Beware the Salesman

Beware of the phone salesman attempting to peddle his investments over the phone. Care should be taken - they could easily be predators looking for the unwary or careless investor. They often use high-pressure sales tactics, and persuasive arguments. However, they are not doing you any favors, no matter how good they make an investment sound. They are often operating in their best interest to dump over-the-counter stock on you, and the money you pay in will go into their own pockets, or the pockets of their company. I was once told by an investment guru that if the investment was that good it wouldn't need salesmen. This same guru ended up in jail for fraud - having done that very same thing. But I am convinced that poor or risky ventures definetly do need salemen - so be careful. Always assume the worst.
Kevin Bauer
htp://www.pennystocktrading.net