Avoid getrich-quick schemes from "summary" of The Bogleheads' Guide to Investing by Taylor Larimore,Mel Lindauer,Michael LeBoeuf
Get-rich-quick schemes promise fast and easy money with little effort or risk. They often prey on people's desire for quick wealth and financial security. These schemes may involve investing in high-risk ventures, trading in volatile markets, or participating in shady practices. However, the reality is that get-rich-quick schemes are rarely legitimate or sustainable. Most of these schemes are designed to benefit the promoters rather than the investors. They often involve high fees, hidden risks, and unrealistic promises. In many cases, investors end up losing their money instead of making a profit. It is important to be wary of any inves...
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