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Avoiding scam investments: 7 things you should know
By Retire by 50  •  October 23, 2015
Every few years, an investment scam surfaces and clears the coffers of naive investors. Whether it is some miracle water or precious gold bars, smooth-talking salespeople will try to get you to part with your life savings in exchange for them with promises of buying them back later at a higher price. We see scams like this all the time. The business model is often unsustainable and sounds too good to be true. The latest Here are 7 things you should know about scam investments and if you ever come across one, avoid at all costs!

Introduce a product that is perceived to be rare or highly valuable

Scam investment operators will introduce a product into the marketplace that has a high perceived value or appears to be of limited quantity. It could be a 1 kilogram gold bar during 2011-2012 when gold prices were skyrocketing or outskirt real estate ......
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By Retire by 50
RetireBy50.me is a personal blog about my journey to retirement by the age of 50. At 31, I am a typical white-collar Singaporean who works regular hours in a job while looking for other opportunities to make more money during non-office hours. This blog will discuss the hits-and-misses encountered during my journey to free myself from the corporate rat race. Will I get there by 2033? Stay tuned.
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