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Liars, Gurus, Swindlers in Australia

December 1st 2008 12:18
I really want to know how many of you have come across self-proclaimed investment gurus who really are full of BS... and suck naive investors in even now.

In 2001 Terry Ryder wrote this expose "Buyer Beware" about free seminars, similar to my own article "no such thing as a free lunch, or a free seminar". I can pick his first example just from the repetition "does that make sense?". Yes it's Jamie McIntyre of 21st Century Academy. ('Renting shares is easy' type palava)

Today I happened across John T Reed's indepth review of American real estate gurus. By chance I was reading about bad advice of financial advisers - and someone mentioned the site. If you liked Kiyosaki's books, you've got to read his condemning review that debunks all the lies and piffle just there to make a good read.


So who else can I get away with talking about without getting into hot water? How about that Phil Jones (NZ Richmastery, Mona Vie), does he ever quit? What about Kevin and Kathy Young of the Investors Club - good grief Charlie Brown - what a supportive club, they hold your hand right through finding a property (theirs), legals, brokerage, valuation, and get members to bring in other new faces to the sect, I mean club.

Throw it to me, Im a grown girl and I can handle it.
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