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The motivation of your friends to put many in Wirecard stock probably less about investment and more about gamblng. I guess, they didnt invest their life's savi
by dr_faustus 6y ago
The motivation of your friends to put many in Wirecard stock probably less about investment and more about gamblng. I guess, they didnt invest their life's savings but just some money the had not better use for right now. In these times of zero risk free returns (and even low returns on junk bonds), investing in distressed assets can be a good strategy if you have the stomach to lose it all.
- allendoerfer 6y agoProbably true. But to me that's still disgusting. I belong to a social class, which can put an amount of money you could use to feed a family in the first world for an entire year into a company that's probably a pyramid scheme without even blinking an eye. Just makes you think, what kind of stuff people above us could do.