n Personal Finance Newsletter - Invest in a Ponzi scheme : comment
|Article Title||Invest in a Ponzi scheme : comment|
|© Publisher:||Moneyweb (Pty) Ltd|
|Journal||Personal Finance Newsletter|
|Author||Ryk Van Niekerk|
|Publication Date||Jun 2015|
|Pages||1 - 2|
One of the best lessons any investor could learn is to invest in a Ponzi scheme and realize that you have thrown money down the drain. That's because, for many, it will be the only way to learn that there is no such thing as easy money, and that the fear of missing out (FOMO) is an even more financially-destructive human emotion than greed or fear.
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