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Investment scammers

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  • Investment scammers

    Hi,

    It seems that the investment scammers are getting active. Be careful when you receive a call from an "corporate broker enlarging its business to selected private customers" and offers a deal looking good but not out of this world. Check [link removed by moderator] to find out if the method is way too familiar or if your "best friend" is listed on the scammer list. That page is safe, not even using any cookies (only couple of links and youtube videos) and no commercials.

    Please share that www-site as much as possible and link it anywhere you can imagine (better google results).

    Moderator: As the link was removed can I say that my user name guides well?
    Last edited by InvestmentHoax; 06-01-2016, 11:53 AM.

  • #2
    I have a policy that's worked well for me.

    I pre-set parameters in which I operate in. When parameters are not present, I'll research to come up with them even if it means leaving a good deal at the moment.

    Everything I want has a buy price. If it meets that price, I'd buy. Sometimes buy price and be infinite (e.g. an emergency), but that's very infrequent.

    Let your own judgement guide you and avoid short-term greedy; I think that's the advice I'd give to my own son. Short-term greedy are usually defined by cheats and lies; and people giving specific investment advice. Do not follow them; follow them for 10-20 years as a fun activity but never join them.

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    • #3
      One time I was buying a house. I went to the builder model home and talked to its representative about pricing. Anyway, the price we came up with was 15% off; I thought it was a good deal but I told him I want to think a bit.

      On the drive back home, I called my wife and told her the price and we decided to buy. So I made a U-turn and went back to the sales rep and submitted my offer. Offer was to expire 1 day, so next day I called and the sales rep said he's not heard anything back but will call the builder. A few minutes later, I went there to sign the contract.

      Purchase in Austin TX 2002 from Wilshire Homes , that house never fell below my price even during the worst of 2003/4 housing drop there. The price was really good (for me and probably Wilshire).

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      • #4
        I rate most investment advisors, including those from Edward Jones and Merrill Lynch, as investment scammers.

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        • #5
          Originally posted by InvestmentHoax View Post
          Hi,

          It seems that the investment scammers are getting active. Be careful when you receive a call from an "corporate broker enlarging its business to selected private customers" and offers a deal looking good but not out of this world. Check [link removed by moderator] to find out if the method is way too familiar or if your "best friend" is listed on the scammer list. That page is safe, not even using any cookies (only couple of links and youtube videos) and no commercials.

          Please share that www-site as much as possible and link it anywhere you can imagine (better google results).

          Moderator: As the link was removed can I say that my user name guides well?
          Be careful? Just hang up. Never do business with someone who calls you unsolicited. No need to check anything.

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          • #6
            Originally posted by TexasHusker View Post
            I rate most investment advisors, including those from Edward Jones and Merrill Lynch, as investment scammers.
            Maybe not scammers, but a lot of them are salesmen for sure.
            james.c.hendrickson@gmail.com
            202.468.6043

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