Great savings idea.

[TutoMoneta]

Do you have enough savings to think of a safe place to store it and sound investments to make? Where to invest your valuables reliably? Are you cautious of banks and managing companies doing negative profits? There is only one obvious answer - hold your savings in money. Money is the most liquid good.

By converting money from one currency to another you can get more than +10% income for funds held with your bank account. Isn't it a miracle? Buy nothing; transfer money nowhere; use money as you wish and your money will be making money monies))

We can bring your savings to the next generation of financial services. It is not even an advertising. Are you fed up with companies using your money, making profits and giving you only a fraction of it or even making losses? It is time to control your savings by yourself.

Let us discuss this great idea.

[jpg7n16]

Are you cautious of banks and managing companies doing negative profits? There is only one obvious answer -

....

you can get more than +10% income for funds held with your bank account. Isn't it a miracle?

Yes. That is a miracle. You mean that I can avoid having a bank manage my money, by holding my money in a bank account???

Let us discuss this great idea.

Wow. What a loaded statement! As I don't even feel it's that 'great' of an idea at all, and is based on a faulty premise. (That a 10% return in a different currency will get me a 10% return in USD - it just doesn't work that way)

This post seems like such a prelude to an advertisement that I'm not sure if I should respond at all. But in hopes of showing someone what an absurd idea you're propogating (in case it doesn't get deleted), yes let's discuss:


For starters - how do you feel about this topic? Currency risk - Wikipedia, the free encyclopedia

I hope you and any interested reader will consider that, if 1) you invest in a foreign bank, 2) that bank pays 10% in their local currency - and 3) that currency falls by 20%, you lose money.


Foreign currency movements are virtually impossible to predict, and investing in a foreign bank account to earn a higher interest rate involves a great deal of foreign currency risk. It may work out, it may not - but the risk is there.

We can bring your savings to the next generation of financial services. It is not even an advertising.

See..... that just screams advertisement. Cause it raises the question of just "who is this 'we' you are referring to?"

'We' sounds like the company you're about to tell me is so freaking awesome I won't believe it. Sorry to disappoint, but I really won't believe it.

[TutoMoneta]

It is impossible to predict weather; it is impossible to predict stocks movements; it's impossible to predict any business growth and so on and so on.
Many people sent money to Irelands banks and had guarantees, however they received nothing.

Do you really know were even pension money is invested? Stocks, bonds and etc.
Moreover, you are investing in a ny bank. You are holding your funds in Euro or in US Dollars. These two currencies are very strong and they have both type of movements (up and down) throughout the year.

[TutoMoneta]

We can't give a guarantee, however, we have been doing money marker analysis for more than 10 years and we do provide all kind of forex analysis.
Moreover money rates goes up and down and you will definitily stay with your money from the 2 year prospective.

[jpg7n16]

Do you really know were even pension money is invested? Stocks, bonds and etc.

Seeing as how I have a defined contribution pension plan (401k) - I can review and change where my pension is invested however I please.

Moreover, you are investing in a ny bank.

I thought your whole premise for this type of investment was that you cannot trust banks...

See your first paragraph.

We can't give a guarantee, however, we have been doing money marker analysis for more than 10 years and we do provide all kind of forex analysis.
Moreover money rates goes up and down and you will definitily stay with your money from the 2 year prospective.

Now I thought you were wanting to discuss the strategy itself - and not your specific business. If you are trying to promote a specific business, then you are just advertising.

What does your company's 10 years of experience have to do with the fact that foreign currency involves substantial currency risk?? Several mutual fund companies have been around 30+ years, but they still carry just as much stock market risk as they ever have.

If you want to base your investment decisions solely on management tenure, you'd do better to go with a Fidelity (since 1943) or Vanguard (managing funds since 1929).

[TutoMoneta]

Yes, sure we are discussing the idea and the strategy itself.
The idea is pretty simple: currency rates are moving up and down all the time. We are not talking about the movements of 0.1-1%.
1) We are mainly talking about only 1 currency pair - Euro against US Dollars. Both currencies are very strong and as far as both countries (let us assume Europe is a country but not the group) are strong and producing enough goods and services. Definitely rates will be going up and down.
For the past 3 years rates moved up and down but the mean is about 1.4. So if you have invested all US Dollars or Euros into another currency at about 1.4 you would have stayed with your money in any case.
The main question is major reversal signs (which is actually a subject to studies and professional knowledge).
We have attached a chart to show how it is working. As you can see there is also quite a big gap before the decision of conversion is made. We cant upload a picture yet as we wanted to show how it is working. Once we do 15 posts we will add the picture to illustrate it.
We can't talk about companies managing funds for 20-200 years as before Euro launched there was only one major currency in the world at a time. Since 2006-2007 Euro strengthen enough and got popularity to allow such conversion strategies.

All other currency pairs are still very difficult to predict.

As to your pension plan - until you see your money held on your account in cash or the cash itself you can't be sure your money was really invested where you wanted. Until you see what motor oil is being added to your car you can't really know what actually oil was added (even if you got an empty bottle). Unfortunately (

Currency risk is no more the worst thing (Enron, Fannie Mae, Ireland and many more is just the top of an iceberg). Auditing and rating companies are no more authorities as nobody is willing to reveal the real financial information until the company is bankrupt.

So to finalize the idea and the benefits:
1) You hold money in the most liquid asset and the risk anything will happen to USA or Europe is times smaller than to a company or to a group of companies
2) You can use your money whenever you want and in quantities you need
3) You know and you owe your funds but not the notes presented by your agent company (bank, fund or whatever)
4) an average you get of about +12% income a year.

regards,

[jpg7n16]

For the past 3 years rates moved up and down but the mean is about 1.4. So if you have invested all US Dollars or Euros into another currency at about 1.4 you would have stayed with your money in any case.

I'm not really sure you know what you're talking about. If I invested in Euros at only 1.45 USD/EUR, and the rate fell to just 1.35 USD/EUR - that's a loss of 7%.

The Euro was trading at around 1.5 just last year, and fell to around 1.3 in the same year. That's around a 15% loss, in the span of just a few months.

Seeing as how people related a 30% loss in stocks in 2008 to being just as bad as the Great Depression, I don't think a 10-15% loss over a couple of months would be 'holding my value' that well.

All other currency pairs are still very difficult to predict.

So is the Euro-USD pair...

As to your pension plan - until you see your money held on your account in cash or the cash itself you can't be sure your money was really invested where you wanted. Until you see what motor oil is being added to your car you can't really know what actually oil was added (even if you got an empty bottle).

Do you know how mutual funds work? Or are you just saying anything you can to make people doubt mutual funds and turn to your company?

Mutual funds are required by the SEC to disclose their holdings. It's very easy to look up the top holdings and the asset allocation of any fund I'm in.

Just go to Morningstar Stock, Mutual Fund, Hedge Fund, ETF Investment Research and you can find all the information you want on mutual funds.

Of course your own logic can be applied to your own company, because how do I 'know' that you've invested my money in a currency? Didn't Bernie Madoff tell his clients that their money was invested in a secure way to earn large profits?

Currency risk is no more the worst thing (Enron, Fannie Mae, Ireland and many more is just the top of an iceberg). Auditing and rating companies are no more authorities as nobody is willing to reveal the real financial information until the company is bankrupt.

More fear mongering... as that's just not true at all.

I already despise your company if this is the way you attempt to get clients. Is that what you guys do? Try and scare people into investing their money in a very risky asset that you claim to be very secure? No thanks.

So to finalize the idea and the benefits:
1) You hold money in the most liquid asset and the risk anything will happen to USA or Europe is times smaller than to a company or to a group of companies
2) You can use your money whenever you want and in quantities you need
3) You know and you owe your funds but not the notes presented by your agent company (bank, fund or whatever)
4) an average you get of about +12% income a year.

regards,

1) The US government is closer to bankruptcy than Wal-Mart or Coca-Cola are. At least many companies are profitable. Remember the issues with Greece? The Euro didn't fare too well during all that.
2) Same goes with mutual funds; you can sell them whenever you need the money - though since you should have a proper EF in place, you'd hopefully never need to tap your investments.
3) Stocks and mutual funds are required by SEC to present ALL necessary information, as audited by an independent firm. It is very easy to know what you own
4) 12% ... subject to currency market fluctuations, which can wipe out some or all of the gain due to FX movements


Currency trading is high risk, and should only be done by those with a high risk tolerance and only for a portion of their portfolio. It could be very profitable, or it also could lose you a lot of money.

It's pretty clear to me that you're just using fear tactics to garner interest in what your own company does.

[TutoMoneta]

We have met many people like you, writing very long replies and posts with a great number of "smart" words (at the same time acquiring our services under different names).
I understand your very straightforward opinion and thank you for the time you have spent discussing our ideas. We would love to hear replies from other people as yours is of no interest to us.

Talk to you soon when you become our client (if you have enough money though(

[Joan.of.the.Arch]

[jpg7n16]

We have met many people like you, writing very long replies and posts with a great number of "smart" words

Sorry - do you need me to 'dumb' it down for you?

(at the same time acquiring our services under different names).

I'm callin BS on this -

If it's a different name, how would you know that they are the same people??

I think you're full of crap.

I understand your very straightforward opinion and thank you for the time you have spent discussing our ideas. We would love to hear replies from other people as yours is of no interest to us.

Yes - please, no one else think critically about what this company is offering. Just accept whatever they tell you, and don't think it through.

That whole 'currency trading involves substantial risk of loss' line in the disclaimer is just something the lawyers suggested we put in - it's not a big deal...

Talk to you soon when you become our client

Are you high??

My thoughts exactly

[Mr Nice Guy]

We would love to hear replies from other people as yours is of no interest to us.

Take a hike pal

[jeffrey]

heh - I should probably delete this thread, but can't due to the pure humor I find in it.

[disneysteve]

heh - I should probably delete this thread, but can't due to the pure humor I find in it.

That was my thought exactly, Jeffrey. I'm glad we're of the same mind on this. Even though this is clearly spam, it is just too funny to delete.

[Robert742]

I agree it is good to keep this thread on the board. There is a lot of aggressive marketing of currency trading on the Web, and the discussion here shows it is not the easy money it may seem.

Rather than removing spam, sometimes it's better to cut off the head of the spammer (metaphorically speaking, of course) and place it on a pike.

Yes, I know I have a link in my signature. Please don't cut my head off.

[disneysteve]

Yes, I know I have a link in my signature. Please don't cut my head off.

There is nothing wrong with having a link in your sig as long as it meets the guidelines set for the site.