Wednesday, 1 March 2017
QUESTIONS TO ASK YOURSELF BEFORE INVESTING IN A PONZI SCHEME 2
In continuation of our previous post on “QUESTIONS TO ASK YOURSELF BEFORE INVESTING IN A PONZI SCHEME,” we shall be putting some salient points into consideration in our today’s exposition. They are but not limited to:
Site security:
What the site in question put in place to check hacking
and related invasion shouldn’t be overlooked. It is worthy of note that the more the site gets popular, the more likelihood miscreants will try to infiltrate it security. If you are not sure of the site’s security, it is like you wanted to put your money in the bank, and you are not sure of it safety and you don’t want to know. That is why many sites on investment and internet related business will first of all tell you what you stand to gain, and then what they put in place for security.
The simplest form of notable security that will tell you whether or not the site is serious with security is the sites encryption. The site encryption prevents the browser from redirecting you to other sites when you want to log in. Certain times you wonder why you wanted to go to a particular site and it is leading to Konga, Alibaba, and other related sites that you didn’t bargain. This is because the site you intended visiting was not encrypted. Imagine people coming to your shop been led to another shop because the persons responsible to lead them to you are not on ground. It may not be necessary at the onset but as time goes on other people may start redirecting your visitors to their shops without your knowledge. Thus if you are serious with business the way your neighbour is, you will look for boys that will make sure your customers are not misled . Your boys in this case is represented by an ‘s’. That is why some web address starts with, https://… and others are only http://... Those that are http without an ‘s’ are not encrypted.
You see any site that is serious with business will not take this for granted. But don’t conclude that an encrypted site is safe from hacking; nothing can’t be hacked that’s why Facebook pays people that notices any of their security flaws and inform them.
The company’s business development plan:
A company’s plan for the future will determine if they will stay for some time or not. It tells you if the company really plan to say as long as possible. Why would you want to invest where you can tell of their tomorrow plan? You should know that a company that wants to collect your money without stating clearly how they intend to improve on their services is not worth handling your money. If the company assures you that they have a five years development plan and you came into the picture three years along the line, you need to find out which of their development plan they have implemented and how many are successful. This will assure you that everything been equal, they will not fold soon. You may browse and know the history of any company on the net; it is not a hard thing to do.
Company’s online infrastructure and presence:
A company that claim to be multimillion dollar worth involved in online business should at least be everywhere online. That is to say they shouldn’t be scarce. If they can’t at least develop an android application for quick access and navigation of their site, they should at least have numerous videos on YouTube that will explain what and what the site is involved in. I will be very confident in investing in a company when I check the net and there are plenty videos explaining how the company works from different individual. If the company goes a long way to produce an android application for accessibility of it site, it goes a long way to tell me that the company is serious for business and not willing to fold any time soon.
Customer support:
A company that is willing to take care of money and watch it grow, should be able to respond promptly to all complains by the customer. Imagine investing some money for an upward of six months and a simple question is not answered. Although some companies depends on the frequently asked questions and don’t respond to similar questions when asked repeatedly. But at least there should be a respond to an email directing the investor to the FAQs. A company too busy to respond to complains may be telling you to your face that your money or emotion is insignificant. It means they are not penny wise pounds foolish, which goes a long way to tell you that they may not be careful about small leakages and waste. In essence that is to say they may soon be counting loss and that will involve your money. I usually test them first my a minute investment and they responses will determine if I will increase my investment or not.
What do people say?
You can fool a man but not a whole village. If you are convinced, you need to know what others say before you put your hands in your pocket. That is to say, before you invest, it won’t be out of place to navigate the net to find out what others are saying about the place you want to put your money. When all the reviews are negative, then it is better you forget it, if you have some positive and others negative reviews, then it will be good you risk some little. If you find none negative then the company is new and much people don’t know about it yet, that is to say you are almost making yourself the rat that bells the cat.
Forget not to go through the site for other things that may interest you
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