit introduction to the site and myself. I was born in 1979 and currently work and live on the east coast of Canada. I created Little [...]

Read More »

Blog Sponsors