Anyone Here Heard Of Surewin Investment

[vesfreq]

My personal belief is
good deal will never come knocking at your door,
those that come knocking at your door will never be good deal.

101% correct. i always remind my family no stranger is going to talk to you to tell you he is going to put something aka $ in your pocket. Whenever stranger call me or my family, i usually go straight to the point. What do you want from me? Usually stranger caller will just cut of the phone. But very persistent one, I have to tell them to their "face" that there is no free lunch.
Having says this, watch out doubly when caller is friend or kin. Because you may feel obligated. i am only saying if your friend or kin is already fallen into the "trap" if you think so, then just say it as kindly.
My sympathy to all those "pure and simple souls" who will believe anything even from strangers snake oil saleman. And it's a fact, we are all made differently
Shalom.

Like my mum always tell me, if so good, surely got lots of people queueing up liao.

Once a financial planner called and he asked to have a few minutes of my time to talk about some investment products. My following answer usually kill them off. That is, "I am lecturer in accounting and finance." Thats my job really.

You are exactly right. If so good, then no way can it be for real. Good deals being offered are never too good to be true.

I have seen friends turn to strangers cos of all these "products". Quite sad too, especially that they make all kinds of representations just to sell whatever that they are tasked to sell, but not knowing the underlying product. End up, cannot be friends cos too sour either due to me not buying or them giving too much pressure. These are the "snake oil" which mentioned. Too bad... this is the capitalistic world and there are always willing buyers for whatever that willing sellers are ready to put on offer.

Unfortunately, many of these salesmen are trained to approach their friends and relatives first. My view is, keep business out of the friendship and even relationship equation. People fight over money and this is a potential catalyst for breakups.

[corydorus]

Over here people has to "study hard" to get even 10% returns and there is some elements of luck too.
A number of them expert in this field some more. If people has read VB thread, they would not have fall for it
Money is hard to earn. Where got so easy earn and no scam risk one.

[zerobeta]

My personal belief is
good deal will never come knocking at your door,
those that come knocking at your door will never be good deal.

sorry but I don’t entirely concur with this statement...

everyone has to start somewhere even Warren Buffett… if you were the first person he approached in the mid 1950s but you shut him off, you would have regretted by now...

[CCUV]

there use to be auswin listed in sgx....haha

[wsreader]

Once I attended an investment related public talk where the presenter lift up a $10 note and said the first audience to come on stage will get to keep the note. Several people rush up to the stage and the $10 note was of course given to the first.

The audience was thus mentally prep that money do fall from the sky and they have to grab the opportunity before everyone else.

While there are good forums (VB is one of them) where conservative concepts such as "if it is too good to be true, it probably is" are propounded, there are also many avenues where the opposite concepts are peddled.

One precaution we can take is, never make decision on the spot. Make use of the cool off time to do due diligence and seek second (and third or more) opinions. For highly participative seminars where the audience has to repeatedly answer questions aloud or put up hands or run up to the stage, it is even more important to put up extra guard. There is nothing wrong to sit like a log and observe the presentation with a detached and critical mindset.

[Ben]

My personal belief is
good deal will never come knocking at your door,
those that come knocking at your door will never be good deal.

sorry but I don’t entirely concur with this statement...

everyone has to start somewhere even Warren Buffett… if you were the first person he approached in the mid 1950s but you shut him off, you would have regretted by now...

Yes but WB dont tell his investors it is a sure win. In fact, he always said he cant guarantee results, but he can guarantee that he will treat investors' monies like his own. And he puts his money where his mouth is.

I have heard of sure win investments many times, but i have yet to hear anyone win from these sure win.

[specuvestor]

^^Like I mentioned in my previous post... it is clear someone sure win

they never mention who sure win

When Gordon Gekko mentioned "Greed is Good", he omitted to mention that it is good only if you are on the other side of the trade...

[weijian]

My personal belief is
good deal will never come knocking at your door,
those that come knocking at your door will never be good deal.

sorry but I don’t entirely concur with this statement...

everyone has to start somewhere even Warren Buffett… if you were the first person he approached in the mid 1950s but you shut him off, you would have regretted by now...

The problem is....there would probably also be Jack Buffett, Steve Buffett or maybe someone called Pete Soros knocking up your door at one time. Most people dream of finding the real Buffett/Soros (not sure they believe in luck or their own skill to do so). IIRC, when WB managed to raise 1mil USD when he started investing, it came mainly from his own family/relatives/friends/neighbours, people who had the luck/privilege to witness his growing up years that personify his value-investing intellect and temperament. I believe in probability, more than my own perceived skill to be able to 'see through' someone with just hours/days/months of contact.

P.S. If you are a soccer fan, just look at all the past articles of journalists/pundits who came up with headline articles like 'The next 5 big stars' after U19/U21 World Cup championships are over..Over my last 10years of reading them, i can only remember there are much more misses than hits.

[Temperament]

My personal belief is
good deal will never come knocking at your door,
those that come knocking at your door will never be good deal.

101% correct. i always remind my family no stranger is going to talk to you to tell you he is going to put something aka $ in your pocket. Whenever stranger call me or my family, i usually go straight to the point. What do you want from me? Usually stranger caller will just cut of the phone. But very persistent one, I have to tell them to their "face" that there is no free lunch.
Having says this, watch out doubly when caller is friend or kin. Because you may feel obligated. i am only saying if your friend or kin is already fallen into the "trap" if you think so, then just say it as kindly.
My sympathy to all those "pure and simple souls" who will believe anything even from strangers snake oil saleman. And it's a fact, we are all made differently
Shalom.

Like my mum always tell me, if so good, surely got lots of people queueing up liao.

Once a financial planner called and he asked to have a few minutes of my time to talk about some investment products. My following answer usually kill them off. That is, "I am lecturer in accounting and finance." Thats my job really.

You are exactly right. If so good, then no way can it be for real. Good deals being offered are never too good to be true.

I have seen friends turn to strangers cos of all these "products". Quite sad too, especially that they make all kinds of representations just to sell whatever that they are tasked to sell, but not knowing the underlying product. End up, cannot be friends cos too sour either due to me not buying or them giving too much pressure. These are the "snake oil" which mentioned. Too bad... this is the capitalistic world and there are always willing buyers for whatever that willing sellers are ready to put on offer.

Unfortunately, many of these salesmen are trained to approach their friends and relatives first. My view is, keep business out of the friendship and even relationship equation. People fight over money and this is a potential catalyst for breakups.

“賬戶賬號，路是路”
So giving you a treat at my restaurant is different from letting you feast and charged to your account.

[edragon]

[quote='specuvestor' pid='105878' dateline='1422419773']
^^Like I mentioned in my previous post... it is clear someone sure win

Yes, you are right. It's only a transfer of wealth...from someone to another person.
Zero sum game or Zero sum + game ?

Just make sure that in any financial game one do not be the eventual transferor. One must end up to be the transferee.

So to sum up, if you are indeed winning, take profits BE THE TRANSFEREE.
Even though it is against the wisdom of this Site, it is price that we are concerned with eventually. Talked until death, it is still price, price & price so the end game is profit, profit & profit.

If it goes up (the price) we are happy.