Originally posted by NaiveKid:
Hi every1 
I wish to know something, LegacyMan (or other agents but Legacyman
preferred due to his good reputation built up in the forum
).
Do u tell ur client the records of Mr James Phang or those failed
projects when u are presenting the Emcom project? For me, neither
my agent (my friend) nor the presenter tell me any of those things.
( which will aid me in making sound decision ) Moreover, most of
the client are either friends or family of the agents. I feel tat
the agent should let them know the track records of the company and
their previous achievements.Of
course, if the agents or the presenter themself dont know those
things, they cant be blamed.
I know that its the responsibility of the
investor to research these info in depth. But for some of the
clients, they are not amateur investor and they invested mostly
because they trust the agent tat they have done much research in
the project. ( and of course, high returns)
Secondly, with regards to the capital protection plan, i wana know
if the client will be able to recieve the [b]promised sum
of money even though the project failed right? ( for me SP is 3.6k)
Tat is wat my agent told me. I know that for the second point, i
have posted in another topic, but i think this thread is quite
active right? 
[/b]
achievements
corrections on that - it should be past
failures
not knowing the track record doesn't mean you have no
responsibility at all.
your friends, family, relatives ALL SIGN on the SPOT without
thinking should they sign all BASED ON 2 words
the 2 words = TRUST &
REPUTATION
by committing that this project is trust-worthy, you are gambling
with your trust-factor. Once bitten - Twice Shy.
As there's a saying. It
takes 10 yrs to build a trust-worthy reputation; BUT it TAKES ONLY
3 days to reuin your established reputation build over the
years.So since you have know know the track record,
IT IS YOUR DUTY TO FIND OUT MORE, NOT theirs.
I've trusted NTI once, by refering them to NTI, but the trust was
lost - ALL MY Secondary School Friends (those whom i knew for yrs)
all gone down the drain. I'm just want to share and advice. If you
want to commit your trust and put it on the line, put it on a more
trust-worthy company. Many people, in fact most people don't know
that once the creditibility is lost, it's hard to recover it.
