Consumers who plan to attend free seminars should be
aware that in most cases the presenters will promote products and services that
are for sale. The Better Business Bureau offers tips to help you recognize good
financial seminars from those that don’t always have your best interests in mind.
It’s hard to resist. In your mail sits an invitation to attend a “once-in-a-lifetime”
financial seminar that promises to share “unique wealth-creating secrets and business-building
strategies.” Enclosed are two tickets “valued” at $149 each.
Who would turn down an offer to learn how to “regularly buy real estate for 31 percent
to 48 percent below value?” Or how to “legally cut all capital gains tax to ‘O’
on the sale of real estate, stocks or your business.’ And you probably want to know
how to “lower your tax bill by 31 percent.” Not 30 percent, but 31 percent.
If that’s not enough to pique your interest, you’re also promised that you can “retire
in 2 to 5 years with an additional cash flow of $9,100 per month” and that you can
“structure your business properly and 100 percent protect your assets from all lawsuits,
liens, levies, bankruptcy, or even a divorce.”
And did you know there are government-approved investments guaranteeing 16 to 36
percent?
Once again, the Mountain States Better Business warns that if it sounds too good
to be true, it most likely is.
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