• Login:
Welcome, Register Here
follow PropertyTalk on facebook follow PropertyTalk on twitter Newsletter follow PropertyTalk on LinkedIn follow PropertyTalk on facebook
Page 1 of 8 1 2 3 ... LastLast
Results 1 to 10 of 75
  1. #1
    Join Date
    Jun 2005
    Location
    Auckland
    Posts
    174

    Default Ultimate Investment Opportunity - Earn up to 400%

    Hi All,

    I am sure most of you will have noticed the current main banner advert:

    "Ultimate Investment Opportunity - Earn up to 400%"

    More info here: http://www.actionseries7.co.nz/investment.htm

    The invitation is to put money into the Actiongems Wholesale Enhanced Income Fund with "...the ultimate opportunity for high-rewards and limited risk on your cash investment". Sounds good!

    Are any PTers considering getting involved in this fund?

    What sorts of things should an investor consider before getting involved in an investment fund like this?

    Regards
    Stuart

  2. #2
    Join Date
    Nov 2007
    Posts
    1,067

    Default

    What sorts of things should an investor consider before getting involved in an investment fund like this?
    The fact that if they aren't very good traders they/you will lose all of your dough

  3. #3
    Join Date
    Jun 2006
    Location
    Hutt City
    Posts
    1,305

    Default

    I don't know anything about these guys, but with a banner saying 'earn up to 400%' I would definitely steer clear.
    You know the old saying "If it looks too good to be true......"

  4. #4
    Join Date
    Jun 2005
    Location
    auckland New Zealand
    Posts
    5,236

    Default

    Minimum entry 500,000, can you afford to lose it??

  5. #5
    Join Date
    Oct 2008
    Location
    Auckland/Melbourne/ whereever the money is
    Posts
    1,380

    Default

    Quote Originally Posted by Jumpin View Post
    I don't know anything about these guys, but with a banner saying 'earn up to 400%' I would definitely steer clear.
    You know the old saying "If it looks too good to be true......"
    Isn't interesting how we are conditioned to immediately suspect this must be something dodgey, yet if some-one offered a place with 100k equity we think that's normal ?

  6. #6
    Join Date
    Nov 2007
    Posts
    1,067

    Default

    Quote Originally Posted by Keithw View Post
    Isn't interesting how we are conditioned to immediately suspect this must be something dodgey, yet if some-one offered a place with 100k equity we think that's normal ?
    Lets face it, even if they are good traders, they could still lose all of your dough.
    As for a 400% return, it is imaginary, illusory, it doesn't exist.
    Just the same as equity doesn't exist in some of the deals being offered
    Last edited by outspoken; 18-11-2009 at 04:57 PM.

  7. #7
    Join Date
    Oct 2008
    Location
    Auckland/Melbourne/ whereever the money is
    Posts
    1,380

    Default

    Note they say 400% in money invested.
    Same as with a property, put in $1,000 but trade a $500,000 position (property) via margin trading, CFD Options etc
    400% on $1,000 = 4000

    can you make $4000 on a property trade ? = pretty easy for most.

    Trouble is, you can also lose your 4k just as quick, but it is 4 k not 500k

  8. #8
    Join Date
    Nov 2007
    Posts
    1,067

    Default

    Isn't interesting how we are conditioned to immediately suspect this must be something dodgey
    It is interesting, and I know what you're saying.

    Isn't this just like someone with no experience in Property saying give me your money and I will make you 400%.
    AS far as I'm aware and from the "who are we" page Robyn Grinter has no experience trading options yet she is fronting something and 2 somebodys who dont appear to have a huge amount of experience either. If they did surely they would have at least worked at a major Financial institution at some point in their careers, not farming and real-estate.
    Last edited by outspoken; 18-11-2009 at 05:25 PM.

  9. #9
    Join Date
    Sep 2007
    Location
    Auckland
    Posts
    8,326

    Default

    Sigh, options trading again... these same things just keep popping up.

    They want everyone else's money a) because they have none of their own, because they don't know how to make money and b) they wouldn't risk their own money on this sort of dodgy crap shoot!

  10. #10
    Join Date
    Jun 2008
    Location
    Auckland/Tauranga/Gold Coast
    Posts
    2,960

    Default

    Quote Originally Posted by Davo36 View Post
    Sigh, options trading again... these same things just keep popping up.

    They want everyone else's money a) because they have none of their own, because they don't know how to make money and b) they wouldn't risk their own money on this sort of dodgy crap shoot!
    Summed it up in a nutshell Davo.

    Think about it folks.

    400% return means that your $500k would be 2mill at the end of 1 year.
    it would then be $8mill at the end of year 2
    Now we start to have fun, it's $32 mill end of year 3
    And hold the press at the end of year 4 you are now one of NZ's richest ($50 mill now to be a part of the NBR Rich list) because you now have $128 million dollars.

    So why then, if those returns are being achieved do the managers need your money?


 

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. Amazing investment opportunity for experienced investor
    By propertylifestyle in forum Property Investment (NZ)
    Replies: 8
    Last Post: 03-05-2014, 11:33 AM
  2. Invercargill Investment Opportunity
    By Swindog in forum Property Investment (NZ)
    Replies: 28
    Last Post: 20-11-2013, 05:38 PM
  3. Investment opportunity advise please
    By BobKate in forum Property Investment (NZ)
    Replies: 7
    Last Post: 21-03-2005, 04:39 PM
  4. Investment Opportunity
    By FreezingHot in forum Property Investment (NZ)
    Replies: 37
    Last Post: 24-02-2005, 09:16 PM
  5. How do you buy overseas
    By crazysydneydude in forum Finance, legal and tax (NZ)
    Replies: 5
    Last Post: 08-12-2003, 12:56 PM

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •