Just Say No: Avoiding Money Scams

Just Say No: Avoiding Money Scams

Oct 05, 2022

Words to run away from:

🏃🏻‍♂️ 🏃🏻‍♂️ 🏃🏻‍♂️ 💨

“The opportunity of a lifetime”🚩

“This baby’s gonna move”🚩

“Guaranteed”🚩

“You need to hurry”🚩

“Sure thing”🚩

“Our proprietary computer model”🚩

“Smart money is buying it”🚩

“Options strategy”🚩

“It’s a no-brainer”🚩

“You can’t afford not to own it”🚩

“We can beat the market”🚩

“You’ll be sorry if you don’t…”🚩

“Exclusive”🚩

“Focus on performance, not fees”🚩

“Don’t you want to be rich?”🚩

“Can’t lose”🚩

“Offshore”🚩

“The upside is huge!”🚩

“There is no downside”🚩

“I’m putting my mother in it”🚩

“Trust me.”🚩

“Commodities/forex/crypto trading”🚩

“Monthly returns”🚩

“Active asset-allocation strategy”🚩

“We can cap your downside”🚩

“The charts indicate…”🚩

“No one else knows how to do this”🚩

🚧🚧🚧

In the words of Nancy Reagan, “just say no.” If you need a financial advisor, make sure they’re fee only and they’re a “fiduciary”. If they popped into your DM’s one day with a pitch-slap, then there’s a very solid chance they’re not who has your best interest at heart.

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