Thursday, 11 August 2016
Investing advice for 20 somethings - that's how I have done it too!
Read? Career advice for 20 somethings - that's how I approach investing tool
So after reading a few investment bloggers who have achieved financial independence and then knowing a few more investment bloggers reaching financial independence soon.
You became so inspired!
You love to follow them to financial independence; then you have enough FU$ or No Thanks$ to stay on your job as option.
Wonderful and great feeling!
Trust but Verify - SMOL
One upon a time, one day Uncle8888 innocently and doubtfully asked this late millionaire "Guru" who has wonderful gave back plan to society to make 10,000 future millionaires through his investment training course at his blog's chatbox one simple Yes or No question.
Did you become millionaire from your investment gains in the stock market or from your business? If yes, can show an audited statement of your investment gains?
Till his grave; he still haven't answer this simple Yes and No question.
In investing, your account size really matters - CW8888
The best approach to build up this account size?
You are inspired to build it through the stock market?
Then Good Luck!
Edge in long-term investing across market cycles?
Not account size; then what?
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Quote "10,000 future millionaires through his investment training course ..."
ReplyDeletelol... I have the same doubt as well. Below is my thought I wrote in Jul 2012.
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Do you think his mission of making 1 million millionaire realistic? Todate there > 2000 graduates, how many has attain this? Or even $100k?
To me I think it is a marketing gimmic so that he could profit $$$$$ from selling his seminar. Don't get me wrong here, I think his teaching is good and practical; but in reality only top 10% can make it. This is law of universe!
CW,
ReplyDeleteI wonder how many of his students followed their "shepherd guru" and jumped into land banking?
But must say some of his smarter students saw the light and started their own dream hawking academies themselves ;)
Same same techniques are used by weight loss or hair loss centres too.
Prey on people with holes in their hearts.
Not sure why not many put up reasonable request for an audited statement to prove it?
DeleteCW,
DeleteMaybe they are not fundamental investors?
All they need is wriggly lines on a chart with dotted extrapolated lines from the bottom left to upper right corner?
Jared told me they only put up the good statement, bad statement they keep in closet!
ReplyDeleteThanks to Jared the guru buster, now I know! Hahahaha...