Is It A Duck?
Tags: No Tags.Jude just posted that a few of us were talking in a conference. One of the things we were discussing was Leo’s excellent advice on “The Problems With Forums. Why You Should do Due Diligence on Posters in Threadsâ€, located in DrunksWorld. (Read it! It’s extremely useful when you are trying to decide on joining a program or re-investing in one.) We were also discussing the SEC investigating Global Online Deposit news. Read the full story here. That lead to a conversation on how programs call investing different terms, like “loanâ€, “depositâ€, “membership feeâ€, “ad packâ€, etc.
The subjects reminded me of an old saying:
“If it walks like a duck and quacks like a duck, but they call it a goose, then it is still a duck!â€
Another version of this can be applied to programs that quit functioning, usually quitting payouts:
“If it walks like a duck and quacks like a duck, but doesn’t swim, then it is a dead duck!â€
JMO,
Sharon
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