Get-rich-quick scheme

Get-rich-quick schemes promise high rates of return for a small investment. Most such schemes promise this high rate of return whilst at the same time promising that they are legal and risk-free. Most get rich schemes also promise that little skill or effort is required. They often assert that wealth can be obtained while also working at home. Legal and quasi legal get-rich-schemes are frequently advertised on infomercials and in magazines and newspapers. Ones that are illegal or scams are often advertised on the Internet through spam or through cold calling.

Related Topics:
Infomercial - Spam - Cold calling

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It is clearly easy to (potentially) get rich quickly if one is prepared to accept very high levels of risk -- this is the premise of the gambling industry. However, gambling offers the near-certainty of completely losing your original stake over the long term, even if it offers regular wins along the way. Economic theory states that risk-free opportunities for profit are not stable, because they will quickly be exploited by arbitrageurs. Nevertheless, many people long for wealth, and find these schemes highly desirable.

Related Topics:
Gambling - Arbitrage

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