Gavin Budd Enterprises Keep away from them.
Don't fall for schemes offering bigger and faster profits that claim less risk and less effort than real investments. Gavin Budd Enterprises is one of these companies.
They are calling people offering high return on their share trading software. They are claiming a return of $50,000 over 2 years with an investment of $2000.
They get you to act quickly before its too late
What they want is $8,900 for you to buy their software but they also been selling it for $5,000 to get a sale.
They have attractive documents, business-like websites and smooth presenters.
These are techniques that scammers use. If you find yourself saying it sounds too good to be true, it probably is.
Successful Professional traders could make about 20-30% return per year. Mind you, some years are bad and they make much less, and then they might have a good year and make much more.
Don't buy the software before you start educating yourself about the share market. Make sure you are comfortable about your investment requirements and know what you're after before you consider anything like this.
The bottom line is that none of these programs are guaranteed. No-one has found the magic mechanism and anyone who encourages you to think that they have is someone to avoid.
Active trading is for people who have the time and expertise to devote to the trading game and who are prepared to bear losses as well as make any gains.
People who want to manage their share portfolio but don't necessarily want to actively trade may want to consider the far less expensive packages that help track your share portfolio rather than something that costs a lot more because it has some buy-and-sell trigger embedded.
If you are considering paying thousands of dollars for a share trading package you ought to seriously think about your alternatives. That much money can buy you a very carefully prepared financial plan with ongoing service.
If you are offered a dodgy investment scheme, call the Tax Office on 1800 177 006