My Trading Adventure
Vlog : How I get out of DEBT?
CP TEH
Publish date: Thu, 26 Jan 2017, 06:19 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.
Question : How do I get out of debt?
This will be a start of questions ... as I m going thru an e-mail interview.
I can't remember the exact amount of my debt in year 2009, the peak of my debt-ridden situation.
Credit-cards : RM15k ... max there, I guess.
AIA insurance : RM5k
Mom : RM5k
Saadiq n RHB : RM15k
So ... should be around RM40-50k in debt with monthly income less than RM5k. One could not breathe by month-end ... when we have bills to pay and ... well, paying the minimum 5% was all I could do.
So ... I will want to share how I cleared my debt ... debt-free ... and now, start to have 'debt' again, preparing for crash.
Vlog : How I get out of debt?
Thu, Jan 26, 2017 10:00 PM - 11:00 PM
Please join my meeting from your computer, tablet or smartphone.
https://global.gotomeeting.com/join/418198157
I have shared this clip ... and very important to many to understand : GRIT. That is something I have, I guess ... PASSION and perseverance
So ...tonight, I will talk about how I got myself in debt ... and then ... out. Talk about good-bad debt.
TEH
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Discussions
Be the first to like this. Showing 23 of 23 comments
If u follow my tips last week to buy umw oredi 70 cents in pocket....can buy new bicycle for yr kid
2017-01-26 19:35
How can STUPEED cut DEBT...For a year now talk about CUT LOSS CUT LOSS CUT LOSS or CRASH CRASH CRASH
2017-01-26 21:08
Charge each participant rm500 to rm1k, i think he got more than 10 participants for cohort 1 to 5,that alone can make rm25k to rm50k..still got cohort 6 to 20,thought less participants
2017-01-26 21:35
But mack chan is smarter....charge rm4k to rm5k each now and masuk pocket for courses in 2018..should learn from him how to find waterfish...mayb u should go to try yr luck in investalk...
Good luck
2017-01-26 21:38
Really? But seems like he doesn't have much experience in share trading. Only know cut loss strategy.
2017-01-26 22:02
ha ha bro la777.... i just want to hunt for gems hidden treasure......trading is not my cup of tea.... i just cone here n ke poh.. looks like very happening n look see look see
2017-01-26 22:31
My debt already exceeding few millions
I had no idea how to cut debt
I hope my debt could be 50k again one day
:(
2017-01-26 22:50
debt of only 50k and salary a few k.....that's easy to get out of debt. 1 year eat only economy char bee hoon,roti canai,maggi and nasi lemak. everyday stay at home and don't spend.
2017-01-26 23:13
as for me can you solve for me? me in debts of 750k, no job experience(never work before) and have to take care care of my 87 year old dad. no income how to settle my debts?
2017-01-26 23:15
In ten years time
I will see billion in debt is norm
And I will feel the few millions debt today is definitely nothing to be worried about
:)
Expect next wave of hyper inflation to come very soon
2017-01-27 00:53
and yet the greedy people keep complaining about BN. still got work and salary wanna complain.
2017-01-27 01:50
Sad... why sharing idea to mprove life sounds bad!? Or we just wanna make this forum fun ah...
Appropriate debt is always good, else this product won't exist for so long to help people improving one's life! Haha...
2017-01-27 08:34
God give everybody:
2 ears, so that you listen not only one side
2 eyes, so that you can see not only one side
But give only one mouth, which is to tell you to speak very carefully , only after you use both eyes and ears to listen and see.
It also give 32 teeth to assit you in filtering words coming out from one single mouth.
Use god's creation wisely. Do not abuse.
Happy 2017 every one
2017-01-27 08:44
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Sooner of later, me and murali will do a vlog too. Title - How did CPTeh go broke
2017-01-26 19:00