I saw in one of his "promotional videos", he asked a lady how much more can apply loan. The lady replied about 600k and he immediately said "5 units, make it 3mil and u can retire already".
There are so many loopholes in his theories, I just wonder why people can't see through all the glamour and sweet talk.

This post has been edited by torres09: Jul 6 2019, 03:55 PM

Basically most of his videos posted are trying to teach you how to leverage yourself and get loan approve. This information can easily get it from a manager/senior loan banker, you treat them a cup of coffee, and they will become an open book for you with all the strategies. Why need to pay so much ?

As to how to choose a right properties, there’s a lot of sifus here . Just read their posts and you gain tons of knowledge.

This post has been edited by Clement1001: Jul 6 2019, 04:03 PM

Let me get this simple and straight about current situation:

For those who owe tonnes of properties (shop, factory, landed, condo) BUT still majority under long long long serving loan tenure.
They might ended up in big trouble.

1) commercial units either no demand or rental dropped drastically. (Many tenant runaway)

2) condo mostly rental dropped 3 to 4 hundreds. (-ve increasing)

3) ulu area = no demands at all....

4) no taker unless willing to cut lost at big chunk.

Same applied to business owners.
1) sales dropped
2) income decreasing
3) out put money for loan commitment increasing.
4) not enough to cover everything eventually.

Leverage during bull market also gambling
Leverage during this market is?

The music chair game is ended.
Already .

Now is the time to fight who can survivelonger as possible without went into cut lost of what they used to be in profits area.

For those who can't sustain until market rebound. That's it..
No matter how much of paper profits they used to have. All gone, because those assets no longer belong to them.

To be simple,
cash is more essential than ever for this ublpcoming 10 years.

But those who talk until mouth stink without buying cheap also x use.

BUT
Buy = edging risk with yourself by buying higher.

No buying = no stock in hands even market up you got nothing except the mouth talking.

Lastly,
No one can buy the lowest
And sell the highest

True. Just buy within your capabilities.
When something is too good to be true, it probably is.

sin kills

greed is one of the se7en sins.

the newspapers didn't say he committed suicide due to overgearing. the so called FB poster used his story nia.

Which newspapers want to be boycotted by developer?

This post has been edited by icemanfx: Jul 6 2019, 08:53 PM

Deleted

This post has been edited by Pp2626: Jul 8 2019, 04:20 PM

Yes, the fb user is disrecpetc to the victim no matter what's his/her real intention to do so.

This is good for the overall benefits.
The new launch property will reflect the real demands instead of compression of fake sales result.

Greed my friend is blinding

That FB user who posted is also a investment guru, but "seems like" less extreme..

if no greed, how improved?

if i dont greed for money, why i work so hard demand higher n higher salary?

if businessman dont greed, for what they waste so much time, effort? for charity?

greed is good, just dont only greed without effort make it work. always be prepare few way out if the thing went sour. not bet everything into one field and let fate decided for you

This post has been edited by leodinouknow: Jul 6 2019, 10:33 PM

Already expected he is some guru.

Some gurus new strategy is gossip about other gurus to show them aren't the same.

They are "good guru", not like those who occurred in their fb story.

greed

/ɡriːd/

noun

intense and selfish desire for something, especially wealth, power, or food.

Greed differs from desire

Greed blinds

Desire inspires

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This post has been edited by Pp2626: Jul 8 2019, 04:16 PM

The issue is few are aware they are blinded by greed. During bull run, many winning was amplified by leverage, and few know when to exit timely. There are always blinded novices joining the sinking ship.

Debt/loan is liability, is opposite of assets. If wealth accumulation is as easy, there should be a lot more than 4% of adults in this country have over us$100k net worth.

This post has been edited by icemanfx: Jul 7 2019, 11:15 AM

If you don't sell,
Any paper gain is on the freaking paper or imagination only.

Those who greed to aim for all time high price would be end up gain nothing or even lost the capital.

So greed is good?

Don't use 1 knife cut all tree la.
It's doesn't work this way.