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Getting Involved in EmpireFX, Let's see how it goes ~
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Ramjade
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 May 30 2015, 09:46 AM
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Hi bro,
The rule is the higher the returns, the higher the risk. I know of one personally that by depositing in RM1000, you will get RM100 back the next month. So assuming no loss, you make 120% in a year. Sounds good eh? But let me tell you. Instead of you earning RM100, you can just lose RM1000 just like that. No refunds nothing. And that one my friend admit is a scam. But he knows when to pull out and when to dive in. He lost almost 90% before.
That's why if I were you, I will stick to the safe ones. FD, ASX, Reits. Their returns maybe small but returns is still returns. Golden rule is SAVE If you like to buy new phones every year, hanging out in pub/club/karaoke/frequent mamak/frquent movies, you need to cut back and start saving. Let your friends do that. In the end, you will have the last laugh as you have more money than them.
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Ramjade
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May 30 2015, 09:59 AM
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QUOTE(yklooi @ May 30 2015, 09:55 AM)  May I add a little spice on that.... NOT just SAVE but, "Save and Invest wisely"......because “Which investor gets rich by putting all his / her monies in savings accounts?” – Dr. Tan Chong Koay If you look at kids these day, only know how to party/watch movies/drinking starbucks like drinking water, you will be surprise any of them have any savings at the age of 30. |
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Ramjade
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May 30 2015, 10:03 AM
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QUOTE(Y.J.S @ May 30 2015, 09:53 AM) Ok ok so any reputable schemes that come with a website? A lot of my friends told me he brought his laptop to school to show off how he makes money off MT4 . That's why it is quite persuasive but maybe he's just being lucky, idk  What's the min amount for Fixed Deposit? Edit : I think I should save another RM500 for this : https://ringgitplus.com/en/fixed-deposit/Ma...ed-Deposit.htmlJust look at Lowyat FD threads. Good info. Also if you have time, read Gen-x's blog from the first post. If you have a speciific skill, you can work on the go. Eg designing, writing. I have a friend who earns in USD just by working part time. She found jobs online. She saves every sen of it to buy a house. Still far but at least I think she can afford 5% of the house already. |
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Ramjade
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May 30 2015, 01:55 PM
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QUOTE(carrer @ May 30 2015, 01:50 PM) If you are willing to risk your 500, then why not. No pain no gain. If it turns out to be true, you will be richer. If it turns out to be a scam, well, you learned it the hard way. Next time you will be more careful. Either way, "you win".  |
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Ramjade
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Jun 13 2015, 07:31 PM
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QUOTE(carrer @ Jun 13 2015, 07:19 PM) Sigh, I wished I were you and persuade them to tell me.  Trust fund will not die off. There are risk averse investors and also 'unsophisticated' investors who will still invest in trusts funds. I really do hope that Malaysia will legalise forex. If forex is not legal, then how to you guys participate in forex? Or is forex a grey area? Neither legal or illegal? |
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