Beware and be careful of scammers who try to take advantage of you and your fear of outliving your money. Scamming is on the rise. If you feel you haven’t saved enough for emergencies or retirement you are vulnerable to the pitch of a “high guaranteed return” (there is no such thing) where you “can’t lose” (oh, yes you can)! Look out for mail and internet fraud as well as “advisors telling you to take an early retirement and invest the money in high risk investments.” Early retirees are being targeted because they are coming into a large pool of money and may not be sophisticated enough to do their own investing. Don’t be scammed, know who your trusted advisers are, and if in doubt, check out any financial offering.

This entry was posted on Monday, April 7th, 2008 at 8:00 am and is filed under General Interests. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.