Some Of The Worst Investments You Can Make

2 Aug

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Investing doesn’t come without risk. And some investments are better than others. Here are a couple of those types of investments that you shouldn’t touch with a 10 foot pole.

Timeshares sound good when you’re being sold it along with free tickets to the local theme park. But in actuality it’s one of the worst investments you can make. You’ll never recoup the price you spent on the timeshare when you’re ready to sell. It’s not like a house, the value isn’t going to go up. This is especially true because there are usually maintenance fees that go with the cost of the timeshare. It’s farĀ better to just save the money to rent a place for your vacation. It’s be a lot cheaper and you can do it anytime you want instead of trying to get a good time slot before others.

Another horrible investment is penny stocks. Just don’t. Penny stocks are cheaply priced stocks on a special market and they’re that price because they deserve to be at that price. Don’t let anyone tell you different. They are easy to manipulate, which a lot of people do. You can tell by the large amount of sites that promote penny stocks and tell you to buy certain ones. The thing is, when they tel you to buy it’s so that they can sell it and make a lot of money.

If you don’t understand what you’re investing in then that can be the worst investment for you. Get educated so that you don’t fall into any investment traps that can take all of your money. If you’re interested into investing in the stock market then go look at theĀ Reviews of Online Trading Academy. It’s one of the best courses available to you.

Whatever you decide to invest in, jusst be sure to do your due diligence so that you don’t get taken for a horrible ride.

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