Invest
Rotten apples
By Rainbow Coin  •  June 8, 2020
I am a fruit wholesaler and I have got a pallet of rotten apples. Nobody wants to buy the whole pallet of rotten apples from me (duh!). However, I cannot let the pallet of rotten apples just sit there bringing no value to my business. It's been years and I HAVE to get rid of them. How about I force-distribute the rotten apples to all my business partners to bring home (portion divided based on their shareholding)? They can then try to sell them in the market to those who don't know better or keep for own consumption (eh?). So voilà! The rotten apples are all out of my inventory.Erm wait, actually the pallet is run by one of my kah kia. Oh well, cannot leave him in the lurch. I have to loan him some money first and...
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By Rainbow Coin
I began exploring the financial world in year 2010, hoping to get out of the rat race and be financially independent. 2010 was the aftermath period of the Lehman crisis when a pretty shaken up market was struggling to recover. On hindsight, that was the perfect time to catch multi-bagger stocks should I be a veteran or at least had some basic knowledge of picking up 'gems'. My learning curve was steep then, as I have absolutely no friends or relative who could shed some light on what's investing about.
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