Greed and desire are in our DNA! Why do we have financial crisis now? Our DNA suddenly mutate and make us more greedy! I don't think so! There must be factors that allow our greedy to double, triple.....
If everyone of us is not greedy and put all our saving in 10 years GIC; do you think those investment bankers would have any money to invest? We all want 10%, 15%, 20% or even 50% annual yield and this is why invest our money instead of putting our money in saving account!
Ask yourself where do the investment bankers get their money to invest! Just rich people? Where did American get all the easy and cheap money for their mortage? We do; as matter of fact, China is the #1 lender! Why?
If everyone of us is not greedy and put all our saving in 10 years GIC; do you think those investment bankers would have any money to invest? We all want 10%, 15%, 20% or even 50% annual yield and this is why invest our money instead of putting our money in saving account!
Ask yourself where do the investment bankers get their money to invest! Just rich people? Where did American get all the easy and cheap money for their mortage? We do; as matter of fact, China is the #1 lender! Why?