On Get Rich Seminars

[musicwhiz]

All I've spent so far on investing is about $100 buying a couple of good books.

Originally Posted by musicwhiz

All I've spent so far on investing is about $100 buying a couple of good books.

I'm one of those guru trainers.

[Whisper: I learn basic forex trading first from an Idiots book and then from a Dummies book, and then I start selling hope and teach basic trading to unsuspecting people who think they can get rich just by attending seminars, charging an affordable $3k per course and advertising that "my star student can make $10k in just 1 trade". Hohohoh. The only person getting rich is ME! hahahaa ]

[glenndanker]

Please use your head to think. Do your due dligence before embarking on your new journey, don't lay blame. Check out details, see their credentials, u need to know before you enrol.

Originally Posted by glenndanker

Please use your head to think. Do your due dligence before embarking on your new journey, don't lay blame. Check out details, see their credentials, u need to know before you enrol.

It doesn't help when our national papers dedicate a full page interview with a "forex expert" who also claims to make 10 to 15% on average every month.

Like the post above said, if he's so good, our national coffers should give him 1m or so to turn into 1b in a few years.

[glenndanker]

I just like to quote my mum, a story about some blind friends telling one another about how an elephant should look like. one blind man touches the tail and commented: oh elephant is just like a snake, another touched the ear and commented elephant look like a fan.

Be even more cautious of those courses by those motivational instructors who want to teach you forex, options and all the other mumbo jumbo. They claim they have academies to teach you how to get rich but they charge more than $4000 for a month's worth of night classes only. They will emphasis basics and kick you out if you challenge them. They make sure that you will not dare to challenge them ever even if they are wrong.

These places tend to be near the CBD and just costs lots of money to attend. They will even try to send you to Investopedia.

[sportscar]

Originally Posted by wait and wait---

I think it is pretty stupid and boring to sit behind a computer all day long doing trading. No life... Sad but most people like the idea that they can hide at home without meeting any people or selling anything and make lots of money. Zero communication skills. Losers mentality. (Sorry if I offend anybody.)

Start a business. Learn to network and socialise with people. Earn real money. Then invest the money earned from businesses into stocks/real estate and let it grow passively and sleep well every night. That's the right way. This way, few people will attend such courses, thus fewer complains!

If that's what you think then so be it. Life is what we make of it.

[laguna]

I attended some property ones as well. Majorities are trying hard to get u to buy. eg, for US properties, US$35,000. They know u will not fly there to see and manage the property.
Once, I attended one, the agent selling this property for US$35,000. I did a search in front of him and showed him that the same property is available openly for only US$20,000.

Originally Posted by laguna

I attended some property ones as well. Majorities are trying hard to get u to buy. eg, for US properties, US$35,000. They know u will not fly there to see and manage the property.
Once, I attended one, the agent selling this property for US$35,000. I did a search in front of him and showed him that the same property is available openly for only US$20,000.

Now that you know the modus operandi of property seminars, you should start one yourself!

[Qaz]

anyone know a proper course that teaches u how to read charts analyse trends etc? I'd like to learn forex trading and prefer to have a teacher aided by books rather than just reading fm books...