I keep seeing "Investment classes" on TV/Internet, would anyone out there know of any reputable ones. There are so many out there and run the gamut on cost. I see them on tax liens, options, stock market, trading money and so on. Please enlighten me on any that "you" out there have found to be legit. Thanks And have a Happy New Year

Mostly they are a scam simply designed to part the foolish with their cash.

Quote:

---

Originally Posted by Curlyben

Mostly they are a scam simply designed to part the foolish with their cash.

---

Thanks a lot, that helps. Are there any that are legit?

You might check with the reference desk at your public library. Large investment/accounting firms or insurance reps or even banks sometimes ask to run a seminar in the library meeting room, so something like that might be scheduled at a library in your area. They will hand out business cards for attendees' later consulting, but the seminar is supposed to be information only, no wheeling and dealing. Also, check at your community college for such a one-time seminar. And of course, keep your hand in your pocket guarding your money.

Thanks and Happy New Year

I made a small fortune on tax liens and buying and selling tax properties ( but then I know houses and did not mind fixing them up and flipping them)
Also when they redeem them, if you don't get to keep the house, you make about 10 percent on your money, not getting rich, but in days of less than 1 percent interest in the US and about 3 percent interest here in China, 10 is a good profit.

I lost about a 1/2 million dollars my house and went bankrupt over options, but then many people get rich with them.

Stock market, one of my good friends makes a living doing that. I have or had some long term ones, Over the last 6 years or so, most have lost money, my investments in stock have not shown a profit in a few years. Some single stocks do, but the risk is great that they will fail also.

Money trading, very tricky


The issue with all of them, is how much money do you have to invest.

In the house liens, I had perhaps 200 or 300 thousand invested, a lien will cost me from three thousand on some empty lot to perhaps 30,000 for some property.
So what type of capitol do you have to invest. And remember that money is sitting and you can't get it, you can't cash it in. If you end up with the house, then you have to sell that house for money money than investment.
So your money may set for one to three years depending on where it is at.

Options, OK, money moves fast, and you can buy and sell as market changes.
I lived in a fancy house, drove a top of the line imported sports car and had all the pretty women a man could want, till of course that margin call, and I lost it all.

I have a friend who paid for a Forex course, and who makes his living at it. I don't think he's getting rich doing it, but enough to live on.
It requires study full time (if not more), just as any living one makes in the markets.