Monday, September 1, 2014
Never Trust an investment that has the word "Trust" or "Royalty" in it.:
Ever since the American people faced the crash of 2007, by the way which Bernanke recently bragged was even bigger than the crash of 1929...a fact that he was a little late in recognizing since every man, woman and child in America knew this...anyway...investors after the crash of 2007 faced the 1% interest rate on their savings were lured into investments that promised 10,12,13,14% interest through the magic of "fracking"....or something like that...maybe it was mispelled: anyway....those investors have suffered terrible losses since these "Royalty Trusts" were really "wasting" assets, and the investors found that their investment got "wasted."
So the rule..."If the investment seems too good to be true...it probably is."...or "If they smile and promise you the moon, they are lying."
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