On the eve of this city’s biggest undertaking, the anticipation for Canada to win lots of Olympic medals is palpable. Polls on news sites ask people to vote on whether Canada will win 20 or more medals. It’s as if there wasn’t enough pressure on the athletes already, so let’s pile it on.
Some sports enthusiasts are behaving just like aggressive financial promoters, promising you huge returns on our Olympic investment, but forgetting to mention the risks.
Who knows how well Canada will do in the 2010 Olympics. Just like investing, you can’t promise lots of gold medals without assessing the risks. Even men’s hockey is not a sure thing.
I will however cheer our team on as they compete against the world’s best and hope, like my investments, that I get a reasonable return. What that means in Olympic terms is some exciting and unexpected wins over the next couple of weeks.
Click on Let’s talk about investing to read other blogs on this topic and others.
BCSC staff ambassadors tour the province, helping people to protect themselves from fraud and unsuitable investments. Our goal is to enable BC investors to develop critical thinking skills so they can become more informed of steps they should take to protect themselves when investing. Where we are this month VictoriaBe Fraud Aware July 14Private event […]
Social media tools such as Twitter, Facebook, and LinkedIn are accessible, interactive mediums where dialogue can take place and information shared. These tools can provide benefits for investors looking for information about investing, but it can also provide opportunities for fraudsters looking to promote an investment scheme. Using social media, fraudsters can contact many different […]