Dear readers,
Presently I have no more ideas for earning money through investing, while at the same time keeping my heart aligned to the gospel of Christ Jesus. Therefore I choose to lay it down. I no longer endorse or recommend any of the investment programs I have previously tested. Neither can I offer a sustainable high yield investment program with my own resources.
This is my last post. I hope my blog has been informative, at times warning and useful to others. For me it was a learning experience. Let us no longer decieve ourselves or anyone else: Life is not about money. It is about the truth. Freedom is not obtained by money. Only the truth will set you free.
Regards,
Agent725.
Since the high yield investment arena had its downfall, new scams are attempting to replace those who were once ‘king of the road’. I have chosen to pursue more realistic opportunities and am no longer diversifying, but instead focus on few investment opportunities that I trust and have a proven track record.
Furthermore I am studying advanced market theory to be able to set up a real investment opportunity for those who have little to invest. When I have learned enough to do this I will post an update on this blog. Be patient, however, as this can take a long time.
Regards,
Agent725.
FF Update
FF, one of the oldest high yield investment pools has gone near bankrupt when the U.S. government indicted E-gold and froze money from most of the largest account holders. Many investors who had stakes there can do no more than mourn there loss and hope for a slight compensation. FF has always dealt in an honest and straightforward way when hit by calamity. This time again, they were completely transparent toward their membership, and have arranged to compensate the membership using remaining funds. Would this be the symbolic downfall of the high yield arena?
… The court case reference was the same USA vs E-gold indictment that allows for the forfeiture of E-gold assets by the US government for specifically the operation of any unlicenced exchange operation or any unlicenced investment.
There is not the slightest hope of recovering this money. This action is not an injunction, it is a forfeiture (confiscation) of e-gold assets. The principal targets were the large exchangers, namely 1mdc, Icegold and Omnipay but dozens of large accounts have also been seized. We understand that the US government has already forced E-gold to pay them $11-15 million by exchanging this amount of gold associated with the forfeitures. For any hope of this money to be returned, E-gold would have to be found innocent and despite that being the case, this is not the outcome that will prevail through the courts, in our opinion.
This situation means the almost total ruin of #FF# and there is absolutely no way that it can either try and recover these losses or on the otherhand, make any further offering with such potential legal issues surrounding it. It is an extremely sad and disappointing end, especially as we had made significant inroads to finding very profitable and stable regulated opportunities. We had high hopes for #FF# but ultimately it has failed for many reasons, some within our control and others beyond it. We know many Members will be very angry and upset that it has come to this, but there is little more to do apart from liquidate the remaining assets and move on with life.
Source: FF (real name of the program is kept private for security reasons)
Dinar News
Interesting times are coming for the Dinar, as talks between the U.S. and Iran are becoming more and more aimed at practical solutions for Iraq:
Iran and the United States resumed public diplomacy Monday for the first time in more than a quarter century. The meeting in Baghdad between ambassadors on security in Iraq could produce a chapter in world history for its success or a footnote for its failure. (AP)
Source: EFX
Portfolio
My current portfolio is holding stable, also through all the E-gold havoc. There are programs that have announced to no longer accept E-gold, but it looks like they will keep running and withdrawals are possible by E-bullion or bank wire.
To set up a program I will need to gather enough capital for a reserve fund. This will take a little longer than I thought, meaning I cannot say when I can set up this fund. If I am blessed with enough funds, however, I’ll give a hoot.
Thoughts
It has been two weeks since my last article. I have cut down my blogging activity to a minimum to be able to focus on my new temporary job as consultant.
In the silence many thoughts have crossed my mind. For one, I would like to set up an private loan program which yields stable monthly returns. A reserve fund should also be kept. It should have enough in it to safeguard members funds 50% in a worst case scenario. This means I cannot have many participants in my private loan program, but that the number will be limited.
Other ideas for this program are, for example, to actively take on battle against scammers, by rewarding those who expose them with cash. Next to providing income through types of trading activities, I would add to the stability of the program by contributing to the reserve fund of what I earn by offline advertising. Your ideas are welcome as well.
Furthermore, I have been testing a strategy in the Forex market, but have come to the conclusion it is not yet ready to serve as my primary source of income. It will take more testing and experimenting to see what else I can come up with to give a higher degree of stability to the strategy results.
All in all this means it could take some months before I am able to launch an investment program. I would like to see if people are interested in such a program. Please drop a comment below if you are, and check this blog every now and then to see what progress I have made to make this dream become reality.
