26 Mar 2007
KUALA LUMPUR: Six multinational direct-selling companies are behind get-rich-quick schemes.Domestic Trade and Consumer Affairs Ministry deputy director-general (enforcement) Iskandar Halim Sulaiman said they were making millions every year through questionable means.
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"They promised returns of up to RM50,000 for an investment of between RM30 and RM200. This made people wary of the scheme," he said.
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Nowadays, there are so many get-rich-quick scheme of investment. As per newspaper cutting above, I took from NST today, you might not notice or you might heard or you might alrready joined. But I would like to stress here what do I think about this get-rich-quick scheme.
As I went through all this internet investment, I saw alot of things that smells fishy on their invesment planning and returns. You may got alot of money by throwing out a little bit of money. The question is.... Where did the money come from??? How do they earn the money from that invesment??? And if so they earn alot of money from the invesment, why do they still open for people to join after they earn enough capital to run by themselves.
If you heard before about Pak Man Telo scheme, they took all those money from downline who joined the scheme and wait until the pyramid getting bigger. After the pyramid big enough, or in other word saturated, they might not have the ability to pay all those investors. They will pay some of their early bird with a promising amount of money, then when other people notice that this investment give alot of returns, other people might start to invest alot of money. This is the initial point where the company makes profit. And most of the time this company will cabut after gain enough confidence from peoples.
Some might invest very little amount of money. And they might say, owhh... Nevermind... Just gamble la... If the company bankrupt before I got my capital back, then 'kira burn la'. Yes... you might put out the amount you don't care even you loose. But before you do this, think back. If a million people in Malaysia do this, invest with a little amount let say RM200, what do you think the amount could be??? You may grab your calculator and find out billions of ringgit would appear. And start to think again, if this company is a foreign company, they easily took out a Billion of RM into their country, what happened? You might not even think before, but please consider what will happened to our Ringgit currency. Simply give people without having any return. This is how Jews play with the economy. Then people start to blame the government by not controlling the currency. Drop against the US dollars. But they never tell, it was from their own stupidness. (Yes, I was in this situation too when I am too naive about this. But this is where I learn.)
I start to think in this way after I educate myself with financial knowledge. That is why I recommend you to invest in stock or unit trust. At least your money is helping the country by building up the economy. I will post another topic on this subject regarding the unit trust and stock market and how they help to boost out our economy.
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