HAIDA EDUCATION

In this case, the ones making the money are truly lucky – for finding another sucker to fall for their schemes.

Why not go down to Mexico and pick up a kilo of cocaine to sell on the streets. The markup - and your legal fees – will be tremendous.

Or give all your savings to the guy you met in the bar whose paying out a “guaranteed” 50% a month interest. You brother-in-law is in on this deal, so you know it really works.

Anybody ever heard of a guy named Ponzi?

The Government Will Take Care of Everything

• There’s no such thing as a free lunch and, even though the government hands them out to anyone who asks, someone has to pay, in this case the taxpayers.
• Did you know that the percentage of people not paying income taxes in the US is approaching 50%? If nobody’s paying, where does the free lunch come from? There are only so many “wealthy” taxpayers left to soak.
• In New York City, the low income clients of the Housing Authority are being asked for “givebacks” in the form of higher fees. Social Security is on the ropes. The golden goose is beginning to run dry.

All government handouts come with strings attached. If the government gives you something, it will then want to tell you how to live. Are you ready for the trade-off?

• Great Expectations
• The long term average return of the stock market is 10% a year. However, if you do a little calculating, you see that you will never reach your goals at that rate. So you figure a 15% return.