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Too Good to be True? - general investment

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Old 11-08-2010, 02:12 PM
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Default Too Good to be True?

I've been pitched by a friend an investment opportunity to invest $6,000 and make a potential profit of $70,000 in three months.

The reason is because of the very isolated island location and its unconventional nature; Ever seen the movie Blow? Its a one time investment and I'm a silent investor. I give the money and take my percentage.

I have a total savings of $25,000 and I could recoup within 4 painful months. I am young so i'm really thinking about it.

I've been working for two years to pay for college and this could solve all my problems in 3 months.

Is this too high a risk investment?
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Old 11-08-2010, 03:40 PM
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Depends on what it is. Why dont you go into details with him and just keep asking and questioning. Only then can you know if you should invest or not. You dont invest based on feelings, relationships or anything other than return of investment.
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Old 11-19-2010, 07:36 PM
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Thumbs up Re: Stinger

Indeed italkcash, maybe he have a point. Its up to you depend on what it is because you're the one who really can tell if you should invest or not.
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Old 11-23-2010, 10:32 AM
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If something sounds to good to be true, it usually is. If you've got $25K in the bank, I'd leave it there,
I don't like the idea of an investment pitched by a friend. But thats just my opinion.
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Old 12-08-2010, 08:40 AM
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If I were you, I wouldn't risk in such large scale
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Old 12-08-2010, 10:09 PM
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Old 01-11-2011, 05:02 PM
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Quote:
Originally Posted by Taryn_James View Post
An online newsletter that has made thousands of dollars in profit for its readers – is committed to uncovering you potentially explosive stocks that are leading the market.

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Would you creat a special topic for you message. Don't post it everywhere
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