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Guys....come this side..
1,194,730 views • 3 years ago •via X (Twitter)
33 Comments

@Mlu__N2 Scammer 101 Step 1: Have good English Step 2: Use your hands like Andrew Tate Step 3: Take what Americans say on their podcast and repeat back on SA podcasts.

@Mlu__N2 sure it’s really not a great example to explain his point… BUT I can see what he probably intended & meant leverage as a concept (within a risk strategy) is incredibly powerful

@Mlu__N2 "Hi bank. I'd like to leverage this money 100:1. No, I don't have the equivalent amount in collateral. I want to make that much and you will carry the risk. Hello? Hello?"

@Mlu__N2 My favorite part is where the bank gives you 100 million just nje

@Mlu__N2 Scammy Scammy

@Mlu__N2 Never mind the borrowing, our economy is not allowing any of this instead we r stuck with properties that we can’t even sell with the same value we bought them for. It’s insane and an old tale

@Mlu__N2 I hv relatives who are still paying back loans taken for trading, angbahlebi bayaz. i am laughing 🤣 coz i warned them soo much about this (trading with leverage) & They said “I will die poor”.

@Mlu__N2 Scammer thus one ☝🏻

@Mlu__N2 Is there a bank in SA that would give a black person a loan of R100m though? You see, educated black people are a problem, I swear 🤣🤣

@Mlu__N2 Hmmm the maths is not mathsing here. The love of quick money never ends well.

@Mlu__N2 He needs to rest from lying, he even look tired now.

@Mlu__N2 “I walk out with a 100 million”

@Mlu__N2 Lol it’s giving off these vibes 😂😂😂😂😂😂

@Mlu__N2 Impractical

@Mlu__N2 You see how dangerous clips are when taken out of context. If you were to listen to the full context, you would understand that this wasn't about houses but rather an explanation of 'leverage' using a context that is understandable to everyone.

@Mlu__N2 This is the problem with short clips, you didn’t include the context of the question. I’m not a fan of his but this is just misleading.

@Mlu__N2 I wish no bank will give a black child a 100ml they can’t even give us a simple home loans 100 👀

@Mlu__N2 He's a member of Rise Mzansi? Does he have a position there 🤔

@Mlu__N2 Really? Now show me how you can leverage R1000 into a R100’000 loan because trust me I have a R1000.

@Mlu__N2 Financial institution being a broker when trading forex, Not a bank when you're borrowing money. But he's using "buying property" For everyone to understand instead of currencies, indices or other traded instruments.

@Mlu__N2 It’s theoretical because in reality no financial institution will grant you a 100bar loan on a 1 bar margin.

@Mlu__N2 @MeepoM my friend we are doing the wrong things. Please maan let’s put our heads together

@Mlu__N2 he was talking about leverage in forex trading, this was an an example he used to explain the concept!

@Mlu__N2 He has a point but feudiciary effect is such that you must demonstrate ability to return that money as in assets elsewhere should be liquidatable to cover that should the market condition on the primary agreement be adverse for the duration of the loan service period.

@Mlu__N2 How do you twang bullshit with a straight face? Which bank would give you 100million just because you showed them “your margin” 1million?

@Mlu__N2 "Let's say I have a million..." it's an example guys please.

@Mlu__N2 Lying with a serious face

@Mlu__N2 The Queen's language will have mense scammed Shem😭😭😭😭

@Mlu__N2 Talk is very cheap! The reality is totally different from what is said here! I promise you! I wonder which institution is going to give a black businessman R100 million?

@Mlu__N2 The bank looks at how much monthly income you have available in order to repay your mortgages. So even if you have a million rands but no monthly income they will decline your application. That million does not guarantee them that you’ll be able to meet your monthly repayments.

@Mlu__N2 I would have took this seriously if it wasn’t sandile shezi saying this nonsense

@Mlu__N2 With each passing day lentwana starts looking like Vusi Thembekwayo 🤣🤣🤣🤣

@Mlu__N2 That's why I never rate anything that comes from that podcast. 🚮
