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ISACO/ Stephen Sutherland

sunil1234
sunil1234 Posts: 179 Forumite
edited 12 October 2010 at 8:36AM in Savings & investments
Hi

Liquid Millionaire?

Would love to hear if anyone invested in isaco .

"With ISA trend investing you trade investment funds using an ISA a SIPP or both to achieve tax free index beating returns.The book was written by Stephen Sutherland who turned $31,409 into $1.28 million in 38 months. You shadow what Stephen does or so it says in the book ".

Anyone out there know about them?

thanks

Comments

  • sunil1234
    sunil1234 Posts: 179 Forumite
    no one?

    bump!
  • dunstonh
    dunstonh Posts: 121,283 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    The book was written by Stephen Sutherland who turned $31,409 into $1.28 million in 38 months.

    If he can make those returns then why is he writing a book that will probably only return him a figure in the thousands of dollars or tens of thousands if he is lucky?
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • Wobblydeb
    Wobblydeb Posts: 1,046 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    Just been looking at reviews of the book on Amazon and reading an excerpt of the book which is available free via their website.

    The book is clearly a sales tool ..... for which reason alone I think it is best left alone. If you want to do your own investing, IMHO I would suggest reading basic texts that explain the concepts they are using - such as charting.

    Your post did give me one bit of food for thought though - whether I stay invested on downswings, or try and time selling and buying... hmmmm... :undecided I've still not decided whether to buy and hold long-term, or come in and out of the market according to trend.
    I've got a plan so cunning you could put a tail on it and call it a weasel.
  • dunstonh
    dunstonh Posts: 121,283 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    I've still not decided whether to buy and hold long-term, or come in and out of the market according to trend.

    Typically, people that time the market tend to make a mess of it and buy and hold (but with rebalance) ends up being better. You may get it right sometimes but other times you will get it wrong.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • Wobblydeb
    Wobblydeb Posts: 1,046 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    ... and yet some of the good decisions I have made in the last 12 months have been timing on a couple of shares I've got to know well. They both tend to pendulum around an increasing trend, and I've increased the number I hold without it costing me any extra cash.

    I'll stop hi-jacking your thread sunil1234 and go start a new one I think! :D
    I've got a plan so cunning you could put a tail on it and call it a weasel.
  • Sceptic001
    Sceptic001 Posts: 1,111 Forumite
    sunil1234 wrote: »
    The book was written by Stephen Sutherland who turned $31,409 into $1.28 million in 38 months.
    Funny, but I've yet to see a book from someone who managed to turn $31,409 into $1.28 - a far more likely scenario. ;)
  • It would not be impossible for you to write such a book. You will need to pour over historical values and data, and using this hindsight, create a fictitious 'story' of how you foresaw this particular crash, and shorted it - drip feeding profits into gold, and then buying fund A, but selling it at the top and switching to fund B etc.
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