28 December 2008

Reprimanded

Well I guess I have not be as diligent as Mother Blog was hoping I would be. To tell you the truth, there has not been much happen in my part of the world. Most of my day has been dedicated to study. The highlight of my weekend was watching my favourite financial lady - Suze Orman - on CNBC. One of The Doctor's and mine favourite segments is "Can I afford it". We try to guess whether Suze will approve or deny the caller.

Some of the callers to Suze Orman are so funny (as in OMG can you believe it - and not comical) . There was one caller a couple of months ago that called in asking how to get back US$50,000 that was leant to someone who appears to have disappeared. Upon further proding by Suze, it was revealed that the caller didn't lend the money from her personal savings, she had to borrow the money from her bank to lend to this person that has disappeared. Now you can imagine the disabelief that is going on at this point it time, but it gets worst. Suze, after getting over her amazement, asked the caller how she met this person - but before the caller could answer Suze quipped in asking "did you met this person on the Internet"? Sure enough - this is how the caller met the person who took US$50,000 from her. More disbelief!!! But there is more... To top this off, Suze finally asks the caller, "did you actually met this person face to face"??? Can you guess the reply??? The caller said "No I didn't". Can you imagine??? Unfortunately for the caller, the money has long gone and the only advice Suze could offer was to write it off on tax as a bad debt.

Anyone who has access to CNBC, I would highly recommend watching Suze Orman or visiting her web site at http://www.suzeorman.com/ . She has lots of great financial advice and the uncanny ability to see beneath the questions to the real problem...

Anyway thats about all for today, I promise Mother Blog that I try and be more diligent.

Till next time, haveagoodone...

1 comment:

Anonymous said...

ahah now I know your time don't I.
there are some stooopid people about aren't there fancy lending money like that. My Mother used to say.... neither a borrower or a lender be. guess it holds true there.