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Community


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Online Share Trading

Engage and learn about markets and trading online

South African Investors Club

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Pam_1
Regular Contributor
This club offers growth of 6.5% PER MONTH, and here I struggle along with my own poor trading? Is it (a) a hoax, (b) a pyramid scheme or (c) simply to good to be true and I must get on board as soon as possible? See http://www.southafricaninvestorsclub.com. Anyone deals with them?
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7 REPLIES 7
MichaelR
Regular Contributor
I would love to hear as well ?
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faure
Frequent Contributor
6.5% pm compounded is close to doubling your money in a year. They may have done that in the past year but how much risk did they take and how consistent are they? 6.5%, month in and month out is super trader stuff. I'd be wary if that's what they expect every month.
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asylum
Super Contributor
If its too good to be true it usualy turns out that way. I had a friend who lost R 200000.00 in scheme run by a woman called Marike in Vanderbijlpark, she eventually raked up 800 million rand before she was closed down, have never heard of the case going to court.Be carefull!
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SimonPB
Valued Contributor
hmmm, looks suspect, especially this little titbit...

REWARDS
Any member who refer new members will be rewarded up to 3% equivalent to the loan amount. You need to be a member to achieve such rewards
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Not applicable
ding ding ding... alarm bells... aint greed a bugger... stay away. OMO
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modo
New Contributor
..........just the plain simple fact that there is not single contact detail makes me wary, no addresses, emails, telephone numbers.......somebody doesn't want anybody to know who they are
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Dilligaff2
Frequent Contributor
From WHOIS:-
Registrant Contact: BridgeBond
Righardt Myburgh ([email protected])
+27.0448841242
Fax: 0865107173
99 Davidson Rd
George, 6529
As the Chinaman said to his mate - jorry good ruck!
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