Oct 7, 2009

Storm Financial 101

I have been asked to comment on Storm Financial and how to avoid being caught in a Financial scheme dedicated to the obliteration of your capital.

There are a few signals to a Financial Planning Scheme that can be observed some years before the scheme goes arse up.

1. Automatic doors at the entrance.

While I have nothing against automatic doors, they are often
a sign that the client is being beckoned against their will in to a situation , not of their choosing.

I do find that the genius called Shakespeare of great assistance in investing.
Let the doors be shut upon him, that he may play the fool nowhere but in's own house.
Hamlet, 3. 1


So. I would beg you to avoid automatic doors. The choice of entry should be yours and yours alone. I believe its called empowerment in some circles.

So avoid Finacial Planners with Automatic Doors

2. Pretty young women

Now as many an American politician will testify one of the quicker ways to turn a small fortune into nothing is through examining delightfully attractive young women prior to making a big financial decision.

You may be deflected from investing, into attempts at canoodling.

You may be affected by the fresh breath and tones of a young lady selling you a block which is underwater at high tide.

Financial advisers use better discipline.

They place the delightful young lady at the entrance to the office, behind a desk with a computer and a fancy phone which always seems to be ringing.

She will ignore these interruptions, and stand up, usher you to a chair and slowly sashay off to get you an espresso or a skinny latte, while you if you are male, look, and if you are female determine to trim up and look as delightful as she does in her just above knee black skirt and white blouse.

3. Observe the decor. Chairs with much mediterranean red and poncy flared off black wooden legs should heighten ones suspicions especially if you have been sat on one. Large murals, wall hangings, original paintings by obscure artists should equally cause alarm. The carpet if it is cream or lilac is a dead giveaway. Look at the ceiling. Any chandeliers or disco balls are a warning.

gg

Oct 3, 2009

Lawyers as Investment Advisers

Lawyers are good at two things and two things only.

They make lousy tennis buddies, friends and investor advisers, but they are good at.

1 The Law

2 Making money from clients

Google "Bradfield Ponzi NSW" if you don't believe me.

And they usually get away with it.

So, if you want to maximise your losses, get onto an investment run by a lawyer.

Even better include them in your will.

If you do the latter it is very important to get them to draw up the will, otherwise some of your money may end up with your family.


gg

Get a Full Service Broker

A full service broker will charge you 3-4 times what it costs to trade on comsec.com.au or etrade.com.au

There are advantages.

1. You get to talk to someone who will listen to you, very good if you are an orphan or find it difficult to make friends, or are boring and people won't listen to you.

2. You get to buy shares after they have gone up in price and the broker has given them to more important clients than you.

3 You can brag that you have a private broker.

gg

Ozzies save ya Money

So many folk have lost millions from investment scams , I am setting up a virtual assistant to help you lose more.

Follow this advice and you will lose heaps.

If you decide not to, don't worry.

Others will take my advice.

You will miss out.

gg