Dear Mr Tan,
I am enjoying reading your Blog almost everyday. Great sharing and learn alot for you.
Someone actually approached me regarding to one of the MLM opporitunity. (Details deleted) Not sure whether have you hear of the company. But many people are investing their Broadband Wireless and Properties Projects.
The reward is excellant. For 1-GP investment (SGD 11800), the return is SGD 1200 per month.
Expecting to break-even within 8 month and get the extra Customer Rebate for the following months up to SGD 19200, Beside that within the 4 to 5 month, they will also give out USD 60000 bonus within 5 years.
Is this a good Investment opporitunity ?
MY REPLY:
I always avoid this type of "high return" investment. I also advise people to avoid investing in anything that looks too attractive, and where they do not really understand the business model. Some of these types of investments are scams.
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