Scams, Ponzis and Pyramids

Before we get started, let’s first define these terms in the title. According to the Merriam-Webster dictionary, a scam is ‘a fraudulent or deceptive act or operation’. A Ponzi scheme is defined as ‘an investment swindle in which some early investors are paid off with money put up by later ones in order to encourage more and bigger risks’, while a pyramid scheme is, and I quote, ‘a usually illegal operation in which participants pay to join and profit mainly...

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The Motivation of Setting Goals

I'd like to be wealthy. I'm sure the majority of us might think the same thing. But, it's futile to simply wish for something and not have any specific plan to achieve it. It's like dreaming of how you'd spend your lottery winnings. Good luck. I remember in a college class in Humanities, I think...years ago, that we had a project in planning for our future. We started with setting goals for 20 years from now. Then, to get to...

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