Have You trust online investment

@yugasini (12839)
Anantapur, India
October 5, 2015 5:49pm CST
Hi Mylot Friends, I never tried to invest money on line, I do not trust the online sites for investment. I do not wish to loose my heard earned money by investing on online. But I have seen several on line sites saying that they will pay good returns on investment, if we invest any money in those sites initially they may pay to us and the site will create confidence to us by paying good returns, so we attract more and invest more and tell friends also about that site. After some time the site may turned its board to blank means our money gone
2 people like this
4 responses
@owstalaga (4576)
• Philippines
19 Oct 15
Yeah that usually happens. That's what happened to me a week ago. Dang it hurt. But at least I will get my refund. It's not actually an online site but a local online group. Anyway I have learned my lesson but I will still invest.
• New Delhi, India
6 Oct 15
Yes, all my investments are being made online. Moreover, I do online banking, pay all the bills online and transfer funds online. But I take necessary precautions, check the reliability of the sites and religiously log out after every transaction. Even then, during sudden power cut during transaction, I have occasionally faced problems. But that failure is less than 0.1%.
@scheng1 (24742)
• Singapore
6 Oct 15
I do not trust those sites too. I rather invest my money in traditional investment vehicles, as in the stock market and bonds. At least I know how to keep track of my investment and I also know that investing in stock market is the way to get rich.
@wiLLmaH (8236)
• Singapore, Singapore
6 Oct 15
Study first the company before giving all your trust and sum of money.