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Ponzi Schemes

Wealth gotten by vanity shall be diminished: but he that gathereth by labour shall increase. 
 - Proverb 13:11

This post is about Ponzi scheme, since mid last year (2016), the name PONZI has become so common. Ponzi Scheme is simply a weird investment where the operator pays returns to its investors from new capital paid to the operator by new investor, rather than from profit earned through legitimate sources.

The Believers has been divided over this: should believers engage in Ponzi Scheme or not? What I post is purely and solely my opinion and doesn't in anyway represent the views of an individual or group of people.

I have participated in some Ponzi Schemes and have earned few sum of money. But do you know that the First characteristic of a Ponzi scheme is that IT MUST CRASH no matter how long it takes. To me, someone somewhere is still going to lose out at the end of the day. So the question is should we engaged in it? God can bless you so quickly but not through short-cut schemes. Two plus Two will always be Four. God is not a magicians that makes Two plus Two equal Five.

While Ponzi scheme has help some people, some people has lost a great deal of money, even money borrowed.

MY ADVICE: In Ponzi Scheme, anything can happen. I advise you not to do it but if you must do it, do it with your spare money. Don't ever borrow money to participate in a Ponzi scheme.  Always know this: no matter how long, A Ponzi Scheme Must Crash. It is not a matter if but of when.

Please be guided financially. It's a beautiful day, Good Morning to you beloved!

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