My Trading Adventure

How Money Works

CP TEH
Publish date: Sat, 13 Aug 2011, 11:03 PM
CP TEH
0 2,918
All the writings in this weblog are mainly for PLEASURE reading purposes. I am in NO position to recommend a call(BUY/SELL). Please check with those know-hows before you make a decision. Yes, I am just a learner, with only five years experiences in KLSE. So, please BEAR with me.


A merchant happened to come across a village on one of his travels. This village was not doing well economically. Business was slow, jobs were hard to come by and many people were in debt. He stopped by an inn to see if he likes it enough to stay for the night. He put a $100 bill on the counter as deposit to the innkeeper to allow him to inspect the available rooms.

While the merchant was busy checking out the rooms, the innkeeper went out, taking the $100 with him, to see his supplier. He gave the money to his supplier to pay his outstanding bills for supply of goods to the inn. After receiving the $100, the supplier then gave it to his employee as wages which he had owed for a long time. The employee then went home and on his way met his neighbour who had lent him money several months ago. He repaid the loan from his neighbour with the $100. The neighbour who took the money then went to the inn where a hooker had been providing her 'services' to him on credit. He paid the $100 to the hooker to settle the amount owed to her. When the innkeeper returns to the inn, the hooker gave the $100 to him as payment for the room which she had been staying for the past week.

Just then the merchant completed his inspection and said he will not be staying at the inn after all. He asked for refund of his deposit and the innkepper promptly handed the $100 bill back to him. The merchant then left the inn for another trip elsewhere.

The merchant did not lose anything, nobody became richer but all debts of the innkeeper, his supplier, the employee, the neighbour and the hooker have been settled.

Note : Got this from a forum. Nice.

TEH
More articles on My Trading Adventure
Updates on ABMB and AirAsia

Created by CP TEH | Oct 15, 2019

Waterfall : LKL

Created by CP TEH | Oct 06, 2019

Oct 2nd : DOW minus 343

Created by CP TEH | Oct 02, 2019

23rd Sept : One week to go

Created by CP TEH | Sep 23, 2019

Formula for success

Created by CP TEH | Sep 18, 2019

Steps to be 'successful'

Created by CP TEH | Sep 17, 2019

Discussions
1 person likes this. Showing 1 of 1 comments

Gerhana Matahari Penuh

The merchant did gain anything becoz he yet to rpovide the service. All others has done their services and should be paid for the services and thats why they already settled their debt which is through their service done. This is not the argue the above but to add one way to understand this.

2011-08-14 06:39

Post a Comment