... And he says... "NO, NO, NO. Not for me - I learned my lesson"
No Dumb-Ass... You didn't learn shit! ...
Yes he did. He learned two valuable lessons:
1. Don't invest in something that you don't understand.
2. Don't invest in something just because some random relative tells you to.
Here's my lesson for you:
1. Don't recommend investments to friends or relatives.