This okes main entry point is that he started with $200 only, and without investing anything more out of his own pocket he is showing how his income is increasing. So wil defeat the purpose to put in more funds. But ja agree at first sight it looks strange, why not put in everything you have if...
Doesnt look the same, MTI is almost getting 3x the returns promised by Mr Pretorius.
https://www.forbes.com/sites/jordanmaglich/2012/08/08/murder-suicide-at-center-of-potential-245-million-south-african-ponzi-scheme/
I agree 100%. But the majority of advisors would have warned you against it and said that the risk is too high.
The decision is yours, if your friend phoned you and said you must buy sasol shares and the whole thing planked, would you have been angry at him? It remained your decision.
But ja...
Yes I agree with you and throughout the thread you have raised very good points. Just saying that if it turns out bad, Im still going to take my family out for dinner and put it behind me.
But what if its not? Just say that in 5years time this company is still going, and you did not risk at least 1% of your portfolio? I say take the risk, as long as it is a calculated one.
If you put money in a scheme which you cant afford to loose then you must seek financial education.
However, If no one was willing to gamble casinos and lotteries would be non-existant. Still they make some rich and ruin those who risk too much. If you have R1mil and put R10k in, what is the...
Is this completely outrageous? I know btc global guaranteed 2% per day, this is 5 times less and not guaranteed.
What will qualify as acceptable returns not to be judged as a scam?