Monday, March 28, 2011

Remember When I Said...

Remember when I said that Promissory Notes are bad and on my Do Not Buy List? Once again, proof positive that I am right. If you buy a Promissory Note, then you are essentially giving the person selling it the opportunity to misuse those funds. It is never and I mean never a good idea to invest any of your money (did I say any of your money? Yes, I did, because I mean it.) in a Promissory Note. Never forget it.

 http://www.sec.gov/news/press/2011/2011-72.htm

Be careful out there.