Why I have no kind words for speculators

Editor, I pity grown-ups who think that they can earn much money without investment and effortlessly.

Editor,

I pity grown-ups who think that they can earn much money without investment and effortlessly.

I was once approached by somebody giving me a hint on how to earn money. I told the person that if he is earning little money now, it is a way of luring him to put in more and when the whole scheme collapses, he will lose a lot of money.

He is now asking himself if the government would help him to recover his money. How will the government help, while he did not seek its advice when he was 'investing'?

Remember from now on all the pyramid businesses are questionable. So think twice before you enter that door.

This should be preached in churches because I know one church where the loss will be unbearable, as this gambit was shared somehow among all the members who had some money to invest.

Greg Gatiba, Rwanda

Reaction to the story “Former TelexFree members cry foul after bankruptcy petition” published in The New Times of April 16 2014.  

 

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