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Lesson from a couple who lost $300k in property investment deal
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It is always better to invest with a reputable company that offers modest returns than to be swayed by an unknown party that promises the sky.
ST ILLUSTRATION: MANNY FRANCISCO
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SINGAPORE - A couple lured into investing in a private business on expectations of lucrative returns learnt an expensive lesson when they ended up losing over $300,000.
Any private business investment carries an inherent risk: If you can’t easily cash out, you will likely not get your money back if the enterprise reneges on the deal.
