
Originally Posted by
cirext
Of course. And actually everybody saves.
I have banks..but i used them as temporary storage of my finances
NOT WHERE I GROW MY MONEY.
That's y dli kaayo ko sold out anang mutual funds..
I wont get financially better there..
Its only other businessmen that will eventually become more richer.
Here's the system:
Clients put money on Mutual Fund...
IMG gets commission from the Finance Institution...
The Finance Institution gets more money... then lend it to businessmen
The institution earns through interest..
The businessmen that borrowed would venture a business..
And eventually becomes richer.
See the logic?
You may say, that its a win-win situation.
Everybody was at an advantage.
Yes, it maybe true.
But in this case, who among them truly becomes rich?
Its not the IMG Client. Y? Because the earning here is just a small part of the pie.
Its not the IMG Agent either. Because that commission certainly can be easily spent.
Its not the employee of the Finance Institution for certain.
But its both the owner of the Finance Institution and the businessman that borrows.
These two have 1 thing in common.
THEY ARE CIRCULATING THEIR MONEY, and dont hide them somewhere else.