Poe Reginald’s Almanac

I have used Benjamin Franklin’s Poor Richard’s Almanac as inspiration for my Poe Reginald’s Almanac blog spot – commonsense advice and facts that should be useful to you in your day to day business and life. The quote below from Poor Richard introduces today’s message:

"He that sells upon trust, loses many friends, and always wants money."

This means beware of the money adviser who says to “trust me” and offers little else in the way of proof of honesty – we see that in the every day financial news – this is the classic prescription for a Ponzi Scheme – the operator needs new money, which he gets from trust, i.e., word of mouth, to pay off old investors demanding there money.

Reginald Poe Carelock