One in a million; An asset management firm worth considering?

[smarks999]

Hey everybody;

thought I would share this one, as searching around for a firm to manage some personal cash might finally have paid of. This is obviously just for people who want to invest a bit of cash rather than trade it themselves.

It is a firm based in the UK and Turkey (for tax purposes). Over the last four years they have had incredible returns averaging about 75%. This was based on the actual accounts I saw form the agent.

Overall I thought it is worth investigating as much as it is reason to be sceptical.

They take small investments of around $10000.

Any thoughts??

 

[arabianights]

No information to make a useful decision, but almost certainly dodgy if you ask me.

Anyway with $10000 if you trade it yourself you could easily make three or four hundred percent per annum without any difficulty.

 

[smarks999]

Oh sure, but it is single digit % for people who actually make those 100s of %. And I am curious what in your opinion a convincing factor might be to go with it.
Even 3 Years of Bank certified statements should do the trick?

 

[arabianights]

Means sod all, honestly.

Why would some super duper trader solicit investments in $10 000 chunks? It doesn't make sense.

 

[A Dashing Blade]

. . . It is a firm based in the UK and Turkey (for tax purposes). . . .

I have never, ever heard of a firm located in Turkey for tax purposes.
Stay well clear