I believe we are all aware of  foreign currency trading, however the business of trading currencies have given birth to some of the best pyramid schemes posing as legitimate investment firms.  These firms promises unrealistic rates of return which appeals to our greed.  But the get rich quick scheme is a recipe for disaster.


We had some mishaps here in Jamaica as a result of companies supposedly involved in Forex Trading who were giving returns of 4% - 12% sometimes 18%.  Many individuals obtained loans to put into forex trading.  Now they have lost monies they borrowed and they cannot repay these loans.  I know, some of us are smarter than that, however some of us do get sold.  Luckily, I am not one of them.


Like all investments, there are risks involved.  But don't go borrowing, it is a risk.  Be wise when it comes to these up and coming firms promising the big bucks, they are a new breed in the making.


More time.

Quoting from [Life]:

Thanks for advice . I think that all the forums visitors should read what you have posted  , learn and think better before taking any future step.