James,

Are you serious?

My responses below!

On Sun, 16 Feb 2003 09:33:37 -0800, "James A. Donald"
<[EMAIL PROTECTED]> said:
> 
> Only *rich* people with knowledge and connections should invest
> in ventures.

If you take out the word "rich", this might/could be construed as good
advice!

> 
> Project investment is only worth doing if each investor does
> his own due diligence, which means that each investor has a few
> *million* he can afford to lose, has some connection to the
> people behind the project and spends a few days looking old
> wealthy friends in the eye, and chatting with them about the
> project.

MILLION? Who has a few spare $M sitting around doing nothing? :) I agree
with most of the rest of James' statement! 

> 
> Even with such precautions, most projects fail.

Simply not true. However, you do have to apply risk management, to *any*
potential investment project.

> 
> If you want to invest a or a few hundred dollars, you cannot
> afford the due diligence, so you do not invest in a new
> project, but in a long established enterprise that has a long
> history of doing much the same things, and getting much the
> same return out of it, or in a fund that invests in such things
> for you, and is adequately audited to ensure it really is
> investing in such things.

Hmmm, perhaps some good advice here! However, James, according to your
website echeque.com, you are an "expert" in freedom... what experience do
you have as an investor? Care to share your personal pearls of wisdom?

Cheers!

Graham Kelly CEO

-------------------------------------------
GoldNow Corporation http://www.GoldNow.St
Primary Customer Service +61 3 9415-7750
US Voicemail +1(817) 238-9955
US FreeFax +1(800) 786-3012
UK Phone +44(0) 709 233-7612

Want to paticipate in the *new* GoldNow Investments?
Register today at [EMAIL PROTECTED] !

---
You are currently subscribed to e-gold-list as: archive@jab.org
To unsubscribe send a blank email to [EMAIL PROTECTED]

Use e-gold's Secure Randomized Keyboard (SRK) when accessing your e-gold account(s) 
via the web and shopping cart interfaces to help thwart keystroke loggers and common 
viruses.

Reply via email to