MLM still popular?

charlize SG

oh.. haha..! i ever went up e sunshine thingy before.. where they keep desribing how young this guy is.. and he achieved to be a millionaire etc... and all sorts of crap.. and even took me for a walk at their carpark... so many BMWs... hmmm... seriously wonder out of 1000 ppl who got recruited... hw many will strike it big?

It's the 990 people who are paying for the company's 10 BMWs.

eagle SG

MLM: Buy products at low price from company and sell them at a higher price to other people

Stocks: Buy stocks at lower price and sell them to others at a higher price

Any diff?
Both also involve equal risks in buying; the risk of losing 100% capital.

yiha093 SG

interesting.

ekovd SG

MLM: Buy products at low price from company and sell them at a higher price to other people

Stocks: Buy stocks at lower price and sell them to others at a higher price

Any diff?
Both also involve equal risks in buying; the risk of losing 100% capital.

If you can lose 100% initial capital in shares, I suggest you not to try, or quit immediately.

eagle SG

If you can lose 100% initial capital in shares, I suggest you not to try, or quit immediately.

I can earn >100%

It was for example that I took the worst case scenario for a newbie using own funds, not using CFD or any leverage, shorts, etc.... and compare with a newbie entering MLM

Googooboyy SG

I think MLM has gotten a bad name here already! Haha..

Imagine this, an old time friend whom you've not met in years suddenly calls you and asks how you've been. Then he politely asks for a meet up to discuss with you about a potential business opportunity. And then, wham, bang, you say nono and the phone suddenly got bad reception and somehow battery dead. Since then your old time friend inexplicably can no longer seem to contact you at your same number again.

Lol, ahhh, old school MLM tactics right? Good laughs during reunions -- among non MLM friends that is!

« Previous Page