If you're an accredited investor (someone who earns $200K or more per year or has at least a million dollar net worth) and you're dealing with a registered and verified Hedge Fund or Investment Club, pooling your money together with other investors is perfectly legal... but it can also be an extremely risky venture.
Most con artists prey on the uneducated, but we all know that even highly educated people can be victimized by them -- just ask all the multi-millionaires that bought into Madoff's elite ponzi scheme.
Some of them invested everything they had with this scumbag and -- poof! -- lost it all overnight when the scam was exposed.
So never give money to someone offering you a non-segregated managed account unless you know for sure you're dealing with a registered entity. And even so, you still might not be able to determine if it's legit or just another ponzi scheme.
It all boils down to focusing on managed accounts where you have total transparency and control over your money in a segregated account in your own name.
By the way, don't think that having a segregated account lowers your chances of losing money -- you can still lose a serious amount of money legitimately. The difference is, with a segregated brokerage account, you don't have to worry about intermediaries disappearing and illegally running off with it.
So, where do you find legit managed investing accounts?
One convenient way around this is to get immediate access to an ever-growing list of researched and vetted low-entry managed forex and futures accounts through a Preeminent Membership Club I co-founded called The Wealth Vault.
The Wealth Vault was created for investors by investors. We cater to anyone interested in profiting consistently from managed account programs (and other under-the-radar alternative investment opportunities that the general public doesn't know about).
Together, along with my business partner and our team, we work hard behind the scenes to identify these accounts, develop relationships with the fund managers, and lobby each provider for the best terms for you, the investor. In some cases we've been able to negotiate lower entry minimums and/or performance fees.
Each one of our listed managed accounts has demonstrated long-term profitable track records with verifiable MONTHLY returns of 3% to 23% (or more), low to medium historical drawdowns, good customer service, and excellent brokers.
For more, go to: http://wealthvault.net/youtube
@Polyron Hint: for you to believe such a blanket, absolutely defeatist statement like that -- i.e., a trader beating the paltry 9%/year avg returns of the NYSE must be feeding somebody a line of B.S. -- certainly makes the Wall Street cartel product.
Truly, man, I wonder if, like a lot of your fellow countrymen (Europe), you're going to stew in your own conservative beliefs about what's not possible. Also, the 36% - 282% guy, we have no clue WHO you think that is? Nothing in the vid about that.
wealthvault 1 year ago
Tip: If someone says he can beat the growth of the NYSE in a year every time he's probably scamming you.Like this guy who say he can get 36% to 282% a year. You have to be good to beat the composite index, You have to be very talented to do that in a given year and you have to be exceptional to do it everytime. But beating the index by a wide margin like this video claim? Just no, this guy isn't Warren Buffet or a large govt pension fund.
Polyron 1 year ago