There are three kinds of stupid (Global Online goes belly up)

Welcome to the world of "passive income" and get rich quick. I had made mention of this importer I had invested in. I also managed to get others to put money into it. Well, the end result of Global is here: http://www.grassmueckgroup.com/global_online.php

Yep, thing went belly up. It was bad that I was out $600, but worse that I promoted it, costing people more money. I do have shame over it.

Anyhow, I might as well bring up a topic I had in mind in relation to this. This was stupid on my part. The area I played in here was one of high risk, because made you violate a basic principle of investing, that being to do your due dilligence and get the financials for any investment you do. You need to seriously crunch the numbers before you do anything. Unfortunately, when you play in the area of HYIPs and grey area investments, you have no chance of seeing the books. So, you are doing a crapshoot. In most cases, you will end up losing.

Ok, now back to three kinds of stupid. These kinds of stupid are see in the cartoon, Aqua Teen Hunger Force. They have three main characters in it. One character is child-like in nature, and ignorant of the world, and easily duped. Another one has major character flaws, a lack of integrity, and outright greed. The third is intellectually smart, but fails in the area of practical intelligence and understanding the world. All three of these are types of stupid that if someone displays any, they are likely to run into serious problems in making bad decisions.

Unfortunately, my involvement with Global likely involved all three, and blind trust in places I shouldn't have.