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Old 18th Aug 2008, 12:41
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Dirigible
 
Join Date: Mar 2005
Location: Retired
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I seem to remember a few months back many investing in high risk forex trading with a company based in Caribbean, promising huge monthly returns. I think it turned out to be a Ponzi scheme, I'm not sure if anyone got badly burned, but if it is too good to be true, then invariably the best advice is to leave well alone. Moves afoot too by regulators in Dubai to curtail real estate speculation and flipping of properties, so the days of making a quick buck may be numbered. (Of course if I were always right then I would be out of the pit, not toiling for an honest wage.....)
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