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In the last few days, I've heard stories from 3 different people .. all very different .. and how they (irrationally) trusted people about money or something valuable.
One story was about buying a teenager a "sexy" car they saw at a used car lot, knowing nothing about the reliability of that model, or the dealer. The other was a friend who loaned a nephew money from their IRA distribution, when it was obvious that they were already juggling money they'd borrowed & couldn't pay off. The third story was about another friend who's holding the mortgage for a piece of property they had trouble selling a while back, treated the buyers like family, giving them more time to pay, and may now have to forclose on them.
Do you think a lot of people make risky decisions, because they're overly trusting, and/or let emotion drive their decisions?