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Why are these 'investment' meetings held? |
They claim to have made a lot of money and want to get you to do the same by attending their meeting. I can not understand if they have a good way to make money why do they want to share it with others? Be careful by the way. If you sign in your own home you have a cooling off period. If you go to them you do not. I think these things are a scam My boyfriend works in the industry. Always check that the company is FSA regulated (this is in the UK). If it is not , stay clear of them !The reason why they want your money is because they charge you an initial fee to enter the fund , annual management fees and exit fee. They are guaranteed to make money for themselves this way even when markets are going down. If you are rich enough to invest in a hedge fund they will even charge a performance fee , normally they will take 20% of your profits. Can you say.....pyramid scheme??? Perhaps the way they make money is to charge other people a fee for teaching them how to make a lot of money??? don't bother with that lot |
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Several people here have some good information so let me just add a couple of things. Paying some part of closing costs or loan fees for a buyer is not unusual and often part of the negotiation. S... 3 decades is a LONG time. The long term trend for real estate since darn near the beginning of man has been up. There have been intermitant disruptions in the trend. After the plague hit Europe,... Only a fool would be interested in your offer. Paying $300K to get $20K plus 1/2 profit of future appreciation on a house in a down market you claimed worth $900K with $650K loan. ...Thats more of an finanical advisor, which I think you need a licence for. If everyone agrees to buy a stock, and your the one who just handles the account and does all the trades, thats fine. ...the penalty to close it out early will most likely be smaller than the amount JG will settle it for. Besides, I dont think they do those type of investment annuities. I think they only do structure... At your age and with so little money, stocks are your best bet. But don't jump in blindly. Read everything you can by Warren Buffet and Benjamin Graham. Then move on to more modern books li... It may be that ING is reflecting the drop in rates more quickly. It may also be that WAMU is aggressively attracting new deposits. ...I have several Duplexes. they are money makers. But I also know how to do all the repairs, and they were in decent shape when purchased. One side paid the bills, while the other side paid me.. ... |
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