One American Stock Poised To Power onto the Stock Exchange

October 28th, 2010

Have you seen and listened to this sales spiel?
I could kick myself for falling for this yet again. This must be the third time I have seen and listened to this sales pitch and if anything, it’s worse than ever. Here’s one of these share advisory services that offers you success on the stock exchange. Not just any success, Warren Buffett standard success. Their two brothers are the best stock pickers in the world and they absolutely guarantee that you will double your money in xxx months or they will give you your money back.

All you have to do
All you have to do to become stinking rich is to click on the ‘send’ button and your fortune will come sailing through cyberspace and land right in your bank account. The video is long, the graphics are few, the voice is boring and the come-on is stale. How many times a day are we told to “just click the send button”? Unlike other videos, the time line had been deleted so you cannot see how much longer it will have you pinned in your seat.

I wish it was me
In some ways, I wish I was the great stock picker and the person who has the know- how to make that video. That’s where the similarities end. Instead of making sales material, I would be spending my time in some exotic place on the planet, the fortune I had gathered together by my great stock picking safely and securely invested in a fund that pays me a nice monthly income. This is what allows me to spend my time on the beach, fishing, golfing and eating at great restaurants. From time to time I would do a little fiction writing much in the manner if Ian Fleming. Whenever I get the yen to get involved with money I would take my plane to Monte Carlo and spend a couple of evenings in the casino. After all, I can always get my losses back by picking a few great stocks and calling my broker to buy.

What I wouldn’t do
I definitely would not try and sell my stock-picking gift to others on the internet. This is what I don’t understand about all these stock advisory services. Why are they always trying to help me get rich? And why do they want to sell me the information? Obviously if they are any good at stock picking they are already rich. So how will my paltry $179 help them? On the other hand are they just trying to make a sale off some poor sucker? They know there can be no recourse. “Well we didn’t expect that a tribal war would break out in Outer Mongolia and send the market crashing, did we?”

I have tried it
I tried one of these services once. I even got a white plastic membership card with my name printed on it. While the market was rising they were good. When the market fell and I needed help, they were worse than useless.

This entry was posted on Thursday, October 28th, 2010 at 9:05 am and is filed under Economy, Finance, Money, Personal / Internet. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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