“I’m very financially stressed now. Last year I really wanted to change both my job and my lifestyle, so I put money in three high-interest investments. I calculated that the returns would be enough to pay my bills and give me extra money to start my own business. However, these investments have stopped paying interest for awhile and I don’t know how I’m going to survive.”
There’s a wave of worry and depression that’s affecting many investors today. Everywhere you go – your salon, your church, your office, or your gym – you can share in sorrowful stories of lost riches and ruined finances.
And just when you think you’ve heard it all, someone comes by with an even more devastating tale of great wealth that has disappeared in an instant.
In recent years, Jamaica has been a haven for high-yielding ‘alternative’ investments. Persons who previously had to settle for less than five per cent annual interest on foreign currency bank accounts, were thrilled at the chance to jump on the ten-per-cent-per-month train.
Finally, it seemed that average investors would be able to make their money work hard for them, so that they could quickly achieve their financial dreams.