Based on checking the website, Neoscdg.org appears to be an online platform offering financial education, mentorship, and legacy development services, primarily focused on stock and options trading. While the platform emphasizes education and community, it’s crucial to approach any investment-related venture, especially those involving the volatile stock market, with caution. The site positions itself as a vehicle for creating generational wealth through financial literacy, but the underlying mechanisms involve engaging with conventional financial markets, which inherently contain elements of speculation and interest-based transactions riba that are not aligned with ethical financial principles. Therefore, while the intention of financial empowerment might seem positive, the methods offered through stock and options trading necessitate careful consideration and a search for truly ethical and permissible alternatives for wealth building.
Navigating the world of online financial education can be a minefield, and Neoscdg.org aims to stand out by combining trading education with a broader concept of “legacy development.” They promise to equip individuals with knowledge for the stock and options markets, coupled with mentorship and a focus on family purpose.
However, for those seeking to build wealth in a manner that aligns with ethical guidelines, the core offerings around stock and options trading present significant challenges.
These markets often involve interest, speculation, and mechanisms that can lead to undue risk, all of which are discouraged.
It’s paramount to understand that genuine financial success, particularly in the long term, stems from honest effort, ethical enterprise, and sustainable practices, rather than engaging in potentially problematic financial instruments.
|
0.0 out of 5 stars (based on 0 reviews)
There are no reviews yet. Be the first one to write one. |
Amazon.com:
Check Amazon for Neoscdg.org Reviews Latest Discussions & Reviews: |
Find detailed reviews on Trustpilot, Reddit, and BBB.org, for software products you can also check Producthunt.
IMPORTANT: We have not personally tested this company’s services. This review is based solely on information provided by the company on their website. For independent, verified user experiences, please refer to trusted sources such as Trustpilot, Reddit, and BBB.org.
Neoscdg.org: An Initial Look at the Platform’s Offerings
Neoscdg.org presents itself as a comprehensive platform designed to empower individuals and families through financial education and mentorship.
Based on their homepage, their primary focus revolves around teaching stock and options trading.
They highlight “core trading courses,” “advanced strategies,” and various forms of mentorship, including 1-on-1 and group sessions.
The emphasis on “generational wealth” and “legacy development” suggests a long-term vision beyond just short-term gains.
However, it’s vital to dissect these offerings, especially given the inherent complexities and potential pitfalls of conventional financial markets. Taoprompt.com Reviews
Understanding the Focus on Stock and Options Trading
The core of Neoscdg.org’s educational content centers on the stock and options markets.
These are complex financial instruments that involve buying and selling shares of companies stocks or contracts that give the holder the right, but not the obligation, to buy or sell an asset at a predetermined price options.
- Stocks: Represent ownership in a company. Investing in stocks means participating in the company’s growth, and profits can come from dividends or capital appreciation.
- Options: These are derivatives, meaning their value is derived from an underlying asset like a stock. They are often used for speculation or hedging.
The website explicitly states disclaimers about the substantial risk involved in trading securities markets, emphasizing that past performance is not indicative of future results.
This transparency, while legally required, underscores the volatile nature of these activities.
Engaging in such markets requires a deep understanding of their mechanisms, which often include interest-based transactions, speculative elements, and a lack of direct ownership in productive assets. Cvsha.com Reviews
The Concept of “Legacy Development”
Neoscdg.org extends its offering beyond mere trading instruction to “Legacy Development.” This aspect of their service aims to help individuals discover their family’s purpose, develop culture and creed, and plan for their family’s future.
While the idea of building a lasting legacy is commendable, linking it inextricably to conventional stock and options trading raises questions.
- Family Purpose: The website suggests they guide users through a step-by-step process to define their family’s “why.”
- Culture and Creed: They aim to help preserve this purpose through developed family culture and principles.
- Future Planning: This involves securing the family’s financial future, presumably through the trading strategies taught.
The concern here is that true legacy and financial stability are built on principles of sound, ethical investments, real asset ownership, and a focus on community and productive contributions, rather than speculative financial ventures.
Neoscdg.org’s Approach to Financial Education
Neoscdg.org offers various educational packages designed to cater to different levels of trading experience, from absolute beginners to experienced traders.
They emphasize a structured learning path with core courses and advanced strategies. Zenclutter.com Reviews
The goal is to provide a “well-rounded experience” in the stock and options markets.
Core Trading Courses
The platform highlights “4 core flagship courses” that are intended to prepare individuals for the stock and options markets.
These courses likely cover fundamental concepts, technical analysis, risk management, and trading psychology.
- ZERO TO TRADING: Described as their flagship introductory course, this is aimed at novices. It includes 20 lessons, approximately 17 hours of content, and offers retakes.
- Other Core Courses: While not explicitly detailed, these would presumably build upon the foundational knowledge, covering more advanced aspects of market analysis and trading strategies.
The testimonials on the website suggest that students have found these courses valuable, with some claiming to have recouped their course fees through day trading.
However, these are anecdotal, and the disclaimers about simulated results and market volatility are crucial to remember. Findasetter.com Reviews
Advanced Strategies
For those already comfortable with the core education or experienced traders, Neoscdg.org offers “advanced strategies.” These are designed to help users “develop a more specialized skill set.”
- Specialized Skills: This could include complex options strategies, algorithmic trading, or in-depth market analysis techniques.
While these advanced strategies might appeal to those seeking to refine their trading approach, the increased complexity often translates to increased risk, especially when dealing with financial instruments that do not align with principles of ethical and permissible transactions.
Neoscdg.org: The Mentorship and Community Aspects
Beyond structured courses, Neoscdg.org places significant emphasis on mentorship and community, aiming to provide ongoing support and a sense of belonging for its students.
This aspect can be beneficial in any learning journey, offering guidance and motivation.
Tiered Support Program
Neoscdg.org advertises a “3-tier support program that grows WITH you as you learn.” This suggests a progressive support system, likely offering different levels of access to instructors or resources as students advance through their learning. Sitelifter.com Reviews
- Initial Support: Perhaps access to basic FAQs, community forums, or introductory webinars.
- Intermediate Support: Possibly Q&A sessions with instructors or moderated group discussions.
- Advanced Support: Could include direct access to mentors or specialized workshops.
The idea of continuous support is a positive, as learning to navigate complex financial markets is a marathon, not a sprint, and requires consistent guidance.
1-on-1 Mentorship
For individuals “serious about making lasting changes,” Neoscdg.org offers 1-on-1 mentorship with co-founder Mark Wilburn.
This personalized guidance aims to help with mindset shifts and personal growth, not just financial knowledge.
- Personalized Guidance: Tailored advice and strategies based on individual needs and goals.
- Mindset Stabilization: Addressing the psychological aspects of trading and wealth building, which can be crucial for success.
While personalized mentorship can be invaluable for skill development, it’s essential that the advice provided steers clear of financial practices that are not permissible, focusing instead on sustainable, ethical wealth creation.
Free Community Meetings
Community engagement is a key feature, with Neoscdg.org hosting monthly “Family Meetings” that are free for everyone. Oomfmap.com Reviews
These meetings are designed for “encouragement and friendship.”
- Networking: Opportunities to connect with other students and share experiences.
- Motivation: A supportive environment to maintain motivation and address challenges.
Building a community around financial literacy can be empowering, fostering an environment where individuals can learn from each other and collectively work towards their goals, provided the core activities are ethically sound.
Neoscdg.org Pricing and Packages
Neoscdg.org offers various educational packages, each with different levels of access and content.
The pricing structure typically includes payment plans, which can make the courses more accessible.
Understanding these packages helps in evaluating the value proposition, although the underlying ethical considerations remain paramount. Speakspots.com Reviews
Popular Educational Packages
The website highlights several popular packages, catering to different learning needs and financial commitments.
- Platinum Package: Positioned as the “greatest value,” this package includes all 4 Core Courses plus the Day Trading Course. It comprises 68 lessons and offers retakes and payment plans.
- Gold Package: This includes all 4 Core Courses, totaling 56 lessons, with retakes and payment plans also available.
- Zero to Trading: Their flagship introductory course, which can also be purchased individually. It has 20 lessons and approximately 17 hours of content, with retakes and payment plans.
The availability of payment plans indicates that the courses likely come with a significant price tag, making it even more crucial for potential students to consider the ethical implications of the financial activities they will be learning about.
Investing in knowledge is valuable, but it should be knowledge that leads to permissible and sustainable prosperity.
Payment Plans and Accessibility
The mention of “Payment Plans Available” across all major packages suggests a recognition of the financial barrier to entry for some students.
This can make the education more accessible, but it also means individuals might be committing to significant financial obligations for courses focused on activities that are not permissible. Teamcalendar.com Reviews
- Flexible Payments: Allows students to spread out the cost over time.
- Increased Accessibility: Potentially opens up the courses to a wider audience.
While payment flexibility is generally a good thing, it’s important to ensure that the investment in these courses leads to truly beneficial and ethically sound outcomes.
Neoscdg.org: Potential Drawbacks and Ethical Considerations
While Neoscdg.org presents an array of educational and mentorship services for financial empowerment, it’s crucial to address the significant drawbacks and ethical considerations, particularly concerning the nature of stock and options trading.
For those seeking to build wealth in a permissible manner, many aspects of conventional financial markets, which form the core of Neoscdg.org’s curriculum, are problematic.
The Issue of Riba Interest in Conventional Markets
A fundamental concern with engaging in stock and options trading, as taught by Neoscdg.org, is the pervasive presence of riba interest in conventional financial systems.
- Interest-Bearing Products: Many stocks and bonds are issued by companies that engage in interest-based lending or borrowing. Investing in such companies indirectly supports these activities.
- Leverage and Margin Trading: Options trading often involves leverage, which can be facilitated through interest-bearing loans from brokers. This introduces a direct element of riba into the trading process.
- Bank Stocks: Investing in conventional bank stocks, whose primary business is interest-based lending, is inherently problematic.
It’s difficult, if not impossible, to completely avoid riba when participating in the mainstream stock and options markets. This makes the entire endeavor questionable from an ethical standpoint, even if the intention is to generate wealth. Tweetai.com Reviews
The Element of Gharar Uncertainty/Speculation
Another critical concern is gharar, which refers to excessive uncertainty or speculation in transactions. Options trading, in particular, is often highly speculative.
- High Volatility: Options values can fluctuate wildly based on market sentiment and small price movements of the underlying asset. This makes them inherently risky and speculative.
- Lack of Direct Ownership: When trading options, one does not own the underlying asset. Instead, one is trading contracts based on the potential future price movement, which leans heavily into speculation rather than real economic activity.
- Day Trading: As highlighted in testimonials, day trading is a common outcome of these courses. Day trading involves frequent buying and selling of securities within the same day, aiming to profit from small price fluctuations. This is widely considered speculative and carries an extremely high risk of loss, with statistics often showing that a vast majority of day traders lose money. A 2017 study published in the Journal of Financial Economics found that less than 1% of day traders are consistently profitable.
Such speculative activities are discouraged, as they don’t contribute to real economic growth and can lead to significant financial loss, potentially at the expense of others.
Lack of Focus on Real Asset-Backed Investments
Neoscdg.org’s curriculum seems to heavily emphasize financial instruments rather than direct investments in real, productive assets.
- Tangible vs. Intangible: True wealth creation is often rooted in tangible assets like real estate, businesses that produce goods and services, or commodities.
- Productive Economy: Ethical finance encourages investment in businesses that contribute to the real economy, create jobs, and provide beneficial products or services. Stock and options trading, especially speculative forms, can detach financial activity from productive economic activity.
For those seeking permissible wealth building, focusing on ethical businesses, real estate, and direct investments in productive ventures would be a far more suitable path.
Neoscdg.org Alternatives for Ethical Wealth Building
Given the concerns surrounding Neoscdg.org’s focus on conventional stock and options trading, it’s essential to explore alternatives that align with ethical financial principles. Building wealth does not have to involve riba, excessive gharar, or engagement with companies that are not permissible. Youshouldworkwith.com Reviews
Halal Investment Funds and Sukuk
A primary alternative is to invest in Halal investment funds or Sukuk. These are designed specifically to comply with ethical guidelines.
- Halal Funds: These funds invest only in companies that meet specific criteria, such as not deriving significant revenue from impermissible activities like alcohol, gambling, conventional finance, or adult entertainment. They also screen for companies with acceptable debt-to-equity ratios to minimize riba exposure.
- Sukuk: Often referred to as “Islamic bonds,” Sukuk are asset-backed securities that represent ownership in tangible assets or specific projects, generating returns from rental income or profit-sharing, rather than interest. They are a permissible alternative to conventional interest-bearing bonds.
When seeking Halal funds, always verify their Sharia compliance certificate and the reputation of the Sharia advisory board.
Ethical Real Estate Investments
Investing in real estate is generally considered a permissible and tangible form of wealth creation, provided the financing is free from riba.
- Direct Property Ownership: Purchasing properties for rental income or capital appreciation is a common and permissible investment strategy.
- Halal Mortgage Alternatives: For those needing financing, exploring options like Murabaha cost-plus financing or Musharaka partnership financing offered by ethical financial institutions is crucial to avoid interest-based loans.
- Real Estate Investment Trusts REITs: While some REITs might be permissible, it’s essential to screen them carefully to ensure the underlying properties and their financing methods align with ethical guidelines.
Real estate offers tangible assets and potential for steady income, making it a strong alternative to speculative market activities.
Investing in Ethical Businesses and Startups
Direct investment in ethical businesses, particularly small and medium-sized enterprises SMEs or startups, can be a highly rewarding and permissible way to build wealth. Transcriptmate.com Reviews
- Direct Equity: Investing directly in companies that produce permissible goods or services and operate ethically.
- Venture Capital Ethical: Participating in venture capital funds that specifically target startups with ethical business models and avoid riba in their financing.
- Crowdfunding Ethical Platforms: Some crowdfunding platforms focus on connecting investors with ethical businesses seeking capital, often through profit-sharing or equity models.
This approach allows investors to directly contribute to the real economy and share in the profits of productive enterprises, aligning well with ethical principles.
Commodities Trading with restrictions
Trading in physical commodities like gold, silver, or agricultural products can be permissible, but strict conditions apply to avoid riba and gharar.
- Spot Trading: Transactions must be for immediate delivery and payment spot trading to avoid riba from delayed payments.
- Physical Possession: For certain commodities, ensuring physical or constructive possession is crucial to avoid excessive speculation.
- Avoiding Futures and Options: Conventional futures and options contracts on commodities are generally not permissible due to their speculative nature and inherent gharar.
Focusing on the physical exchange of commodities for real economic needs, rather than speculative contracts, is the key.
Ethical Savings and Retirement Planning
For long-term wealth building, establishing ethical savings and retirement plans is paramount.
- Halal Savings Accounts: Utilizing savings accounts that offer profit-sharing instead of interest.
- Ethical Retirement Funds: Investing in retirement funds that exclusively hold Halal assets, similar to the Halal investment funds mentioned earlier.
- Diversification: Diversifying investments across various permissible asset classes to manage risk and promote stable growth.
The emphasis should always be on sustainable, asset-backed growth that avoids any element of riba or excessive gharar. Lylywoo.com Reviews
How to Navigate Financial Education Ethically
For those interested in financial literacy but committed to ethical principles, it’s crucial to approach platforms like Neoscdg.org with a discerning eye.
While their educational content on market mechanics might offer some general insights, the application of that knowledge must be filtered through a strict ethical lens.
Prioritize Knowledge of Ethical Finance
Before into any investment strategy, prioritize understanding the principles of ethical finance.
- Study the Basics: Learn about riba, gharar, maysir gambling, and the concept of productive asset-backed investments.
- Consult Scholars: Seek guidance from knowledgeable individuals or reputable Islamic financial institutions.
- Resource Utilization: Read books, articles, and attend seminars on ethical finance to build a strong foundational understanding.
This foundational knowledge will serve as a filter for evaluating any financial education program or investment opportunity.
Screen Investment Opportunities Rigorously
Any investment opportunity, even if presented as “educational,” must be rigorously screened for its ethical compliance. Web3coda.com Reviews
- Company Activities: Investigate the primary business activities of any company whose stock is being considered. Avoid those heavily involved in impermissible industries.
- Financial Ratios: Apply ethical screening criteria to financial ratios, such as debt-to-equity, to ensure minimal exposure to interest-based financing. Many Islamic finance screening methodologies exist for this purpose.
- Nature of the Instrument: Understand whether the financial instrument itself e.g., options, futures inherently involves gharar or riba.
If an investment does not pass the ethical screening, regardless of its potential returns, it should be avoided.
Focus on Real Economy Contribution
Shift the focus from purely financial speculation to investments that contribute meaningfully to the real economy.
- Productive Assets: Look for opportunities to invest in businesses that produce goods, offer services, create jobs, and solve real-world problems.
- Community Impact: Consider investments that have a positive social or environmental impact, aligning with broader ethical values.
This approach to wealth building is not only permissible but also fosters sustainable growth and benefits society as a whole.
How to Address Subscriptions and Free Trials Ethically
If an individual finds themselves involved with a platform like Neoscdg.org and wishes to discontinue their engagement due to ethical considerations, understanding how to manage subscriptions and free trials is important.
How to Cancel Neoscdg.org Subscription
Based on typical online service practices, canceling a subscription usually involves a few common steps: Generatedby.com Reviews
- Log In: Access your account on the Neoscdg.org website.
- Account Settings/Billing: Navigate to your account settings, profile, or a section typically labeled “Billing,” “Subscriptions,” or “Membership.”
- Manage Subscription: Look for an option to manage your subscription, which might include details about your current plan, renewal dates, and a cancellation button.
- Follow Prompts: The website will likely guide you through a series of prompts to confirm your cancellation. You might be asked for a reason for canceling.
- Confirmation: Ensure you receive a confirmation email or see a confirmation message on the site indicating that your subscription has been successfully canceled. Keep this for your records.
If you encounter difficulties, the website’s “Contact Us” section email: [email protected] or [email protected], phone: 833.636.7234 should be your next step.
State your intention to cancel clearly and request confirmation.
How to Cancel Neoscdg.org Free Trial
Canceling a free trial typically follows a similar process to subscription cancellation but often has a strict deadline to avoid being charged.
- Check Trial End Date: Immediately identify when your free trial period ends. Mark this date on your calendar.
- Access Account: Log in to your Neoscdg.org account.
- Subscription/Billing Section: Go to the section detailing your subscription or billing information.
- Cancel Trial: Look for an option to cancel the free trial or prevent auto-renewal into a paid subscription.
- Confirm Cancellation: Verify that you have received a confirmation that the trial will not convert to a paid subscription.
It is advisable to cancel free trials a few days before the official end date to avoid any last-minute issues or automatic charges.
Always double-check your bank statements to ensure no charges occur after cancellation. Promoted.com Reviews
Frequently Asked Questions
What is Neoscdg.org?
Neoscdg.org is an online platform that offers financial education, mentorship, and “legacy development” programs primarily focused on teaching stock and options trading strategies.
What kind of courses does Neoscdg.org offer?
Neoscdg.org offers core trading courses, including an introductory “Zero to Trading” program, and advanced strategies for stock and options markets.
Does Neoscdg.org provide investment advice?
No, based on its disclaimers, Neoscdg.org states that the information provided is solely for educational purposes and does not constitute investment advice.
What is “Legacy Development” according to Neoscdg.org?
According to Neoscdg.org, “Legacy Development” is a division that helps families discover their purpose, develop culture, and plan for their financial future, seemingly intertwined with their trading education.
Are there testimonials on Neoscdg.org?
Yes, the website features testimonials from students who claim to have found value in the courses and some who state they made back the course fees through trading.
Does Neoscdg.org offer mentorship?
Yes, Neoscdg.org offers 1-on-1 mentorship with their co-founder Mark Wilburn and plans for group mentorship.
Are there free resources available from Neoscdg.org?
Yes, Neoscdg.org hosts free monthly “Family Meetings” designed for community engagement and encouragement.
What is the “Platinum Package” from Neoscdg.org?
The Platinum Package is presented as their “greatest value” offering, including all 4 Core Courses plus the Day Trading Course, with 68 lessons, retakes, and payment plans.
Can I pay for Neoscdg.org courses in installments?
Yes, Neoscdg.org states that payment plans are available for their popular educational packages.
What is the primary financial focus of Neoscdg.org’s education?
The primary financial focus of Neoscdg.org’s education is on stock and options markets.
What are the risks associated with trading, as mentioned by Neoscdg.org?
Neoscdg.org includes disclaimers stating that the risk of trading in securities markets can be substantial and that past performance is not necessarily indicative of future results.
How can I contact Neoscdg.org for support?
You can contact Neoscdg.org via email at [email protected] or [email protected], and by phone at 833.636.7234.
Is Neoscdg.org suitable for beginners in trading?
Neoscdg.org offers an introductory course called “Zero to Trading” specifically aimed at novices.
What kind of support does Neoscdg.org provide?
Neoscdg.org offers a “3-tier support program” that they claim grows with the learner, in addition to mentorship and community meetings.
What are the ethical concerns regarding Neoscdg.org’s focus?
The main ethical concerns relate to the inherent presence of riba interest and gharar excessive speculation in conventional stock and options trading, which form the core of their curriculum.
Are Neoscdg.org’s trading activities permissible?
Direct participation in conventional stock and options trading often involves elements of riba and gharar, which are not permissible. It’s crucial to seek ethically compliant alternatives.
What are some permissible alternatives to stock and options trading education?
Permissible alternatives include education on Halal investment funds, Sukuk, ethical real estate investments, direct investments in ethical businesses, and permissible commodities trading.
How do I cancel a Neoscdg.org subscription?
To cancel a Neoscdg.org subscription, typically log in to your account, navigate to the billing or subscription settings, and follow the cancellation prompts. Always seek confirmation.
How do I cancel a Neoscdg.org free trial?
To cancel a Neoscdg.org free trial, log in to your account before the trial period ends, go to the subscription or billing section, and cancel the trial to avoid auto-renewal.
What should I look for in an ethical financial education program?
An ethical financial education program should emphasize asset-backed investments, avoid riba and excessive gharar, focus on real economic contributions, and ideally be certified by reputable ethical financial bodies.
Leave a Reply