| By Casey Lim,
on 23-03-2007 02:07
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Published in : Q & A |
Well, let me ask back the question in a different manner, if we know that in the gaming business or industry such as Casino and the Lottery, the House always wins. Then why do people still want to try their luck and gamble? Or if the chance to win the national lottery is a million to one, then why the heck do people play the lottery?
The answer is quite simple, because people by nature are hopeful. They hope that that there is a legitimate opportunity out there.
Another nature of people is that we are most of the time ignorant and greedy and will always seek out more than what they have presently, like our current interest rates in our fixed deposits or our mutual fund/unit trusts. The returns can’t be seen instantly.
HYIP provides the return in a very short period of time and this is what entices people to invest in these programs even thought most of them know that it could be a scam or a ponzi, they will continue to put money in hopes that one day they will find a good and legitimate opportunity or program.
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