Comments on: “Protected Certificates: Mandated Gains, Guaranteed” — True Income

By: RICHARD CHINJE

RICHARD CHINJE — Sun, 04 Oct 2009 23:43:21 +0000

Ican’t wt for thisreport

By: Joe

Joe — Tue, 23 Jun 2009 22:29:53 +0000

Thanks so much posting this review. You saved me the $1200 that Stansbury wanted as well as any of these junk bonds I might have bought.

This review prompted me to do further web searches on junk corporate bonds and the horrow stories far out weiigh any of the few succeses I found.

My monhtly subscription to Irregulars is worth every dime.

Thank You

By: Ron

Ron — Mon, 22 Jun 2009 21:05:54 +0000

I have dabbled in 6 or 8 of these over the years, including GAJ (A&P’s bond which I still hold).

2 of them did indeed go bankrupt. For one (Mirant) I ended up making several hundred % by selling the company stock I received.

The other was GM. I need say nothing more. I still buy them if the return is right, but am always prepared to end up losing it all.

By: Fabian

Fabian — Mon, 22 Jun 2009 18:27:48 +0000

Unless you can afford proper diversification, you have to be crazy to invest in these bonds. If you want the yield get a HI YIELD bond fund. Their positions are rarely above 2.5% of the fund’s value.
The nerve they have to call this kind of investment “protected”.

By: SageNot

SageNot — Mon, 22 Jun 2009 18:19:30 +0000

Don’t know Mike Williams; but to call an investment service “True Income” at a very lofty price & then deliver huge losses instead has to make you wonder, it would make me wonder anyhow.

Stansberry is a multimillionaire, & not many of his associate’s clients are anything close to break even these past two years +, WHAT SAY YOU PORTER?