INVESTMENT AND SAVINGS. What do you say about ponzi scheme?

Do you know ponzi scheme has changed peoples mindset about investing.
From my research, i have observed that, many lose their hard earned money to ponzi scheme keeping it unveiled since nothing can be done.

I was talking to a brother, that sunny afternoon when our discussion jumped into investing and he said angrily; 'why should i invest'... Is that not a pretty stupid thing to say? Yes, maybe he got reasons.

Curiously, i wanted to know his opinion about investing when i told him 'when you save your money without investing you will eventually go poor' that got his attention.

Finally, he told me stories of how he lost money to ponzi scheme on different occurrence. Ponzi scheme i exclaimed.

Ponzi scheme is a plan to making money that involves encouraging people to invest by offering them a high rate of interest and using their money to pay earlier investors, people who have recently invest lose their money. Isn't that heartbreaking?

Never should you invest into ponzi scheme, there are better investment opportunity like real estates, cryptocurrencies, foreign exchange, stocks and many more.

I suggest an alarm should be raised against ponzi scheme. #say no to Ponzi scheme