For those who drank the MLM / Network Marketing Kool-aid — "I told you so!"

Typical drivel spewed by MLM recruiters:

We have entered an era whereby imagination is much more important than knowledge and creativity, much more effective than productivity . . ..

         (A senior executive of a MLM firm)

Translation:

The road to riches is to sell imaginary profits to ignorant, lazy people.

More here.

There is a reason why the Monetary Authority of Singapore (MAS) compiles an Investor Alert List. Use it.


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SG$12,000. That's quite a princely sum to confirm that you are a doofus.

Next time, check your greed at the door, not your brain.