Opinions expressed by Entrepreneur contributors are their very own.
When you’ve just lately obtained an e-mail from a Nigerian Prince asking for a small sum of cash now to assist him out of a monetary bind, do not trouble. I’ve already paid it and needs to be receiving an expeditious reward within the type of gold bricks. It is an ideal feeling.
Thank goodness I did not fall for any scams. You are most likely acquainted with them; The Ponzi scheme, for instance, whereby present buyers are paid solely by new buyers till the jig is up and the brand new buyers dry up. With out naming names, one very well-known monetary advisor used this ruse and Madoff with tens of millions.