This type of thing , only say inside toilet or bedroom. Not in internet, tambah more wound. Sudah sedih, mari sini tambah sedih. Sohai.
Anyone went from rich to poor?
Anyone went from rich to poor?
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Sep 4 2025, 03:29 PM
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Junior Member
80 posts Joined: Jul 2010 |
This type of thing , only say inside toilet or bedroom. Not in internet, tambah more wound. Sudah sedih, mari sini tambah sedih. Sohai. smallcrab liked this post
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Sep 4 2025, 03:36 PM
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Junior Member
327 posts Joined: Dec 2009 |
rich to poor is more common than the other way around, you just dont see it because of survivorship bias. one of my uncles inherited a rice factory in the 80s and because he's a moron, spent almost everything on maintaining a lavish lifestyle. no investment or emergency allocations whatsover. went bankrupt in around 15 years. lucky fart had things work out in the end though. he managed to secure top tier education for his son, who became a successful businessman and now he lives comfortably again. str4n93r liked this post
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Sep 4 2025, 03:37 PM
Show posts by this member only | IPv6 | Post
#23
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Senior Member
3,968 posts Joined: Nov 2007 |
QUOTE(prozfromhell @ Sep 4 2025, 02:51 PM) My advice is don't trade bursa lol smallcrab liked this post
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Sep 4 2025, 03:37 PM
Show posts by this member only | IPv6 | Post
#24
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Junior Member
68 posts Joined: Nov 2014 From: The 10th Dimension |
QUOTE(Hobbez @ Sep 4 2025, 02:39 PM) Got plenty. You go Genting, can see all the time. Those who kalah the judi and lost all their shit, and then 14th floor. Bro he asking for from rich to poorNot from rich to afterlife coyouth liked this post
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Sep 4 2025, 03:41 PM
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#25
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Junior Member
275 posts Joined: Aug 2011 |
Ayam not rich or poor. After so many years struggling, ayam now not rich or poor. Like that kira or not?
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Sep 4 2025, 03:42 PM
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Junior Member
220 posts Joined: Jan 2019 From: Earth |
For every successful business there will be 10 unsuccessful ones but no one wants to listen to stories that break their heart. A lot only want to listen to success stories... no one wants to listen to failure stories. This post has been edited by Capt. Marble: Sep 4 2025, 03:43 PM smallcrab and Pepelepewwwww liked this post
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Sep 4 2025, 03:43 PM
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Junior Member
668 posts Joined: Jun 2014 |
true stori, my fren org atas become org bawah cause judi,bookie,Ah long,AKPK,high commitment,business closed down,wife divorce,health issue. cannot overcome
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Sep 4 2025, 03:47 PM
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Senior Member
1,911 posts Joined: Feb 2016 |
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Sep 4 2025, 03:48 PM
Show posts by this member only | IPv6 | Post
#29
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Senior Member
2,139 posts Joined: Nov 2007 |
Define poor and define rich
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Sep 4 2025, 03:53 PM
Show posts by this member only | IPv6 | Post
#30
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Junior Member
156 posts Joined: Sep 2017 |
‘Cassette King’ David Chan faces bankruptcy as 4 creditors pursue HK$80 million debt
https://www.dimsumdaily.hk/cassette-king-da...0-million-debt/ One of Hong Kong’s best-known real estate investors has put another luxury home up for sale at a discount, as the city’s property glut and elevated interest rates weigh on highly leveraged entrepreneurs. David Chan Ping-chi, dubbed the “Cassette King” for his fortunes made from producing audiovisual cassettes and compact discs, plans to sell a three-storey mansion at 51 Mount Davis Road on Hong Kong Island to repay debt, he said in a phone interview with the Post. https://www.scmp.com/business/article/33241...y-sale-pay-debt |
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Sep 4 2025, 03:55 PM
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Junior Member
62 posts Joined: Feb 2008 |
QUOTE(jojolicia @ Sep 4 2025, 03:47 PM) this one the hubby was operating a cleaning machine at the airportsome thief, stole a taxi and rammed into him wife dapat 1M (2.5M our money) bad investments (lori transport) drained all away sos max_cavalera and jojolicia liked this post
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Sep 4 2025, 03:57 PM
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Junior Member
226 posts Joined: Feb 2022 |
QUOTE(jojolicia @ Sep 4 2025, 03:47 PM) https://www.malaymail.com/amp/news/malaysia...-in-year/684225 jojolicia liked this post
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Sep 4 2025, 03:58 PM
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#33
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Junior Member
76 posts Joined: Jun 2019 |
all people I have known from rich to poor: gambling.
friends who lose money in business somehow manage to regroup and fight again, and again. |
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Sep 4 2025, 04:00 PM
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Junior Member
226 posts Joined: Feb 2022 |
I went into partnership with 2 other high school friends in 2011, and signed a partnership agreement. Lets call them Ah Beng & Muthu ![]() We thought that 3 persons will be safe because there will be check and balance, no 1 person can make all the decisions. Must need 3 parties to decide on something. And we added this in the agreement: ![]() Forgive the grammar coz he was from SRJKC. The first year was ok. We took out our saving and put into the company. We did some trading, then earn some money. We promised not to touch the profit first, and keep it to grow the company. We still have our own job and did this as part of our side business. That time we just wanted to have a little bit of side income, every year december can go memancing kat Tg Sepat, eat seafood and enjoy some time together like we did in school last time. We were very close friends. To cut the story short, kalau tak menipu bukan _______________ A) businessman B) kawan baik C) scammer D) lalabeng So when we made money on third year, Ah Beng said we can buy a cheap car to deliver the stuff. Just buy a small kancil will do, but finally he bought a proton FLX. At first i objected, but Muthu agreed. 2 against 1. They win. Then this so-called company car was mainly used by Ah Beng even for his personal things, but the petrol, maintenance, upkeep etc. charge to company expenses. I felt unfair la, u get the benefit but we pay from the operation cost and diluted our net profit. Muthu said nevermind coz Ah Beng did all the work, delivery and getting the stock from suppliers. Ah Beng put the key on table and pushed to me and said “ok, u do la this delivery. Take it. U do, Im ok one, u take the car” Of course i can’t do coz i was busy with my day job. So again Muthu said nevermind la, we all work for the company. Year 5, we really grew the business, and Muthu resigned to focus on the operation of the company while Ah Beng did the sales & marketing, sourcing etc. They both withdraw a higher salary from the business while I end up like a sleeping partner. We have our meeting every month to see what to improve the business. By now our profit is in the range of 5 close to 6 figures after 5 years of setting up this company. A lot of hard work. If u ask what I contributed, it was the initial capital and occasional introduction of new customers. Daily operation and running of the company were mostly Ah Beng & Muthu’s work. In 2016, Ah Beng and Muthu decided to buy over my share because i didn’t really do anything and they felt is it unfair to share a third of the profit with me. They can afford to pay me off my 33% and then cut me off from then on. I couldnt disagree coz it was 2 against 1 again. But something happened. There was a problem with one batch of our stock and this affected some customers. We got some issues and need to replace the goods, and the stock were as good as junk. This caused the company to suffer losses. Now they change their story. We are in this together. We built this together. Now i have to bear the losses together. Ok, they can still buy my shares but now the value is reduced because of the losses in 2016 to be a fraction of what i put in. And they say if i want to continue, pump in more money to rescue the business. I declined and cashed out. My initial investment of 80k became like 20k only when i cashed out. 2017-2019 they happy happy coz business was back to normal. Both changed cars, go holidays. Then 2020-2021 covid. Padan muka they close shop coz no business. Tuhan bayar cash. coyouth liked this post
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Sep 4 2025, 04:01 PM
Show posts by this member only | IPv6 | Post
#35
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Junior Member
223 posts Joined: Oct 2009 |
my old boss remittance / money changer held one of the biggest license in the industry (class a) fintech destroyed him max_cavalera liked this post
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Sep 4 2025, 04:03 PM
Show posts by this member only | IPv6 | Post
#36
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All Stars
10,475 posts Joined: Jan 2003 From: Sarawak |
lost a niche job since covid19. went from T20 to B40.
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Sep 4 2025, 04:07 PM
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Junior Member
90 posts Joined: May 2022 |
Every month I went from rich to poor blanket84, cempedaklife, and 1 other liked this post
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Sep 4 2025, 04:08 PM
Show posts by this member only | IPv6 | Post
#38
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Senior Member
3,653 posts Joined: Jan 2003 From: London, Hong Kong, Subang Jaya & Cyberjaya |
I used to earn more than 20k a month for a few years. Now I am M40. max_cavalera liked this post
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Sep 4 2025, 04:09 PM
Show posts by this member only | IPv6 | Post
#39
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Senior Member
3,784 posts Joined: Jun 2005 |
wealth is not permanent. u may have a lot money now but sudden mishap all your fortune can be gone. so while u afford now, do some good deeds smallcrab liked this post
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Sep 4 2025, 04:14 PM
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Junior Member
226 posts Joined: Feb 2022 |
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