Dead Comment
I don't know your parents' experience, of course, but this method of losing money is one of the most popular for everyone. I once saw an expert who provides finanical education to new professional atheletes (known for being bankrupt soon after retirement despite millions in income). Loans to family/friends' businesses was top of their list of no-no's.
On the other hand, many successful businesses have started that way. Many more legitimate but failed efforts also have begun that way. Not everyone has access to VC capital, personal wealth, or a bank loan.
- Investing money in a friend's company - this was the most painful as it was perpetuated by our family members who lived here for a while that we trusted
- Rainbow vacuum cleaner
- Aqualife water filter
- Hiring someone to take us to another city to buy a car to "help get a good deal" - turned out he was working for the seller, and it was not a good deal at all
- A summer job for me selling Vector cutlery
Unfortunately it's easy to scam new immigrants, this happened for hundred years and still happening now.
I'm very happy with my life - my spouse, my kids, my extended family, my small group of friends that's been together for 20+ years, and my career. I have very little interest in socializing / meeting new people, and would much rather spend all my free time improving my existing relationships (see above), or be by myself.
I know how to socialize / meet new people, but never feel comfortable doing that.
Really weird way to introduce Kent Beck
I was a member of the metal-rules.com forums (RIP) and the founders of Metal Archives came from there. Many hours of my misspent youth were wasted arguing with the people on those forums, now all gone. Back then metal-rules was THE place to talk about metal on the internet, and MA was an upstart who almost nobody knew about.