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    rackcity's Avatar
    rackcity Posts: 100, Reputation: 1
    Junior Member
     
    #1

    Dec 25, 2013, 02:49 PM
    Is this website a good way to make money or a scam?
    I came across this website that you invest in, they use your money with binary options.. . if they win they keep a certain percentage dependent on how much you've invested (more you invest less they take away per win)... And if they losethey use their "reserve fund", so supposedly you can't ever lose. But you want to wait until the end of the term to take out money cause if you take it out before the term ends they take 25% of the investment. I've dealt with a lot of bs and scams and I don't want to fall into another one.. . I'm considering to invest a couple of thousands if it's legit. Please provide me with your feedback. Here is the site: Secure Investment - Online Investment Management Company
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
     
    #2

    Dec 25, 2013, 04:59 PM
    Any investment that guarantees you can't lose (except for an interest bearing savings account) is a scam.
    rackcity's Avatar
    rackcity Posts: 100, Reputation: 1
    Junior Member
     
    #3

    Dec 25, 2013, 05:45 PM
    Thanks. Glad I'm not falling for this, I'm curious where this "reserve fund" that compensates even comes from?
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
     
    #4

    Dec 25, 2013, 06:02 PM
    Quote Originally Posted by rackcity View Post
    Thanks. Glad I'm not falling for this, I'm curious where this "reserve fund" that compensates even comes from?
    Its called a pyramid scheme
    rackcity's Avatar
    rackcity Posts: 100, Reputation: 1
    Junior Member
     
    #5

    Jan 3, 2014, 09:29 PM
    I'm interested in investing, but am 100% newb at it. Any legitimate websites to get started for laymen people in this field?

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