Personal Finance
Seriously How To Avoid Being Fooled By These Scams, "Gurus" or Trainers
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  May 28, 2017
How can you probably see it and then seriously avoid it? It is never what you see; what you read and what you will get it! It is the HOW! When you see MAIN marketing statement or headline where it emphasizes ...  (1) From humble background; Poor to Rich from self discovery of secret formula (2) Losing so much and then discover secret sauce to become rich (3) Show you lots of profits made but not showing past years of evidence of proof with audited statements of investment gains from the market. (One late "Guru" in Sinagpore had been poked by Uncle8888 a few times in his forum to show his audited statement of investment gains from the stock market. But Uncle8888 still give him respect as he didn't bar him unlike some other investment and finance bloggers) One last confirming evidence; are your family members and close relatives all millionaires? .....
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By Create Wealth Through Long-Term Investing and Short-Term Trading
I am 62 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and finally retired @ 60 from full-time job as employee on 1 Oct 2016. Single household income since 1995 with three children. Eldest son and daughter are now working and youngest son still in his 3nd year Uni in SUTD. I have been doing long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that Panda or Koala in the investment world; but I am still surviving well in the wild. I am now executing my Three Taps solution model to maintain sustainable retirement income for life till 2038. Cheers!
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One response to “Seriously How To Avoid Being Fooled By These Scams, "Gurus" or Trainers”

  1. Fred says:

    Totally agree with you. Many of us just go around to attend such free entertainments and for free coffee snacks and sometimes, meals. The ante amongst gurus has been going up. Now they show their earnings albeit unaudited. True their background stories are very similar.

    How they project the image of a noble, selfless and charitably deeds to ‘HELP’ others to achieve their financial goals! How to buy a house with no money down! How to be book authors without knowing anything and with sub-standard English.

    How they overcome illnesses such as cancer, poverty, and very challenging childhood to be today charity kings. How they sacrifice a promising, scholarly iron bowl Govt-service career to venture out to provide for their families. How they wish to ameliorate the ordinary Joes of us to be millionaires like them by sharing their secret recipe juices. They even show pictures of how they fly their mother-in-laws in biz class to lala land. How they even work less than an hour a week to make millions. Many of them got PhDs and Drs and Datuks….haha…I have yet to hear of a Tun Sri.

    With such jokers around, how not to go for free entertainments esp. when we have lots of time in hand.

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