The fear and uncertainty caused by the coronavirus pandemic have spread across the world. In addition to these cases, the case of police brutality against black men has once again caught the world's attention. News was pouring in about the tragic killing of George Floyd by a police officer in Minneapolis and the deaths of other black police officers. Peaceful demonstrations, protests, riots, and at times violence have attracted the attention of the United States and other parts of the world.
The world is in crisis and investment may not be on people's minds. But with this pandemic, a lot of people have had financial problems, so money is a problem. Perhaps they are looking for a way to earn some much-needed money.
There are still plenty of educators out there who want you to trust them by subscribing to their stock investing newsletters. They promise big profits and make big claims. Their testimonials sound too good to be true. Maybe they are.
So-called educators are willing to monetize their programs even though the coronavirus has hit everyone for the first time. They say there are exciting investment opportunities in oil companies, banks, cryptocurrencies, and medicine, even during these challenging times. They have common names like John, Tom, Ken, Alex, Mark, and Jeff, as well as unusual names like Jordan, Derek, and Kyle. Who can you trust? hard to say.
Sometimes they promise 100% ROI or they can be bold enough to offer 2,000% annually. They say you will most likely get a return on your investment with your first trade. If they promise great returns, it's best to make sure they get a money back guarantee if they don't deliver as advertised.
If these promises come true, it will be a great opportunity and blessing. However, these are often false promises that do not come true. If you can find a program that pays you as needed, you can consider yourself one of the lucky ones.
It's pathetic when a loss doesn't seem like a gain, but that's the case with many investments. We might be glad we didn't lose our T-shirts even though the teachers told us we would earn 100% or more of their recommendations. When following the recommendations given by the gurus, it is important to minimize losses before losing the shirt, so to speak. Winning is the goal, of course.
Distortions and dead ends can cause a lot of stress. Minor setbacks can be overcome without huge losses. It's tempting to listen to investment experts who follow in your footsteps to land winning trades. However, many or most of them cannot be trusted. It is better to research and learn so that you can trust yourself to make the best decisions.
The Japanese Americans lost everything during World War II when they were imprisoned in the camps. A free e-book is available by visiting the website and reading the introduction. Many of the general public know very little about this part of American history. The book covers civil rights issues and is available on Amazon.
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