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Why some Singaporeans are destined to be poor
By SG Wealth Builder  •  May 7, 2014
 
Whenever I flip through The Strait Times, there are so many get-rich quick seminars advertisements on forex trading. It seems that the advertisers are targeting the growing aspirations of middle-class Singaporeans seeking to become rich quick through forex trading. These seminars are often marketed as "enrichment classes" with catchy tag lines such as "Mr X makes 2,000% profit in one month, so can you!" or "Mrs Y turned $2,000 into $50,000 in three weeks, so can you! Also, during the seminars, the modus operandi is to highlight the opportunity to retire young and the chance to earn extra income. The organisers would use hard-selling tactics and misled people into the false impression that the trading techniques can produce good money. In return, consumers had to pay thousands for these seminars or buy their in-house trading software. I do not have the figures on the profile nor the number ...
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By SG Wealth Builder
Welcome to SG Wealth Builder! My name is Gerald and I hope that you find this blog useful in your wealth building journey. The motto of this blog is “to make money, to build wealth and to preserve wealth” ...
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