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by hoof_marks 3693 days ago
Working in the financial industry from 2007 to 2009 the time when recession was at its deepest, i can tell you consumers had their hands burnt and fried to ashes after the markets tanked. So much that talking about investments would get their eyes wet and they would swear never to put money in the markets.

But just as markets revived post 2010 people again blindly started writing checks as per what their consultant advised. Although by this time I had moved out of the industry.

The malady is that individuals never show interest in actually learning how to make investments. And they go by heresay and greed.

I got offers to set up a financial trading terminal but as i fundamentally don't believe in trading as opposed to investments, I refused and preferred to relinquish my consultancy job.