Wolf Money(portfolio update end July 2026)long post
(Image credit: Universal Pictures; Jaafar Michael in the movie, Michael) Space “ Jam ”(Scam) Scams are everywhere. The legit and the illegal. “ Remember the Time ” when a friend named “ Billie Jean ” sold you an investment that promised high return. Money gone and the friend no where to be found. At least for regulated products, investors still have legal recourse through Fidrec or the court. Some scams are hard to detect. They are sold with no clear definitions in “ Black or White .” Most scams disguise as unregulated investment, operating within the grey zone. All scams should be dealt with extra care. If the amount lost is small, it creates uncertainty over one’s ability to trust. If the amount is big, it creates a financial black hole, causing stress and eventually self-destruction. I was told of a business opportunity by a close friend. He has nothing to do with the scheme. He is a people person who enjoys meeting new people. My friend is in an organisation promoting busines...