The Worst Ways To Invest Your Money
Generally, the world is seemingly casual but it is the most cruel concrete and steel jungle, without funds and a steady flow of resources, daily living becomes stressful and hard to bear. To survive you need to continuously grind and hustle each day as a common person in todays society, even the elite need to continuously delve into various industries and saturate the market from different angles to remain in the flow for as long as possible. It's tough on the first generation to lay a foundation for generational wealth therefore it is absolutely not okay to lose money for no reason.
Today I'll be highlighting the worst ways to invest money based on the current economic situations around us and the century
- Ponzi Schemes
These Ponzi scheme are usually programmed with an understanding of human psychology in mind thereby making participants think they can keep making money from a scheme that requires only investment and nothing more. The most ridiculous is the return on investment (ROI) which is usually tempting and makes people salivate and pool fund together to dump in an account without a base for refund if trouble happens and it ends abruptly.
To all my readers out there, Ponzi schemes only serve to enrich it's owners, make a few people laugh whilst making other despair.
- Gambling
The biggest issue of them all is that gambling is legalized all over the world, whilst there certain countries where it is prohibited, it's stink is everywhere in the world. the most affected age group is 13-35 years, this age bracket have a less stable mindset and are easily affected by the society because the reality of life hasn't caught up with them.
These are the only two I find the need to speak about due to the large amount of money lost yearly and the despair is causes, derailing youths from doing anything meaningful with their lives when they actually can, thereby restricting their potential, if this continues, the entirety of the world's economy will be in the hands of a select few with no chance to break free from the bond of the elite.
Great day ahead!
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