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WIN Investing

roddy2
Posts: 2 Newbie
I've seen some adverts in the paper for seminars for how to make a packet in the property market as an investor. Before I pay up for one of these, has anyone had any bad experiences with these property seminars? They're called WIN investing or something.
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Comments
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Never heard of them but that doesn't matter.
Take it from me, they will be lying thieves and are best avoided.dolce vita's stock reply templates
#1. The people that run these "sell your house and rent back" companies are generally lying thieves and are best avoided
#2. This time next year house prices in general will be lower than they are now
#3. Cheap houses are a good thing not a bad thing0 -
read this
http://www.thisismoney.co.uk/investing/article.html?in_article_id=413314&in_page_id=166
quote :-
What does it cost to learn these secrets?
Jonathan tells us he has been able to give up work to concentrate on investing, which begs the question, why the hell has he turned up to teach a group of novice investors about the stock market? 'Because Darren pays me like a rock star', comes the answer.
So how much does it cost to join the course and learn these fabulous secrets? The full price is £3,100, but for people who sign up on the morning, that will be reduced to £1,970. What's more, the generous chaps at Win Investing will throw in an extra place for free for a friend or relative. But that's not all folks, if you sign up today, you will also be able to take away the boxed set of tutorial DVDs.
People who take the course also have the option of signing up to an investment club for a fee of £450, plus £30 for each session.Ex forum ambassador
Long term forum member0 -
and also
http://www.thisismoney.co.uk/news/columnists/article.html?in_article_id=408681&in_page_id=19&in_author_id=5
I lost with Win Investing but it won't pay me back
J.H. writes: I attended a two-day stock market investment seminar given by Win Investing that cost me £1,450. This followed a free two-hour presentation by the company's director, Darren Winters, during which he offered a moneyback guarantee to anyone who could prove they tried trading, but had made no money after a year.
I followed his strategies for a year, but lost a few hundred pounds yet I have been refused a refund because Win Investing says I have to prove that I attended the monthly investment club meetings at £30 a time, something that was not stated during his presentation.
I have also found that the booking form I signed says 'all payments are non-refundable', even though this was given to me just minutes after Winters offered his guarantee.
THIS is close to the old joke that a verbal contract isn't worth the paper it's printed on.
When I invited Darren Winters to comment, whose business is based in East London, he handed the matter straight to his lawyers. They have effectively given two explanations. The first is that any verbal guarantee would have included the condition that you had to attend monthly meetings.
And second, whereas you say the booking form states there are no refunds, the lawyers say that Win Investing's agreements actually promise a full refund if you do not make at least a 30%.
It would be interesting to hear from readers who have attended both the training course and the club meetings as to how much they have made.
One problem, though, is that the only club meetings mentioned on Winters' website are in central London and he is appealing for people elsewhere to start clubs.
So, since people who attend Win Investing's free presentations scheduled for Bournemouth a week today, Exeter a week tomorrow, and Plymouth the day after that are unlikely to pop up to London for monthly meetings, the guarantee is worthless to them.
There are also other questions over Winters and his training courses. He claims to run Britain's number one stock market training business because 70,000 people have attended his meetings.
But this includes everyone who turned up for the free talk, yet did not sign up for the £1,450 course. And it even includes people who walked out. Winters also announces on his website that he is shortly to start his own investment fund, which would prove his skills. But he was making the same announcement two years ago, three years ago and even four years ago.
His lawyers told me the fund launch was 'put on hold' and is no longer mentioned on Winters' website. Well, true up to a point.
It was there two weeks ago when I inquired about it, but in recent days it has mysteriously vanished, yet if you know where to look (wininvesting.com/speaker.html) it just as mysteriously reappears.
Then there is Winters' previous role as a director of software company Amicus Solutions Limited.
He used to give audiences the impression he sold out of this successful business. In fact, it went bust owing about £250,000. A check at Companies House should show this as a previous directorship by Winters, but it doesn't. His lawyers say this was a 'clerical error' and everything is now in order. It isn't.
The proof of Winters' personal pudding would be if he went ahead with his long-awaited investment fund, but he is not licensed by the [URL="javascript:self.name='main';PopUp('you_popup','/pages/jargon/index.html?in_jargon_term=Financial Services Authority','350','150')"]Financial Services Authority[/URL]. He can give his talks at will because they do nothing more than describe systems for spotting shares, without offering a single share tip. As things stand, Winters needs no qualifications or licence and is governed by the same consumer protection rules as someone running a corner shop.Ex forum ambassador
Long term forum member0 -
I'm planning to go to an Inside Track free seminar on Wednesday, just to see how sleazy they really are about claiming property is a good investment in the current market.
I'm just scared in case I fall for their high-pressure sales tactics and come out of the seminar as a housing bull, ready to spend all my savings on inner city new-build BTL :eek::eek::eek:poppy100 -
If you hade a sure fire way to make thousands (for yourself) why tell anyone else???
They make their cash from the fees they charge.....same as the guy who writes the book "How to make a million" and the book's tale is.......sell a load of books that tell people how to make a million and make a million (????)....go out of curiosity but only if you can resist being "sold to".:D0 -
Hi fc123,
Actually it's nothing whatsoever like the 'how to make a million ' book guy. I cannot speak for Win, but Inside Track have a simple business model that utilises the buying power of a large membership to negotiate substantial discounts on properties. Naturally they charge course fees, it's not a charity, but it is a successful symbiotic relationship for company and client.
Regards
An employee of Inside Track maybe?????
All the same these various schemes...the winner being the Organisation...these companies thrive in booms.....will I T be around making it's members wealthy in 10 yrs time???0 -
Hi fc123,
Actually it's nothing whatsoever like the 'how to make a million ' book guy. I cannot speak for Win, but Inside Track have a simple business model that utilises the buying power of a large membership to negotiate substantial discounts on properties. Naturally they charge course fees, it's not a charity, but it is a successful symbiotic relationship for company and client.
Regards
No it's not
It's a pile of !!!!!! aimed at chancers and dreamers who haven't got a clue about property investment.dolce vita's stock reply templates
#1. The people that run these "sell your house and rent back" companies are generally lying thieves and are best avoided
#2. This time next year house prices in general will be lower than they are now
#3. Cheap houses are a good thing not a bad thing0 -
dolce_vita wrote: »No it's not
It's a pile of !!!!!! aimed at chancers and dreamers who haven't got a clue about property investment.
Thank you DV! This thread is ancient too..........!! Employees searching to mend the reputation of their company???0 -
I have actually invested in property quite successfully without the benefit of any seminars. If you use your common sense and do your homework, you should be ok. Just remember that it isn't a wat to 'get rich quick' and it does carry a risk. You're better using that money on phone calls trips to likely investments and the like. Good luck if you decide to go ahead, it's great fun!0
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