How to Create Wealth in Just 20 Minutes a Day. Rats!

April 20th, 2009

They are often advertised in the newspaper, in the tabloids or hidden away somewhere in the back of the paper where the advertising comes cheap (rat #1. why would a rich organization need cheapo advertising?). Some other tell tale signs are:

- Usually “FREE” (note that the word ‘free’ will be in capitals, larger than the other fonts, colourful, etc). In Singapore the ‘free’ statement would usually be in one of those awful clipart explosions ala:

FREEEEE!

- Repeat the word ’success’ over and over again.

- Show pictures of ’success’ cheezy grins, happy families, high performance sports cars, you name it. All the stuff they want you to want.

- Picture of a young smug guy/girl in a shirt and tie who “made it.” (note to self: When I make a shedload of money, no more shirt and tie… only shorts and tee-shirt for my private beach/island)

- Overuse of words like ‘freedom’ and ‘destiny’

- Trading mistakes that your brokers don’t want you to know! (really? because I would have thought if I get rich then my broker gets rich too, no?)

- Limited seats! Register Now! (don’t fall behind okay!)

and best of all

- Make money and become a millionaire in just 20 minutes a day. (That would be awesome! If I spend 8 hours a day, that means I can be worth $24 million easily). Something isn’t right here.

Even if there is a magic way to make loads of risk free money out of shares; can all of this free information can be condensed into a one day seminar? If so, are those people on a two year masters degree in financial engineering wasting their time and money? They could just go for a one day seminar instead!

So many rats. Dear oh dear. Know any others?

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