QUOTE(KuzumiTaiga @ Oct 3 2016, 09:28 PM)
u kasi potong la I have asb even though im not malay
JJPTR
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Oct 3 2016, 09:31 PM
Show posts by this member only | IPv6 | Post
#121
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Senior Member
1,275 posts Joined: Nov 2007 |
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Oct 3 2016, 09:47 PM
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Senior Member
3,317 posts Joined: Jun 2008 From: Cheras ~ London WC1E 7HU~ Shenzhen |
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Oct 3 2016, 10:05 PM
Show posts by this member only | IPv6 | Post
#123
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1,275 posts Joined: Nov 2007 |
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Oct 3 2016, 10:37 PM
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4,440 posts Joined: Jan 2010 From: Kuala Lumpur |
QUOTE(KuzumiTaiga @ Oct 3 2016, 06:17 PM) don't really think I have the guts to throw more than a few hundred. Is that RM500 or USD500?the 18% every month is very attractive though, meanwhile my friend who put in 10k into CIMB FD only got about 500-ish back after a year. Basically for now if I were to... dump in 500 (FOR EXAMPLE) i'll just have to pray hard hard that it will pay on time for the next 6 months at least to cover back my capital and then faster take out the 500 bucks I put in? U need to keep a few things in mind. Firstly, your budget. Never invest something ure not prepared to lose. Secondly, these are scams which wont last long so go in as big as u can (calculate all risks), make your money and then get out. Thirdly, investing too small is worthless if u ask me. After 6 months, u just 'double up'. |
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Oct 3 2016, 10:39 PM
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4,440 posts Joined: Jan 2010 From: Kuala Lumpur |
QUOTE(Davez89 @ Oct 3 2016, 09:13 PM) if u have such feelings like pray hard hard u can recover back ur money i suggest u dont invest in JJPTR. Same philosophy here. ASB already maxed out, properties 'maxed out' also. So time to take on more riskier ventures. only dump in money u can afford to lose example if u throw in 500 today and its gone the next day how would u feel? if u feel super moody,sad etc etc then better keep in FD. to me investing is like waiting to hit the jackpot having my risk distributed among low/medium/high risk return for example low risk, I invest in ASB.. steady return around 7% high risk would be like jjptr,shares,forex,crypto currency. who knows it might blow up to few thousand % in future? |
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Oct 4 2016, 09:13 AM
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1,275 posts Joined: Nov 2007 |
QUOTE(cybermaster98 @ Oct 3 2016, 10:39 PM) Same philosophy here. ASB already maxed out, properties 'maxed out' also. So time to take on more riskier ventures. since I'm not in my 30's yet with no family and risk tolerance is still high better diversify into as many investment as possible.This post has been edited by Davez89: Oct 4 2016, 09:14 AM |
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Oct 4 2016, 02:26 PM
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949 posts Joined: Oct 2010 From: Yen Lee NCS Enterprise (Seri Kembangan) |
Minimum 25USD --> RM107.5
or Maximum 1000USD --> RM4300 If can afford, then join, if can't afford, don't join. So simple right. :-D Don't forget, u can anytime cash out the capital, by paying service charge 1%. U join this month, next month get the bonus, cash out the capital, no problem. This post has been edited by idealhometech: Oct 4 2016, 02:46 PM |
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Oct 4 2016, 02:31 PM
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#128
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1,275 posts Joined: Nov 2007 |
QUOTE(idealhometech @ Oct 4 2016, 02:26 PM) Minimum 25USD --> RM107.5 ur rate so nice or Maximum 1000USD --> RM3400 If can afford, then join, if can't afford, don't join. So simple right. :-D Don't forget, u can anytime cash out the capital, by paying service charge 1%. U join this month, next month get the bonus, cash out the capital, no problem. |
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Oct 4 2016, 02:45 PM
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949 posts Joined: Oct 2010 From: Yen Lee NCS Enterprise (Seri Kembangan) |
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Oct 5 2016, 10:26 AM
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1,275 posts Joined: Nov 2007 |
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Oct 5 2016, 03:43 PM
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949 posts Joined: Oct 2010 From: Yen Lee NCS Enterprise (Seri Kembangan) |
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Oct 5 2016, 10:10 PM
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4,440 posts Joined: Jan 2010 From: Kuala Lumpur |
Is it true that some JJ investors have delayed payments?
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Oct 5 2016, 11:06 PM
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167 posts Joined: Jan 2010 |
Now "investmemt " plan is getting very creative. Is this thing even legal? . Or admin just close 1 eye after been fed. Heard my fren who invest 1k usd will earn bk his capital in 2months time and his fren who joined 2yrs ago getting constant 1.2k return every month with just 2k capital. Dono how true is this
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Oct 6 2016, 01:15 AM
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949 posts Joined: Oct 2010 From: Yen Lee NCS Enterprise (Seri Kembangan) |
QUOTE(bamkai @ Oct 5 2016, 11:06 PM) Now "investmemt " plan is getting very creative. Is this thing even legal? . Or admin just close 1 eye after been fed. Heard my fren who invest 1k usd will earn bk his capital in 2months time and his fren who joined 2yrs ago getting constant 1.2k return every month with just 2k capital. Dono how true is this Higher the return, higher the risk... So think carefully lo.. C whether u can cope or not. |
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Oct 6 2016, 01:16 AM
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949 posts Joined: Oct 2010 From: Yen Lee NCS Enterprise (Seri Kembangan) |
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Oct 6 2016, 08:59 AM
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4,440 posts Joined: Jan 2010 From: Kuala Lumpur |
QUOTE(bamkai @ Oct 5 2016, 11:06 PM) Now "investmemt " plan is getting very creative. Is this thing even legal? . Or admin just close 1 eye after been fed. Heard my fren who invest 1k usd will earn bk his capital in 2months time and his fren who joined 2yrs ago getting constant 1.2k return every month with just 2k capital. Dono how true is this Any 'investment' plan which offers higher returns than Amanah Saham Bumiputera with little / no additional risk is always a SCAM. What admin are you referring to anyway? Which scheme are you talking about? JJPTR? Your friends are not just earning with their own money/investments. The reason why they can get high returns is also because they have a number of downlines. |
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Oct 6 2016, 10:04 AM
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167 posts Joined: Jan 2010 |
QUOTE(cybermaster98 @ Oct 6 2016, 08:59 AM) Any 'investment' plan which offers higher returns than Amanah Saham Bumiputera with little / no additional risk is always a SCAM. refering to the authority - BNMWhat admin are you referring to anyway? Which scheme are you talking about? JJPTR? Your friends are not just earning with their own money/investments. The reason why they can get high returns is also because they have a number of downlines. |
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Oct 6 2016, 10:55 AM
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Senior Member
4,440 posts Joined: Jan 2010 From: Kuala Lumpur |
QUOTE(bamkai @ Oct 6 2016, 10:04 AM) refering to the authority - BNM There are about 10,000 different illegal Ponzi schemes ongoing in Malaysia alone now. Its just too much for BNM to take action fast. But sooner or later they will and that's when the scheme will collapse. |
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Oct 6 2016, 12:49 PM
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QUOTE(cybermaster98 @ Oct 6 2016, 10:55 AM) There are about 10,000 different illegal Ponzi schemes ongoing in Malaysia alone now. Its just too much for BNM to take action fast. But sooner or later they will and that's when the scheme will collapse. There have been growing calls for the government to have greater control of non-regulated investment activities. However, one issue seems to be the jurisdiction the alternative investment falls under.When contacted, Bank Negara Malaysia said these alternative schemes are not under its purview. The Securities Commission only regulates capital market instruments.Public are advised to be cautious of the risk associated with these alternative investment. |
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Oct 6 2016, 12:55 PM
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Senior Member
4,440 posts Joined: Jan 2010 From: Kuala Lumpur |
QUOTE(Bill Cake @ Oct 6 2016, 12:49 PM) There have been growing calls for the government to have greater control of non-regulated investment activities. However, one issue seems to be the jurisdiction the alternative investment falls under. When it comes to forex schemes, there are 2 differentiators:When contacted, Bank Negara Malaysia said these alternative schemes are not under its purview. The Securities Commission only regulates capital market instruments.Public are advised to be cautious of the risk associated with these alternative investment. 1) If forex trading is being done but minus a official licence, it falls under BNM 2) If forex trading is just a front to mask the Ponzi (member get member) scheme at the back, it falls under PDRM Commercial Crimes Either way both are illegal and both will be acted upon by either BNM or PDRM. |
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