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Found my Old Charles Givens Binder.........
11-04-2008, 09:13 AM
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#1
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Aug 2006
Posts: 12,483
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Found my Old Charles Givens Binder.........
Anybody remember him? He had a whole MLM company going in the 80's. DW was a girlfriend at the time and dragged me to it. She bought the program materials even though I objected, it was $299. Once I read through the materials, I figured he was a scammer so I wrote a letter pointing out all his wrong info, and I got a full refund, but got to keep the binder.
The ongoing theme throughout the book:
"When interest rates are low, stocks will grow, when interest rates are high, stocks will die"...........
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Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)
This Thread is USELESS without pics.........:)
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11-04-2008, 09:21 AM
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#2
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Oct 2005
Location: North Oregon Coast
Posts: 16,483
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That may have been true before the Fed became insistent on using interest rates to appease Wall Street. I remember the old "Investors' Decision Line" he tied to the level of the prime rate on his old radio show circa 1989-90.
And to be fair, some of Givens' strategies were solid -- but nothing you had to pay him a lot of money to figure out. Stuff like "ditch whole life, buy term and invest the difference" here. Like I said -- nothing you need to pay hundreds of bucks for.
__________________
"Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)
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11-04-2008, 09:29 AM
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#3
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2006
Location: Collin County, TX
Posts: 9,293
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Nope, haven't heard of him. I have heard "what goes up, must come down."
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There's no need to complicate, our time is short..
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11-04-2008, 09:35 AM
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#4
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Aug 2006
Posts: 12,483
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Quote:
Originally Posted by bbbamI
Nope, haven't heard of him. I have heard "what goes up, must come down."
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It guess it depends on how much Cialis or Viagra is taken.
__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)
This Thread is USELESS without pics.........:)
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11-04-2008, 09:48 AM
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#5
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Recycles dryer sheets
Join Date: May 2007
Posts: 444
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yeah I remember buying his book "Wealth Without Risk" back in the late 80's. There was some good advice in the book, and some not so good advice.
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11-04-2008, 10:19 AM
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#6
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Aug 2006
Posts: 12,483
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Quote:
Originally Posted by novaman
yeah I remember buying his book "Wealth Without Risk" back in the late 80's. There was some good advice in the book, and some not so good advice.
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I think he was a good marketer that took ideas from a number of sources and put it in one book, way before the Internet.......
__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)
This Thread is USELESS without pics.........:)
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11-04-2008, 12:30 PM
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#7
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Thinks s/he gets paid by the post
Join Date: Jan 2006
Posts: 1,645
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I have that book on my bookshelf right next to the Idiots guide to being a cheapskate.
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11-04-2008, 12:52 PM
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#8
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Thinks s/he gets paid by the post
Join Date: Jul 2004
Posts: 1,556
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Yup - I remember his book "Wealth Without Risk." Read it and kept it until this last move and then tossed it - his mantra of ditch whole life and buy term was what I remembered the most. I think it was his best advice.
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Deserat aka Bridget
“We sleep soundly in our beds because rough men stand ready in the night to visit violence on those who would do us harm.”
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11-04-2008, 03:01 PM
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#9
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2006
Posts: 12,880
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I remember reading that book. It was a bad influence. The two things I remember it saying were:
Don't diversify because when one side of the teeter totter goes up, the other goes down.
When interest rates are going down, put your money in the stock market.
__________________
Al
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11-04-2008, 07:06 PM
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#10
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Aug 2004
Location: Laurel, MD
Posts: 8,304
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I remember him very well from the radio program. I learned alot but don't think I would have signed up for anything. I did ask for and receieved "Wealth Without Risk" for xmas.....it had a lot trivial items like using higher auto insurance deductible and not so trivial items like buying a 2yr old car instead of new. I was pretty surprised that he ended up being a crook. He had a very interesting bio (wrote a hit song as I recall), but I think he just lost control.
That binder might be a fun item on Ebay!
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11-04-2008, 07:29 PM
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#11
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Thinks s/he gets paid by the post
Join Date: Feb 2004
Posts: 2,670
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I remember watching him on one of his TV infomercials when I was a teenager. I never bought any of his materials, but he did get me to think more about investing.
I think the guy got sued left and right and eventually died relatively young.
__________________
No man is free who is not master of himself. --- Epictetus
Enjoy Yourself (It's Later Than You Think). --- Guy Lombardo
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11-05-2008, 02:18 AM
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#12
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Feb 2007
Posts: 5,072
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Yup. I remember him. Wasn't he also pushing real estate?? No money down.
There is a fairly steady stream of new characters that show up every year or two to teach people how to get rich run the same or similar scam
Quote:
P.T. Barnum - "There's a Sucker Born Every Minute"
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Well... there is also a steady stream of customers too.
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