Monday, January 4, 2010

Powerup Capital Review #5

I went to the Investfair at Suntec and it was not as crowded as PC Fair, which was a good thing. However, most of the people there seemed to be interested in collecting freebies and are of spill over crowds from the job fair in the next convention hall.

First talk i attended was the options talk by optionxpress, which i say, bored me, because i haven't had a single idea on what the speaker was speaking about, and knowing that it is something like stocks with limited holding periods.

And so I went off for a forex talk by Kishore M from PowerUp Capital. This guy certainly can talk. Well, he seemed like a motivational speaker to me and had a marvelous tongue. During his 1 hour talk at seminar 2, he showed video testimonials of his students praising him, rather than information with the crowd.

After his 1 hour seminar, I learnt that he had a mini ballroom with a 2 hour talk, which I went, feeling pretty excited that i might be able to snatch a tactic or so from the guru. A free booklet and CD was given to people who attended the close door seminar.

The close room talk to me, was similar to the open seminar conducted by him in the main hall. This close door seminar was more of a sales talk than educational talk which I was expecting. A lot of testimonials were shown to lure you to sign up with the course.

He informed the public that he will be sharing 4 of his trading methods. Which he did share, with extremely vague description.

Something like,

Tactic 1 : ABC DEF of trade
with a 1 line description.


His sales talk, was #1! He will slowly sway you into the final action, which was to sign up for his course, asking you to perform small persuasive actions which you will not have noticed.

His favorite question to us, "Yes or Yes" , never a yes or no. "True or True", Never a False ~_~

The course fee was just "affordable", in my humble opinion, at S$328/ month for 1 year. The first fifteen people that signed up will get a netbook free with all the charting software. and US250 in their trading account. Marvellous deal, am i right?

Considering the cost of a netbook at around S$600 and USD$250=~350, we will get a discount of $950 off. Which reduces the final course fee to S$2986. Seems like a valued course for forex courses which usually lingers around the range of S$4k

I almost signed up straight on the spot, til to his excellence sales talk. Since sunday is a last day to sign up, me as a typical human, procrastinate on my actions.

Upon reaching home, i read the booklet, which provided 4 pages of basic forex information, and the rest? Kishore M's and his company's achievement as well as his other internet marketing business.

The CD? It provided information on 1 forex strategy, and some links to account opening and his 85 pages book "Get Rich Young Book" Pretty useful basic information again.

And being the online person, I Googled for "Kishore M review" and "Powerup Capital review"

And I found this amazing video that I saw on that day!


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