If you’ve got ten spare minutes at 7pm, this one’s for you
Today’s Adventure in the Biz Opp Jungle:
‘In which Charlie tells the story of the sister who bruised her brother’s ego, and recommends a surprisingly straightforward way to play the markets at 7pm, take a look at this:
Hi
As I mentioned in Sunday’s issue of the Biz Opp Jungle, the best way to get a sales point across is through a story.
This following story is a corker. And it’s absolutely true, because I know the guy who’s developed this system. If not exactly a close friend, he’s certainly someone I trust enough to know when he’s telling porkies or not.
The story is about a guy called Matthew Bird – and, more importantly, his sister.
(Don’t worry, nothing salacious is about to follow!)
Matthew was a successful home trader who kept things pretty close to his chest. One day his sister, infuriated with his mysterious activities, demanded to know how he made his money.
So he sat her down and showed her the basic elements of his trading system... how he spotted market momentum - and how he put bets on it using a fixed odds strategy.
Despite her complete lack of knowledge she gave it a try...
And made £3,107 in her first month.
This annoyed him and bruised his ego. But it led him to create a programme that showed his system to other people.
His thinking went along the lines of, “If she can do it, anyone can.”
This sounds a bit sexist to me. In my view, women make equal, if not better, traders... although that could be because I now live in a house with three women. Or “Girls World” as I call it.
But he assures me it wasn’t anything to do with her femininity... more her absolute lack of computer skills... and poor levels of financial know-how.
Anyway, the idea of The Ten Minute Trader is to bring utter simplicity to the whole home trading process. It’s an antidote to the really long, complex manuals and systems that most people shove onto their shelf after a few despairing weeks.
This programme is one of those you can sit down and go through quickly. You get ‘live’ visual demonstrations to make everything crystal clear. And you can start practice trading almost immediately using a virtual money account.
This product came out just before Christmas and has had some great feedback.
If you want to test-drive the Ten Minute Trader system for 30 days, Matthew will not only give you the instructions and audio-visual tutorials, but also his private email address. This means you can ask him any questions you have.
He also sends you regular emails with details of what he’s trading, so you can follow him in and out of the market. This is an invaluable extra, because it allows you to make informed decisions.... even if you’ve no experience and zero natural instinct for where the market’s headed.
For more information, take a look at this:
A few important things to note...
Ideally you’ll want to have some ten minutes spare in the early evenings. The recommended time is 7pm, but it can later or earlier. As you’ll see, it’s adaptable, depending on whether you decide to trade the Dow, FTSE, S&P500 or Forex.
The idea is that you follow the momentum of the market. You’re not gambling on unlikely occurrences. But by betting on the obvious you don’t make huge gains.
Matthew aims for amounts of £110... £78... £270... £209... £185...
Anyway, it’s worth a look. You can practice with a virtual money account worth 10K to test the system without risking your own cash. You get 30 days, plus email support, plus market overview emails, so that’s a nifty little package.
And as you’ll see when you check out the price, quite surprisingly low in price for everything you get.
Okay, onto other matters...
Read this or die Poor!
A reader has been asking me about the latest financial doomsayer on the scene. His name is Leo Crosrite (a pseudonym, apparently, and one that looks, at first glance, like ‘Creosote’ ).
He has been sending out mailshots – you may have seen one – that say “Read this or die poor.”
Blimey.
You could be forgiven for reading this... screaming round your living room for an hour shouting, “We’re doomed”.... driving away in your car.... and speeding into the path of an incoming train.
But what Crosrite is really saying is this:
“The media, the government and the financial institutions are obsessed with the idea of recovery. They are ignoring the dangers of a second economic meltdown.”
And this could well be true. The threat of a double-dip recession is real enough. The debt problem hasn’t gone away. Property could still be overpriced. If banks are forced to pay back the money lent to them by the taxpayer, then lending could dry up again. Never mind the effects of the City’s decline as the financial powerhouse that drove much of the UK economy.
Now, I’m just a layman when it comes to complicated financial matters...
Ask me to product stats and figures to prove what I just said about the economy, and I’ll put on some loud psych-rock and shout “la la la la” until you go away.
But from where I am sitting.... I don’t think where anywhere NEAR out of the woods yet
Neither do I trust the media, the government or big institutions to tell us the truth, or protect the ordinary guy when it comes to the crunch. Votes, bonuses, reputations, backhanders, sales, gravy trains... they seem to be a priority.
So I agree with many of the doomy financial naysayers. These professional pessimists stick their necks out and predict the less likely – through still possible – worst case scenarios.
Often they’re wrong, which is a good thing of course. But very often they’re right...
To give you an example... Bill Bonner of The Daily Reckoning, and many of the pundits at The Fleet Street Letter, his investment newsletter, predicted the credit crunch and housing crash. They were banging their drum of doom for years, alone in the wilderness, while the mainstream media lapped up what the banks and the government told them.
People who agreed with these views, and acted on some of the recommendations, will have been less likely to invest dangerously in the bubble.
However...
People who didn’t agree with Bill Bonner didn’t end up poor and destitute. So if you got the mailshot from Crosrite, don’t panic.
It’s not a case that you buy his report called Thrive in the Meltdown’ for £100... OR die poor.
That’s just a strong-armed sales tactic. What he’s selling is financial information, tips and advice in a single report.
You may be able to benefit from this report, or you may not. It’s not a choice between abject poverty and limitless wealth. And although I’ve read the sales page 3 times, I couldn’t work out what the specific threat was or how it would come about.
Personally, I prefer predictions to be more... well... predictive!
The Fleet Street Letter, The Zurich Club and MoneyWeek have
all sold themselves the post using similar messages of financial
meltdown, but with far more specifics and evidence in their
promotions. And they’re annual subscriptions for around £79
rather than single reports.
I’ve not checked out the publishing company behind this yet – Misharu – but they appear to be genuine. And there’s a year’s money back guarantee on offer.
If you have any feedback on this, let me know.
Later alligator
Charlie Wright
The Biz Opp Jungle