Saturday, July 16, 2016

Comment on News "Bank Negara warns public to beware of get-rich-quick schemes"

I always tell everyone to be-careful of any investment scheme, please check with below screening rules as a minimum guideline

a) It is legal? (Check with Bank Negara or Securities Commission)
b) It is simple and easy to understand?
c) Its return is too good to believe or have (Whatever annual return more than 20% and above and some more in short term, be careful!!!)
d) It is creating value to human kind and to you in the same time?
e) Ask for more advice from legal profession like Licensed Financial Advisor if you are doubt about it.
f) Do not believe the idea of "free lunch", "get rich faster" and etc.


‪#‎scam‬ ‪#‎getrichquick‬ ‪#‎investment‬ ‪#‎banknegera‬ ‪#‎moneymastermy‬ ‪#‎finfreedom‬ ‪#‎money‬ ‪#‎financialplanning‬ #Money&LifeMaster

Bank Negara warns public to beware of get-rich-quick schemes

http://www.thestar.com.my/news/nation/2016/07/12/red-alert-on-shady-deals-bank-negara-warns-public-to-beware-of-getrichquick-schemes/

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