After 3 months into the MPR project . I understood I was into a well thought out Ponzi Scheme which walks on the Borders of the Law, works during bad economics times and preys on innocent disadvantaged people. Now I am a bit more wiserer now for experiencing what a ponzi scheme is like.
However, after the Global Stock Market Collapse in October 2008, it is now common knowledge that all the world's Economics is Running ( PRESENT TENSE ) on a Mega Ponzi Scheme. To get a clearer picture of the small world we are living in Please visit my later Blogs:
www.buyerbeaware.blogspot.com / www.theglobalchallenges.com / www.newglobaleconomy.wordpress.com
The purpose and Goal of these Blogs is to educate the overburdened consumer as to how he got to this point of economy and telling him of the simple action on-line that he can take to correct the imbalance and injustice and return to a fair and safe life in 10 or 20 years hopefully.
Tuesday, July 21, 2009
Sunday, May 10, 2009
Many months have past since I wrote on this Blog. What happened to my MPR Project ?
As you might have known, I have worked with MLM, Unit Trust and MPR.The truth of the matter is Nothing is Wrong or Right with any Financial Scheme.Any Scheme where you invest money and Do not Work for Profit is also a Cepat Kaya Scheme !
So the important Question is not the Scheme, THE IMPORTANT QUESTIONS you should ask are:
Reputation of the Company ?Reputation of the Owner ?How long has the Company existed ?Is the Boss or Upline supportive towards YOU ?Is it just Hype and Lip-service ?How many People out of 1000 have benefitted from this scheme ?Don't just ask 1 or 2 People.Are the People Benefiting more or the Owners Benefiting More ?Is the Company Finances Transparent ?Or are they just telling you a good bed time story like Politicians ?
So if I know what to ask, How come I have stopped the MPR Scheme Since 6 months ?The Reason I started is because I decided the scheme was Correct and I will WORK for MY GOAL.But the 4 months I was in the Scheme I noticed the Boss slowly and steadily changing his words and style and becoming from humble to arrogant. The Final straw was when he introduced a Rm300 ringgit scheme which he said will "Automatically" give us Rm400,000+in a year or two. A Thousand People put the Money in it (i.e. Total Rm300,000) out of which half the money was distributed to The Owner and Family. The other half to close friends; People whom he did not like did not get any money and The Best Part is after the quick clean sweep He with no audacity and unapologeticallyjust changed the Rules of the Game and Announced, "The Automatic System will not work,All work for your own Goals, if you reach certain targets we will give you Prizes." That was enough for me, I knew this man has got no respect for Other People's Money.I walked out.
How much did I make in 4 months ? Answer: Rm3,000/-How much did I spend to make that ? Answer: Rm3,000/-So how much I made ? Answer : Rm 0 .How much waste of Time? Answer: 4 months.
Did I Gain any insights From This? Answer : Yes -No Bees No Honey, No Work No Money.
As you might have known, I have worked with MLM, Unit Trust and MPR.The truth of the matter is Nothing is Wrong or Right with any Financial Scheme.Any Scheme where you invest money and Do not Work for Profit is also a Cepat Kaya Scheme !
So the important Question is not the Scheme, THE IMPORTANT QUESTIONS you should ask are:
Reputation of the Company ?Reputation of the Owner ?How long has the Company existed ?Is the Boss or Upline supportive towards YOU ?Is it just Hype and Lip-service ?How many People out of 1000 have benefitted from this scheme ?Don't just ask 1 or 2 People.Are the People Benefiting more or the Owners Benefiting More ?Is the Company Finances Transparent ?Or are they just telling you a good bed time story like Politicians ?
So if I know what to ask, How come I have stopped the MPR Scheme Since 6 months ?The Reason I started is because I decided the scheme was Correct and I will WORK for MY GOAL.But the 4 months I was in the Scheme I noticed the Boss slowly and steadily changing his words and style and becoming from humble to arrogant. The Final straw was when he introduced a Rm300 ringgit scheme which he said will "Automatically" give us Rm400,000+in a year or two. A Thousand People put the Money in it (i.e. Total Rm300,000) out of which half the money was distributed to The Owner and Family. The other half to close friends; People whom he did not like did not get any money and The Best Part is after the quick clean sweep He with no audacity and unapologeticallyjust changed the Rules of the Game and Announced, "The Automatic System will not work,All work for your own Goals, if you reach certain targets we will give you Prizes." That was enough for me, I knew this man has got no respect for Other People's Money.I walked out.
How much did I make in 4 months ? Answer: Rm3,000/-How much did I spend to make that ? Answer: Rm3,000/-So how much I made ? Answer : Rm 0 .How much waste of Time? Answer: 4 months.
Did I Gain any insights From This? Answer : Yes -No Bees No Honey, No Work No Money.
Tuesday, December 2, 2008
EPF and KLCI Compared
A very real, transparent and long term perspective is shown in today's Star Newspaper,comparing EPF and KLCI.StarBiz section , page B9, 3-12-08.
It is unfortunate that most investors use these investment vehicles for short term gain.They were created for long term gain. It is just a tool. Fire can be used for good or evil. So can guns and cars.
It is really a tough world for the innocent and naive while there is no way to control the oppotunists and stock market raiders. Unless some kind of Rules are put in place the Stock market will fail to help those who most need it.
So what other Financial Investment Vehicle does the man on the street have to prepare himself 25 years from today so that he has Rm5 Million for Retirement, Healthcare & Children's Education ?
If you do know - I'll be grateful if you can share the information with me.
It is unfortunate that most investors use these investment vehicles for short term gain.They were created for long term gain. It is just a tool. Fire can be used for good or evil. So can guns and cars.
It is really a tough world for the innocent and naive while there is no way to control the oppotunists and stock market raiders. Unless some kind of Rules are put in place the Stock market will fail to help those who most need it.
So what other Financial Investment Vehicle does the man on the street have to prepare himself 25 years from today so that he has Rm5 Million for Retirement, Healthcare & Children's Education ?
If you do know - I'll be grateful if you can share the information with me.
Friday, November 28, 2008
STAYING POWER
If there was 1 Quality that I could wish upon a Direct Seller, it would be Staying Power. After doing your Homework and making due diligence to identify and choose the direct selling product, company and plan YOU, the BOSS wants to work with - You have to check your own Staying Power.
Staying Power is nothing but how much of FAILURE can you humanly manage.
What are the Factors that contribute to Staying Power? Since Direct Selling is a Habit-Skill-Pattern, if you do not get the desired result - How long can you STAND without succeeding ? Remember, Individuals come and go but Companies live on Longer. Ofcourse having said that: In One Word the Only Factor that would at the end of the Day maintain your Staying Power ( assuming all other catergories are present ) would be MONEY to Persevere.
This why 999 out of 1000 of Direct Sellers Fail. No staying Power. At the Back of No Power is No Money. The Proof of what I am writing is True can very well be SEEN and FELT globally now When Best Banks, Insurers, Car Makers, and Public Listed Companies are Folornly asking the Goverment to Back them up with MONEY. The Excuse - " to maintain consumer CONFIDENCE". Confidence is just a Good Word for H Y P E, - hype !
When a small businessman asks - it is called "Debt". When a Public Listed Company asks, it is called, " Economic Stimulus Package" !
Money makes money is 99.99% True !
Staying Power is nothing but how much of FAILURE can you humanly manage.
What are the Factors that contribute to Staying Power? Since Direct Selling is a Habit-Skill-Pattern, if you do not get the desired result - How long can you STAND without succeeding ? Remember, Individuals come and go but Companies live on Longer. Ofcourse having said that: In One Word the Only Factor that would at the end of the Day maintain your Staying Power ( assuming all other catergories are present ) would be MONEY to Persevere.
This why 999 out of 1000 of Direct Sellers Fail. No staying Power. At the Back of No Power is No Money. The Proof of what I am writing is True can very well be SEEN and FELT globally now When Best Banks, Insurers, Car Makers, and Public Listed Companies are Folornly asking the Goverment to Back them up with MONEY. The Excuse - " to maintain consumer CONFIDENCE". Confidence is just a Good Word for H Y P E, - hype !
When a small businessman asks - it is called "Debt". When a Public Listed Company asks, it is called, " Economic Stimulus Package" !
Money makes money is 99.99% True !
Thursday, November 27, 2008
Of Wisdom, Investments and Plans
Keep on educating yourself on the various vehicles for investment available. As bad as the present economic climate is, mankind has always weathered it, besides the only way a MAN with two hands and two legs can survive, in this 21st Century, to beat inflation and Retire before His Last Breath - IS TO INVEST HIS MONEY IN SOMETHING.
So be of Good Cheer, Keep on Trying and Take it as a Learning Process.Success is a Process & Don't put all your eggs in one basket.
The Bane of today's Global Situation is the Easy Availabilty of Credit Facilities. The More closer you are to the source of Money (In Malaysia - it is the Government in Power), the more you can Hype,deceive and Receive and make suckers out of the Whole Population.
For the Government the Source of Money is:
1. Foreign Direct Investments 2. Commodities 3. Export Trade 4. Infrastructure Projects 5. Taxes 6. Unskilled and semi-skilled Labour ( 11 Million in Malaysia at Present ).
Unskilled and semi- skilled labour has to be kept low through - Ceramahs, preachment exercises, delaying tactics and not informing and educating the People through a 1st World System like Finland's - in order to encourage Foreign Direct Investment, Entrepreneurs (also called cheap labour opportunists ) and the creation of WORK for the unemployed.
If you have 'matured' to the level that you realise that you are being EXPLOITED, you can't blame the system anyway. Direct Selling, Multilevel Marketing, Real Estate, Insurance and Unit Trust selling are all there to give you the Dream and The Feeling that YOU are your own BOSS. 1 in a 1000 do succeed thus spurning a worldwide Direct Selling Industry. Cheers !
Plans, projects, blue prints are nothing but ways to buy time in a challenging economic environment in exchange for cash.
The poor,illiterate, uneducated, unconnected and uninformed will forever be manipulated and exploited by schemes, scams, frauds and charlatans. At a time like this - there is nothing a man should desire more than WISDOM.
So be of Good Cheer, Keep on Trying and Take it as a Learning Process.Success is a Process & Don't put all your eggs in one basket.
The Bane of today's Global Situation is the Easy Availabilty of Credit Facilities. The More closer you are to the source of Money (In Malaysia - it is the Government in Power), the more you can Hype,deceive and Receive and make suckers out of the Whole Population.
For the Government the Source of Money is:
1. Foreign Direct Investments 2. Commodities 3. Export Trade 4. Infrastructure Projects 5. Taxes 6. Unskilled and semi-skilled Labour ( 11 Million in Malaysia at Present ).
Unskilled and semi- skilled labour has to be kept low through - Ceramahs, preachment exercises, delaying tactics and not informing and educating the People through a 1st World System like Finland's - in order to encourage Foreign Direct Investment, Entrepreneurs (also called cheap labour opportunists ) and the creation of WORK for the unemployed.
If you have 'matured' to the level that you realise that you are being EXPLOITED, you can't blame the system anyway. Direct Selling, Multilevel Marketing, Real Estate, Insurance and Unit Trust selling are all there to give you the Dream and The Feeling that YOU are your own BOSS. 1 in a 1000 do succeed thus spurning a worldwide Direct Selling Industry. Cheers !
Plans, projects, blue prints are nothing but ways to buy time in a challenging economic environment in exchange for cash.
The poor,illiterate, uneducated, unconnected and uninformed will forever be manipulated and exploited by schemes, scams, frauds and charlatans. At a time like this - there is nothing a man should desire more than WISDOM.
Wednesday, November 26, 2008
The Price of Healthcare
In 1994 the World Health Organisation released a staggering report from the Congress in Geneva. Of the 5.6 billion people on our planet, 2.5 billion are ill at any one time!
During 1994, 6 million people died from cancer.
Now it is 2008 with 7 Billion people on our planet. Lifespan expectancy has increased but there is no improvement in Modern Lifestyle Diseases.
Over 10 million died from cardiovascular disease, i.e. heart and circulation problems.
These problems are increasing. The incidence of asthma, diabetes and a host of other diseases are on the increase, and we know that 70% of all deaths are premature because of diet related deficiencies and excesses.
Now 30% of our school children are overweight or suffer from hypertension, high blood pressure or other debilitating diseases such as asthma or diabetes!
§ One in four children now carry a Ventolin® inhaler or similar device.
§ The incidence of diabetes has increased 10 fold since 1935!
The problem is the "Western style diet, Polluted Food Chain, adulterated water and Lack of Exercise".
During 1994, 6 million people died from cancer.
Now it is 2008 with 7 Billion people on our planet. Lifespan expectancy has increased but there is no improvement in Modern Lifestyle Diseases.
Over 10 million died from cardiovascular disease, i.e. heart and circulation problems.
These problems are increasing. The incidence of asthma, diabetes and a host of other diseases are on the increase, and we know that 70% of all deaths are premature because of diet related deficiencies and excesses.
Now 30% of our school children are overweight or suffer from hypertension, high blood pressure or other debilitating diseases such as asthma or diabetes!
§ One in four children now carry a Ventolin® inhaler or similar device.
§ The incidence of diabetes has increased 10 fold since 1935!
The problem is the "Western style diet, Polluted Food Chain, adulterated water and Lack of Exercise".
Tuesday, November 25, 2008
Now, Anyone can start a Global Business
George Knight and a team of businessmen from around Australia researched and evolved some of the most exciting business strategies ever devised to allow almost anyone with a business mentality to accumulate wealth. They are:
1. A viable product that had mass appeal with consistent on-going usage.
2. A method of teaching business skills.
3. Low overheads (with no staff)
4. Risk free
5. Low entry investments with high returns
6.Market expansion 7.Stable and financially strong support system.
The MPR Project has all these ingredients in this Strategy EXCEPT the 1st - A Product. However, we are now in the 21st Century where we realise that NOT only a tangible thing is considered a Product But also intangible Things - Ideas, Concepts, Feel Good Packages, Communities, Pictures, Words. People actually part with money to feel good and have HOPE.
Having said that - MPR Project's "Product" can very well be - "Raising the Living Standard of the People" who have been drained of their, investments, savings, time, energy, effort due to a myriad of Causes Ranging from Global Recession to just plain Bad Luck !" - NOW THAT IS WHAT I CALL A HANDY PRODUCT AND SERVICE !
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