The Crisis of Credits.

The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.

This is real..

You want to know what happen?

Watch it!

A very good vimeo to watch~

A friend asked my opinion regarding investment of properties, he's 25 YO.

I said no.

Simple answer : He's young, with no big amount of cash in hands.

Siapa yang giler nak invest kat property tu, dgn loan bank, tak payah la. Property investments are good when people have cash in hands. and nowadays, there are many houses, apartment being build up and expect people to buy, and most of em end up with bankruptcy because they have a huge commitment to make with the bank. That's not even investment even more you end up paying the bank. and the bank owned the property until you finish up paying them with the interest. Makin lama makin naik interest. People tend to work harder for the bank. and there's no end to it y'all!

And nowadays, 700K - 750K range price for a super link house/ terrace house in KL and Selangor. a newly developed ye tuan tuan dan puan puan.

Ada berani?

p/s : i'm talking about investments i.e business ; not personal interest.