Managed Funds Offshore Investing ?

Discussion in 'Shares & Funds' started by Redwing, 15th Sep, 2006.

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  1. Redwing

    Redwing Well-Known Member

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    I came across this whilst surfing the net..I believe its a book put together by Endre' and Ed BURTON

    Offshore Investing? Childs Play


    This is from Vanuatu...

    Ed Burton is probably more famous for Asset Protection strategies though from what I've found; has anyone ever read "Childs Play Investing"?
     
    Redwing, 15th Sep, 2006
    #1
  2. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

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    The major problem with offshore investing is that it is unregulated nature. It is difficult to sue if things go wrong. What happens if the managed fund based in a foreign country decides not to return your money, for example.
     
    Terry_w, 15th Sep, 2006
    #2
  3. Simon Hampel

    Simon Hampel Founder Staff Member

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    I don't think there's much merit in investing through a fund managed in another country ... we have plenty of access to local fund managers who invest in other countries through a variety of vehicles ... and these managers ARE regulated.
     
    Simon Hampel, 15th Sep, 2006
    #3
  4. Redwing

    Redwing Well-Known Member

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    From what I've read some of the Funds are returning some decent figures;

    here are some examples that I've read, real or otherwise they are interesting:
     
    Redwing, 15th Sep, 2006
    #4
  5. Tropo

    Tropo Well-Known Member

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    AMAZING Fund !!!!.

    PS - They missed one more info =
    Mr. Lolo (not his real name) put last week in the Eskimo Fund $100K and they made for him (up to date) 7123 %!!
    Maybe I should sell my wife + all I have got and invest in this Fund.
    What do you people think about my idea ??.:eek: :eek: :eek: :eek:
     
    Tropo, 16th Sep, 2006
    #5
  6. Takestock

    Takestock Well-Known Member

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    How much do you think you will get for your wife? Think carefully before answering - she may visit this site some time in the future.;) :D
     
    Takestock, 16th Sep, 2006
    #6
  7. Tropo

    Tropo Well-Known Member

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    Good question ...:confused:
    Hmmm.... Let me run my numbers first...:p
     
    Tropo, 16th Sep, 2006
    #7
  8. wealth4life

    wealth4life New Member

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    Too Good To Be True ???

    Hi Guys
    I wanted some advice on a Invitation Only investment a long time friend has become involved in . Basically the investment company sets you up with an offshore company registered in Vanuatu , the initial fund are used to purchase an education package the other portion is then used to set up your off shore company . From what my friend tells me ,after your set up , the Investment capital which can only be sent in mutiples of 5k is %100 secured through the US treasury by way of bonds or notes . My understanding is that 70% is used to purchase US treasury notes which mature at 100% over 6 years , the remaining 30% is leveraged to 100% then used to trade through the futures market . The return to my friend has been 4% per month consistantly over an 18 month period 48% per year less some admin fee's . My question is , Is this too good to be true or too good to pass it up as an investment




    Cheers
    Shayne
     
    wealth4life, 3rd Nov, 2007
    #8
  9. Rod_WA

    Rod_WA Well-Known Member

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    70% is used to purchase US treasury notes which mature at 100% over 6 years

    All treasury notes mature at 100%. That's what they do!
    So in fact you'll turn about 4% per annum investing in those.

    the remaining 30% is leveraged to 100% then used to trade through the futures market

    You could do much better putting $70k into the bank in Australia at 7% and throwing the $30k at a local heavily geared absolute return fund with a futures bias.

    I wouldn't follow your friend without taking some serious advice from a financial specialist, an accountant to start with.
    Just my opinion.
     
    Rod_WA, 3rd Nov, 2007
    #9
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