time to worry?
10-29-2008, 05:11 AM
#21
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Originally Posted by Harpoon,Oct 28 2008, 08:06 PM
These programs aren't scams, they're just unregulated high risk investments. If it sounds too good to be true, it probably is.
if sounds too good to be true it probably is, unless you have control of the mouse and keyboard... then it's mad skillz yo
10-29-2008, 11:56 PM
#22
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The investment manager would be in for a tough time if he/she allowed everyone who wanted to pull their funds to do it.
Sounds more like a stall tactic than anything. Having an aatorney draft a letter or make a phone call should suffice to get the ball rolling.
Sounds more like a stall tactic than anything. Having an aatorney draft a letter or make a phone call should suffice to get the ball rolling.
10-30-2008, 03:45 PM
#23
Originally Posted by midnightsunset,Oct 29 2008, 11:56 PM
The investment manager would be in for a tough time if he/she allowed everyone who wanted to pull their funds to do it.
Sounds more like a stall tactic than anything. Having an aatorney draft a letter or make a phone call should suffice to get the ball rolling.
Sounds more like a stall tactic than anything. Having an aatorney draft a letter or make a phone call should suffice to get the ball rolling.
With a bit of luck, the OP's mom will be able to get her money back, and maybe the interest also, but the real estate market has to turn around first.
These companies take big chances and don't get audited by anyone ever. People are attracted to the interest rate promised, but don't consider the risk to principal.
These things are illiquid in a good market and completely up in the air in a bad market.
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