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5 "Good Investments" That Are Actually Total Scams | The Financial Diet

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In this video, Chelsea discusses things we think are good investments but are actually huge money scams. Want to learn more about actual investments? Lauren walks you through the basics in this video: https://youtu.be/Wjc2GAbxyCE/.

Learn more about getting great credit no matter where you’re starting from here, with Credit Repair!
https://www.creditrepair.com/?tid=17191

For-profit higher education in the United States:
https://en.wikipedia.org/wiki/For-profit_higher_education_in_the_United_States

The Rise And Fall of For-Profit Schools:
https://www.newyorker.com/magazine/2015/11/02/the-rise-and-fall-of-for-profit-schools

For-Profit College Students Are Defaulting on Their Loans at an Alarming Rate:
http://time.com/money/5099019/for-profit-college-student-loan-default/

The Case (for and) against Multi-level Marketing:

PDF Document

The Likelihood of MLM Success:
https://www.thebalance.com/the-likelihood-of-mlm-success-1794500

Multilevel-marketing companies like LuLaRoe are forcing people into debt and psychological crisis:
https://qz.com/1039331/mlms-like-avon-and-lularoe-are-sending-people-into-debt-and-psychological-crisis/

Stock-Picking Fund Managers Are Even Worse Than We Thought At Beating the Market: http://fortune.com/2017/04/13/stock-indexes-beat-mutual-funds/

This family bet it all on bitcoin:
https://www.cnbc.com/2017/10/17/this-family-bet-it-all-on-bitcoin.html

People are mortgaging their houses to buy Bitcoin:
https://www.engadget.com/2017/12/12/bitcoin-mania-mortage-house-investors/

What Is An ICO?:
https://www.investopedia.com/news/what-ico/#ixzz5AOXvE5Jl

You Asked: Are Cleanses Healthy?:
http://time.com/3656242/cleanses-healthy/

Stop Juicing:
http://www.slate.com/articles/double_x/doublex/2013/11/juice_cleanses_not_healthy_not_virtuous_just_expensive.html

The Financial Diet site:
http://www.thefinancialdiet.com

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