Two points that stand out in the golden rules of investing with me are; when I get involved I accept the risk knowing full well my principal could go poof at any time. Therefore, I only use cash that I don’t need to keep the wolves from the door.
So … with every venture I write about in my Blog, I apply that and I know there are no guarantees.
Seeing is believing they say but not in the world of finance. My eyes could be telling me lies about what I’m reading and watching while my noggin’ is working overtime thinking … is it all smoke and mirrors or will it be profitable?
Folks should take heed of red flags and issues that just don’t look kosher. Certainly one of Canada’s ‘Big 5’ Banks should of put on the brakes and ceased dealings until investigated when they felt there was something just not right. But… that Bank did not, although it’s ‘alleged’ the warning signs were there and here’s the story behind that…
I have no doubt Banks try and avoid this type of situation in that article but I’m sure it’s a constant thing with persuasive rich crooks, drug/war lords and terrorist groups under an alias attempting get their foot in the door. Then move their money in small amounts first, eventually ramping up to the millions, while large transfer fees are taken in by the Banks.
Ramping that down to the online world I’m invested in … where funding a few thousand in a program is looked on as a high end spend, I remain conservative as always. But first … some navy humour
Although ‘revenue share’ ad packs won’t be for sale until February 28th. KooAds has enabled funding to purchase some advertising with the program. I’m sure there will be more launches in February I’ll be getting into but for now, there is plenty of time to watch KooAds and review the ‘on site’ AdPlan and FAQ’s.
If all is well, I’ll be there for the official Launch day.