These 8 Investments Are a Guaranteed Way to Lose Money

1. Penny Stocks

You might start with simple money matters like who pays for dinner and if you like your job. After some practice, you can talk about debt and financial goals.

2. High-fee Mutual Funds

Consider how hefty fees can steadily eat away at your investment earnings. This is what can happen with high-fee mutual funds. 

3. Pyramid Schemes

Pyramid schemes are unlawful and are doomed to fail, leaving the majority of participants with empty pockets and broken ambitions.

4. Overpriced Collectibles

The value of collectibles can be highly subjective and may not rise as expected. You could end up with a costly item that no one wants, which is not a good situation.

5. Unregulated Cryptocurrencies

Exploring unknown cryptocurrencies can be akin to going into a minefield. Their rates can fluctuate dramatically and may not be secure, leaving you open to hackers and frauds. 

6. Timeshares

Timeshares may sound like a dream come true, but they sometimes come with high maintenance fees and low resale values. 

7. High-yield Bonds From Unstable Companies

High-yield bonds may appear appealing due to their enticing interest rates, but proceed with caution! These bonds are more likely to default when issued by troubled corporations. 

8. Leveraged ETFs

Consider leveraged ETFs to be a roller coaster ride that can take you to exciting heights as well as deep lows.