Lessons Learned 20110606: Bonnie, Weekly Calls, Small Cap and More

This came in Friday June 3, 2011:

Hello All,

Joe, thank you so much for taking the time to grace me with your experienced knowledge!

You explained everything to me so perfectly that I now know the incredible and high integrity company that I am with!

I will complete all documents and get them scanned and sent to all concerned today.

Again, Joe, thank you!!

Best,

Judy Taylor

• I’d like to test a program which is successful;
  • The programs which your business associate Chris, located in New Zealand, is appealing for various reasons, namely:-
    • His program has 23 years of success;
    • he has to date never lost a clients principal amount;
    • He concluded contracts will all clients and has always paid in terms of the contracts concluded;
    • The contracts concluded are between the trader (Chris) and the principal (myself);
    • Chris is a retired US Treasury Agent;
    • Chris has a contract with the bank;
    • Chris typically operates a ‘buy/sell’ program I.e. He has a profitable transaction lined up before committing funds to a transaction (by way of example, as a real estate investor I may have a purchaser for a condo at a price of USD100 and I know of someone wishing to sell a condo which fits the purchasers profile at a price of USD95 –  only once I have both qualifying parties lined up do I close on the transaction as I know up-front that a USD 5 or 5% profit margin be made);
    • Whilst there are no guarantees in any program he has paid 4%-8% per month gross, before commission of 10% being deducted;
    • Chris had various programs with differing financial entry levels, ‘lock-in’ periods and anticipated returns;
    • Chris discussed and agrees to contracts with individual clients;
    • Individual banking accounts are established for the ‘principal amount’ and ‘trading account returns’ thereby providing investors/clients such as myself with constant online access to both accounts – both of which are in our names and under our control.

• We discussed ‘risk and reward’ together with risk tolerance, generally.  Forex returns are great but so are the losses I.e. For every gain someone in the chain has made a loss;
  • Forex only really works for those who require less volatility if ‘stop losses’ are in place;
  • Forex markets are volatile and have high degrees of risk – it is really the same as gambling as one does not know which way the market would go;

• After proving success over a period of time (6 months is a minimum period to experience success of a program and protecting of principal amount) I wish to establish my own Fund, in joint venture or otherwise, with the Fund manager who has achieved the success.  Essentially, my partner/s and I would be the majority shareholders and also directors of the new Fund;
• I would ‘profile’ and ‘position’ the opportunity to a select public and private sector entities in terms of diversification of investment spread.  Investments would then be brought in from a client base that we would introduce to the fund;
• You were to facilitate communication between yourself, Chris and myself to get the wheels in motion for a first transaction to test the success of the program.  I look forward to this being facilitated by yourself either via an email to myself and copied to Chris or any other means you may be comfortable with.