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Stock Market Enthusiast
Top 3 AI/Data Center Newsflow for the 3rd Week of December - #TENAGA, #YTL, #YTLPOWER
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save malaysia!
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
contemplator
104 posts
Posted by contemplator > 2016-03-01 08:32 | Report Abuse
In first scenario, xiao ming's brother should dispense interest to xiao ming.
130k is not a small amount to xiao ming, that money borrowed should be protected by a written contract in lawyer firm with agreed interest rate.
In any scenario, xiao ming is exposed to debtor's default and his compensation solely depends on sympathy of debtor.
Xiao ming is terrible in managing his money
PS: any money borrowed to relative or friend, you should expect that you can not get those money back.