How to Earn 12% a Month

One of my friends cannot stop raving about the money he is making from FxUnited, which promises a 12 percent return a month on investment. All we need to do is invest a minimum $1,000 (actually we could afford to invest around $10,000) and we will get 12 percent return monthly. It sounds too good to be true. When I search the web there are mixed reviews, to which the company has recently posted a response on their site. I have told my friend that I will check with my finance guru (you).

Sheree

Just for kicks, I had a look at their website. It has a mid-90s, spray-on-hair-in-a-can feel to it. Let me do the maths for you: a 12 percent monthly return represents a stunning 289 percent annual return. To put that return in perspective, the greatest investor on the planet, Warren Buffett, has achieved a 20.8 percent annual return over his 50-year career. It’s a scam.

Scott