Question:
What’s your take on Private Placement Trading Platforms?
Yus from Waryland
Answer:
Yus, this question is a good one because it points to the possibilities out there for people to take money from the unsuspecting.
Private Placement Trading Platforms (PPP) have traditionally been a vehicle for the ultra wealthy to score huge returns on their investment. These programs targeted sophisticated, accredited investors and institutions having a net worth greater than $100M. The ultra wealthy have always had sophisticated investment vehicles that paid high returns for their investment. Many are legitimate, but some have an air of “too good to be true” about them, as they are too good to be true. They are scams promising unbelievable rates of return for short periods of time. Just think Bernie Madoff.
Today, it is common to see advertisements on the Internet for PPPs requiring investments as low as 50-100,000 dollars. These are quite different from the PPPs of the ultra wealthy. I can’t tell you whether any or all are all scams, but I can tell you the ones I came across had the air of “too good to be true” about them. Check it out for yourself. Below is one advertisement pulled from the Internet. Read it and then ask yourself: Would you send these people your money?
Invest 50K, 100K or 1 Million Dollars Private Placement Platforms W/ASSURANCE .
INDIVIDUALS ARE WELCOME. BROKERS ARE WELCOME AND HAVE TO SIGN A BROKER CHAIN AGREEMENT. Your (sic) in with: 50K, 100K Private Placement Platform with 5 Million Dollar Pool. Online Access 24/7. Would you like to earn millions in a Private Placement Platform? Ask about the 5% cash down loan Contact me ASAP.
And if you saw the types of returns below, would you believe it?
– 500% return in 8 banking days and the profits rolled over to the second 500% return in two weeks, with the profits rolled over into a 40-week program paying 50% per week.
Sometimes, I feel as if I am pounding nails with a coconut. Folks, unless you are one of the ultra-wealthy who could risk millions with minimal damage if the investment turns out badly, stay away from all gimmicks that promise lots for little. I’ll say it again—if you want to be a trader, quit looking for the easy way. Get to work, learn the craft, and then begin to develop the art of trading. It will take time, lots and lots of time, and there is just no easy way to get there.
Trade in the day; invest in your life …
