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Indextra Graduates |
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Indextra Graduates represent a broad cross section
of society. Occupations include – Accountants (own Practice, management, retired, and chartered), administration clerks, builders (industrial & residential housing), business managers, caterer, courier, doctor & dentists, farmers, finance manager, flight engineer, florist, gardeners, home duties, IT workers, metallurgist, minister of religion, mortgage brokers, nurses, occupational therapist, pharmacist, potter, process workers, project manager, professor, public servants, puppet maker, restaurateurs, retirees, sales clerk, sales manager (kitchens, real estate, truck sales), secretary, personal assistants, security worker, self employed truck driver, share traders, software programmers, teachers and work care recipients are some of the varied occupations that have become traders. 15% were self-employed. |
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| Why Did They Embrace Indextra? | |||||||||
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Graduates gave their primary reason as: • To build up capital – 3% • Debt reduction – 7% • Establish an alternative income source – 26% • Increase investment portfolio returns – 5% • Increase Self Managed Super Fund returns – 16% • Liked the concept of small low risk returns with constant repetitions – 21% • Pay school fees - 3% • Set up retirement income – 19% |
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| Are They Happy With Indextra? | |||||||||
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The following are extracts from radio interviews
with Jim on Radio 3MP (full transcripts are available from the
Institute upon request). • Keith (Wheelers Hill), “Initially we paper traded for 5 months. In our first year we had 9 trades, all successful. So, in 7 months on a $20,000 trading capital we’ve had 55% in profits. Over this financial year (08-09) we've earned just over $80,000. I started with a target income of $400 per week and averaged $1,570 per week. I have drawn $50,000 to update the house, take a holiday and pay tax. I will revert back to trading capital of $50,000 for the coming financial year and target $600 per week. So Indextra has certainly come up to our expectations and much more”. • Helen (Box Hill), “It’s been terrific. I had no previous experience at all and I found training very informative, very simple because not having had any experience, you learn as you go and I have found it very easy. You practice for a few months before you trade with any money. I would recommend it to anyone. This year we started trading for real. With Indextra® you know up front what you are going to be earning. Between February and April with a month’s holiday in the middle, that’s about 50 days of trading, we did 3 trades. The first one gave us $820; the second $285; the third $479 with a working capital of $20,000. That gave us an average of 7.9% simple interest in 50 days which is equivalent to an annualised return of 57%. • Barry (Balnarring), “We work on low-medium
risk which is a little higher than you. We’ve been averaging excellent returns.
We’ve made between 3% and 10% on most trades over 16 months with no losses. The
highlight for me was in the first 6 months we made a profit of 58.75%”. |
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