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.

Secrets Of Gifted Investors

>> Sunday, August 5, 2012

First and foremost, I would like to pay my respects to a fellow blogger.

High-profile financial management expert Dennis Ng died of a heart attack after a three-hour finance seminar at Park Mall. The co-founder of and mortgage consultancy firm Leverage Holdings is well-known for his media work and best-selling books. His entrepreneurial start-up, a financial education portal, won the inaugural SME1 Asia Awards Top 5 Award in 2011.

Life can be so fragile. May he rest in peace and condolences to his family.

At the same time, another trainer got into the news for the wrong reasons, Mr Kelvin Ong.

Mr Kelvin Ong Wee Loong, the founder of AristoCare centre, charges a whopping $250 per lesson for parents of primary school students looking to clinch a place in the coveted Gifted Education Programme (GEP). He claimed he attended National University of Singapore, before becoming a teacher in the GEP programme at his alma mater. However, checks by the Ministry of Education (MOE) revealed that Mr Ong was neither ever a pupil nor teacher in the programme. He is not even a qualified teacher.

With the kiasu culture of Singapore, many people are afraid of losing and seeking ways to win. Be it winning in their children’s education or their pursuit of money making methods.

As a result, some are exploiting this culture and offering secrets to their gifted money making ways. Winning in property investments, automated algorithm trading, forex, technical trading in stocks, trading options strategies, etc. They will claim anything from being an award winning trader, amazing track record, wealth of experience, best selling author, featured on television programs and a list of astonishing testimonials from their students.

Just like the tuition industry, these training industries are not regulated and many “gifted” trainers can claim nearly anything they want without anyone verifying it. Sure, there will be the few who are genuine, state the hard truth and sincerely want to share their secrets. However, they will be drowned out by those who use these advanced sales techniques to let people hear what they want, using catch phrases like, “passive income for life”, “create a second stream of income”, “millions with just hours a day”.

With all the astronomical fees these gifted trainers who claim the sky are charging, the biggest secret they do not want to share is that the best source of income is from collecting the training fees. After all, just like all education, results are non-guaranteed and they cannot be held accountable if the students do not perform well in the end.

Anyway, Happy Birthday Singapore! Happy National Day to all readers!


farmland investments August 23, 2012 at 2:35 AM  

That is terrible news all the way round. In the UK and US, there are all kinds of investing frauds going on. Unscrupulous people are trying to take advantage of others who are worried about the bad economy, or older people who are looking for income from their investments and cannot find any because interest rates are so low.

Lau August 26, 2012 at 4:59 PM  

There will always be cheaters, the importance is to recognize the difference from the genuine. So as to stay clear from the bad eggs.

Swee Chye August 29, 2012 at 1:03 PM  

I notice that your options Xpress banner is not working, as I've click on it to find out more, but it redirect to a blank page "The webpage cannot be found"

Lau August 29, 2012 at 8:54 PM  

Hi Swee Chye, I think the link is broken. Removed it. Thanks for highlighting.

Blogger May 28, 2017 at 11:02 AM  

eToro is the #1 forex trading platform for rookie and professional traders.



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