a recent message sent by a group admin from Y.Entrepreneurs, facebook
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Subject: Y.SPECIAL: GREED?! In Crisis.
Recently, I have received many messages and emails on inquiries of what to do in the current economic crisis.
Haha ... if you ask me, my answer is:
"Simply do nothing, I make my own investments as in property and haven't been talking to those pretend-to-be expert financial consultants / planners who themselves are having difficulties managing their own wealth / credit / debt.
However, many of my friends who are working managers, executives and retired business men have lost several thousands and even close to a million by investing in those bonds, shares ...
Sadly, one of them committed suicide but fortunately it was a failed attempt. He is only 33 years old for god's sake. Such prompts me to reply to the many messages that are from members in the group.
If anyone asks me if I am affected, it defintely depend on how you see it.
I am a significant share holder for 2 listed companies in Malaysia, our shares price dropped by almost 20%, however such is basically not the REAL MONEY people assume theirs. My shares were supposely worth 4 Million SGD before the crisis, but now it's down to around 3.2 Million SGD, so do I really lost 0.8 Million SGD.
NO! If you think otherwise, you are likely a greedy person and is prompt to get scammed by the many predators in the industry, seeking to DIG GOLD, just like the famous HYI scams you see on the Internet a few years back.
I aren't saying I aren't greedy. In fact, I maybe greedier than many of you in the group, else I wouldn't be an entrepreneur. However, greed often take over a person's judgement and make him / her do things without thinking straight.
There are of course REAL Opportunities amid the crisis but often GOLDEN opportunities are not so visible and people tend to neglect.
Those Opportunities so open enough that anyone can know from simply the news / word-of-mouth are ... Should I say further?! I doubt.
I hope with this message to the group, those impatient can learn to be patient and those who already suffer losses can cut losses; don't let your instinct / greed takes over you.
Be a REAL person with REAL money; CREDIT (card) is OUT!
These days, the really RICH people are those CASH RICH in Middle East & Russia;
And those LAND RICH in developing countries.
PS: YES! BlogStars.org isn't my primary source of income, it is my interest.
NO! BlogStars.org is not on loan and is not affected by the economic crisis, unless you consider the bad debts we haven't been collecting due to grace for our respectful clients.
Everyone deserves a Second Chance!"
God Bless,
Edwin :)
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当人们都被集中到边缘，无路可进退，听听积极的声音总是好的。。不然真的只能做妖了。。
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