Support My Efforts By Visiting The Advertisers


This is a personal blog. The opinions expressed here represent my own, not those of my employer and is not intended to malign any religion, ethnic group, club, organization, company, or individual.

Newspaper Advertisement Claims

>> Thursday, December 10, 2009

I was inspired to do some calculations by the newspaper advertisement that claim to make profits within a short period of time.

Disclaimer: If any of the trainers or students are reading this, do not feel offended. I am not saying that the course is useless as I personally have not attended them and cannot comment. This is purely mathematical fun.

Claim #1: $10,000 to $2,000,000 within 2 years.
Claim #2: $1,000 to $78,000 within 2 months.
Most others were not so bold to highlight such claims but key words include passive income, consistent profits, minutes a day... well, you get the picture.

Anyway, based on the above profit rates, I was wondering how long it would take for them to be richer than Warren Buffett ($40 Billion) based on a hypothetical initial sum of $10,000 and compounding their profits based on their profit claims.

Claim #1:
2000k/10k = 200%. So, working out for $10,000 to become $40,000,000,000 will take 21.93 periods of 2 years which = 43.8 years.
In under 44 years, he can be richer than the richest man on the planet!

Claim #2:
78k/1k = 7800%. So, working that out again will take 3.489 periods of 2 months which = 6.978 months.
This is most impressive! He can do it in just 7 months! Slightly more than half a year.

Do take note that for these time frames, the initial sum is only $10k, there was no additional top up and we are comparing to the richest man in the world.

Let's have fun with more mathematics.

Claim #0: Make $300,000 with little or no initial capital in just 2 days!

Stop joking, there is no such ad.

Well, it is the same ad, but in the opposite direction. Start a 2 day course. Charge $3,000. Have 100 people attend.

Do it quarterly (i.e. 4 times a year) and rake in over a million a year for a total of 8 days work! Well, you won't reach Buffett's wealth until 40,000 years later with this claim, but is it ok, not ok? Good or good?


Lau December 10, 2009 at 12:34 PM  

An after thought, if I were to conduct a course, my claim would be how a student turn $100 to $300,000 in 1 day with just minutes!

The course is $10/pax and will start after 10,000 students enroll.

It will teach you how to buy 4D from Singapore pools. Each of the 10,000 students will be given a winning strategy of buying a bet of $100 for numbers from 0000 to 9999.

One student will definitely turn his $100 to $300,000 with just a few minutes to purchase the ticket on the day of the draw.

And I'll be $100,000 richer.



The owner of this blog does not share personal information with third-parties nor does the owner store information is collected about your visit for use other than to analyze content performance through the use of cookies, which you can turn off at anytime by modifying your Internet browser’s settings. The owner is not responsible for the republishing of the content found on this blog on other Web sites or media without permission.

Blog Comments

The owner of this blog reserves the right to edit or delete any comments submitted to this blog without notice due to;

1. Comments deemed to be spam or questionable spam
2. Comments including profanity
3. Comments containing language or concepts that could be deemed offensive
4. Comments that attack a person individually

Terms and Conditions

All content provided on this blog is for informational purposes only. The owner of this blog makes no representations as to the accuracy or completeness of any information on this site or found by following any link on this site. The owner will not be liable for any errors or omissions in this information nor for the availability of this information. The owner will not be liable for any losses, injuries, or damages from the display or use of this information.

This policy is subject to change at anytime.

About This Blog

To promote the education of individuals for the need to have a healthy lifestyle and wealth management through proper financial planning, particularly in investments.

Top Blogs


Top Sites

  © Blogger templates Sunset by 2008

Back to TOP