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 ICT Zone Ventures - 8% p.a. yield, Highly not recommended to invest

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jack2
post Aug 17 2011, 10:52 AM

Mr
********
All Stars
15,192 posts

Joined: Oct 2004
Even it is regulated and governed by SSM, what are the protections given to investors?
jack2
post Aug 17 2011, 12:17 PM

Mr
********
All Stars
15,192 posts

Joined: Oct 2004
QUOTE(Hansel @ Aug 17 2011, 12:14 PM)
Wow,.. 9% - better study the underlyings carefully....
*
8%, not 9% doh.gif doh.gif doh.gif doh.gif doh.gif doh.gif doh.gif doh.gif doh.gif doh.gif
jack2
post Aug 17 2011, 05:17 PM

Mr
********
All Stars
15,192 posts

Joined: Oct 2004
I don't trust this scheme even regulated by SSM. They can still run away.

If the finance cost is 8%, why don't they get loan or overdraft facility from bankers?
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