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.
3 responses so far ↓
Jade // May 13, 2007 at 11:39 |
Heej friend,
I’m interested in your progression in these times of choices.
I will keep myself updated with your investment plans, and perhaps I can help you if you need a hand or so.
Stay steady and cool,
Greetings Jade
McClausky // May 14, 2007 at 15:35 |
Hi Agent,
Yes, I think we will be interested in your new investment program, only if it’s stable. I don’t mind 4% per month, as long as we never have -40% unpleasant surprises.
Regards
agent725 // May 16, 2007 at 22:18 |
Thankyou both for the input.
I estimate it will take some 6 months to set things up. Many programs have been set up much too hastily, hence the unpleasant surprises.
I would like to cover at least 50% of members funds with a reserve fund already at the launch of the program. Most programs build up such a fund over time, but doesn’t that often prove the administrator doesn’t want to take any risks himself?
In my opinion, he should share his own appetite for risk as well by giving the members at least some monetary insurance. Then one would certainly not be so careless with members funds.