|
Is Michael
Parnessction a
Scammer?
|
|
The story of Michael Parness is an interesting one; he went
from park bench to college graduate in just a few short years.
After making $150,000 in his sports memorabilia business,
Michael Parness lost nearly his entire savings on bad
advice.
After losing it all, Parness
studied the market and market psychology so that he would know
the business inside and out. With careful investments based on
his research, Parness is now a multimillionaire and
gladly shares with readers a number of strategies that have
worked for him in various markets.
Despite his method late-night infomercials, the method
taught by Parness actually encourages investors to learn about
the market. A marked difference among many others pedaling fast
wealth is that Parness also allows each individual to determine
how much or how little risk they want to endure to make
money.
Although his style is somewhat different, there is no
argument that Michael Parness provides readers with more
information to succeed, setting him apart from his
contemporaries.
Unfortunately I find the same problems with Parness that I
have found with many financial gurus that claim to teach me
about wealth expansion; no solid advice or evidence. What does
not set Parness apart from the pact is his reliance on
anecdotal evidence as fact.
Parness has made money apparently with his system I would
argue that most of his financial success has come from his
infomercials, books, and pricey services to help you on the
path to financial freedom.
The systems and services offered by Parness do seem to work,
but not for everyone. Before you make the decision to shell out
your hard earned dollars for his services consider other
business ventures that require less risk.
Remember that prior to his teachings as a financial wizard,
Parness was already a successful business man with the tools to
succeed in other areas. If you don’t have the capital to invest
heavily, and if you can’t afford to lose a large sum of money
then this system isn’t right for you.
However, if you have extra money lying around that you’re
eager to invest/lose, with a little hard work and doggedness
you could make the Michael Parness system work for you.
Through his books and infomercials Michael Parness does
offer information that one can use if interested in becoming a
professional trader. However if your goal is financial
independence there are many other ways to go about it than
becoming a full time trader.
Learning to trade is a process that takes a long time and
despite the success of Mr. Parness, it is not something that
can be conquered in a few short months. Trading stocks is a
complicated matter that requires a wealth of knowledge, not a
B.S. in English.
Mr. Parness can certainly give you some of the tools you
will need to become a successful trader, but paying money for
his books and courses is no guarantee that financial success is
yours. Stock trading is competitive and risky, and if you don’t
have the money to risk then your business venture will be
short-lived and you will be back to square one.
If making your money work for you is your goal, there are
much easier ways to go about it than following the advice of
Michael Parness.
I work online with a method where you can make several
hundred dollars for a couple hours of work, whenever you have
time.
If you want you can join
my insider team where we share the businesses that
are really working. Along with tips on how we use
them. It is free to join, just let me know where to
send the info...
Click Here
so I can send you my Insider Sign
Up.
Good
Luck,
Sarah
Newman
|