[Daniel J. Bertelsen]

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.

[Doodyps]

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.

[SIMPLEROBB]

Originally Posted by Doodyps

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.

[JLeezer]

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.

[YoungBuck]

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

[Doodyps]

Originally Posted by JLeezer

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.

[Doodyps]

Originally Posted by YoungBuck

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.

[The Stealthy One]

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.

[surf4sports]

Let's join HSfx ... good to invest bro ..

[surf4sports]

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 ..

[akula]

Originally Posted by Daniel J. Bertelsen

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

[surf4sports]

Originally Posted by akula

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 !

[akula]

Originally Posted by surf4sports

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

[surf4sports]

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 .

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[Iamnotsatisfied]

Sounds like a scam.....Where do we sign up?