Talk of The Villages Florida - View Single Post - A bad investment or good?
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Old 11-13-2013, 10:34 AM
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Quote:
Originally Posted by l2ridehd View Post
Rule number one of investing. NEVER invest in anything you don't understand completely. If it sounds to good to be true, it probably is not true. If you have never bought and sold stocks, an untraded stock that has zero liquidity, is not a place for the faint of heart.

Unless you trust this person with your life and the money you invest is never going to be needed so that if you lose it all, it's not a problem, walk away. No, run away.
I would do only what makes me able to sleep at night. Putting money into a investment that you do not understand how it works, will make me very nervous. This sounds like a highly speculative investment.
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