Stocks Investing – My Road to Wealth & to Help People

Last Saturday 31/05/2008, I went to auction fair at Renaissance Hotel KL. There was a unit at Palma Perak, Kota Damansara for auction. Reserved price was at RM120k. Unfortunately for me, the unit was called off last minute.

I wonder how the owner can come out with the money at last minute? whether it is the owner money or someone intelligently approached the owner and paid all outstanding payments. The buyer got the unit at a good price and the owner was saved from having NPL.

Either way, it was a good lesson for me. Next time approach the owner and make and offer. Furthermore through my friends staying there, the owner really wanted to sell the unit. But again unfortunately I got the information last minute.