Comments on: My thoughts on…Cash Plus http://mythoughtsonstuff.com/2007/12/29/my-thoughts-oncash-plus/ Dare you enter the realm of my mind? Wed, 20 Aug 2008 13:45:42 +0000 http://wordpress.org/?v=2.6 By: My thoughts on…the collapse of Cash Plus on My thoughts…on stuff http://mythoughtsonstuff.com/2007/12/29/my-thoughts-oncash-plus/#comment-6485 My thoughts on…the collapse of Cash Plus on My thoughts…on stuff Mon, 21 Apr 2008 04:15:32 +0000 http://mythoughtsonstuff.com/2007/12/29/my-thoughts-oncash-plus/#comment-6485 [...] If you’re a Jamaican, then you already know what’s the hottest thing on the airwaves. That’s right. Cash Plus, and the case of the amazing disappearing funds. If you’re a Jamaican that invested money in said entity, well, sucks to be you. The once beloved investment club that was famous for giving poor people a chance to “step up inna life” has been revealed to be nothing more than an elaborate scam. Normally I’d point and laugh at the fools who weren’t wise enough to look before they leapt, but people’s lives were destroyed by Cash Plus. For those who are late to the party, check this post. [...] [...] If you’re a Jamaican, then you already know what’s the hottest thing on the airwaves. That’s right. Cash Plus, and the case of the amazing disappearing funds. If you’re a Jamaican that invested money in said entity, well, sucks to be you. The once beloved investment club that was famous for giving poor people a chance to “step up inna life” has been revealed to be nothing more than an elaborate scam. Normally I’d point and laugh at the fools who weren’t wise enough to look before they leapt, but people’s lives were destroyed by Cash Plus. For those who are late to the party, check this post. [...]

]]> By: CoolDestiny http://mythoughtsonstuff.com/2007/12/29/my-thoughts-oncash-plus/#comment-4578 CoolDestiny Tue, 08 Jan 2008 20:50:36 +0000 http://mythoughtsonstuff.com/2007/12/29/my-thoughts-oncash-plus/#comment-4578 I have been telling people not to invest and they curse me off saying it's because I work for a bank. I concur with Stuart. Putting your money in a Savings account in bank is not the way to go if you want to make money. You need an investment portfolio to do that, and the stock market is one very good option if you have the appetite for risk. My only regret is that I didn't put some $$ in CP from 2003 when I 1st heard about it. I woulda nice now and coulda take out all my money before di crash. This is just history repeating itself. This is exactly what happened before the financial crash in the 90s when the barrage of merchant banks came on the scene offering higher interest rates. All those crazy people selling their car and taking 2nd mortgage on their house, etc. ... crazy crazy people. I'll pray for them all. I have been telling people not to invest and they curse me off saying it’s because I work for a bank. I concur with Stuart. Putting your money in a Savings account in bank is not the way to go if you want to make money. You need an investment portfolio to do that, and the stock market is one very good option if you have the appetite for risk.

My only regret is that I didn’t put some $$ in CP from 2003 when I 1st heard about it. I woulda nice now and coulda take out all my money before di crash.

This is just history repeating itself. This is exactly what happened before the financial crash in the 90s when the barrage of merchant banks came on the scene offering higher interest rates.
All those crazy people selling their car and taking 2nd mortgage on their house, etc. … crazy crazy people. I’ll pray for them all.

]]> By: Shonari http://mythoughtsonstuff.com/2007/12/29/my-thoughts-oncash-plus/#comment-4551 Shonari Mon, 07 Jan 2008 21:21:00 +0000 http://mythoughtsonstuff.com/2007/12/29/my-thoughts-oncash-plus/#comment-4551 OK this is my first comment as 'nuffcrap' for the new year...yes GS i will be writing again cant say as to what i think of cash plus cuz i have to remain impartial but nice to know you writing about it... OK this is my first comment as ’nuffcrap’ for the new year…yes GS i will be writing again

cant say as to what i think of cash plus cuz i have to remain impartial but nice to know you writing about it…

]]> By: taylor2nd http://mythoughtsonstuff.com/2007/12/29/my-thoughts-oncash-plus/#comment-4396 taylor2nd Mon, 31 Dec 2007 13:58:31 +0000 http://mythoughtsonstuff.com/2007/12/29/my-thoughts-oncash-plus/#comment-4396 dont make no damn sense.. but in all honesty.. i dunno it working for some so w/e.. i sure as hell wont invest in it though.. not happening. dont make no damn sense.. but in all honesty.. i dunno it working for some so w/e.. i sure as hell wont invest in it though.. not happening.

]]> By: kami http://mythoughtsonstuff.com/2007/12/29/my-thoughts-oncash-plus/#comment-4394 kami Mon, 31 Dec 2007 11:52:13 +0000 http://mythoughtsonstuff.com/2007/12/29/my-thoughts-oncash-plus/#comment-4394 Am with enemy if it sounds too good to be true...it is. 100% returnsa cannot be sustainable Am with enemy if it sounds too good to be true…it is. 100% returnsa cannot be sustainable

]]> By: Stuart http://mythoughtsonstuff.com/2007/12/29/my-thoughts-oncash-plus/#comment-4388 Stuart Mon, 31 Dec 2007 04:09:56 +0000 http://mythoughtsonstuff.com/2007/12/29/my-thoughts-oncash-plus/#comment-4388 Yes, traditional banks do suck (in soooo many ways), but a bank is not really the place to invest your money. Any financial expert will tell you, if you want to invest for the long term, the stock market is the way to go. Yes, traditional banks do suck (in soooo many ways), but a bank is not really the place to invest your money. Any financial expert will tell you, if you want to invest for the long term, the stock market is the way to go.

]]> By: Jamaipanese http://mythoughtsonstuff.com/2007/12/29/my-thoughts-oncash-plus/#comment-4381 Jamaipanese Sun, 30 Dec 2007 17:56:21 +0000 http://mythoughtsonstuff.com/2007/12/29/my-thoughts-oncash-plus/#comment-4381 screw traditional banks I have three choices for the bulk of my savings...under my mattress....a community "partner" as we call it in Ja..or CASHPLUS! screw traditional banks

I have three choices for the bulk of my savings…under my mattress….a community “partner” as we call it in Ja..or CASHPLUS!

]]> By: owen http://mythoughtsonstuff.com/2007/12/29/my-thoughts-oncash-plus/#comment-4380 owen Sun, 30 Dec 2007 17:18:13 +0000 http://mythoughtsonstuff.com/2007/12/29/my-thoughts-oncash-plus/#comment-4380 cp mainly brought to light the fact that traditional banks suck cp mainly brought to light the fact that traditional banks suck

]]> By: Stuart http://mythoughtsonstuff.com/2007/12/29/my-thoughts-oncash-plus/#comment-4374 Stuart Sun, 30 Dec 2007 07:42:02 +0000 http://mythoughtsonstuff.com/2007/12/29/my-thoughts-oncash-plus/#comment-4374 How can you be rooting for Cash Plus? Are you crazy? Some guy, who nobody has heard of before, suddenly appears on the scene (and can disappear just as suddenly), promises people 10% per month, and doesn't reveal how he intends to make this money. Yeah, that is going to work out fine. I personally think the government is very brave (and very stupid) to get involved in this, they are just setting themselves up to be blamed WHEN things go bad. How can you be rooting for Cash Plus? Are you crazy? Some guy, who nobody has heard of before, suddenly appears on the scene (and can disappear just as suddenly), promises people 10% per month, and doesn’t reveal how he intends to make this money. Yeah, that is going to work out fine.

I personally think the government is very brave (and very stupid) to get involved in this, they are just setting themselves up to be blamed WHEN things go bad.

]]> By: Leon http://mythoughtsonstuff.com/2007/12/29/my-thoughts-oncash-plus/#comment-4370 Leon Sun, 30 Dec 2007 03:32:47 +0000 http://mythoughtsonstuff.com/2007/12/29/my-thoughts-oncash-plus/#comment-4370 Don't worry Gordon. I don't post anything on my blog that I wouldn't talk about in casual conversation. Enemy, I agree. Don’t worry Gordon. I don’t post anything on my blog that I wouldn’t talk about in casual conversation. Enemy, I agree.

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