Choose your instruction wisely

Don’t be like the villain from Indiana Jones and the Last Crusade who chose the flashiest cup from among handful of Holy Grail candidates and hit a permanent dead end. So should it be when you decide to seek the investment education you never received in school. Don’t fall for the bread and circus, high-dollar seminar extravaganzas sold by screaming pitchmen on late night television.

Here’s your first bit of instruction: If the promise is too good to be true, you’re being sold a bill of goods. It’s easy to promise the world and tag a disclaimer at the end. Believe it. These guys are good! You’ll hear claims like…

“Bankruptcy to the penthouse in two days!”

“Earn thousands daily with no effort or investment.”

“Janitor discovers secret money-making formula; available to the public for the first time ever. Call immediately to receive the formula by third class mail.”

Crap like this bombards our senses so many times over the course of a day that we become immune to it – hopefully. Tuning out ridiculous marketing ploys is your first step towards financial wisdom. But trouble comes to even the most dedicated cynic when faced with a highly skilled salesman. You think, “Maybe this one has some merit.”

The short answer is, it doesn’t. Do you think King Solomon would have purchased a high-dollar investment seminar from some guy screaming at him on late night tv? We might be going out on a limb here but our guess is, once again, not only no but heck no! Avoid the shysters and you’ll find yourself a long ways down the road to financial wisdom.

The Solomon Success Team