Are Free Investment Seminars a Waste of Money?
When somebody mentions a 'Free Investment Seminar' what is the first thing that pops into your head? Most people's initial reaction is 'SCAM'. Our parents have taught us that 'nothing in life is for free', so why on earth would somebody want to give us valuable information and not expect to get anything in return? Then just as we are about to completely dismiss this idea of a free investment seminar the optimist within us pops up and makes us think twice "maybe they do genuinely want to help me"?
So the question still remains, if you see a Free Investment Seminar what should you do? Go and see what it's all about or would that be a waste of your money. You might be asking how can a free investment seminar be a waste of money when it is free? I believe that the most important and expensive thing in our life is 'time', remember the saying 'time is money'. Therefore if I go to a free investment seminar I don't learn anything then technically I have wasted my money. Secondly is there really such a thing as a 'Free Investment Seminar'? Surely nothing in life is really for free? Is it?
It probably is true that a free investment seminar is going to have some sort of catch or back ended product that the speaker will be trying to sell, but is does this mean that you shouldn't attend? Yes and No, I have attended many free seminars and from my experience about 70% were very beneficial. On the other hand there is nothing worse than sitting through a few hours of a long winded sales pitch, so if this is the case I would recommend that you stop wasting your time (money) and leave.
If the speaker is honest and upfront then you should be able to gain valuable knowledge whether or not you buy the product. Why is it then that the majority of people who attend Free Investment Seminars don't even come close to achieving results that the seminar proclaims they can? This might sound strange but I believe that the reason is because the seminar was free in the first place. Let me explain myself - In order to get 'value' into your life you need to 'invest' something. The more you invest into something the more you expect to gain form it. Have you ever been lucky enough to find some money? If you have, can you remember if placed the same level of value onto your 'free' money compared to the money that you had to work hard for? Probably not, instead you might have spent it on something you usually wouldn't buy simply because you didn't have to 'invest' anything to get the money. So does this mean that free investment seminars are a waste of time? No, it means two things
1. The impact of things are not directly related to their
price tag
2. People need to value their 'time' more and consider anything they do
to be an investment.
There are a few distinctions that I would like to make clear about the above statement's. This does not mean that you will never have to pay for good information and it definitely doesn't mean that you should listen to advice from anyone.
"The most expensive advice you will ever get, is free from poor people" - Kurek Ashley
Unfortunately this is one of the main reasons why lots of poor people will remain poor. If you told your friends that you were going to go to a free investment seminar they would probably laugh and you and tell you that it's a scam. It is up to you to be strong enough to make your own mind up. Who knows it may turn out to be a scam but if you approach things with an open mind you never know what you might learn. Always remember - steer clear of expensive advice from poor people and be open to free advice from rich people. Who knows that free investment seminar might be worth wasting your time on after all.