Forex Pooled Account
asked:
Before we get started in our analysis of the pros and cons of “pooling” money to maximize profits, reduce or eliminate taxes, and of course personal privacy; we have to say yes we do manage a Private Forex Pool for people we consider friends and acquaintances.
Preliminary details of our Private Forex Pool Account are given at the conclusion of this analysis and interested parties may contact us for information.
What is a “pool account?”
Definition: Any fund in which multiple investors contribute assets and hold them as a group. InvestorWords.com, Web Finance, Inc
Pros
The advantage of a pooled account is the simplicity of setting up one account over a separate investment account for each individual participant.
Source: Destel-Bergen Corporation Retirement Plan Consultants
Pros
Have you ever wondered why the CPI, GDP and employment numbers run counter to your personal and business experiences?The problem lies in biased and often-manipulated government reporting.
“John Williams’ Shadow Government Statistics” is an electronic newsletter service that exposes and analyzes flaws in current U.S. government economic data and reporting, as well as in certain private-sector numbers, and provides an assessment of underlying economic and financial conditions, net of financial-market and political hype.
Source: The SGS Newsletter
Cons
The disadvantage is that the plan sponsor is liable for investment decisions made in the account. In addition, a pooled account will not take into consideration the different investment styles and time horizons of various plan participants. If the plan sponsor invests aggressively, and the plan takes some short-term losses, an older participant nearing retirement could conclude that the plan sponsor did not invest the retirement plan in his or her best interest. The same could be said of a younger employee who would prefer an aggressive investment style, but is stuck in a conservatively invested pooled account.
Source: Destel-Bergen Corporation Retirement Plan Consultants
Pros
The Prosecution’s Case Against Alan Greenspan
Should Alan Greenspan, the former Chairman of the Federal Reserve Board (1987 – 2006), be tried for Crimes Against the Economy, put up against a concrete wall, handed a cigarette, offered a red blindfold, and then executed by firing squad? Yes – absolutely. No question. (And this coming from an anti-death penalty, anti-abortion Catholic.) Herewith, the case for the prosecution. Source: Zero Hedge, Fri, 03 Sep 2010 00:00 CDT
Pros:
Secret plans to slash the welfare bill by £2.5bn for people who are disabled or too ill to work are being up drawn up by the chancellor, George Osborne, documents leaked to the Observer reveal. Source: Toby Helm, Guardian UK, Sat, 11 Sep 2010 06:32 CDT
Pros:
Hedge Fund Manager’s Secret Insider Trading Code: “How’s The Weather In Healthcare?”
A former hedge fund manager basically just bragged that he traded on inside information and doesn’t mind paying the SEC a fraction of his profits on said (alleged) insider trade. Source: Courtney Comstock, Business Insider, Wed, 01 Sep 2010 07:45 CDT
Cons
A forex (or foreign exchange) scam is any trading scheme used to defraud traders by convincing them that they can expect to gain a high profit by trading in the foreign exchange market. Currency trading “has become the fraud du jour” as of early 2008, according to Michael Dunn of the U.S. Commodity Futures Trading Commission. But “the market has long been plagued by swindlers preying on the gullible,” according to the New York Times.
Source: Wikipedia
Pros
30 Statistics That Prove The Elite Are Getting Richer, The Poor Are Getting Poorer And The Middle Class Is Being Destroyed
Source: Robert Reich, The Economic Collapse Fri, 03 Sep 2010 00:00 CDT
Pros
Ripping off Dead War Vets’ Beneficiaries
Wall Street and other financial scammers do it from the living, Prudential and many insurers from the dead, ripping off families of killed war vets.
Source: Stephen Lendman, OpEdNews Sun, 05 Sep 2010 22:07 CDT
Pros
Moody’s Escapes SEC Lawsuit, Now Moves to Shield Itself From Liability
Current and former executives of credit rating agencies are sworn in during a hearing before the House Oversight and Government Reform Committee on Capitol Hill on Oct. 22, 2008. Despite allegations that Moody’s Investors Service, one of the three major credit rating agencies, committed fraud when it failed to fix what it knew was an erroneous rating, the Securities and Exchange Commission announced on Tuesday that it wouldn’t sue the rating agency.
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Before we get started in our analysis of the pros and cons of “pooling” money to maximize profits, reduce or eliminate taxes, and of course personal privacy; we have to say yes we do manage a Private Forex Pool for people we consider friends and acquaintances.
Preliminary details of our Private Forex Pool Account are given at the conclusion of this analysis and interested parties may contact us for information.
What is a “pool account?”
Definition: Any fund in which multiple investors contribute assets and hold them as a group. InvestorWords.com, Web Finance, Inc
Pros
The advantage of a pooled account is the simplicity of setting up one account over a separate investment account for each individual participant.
Source: Destel-Bergen Corporation Retirement Plan Consultants
Pros
Have you ever wondered why the CPI, GDP and employment numbers run counter to your personal and business experiences?The problem lies in biased and often-manipulated government reporting.
“John Williams’ Shadow Government Statistics” is an electronic newsletter service that exposes and analyzes flaws in current U.S. government economic data and reporting, as well as in certain private-sector numbers, and provides an assessment of underlying economic and financial conditions, net of financial-market and political hype.
Source: The SGS Newsletter
Cons
The disadvantage is that the plan sponsor is liable for investment decisions made in the account. In addition, a pooled account will not take into consideration the different investment styles and time horizons of various plan participants. If the plan sponsor invests aggressively, and the plan takes some short-term losses, an older participant nearing retirement could conclude that the plan sponsor did not invest the retirement plan in his or her best interest. The same could be said of a younger employee who would prefer an aggressive investment style, but is stuck in a conservatively invested pooled account.
Source: Destel-Bergen Corporation Retirement Plan Consultants
Pros
The Prosecution’s Case Against Alan Greenspan
Should Alan Greenspan, the former Chairman of the Federal Reserve Board (1987 – 2006), be tried for Crimes Against the Economy, put up against a concrete wall, handed a cigarette, offered a red blindfold, and then executed by firing squad? Yes – absolutely. No question. (And this coming from an anti-death penalty, anti-abortion Catholic.) Herewith, the case for the prosecution. Source: Zero Hedge, Fri, 03 Sep 2010 00:00 CDT
Pros:
Secret plans to slash the welfare bill by £2.5bn for people who are disabled or too ill to work are being up drawn up by the chancellor, George Osborne, documents leaked to the Observer reveal. Source: Toby Helm, Guardian UK, Sat, 11 Sep 2010 06:32 CDT
Pros:
Hedge Fund Manager’s Secret Insider Trading Code: “How’s The Weather In Healthcare?”
A former hedge fund manager basically just bragged that he traded on inside information and doesn’t mind paying the SEC a fraction of his profits on said (alleged) insider trade. Source: Courtney Comstock, Business Insider, Wed, 01 Sep 2010 07:45 CDT
Cons
A forex (or foreign exchange) scam is any trading scheme used to defraud traders by convincing them that they can expect to gain a high profit by trading in the foreign exchange market. Currency trading “has become the fraud du jour” as of early 2008, according to Michael Dunn of the U.S. Commodity Futures Trading Commission. But “the market has long been plagued by swindlers preying on the gullible,” according to the New York Times.
Source: Wikipedia
Pros
30 Statistics That Prove The Elite Are Getting Richer, The Poor Are Getting Poorer And The Middle Class Is Being Destroyed
Source: Robert Reich, The Economic Collapse Fri, 03 Sep 2010 00:00 CDT
Pros
Ripping off Dead War Vets’ Beneficiaries
Wall Street and other financial scammers do it from the living, Prudential and many insurers from the dead, ripping off families of killed war vets.
Source: Stephen Lendman, OpEdNews Sun, 05 Sep 2010 22:07 CDT
Pros
Moody’s Escapes SEC Lawsuit, Now Moves to Shield Itself From Liability
Current and former executives of credit rating agencies are sworn in during a hearing before the House Oversight and Government Reform Committee on Capitol Hill on Oct. 22, 2008. Despite allegations that Moody’s Investors Service, one of the three major credit rating agencies, committed fraud when it failed to fix what it knew was an erroneous rating, the Securities and Exchange Commission announced on Tuesday that it wouldn’t sue the rating agency.
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Forex Trading Recommendations
