I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!


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This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

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Sunday 29 August 2010

Why the guy was so talented, he has to give seminars?

Borrow the idea from La Papillion

** "BIAS" is a special feature in my blog where I get to say whatever I want with scant regards for your feelings. I'm not politically correct in this feature, so go ahead, judge me."

I am going to do another BIAS!

Read older posting? Me, No multi-baggers :-( (Revisit)

Read more? Monitor courses by 'trading gurus' but you don't be the next Jack!

Singapore Stock Picker wrote in the comment..."hey which day's newspapers did you see the ad? I saw it too and I was quite curious as to why the guy was so talented, he has to give seminars.."

I also attended a few of such free preview seminars on how to make money on stocks or property and other money making stuff.

Most of these "Gurus" may claim that they or their founders have made millions of dollars for themselves using the less known secret strategies of  money making techniques. They may even say that actually there was no need for them to conduct training course as they were already so rich; but they felt it was time for them to "GIVE" back to the society and to help small investors to make money.

They may further say that they don't really earn much as compare to what they could make from their money making secrets so it was indeed a very BIG sacrifice of their precious time for them to "GIVE" back but it was worthwhile to do it.

What did you see in the picture below?

If you still don't see it. Let me know. I will tell you.

To charge $X,XXX for a 2-day seminar is giving back to the society? What a joke? It is actually another income stream to the seminar owner.

Watch out! These "Gurus" will tell you that one should not be cheapskate on their investment or financial education as the cost for not doing so is much higher when you lose badly in your investment due to lack of knowledge and skills in trading or investing.
Since these "Gurus" are already millionaires themselves why is there a need to try to make peanuts from investor's education. To really give back to the society, the "Gurus" should approach SIAS to organize seminars for small investors at $XX based on cost recovery basis and stop squeezing the blood money from small investors who are so poor thing as some of them may have lost years of their saving through bad investment.

1 comment:

  1. Hi,
    What to do?
    Since time immemorial there are heartless people preying on the "mindless" people.
    No disrespect to anyone intended; I know one of them had been conned by stranger on the street; one had been conned by stranger who wanted to buy a property from him.
    Actually, we all have our weak points.
    If our weak points are pressed, we may be conned also.
    Beware! No one is 100% safe from con man.

    ReplyDelete

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