Better Trades is coming to St. Louis. They say free seminar but then I hera they try to sell you thusands of $$ worth of software, etc. I would greatly appreciate anyonoes opinion or experiance with them. thank you
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March 15th, 2010 at 2:53 am
I have no experience with the company you have mentioned but in general I have found that these seminars are nothing more than a marketing push to get you to buy their software, invest in their funds, take out a loan (or margin facility) with them, subscribe to their magazines, etc…
If you are genuinely interested in learning about the stock market, you’ll find officially endorsed courses (usually for free) offered by your local stock exchange. For example, the Australian stock exchange offers free seminars on how the markets work as well as online simulation games (even to high school students).
March 15th, 2010 at 2:53 am
You are correct. They tease you with lots of promises. Then they try to sell you tapes and books at a big table in the back of the room. The entire reason for the "seminar" is to sell products. The seminar is a waste of your time.
Go to the library and read the Wall Street Journal for free. Then open an account with Scottrade ( i don’t work for them) and buy a few stocks.
In 8 out of 10 years, people throwing darts at a list of stocks did better than investing in the "picks" recommended by the professionals.
March 15th, 2010 at 2:53 am
Think about it for a minute. If you had a sure fire way to make money on the stock market (or anything else, for that matter) would you waste your time talking to a bunch of people who know nothing or would you spend your time making all that money for yourself on the market (or any other way)?
The way these speakers make money is by suckering others into buying their products, not by teaching them "secrets" to greater wealth.