Wednesday, February 8, 2023
HomePassive Income$32m luxurious items rip-off and a sufferer who misplaced $18K.

$32m luxurious items rip-off and a sufferer who misplaced $18K.

Some individuals have to be questioning why AK has not blogged in so many weeks?

Common readers of ASSI should not be shocked anymore as AK spends most of his time in different worlds.

I’m nonetheless spending time in Neverwinter and Genshin Affect.

I needed to drop Black Desert On-line and Star Wars The Previous Republic.

Simply do not have sufficient time particularly when I’m attempting to get again to a more healthy way of life by having some bodily train which is both climbing 80 flooring of stairs or strolling 10,000 steps a day.

I nonetheless keep up to date on cash issues as a lot as doable like how Sabana REIT’s DPU went up however ESR REIT’s DPU went down.

Sabana REIT’s gearing stage is decrease whereas ESR REIT’s gearing stage is larger.

Sabana REIT is buying and selling at a 15% low cost to NAV whereas ESR REIT is buying and selling at a 15% premium to NAV.

Simply saying.

I like climbing stairs extra as a result of it’s environment friendly and additionally it is protected to learn the information after I do it as it’s unlikely that there can be anybody else climbing 80 flooring on the identical time and in the identical block which could lead to an accident.

I do not all the time learn critical stuff.

I’m solely human and like gossip every so often.

Simply now, I examine how a pair ran away with $32 million which clients paid them upfront for luxurious items.

There are such a lot of issues that I might say about this however a good friend instructed me earlier than to stay and let stay.


Wealthy individuals can afford and if they do not purchase luxurious items, they can not carry their cash with them once they die anyway.


Eh, I do not know.

You say leh?


You say AK is 铁公鸡?

In fact, readers who’ve been following my weblog for a very long time would know what AK would have mentioned previously.

AK modified liao.


Cham lah.

However hor I actually could not tahan after I learn the case which was talked about on the finish of the article.

Some individual helped a good friend to order an $18,000 Rolex watch from the scammers and mentioned that the good friend could be very pissed now as a result of that may be a huge a part of his financial savings.

In fact, I do not know if actually is purchased on behalf of a good friend or too shy to say is for himself.

$18,000 is a giant a part of his financial savings?

What share can be a “huge” half?

It’s completely different from individual to individual but when $18,000 is a “huge” half, why purchase a Rolex watch with it and from a doubtful supply too?

Face palm like that.

It jogs my memory of what a good friend instructed me earlier than.

As soon as we’re making $5,000 a month or extra in employment, we must always go and purchase a luxurious model watch like a Panerai or Longines to point out those who we have now arrived.

Who’re the individuals?

AK blur.

Individuals care meh?

I do not care.

Additionally, arrived the place?

Clearly, wherever it’s, I’ve not been earlier than.

AK blur once more.

How like that?


I solely know that I did not get to the place I’m by utilizing a “huge” a part of my financial savings to purchase luxurious items.

1. $1 million and stair climbing.
2. Not profitable in SG until you do that.
3. Retiring by 40 is a fantasy for many.
4. Shopping for a $500,000 watch…
5. Sabana REIT: Nearer to 52c NAV.



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