Here’s an update from a reader who actually went to one of those Get-Rich-Quick seminars with Stanley Danko, The Millionaire Next Door co-author:
Hey I just went to this in Portland, OR. It is worse than you think.
There are 4 speakers selling something.
1st – Buying stocks $3000 Kit. Had a list of best 25 from 2001 (Whoops) I wrote them down, only one made money. Free info on many sites.
2nd – Asset Protection $4000. Hey just fill out these forms in 15 min. send in and you can never be sued again. Yea right. Program. Set up Family Limited Partnership(FLP), Set up Living Trust. Put assets in Living Trust. Put Living Trust in FLP. Make Living General partner, Now put FLP into Living Trust. Buy on many internet sites only $29.95
3rd – Tax Liens make 16 – 36% per year safely. Kit $3000. Buy on the net
No autograph book. Just a cheap paperback at the end. Did you add up total cost? OUCH!!!!
They didn’t even deliver on their promise of an autographed copy of the Millionaire Next Door by Danko. Dude.
By Jonathan Ping | General | 10/18/05, 4:05pm