Your right. Atlanta HYip is a gamble and a huge risk. The feederfund fund is not an hyip. Look into the companies they are associated with and you will see everything you need to know. HYIP's are like internet scratch off tickets. I have never lost any money with the feeder fund since I have been with them.
And something else to consider. If you could be offerred 19% a month on your money, does that really seem unrealistic? This would mean that the interest made from these real finance gurus is this: 1% x 30 days is 30% right? That would mean you are averaged under 1% a day profit which is very realistic.
They also offer your interest per month instead of some ponzi that would offer 20% a day. Very realistic to me. AT least I continue to get paid and not one person that has ever been in the feederfund or is in the feederfund now have anything negative to say. Always paid and always repond. Thank you for your time... Just wanted to clear the air....
Absolutely right - however, Atlanta HYIP is not a gamble or a risk ! Its not even an investment so I am not quite sure what you mean. The risk is only $30 maximum and every time anyone joins as a result of your referral, you get a minimum of $10. However, you are absolutely correct with everything else you say.
One thing though - it is true that feederfund cannot lose - even if you do !
Feeder Fund just posted a new (fifth) program - Club4X (4X-Club)
Quote:
Club4X Overview
Club4X (4X-Club) was set up by Stephen Princeton at the beginning of this year to offer a return on trading the Forex Markets. Stephen has been trading for 7 years. The last 3 years have been full time and he has achieved excellent results during that time. We have known him for over 9 months and we are building a good working relationship. We believe him to be well skilled and trustworthy. All trading is carried out through an FDIC insured US Broker.
Club4X increases its transparency by making available the real time trading accounts to experienced and trusted third parties who report back through their own channels as well as through the 4X website. Matthew Calder of FeederFund is one of these trusted third parties, others include Simon Pink and Paul Tagger. The Administrator, Peter Furnell, is also a trusted associate of the FeederFund. Our view is that Club4X represents a negligible fraud risk.
There is a 30 day hold period on funds but after that, both principal and interest may be withdrawn.
The minimum is US$1,000 if investing directly with Club4X. The minimum to invest through a FeederFund pooled account is US$50.
Quote:
Club4X Strategy
All trading is based on technical analysis concentrating mostly around momentum on intra-day trends, but when the market is going sideways, they also take advantage of technically over extended price movements and trade for rapid gains while applying tight stops.
They endeavour to reduce risk by trading counter currency pairs and if trading a longer term trend will trade the retracements along the way. They will also consider taking an opposing hedge position or exit the market completely if there is pending news.
The majority of positions are held for less than 1 day, but they may hold some for longer timeframes. For charting and scanning they use E-Signal direct access software.
Quote:
Audits are carried out monthly by known and respected online professionals. Figures below show the Audited Net Trading Profits (after Fees) to the FeederFund. Profits are reported around the 5th of each month for the previous month.
........Jan/ Feb/ Mar/ Apr/ May/ Jun/ Jul/ Aug/ Sep/ Oct/ Nov/ Dec/ /Total/
I know there's already a thread about feederfund and the new program fxig lower down, but I would just like to add that so far I've been very impressed by feederfund and I like the look of the new addition fxig. Feederfund has also now added 4x-club to their portfolio, and Matthew Calder of feederfund is one of the independent "auditors" of 4x-club. Although I agree with TonyUK that you should not ever invest your life's savings in ANY on-line program, I certainly think that feederfund is in a different league that all the hyip games that appear and disappear everyday. Feederfund should certainly be part of your on-line "portfolio", and remember the golden rule of diversification.
Another program I'm impressed with is Premium Division. It's relatively new, but the Admin is known to Team Aaron&Shara, who is in turn known by Simon Pink. They offer a daily and a weekly program, the latter pays out 50%/week. Yes, I know it seems too high, but I've been in it for 4 weeks now, made 200% profit and re-invested half, so I cannot lose anymore. It's worth a try with a test spend, and after you have your money back, re-invest profits. The proof is in the pay-outs, although premiumdivison has a very commonly used script, they do pay out. And with only 2 weeks to get your money back, it's worth a small deposit, which can grow quickly at the rate they offer.
Remember, Feeder Fund in and of itself is not a program. They only act as a way to get into any one of 5 programs (or is it 6 bnow?) for a low cost of $50 per program.
They make their money by taking off 25% of anything you withdraw. Although that is a whopping big amount, the fact that they have exchaustively and thoroughly checked out each of the programs they list, this is a very good guarantee that the programs are all legit, and you should make money ("Guarantee" as in "for however much anything can be guaranteed in HYIP Land" !!!)
PREMIUM DIVISION
~~~~~~~~~~~~~
I'm very impressed with the way this program is going.
It is quite obviously a ponzi - not even an ultra-expert trader who has JC sitting on his right hand side could achieve returns of 50% per week, every week!
However, as I've pointed out several times already, the new money IN to money paid OUT statistics are extremely healthy, 3+ : 1. Furthermore, the number of active (= people who actually put money into the program) accounts is steadily on the up and up.
If these trends continue, Premium Division should be around for a long time still.
Remember, Feeder Fund in and of itself is not a program. They only act as a way to get into any one of 5 programs (or is it 6 bnow?) for a low cost of $50 per program.
They make their money by taking off 25% of anything you withdraw.
............................................
Dr. Mac
Not 25% - only 15% :
Quote:
A Feeder Fund Member has the choice of placing amounts down to a minimum of $50, with any programs that the Feeder Fund is associated with. The Member receives 75% of the net return monthly and the remaining 25% is split as follows - 15% is retained by the Feeder Fund, 7% is paid to the first level Referrer and 3% to the second level Referrer.
I disagree about FeederFund having nothing to lose - they certainly do, they have their reputation. Over 2 years as a trusted opportunity to join a pool for other trusted opportunities... I could not risk that if I were them.