I am ahead of them, and as long as I remain ahead it is all easy.
The only reason I joined this was because my best friend (very conservative),
joined because her best friend had joined and was taking $ out every month.
Yes it is risky, but $200 is really nothing significant to just lose.
I gave away $110 to someone who joined the loan club so they could pay thier fee. I would hope they would do the same for their downline.
My dad has 25K in principle and gets 40K in interest after 60 days.
He figures he is also ahead of them at this point and really could care less about the 25K even if he doesnt get anymore withdrawls for 40K he is still 15K ahead even if he loses his 25K, so he is not worried. it cant last forever
nothing like it can. But for now it works, much like my forex broker,
for now he is sending checks every week, but he too cannot last forever
there is about as much of a chance as him packing up shop and disappearing as my HYIP. And to take it one step further let me tell you about your bank.
Your bank (all of your banks) are crooks. There is also a good chance that your bank cannot last forever either (freddie and fannie cannot), so you put money in your bank in what is reffered to as a demand deposit account.
WHEN you deposit money INTO that account you ARE loaning the bank money. They deposit it into their baNK ACCOUNT AT THE FRB (federal reserve bank){BANK OWNED AND RUN NOT BY AMERICANS} and they get 10 times credit for your money. They record the money you loaned them as a LIABILITY in thier accounting books. Over time you will loan them THOUSANDS of dollars. Over time you may overdraw your account for $5.
They should honor the overdraft and pay it (certainly after you loaning them THOUSANDS for years and years that they could TRUST you with $5 eh?).
They may return it and JACK you for $35. Or they may pay it and LOAN you $5, then jack you for $35 becuase they had to loan you $5.
What about all the time you LOANED them THOUSANDS for basically nothing, then they loan you $5 and JACK you for $35!?! That is HOW or WHY I KNOW they are crooks. To me that is what a crook does is rip people off, some think of it as theft by deception.
And you trust your bank! HAHAHA! The day is coming soon when you are going to go to that bank that you trust, that has behind the scenes been robbing you blind, and try to withdraw money, your money, AND they are NOT going to have it.
You wanna talk about some ponzi schemes? This isnt the place but suffice to say the freddie and fannie bail out is a ponzi sceme, bear buyout was a ponzi scheme, 1/2 the things the government does is a ponzi scheme.
They have been debasing and devalueing our currency since that LBJ commie was in the white house. You know how I know JBJ was a commie?>
He merged the general fund with the social security fund and they have been
STEALING our SOCIAL SECURITY MONEY SINCE THEN! And now they want to let it go under?! Ha another ponzi scheme social security. I am glad I dont rely or wont need to rely on social security.
Like my dad always says the hardest thing in life is to get ahead, after that it is all easy.
Quote:
Originally Posted by Andrewunknown
I've seen far, far too many programs, run by those who are intelligent and capable - some well-intended, some criminals - run for months (who care's about software? Even if they were using goldcoder's script, that would make no difference) or years and fail.
So the duration of an "investment opportunity" has nothing to do with viability.
The size or even the track record of payouts has nothing to do with legitimacy.
Knowing individuals who live off of earnings has nothing to do with legitimacy. I am or have been historically acquainted with individuals who have made a great deal of money in programs they've invested in online. I've also known people who have known owners or been acquainted with owners themselves; which likewise has nothing to do with viability.
Call them HYIP or whatever you like that doesn't carry the negative connotation; the point is that they are all "high yield investment programs". It has nothing to do with the appearance of the program itself, but the details of the offering. The acronym fits it exactly. Perhaps it isn't a ponzi; but it is not a regulated investment entity (I know, I know; they aren't registered in a jurisdiction with regulations or oversight as restrictive as the U.S., etc.), and contrary to the belief of members or the program admins, there is no full immunity to enforcement, seizure of assets, etc.
There is no set-up, scenario, story or configuration of the variables here that make this program any different from dozens of others that were run by smart, experienced and well-organized people that no longer exist, for one reason or another. I am not suggesting it will fail - time will tell - but it is an HYIP, and individuals ought to exercise due caution (not that participants ever heed that admonition).
Anyway, this thread is about the method, but now you've gone again.  |