Britain' most popular financial magazine says stay away from Whitney "Stay away when this circus comes to town" Moneywise bills itself as "Britain' most popular financial magazine." Their investigative reporter Tony Hetherington wrote an article about Whitney' real estate seminars, which have been offered in Britain in recent years. The headline in the June 2003 issue was, "Stay away when this circus comes to town." You can read the whole article at https://www.moneywise.co.uk/investigationjune.htm "A load of old tosh" Hetherington quotes one Brit as calling a "load of old tosh." I"m not sure what that is, but it doesn"t sound complimentary. Hetherington also emphasized the message of Whitney' people to borrow, borrow, borrow"”which he apparently disagreed with. I do, too. Leverage (borrowed money) is an important advantage of real estate, but it is also dangerous and must be used with care. Also, Whitney' people seem more interested in getting you to borrow to pay them for seminars than to invest in real estate. BBB and Tennessee Hetherington mentioned Whitney' unsatisfactory Better Business Bureau rating and his trouble with the Tennessee attorney general. He did not mention me, which is fine, but the BBB and TN mentions sound like Hetherington benefitted from researching at my Web site. I was wondering how Britain was receiving Whitney. I would have thought they would be less inclined to fall for the Whitney pitch than Americans. Sounds like they are about the same as Americans: many gullible people and a few skeptical. I have not yet heard how Whitney' real estate stuff is received in Canada. John T. Reed John T. Reed on real-estate-investment information Copyright 2004 by John T. Reed, a.k.a. John Reed, Jack Reed, 342 Bryan Drive, Alamo, CA 94507, Voice: 925-820-7262, Fax: 925-820-1259, www.johntreed.com
Russ Whitney - scam alert!!
Britain' most popular financial magazine says stay away
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