Fool & his/her money quickly part ways
I've been watching with interest the news item
about the "cheating couple".
Apparently, they have "looted" over Rs. 500
crores. This figure may be disputed, but indications are that the amount
involved is huge.
What did they promise?
Here's a summary based on what I saw on TV News
Channels:
|
The
"Promise"
Hey folks, please deposit a sum of Rs. xxx with us.
You'll be paid an interest of
This essentially implies that you will more than double your money in
much less than a year!
Hey friends, come, come quickly and put in all the money that you can
right away with us!
|
This promise reminds of the story about the "old,
unfit tiger" which used the garb of "having renounced the world" to attract
naive innocent victims only to kill them and eat them up.
When someone promises to double your money in 6-7
months, obviously there must be a catch in it. Especially when the bank deposits
give you a return of less than 10% per annum. Especially when one of the
greatest investors of all time, Warren Buffett generates a return of less than
30% per annum.
If you still get tempted and put in your
hard-earned money with the couple who promised you to double your money in less
than a year,
YOU DESERVE TO LOSE ALL YOUR MONEY.
I'll certainly not have any sympathy for you -
I'll not even admit that the couple has cheated you.
|
A fool and his/her
money
Deserve to part
ways
No
regrets!
|
Regards,
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