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Wednesday, March 24, 2010

CBC News - Money - Investors worry after financial 'guru' kills self

I often ask myself  why good, intelligent people get duped the way they are getting duped left, right and centre? Is it greed, thinking that they can get something for nothing, stereotyping people to their disadvantage? or plain naieve?  I believe it is all of that.
Mother always told me if something sounds too good to be true, go with your gut instinct, it is not true.
I also get frustrated when I hear people say, he was a respectable man, you never thought he would do something like this? These so called respectable people are exactly the ones who you have to watch. Because they dress like decent men and women does not make them decent people, not subject to the same temptation as the poor man in the street. In fact they have a greater temptation to steal to maintain the fake highfalutin lifestyle your money has got them accustomed to. They would lie and cheat to be show offs with other  people's money.
When it comes to one's hard earned savings, one should do do diligence and check and double check what one is being told. When would people learn that you do not just give your money away and folk your arms and hope to make millions. Your greed will make you a sucker every time. Use your common sense - who out there could guarantee you returns on your investment that no one else can? Society and that includes all of us pay for these avoidable mistakes people make. That's not fair.

CBC News - Money - Investors worry after financial 'guru' kills self

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