I personally know a couple who sells nasi lemak on the roadside every morning 7-10 am. They make RM2000 nett per week. How complicated it is to sell nasi lemak ? How much capital you need to start such business?
Not all business requires high start-up capital. The key question is, are you willing to start from the bottom or not ?

You might not need a lot of capital but making lots of money selling nasi lemak is not very common. Lots of nasi lemak sellers but only a few make that kind of dough.

You know what, your words is exactly like my mlm friend. Keep emphasize about how much capital is needed in investment oppose to mlm.

Rule 1.
Mlm is NOT investment. It doesn't belong in this topic.
Rule 2.
It is true that many mlmler earn big bucks. But when mlmler claim that he earn XXK. Normally you need to deduction the cost & expenses incurred such as petrol, Yamcha money, maintaining your volume monthly & etc. From my past experience his nett profit normally is about 1/2 to 1/3 of what he claim unless he earn very huge income.

If someone really want to classify the MLM as investment, no problem for me (although personally I don't but rather a modified pyramid scheme, MLMers will flame me on this. Especially those concentrate on charging joining fee rather than product itself that serve no purpose to the social economy)
However, some MLM business model may exceptional that come with good product and offering good business. I don't say MLM is totally evil since sometimes there is no clear boundary between MLM business and conventional business.

But one thing for sure, MLM is not a risk free investment as claimed rather it is a pretty high risk investment if you stay at lower end of the 'pyramid'. Basically it just like top end feed on the bottom end. So it you at the top then definitely you can get rich fast but majority will be stuck at the bottom.

For me, MLM is not really investment. It's a business or a job. You need to spend a lot of effort, money and time to be successful in MLM. Investment is a method to maximize the returns of your money and protect the value against inflation.

haha according wat u say show tat u not really understand mlm industry, the situation u talk about is true but happen on some mlm companies only. if i'm not mistaken lamp berger is 1 of it.
i'm not really promoting mlm but just wan to tell the way to make good investment, or may be the truth, think nicely b4 report me or ban, wateva.
its truth alot fella fails in this field but its their own problem who dare not to walk out their own lifestyle.
for the post who said tat earn 2k in a week selling nasi lemak, do u think b4 how much they have paid for it ? i'm not just meaning the money cost they paid but also the time n freedom......for sure there r many mlmers spend 24 hours on it too but tat means he or she is very successful in it, n also means they may retire from it soon n may do the real n high payback investment soon.

i agree with u guys tat mlm not consider as 100% investment, but its a vehicle to help u to do the high payback n safe investment.
yes of course the 1 who at the downside of the pyramid is help the upside 1 earning $$$, but the main thing is they themself r earning money too......so ? just like we using microsoft software r helping bill gates earning money too...

sry for using manglish but i'm a malaysian....so supporting manglish shouldn't be a shame rite ?
n for amway, do u noe how was it is 10 years ago n b4 the government take over ? for tat time i dont think got any successful example with their old plan n past generations' mind set....but now my dear...its 2006...there is totally diff things compare with the past 30 years amway
for 3rd point, bro....if got any mlm which is no need to use any money n cant make money de.....tat is not mlm la.....

Do not insult us by calling what you are writing is Manglish!! If you do not CARE to use a spelling checker or spell a word in full, DO NOT POST here (RWI).

Start your own thread. MLM stuff is NOT welcome here. Especially for someone that cannot even spells.

Dreamer

haha wat a shame, so u mean tat using manglish in an insult ?
y we should use proper uk/us english n proud with it but not our own signature of malaysian language ? u r the 1 who insulting the malaysian's creation.

Those nasi lemak sellers wake up at 5 am each morning, start cooking, sell the nasi lemak and finish selling at 10 am. They can go back home a sleep. Many people work 8 am- 8pm every day and make less than Rm2500 a month. How many people work 6 hours a day and make Rm 8k per month ?
And yes .. nasi lemak seller can retire too once the business grow big and they hire people to do all the work. Also how much capital is needed to start nasi lemak business ? Do the math. Just because they dont drive BMW you assume they are poor.

Dude, fix your grammar and spelling. You want us to take you seriously, you better type seriously.
And stop claiming your poor English as Manglish. Call it Kennienglish or something else.

Seemed like there is a fight on language in this investment thread

For me, language is a way for us to communicate and express our thinking and feeling...if your target audience can understand what you're saying, then I think it's fine... Anyway, I don't think this is so called manglish...as not most of the Malaysian use this kind of english.

Sorry, it's off topic

Investment should be the method for us to achieve our financial goals...
We can invest in a business...invest in funds...invest in stock or even property...just the risk is different in each investment...once we understand the risk, we can decide which investment mode we should use.

Haven't start or build the career, already think of retirement only sum up those MLMers want to make rich fast but lazy to work.

Genuine successful and rich people won't ever think of retirement even they already have billion of assets. They still work like everyone else. If every rich people also think like this, how can a society progress, already have money then don't need to work anymore.

Sometimes, just can't stand the word from MLMers, financial freedom, time freedom, only MLM is the best, besides MLMers, others are just a bunch of dumb people don't know how to make money.

This post has been edited by cherroy: Dec 5 2006, 04:49 PM

ok fine, this may be my last post here, really wasting my time with these kind people. since you guys can't even accept a new language or whatever kennienglish, this means you guys can't really think wisely, i can tell you guys for sure in future there will be a new official language which create from messenger/sms and now call as manglish/kennienglish-created by someone. its just like an improvement or evolution, such like chinese word are become simple than last time, and today there are so many edition of chinese words. so for you guys can't think wisely, i suggest you guys just keep your money inside bank or put it in insurance is best for your.

and the nasi lemak part, think wisely also please...how they could sell nasi lemak and earn rm2k per week ? its because the nasi lemak is delicious rite ? so do you think how much effort they have put to make such delicious nasi lemak ? and how many people able to make such delicious nasi lemak ? and i'm doesn't mean that business need high start-up capital but safe and high payback investment, some business don't even need any capital to start but what they doing is using time to change money. the main point for invest is to achieve true wealth, its means you are earning money while you doing nothing or may be enjoying ur life. such like buy property n rent it, the property is yours but income still coming everymonth.

drop the SMS lingo or keep it to a minimum please and not MLM promotion in here.

are they qualified as new language?

Kennie,

<< how they could sell nasi lemak and earn rm2k per week ? its because the nasi lemak is delicious rite ? so do you think how much effort they have put to make such delicious nasi lemak ?>>

Bingo. The same applies to your MLM business. Out of thousands and thousands people that do MLM, how many people are really rich. And, I mean really rich as opposed to ride expensive car and live in a big house but own nothing.

If you are really good in selling, you should sell life insurance. As a percentage, the likelihood that a person selling insurance to get rich is 10 to 20 times more likely than MLMer.

<<the main point for invest is to achieve true wealth, its means you are earning money while you doing nothing or may be enjoying ur life. such like buy property n rent it, the property is yours but income still coming everymonth.>>

This is what we actually discussing in this thread: how do you use money to earn money aka investment. Please do not lie to us and say that you do NOT have to do anything to maintain your MLM "business". Even if you are successful, you have to maintain your MLM network. You may do more or you may do less. But, it is NOT nothing.

Seriously, do you really know anybody that is truly rich?? Aka, Financially Independent Retired Early (FIRE). Do you have any first hand knowledge? Do you really know anyone with "true wealth"? Most of the really rich people that I know do not ride expensive car and live in a big house.

Dreamer

This post has been edited by dreamer101: Dec 5 2006, 10:53 PM

Talking like this mean that, he/she has no idea of what mean for investment and risk behind. Every investment has its risk, high or low only. Even you own a property and rent it out, you still carrying the risk, not risk free as claimed.
Eg.
Unable to collect the rental (not that unusual)
House being destroyed by disaster.
Property depreciation, although not that common but it did actually happens especially during recession or wrong strategic location.

CDS = e-cert for share that i know. but wat is trading account and smf account?

i was told by 1 ppl to transfer money to maybank smf account to start trading stock.
&
i was told by another guy to pay using maybank2u online bill to maybank securities trading account to buy stock.

Cherroy,

My mother has one of the worst case scenario in term of rental

1) Unable to collect rent

2) The renter DID not pay electricity and water

3) TNB did not cut the electricity.

So, besides NOT making money. She lost a few thousands in paying back electric bills.

Dreamer

Dreamer,
That's why I said it is not that unusual, quite common actually.
So think twice before investing in property just for the sake of rental collection, sometimes, it is also problematic if you are unlucky to meet those 'rude' tenants, there are a few case, although not many, some rude tenants refuse to move out even not paying the rental. There are several cases, police has to involve in it. Sometimes, depends on luck also if you can meet some nice tenants pay for promptly while keep your house/shop in good shape.

Remember, sometimes rental also not enough to cover the housing loan. So make your calculation right before investing. Purely heard people said buying houses or shoplots surely make money is not 100% true.