Tuesday, October 7, 2008

Is Stock Assault 2.0 a Scam?

There is no question that the stock market and Wall Street have been dominating the news in the past few weeks, but I am surprised that, despite all of the hurley burley, Stock Assault 2.0 has been pretty much out of the discussion. Even though it may be under the radar, Stock Assault 2.0 is something that bears watching.

If someone offers you a deal that sounds too good to be true, the chances are it may be a scam. But let's look closer. Stock Assault 2.0 is a software program that picks stocks. Its promoters describe it as a stock picking robot with artificial intelligence. Their marketing text suggests a return on investment of as much as 13,000%, and that if you put in $500 you could take out $65,000. These are claims that certainly get our suspicious glands activated. But on the other hand, the operation looks pretty transparent.

Stock Assault 2.0 is sold with a 60-day 100% money-back guarantee. What is more, you can download a free demo to check out for yourself how it works and whether you think it is a viable way for you to profit from investments.

Our conclusion is that the software is worth doing some due diligence to investigate further. Of course you can't get involved in the stock market or any kind of investment without having an element of risk involved, and nobody should ever invest more than they can afford to lose. But we like the fact that the Stock Assault 2.0 people advise that investors start with as little as $50 and then see how it goes. There are lots of people who have just lost thousands and more whose portfolio has dropped by tens of thousands and hundreds of thousands. If I can get a robot who can pick stocks more smartly than a human can, I guess it's worth looking into.

Here is a link to more information about Stock Assault 2.0