The Richest Man in Babylon 7

So - we are advised to make our gold multiply - in other words, to invest our monies, not just to let the monies sit around and do nothing.  As we stated earlier, this is a double-edged sword.  Yes, we want to invest our savings into some sort of profitable enterprise or something that will  make our money work for us.  If we don't, then our savings will get eaten up by inflation or, at the very least, will stagnate in value.

      But, the double-edged sword is that it is through investments that the con artists and fraudsters come calling.  We want to invest our money but we don't want to be a victim of fraud.

     In this chapter on investments, George Clayton, the author of "The Richest Man in Babylon" tells us to invest so the earnings are reasonable.  He is not telling us to invest in some scheme that promises a big payoff or a huge rate of return.  It is only through reasonable investments that work in the long term that real money is made.

     Just by following this advice alone, most pitches of con artists would reach deaf ears.

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