Warning: Do not invest in pyramid schemes. They are like a never-ending staircase of doom. You start with a dream, but end up with a financial sinkhole.
Here are some telltale signs of a pyramid scheme:
- Too many people are trying to recruit you.
- They promise you'll get rich quick, but you have to invest first.
- The person running the scheme is a "successful business owner."
- You have to attend a "seminar" to learn more.
Don't fall for it! Stay safe, stay sane, and stay away from pyramid schemes.
Or, if you're feeling brave, read more about the financial red flags.