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Thread: Investment schemes

  1. 24th March 2013, 08:56 AM #11
    mick88's Avatar
    mick88
    mick88 is offline Lord Jock
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    They prey on vulnerable people (suckers) and there are plenty of them about!


    Cheers, Mick.
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  2. 24th March 2013, 09:43 AM #12
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    Lotz-A-Landies
    Lotz-A-Landies is offline Super Moderator Gold Subscriber
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    If it sounds "too good to be true", it is!

    You won't find me on: faceplant; Scipe; Infragam; LumpedIn; ShapCnat or Twitting. I'm just not that interesting.
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  3. 24th March 2013, 10:50 AM #13
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    disco gazza
    disco gazza is offline Wizard Silver Subscriber
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    As others have said, "If it sounds to good to be true,run a mile".

    I have been playing the stock market for quite a number of years,having slowly built up enough money to buy a home outright.
    My brother is a stockbroker as well as one of his sons,they'd say forget it.
    You only have to watch say half a dozen stocks-some small caps,others well known(eg BHP,Woolies,Rio etc) for say a month.They go up,they go down every week,day in day out.
    It just depends on what the world markets/events are happening at any given moment to reflect what the share market is going to do that particular day/week/month.
    At present with the worlds economy not in very good shape(including Australia's)
    I'd stay well clear of it.

    My 2bobs worth

    cheers

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  4. 24th March 2013, 11:03 AM #14
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    Lotz-A-Landies
    Lotz-A-Landies is offline Super Moderator Gold Subscriber
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    I am one of the few people who can still say they were a chalkie on the Sydney Stock Exchange, the boards have been computer generated for decades.

    With, market manipulation, high frequency trading and the exorbitant salaries of CEOs in listed companies putting your money on a casino black jack table is almost a safer investment.

    You won't find me on: faceplant; Scipe; Infragam; LumpedIn; ShapCnat or Twitting. I'm just not that interesting.
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