WIN Investing

pizzagirl

You don't sell a winning system to others. Only a losing one.

Masonity

pizzagirl wrote: »

You don't sell a winning system to others. Only a losing one.

It's not a winning system as such. Most of it is just basic, solid trading advice.

The sort of advice that plenty of books and websites give.

You basically pay to be taught it in a classroom by some pretty good teachers. They are charismatic guys, will keep you entertained and know their stuff.

The problem is, can you justify £2000 to learn what you could learn for £50 or so from a bunch of books?

For some people, the answer is yes, as they learn better in that environment. For most of us here, it's no.

It's kind of like asking if a university charging £2000 for a 3 day intensive web designing course, but not offering a recognised certificate at the end, is a rip off really.

Conrad

All these property wealth building systems are a nonsense.
If you haven't got the common sense to work out how invest sucesfuly then you shouldn't be doing it in the first place.

The wiley old landlords I know did not read ANY books. Instead they bought very carefuly, they treble checked the rent potential, they worked out what the ongoing costs were, they saved and they waited.
They didn't buy near the peak (many seminars were promoting buying even 6 months ago - years after it was sensible to so do).
Inside track in late 2007 was still advertising now is a great time to buy! Total utter muppets.

They certainly did not buy into new build blocks of flats (most of these seminars try and sell you these muppet properties with a discount!!).

Conrad

Masonity - over the years Ive know people go to all sorts of seminars, from 'Forever living products' to 'Amway', 'Inside Track' to share dealing systems.

Not one of those people is remotely well off, not even comfortable.

As an analogy take the share dealing seminars. Now, each year highly professional fund managers in thier droves underperform the basic rise in the FTSE, desite armies of researchers, high tech up to the minute tooling and so on.
It is therefore an absolute nonsense to suppose a few days, or even months attenting a share dealing seminar will bring any benefits.
If a system was that good, Wall street would own it and guard it.

The same surely applies to any seminar system.

ALSO

Think of those MBA graduates on The Apprentice - trained for years in business studies, yet when set basic business tasks by Sir Alan they fail

How can a few days on a seminar add any value?