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Serious AMDK Worshipper Wet Dream - PRCs Gone Bankrupt with P2P Banking Collapse!
- Thread starter Pinkieslut
- Start date
any p2p lending that claims a yield of over 6.9% every 6.9 months in prc is a wet dream. greed knows no bounds especially with chinks. 
any p2p lending that claims a yield of over 6.9% every 6.9 months in prc is a wet dream. greed knows no bounds especially with chinks.
At the moment anything that claims a 5% return or more should set alarm bells ringing. Of course the Chinese are too blinded by greed to think rationally.
No worries lah! Commie tiongs are richer than sinkies. They can afford to burn 7 million yuan. LOL!
Social Unrest Breaks Out In China After "Panic" Bank Run On Peer-2-Peer Lenders
As for individual investors such as the abovementioned Peter Wan - who was so sure it is his "right" to be bailed out by the government - the pain is acute. He and his family had invested 7 million yuan - their life savings, with which they had planned to use to buy a home at the end of the year - in two P2P platforms that have shut down.
"They recovered none of their investment."
Social Unrest Breaks Out In China After "Panic" Bank Run On Peer-2-Peer Lenders
As for individual investors such as the abovementioned Peter Wan - who was so sure it is his "right" to be bailed out by the government - the pain is acute. He and his family had invested 7 million yuan - their life savings, with which they had planned to use to buy a home at the end of the year - in two P2P platforms that have shut down.
"They recovered none of their investment."
The chinks don't have a clue when it comes to risk assessment. That's why they will never be world leaders in anything.
That goes without saying. You can stop wasting your breath. The whole world knows that chinks , PRC and fake , failure are analogous to each other.
The fund I held have been returning in excess of ~8% in dividends for the last 5 years and a modest paper gain of ~3%. If your investment in making less than 5%, it is very mediocre as it is barely enough to coverage inflation.
I'm sure there are funds which are doing even better than 8%. What I am saying is that if you see an investment that guarantees more than 5% return per annum do NOT put your money in.
no wonder AMDK is the best
amdk understand risk assessment well
they willingly and knowingly let Bernard Madoff ripped them off.
amdk are not greedy , they are street smart and financially well informed
so clever amdk bought shares of enron [a company that practised creative accounting
, in collusion with Arthur Andersen] , because it was named
America's Most Innovative Company for 6 years in a roll.
amdk the best that why they are leaders
cpf safe?
If the Chinese don't cheat, I worry.
Madoff's victims were institutional investors you twit. None of them put their life savings into the Madoff fund it was simply part of their diversified portfolio.
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