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I wish that guy would come back and post some more. I was enjoying JPG and him arguing.
Me too
Just for anyone who was interested, I was able to figure out what company this is. I was able to find the 'Risk Disclosure' from their website:
Things you might be interested in knowing!
As the contents on this site are intended to be understood by professional users who are fully aware of the inherent risks in Forex/ Futures and Options/ Stocks and Bonds trading, the core of this site is aimed solely for the use by experienced investors in the foreign exchange and financial markets. The content herein is provided in good faith and believed to be up-to-date and accurate; however, there are no explicit or implicit warranties of accuracy or timeliness made by (parent company). We use reasonable care to make sure that the information appearing on this site is accurate and up-to-date. None of the material contained in this site is to be relied upon as a statement or representation of fact and all conditions, warranties and representations, express or implied by regulation, law, ordinance, statute, common law or otherwise in relation to (parent company) are excluded.
The information contained herein should not be construed as an advice or recommendation or promise of future results. The information contained herein is intended for informational purposes only. We highly recommend that before making a decision, the reader collects several opinions related to the decision and verifies facts from at least several independent sources. (Parent company) does not control, and cannot endorse or vouch for the accuracy or completeness of any information or advice you may have received or may receive in future from any other person not employed by (Parent company) regarding Services provided herein. (Parent company) does not give, whatsoever, warranties, expressed or implied, to the results to be obtained by using its Services or information it provided. (Parent company) shall not be responsible under any circumstances for any consequences of such activities. (Parent company) and its affiliates, in no event, are liable to you or any third parties for any consequential damages, however arising, including but not limited to damages caused by negligence whether such damages were foreseen or unforeseen.
And here was their savings concept:
concept: convert money to the currency rising against another and convert it back when it is falling.
If only it were that easy. So I was inspired by the site, and came up with a similar concept for stock investing - let me know what you think:
Buy stocks before they go up, and then sell before they fall.
Pretty good huh?
Would you buy my software?? Oh yeah, didn't you know??? - the company ISN'T a savings company as they state in the posts above. They don't actually manage your money at all.
They actually sell foreign currency trading software.
Interesting stuff. I was going to delete this thread, but by the time I got around to reading it you were already battling it out with the OP, so I left it alone. The part where you asked him if he was high made me chuckle.
I personally am not investing right now. you have to have a certain amount saved up in order to invest, and I am not in that position.
Why do you feel you need a certain amount to invest? What would that amount be in your mind? Thanks to commission-free ETFs, you can really start investing with very little money. You could buy one share at a time of a broad market ETF that might only be $30-40/share.
Steve
* Despite the high cost of living, it remains very popular.
* Why should I pay for my daughter's education when she already knows everything?
* There are no shortcuts to anywhere worth going.
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