Tuesday, July 24, 2007

Melayu Tipu, Melayu Ditipu

Stuck a raw nerve anywhere?

U bet cos a friend of mine called me up yesterday explaining that if I invest CPF money, I can get some kopi money. I called that daylight robbery. There are many cases out there. Let me tell you a story, let us called this service provider, S. S informed a potential customer, B that he can get around 200 to 300 if he invests his CPF. Sounds good? In actual fact, what S is trying to do is that he is trying to get his quota filled for the year. S's company will set him some objectives for the year. Assuming his quota is 100K, and he is is really short of time to make that target but he sure can make up by asking people to invest their CPF. Assuming B parted 6OK of his CPF to S's company and S gladly part him 600 quids for that who will be the winner in the long run?

S will make his quota for 100K and will be paid accordingly, will it be 600 quids? I doubts so, it will be many times that, plus the amount he earned now will be multiplied down the roads. Who is the loser? B, cos if S is not smart enough, any of portfolios that he sinks the money too will be going down the drain. As we know S is only a service provider, not someone who is money wise trained in the fine arts of money investments. Even a semi pro like me can make that small mistakes, how can S be trusted to make monies for B?

In the long run, S going to get his Mercs while B be probably riding his kapchai. There are many cases going on and still Melayu got smoked again and again by Melayu........and in the end we all Melayu lagi......

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