Financial Management Associates Ltd

myservices


Joined: 05/05/2008
Posts: 121

Message Posted:
29/03/2009 20:21

F M A



Securing High Returns from your TL Cash. Minimum investment 10,000 TL.



Has anyone invested with this company and does anyone have any feedback of any kind?

scoobydoo


Joined: 10/11/2008
Posts: 2434

Message Posted:
29/03/2009 21:15

No but would be really interested in hearing as they rang me last week to get an appointment to see if they could sell me anything.

myservices


Joined: 05/05/2008
Posts: 121

Message Posted:
30/03/2009 10:52

posting again - hoping for some feedback.

tonykyte


Joined: 19/04/2008
Posts: 270

Message Posted:
30/03/2009 11:09

I have recently invested through FMA in bonds guaranteed by European banks/organisations, plus some Turkish Goverment bonds. Like all investments even banks in todays economic climate you can never be sure, but I did a lot of research and these appear to be good investments "at present". A number are AAA or AA+ rated these ratings set by independent ratings company and triple A about as good as you get.

Interest rates are excellant you need to allow for currency fluctuations and charges, so you need to time the purchase of your TL so as to maximise return.

Who knows what currency rates will be over the next few years, but as we live here more interested in income and hopefully rates will go up or down and we can manage when we sell or buy more.

stellasstar1



Joined: 02/07/2008
Posts: 1519

Message Posted:
30/03/2009 11:43

Can you say what the interest rates are and for which currencies? It wasn't so long ago when FMA were saying never invest in TL, so what has changed?

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
30/03/2009 11:49

tonykyte. Could you let me know who the independant ratings company is.



Thanks

DutchCrusader



Joined: 19/05/2008
Posts: 11281

Message Posted:
30/03/2009 12:06

I'm not going to write a detailed reply - all *I* can say is that my experiences with FMA are 100% positive.

tonykyte


Joined: 19/04/2008
Posts: 270

Message Posted:
30/03/2009 15:40

I think he was right, but TL has lost value 20 - 30% against dollar and euro, if UK was not in such a mess it would have lost significantly against the pound !

catalkoykid


Joined: 15/02/2009
Posts: 1190

Message Posted:
30/03/2009 15:54

if UK was not in such a mess it would have lost significantly against the pound !









And if me aunt had balls, she would be my uncle.

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
30/03/2009 15:57

tonykyte. Could you let me know who the independant ratings company is.





Thanks

catalkoykid


Joined: 15/02/2009
Posts: 1190

Message Posted:
30/03/2009 16:06

I think many people invested a lot more than 10 grand with gary robb and came unstuck, do you think people would give you 10 grand ...the only person I would trust with 10 grand is myself..another con me thinks...and if all you financial whizzkids were so fekking clever how come the universe is such a bad way and the banks are falling apart...why dont you apply for the chancellor of the exchequers job..there will be a vacany very soon lol.

rowlo



Joined: 12/10/2008
Posts: 4796

Message Posted:
30/03/2009 19:33

or buy another property in trnc ???

ricky


Joined: 26/01/2009
Posts: 294

Message Posted:
30/03/2009 22:57

Impossible, this is Madoff Bros & Co

Harlequin


Joined: 02/10/2008
Posts: 346

Message Posted:
30/03/2009 22:59

You would need to be completely crackers to give someone else your money to invest in the current economic climate.

Blackpoolfan


Joined: 03/12/2008
Posts: 1568

Message Posted:
30/03/2009 23:54

The only thing i would invest in at present is a debt management company.......

tonykyte


Joined: 19/04/2008
Posts: 270

Message Posted:
31/03/2009 10:50

No 1 Doyen



Credit rating agencies are



Standard & Poor's

Moody's

tonykyte


Joined: 19/04/2008
Posts: 270

Message Posted:
31/03/2009 10:52

cataloykid



maybe, just maybe that's why they were not recommending TL at that time !!!!!

Newboy


Joined: 21/02/2008
Posts: 80

Message Posted:
31/03/2009 10:54

Keep your money under the mattress, cash rules.





Ray

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
31/03/2009 10:55

tonykyte. They are two of the most influential credit rating agencies.

myservices


Joined: 05/05/2008
Posts: 121

Message Posted:
01/04/2009 19:28

wow lots of feedback. Must invest in lots of mattresses then.