Shocking Truth on some Stock Gurus! (2)

Just For Thinking ...

Read? Shocking Truth on some Stock Gurus!

I realized that there are actually two groups of Stock Gurus.

Really Good Stock Gurus

1. They move on to Private Equity or Investment Management to become Money or Private Fund Managers.
2. They typically charge 1% management fee and 20% performance fee with high water mark.
3. They don't anyhow make money from men-in-the-street. They earned their fee from accredited investors.

An "accredited investor" is defined as:


(a) an individual:

(i) whose net personal assets exceed in value S$2 million (or its equivalent in foreign currency) or such other amount as MAS may prescribe in place of the first amount; or

(ii) whose income in the preceding 12 months is not less than S$300,000 (or its equivalent in foreign currency) or such other amount as the Authority may prescribe in place of the first amount;

They called themselves Stock Gurus

1. They become Master Trainers who can teach you the easy way to make money from the stock market.
2. They charge only $X,XXX but made their money from the not-so-rich retail investors, sometime from retired uncles and aunties and even NSF men.

See the difference.

Another dose for Mr. SMOL. Hope you like it again. LOL!