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Showing posts from July, 2016

Beginning a New Investment Cycle

It has been an incredible and interesting journey, and I have completed my one-year contract with the FOREX broker. ON 27 July, my investment account was automatically terminated as per my agreement with the broker, and my USD1000 in that account returned to me. I have decided to reinvest that amount into a new account (allowed under the investment agreement with the FOREX broker) with a fee of USD30 charged to me. This would allow me to continue my 8+% monthly returns every month for another year. As I continue with the world of HYIPs, I cannot help but continue to remember why the rich always get richer. The FOREX broker allows each individual up to USD100,000 in the fixed income investment. I cannot afford such potential losses and so have to limit myself. The rich, including some Malaysian Dato I know of, can afford such losses and so could pump in the full amount, gaining USD11,000 every month (it is no longer 8+% but close to 11% at these amounts). Accounting for the weak Ringgit

The End of an Investment Cycle

It has been nearly a year since I last invested for a monthly return of about 8% each month. The company just reminded me that my yearly investment cycle (the contract locks my investment for a year) is up, and I should choose either to renew at a returns of 3% less each month (about 7% after calculating for FOREX) or to withdraw and to start a new contract for a one time fee of 3% of the investment of USD1000. I thought the math was very straightforward and somewhat of a no-brainer. I have chosen to withdraw and to start a new contract. The other HYIP I have started (which I have expressed doubt in my previous post ) has collapsed. There is a reason why I only invest a tiny amount for such HYIP. After this episode, I have told myself not to invest any more into any HYIP where the leverage just does not work out, or where the outlay is so ridiculously low (USD10, anyone?) that it being a money game is just so clear. I have to learn to listen to my hunches when it comes to investments.