According to the Business Times report Profitable Plots urged to explain defaults to investors retirees made up a large majority of the investors in Profitable Plots. One retiree by the name of Michelle invested her entire life savings in the company. However, in 2009 due to an eye problem she requested that her investments be liquidated which was not possible. To date, she has lost sight of one eye.

What are the things we can learn from this fiasco? The following are my advice:

1. Be diversified in investments. Do not sink all your eggs into a one basket regardless of how good the potential returns will be.

2. It is OK to earn 0% in the fixed deposit. There is nothing to be ashame about. Invest according to one’s comfort level. Better to earn 0% in return than to lose the entire capital in high risk investments.

3. For hospitalization and surgical ...