Investments

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THIS IS WORTH MENTIONING.

Do you know why Ponzi schemes flourished and made away with lots of people's money? I'll tell you...

1. People are lazy: They like to hear "Put in your money and do nothing. The money will double itself." So they told people what they like to hear, and those people's money kept flowing into the ponzi schemers' pockets.

2. People are greedy: Put in #10 and u will get back #1 million in one month. Once you hear that sound, the greed takes over, and you hand over the money.

3. People like instant reward: The law of business says you invest in a business, you build the business for sometime, and then the business rewards you with passive income for life. But people want to put in their money today and start getting rich tomorrow. That's not business, that's gambling.

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Investments | Ecency