Reply #80: But where do you draw the line? [View All]

What if someone tells you that an investment is good, and it turns out not to be good. Do you just get to scream "Fraud" because you lost money? (I'm not talking a Ponzi scheme or something that IS illegal - i'm talking about a normal investment that didn't pan out).

My point is there are 2 sides to this - and if you allow anyone to scream "Fraud" and get their money back everytime they lose money over a bad deal - then no deal stands, ever. That's part of the risk...

Dude said the end of the world was coming on May 21st and asked (did not force) for money. If you gave him the money, you were in turn hoping to perhaps "buy" yourself some "salvation". It was a risk. You give your money away to save yourself, and the end of the world doesn't come - you're stuck on earth with no money.