Nov 2, 2010
Ever think that just possibly, rich people can be found on phone lists purchased by LEGITIMATE investment projects? How else does money get raised? OSMOSIS? While I never had to phone investors, I sure saw some fine and well-thought out investments for my clients that were offered to them by these kind of solicitations. Of course, you have to do due dilligence, and only a fool would invest from phone information. But if things check out, in writing, I never once hesitated to advise my clients to invest just because they heard about it from an original phone call, followed by WRITTEN CONTRACTS and due dilligence. Unfortunately there are a lot of scams out there...but just do not send money without checking them out. However, very good investments, especially in mining, drilling, and smaller natural resource investments are commonly GENERAL PARTNERSHIPS which do not require SEC registration although the gov't would love to regulate ALL COMMERCE and kill common sense and taking chances. I fear we would have never built dams, bridges, oil wells, or gold mines with today's mindset. Guts makes the world...and like it or not, rich people get deals thrown their way...sometimes by phone.