From the monthly archives:

September 2009

Life Settlements and New Investment Products

September 11, 2009

Two more schemes on the list of the Top Investor Traps of 2009 are Life Settlements and New Inventions and Speculative Products.
Life Settlements
A life settlement involves the sale of a life insurance policy to a third party investor – for less than the face value of the policy. For example, I take out $100,000 worth [...]

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Real Estate Investment Schemes – Top 10 Investor Traps of 2009

September 8, 2009

Real estate investment schemes are among the greatest potential threats to investors this year. These investments often claim secret or exclusive ways to get rich quick, and offer loans or other suggestions to help you to finance your investment (remortgaging your home, for example).
As with any investment, if you are approached about an investment opportunity [...]

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Promissory Notes – Top 10 Investor Traps of 2009

September 4, 2009

Many seniors have lost their life savings by investing in short-term commercial promissory notes that are nine months or less in duration. These notes may be touted as being “insured” or “guaranteed,” but the insurance companies generally are located outside of Canada, are not licensed to do business in Canada, and lack the resources necessary [...]

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