So true. Today's release from FINRA on that exact subject may help explain why some people are more susceptible to financial fraud than others. I think the results of the study reaffirm what we see in "investors" in fraudulent penny stocks daily.
New Research Examines Why Some Consumers are More Vulnerable to Financial Scams
Individuals were more likely to lose money if they believed that:
Authority should not be challenged. Financial opportunities are a zero-sum game with clear winners and losers. The world is organized in a way that rewards good people. Asking too many questions can make a person seem ignorant.
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