All Topics / Heads Up! / Jenman on wraps & Rick Otten

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  • Profile photo of bensonbenson
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    @benson
    Join Date: 2003
    Post Count: 101

    Jenman reminds us of his views on wraps and those who promote them.

    http://www.jenman.com.au/NewsNews1.php?id=196

    Profile photo of manofactionmanofaction
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    @manofaction
    Join Date: 2003
    Post Count: 80

    Benson,

    what conclusions did you draw from the article? [:)]

    Profile photo of bensonbenson
    Participant
    @benson
    Join Date: 2003
    Post Count: 101

    Manofaction,

    I think that Ottens claims are somewhat over the top, Wraps should only used by experienced ethical investors not mass marketed as a panacea to the general public who have little or no experience in property.

    I personally don’t favour wraps because I beleive there is insufficient protection to the prospective purchaser. If this was legislated for then my opinions may change.

    Benson.

Viewing 3 posts - 1 through 3 (of 3 total)

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