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Bridgepoint Financials —legit?

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  • Avatar MVrays08 
    Participant
    Status: Physician
    Posts: 19
    Joined: 02/13/2019

    Is anyone familiar with this company? It sounds a bit too good to be true. But I’m a natural skeptic
    http://bridgepointfinancials.com/

    Reportedly receiving 10 +percent returns with a guarantee of no loss of principal. trying to see if I’m being scammed here.

    #221623 Reply
    fatlittlepig fatlittlepig 
    Participant
    Status: Physician
    Posts: 1200
    Joined: 01/26/2017

    Is anyone familiar with this company? It sounds a bit too good to be true. But I’m a natural skeptic
    http://bridgepointfinancials.com/

    Reportedly receiving 10 +percent returns with a guarantee of no loss of principal. trying to see if I’m being scammed here.

    Click to expand…

    double LOL. Give it a go and let us know…

    #221625 Reply
    Scott at MD Financial Services Scott at MD Financial Services 
    Participant
    Status: Website Sponsor, Insurance Agent, Small Business Owner
    Posts: 444
    Joined: 01/14/2016

    Is anyone familiar with this company? It sounds a bit too good to be true. But I’m a natural skeptic
    http://bridgepointfinancials.com/

    Reportedly receiving 10 +percent returns with a guarantee of no loss of principal. trying to see if I’m being scammed here.

    Click to expand…

    Here is their Risk and Reward statement…..

    Risk & Rewards

    RISK WARNING: Forex, online investments and Contracts for Difference (‘CFDs’) are complex financial products, the trading of which involves significant risks. Online Investments trading may result in the loss of your investment whilst CFDs trading, which are marginal products, may result in the loss of your entire deposits. Remember that leverage in CFDs can work both to your advantage and disadvantage. Traders of Online Investments and CFDs do not own, or have any rights to, the underlying assets. Trading Online Investments and/or CFDs is not appropriate for all investors. Past performance does not constitute a reliable indicator of future results. Future forecasts do not constitute a reliable indicator of future performance. Before deciding to trade, you should carefully consider your investment objectives, level of experience and risk tolerance. You should not deposit more than you are prepared to lose. Please ensure you fully understand the risk associated with the product envisaged. and seek independent advice, if necessary. Sigma Pro Assets does not issue advice, recommendations or opinions in relation to acquiring, holding or disposing of any financial product. Sigma Pro Assets is not a financial adviser and all services are provided on an execution only basis.

    S. Scott Nelson-Archer, CLU, ChFC with M. D. Financial Services, Inc.
    Direct Phone 713-966-3932, Email [email protected]

    #221629 Reply
    Avatar Peds 
    Moderator
    Status: Physician
    Posts: 4452
    Joined: 01/08/2016
    Earnest refinancing bonus

    Definite risk of loss of principal.

    #221633 Reply
    Zaphod Zaphod 
    Participant
    Status: Physician, Small Business Owner
    Posts: 6193
    Joined: 01/12/2016

    Its hard to tell what they even do, but appears sketchy pitch at best. Saw some forex, etc…very risky.

    #221636 Reply
    Liked by Peds
    Avatar jacoavlu 
    Moderator
    Status: Physician, Small Business Owner
    Posts: 2382
    Joined: 03/01/2018

    Why bother?

    The Finance Buff's solo 401k contribution spreadsheet: https://goo.gl/6cZKVA

    #221721 Reply
    Liked by Peds
    CordMcNally CordMcNally 
    Participant
    Status: Physician
    Posts: 2859
    Joined: 01/03/2017

    Complex investments,  high estimated return on investments, website that says a whole lot without really saying a whole lot, etc. If you’re into being on the wrong side of ponzi schemes, this may be for you!

    “But investing isn’t about beating others at their game. It’s about controlling yourself at your own game.”
    ― Benjamin Graham, The Intelligent Investor

    #221747 Reply

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