Planet Wealth

A Ponzi scheme is a fraudulent investment operation that pays returns to investors from their own money or money paid by subsequent investors rather than from any actual profit earned. The Ponzi scheme usually offers returns that other investments cannot guarantee in order to entice new investors, in the form of short-term returns that are either abnormally high or unusually consistent. The perpetuation of the returns that a Ponzi scheme advertises and pays requires an ever-increasing flow of money from investors in order to keep the scheme going.

The system is destined to collapse because the earnings, if any, are less than the payments. Usually, the scheme is interrupted by legal authorities before it collapses because a Ponzi scheme is suspected or because the promoter is selling unregistered securities. As more investors become involved, the likelihood of the scheme coming to the attention of authorities increases.

The biggest of all time has been the recent revelation that Bernie Madoff's firm was pretty much a giant Ponzi scheme. Why was he found out? Simply when the stockmarket crashed new investors dried up and existing investors wanted their money back - and as they found out the money wasn't there.

Plenty of smart people got caught up investing in Bernie's company and many of them have lost everything. Why? Because they trusted someone else to look after their money.

At Planet Wealth we try to educate people on the stockmarket with easy to understand language in our E-Books and commentary on our forums and Trading Diaries. We don't want your investment funds and nor do we solicit for them.

We don't believe anyone should just give someone else control over their life's savings. The Autotrade service works much the same way as if you just opened an account yourself and started trading. The difference is you give a third party broker, that has nothing to do with Planet Wealth and is regulated by the US government, authority to copy our trades onto your account. It is your account, it is in your name and we have no access to your money. So if you don't like what is happening on your account you can opt out at any time and take your money back. It gives you control over your account with the benefit of being able to copy those trades that experienced investors have identified.

To find out more just go to www.planet-wealth.com/trade-copying-service