HSFX Asset Management Group?

[DJB]

Hello out there,

I would like to save up a lot of my savings from the last year, and I have been thinking a lot about what would be the best way to do it in these days (I have 20000 dollars to invest), with the financial crisis going on.

Somebody told me about the HSFX Asset Management Group.

http://www.hsfxasset.com/

Does anybody have any experience, advice or dis-advice regarding this investing company?

Their concept looks very lucrative to me, with their promising profits and loss - and management policy of your money.

[Brian Turner]

Huh? It's a forex management company - and forex is one of the highest risk investment strategies you could go for. If I recall correctly, it's so high risk that HMRC does charge capital gains tax as with normal investment vehicles, but instead treats it as gambling for tax purposes.

Here's a piece of advice - never get drawn into promises of gains, and if you are going to invest in anything:

1. Ensure your money is readibly available without penalty if you need it back in the short-term

2. Have a coherent investment strategy that seeks to diversify against risk

Forex? I wouldn't even touch that at present, even though I have investment experience - it's way above my risk profile.