Home >> Stock Forums >> real estate program - dangerous?

real estate program - dangerous?

asbuca said: "Hi all, I am thinking of investing for the first time, and an acquaintance referred me to a program which deals with real estate and promises to give a return of 15%. Is this a dangerous program, or something I could give a try? I really have to invest very carefully as I am very afraid of getting caught in a scam. The website is guaranteed15 dot com . Any of you guys have experience with them? Thanks for all your help! Ben"

newinvestor123 said: "Scam. Anything that promises you a 15% return is probably a scam, and anyone here can tell you that right now is the worst time in the last ten (20? 40?) years to get into real estate."

FirefighterB said: "Yup. Scam."

AlfredSokol said: "The only thing guaranteed in life is death and taxes. And in my case, divorce. ROFL"

Aligator said: "[QUOTE=asbuca]Hi all, I am thinking of investing for the first time, and an acquaintance referred me to a program which deals with real estate and promises to give a return of 15%. Is this a dangerous program, or something I could give a try? I really have to invest very carefully as I am very afraid of getting caught in a scam. The website is guaranteed15 dot com . Any of you guys have experience with them? Thanks for all your help! Ben[/QUOTE] "First time investor". I remember the first time I ventured out - all those years ago. It was 1971 and I was 26. I'm still at it, too. I have learned to try not to go too fast; not to invest money that you will have to reclaim within a few years; and that there are lots and lots of people who will help separate you from your money. My advice (gratuitously offered, of course) Read "The Richest Man In Babylon". Talk it over with your best friend, wife, or parents. Meet with this person every week for the purpose of discussing the pricniples of acquiring wealth and see what happens."

thezster said: "one word: SCAM... as mentioned above.. there are NO guarantees... nonewhatsoever!"