Last Friday, I almost dozed off on a leather chair @ Borders, Times Square! It wasn’t because the books I was browsing - reading would’ve taken more brain & eyes power which I didn’t have enough then - were boring. They had colourful pictures of bracelets, necklaces, earrings, fetching decorative pieces made from Swarovski crystals, wires and beads. Lots of creative ways to make paper crafts. I wanted to take pics of them but that would be violating the rights of whatever.
A friend of mine asked me to join her at this workshop since we were are interested in learning more about investment and hope to invest in the market soon (her) and later (me).
My grandfather had invested in stocks and mutual funds (unit trusts) and though he had made money from them, he stressed out from the loses. Everytime these words are mentioned “stock” “invest” “insurance” in my household, the next word you’ll hear immediately from my parents - 98% before you finish your sentence - would be “Insurance waste money only” “Ha! Don’t waste your money in playing stock!” To my father, gambling (4D lottery all that) is fine.
The speaker kept ending his sentences with “yeah?” that it was annoying. Wanting to be close with the audiences, he called us, “friends.”
“Do you want to know a better way to invest, friends? Yes or yes?”
He’s also a bit hunched back or was the white board too low for a tall guy like him?
That aside, the talk was really informative to a financial investment blur me. He talked about:
- invest low, return high
- make money when it’s going up, down, flat
- protection
- take your profits
He asked the audience, “If I say I’ll give you 30$ but you need to give me 10$ first, will you do it?”
Several hands shot up. This method reminds me of StoresOnline - Internet Marketing Conference where the speaker asked the audience, “I need a volunteer to come up. I’ll give you 50$ if you hold you hand out.”
He asked again and several people dashed to the platform and waved RM10 notes at his face. Aggressive people. :)
This method is to get your confidence and some say brainwash you into thinking a pleasant experience for the 1st time (you get 30$ - 10$ = 20$) would ensure the next experiences in investing would be positive too.
He also explained about Call and Put options. Almost all of the examples that were given had figures to show you how different types of investment worked - including how Warren Buffett made $ from Coca-Cola.
Among the notable people he mentioned were Kishore M (the 1 showing full set of white teeth at you) and 1 of the richest man in the world, Warren Buffett (not pronounced as buffet or buff-ett hehe).
This workshop also served as a preview for PowerUp Capital’s 3 days course worth RM6000. If you had come for the talk, the price for the course was discounted to RM3988 with RM100 deposit.
My friend couldn’t make it to the course at the slotted date so she asked 1 of the staffs. The staff, a woman in power suit replied briskly, “You can go to our website and check.”
What? That was good service and manners. Not.
I suggested that my friend, “Ask the speaker better.”
At the same time, another guy was having the same problem as my friend. The speaker informed both of them, “It’s ok. You can sign up with deposit, we’ll call you for the next date in June or July.”
Official site:
- PowerUp Capital Network which is http://www.infologi.net/kishore/default.htm
- Commerz Capital International Pte Ltd (Hedge Funds/Money Management Services) which is http://www.infologi.net/cci/default.htm
See something interesting in the URL? Both servers are from Infologi.
*rub hands together* Money, money.. come mari home!
how about the reputation of Kishore M in your country ? is he still a well known speaker ?
Dear MJ ,
I read your comments on this workshop with much interest and admiration of your detailness of the entire preview process , i can never be so details , maybe you are right for the journalism work. I was a past student that benefited from attending the actual course which you mention at RM3988. Ever since then after working through the lerning curve i’ll say i have made much progress and thank god my decision to join wasnt wasted.
Its not like that i am a staunch supporter of Kishore M of anything like that , but as a person that has gone through think and thin of life for the past 65 years i will need to say its been amazing what options can do for you, all you need is hardwork , determination , patient and non - greedy. I felt by reading you comments you have some how judge the books without even reading the whole book. Its very sad for a person that has not even done the 3 days workshop to have such a judgement in times sarcatics. Lastly let me advice , there are no free lunches in this world , what is presented to us is a FREE SEMINAR with the organiser paying for the advertisment to alert you and also to have a place for you to come to listen to his talk. Do appreciate that in the 1st place. What is presented to you is worth the RM3988/- as its a piece of intelectual properties that we Malaysian do not know how to appreciate ( pirated vcd’s )
To end i have came to know the employees of the organizer for quite sometimes and i can tell you all the employees were very kind and helpful. I dont see there is any wrong doing in telling you to occasionally log in to their ” infologi ” website to know the upcoming schedule. As you also must understand running a seminars is ALWAYS dependant on the availability on the speaker so its not rude of her to advice you to check the website later.
Thank you and i hope you will post this comments up.
Hans, my interest in investment just started so before this, I had never heard of Kishore M or PowerUp. Is he famous and his methods work in your area?
Captain Sally, thanks for dropping by.
I had only been to the workshop which was an introduction to the real course so this was my review on it. Others who had been to the workshop might have different opinions. Those who signed up for the course after attending this workshop might have different views too. Did I judge the real course? No.
Of course I appreciated that the company offered free workshop but let’s face it. The free workshop was an osmosis relationship. I learnt something basic and PowerUp got the interests of people to sign up for its courses. It’s a business. Companies do this because this works better when they want to spread the news and get more customers instead of cold-callling.
Glad you had a different experience with the staffs. It wasn’t wrong of her to tell my friend to check the website but it was her tone that made her sound unhelpful and inefficient. A good staff should know how to provide alternative solutions or at least double check with the PIC. Note the different answers by her and the speaker. If my friend signed up on another day, according to them - there would be no discount and she had to pay RM6000.
Did you attend other similar courses on investing?
Captain sally,
You have got me all interested now. So, you are telling that this “power up” system actually works? Care to elaborate a little further on “benefited from attending the actual course” and “its been amazing what options can do for you”?
Please, do not think i am trying to fleece you for info. Its just that i have always been skeptical about these trading seminars and systems. The way they go about advertising themselves (make millions blah, blah…) is too good to be true or that’s what i have been thinking all along.
Personally, i have never attended any seminars or training courses. I have been trading warrants (similar to options) on SGX for quite a while now. Its been a roller-coaster ride i should say. I am now contemplating joining a trading course or something to improve my skills. i am looking for one with good credentials.
Btw, there is this another trading course being conducted by a lady called Mirriam MacWilliams. She’s from this institute called welath mentors( http://www.wealth-mentors.com/). Has anybody attended her seminars?
MJ,
So, did you take up the entire course or may be some other ones?
I went for Wealth Mentor’s Smart Traders Seminar (Updated) but didn’t sign up for the real course. I like it’s a woman who is successful and sharing her knowledge with others :)
On the lookout for more seminars now.
I would like to share my bad experience with Kishore M of PowerUp Capital.
Did you notice that he gives Free Unlimited Lifetime Support & Resits? Careful, there is a catch here.
In Singapore, there is only Kishore himself to hold that particular seminar. Another fella teaches CFD. And another teaches Forex. When Kishore doesn’t hold that seminar, you wait long long. And when you waited, the following could happen.
Kishore held his Futures seminar a couple of times. When I wanted a free resit, his Customer Liaison Officer, Cynthia Tay, said that I can only sit in for the first day of the two-day course because the content is new for the second day. Therefore I have to pay for the 2nd day. That is not consistent with what he claims.
The email support I was supposed to get was slow and hardly any help too. I did a wrong LEAP option trade and tried to ask Kishore to help. But the email came some days later and the help was that nothing could be done. So terrible. Actually, as it was a LEAP, I have plenty of time to close the trade. But he NEVER advised me that. As a result of this “support”, I lost a few thousand bucks. No thanks to that!
Then I was not making progress in making my money worked harder. I became desperate and when the advertisement email came, I hopped in. A costly mistake. I put a lot of my hard-earned money in his managed fund. He promised a mininum of 12% of return by the end of twelve months. If not we can have our seminar money back. His shining credit of making 99.05% for 2003-04 and 233.13% for 2003-05 seemed so attractive and convincing as it was certified by one of the Big Four accounting firm!
So I trusted him, gave him the money. Now the money worth less than 60%!!! Of course they say I can always pull out. But it is so heart pain that my hard-earned money down more than 40%!
What went wrong? I called Cynthia up to look for some answers but she was very defensive. She was usually friendly and courteous. But this day, she raised her voice, she also sounded agitated, and kept on interrupting me with defenses.
Then I saw their advertisements again on CFD, Forex trading and Gap Trap.
I called up the office again. Since Kishore and his associates are making HEAVENLY money, can they PLEASE, PLEASE, PLEASE use them to salvage my fund? But the answer is a big fat no. However, Kishore will do his best using the existing strategies. My god!
Be careful if any of you wishes to sign up for his course(s). Think you will be one of the 5% who will make money? Chances are you may also lose 40% money like him and me. The seminar is just a lot of hype.
I was told that market was good years ago (see, I don’t know that). Any Tom, Dick and Harry can also make money and any strategies you use can also make money. The real test comes when the market turns. See how our money is lost.
Hi Alamanda,
great to hear your comments.
Thought i was put off by his hard-sell towards the end, i put down Rm100 deposit to attend the course but now have 2nd thoughts. I have no experience in trading and the more previews i attend, the more confused i become. I was not impressed with his testimonials at all especially when he claims that 30,000 people have done his course.
Is your experience unique or do you think the other participants also faced the same problems. He says that everyone will make money during the 3 day workshop - is that true, and if so, how much did you make?
thank you
kamal
Hi Alamanda and Kamal
I was drawn in by your comments about Kishore M. Someone told me about him and his credentials look impressive, being licensed by the MAS of Singapore etc. But is he really??
Alamanda, does Kishore M teach techniques or tells you what to buy? And when you said he “promised” the return of 12%, he probably didn’t mean it - probably meant that you could potentially earn up to 12% returns?
would like to hear more about your seminars by Kishore.
hi there,
I heard Kishore now turns to be introducing FOrex course. Has anyone attended the course? any real outcomes or results?
thanks.
rgds,
budi
BEWARE OF KISHORE M OF POWERUP CAPITAL
I am based in Dubai, UAE. I too attended one of his many free “Money Making” Seminars. He was so convincing at the seminar that we a group of about 30 signed up for his “Auto Trade” scheme, where he promised us all a minimum return of 15% in a year trading options. Everyone in the group of 30 lost money, 75% of our investment was lost by Kishore. I personally lost US $ 13,000/- of the USD 20K I had given him. And now he is not seen in Dubai at all, he has stopped his seminars in Dubai. He has moved now to the UK and India.
I wish we all who are victims of Kishore M take him to court.
Thanks to all buddies who are willing to share the great experience of Kishore M’s course… I already put down RM100.00 as a deposit for Forex course and the class will be held on this Sat 24/5…. After I read all stories here…. I just realize that not all people are success after his course. I also found that there are many forum folks are complaining the same. The forum & blogs had made me worry that am I joining the good course by paying so much and my return of investment is a big “Lost”??? So.. I have to make sure I have at least RM4.9k for the course and may be another RM 6000 plus for USD 2000 to play Forex game but there is no guarantee that I can get profit back after the course??? No wonder, I saw one litte remark at his brochure stated clearly that * There is a risk of loss in trading… All people know the risk of Forex but why this is highlighted at the bottom line… most of advertisement likes to highlight such a little wording to make sure if anyone lost the money or property then they are not responsible for it as a little advise has been stated… then why during the seminar, there is no special mentioned about Risk??? The only one that I heard was “Easy; Simple and Guarantee” that everyone can make money and good return… where is the risk statement?
I’m not regret to lose my money as it is just RM100.00 but I don’t want to lose USD1k or even though USD10k… I’m not so rich and afford to lose for even RM1000 now but I can rather make such donation to China & Myanmar then losing it.
As that time I do not aware about all these comments and complaints… but today I felt disappointed to go for the course as I don’t want to be like those victim. Fyi, the course was increased to approximately RM4.9k.. The only question I have now is not to dream about making big $$$… my only question now, is it worth to attend the Forex course???
Nevertheless, I only believe that the only successor who can make big money is to ensure he is going to build a good reputation and trust with all level of “PEOPLE”… As a presenter, he should not put risks to other poor people as he did claim that how his dad’s situation during his young kid etc… as there are many people like his situation too… that’s the reason they seek for a good presenter to guide them the way to make money and should not be putting risks and putting ignorance when his students seek for help… right???
I cannot comment how good he is as I’m now tentatively joining his course… I will get all my friends around the corporate company; SG integrascreening check and internet groups to find out more about Kishore M.. At the meantime, if I receive 99.05% good response out of 39,000 people he trained so far then I have no doubt to join his course….
I believe this is fair to me and fair to him too.. Fyi, I only wish to join for a good and success program but I don’t want to be a loser in the Forex game and to be a victim later…
Through his testimonial, I have a comment to post here.. Nowaday there are lots of good website with a good video stream application that can help his company to post that live testimonial then probably I can learn from those successors and build my confidence to join the course… The testimonial given during his seminar was just an attachment from the PowerPoint deck and it is rather an old fashion way to promote his course… Live people talk better than a photo or word…
John N. The Fox