Wealth Academy by Adam Khoo

[klarklar]

the objective of adam khoo and all these seminars is not to make u rich through investing in stock market and all that, those who read knows. their only purpose in teaching u is to make their bank account rich through pple attending their seminars. surround their cock and bull story with irrelevant examples and feel good words, with nothing to show for.

and one very good rationale is, if they really know how to play the market, why should they spend their time on you?

those who really know, the george soros and the warren buffett, do u see them take every weekend trying to educate the investors?


who knows, maybe that is the only thing they knew.

there are many pple in forums like here, and in blog posts that willingly give advice for free, there is not a need to pay money to attend these seminars.

Good reply! The worst kind of talk are the motivational talks that say "Yes, you can do it. If you believe you can do it, you can. Have confidence ... blar blar" This sort of talk can lead to self-deception. Truth is ... not everyone can be successful investing or trading full-time. If this is possible, who is going to do the real work? Only the lucky minority has got what it takes.

 

[Hyruga]

His academy is probably good and he (adam khoo) and his trainers are usually willing to share the knowledge.

However, its better to just spend money on books than spend hundreds/thousands of dollars to attend his lectures/seminar.

 

[karyhuang]

the funny thing is people here who said negatively about the expensive course didn't attend his course to come here and report the facts.
I have not attended Adam's course but I have attended similiar expensive course on investment, probably Adam Khoo's competitor, and so far I have earned back my course fee and on the road to more knowledgeable and profitable investment journey. I have yet to hear one who has executed good investment track records just by reading books. at some point you've got to get mentors, teachers to go through it with you in practice. it's the same with personal development courses - there are so many books on meditation, self help, why go to a workshop to experience breakthrough?

I am one who have attended such courses throughout my life, and have gained so much. I just came back from wealth expo 2013 and took notes on the openly shared data on the slides. I woke up early this morning, to do more research on the companies Adam shared on his slides and plan my next action.

Investment , trading , etc isn't easy, Adam didn't say that. in fact he said, if "you work hard". people who have the results can say the facts, people who don't can keep going around at the same spot and complain.

 

[alexchia01]

A course is just a course. Don't expect instant success just because attending a course.

How valuable is the course depends on individual. A total newbie will think the course is valuable, an experience trader may find it's not.

I personally has attend a number of expensive courses, some I find are a bit over priced, but I don't blame the course for my failure. As long as they are not teaching the wrong thing.

But we ourselves also have our own perception that distorted our views. When I first started, I thought fundamental is not important and disregard fundamental. I even mock traders who uses fundamental. After years of trading, I find that fundamental is equally important as technical. There is no which is more important, just where and when.

The most important thing is to find your trading style as quickly as possible, and if attending a course helps, by all means attend. If you feel that you can get there without the need to attend a course, then don't.

Don't blame a course just because someone who attended it could not get success. It does not work like that.

I've not attended Adam Khoo's course, so my comment is not about his course per say, but all courses in general.

 

[steventay]

A course is up front lost money first...

course are just .....

same as like all the trading course or investment course

 

[fareast85]

wow.. din expect this thread to come back alive...
ts here and i end up not signing up for adam khoo course.. after weighing the pros and cons, i signed up for another one instead based on my own needs. well.. i might end up signing for adam khoo course 1 day as i see it might be able to serve a different purpose...

personally, i feel signing up for such course is a good thing. it is a 'short cut' to gaining all the investment knowledge you need. there are so many books and information online out there. and different people have different ideas and concept. it is very tough to filter out the knowledge for your very own needs. for example, the concepts in the books might sound so easy, but how to apply them is a totally different thing. worse still, you might misunderstand the message. another example is, you might ask for advice on the forum, and two different experts give you two totally different views and both are equally convincing. who should you trust?

i have read several books (including Adam Khoo's) these couple of months and i gained lots of knowledge. i applied them accordingly. at times, i am stuck because i dunno how to handle certain information (such as financial information; maybe a negative eps despite several years of consistent eps). books give you lots of knowledge but not ALL the knowledge you required.

in this forum, i see lots of different conflicting advices given and i just take all of them with a pinch of salt, but these information are also good learning opportunities and allow me to somehow form my own view...

with this in mind, i felt that it is really important to have a mentor to guide you along the way. in addition, joining such courses will bring together a group of like-minded people with the same knowledge gained from the same mentor and this will allow an efficient group sharing opportunities ..

another factor to consider is also the type of fees you want to pay..
do it the wrong way, you will pay the 'fees' when you lose your money or opportunities.
alternatively, you can choose to pay the fees to go through such courses and avoid making huge losses

end of the day, regardless if you sign up for courses or reading book to gain knowledge, you will still need to work hard to achieve what you want.

 

[peterchan75]

This is a fact. At best, 80% are feeding the 20% i.e. out 10 people, only 2 are making money. Next, do you know yourself ? Here is why.

Jack Schwagers Most Important Trading Lessons - YouTube

 

[Godmode]

All I can say, lol Adam Khoo lol

It's funny how many people fall for this over and over again. No wonder they are so many snake oil salesman type gurus in the market.

 

[Some-one]

the funny thing is people here who said negatively about the expensive course didn't attend his course to come here and report the facts.
I have not attended Adam's course but I have attended similiar expensive course on investment, probably Adam Khoo's competitor, and so far I have earned back my course fee and on the road to more knowledgeable and profitable investment journey. I have yet to hear one who has executed good investment track records just by reading books. at some point you've got to get mentors, teachers to go through it with you in practice. it's the same with personal development courses - there are so many books on meditation, self help, why go to a workshop to experience breakthrough?

I am one who have attended such courses throughout my life, and have gained so much. I just came back from wealth expo 2013 and took notes on the openly shared data on the slides. I woke up early this morning, to do more research on the companies Adam shared on his slides and plan my next action.

Investment , trading , etc isn't easy, Adam didn't say that. in fact he said, if "you work hard". people who have the results can say the facts, people who don't can keep going around at the same spot and complain.

I'm so sorry but there are a lot of people who earns through investments without paying back the course fee. If you know who is dividend warrior, he is one example though I thought he is pretty proud. Sgyounginvestor from vb is also another example. I am also another example just by reading books. Would you be interested to know that I have beat the STI for this year? I have even got a chart to prove my case.

There are more. The fact is whatever he taught can be read from books in the library. You are just plain lazy if you do not want to read. Well, guess you can only blame yourself for that and justify for the course fee that are a few thousands dollar. You would not get rich but you are helping Adam khoo to get rich.

 

[Some-one]

wow.. din expect this thread to come back alive...
ts here and i end up not signing up for adam khoo course.. after weighing the pros and cons, i signed up for another one instead based on my own needs. well.. i might end up signing for adam khoo course 1 day as i see it might be able to serve a different purpose...

personally, i feel signing up for such course is a good thing. it is a 'short cut' to gaining all the investment knowledge you need. there are so many books and information online out there. and different people have different ideas and concept. it is very tough to filter out the knowledge for your very own needs. for example, the concepts in the books might sound so easy, but how to apply them is a totally different thing. worse still, you might misunderstand the message. another example is, you might ask for advice on the forum, and two different experts give you two totally different views and both are equally convincing. who should you trust?

i have read several books (including Adam Khoo's) these couple of months and i gained lots of knowledge. i applied them accordingly. at times, i am stuck because i dunno how to handle certain information (such as financial information; maybe a negative eps despite several years of consistent eps). books give you lots of knowledge but not ALL the knowledge you required.

in this forum, i see lots of different conflicting advices given and i just take all of them with a pinch of salt, but these information are also good learning opportunities and allow me to somehow form my own view...

with this in mind, i felt that it is really important to have a mentor to guide you along the way. in addition, joining such courses will bring together a group of like-minded people with the same knowledge gained from the same mentor and this will allow an efficient group sharing opportunities ..

another factor to consider is also the type of fees you want to pay..
do it the wrong way, you will pay the 'fees' when you lose your money or opportunities.
alternatively, you can choose to pay the fees to go through such courses and avoid making huge losses

end of the day, regardless if you sign up for courses or reading book to gain knowledge, you will still need to work hard to achieve what you want.

You are saying the wrong thing as well because after you have attended any of such expensive courses, you would also have the same questions in mind if there are two experts saying two different things in a forum. Remember they do not know as well as you also. Ultimately, you make your own call and these expensive courses won't help you make the right call.

Also, these courses won't provide you with all the information. If all the information are provided, how are they going to earn?

Come to think about it, I am actually quite envious of Adam to think about such businesses to make his own pockets rich. He is not an investor or trader. He is a businessman.

 

[fareast85]

You are saying the wrong thing as well because after you have attended any of such expensive courses, you would also have the same questions in mind if there are two experts saying two different things in a forum. Remember they do not know as well as you also. Ultimately, you make your own call and these expensive courses won't help you make the right call.

Also, these courses won't provide you with all the information. If all the information are provided, how are they going to earn?

Come to think about it, I am actually quite envious of Adam to think about such businesses to make his own pockets rich. He is not an investor or trader. He is a businessman.

well.. end of the day.. attending these courses or not... it all boils down to an individual... if the person is just plain lazy, joining any courses will not help at all..

 

[alexchia01]

Look at it this way.

A successful businessman not necessary has a degree in Business and Marketing.

A graduate with a degree in Business and Marketing, not necessary will become a successful businessman.

But having a degree in Business and Marketing does helps one better equips to be a successful businessman.

A degree from Singapore University is more credible than a degree from India. The most important thing is not whether you have a degree or not, but where your degree comes from.

A successful trader not necessary has to take a trading course to succeed.

A person taken a trading course, not necessary will become a successful trader.

But having taken a course does helps one better equips to be a successful trader.

A course from a real trader is more credible than a course from a trainer. The most important this is not whether you taken a course or not, but from whom you learn from.

 

[Dividends Warrior]

Four scenarios:

1. Some students did well for PSLE without tuition.

2. Some students did well for PSLE with tuition.

3. Some students did poorly for PSLE with tuition.

4. Some students did poorly for PSLE without tuition.


Everybody wants to be the students in the first scenario. Unfortunately, not all students have the same levels of intelligence, determination and diligence. Students in the first scenario, they are independent learners, they are able to think critically and independently.

Students in scenario 2 are getting their parents' money worth. At least they did well to warrant spending on the tuition fees. So guys, if you are prepared to spend money on courses, you better make sure you belong to scenario 2.

Scenario 3 is the worst. I have seen my relatives' children did poorly in their PSLE, even after spending thousands of dollars on tuition at P4, P5 and P6. You may be thinking, "hey, maybe the tutor is not very good." And this brings me to my next point......

Even if I want to learn from someone, it will not be Adam Khoo. I mean......seriously? Adam Khoo?

Secondly, for me, I have never had any private tuition throughout my education life. I always try my best to learn independently because my Dad could not afford a tutor. The same goes for my brother too. So, I guess, naturally I dun really believe in attending such financial seminars or courses.

Dun get me wrong, I am not saying all courses are bad. If Warren Buffet comes to Singapore to give a seminar, I will be the first person queueing up to buy the ticket.

Anyway, like I said, if you want to attend courses, make sure you become the student in scenario 2.

Both the tuition and financial courses/seminars are multi-million industries. Think about it.

 

[peterchan75]

@TS,
After so many comments, I hope you can make up your mind. One thing for sure, one course will not make you a pro. You need to be a pro to make money in the stock market in the long run. One needs to know the market very very very well. It won't work by asking fellow forumers this so-and-so counter ke yi mah. Once you have master this art, you will know it. Just like driving, your leg will slam on the brake without even thinking about it. Trading is like driving, if ones don't pay attention, serious accident may happen.

It's a long arduous journey. I personally never attend such course. IF you have the budget, why not ?

 

[Lasogette]

I guess every course will depend on the person attending it and the level of commitment or passion he/she has. Why not take a look at free sources such as babypips.com for the basics and then further on move on to more advanced techniques like price action etc. Just my 2 cents.

 

[alexchia01]

You guys must know that Adam Khoo's business is Training, NOT Trading.

I attended his preview on trading before, conducted by another trainer.

The preview is focusing more on theory than actual trading; plus it aims to glorify the trainer who is teaching.

I always wary when presenter glorify themselves. Why need to associate themselves with some famous who and who. So what if you are friends to famous people. I'm not interested. Just show me the result.

There are trades being done during the preview, it 1 trade and it was being stop out. The present didn't even tell us if it's a winning or losing trade. I guess it's a losing trade because if it's a winner, he would have brag about it.

There is also no past records presented during the preview, so there is no way to verify his performance.

I'm not saying his trading course is not good, just that it's maybe more for a newbie, giving them the basics and some interesting theories.

 

[archcherub]

J.Ko » Heaven and Earth – Polar Opposite of Two Financial Talks


wow this review is pretty honest.

 

[mmlfreedom]

to me attending course is a shortcut to learning process.

is still depend whether the person got apply the knowledge n skills learn in the course.

I have friends attended course but never apply what they have learned in the course. back to square one. waste of time and money.

 

[sAVaGEmP5]

to me attending course is a shortcut to learning process.

is still depend whether the person got apply the knowledge n skills learn in the course.

I have friends attended course but never apply what they have learned in the course. back to square one. waste of time and money.

I agree with this, which is what i said earlier.

1) Ppl who self learn and made money

2) Ppl who self learn and are still losing money

3) Ppl who attended the course (they are rich, who cares ?) and learn a lot of things

4) Ppl who attended the course (poor chap), not hunger more info, wants to be spoon fed, started dreaming about owning multiple cars and condos, and expect to make alot of money after this course.

Comon we just agree to these 4 types of investors out there shall we ?

I see 2 schs of thoughts here.

1. Cheapo and smarties prefers self reading to save money.

2. Another being the "Adam-Khoo-course-must-make-money" mentality.

So i wanna question the group that self studied, who eventually still havent made money yet. Do u blame the books ? Also same qns, why is this group blaming the Edu Course ?

I mean, then why bother to go Universities to pick a bachelor course when u can just buy the same textbook used in the academics and self study.

Seriously ?

 

[Some-one]

I agree with this, which is what i said earlier.

1) Ppl who self learn and made money

2) Ppl who self learn and are still losing money

3) Ppl who attended the course (they are rich, who cares ?) and learn a lot of things

4) Ppl who attended the course (poor chap), not hunger more info, wants to be spoon fed, started dreaming about owning multiple cars and condos, and expect to make alot of money after this course.

Comon we just agree to these 4 types of investors out there shall we ?

I see 2 schs of thoughts here.

1. Cheapo and smarties prefers self reading to save money.

2. Another being the "Adam-Khoo-course-must-make-money" mentality.

So i wanna question the group that self studied, who eventually still havent made money yet. Do u blame the books ? Also same qns, why is this group blaming the Edu Course ?

I mean, then why bother to go Universities to pick a bachelor course when u can just buy the same textbook used in the academics and self study.

Seriously ?

I think it has to be very clear that there are no blaming game here. It is whether such courses are useful or not and what are the alternatives that can be considered.

So i wanna question the group that self studied, who eventually still havent made money yet. Do u blame the books ? Also same qns, why is this group blaming the Edu Course ?

ok. This question is irrelevant since I self-read and is making money. Let's just assume that another person who read but still haven't made money. He can blame the book or don't blame the book but he is at least $2K or $3K richer than another who attend course but still haven't made money. Let me just state that the books are borrowed from the NLB.

I mean, then why bother to go Universities to pick a bachelor course when u can just buy the same textbook used in the academics and self study.

The difference between Adam Khoo's course and a bachelor course lies in the degree cert itself and the length of the course. A few years vs a few days. A degree cert vs a useless cert (or maybe even no cert). You can argue that it is possible for one to become rich or find a job without cert but still it can never be denied that a degree cert (or whatever educational cert) provides a stepping stone or even a helping hand to the working world.