The scheme

A year ago, I remember having dinner with my friend at Canteen 1. I recall him mentioning about a terrific investment which he was giving serious consideration. One of our mutual friends had made an investment in the company and he was making good returns on his investment and was advising his family members to seize the opportunity. My friend recommended me the investment and I was very skeptical at that point of time for a number of reasons.

It was too good to be true and I sensed something was amiss about the scheme. The company was Sunshine Empire. When I saw the company in the paper last week, I thought it was the bread company. After a friend told me about the company's name today, it begun to dawn upon me that it was the same company which my friend recommended me a year back.

My 2 friends had invested a bit of money into the scheme and it will be sometime before they might get their money back. I will have flipped if I was in their shoes losing my hard earned money. This is a very important lesson for future investors who should think twice about such easy get rich schemes.

Investment

I have officially begun my education at NTU where I am doing something useful with my time for the first time in 4 years. I felt almost lost wandering aimlessly for the past 4 years until I stumbled upon investment. I am currently reading an investment book written by Peter Lynch and have finished 1 book earlier and gained a considerable amount of knowledge in the space of a month and I still have long long way to go.

I have benefitted tremendously from having a few friends who are more knowledgable than myself in finance and business whom I can clarify with if I have any doubts. Friends do play an important role. I am not sure if this is my true passion as my new found passion has yet to be tested. Only time will be my judge and I will find out. Until then, it is investment time.

To the person who loaned me Rich Pop Poor Pop: Thank you so much.