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2 Responses
Anonymous
November 20th, 2009 at 6:18 pm
1If you’re asking from the perspective of a potential investor, its up to you to investigate before you invest your hard-earned money.
If you’re asking from the perspective of a potential venture capitalist or a person wanting to begin ,an investment company, the BEST way to discover the answer is to ask an investment banker. Before making your appointment, do some on-line research.
Make an appointment for lunch with an investment banker and ask a few questions:
[Not necessarily in this order]
A] Would you please do me a favor? THEN you wait for an answer.
When you get the “Yes” or “Sure, go ahead.” or an answer in the affirmative THEN you preface or qualify your next Q from the perspective you are interested in finding the answer to.
EXAMPLE #1: “I’m interested in starting my own invest company. Would you please tell me everything you know about doing that?”
THEN you wait for an answer.
After finishing his/her answer, ask, “Is there anything else I should know?” THEN wait for the answer to that Q.
THEN ask the Qs which he/she didn’t answer or explain to your understanding or satisfaction. THEN AFTER ASKING EACH Q, ALWAYS WAIT FOR AN ANSWER.
EXAMPLE #2: “I’m interested in investing my money with q very reputable firm which has extremely reasonable rates. Would you please tell me everything you know about your company – including what y9our fees are and all the fees you have – as well as what my requirements are to keep those fees at a minimum?”
THEN you wait for an answer.
After finishing his/her answer, ask, “Is there anything else I should know?” THEN wait for the answer to that Q.
THEN ask the Qs which he/she didn’t answer or explain to your understanding or satisfaction. THEN AFTER ASKING EACH Q, ALWAYS WAIT FOR AN ANSWER.
Thanks for asking your Q! I enjoyed answering it!
VTY,
Ron Berue
Yes, that is my real last name!
Ron Berue
November 21st, 2009 at 1:13 am
2The thing they do best is take as much as your money as they can thru various fees, upfront and hidden. Good racket!
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