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Jul 3, 2009 12:36 am

I have used these people for a year and have YET to get any leads that led to any business. Whats worse is they just raised the cost of each lead to $100. Supposedly the leads are vetted by GHQ but most don;t have enuf (in many cases ANY investible assets other than their mow worthless houses). I’m wondering if I should just drop them entirely?

Jul 3, 2009 1:12 am

I think that you should keep paying for useless leads. 

Jul 3, 2009 1:51 am

Especially now that they cost more. Those old cheap leads were worthless, but these new, more expensive leads will surely be just the trick.

Jul 3, 2009 2:49 am

They are a scam company.  They try to put on a legit facade, but a friend of mine used them for years.  Spent upwards of three grand and got zilch out of it.

  He felt that some of the leads he received were phony - ie.  made up by Wiser Advisor.    
Jul 3, 2009 5:33 am

You mean your quant analysis of mid-cap companies with alpha > 1.1 didn't resonate with investors?  I'm shocked!  Yes, you should pay more for these leads.  Obviously its the issuing company's fault, no way it could be yours.

Jul 3, 2009 11:57 am

[quote=MinimumVariance]I have used these people for a year and have YET to get any leads that led to any business. Whats worse is they just raised the cost of each lead to $100. Supposedly the leads are vetted by GHQ but most don;t have enuf (in many cases ANY investible assets other than their mow worthless houses). I’m wondering if I should just drop them entirely?[/quote]

I love it when chumps are separated from their money.