It’s GREED to want to make money in investments?
“Its GREED to want to make money in investments?”
The old saying “if it’s too good to be true ...” comes into play — so yes, an element of greed does exist when you go with an unknown with a promise of high returns and no sound basis for it.
It’s certainly not wise or prudent to invest in insecure assets when you’re close to retirement.
Wanting a profit is the greatest driving force in our economy, but "pigs get fat, hogs get slaughtered". Commonsense dictates examining risk vs return. Leaving all your money in one place when you retire is not very smart.
Wanting to increase your wealth, status and position, and to insure that your children have it good is natural and is not greed. Being blinded by such good news that you turn your brain off and don’t even stop to think “if it seems to good to be true it probably is”, is a solid indicator of sheer greed. Starry eyed greed seen through rose colored glasses.
Not if the returns are reasonable.
Greed when it "is too good to be true," and common sense is ignored.
These people never heard of pyramid schemes?