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  1. #1
    Daniel J. Bertelsen's Avatar
    Daniel J. Bertelsen is offline Junior Member
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    HSFX Asset Management Group?

    Hello out there,

    I would like to save up a lot of my savings from the last year, and I have been thinking a lot about what would be the best way to do it in these days (I have 20000 dollars to invest), with the financial crisis going on.

    Somebody told me about the HSFX Asset Management Group.

    HSFX Asset Management Group - The Professional Asset Management that manages and grows your funds to achieve your financial freedom!

    Does anybody have any experience, advice or dis-advice regarding this investing company?

    Their concept looks very lucrative to me, with their promising profits and loss - and management policy of your money.
    Your mind is like a parachute - if it isn't open, it doesn't work

  2. #2
    Doodyps is offline Senior Member
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    I'm no expert, but if I had that extra cash and wanted to invest, I would put 10k in a fund and buy 10k in equities of my choosing to manage it myself. Just don't buy any bank stocks.

  3. #3
    SIMPLEROBB's Avatar
    SIMPLEROBB is offline Senior Member
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    Quote Originally Posted by Doodyps View Post
    I'm no expert, but if I had that extra cash and wanted to invest, I would put 10k in a fund and buy 10k in equities of my choosing to manage it myself. Just don't buy any bank stocks.
    Spot on Doodyps. Just spot on.

  4. #4
    JLeezer is offline YE Veteran
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    I'd highly recommend investing in Berkshire Hathaway, the holding company run by Warren Buffet. As of the closing bell today, BRK.B (the class B shares which trade at approximately 1/30th the price of the class A shares) was trading at $2855.50 per share. At that price, you should be able to afford 6 share definitely...possible 7 shares depending on the opening price tomorrow morning. I own some of this stock because I feel it is a relatively secure company, but is undervalued at this point in time. Another company you may want to look into is GE. Although they are having trouble with GE Finance, it is still a very solid company which will endure the financial mess we are in right now. Plus, as long as their dividend holds up, at current share price, they return 9.49% annually in dividends. I'd venture to say that they will be cutting their dividend substantially, but even if they do, the company is still somewhat undervalued at its current price.

    No matter what, STAY AWAY FROM asset management companies unless you have a personal connection to the individuals running them.

  5. #5
    YoungBuck is offline Junior Member
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    I work in Corporate Development for a Mining company in Toronto on the TSX.V.

    I am also an MBA student at Rotman. U of T.

    From what I understand, this is a serious contraction. Very Few companies will beat expectation and even if they do it doesn't appear like there is sufficient buying activity to create the demand needed for a sustainable gains.

    I would hold off, the bottom is far away. keep an eye out, study companies, and know them inside and out, and when confidence returns in the market look to make a move.

    YB

  6. #6
    Doodyps is offline Senior Member
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    Quote Originally Posted by JLeezer View Post
    I'd highly recommend investing in Berkshire Hathaway, the holding company run by Warren Buffet. As of the closing bell today, BRK.B (the class B shares which trade at approximately 1/30th the price of the class A shares) was trading at $2855.50 per share. At that price, you should be able to afford 6 share definitely...possible 7 shares depending on the opening price tomorrow morning. I own some of this stock because I feel it is a relatively secure company, but is undervalued at this point in time. Another company you may want to look into is GE. Although they are having trouble with GE Finance, it is still a very solid company which will endure the financial mess we are in right now. Plus, as long as their dividend holds up, at current share price, they return 9.49% annually in dividends. I'd venture to say that they will be cutting their dividend substantially, but even if they do, the company is still somewhat undervalued at its current price.

    No matter what, STAY AWAY FROM asset management companies unless you have a personal connection to the individuals running them.
    If GE takes TARP funds because of the finance unit, the dividend vanishes. Haven't they been considering that? I could be mistaken. I think GE is in way too many of the worst parts of the market to own. They do a lot of manufacturing and of course finance. Their energy services dept is not helping when oil is at $45 and China cant afford to keep building power plants, no one is buying appliances. Only their Healthcare unit is somewhat sheltered. They may make some money from the stimulus' infrastructure plans i guess.

  7. #7
    Doodyps is offline Senior Member
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    Quote Originally Posted by YoungBuck View Post
    I work in Corporate Development for a Mining company in Toronto on the TSX.V.

    I am also an MBA student at Rotman. U of T.

    From what I understand, this is a serious contraction. Very Few companies will beat expectation and even if they do it doesn't appear like there is sufficient buying activity to create the demand needed for a sustainable gains.

    I would hold off, the bottom is far away. keep an eye out, study companies, and know them inside and out, and when confidence returns in the market look to make a move.

    YB
    Well, technically, if people know its a serious contraction, then the market will already be priced that way. TI and others have just recently posted better than expected earnings. I'm not convinced that the market hasnt hit a bottom. The market tends to be much less affected by bad news at this point and has frequently rises in the face of dire news.

    Also, if you are going to invest for any decent amount of time, like 5-20 years, you should be pretty darn safe. The Fund (mutual or equity or whatever) wont go to zero, and if you invest in a somewhat wide variety of equities, which is possible with 10k, you should be fine. If you wait for confidence to return, you will miss your chance.

  8. #8
    The Stealthy One is offline YE Veteran
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    Gee, I don't know. I would ask the company for direct referrals and then really try to verify that these are real customers. In addition, spend a lot of time talking to them and asking questions. In times like these, it is important to be very careful choosing investment firms (whether they are very large or very small) as a lot of vultures are out there! It's heard about less often, but a lot of illegitimate fortunes are also made when things look their bleakest - you don't want to be part of the cause of one of these illegitimate fortunes!

    My first impression is that the Website is quite unprofessional. I have also learned, however, that many financial services companies do not invest much into their Websites, so this would not be an immediate turn-off for me...just something to consider.

    Anyway, if I talk any further I'll be flamed for rambling! I wish you wisdom with this - I know it is a very important decision.

  9. #9
    surf4sports's Avatar
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    Let's join HSfx ... good to invest bro ..
    GUARANTEE 5% to 20 % per Month ! Let's invest in HSFX , We are REAL !
    YM! : surf4sports , SKYPE : surf4sports for any Inquiry . Min USD15 k Only !

    .
    HSFX Asset Management Group , A Path to Financial Freedom !

  10. #10
    surf4sports's Avatar
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    The traders name Hermman already make 5.10% for MAY & 6.10% for June ! Im one of
    their IB , right now over 500 client are invest inside HSFX .They have clients like high investment companies, offshore banks and fisichal investors . add me YM : surf4sports for more details .. i can help & guide u all here .. IM very2 support
    HSFX ..
    GUARANTEE 5% to 20 % per Month ! Let's invest in HSFX , We are REAL !
    YM! : surf4sports , SKYPE : surf4sports for any Inquiry . Min USD15 k Only !

    .
    HSFX Asset Management Group , A Path to Financial Freedom !

  11. #11
    akula's Avatar
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    Quote Originally Posted by Daniel J. Bertelsen View Post
    Hello out there,

    I would like to save up a lot of my savings from the last year, and I have been thinking a lot about what would be the best way to do it in these days (I have 20000 dollars to invest), with the financial crisis going on.

    Somebody told me about the HSFX Asset Management Group.

    HSFX Asset Management Group - The Professional Asset Management that manages and grows your funds to achieve your financial freedom!

    Does anybody have any experience, advice or dis-advice regarding this investing company?

    Their concept looks very lucrative to me, with their promising profits and loss - and management policy of your money.
    these appear to be a fraudsters...or worse...a bunch of guys who mean well but don't know what they're doing
    to operate as "asset managers" they need a licence from finma pursuant to the Federal Act on Collective Investment Schemes
    it doesn't appear like they have one, so everything they're doing is illegal
    plus, it's the little fact that there is no such thing as the HSFX Asset Management Group...it's a nonexistent entity
    the fact is basically that they don't have insurance, so when things go tits up, you're not gonna have any recourse
    Last edited by akula; 07-02-2009 at 09:34 PM.

  12. #12
    surf4sports's Avatar
    surf4sports is offline Junior Member
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    Thumbs up

    Quote Originally Posted by akula View Post
    these appear to be a fraudsters...or worse...a bunch of guys who mean well but don't know what they're doing
    to operate as "asset managers" they need a licence from finma pursuant to the Federal Act on Collective Investment Schemes
    it doesn't appear like they have one, so everything they're doing is illegal
    plus, it's the little fact that there is no such thing as the HSFX Asset Management Group...it's a nonexistent entity
    the fact is basically that they don't have insurance, so when things go tits up, you're not gonna have any recourse
    I can provide u all my detail . Im one of HSFX IB at there . wait ya , need to
    scan or attach the document . You are really2 wrong thinking about hsfx . It's
    real man !
    GUARANTEE 5% to 20 % per Month ! Let's invest in HSFX , We are REAL !
    YM! : surf4sports , SKYPE : surf4sports for any Inquiry . Min USD15 k Only !

    .
    HSFX Asset Management Group , A Path to Financial Freedom !

  13. #13
    akula's Avatar
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    Quote Originally Posted by surf4sports View Post
    I can provide u all my detail . Im one of HSFX IB at there . wait ya , need to
    scan or attach the document . You are really2 wrong thinking about hsfx . It's
    real man !
    what is wrong with you?
    you are introducing people to a non compliant financial service
    let me spell it out for you...
    if you, as an ib, introduce me as a client to HSFX and i lose money on the investment, i have a right to sue you for damages because it was illegal for you to introduce me to this investment in the first place
    god help that you don't come across a client who actually knows swiss securities regulation
    fucking dumbass
    in fact, if i catch you promoting this shit on this forum, i'm gonna ban you
    change your signature if you wanna stay
    i'm not gonna tolerate people promoting non compliant schemes on ye
    Last edited by akula; 07-04-2009 at 02:11 AM.

  14. #14
    surf4sports's Avatar
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    Nothing illegal & Im HSFX IB . they use dukascopy as platform to trade .
    Visit dukascopy.com & i want to help people over here to financial
    freedom. That's all , im happy if u open an a/c with us .

    © 1998-2009 Dukascopy® (Suisse) SA
    On-line Currency forex trading with Swiss Forex Broker - Interbank Forex Brokerage,
    Managed Forex Accounts, introducing forex brokers, Currency Forex Data Feed and News
    Currency Forex Trading Platform provided on-line by Dukascopy.com
    GUARANTEE 5% to 20 % per Month ! Let's invest in HSFX , We are REAL !
    YM! : surf4sports , SKYPE : surf4sports for any Inquiry . Min USD15 k Only !

    .
    HSFX Asset Management Group , A Path to Financial Freedom !

  15. #15
    Iamnotsatisfied is offline Senior Member
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    Sounds like a scam.....Where do we sign up?
    "The unexamined life is not worth living."

    Socrates

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