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"Psst. Hey, I got something for you - the perfect investment.
"It's gonna give you 5% to 7% in income, plus appreciation. It does better than the stocks in down markets, and there's loads of upside potential when stocks are riding high.
"There's options trading, too, but get this: You don't have to worry about 'em - the fund manager's gonna take care of that.
"You in? Just sign here..."
That sounds pretty compelling, right? Income, appreciation, outperformance, and no trades to execute.
There's just one flaw: It's complete crap - and expensive, too.
So, naturally, it's selling like hotcakes, with investors falling for it hook, line, and sinker all over the place.
Let me show you what's really going on with this investing craze - and why you don't want to be anywhere near it.
About the Author
Tim Melvin is an unlikely investment expert by any measure. Raised in the "projects" of Baltimore by a single mother, he never attended college and started out as a door-to-door vacuum salesman. But he knew the real money was in the stock market, so he set sights on investing - and by sheer force of determination, he eventually became a financial advisor to millionaires. Today, after 30 years of managing money for some of the wealthiest people in the world, he draws on his experience to help investors find "unreasonably good" bargain stocks, multiply profits, and build their nest eggs. Tim tirelessly works to find overlooked "hidden gems" in the stock market, drawing on the research of legendary investors like Benjamin Graham, Walter Schloss, and Marty Whitman. He has written and lectured extensively on the markets, with work appearing on Benzinga, Real Money, Daily Speculations, and more. He has published several books in the "Little Book of" Investment Series and a "Junior Chamber Course" geared towards young adults that teaches Graham's principles and techniques to a new generation of investors. Today, he serves as the Special Situations Strategist at Money Morning and the editor of "Max Wealth."