RE: AskLeo - Why do many (including newbies) neglect basic concepts when investing?

Never invest what you can't afford to miss is one visal thing they don't understand in my part of the world.

I have seen a lot of events, which one of them happened to my sister, that they are faced with investing in a get rich quick sceme.

Most times it goes like, invest an amount of money, and in a week time get double back.

Some people went to the extent of borrowing millions of naira to start it when they heard others are actually getting paid.

Eventually, most people got their money stucked, the platform crashed and left investors with regrets.

What do you think we can do to reduce internet scams??.