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Posted by Aegist on January 23rd, 2008
Sorry for the long title, but it helps the search engines know what I am talking about - that is, companies like St Gallens Investments, Suncity Equities and Investments, maybe Forbes International Trading (haven’t seen their website yet) and the NUMEROUS companies that have come and gone before them. So helping the search engines find the information on these companies is a very important service that we here at Sports Arbitrage Guide are finding in increasing demand. As we seem to encounter new embodiments of these companies every day (I am writing this article because I have encountered TWO new ones today alone!)
So, for example, when one of my best friends shows me the brochure and DVD of a company called St Gallen Investments trying to entice him into paying $8,645 for the *opportunity* to then give them another $1000 minimum with which they will ‘invest’ on his behalf into ‘arbitrage opportunities’, I have to take the time to show him how similar this opportunity is to all of the other ones which have come before it. From the same location (the GOLD COAST QLD), to the exact same price range (~$8000 with $1000 deposit minimum), to the same contact over the phone leading to glossy brochure, sales pitch letter and DVD. The same story about ‘Sports arbitrage’ and how it can bring in huge returns to those who know how to do it, and have the time to do it. The past performance information which always demonstrates how the company in question clearly has no understanding of arbitrage actually works because their numbers are impossible to actually achieve.
Of course, I know absolutely nothing about St Gallens Investments. I haven’t spoken to them. I haven’t investigated them. I haven’t any proof or any complaints about them doing anything wrong - so please don’t take this article as an attack on them, or on Suncity Equities and Investments, or on Forbes International Trading, or on any of the other companies I have previously encountered - Oz Future, Spectre Trading, Cohen Strachan Investments, Rhodes Peninsular Investments, WTS Investments, AFL Systems… I am not saying anything against any of them. I just think that when people are contacted by any of these companies they should have the opportunity to get a better idea of the marketplace and what services these companies are offering exactly.
I have personal feelings about the value of what these companies offer, but maybe my personal opinion is worthless - I don’t think it is, but maybe it is. So in place of my personal opinion, what is on offer here is something undeniably valuable - resources for personal research. So here I would like to provide some research for anyone out there who has been contacted by any one of the above mentioned companies, or any other arbitrage investment ‘opportunity’.
If you are considering parting with any amount of money larger than a few hundred dollars - isn’t it worth your time to do the appropriate amount of research before paying?
The only advice I can offer which remains the same across all of these investment opportunities is to consider the following - if one of these companies can make so much profit for you in such a short space of time - why do they need investors? Surely they can take out a personal loan, or a business loan, or even a credit card to get the money for themselves. Think about it…
Good luck all involved!
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Comment by Aegist
By the way, if you know of any other arbitrage investment companies, please contact me or leave a comment here about them. I will add them to the list, or maybe even write another article about the new ones as they come along.
I think it is important that the investment companies which keep spawning are all quickly discovered and listed here so that potential investors can get the whole picture before investing.
Posted on January 29, 2008 at 7:04 am
Comment by SYLF
ASIC or ACC should have all these arb pty’s
licensed and shut the rest down or have some form of alert to say they are gambling etc
Posted on July 30, 2008 at 7:08 am