Any investment that pressures you with "Put money NOW-NOW and cash out. If you don’t put money NOW-NOW, you will lose out." is almost always a Ponzi scheme or scam. Run from it.
In investing, urgency is a scam tactic.
Scammers use what we call the 'fear of missing out' (FOMO) to rush unsuspecting people into putting money without thinking or asking questions.
Now, this is the truth: Legitimate investments don’t expire overnight. Real investments like stocks, bonds, mutual funds, treasury bills, real estate, etc. are never “invest now or lose out.” No! You can invest in them ANYTIME you are ready. They are always there, today, tomorrow, next month or next year. You can invest in them whenever you are done with your due diligence.
So, beware of anything that looks like "Invest NOW-NOW and cash out"
Don’t say I didn’t warn you.
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