Before investing in any type of business, it is a good idea to do a thorough check and know as many details as possible about the business so that you will not operate in the dark. Oil well investment opportunities are there and when you decide to invest in it, it is good to know about all the risks involved and at the same time what to expect in terms of profits. When one wants to make a big investment, oil and stock market is the most appropriate.
There is a big difference in investing in real estate and stock market from investing in the oil market. You use post dollars to invest in stock market and it means that the money you are using is what has remained after you have paid the taxes of the money you want to invest. Its completely opposite with oil investing. Lower risks are involved.
Unlike stock investment whereby your money goes into managing the corporation you have invested in, the money you invest in the oil business goes directly to its production. This is a good thing since you can actually see what you are financing and at the end of it all, you get the profits that will recover your capital.
If you are frustrated about any other type of investment, it is not good to rush somewhere else to invest. Take your time especially with energy investments since a lot of con people lark around there. Its a very profitable business and they are professional in their schemes so they will do anything to steal your money.
Boiler rooms operations or the schemes run to con people normally operates in an environment that you will suspect. They have a fully furnished office complete with desk, phones and also office workers whose unsolicited calls normally consists of how they make outstanding profits just so as to encourage you to invest with them. You have to be careful.
In a fraudulent scheme, the con artists running the operation most of the time offer a partnership that is very limited to the potential investors . These investors normally live outside the state that the con men are situated in. This is because there are fewer chances that the investors will visit their non-existent offices and also their oil sites.
If the transaction is via a telephone conversation, then you better wait till you visit their offices and confirm all about their wells and certification. Sometimes you feel the person at the end of the line is trying too much to convince you and most times they are. If there are very little risks and high profits to be made, it might be a con.
It is important to do a thorough check on a company that claims to be an investor in oil. You can never go wrong with being careful and you can never be too sure where the scam people have set up their base. Check with the business bureau in your area and know of the risks involved in oil well opportunities before risking your money.
There is a big difference in investing in real estate and stock market from investing in the oil market. You use post dollars to invest in stock market and it means that the money you are using is what has remained after you have paid the taxes of the money you want to invest. Its completely opposite with oil investing. Lower risks are involved.
Unlike stock investment whereby your money goes into managing the corporation you have invested in, the money you invest in the oil business goes directly to its production. This is a good thing since you can actually see what you are financing and at the end of it all, you get the profits that will recover your capital.
If you are frustrated about any other type of investment, it is not good to rush somewhere else to invest. Take your time especially with energy investments since a lot of con people lark around there. Its a very profitable business and they are professional in their schemes so they will do anything to steal your money.
Boiler rooms operations or the schemes run to con people normally operates in an environment that you will suspect. They have a fully furnished office complete with desk, phones and also office workers whose unsolicited calls normally consists of how they make outstanding profits just so as to encourage you to invest with them. You have to be careful.
In a fraudulent scheme, the con artists running the operation most of the time offer a partnership that is very limited to the potential investors . These investors normally live outside the state that the con men are situated in. This is because there are fewer chances that the investors will visit their non-existent offices and also their oil sites.
If the transaction is via a telephone conversation, then you better wait till you visit their offices and confirm all about their wells and certification. Sometimes you feel the person at the end of the line is trying too much to convince you and most times they are. If there are very little risks and high profits to be made, it might be a con.
It is important to do a thorough check on a company that claims to be an investor in oil. You can never go wrong with being careful and you can never be too sure where the scam people have set up their base. Check with the business bureau in your area and know of the risks involved in oil well opportunities before risking your money.
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ReplyDeleteI was convinced to buy an Oil Investment from a salesman on the phone from Sturgeon Estates. Still don`t know if Oil Wells interests were bought. Diamonds Solicitor took money for the investment and returned some supposed profit from the sale of oil for a few months.That solicitor was like a banking service for the Oil Well interests supposedly held by Eco-Energy Corp. Trouble is profits stopped arriving and then Eco-Energy Corp and Sturgeon Estates has been put into receivership by the High Court for bad business practice and suspected fraud. As I do not own direct interest with the Oil Field Operator/Licencee. I have no control of it now even If it does exist so I expect my investment is totally lost.
ReplyDeleteSeems like any investment as part of a syndicate held by a company is bad news from start to finish. I walked into the investment with optimism and no knowledge. Its feels like getting your pockets picked in a dark room.
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