Thursday, October 30, 2008

HYIP programs--High Risk /High Return (maybe)

Particularly when it comes to high profit programs, it is necessary to make sure never to invest money you cannot afford to lose.

The only way to proceed is to get your invested funds out as rapidly as possible and then to regularly remove half of the profits you are making. That way, no matter what happens after that, you will have made money. As long as you profit in more programs than you lose in, or if you make more money in the programs where you make money than in the programs where you lose money, you will have succeeded.

With that in mind, lets look at what has been happening in some of the programs I have been trying out (yes, with money I have already said goodbye to, but hopefully only temporarily).

My Turn 4 Bux
I have been concerned for this program because it has been up and down and then up and then down again. They have certainly been experiencing some technical problems. The problem is that whether a program is a scam or just badly run, the result for the member ends up the same--you are at high risk of losing money.

They have had a tendency to keep putting withdraw requests back into the balance repeatedly, but on the other hand, people are getting paid. You just have to have perseverance. If you send a support ticket or an email, it seems to help.

For what it is worth, which may not be much since even well-intentioned but incompetently run programs are as dangerous as scams, I do think that this program is trying to be around for a while (they keep insisting that they are here for the long term).

My personal status is that I am in profit by over $250, which is nice.

Best advice with this program. Their Bonus program which has a minimum investment of $350 is the only program worth getting into. If you do, be prepared to have to keep putting your withdraw requests in again and do not be shy about emailing or submitting support tickets.


Premium Compounder

Twice in the past few days this program has sent out emails saying that they were swamped and were looking to add 3 support personnel. Anyone interested should email them. I thoroughly agree with them--they basically do not respond to support tickets or emails. In addition, when I try to call them all I get is voicemail. If we were giving out ratings for communication, they would be at the bottom of the list.

For what it is worth, they so seem to have offices as represented and have been operating privately for 10 years. Unfortunately, going from a successful small business to a successful large one is not automatic.

They did have an issue with Paypal, as have many programs, then allowed people who had purchased investments using Paypal to exchange their funds for E-gold on a 1:1 basis. Unfortunately, when I tried to cashout some funds to E-gold, the withdrawal did not occur. At least for now, I have not been able to request a cashout again since they have removed the E-gold cashout option.

They have at times been offering a bonus to people investing using Liberty Reserve, presumably because they keep running out of funds in that processor to use for cashouts. This might also indicate that you might have to wait for a cashout if you are investing using Liberty Reserve.

Anyone wanting to try this program (trying it with a spare $100 or so that you have sitting in Alertpay is probably not a bad idea), I would advise to ONLY invest using Alertpay. They do not always seem to have any other processor funds available.


Megalido
This program is basically paying 44% profit every 12 days and seems to be paying in general in 24 hours.

I would handle this program by investing funds then reinvesting the funds plus the profits after the investment cashes out. Then at the end of the second investment, take out the original investment and reinvest the profits only. From then on when each 12 day investment matures, I would reinvest all but 1/2 of the profits. In other words I would reinvest approximately 75% of the cashout.

One thing about this program is that you cannot reinvest without cashing out to your payment processor first. One of the things this program offers is an exchange of funds from one payment processor to another, but which exchanges are allowed varies from day to day and the amount you are allowed to transfer varies.


Instant 2 u

I have started testing this program and it appears to be fairly good. Basically it offers 40% profits every 10 days. If you are using Liberty Reserve the daily rebates are credited immediately to your processor account. If you are using Alertpay or Solid Trust Pay, it will only be credited to your account at the end of the 10 day investment.

I will keep you updated on this one since I have to see how they handle issues. Anyone interested in testing it with me here is the url: http://Instant2U.com/?ref=2936


Elisabeth
elisabethcole29@gmail.com
907-262-3711
Skype elisabeth.cole

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