I never advise friends to put money in anything,. said Danny. 'It's a no-win situation - if they make a profit they forget that it was you who recommended it, and if they make a loss they never stop reminding you. My only advise would be not to gamble what you can't afford, and never to risk an amount that might cause you to lose a night's sleep
Danny advises friends against investing their money, as he believes it's a risky and thankless activity. He notices that whenever friends make a profit from investments, they tend to forget who recommended it, but they always remember and blame you if they incur a loss. This creates a complicated situation, making him cautious about giving investment advice.
'My only advice would be not to gamble what you can't afford, and never...