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Musang King Durian Investment, Discussion on Viability
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icemanfx
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 Feb 17 2019, 11:31 PM
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With ceo, cfo, cfa credential, they don't need crowd funding. there are many people could partner them. durian like any other fruits, price could goes up as well as down. china could ban durian for political reason or some article may cause chinese to abandon durian. QUOTE(aspartame @ Feb 17 2019, 08:23 PM) Why would you want to tie up yr 10k for a "possible" 10+% return? Furthermore, how the company operate and report the profits are unknown to you.... People nowadays ... the more you ask them to be careful .. the more they want to invest because they think " make money must be brave!" Ha ha A good example is property investment; those blinded by greed, view second opinion as noise. This post has been edited by icemanfx: Feb 17 2019, 11:34 PM |
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icemanfx
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Feb 18 2019, 12:04 AM
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QUOTE(aspartame @ Feb 17 2019, 11:48 PM) Out of so many types of investments, property investing is probably the most "no-brainer" but profitable type. Enormous wealth has been created from property investing over the generations...more than any other types of investment....most other types of investments are "traps" including this durian investing... Historically, residential property price rise at about inflation rate in the long term. property investment is not newly invented or discovered. if property investment could create enormous wealth; there should be a lot more than 3% of adults in this country have over us$100k net worth; every da ma, kopitiam unkers are multiple properties owners. |
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icemanfx
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Feb 18 2019, 11:25 AM
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QUOTE(aspartame @ Feb 18 2019, 12:27 AM) Most wealth are created from property investment.... It accelerates wealth accumulation...can work less 2% of population has more than RM1mil wealth....without property investment: probably only 0.2% Take the proven path...forget the musang path To 97% of people, the biggest assets is probably their home. As most buy property with bank loan, incurring loan interest is not a path to wealth accumulation. |
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icemanfx
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Feb 18 2019, 12:26 PM
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QUOTE(aspartame @ Feb 18 2019, 11:43 AM) Good loan, bad loan Becomes Rich dad, poor dad "Rich Dad, poor Dad" is as real as Harry Potter. |
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icemanfx
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Feb 19 2019, 11:21 AM
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QUOTE(mas1900 @ Feb 19 2019, 10:26 AM) Time sharing, plot sharing or business sharing business is generally impractical. If it is profitable, you should take a business loan and operates it as whole to have sole control in operation. As long as there are people believe in passive income, scam is here to stay. |
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