That foreign direct investment (FDI) is a valuable undertaking that all nations strive to attract and sustain is well known and well discussed in the literature. However, a systematic study and/or analysis of how some countries invest much in attracting FDI, but with poor results, is lacking. This paper contributes by analyzing the incessant efforts which countries make to attract FDI with very dissatisfying results. One important conclusion from this study is that while a country uses numerous incentives and alleged macro and micro policies as means to bring in much FDI, potential investors might not respond because they might be thinking about areas where they could profitably and securely put their resources to use. Ghana is a case in point when looking at a country that has not succeeded well, in spite of investments in attracting FDI.