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R those pple who claim to own properties+++ real?

Cook1234

By Cook1234,
in Lite & EZ

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Latio2005A

Latio2005A

Turbocharged
(edited)

yeah, why do we see unknown people coming up to give talks and claiming to be able to teach others to become rich?

 

We do not see people like kwek leng beng or wee cho yaw or peter lim giving or anyone from top 40 list of s'pore giving talks, either free or otherwise.

 

the reason is clear, i think.

 

By saying someone is vested, I mean he is in the money or in some ways related to the company.

 

If he is in the money, would like to know his return to date.

If he is related even remotely, I can understand the position.

 

If he is not, he is not in the good position to say the business is good.

 

For me, I am not vested. I commented becos I havefriends who are stucked

 

Oops sorry not replying to you. Apologies to Jamessoh.

 

 

Clear enough ? I am not spoiling for fight.

 

This is also not related to the politic example.

Edited by Latio2005A
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Acemundo

Acemundo

Supercharged

I may be right, or may be wrong. I would like to meet you to clarify

If or if not you are vested. For me, I have 3 good but goondu friends who are stuck with some investments, no need to go into details which. I know. They are prepared to come fwd to ask abt the so- called high and guaranteed return. They can't even dispose the purchase.

The socalled good products.

 

you got friend that stuck with the product.

 

i got friends that makes good profits from those investments.

 

so what gives?

 

what i am trying to say is it is not a scam because someone who invested got stuck.

 

your friend may have relied on the wrong consultant. in any type of investment, you need to know what type of time horizon you are looking at. in this case, either your fried's consultant didn't warn him or your friend may have a hazy idea. but these 2 alone does not make an investment a con job

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Latio2005A

Latio2005A

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you got friend that stuck with the product.

 

i got friends that makes good profits from those investments.

 

so what gives?

 

what i am trying to say is it is not a scam because someone who invested got stuck.

 

your friend may have relied on the wrong consultant. in any type of investment, you need to know what type of time horizon you are looking at. in this case, either your fried's consultant didn't warn him or your friend may have a hazy idea. but these 2 alone does not make an investment a con job

Did I say anywhere the word scam?

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Acemundo

Acemundo

Supercharged
(edited)

Did I say anywhere the word scam?

 

so what is the problem with business having high margins which was the first line of reasoning you used and subsquently attracted you to rebut with a "vested" comment on me when i say high margin is only to be expected of businesses

Edited by Acemundo
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Latio2005A

Latio2005A

Turbocharged
(edited)

M']Do you have prob with the word vested? I have explained my pts wrt it. And what is the prob when I said I would not consider such products? I dun need anyone to come and explain to me your views. I said one need to do more research and understand the products, nothing wrong rite?

 

If anybody comes and tell me high % return, I will first look at the risk. It works both ways, correct? You can make and along the sane spectrum you can lose the same quantum or even more. No free lunch.

 

And for the record, I didn't condemn and I didn't say scam. So dun put words into my mouth.

Edited by Latio2005A
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Ithunk

Ithunk

1st Gear

recently an article caught my attention. this man by the name of "David Yuen" who advertised frequently in the newspapers advising people to follow his lucurative footsteps. he is said to own more than 100 properties generating 400m in rental each month.

 

are these people really real?

 

or just waiting to be uncovered like "Clement Chiang" who was a self professed options trading expert and then turned out to be false?

 

does anyone have any real life experience to share?

 

if ppl are really successful at forex they would not be teaching forex in the first place and will be using their time to trade

 

do you see george soros teaching forex?

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Latio2005A

Latio2005A

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if ppl are really successful at forex they would not be teaching forex in the first place and will be using their time to trade

 

do you see george soros teaching forex?

Fully agree with u. I hv invested in properties, equities, bonds, trusts, and still in the market. I also run a reasonably successful biz for subsistence.

 

Based on the above, maybe I can start to con people's money by conducting courses.

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Acemundo

Acemundo

Supercharged

M']Do you have prob with the word vested? I have explained my pts wrt it. And what is the prob when I said I would not consider such products? I dun need anyone to come and explain to me your views. I said one need to do more research and understand the products, nothing wrong rite?

 

If anybody comes and tell me high % return, I will first look at the risk. It works both ways, correct? You can make and along the sane spectrum you can lose the same quantum or even more. No free lunch.

 

And for the record, I didn't condemn and I didn't say scam. So dun put words into my mouth.

 

yes i have a problem with the word vested being used on me. it suggests i am not being objective.

 

your argument of high profitability rendering it a doubtful business would instead put yourself as not being objective but you did not want to answer to the question posed.

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Latio2005A

Latio2005A

Turbocharged

Saw the David Yuen adverts again today.

 

Any insights into what this person had been teaching, buying 10 properties with the price of one?

 

Just wonder those who vouch for high returns with low risks, where are they now?

 

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Thaiyotakamli

Thaiyotakamli

Supersonic

Ask yourself this........If you have a nett worth of $400 million......will you be doing this kinda s--t???

For 400m rupiah yes

no for david yuen or wad sh1t

 

 

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Thaiyotakamli

Thaiyotakamli

Supersonic

Saw the David Yuen adverts again today.

 

Any insights into what this person had been teaching, buying 10 properties with the price of one?

 

Just wonder those who vouch for high returns with low risks, where are they now?

Can even 20 properties at price of one i also can do that

thats called REIT, u own 20 properties bit by bit.

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Duckduck

Duckduck

Turbocharged

MS report issued 8 July 2013:

 

Residential: Following seven (and a half) rounds of cooling measures in this four-year upcycle, the government is increasingly focused on restricting the supply of land to developers and credit to buyers. We see a 5% p.a. decline in prices from 2014 as private vacancies rise. :)

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Duckduck

Duckduck

Turbocharged
(edited)

maybe the property is this one [:p]

 

 

lol. i own 1 property which has no mortgage, so i just waiting for next global crash then take 80% loan n buy another.

 

no mortgage means price go up or down also doesnt matter lol

Edited by Duckduck
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