You know, it takes a lot to work hard all your life, save your money, and to invest it properly. There are far too many investment schemes that just don't work, and far too many non-regulated securities. It's not really fair for someone who's worked hard and earned money to lose it in a bad investment, which was based on trickery and disreputable inducement. This is not to say they shouldn't participate in the free market economy, or that entrepreneurs and investors should not take risks.
What I'm trying to say is there are too many shysters, and as of late far too many alternative energy investment schemes which will never produce any return on investment. Now there are many people who are completely passionate about what they are doing, and they really believe in alternative energy sector, and most of them have just gotten out of college, and they have been brainwashed by academia, and overblown media reports of global warming.
Still, as an investor you must be prudent, and realize that the alternative energy sector is the next bubble, and far too many people are investing in things which just won't work, if you are an angel investor save your money. Not too long ago, I was contacted by someone who had a tubular wind generating contraption which blue like a kite.
The tether that held the object was its power cord. Although it was designed by an MIT graduate student who apparently knows what he's doing, and was supported by a Harvard MBA business manager, along with a Harvard lawyer to help with the patents, deal-making, and venture capital agreements, the reality is there invention will not work.
That is not to say that they won't eventually get it to work, after they burn through millions of dollars and prototypes figuring out the mistakes they've made. However when I was talking to them I asked them about 15 questions, and they could answer very few of them. In other words, they don't know what they are doing, and they're going to burn through capital, and even Department of Energy grants, which have been allotted by the taxpayer.
The reality is that we are throwing money in investments and nonsensical alternative energy projects which will never provide a return on investment, which will never work, and are ill thought out. And we're doing this because we want a pollution free society, because we've been told that carbon dioxide is bad, and that humans have too large of a carbon footprint, but that's nonsense.
If you want to go ahead and invest in one of these crazy new inventions or alternative energy schemes, go ahead. However, I am warning you that you should not expect your money back, or any return, rather you can watch your money ride off into the sunset and sing the tune; "one tin soldier rides away." Please consider all this.
Lance Winslow is a retired Founder of a Nationwide Franchise Chain, and now runs the Online Think Tank. Lance Winslow believes writing 21,600 articles was a lot of work - because all the letters on his keyboard are now worn off..
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