My calls are so good I should be a tennis umpire !

Stuart..all good points…and I’m happy to let it die a natural death…unfortunatley some people just can’t see the wood for the trees on this topic.

Lets re-group when there is a definitive outcome rather than another false start.

Over and out

Natalie

With reagrd to the points you have raised above…I’ll stick with my original viewpoint thanks.

This is starting (ever so slightly) to drift away from the topic….lets be careful it doesn’t move OT all together and get locked by the mods

Cheers
Nat

Why you ask??

Everyone needs a hobby…mine is watching the uneducated and ill-informed chase products that are pure fantasy

Its just too funny

[biggrin]

Please re-read my pots..you will note that I did not mention the product.

BTW I don’t feel threatend by it, why would I?? I’m not a lender and I don’t work for a bank.

To be honest: I actually think it is on of the most hilarious things I have ever seen….I can’t believe the number of punters that jump to the defence of this thing when it…[Read more]

How can you possibly talk about “Duty of Care” and then reccomend a product that is under investigation by ASIC….do you value your Finacial Advisor status in any way??…or does it more reflect the fact that being a “registered”Finacial Advsior really does not mean much??

Either way I can’t belive you have done this.

Rob..good points raised…and yes it “possible” to use the structure they have except that no real investor will ever put money into to fund the machine (ie into the area you did not see)….hence the problem and the product starts and stops there.

I agree …lets leave it there until there is a definative outcome.

Kind regards
Natalie

Rob didn’t I try to warn you a few months back about throwing your credability down the drain by attaching yourself so firmly to the group in question…even you must realise that a little bit of caution at that point would have been prudent !!

I’m the first to admit that I would love to take out an interest free loan but I know it just ain’t gunna happen

Rob…you know that the product does not work…why embarress yourself anymore?

People were genuinely happy to see you back …don’t make then change their minds after just 48 hours.

Robert ..please read the 2nd section of the link I have posted below and amend your post above to A) be correct and not be a direct attack at me.

http://www.financesearch.co.uk/muslim-mortgages.html

BTW Here’s a tip for you…A little bit of research can go a long way when starting from a position where you know nothing about…[Read more]

You are both right….low docs loans are an asset lend…if the lender gets it wrong then they just sell up the property and with the equity availiable they will be cool.

Journos typically get a press release from somebody and then add a couple of line at the the top and the tail of the story to make it thier own work…..unfortunaltey the lines…[Read more]

I have re-read my post and from what I can see I’m not saying that University professors need ASIC accrediation.

What I did say (which you seem to be avoiding or you just plain can’t understand) is that if these supposedly “worthless” (your view, not mine) licences are so easy to get, then why don’t these gurus get one, and then get back to work…[Read more]

My dislike for the person you mention does not stem from and is not limited to his misuse of this definition.

I don’t like any get-rich quick guru who thinks they can flaunt the law and spin rubbish to the public.

So by definition, I hate all get-rich quick gurus.

If he is so smart why does he not go through the correct licencing channels…[Read more]

Learnigtoinvest…can I suggest that you read all the threads on this topic…you will find that certain posters seem to be way too pro these courses for my liking and far too quick to dismiss the rulings and advice from ASIC in relation to these courses.

I have made my feelings known about this topic and I don’t want to go over old…[Read more]

“Caps lock” ….left hand side of your keyboard, middle row…switch it off

Ok Perry …given you seem so depserate to get my opinion (but in the next breath, you deride my views) here is my take on what, when and where for ASIC stepping in on forums like this.

If a forum or a person’s website oversteps the mark then ASIC has the right to step in.

If you don’t like that fact then either vote out our current govt and…[Read more]

I seem to remember that Arab bank were offering a muslim based product a few years back.

The hole you are digging for yourself is getting deeper and deeper, you started out partailly sane…..next you will be blaming me for shooting JFK.

I suggest you let it go and go back to whatever it is you do

Skippygirl

I will (not) believe it when I (don’t) see it.

History is on my side !

Keep in mind that the loan documents don’t really mean much if the underlying funding struture does not work.

Natalie

As Wayne L said…if you can’t get your head around delt, gamma etc …the stay the hell away from options…if you can’t understand these very basic principals, then you are a chicken about to walk into Kentucky Fried !!!