FYI: A friend gave me a book a few months ago to get my opinion on the investment strategy it was selling outlining.
I gave it a read and didn’t get the best first impression.
I’m not going to name the book because the name isn’t important. This could have been hundreds of different books or investment pitches.
The words and phrases used throughout are things I’ve heard countless times in my career. The red flags go up for me immediately when I see things phrased a certain way.
I’m sure this particular strategy could possibly be suitable for the right person in the right circumstances.
But here are some of the comments from the book that made me skeptical along with some thoughts on each:
Regards,
Ted
http://awealthofcommonsense.com/2018/08/if-it-sounds-too-good-to-be-true/