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Wednesday, October 22, 2008

Guarantee Make Money Seminars: BEWARE

Good morning everyone,

This is an article you must read BEFORE you part with your hard earned money to someone else and the person guaranteed to be rich is him and NOT you.

Today we are going to spill the beans on some GUARANTEED MAKE MONEY seminars: Be it FX, Options, Real Estate, MLM, Education, Stocks, Marketing or Internet. You will definitely learn something useful in every seminar, but the main issue is the cost of these seminars.


Economic times are bad, but there are always innovative people who can make money at any economic climate: Most are mainly making big money at the expense of the middle and lower class, but the poor do not realise that, due to excellent marketing and half truth presentations by these marketing maestros.

We spill the beans on what goes on behind the scenes, and the other half truths that are NOT told to you at the seminars, before you make an informed decision to part with your hard earned money.

Everybody wants to make lots of money, and humans are blinded by this desire: They see the testimonials of former participants making money and they think, hey, so many people are making money, then I would too! But what they do not realise is the other participants who LOST money, and their testimonials are not printed.


Fact Number 1: These money-spinning maestros would have a clause requiring students to print their testimonials if they make money, and those who lose money would be brushed aside. If you see it from the BIG picture, its all a numbers game: 100 people sign up for the FX or Options Course, some will make money, some will lose money. It is impossible for everyone to lose money, so all they need to do is to publish these winning testimonials, and you have a small piece of the jigsaw puzzle showing all the glitz and glamour of your ticket to retirement by paying them the course fees. But put in ALL the jigsaw pieces together and you see a good number of participants losing money and YOU could be one of them.

Fact Number 2: Becareful about Guarantees that these maestros claim. The word Guarantee by itself has a calming subconscious effect on your emotional urge to part with your money. HOLD YOUR WALLETS! Observe how the guarantee is phrased:
"We Guarantee that you will make money in your trade!" People who see these phrase would think they are guaranteed to make money: WRONG! These maestros structure the phrases cleverly to play with your mind.

What it means is that if you lose in your first trade, and you lose in your second trade, and you lose in your third trade, but you make money in your fourth trade, the guarantee has been valid, but you still lose money overall! But by the time you realise this, you have already parted with your hard earned money, because the money back guarantee applies if you do not make a winning trade (But you did made money on your 4th trade! so no money back for you).

Fact Number 3: This is an important note: Take Past Performance with a pinch of salt. If the speaker blows his trumpet on his 100% or 250% returns on investment during the past few years, DO TAKE NOTE OF THE TIME FRAME: Between the years 2003 to end 2007, the Singapore Straits Times Index has steadily increased from a paltry 1291 to an all time high of 3906 (Reference: sg.finance.yahoo.com). During those years, every hedge fund was making big money, even your coffeeshop auntie and taxi uncle are boasting of their 300% ROI. So, don't be carried away by these maestro's impressive marketing strategies. The impressive and really outstanding fund managers are those that have made similar returns between late 2007 till now.

Fact Number 4: Normally, the terms and conditions will be given to you after you have parted with your hard earned money, and it usually includes disclaimers where they will make you accept that your investment decisions are done at your own will and any losses will be at your own expense, and there is no refund of course fees. By the time many participants who are losing money realised this, they have no recourse and have to live with it. These are the people we want to help. Of course there will always be the other half which will make money: its because they are destined to make that amount of money in this lifetime, so even if they do not sign up for the seminar, they will make that money somehow in future.

In these bad times, the best way to earn quick money is to sell 'Get rich quick' products: You see it in seminars daily in newspapers, internet,etc, but the law of the universe is that not everyone can get rich: This is a fact; there is only 1 Bill Gates, 1 Mariah Carey, 1 Warren Buffet and plenty of poor people around. Some people who are destined to be rich but are still poor now is because their time is not ripe yet, but when they attend such seminars and become rich, they start their own seminars selling their rags to riches story: Yes everyone should try to have the millionaire mindset, but the law of the universe cannot be changed, or else everyone would be having at least a million bucks in their bank account.

It is always good to attend seminars, because there are much to learn, but we only have limited cash in our bank accounts. Some are charging as much as $2- $3 thousand dollars or even more, and that is way too much. A range of less than $1,000 would be a reasonable range, considering the amount of time and capital you need to recoup the investments, and for the information learned.

The servant of Justice Bao Gong may not share Warren Buffet's wealth, but, having paid MUCH money to help these maestros get richer for their seminars, the least I can do is to share my knowledge with the rest of the lower and middle class who have the desire to obtain a better life for their families. Because after attending so many seminars, the cost do not justify the knowledge learned: Much of these knowledge are actually bits and pieces of information already floating around the internet, it is just placed together in a system and sold to you at a very high premium.

For your information, as all these FX, options and stock trading methodology can be found free of charge in the Web, you just need plenty of time to sieve through and compile the various strategies.


If time permits, I will prepare an ebook on how to trade FX and stocks and distribute free to the masses, so that everyone can benefit from it: It will be the same as what you will receive in these seminars that you pay so much for, but it will be for free.



BUDDHISM:

Buddha commented that wealth should be utilized wisely for the benefit of wife and children, relatives and friends. The foolish make his own misery with the craving for wealth as it happened to another millionaire named Ananda whose attachment was so great to wealth that he advised his son Mulasiri to not give anything to anyone as wealth would decline. He himself too hid his wealth under ground without giving to anyone. And that who was born as a lame beggar who was abandoned by his family itself. (Dhammapada-Balavagga)(http://home.pacific.net.sg/~bvs/economics.htm)

CHRISITANITY:
Let us not become weary in doing good, for at the proper time we will reap a harvest if we do not give up. Galatians 6:9

(http://www.joministries.com/Seven%20Steps%20to%20Destiny.htm)

ISLAM:

"I know of one who repays a profit of more than seven hundred to a dirham (Arabian currency)." He then recited the verse of the Noble Quran in which Allah Almighty mentioned this profit. "The likeness of those who spend their wealth in the Way of Allah, is as the likeness of a grain (of corn); it grows seven ears, and each ear has a hundred grains. Allah gives manifold increase to whom He pleases. And Allah is All-Sufficient for His creatures' needs, All-Knower." (2:261)

(http://www.sahaba.net/modules.php?name=News&file=article&sid=233)

HINDUISM:

Among the wealthy, compassionate men claim the richest wealth, For material wealth is possessed by even contemptible men. Find and follow the good path and be ruled by compassion. For if the various ways are examined, compassion will prove the means to liberation.
- Tirukkural 25: 241-242

(http://www.writespirit.net/religious_traditions/hinduism/quotes_of_hinduism/index_html/?searchterm=wealth)

TAOISM:
In that state of true enlightenment, you and I will give everything without a second thought… and receive the universe.

(http://www.taoism.net/living/1999/199907.htm)


Mulia
Servant of
Justice Bao Gong

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