Invest $10,000 and get a 24% yield in 24 months.

I received an email from a reader regarding an investment opportunity and he asked me for my opinion:

Hi !

I heard about your blog from my father and I am very impressed! I would like to ask you if you know about the German Real Estate Investments through XXXXXXX Wealth Holdings. The minimum cash in is $10k and the yield is 24% over 24 months. Is it too good to be true? Is it a scam? Could you help me look into it please and give me advice on whether to cash in or not. Thanks!!

IL

My reply:

Hi IL,

Ask them how is that 24% return on investment over a 24 months period achieved. If they cannot explain it to your satisfaction, don't touch it with a 5 feet pole.

If an explanation is given, see if they are paying you from cash flow generated by the properties or are you simply taking back some of your own money.







I visited their website.

Their "dedicated and talented management team" has over 25 years of combined industry experience. I wonder how many people are on their team?

At the bottom of the page, it says that they are not regulated by the Monetary Authority of Singapore. That doesn't sit well with me.

I don't know if it is a scam but when in doubt, I stay out. :)

Best wishes,
AK







Apology: Due to an administrative oversight regarding an advertorial earlier, I had to take down this blog post and re-publish it today. Very sorry for causing any discomfort to some readers. :( - AK, 4.52pm, 6 March 2014.

AK will always be AK.

Apology: Due to an administrative oversight regarding an advertorial earlier, I had to take down this blog post and re-publish it today. Very sorry for causing any discomfort to some readers. :( - AK, 4.50pm, 6 March 2014.

My reply to a reader's email:

Thank you for taking the time to write to me. I appreciate it. :)

Do you trust me when I say that I will not do anything which I think is against the interests of my readers? Please tell me you do. -.-"

I will stay true to the spirit of being AK (which always has an element of fun and laughter)! AK is a just a regular guy who shares what little he knows and loves value for money. AK believes that luck is important in everything he does. AK believes in being charitable. None of these will change. :)

I am more comfortable being anonymous and will probably stay so for some time to come. One day, when I am brave enough and ready to deal with the consequences, I might let it go. However, there is no saying whether that one day will ever come. ;)

AK is but a frog in a well.