Imagine working your socks off in your 9am – 9pm job, and then suddenly, you hear news that a colleague of yours just bought a shiny new car after making big bucks in the stock market.

Having had enough of slogging away for what seems like an eternity and never being able to afford the luxuries of life, you want to know how he did it.

Luckily, your colleague is in high spirits and wouldn’t mind sharing some stock tips with you – like how to flip some stocks for quick money.

Wary, you put in only some savings you don’t mind losing to give it a shot.

You start to make 30-50% on these “investments” but the profits are too insignificant because of the minimal capital you put in.

Emboldened by your handsome profits, you decided to plough in your hard-earned savings, hoping that it’s your magic ticket out