Articles from Azizi Ali, Malaysian Millionaires….
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1. FEATURE ARTICLE: NO SANTA CLAUS
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Lately, I’ve been barraged with questions about Swisscash,
e-suissefund, e-gold and 1,001 other Internet investments.
So I’d like to share an article I wrote for Personal Money
a couple of months ago. Read, enjoy and keep your money!

It’s December, and a time for merry making.

Unfortunately, also a time when our guards are down.

Lately, I have received many queries about money making
schemes on the Internet. The schemes come in varying names,
guises, colour and contraptions. But the bottom line is this
- send them your money, recruit people and all your dreams
will come true with no additional work.

To some, particularly those who are drowning in debts, the
pitch sounds like a call from Santa Claus.

I logged on to such website recently and burst out
laughing. The site uses the name of a country famous for
its financial expertise - Switzerland (obviously to impress
people who wants to be impressed). Incidentally, Bank Negara
and the Securities Commission recently reported that the
company is not licensed to collect money in Malaysia.
Further, the Swiss embassy confirmed that the company had
nothing to do with the country!

What is even more hilarious is when the “fund managers”
stated that they cannot possibly explain to everyone how
they place, invest and trade their money. In other words,
just trust them - don’t let something as minor as the fact
that you will never meet them stop you from giving them
money!

Folks, even the originator of the Ponzi scheme - Charles
Ponzi - said what he was going to do with the money to his
investors, which was to trade stamps. Of course, he lied
about the whole thing. All he did was recycled the money -
paying the earlier investors with the money collected from
later entrants. And as long as there were new “investors”,
the wheels kept on running. But once the inflow stopped,
the whole operation grinded to a halt and thousands of
“investors” lost tons of money.

Interestingly, I do remember reading about similar schemes
in the 1800’s in Europe. As people rushed to dump money
into such schemes - turning metal into gold, spice trade,
shipping to the exotic East and the famous Tulip mania - one
enterprising young man came up with the most exotic scheme
of them all: the scheme was so secretive that he cannot tell
you what it was!

And as incredible as it sounds, he collected a handsome sum
of money. Sure enough, the young man soon disappeared with
the money and was never to be seen again, leaving the greedy
“investors” licking their wounds, empty bank accounts and
very bruised egos.

Today we probably would say that they deserved to lose their
money as only fools and greedy individuals would fall for
such schemes.

The truth is that the money making schemes on the Internet
today are even worse! If things go wrong about such
investments, who are you going to turn to? Once the webpage
is shut down, what happens?

No easy answers.

Folks, at the end of the day, stick with things that you
know and things that have been proven time and again to build
wealth - business and properties. It might take a longer
time but you will not feel like a fool once the Ponzi game
comes to an end - which it surely will.

Of course, I could be wrong. Of course total strangers that
you have never met are lining up to give you a 20 percent return

every month - forever. If it happens, then good for you.
You’ve just met a real life Santa Claus.

But I seriously doubt it.

I do not need to remind you that there is no such thing as
Santa Claus.

PS Those who want more comprehensive answers about such
investments must read my latest Special Report entitled
“The Burning Truth About Swisscash, Get-Rich-Quick
Schemes and Other Unworldly Investments”.

This comprehensive 40 pages report covers schemes such as
Swisscash, forex, Internet GRQ and even Offshore
investments.

Before you send in a single ringgit to the Get-Rich-Quick
Scheme operators, read this report first. It could be the
best RM19.90 you’ve ever spend in your life!

For more details on the above, please click on:

“http://www.MillionairesPlanet.com/books_specialreport.htm”

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2. QUOTE OF THE MONTH
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“He who takes advice about his savings from one who is
inexperienced in such matters, shall pay with his savings
for proving the falsity of their opinions.”

* “The Richest Man in Babylon” *

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3. YOUR QUESTION ANSWERED
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QUES: Assalamualaikum en Azizi. Baru ni saya baca mengenai
petikan encik dalam Dewan Ekonomi..saya amat tertarik dan
minat mengenai pelaburan dalam hartanah, tapi masalahnya
saya sekarang masih student universiti,umur baru 22 tahun.
Saya belum ada duit beribu untuk melabur dalam bidang
hartanah…so,soalan saya:

1. Boleh tak yang belum ada duit melabur dalam bidang
hartanah?

2. Sebagai student, macam mana cara terbaik melabur dalam
bidang hartanah.

ANS: Cara yang terbaik untuk melabur di dalam hartanah (atau
apa-apa pelaburan lain) ialah untuk belajar tentang
pelaburan itu dahulu. Bertanya kepada orang yang arif
tentangnya dan baca buku dan majalah tentangnya.

Dalam kata lain, kumpul ilmu tentang pelaburan itu dahulu.
Apabila ilmu sudah di dada, wang akan datang.

Tanpa ilmu, wang yang ada pun akan hilang - pergi ke poket
mereka yang berilmu.

I know I sound like your father but that is the best advice
when it comes to money.

* HOT TIP *

Read “The Richest Man in Babylon” by George S. Clason