As from April 2013 my Journey in Investing is to create Retirement Income for Life till 80 years old for two over market cycles of Bull and Bear.

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"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

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Friday, 2 November 2012

Is life sometime cruel to the innocent (naive, kiasi) when come to investment? (2)

Just For Thinking ...

Read? Is life sometime cruel to the innocent (naive, kiasi) when come to investment?


Did these investment idea or scheme started off by the founders as Ponzi???


Don't think so.

It is more like the founders smelling the blood of more and more naive and kiasu investors seeing how earlier investors boosting of their high return from their investment.

Late comers become kiasu and jump in???

This investment scheme then evolves into Ponzi???

Then blame who???







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