If you have $10,000.00 you have $10,000.00. The moment you receive it you know exactly what it is and what it is worth. It is your money. You can do with it as you see fit.
Persons may try to convince you that you can use your money to make money through a process called "investing". You trade a part or all of your $10,000.00 in exchange for a profit.
Often the greater the advertised promise the greater the risk. Guaranteed returns on investments are usually low. Higher profits come with the risk of no return and a loss of all or some of your initial capital, your initial investments.
Some investments are actually fraudulent. The may be Ponzi schemes are outright theft. An indicator of such advertises investment opportunities that are actually fraudulent schemes are promises of unusually high returns.
You might get up to a 2% return on guaranteed investments such as a savings account with a bank. You might get a potential for 7%, 8%, or sometimes higher on investments such as stocks or bonds. However, when someone advertises returns in double digit percentages such as 15%, 20%, or higher, this is a warning sign that you may be a target of a fraudulent scheme.
As humans we know that the moment we are conceived in our wombs we have a maximum number of days of life already programmed into our DNA. We might lower that number by our lifestyle choices. Choices made by other may cause an even more dramatic reduction in that number of day.
To live 80 years is to live 29,200 days. Some may try to convince you to invest some of those days in activities that might extend your days. Good clean living. Healthy diet, exercise, and abstaining from activities that can harm our bodies are often solicited to us. The returns on such investment of our time may net 5% - 10% giving us a few more years of life. In the end, you have 29,200 days of life. They are your 29,200 days of life. You can do with them as you see fit.
So, what if someone offered you an investment deal. For 100% of your days of life they promise you an investment return beyond 1,000,000,000%. In fact the return is an infinite number of days of life in net return.
Does it sound too good to be true? Does it sound like a scam?
We all have something in common - we received an investment opportunity that sounds even less rational than an unsolicited e-mail from a Nigerian prince asking for our bank account number in exchange for a $1 million. The e-mail is from the extension @JW.org.