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Re: ElderWolf post# 67154

Tuesday, 03/04/2008 9:27:52 AM

Tuesday, March 04, 2008 9:27:52 AM

Post# of 78729
Elder....many older folks (perhaps even a majority) have two
strong motivations. One is a desire to NOT be a financial
burden on their children and the other is to leave a financial
legacy for their children in order that they might have a
higher degree of comfort than the parent did. These two
desires make them targets for scamsters who play on those
emotions. When you add the "sincerety" of the scamster and
his "Christianity" and prayers, etc., you have a combo that
non-Warren Buffett elderly have difficulty resisting. Yes,
they made a foolish move and yes, it is not smart investing.
That "fault" of theirs doesn't give any scamster the right
to take advantage of them and have the blame placed on the
victim.

cheers

PS Guinness is good for you.

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