Understanding (8/20)

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Never invest in anything that you don’t understand. In a prison interview, Bernie Madoff had the nerve to actually blame his victims for their plight when he said that anyone who looked into what he said he was doing would have been able to see it was impossible to achieve. We often don’t want to appear to be unintelligent and so we may not inquire enough for explanations of a particular investment. Scammers take advantage of that.

Contributor: Steven J.J. Weisman, Esq. from scamicide

Written by James Metcalfe

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