Get Rich Quick? Good Luck With That.

In June of last year the full-page color ads in the Democrat & Chronicle started appearing.  “GET MOTIVATED” screamed the headline, and the ads went on to list top-shelf speakers like Rudolph Giuliani, Colin Powell, Terry Bradshaw, Erin Brockovich, and Bill Cosby.  The full-day motivational session, packed with headline speakers, was advertised with an advance ticket price of $1.95 – less than it would cost attendees to park.

The whole thing sounded to many people like it was too good to be true, and it was.  At the time, Rachel Barnhart did a story (featuring our own Marge Geyer!) where we talked about precisely that aspect.  Now, it seems, the Get Motivated train has gone the way of all such scams – off the rails.

This is just another in the many scams that I have seem come and go over the years, reinforcing my conviction that if  you want to grow your net worth, there is no substitute for hard work, thrift, and careful investing.

GTC

(This article contains the current opinions of the author but not necessarily those of Brighton Securities Corp.  The author’s opinions are subject to change without notice. This blog post is for informational purposes only. Forecasts, estimates, and certain information contained herein should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. References to specific securities and their issuers are for illustrative purposes only and are not intended and should not be interpreted as recommendations to purchase or sell such securities).

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