Sensei Michael Investments

It all started when the NZ regulatory body withdrew the broking licence from the HYIP I was investing with , because their fixed income product (the HYIP I was investing with) does not fit into the broking licence's regulations. The HYIP's banking accounts got frozen later, resulting in their inability to repay their investors. I have been through something similar with my own private investment fund, as I become aware of regulatory hurdles that I would have to cross when I reach a certain size, and how banking bodies would start to check on me (ostensibly under money-laundering laws) when the money coming in from broking houses become larger. My fund closed before I could ever reach that stage, and so I watched with bemusement as anger and frustration built up within the Telegram investment group I was in, over being "scammed" by this HYIP. I moved instead into BitCoin mining, and my USD599 investment into the mining pool (whose mining equipment is in Iceland) in la...

My IB has indicated that he is unable to continue business with me. This means I need to explore other methods of withdrawing and funding my investment - only Perfect Money (a payment processor) and BitCoin are platforms the FOREX broker deals with. In the States, an Accredited Investor is someone with a net worth of USD 1 million, or an income of USD200,000 per year for the previous two years. In Singapore, the same class of investors is someone with net assets of SGD 2 million, or an income of SGD300,000 in the past 12 months. Many classes of high-yield investments like hedge funds, FOREX funds, etc, are allowed to be marketed only to such people (so nobody is allowed to market those investments I am investing in to the "common folk"). Such investors are considered to be "sophisticated" enough to understand the risks involved in such high-risk investments. I have been reading the Telegram chat group of my FOREX investment. Each time the Introducing Brokers (the fi...

It was a very enlightening conversation I had with Alex, one of my mentors in investmenting. What he shared is precisely my experience with many MLMers who burnt out, which is why I prefer to invest in investment MLMs rather than product MLMs . WHY I GET SUSPICIOUS WHEN MLM'ERS WON'T GIVE ME STRAIGHT ANSWERS I find it very interesting that practically most MLM'ers will not give me a straight answer to the question: "How long have you been at your MLM business and how much are you making now?" Usually they will divert to talk about how much their upline is making. I am not interested in how much your upline is making. I am more interested in what you have made after all the years you are in if you say the business you represent is really that good and lucrative. If a business proposition or investment is that good, I will be prepared to divulge the exact details as to how it is that good and will even open my accounts to show "where is the money"! Also, w...

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...

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. ...

Found another HYIP that pays 2% per day for 10 days with a capital of USD100, upon which profits is returned together with the capital. So far all HYIPs with such low capital outlay have not lasted long (unlike the other one I have invested with since July 2015), due likely to the fact that anything more than 1% per day is going to be difficult to sustain, and that is with FOREX being used as a trading platform. For someone like me, who was used to comfortably doing 1-2% a month selling options in the US stock markets in the past, the amount of leverage those guys are getting into is really incredible and mind-boggling. I have learnt to keep an open mind, however - because there are many who found my 1-2% a month equally mind-boggling. As I began understanding the world of high leverage, I learnt that they can be done - just not done by everyone. All forms of high-yield investment programmes have to deal with the issue of draw-downs. A move against the predicted model, a long-tail, a b...

My portfolio is now ahead SGD243.60 (I included the bank charges that I incurred when I first entered into this HYIP), 10 months into my investment. Things have been going well so far but my antenna is still up. I suppose many years of playing with HYIPs (and actually running one) made me so. It needs a certain kind of personality to survive the world of HYIPs. The HYIP I am investing with now has dropped its previous payment processor (which allowed us to directly send our investment by bank telegraphic transfer) and started using BitCoins. To me, this signals an attempt to avoid anti-money laundering efforts. Previous HYIPs used e-gold to avoid anti-money laundering scanning by financial institutions, which created tons of problems then as hackers attacked the e-gold accounts and removed the gold. BitCoin, however, has physical wallets, which is actually a 2FA system where you cannot hack and access the BTC (acronym for BitCoin) without physically controlling the dongle as well. And ...