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December 12, 2005
Alan Kohler's arithmetic
Bleeding Edge signed up for a free trial of Alan Kohler's Eureka Report on investments, just in case we ever had enough money to invest. Since it expired, we've had the follow up email, which declares: "As your free trial of Eureka Report has now ended, to read the articles summarised below, you'll have to subscribe. The good news is Eureka Report - Australia's most comprehensive online media for independent investors - is not only inexpensive, it's also tax deductible.
"We're happy to extend our foundation member 15% discount to you if you act now. That means you'll pay only $ 24.00 a month, or $ 240.00 for a full year, instead of $240. Just click on the link below to subscribe."
Can someone explain the arithmetic? $24 a month, or $240 for a full year? That adds up to $288 doesn't it? OK, they probably mean that you get two months free. It doesn't say that, though. And how does paying $240 for a full year work out to be cheaper than $240? Somehow that sort of arithmetic undermines one's confidence in a financial newsletter.
Posted by cw at December 12, 2005 09:54 PM
Comments
You need a bit of creative accounting for that one!
Who said accountants don't have talent (I m one as well).
Posted by: Sumit G at December 13, 2005 08:38 PM