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Re: Risk Free Profit? (RFP) |
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05-13-2006, 03:48 PM
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Newbie Amateur
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Join Date: May 2006
Posts: 28
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Re: Risk Free Profit? (RFP)
monthly payout? Errr......... somehow i find that just a little hard to believe. Why? If it was indeed a 'monthly' payout. This thing's been running for more thatn 1 month yeah? So why hasn't there been any proof of payouts for the other 12 or whatever months this thing's been running? The whole purpose of whomever posted previously, talking about the payout, was that, this payout was the annual pool payout which everyone has been waiting for.......
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Re: Risk Free Profit? (RFP) |
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05-14-2006, 03:08 AM
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Amateur Investor
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Join Date: May 2006
Posts: 61
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Re: Risk Free Profit? (RFP)
Re the annual pool payout, I personally know 3 downline who have chosen to receive their payout monthly so to cover the product cost. This has always arrived on time.
We also have begun operating our own Indonesian SBP trading pools with $15,000- in each. It works, with up to 5% weekly profits , however there are many challenges along the way, especially neteller and creditcards blocked from this country.
http:seabiscuit.riskfreeprofit.com
Robert
(The first in Indonesia in RFP)
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Re: Risk Free Profit? (RFP) |
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05-14-2006, 03:17 AM
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Investor
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Join Date: Mar 2006
Location: Sydney
Posts: 274
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Re: Risk Free Profit? (RFP)
Hey echang, the pool has two payment options: receive your payments monthly, or let them copound for the full year. Monthly payouts have been regularly paid out for the last year.
It is the 12 month compound that everyone is waiting for. I have just heard back from the RFP Support manager and he explained the reason for the 2 month or so dealy on 12 month payouts is because of how much money needs to come out, and there are Bookmaker limits on withdrawals (as well as other ligistical issues).
Monthly payouts are small and easy (each person might get $60 or something, easy to withdraw. The 12 month compounded is over $1000 EACH person, in order to pull all of the money from the pool, they have to withdraw a lot of money from each bookmaker, and each bookmaker has daily, weekly and monthly withdrawal limits.
I also found out that members who are waiting for their pool payout may stop paying their monthly subscription without losing their profits. They must stay as paying members for the 12 months of compounding, but once the 12 months has been reached and they are waiting the 2 months for the payout, they don't need to keep paying monthly subscription if they don't wish to stay with RFP.
Shane
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Re: Risk Free Profit? (RFP) |
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05-14-2006, 04:42 AM
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Amateur Investor
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Join Date: May 2006
Posts: 61
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Re: Risk Free Profit? (RFP)
If they are going to receive payouts, I don't know why they wouldn't reinvest.
I am interested in that software supporting SBP from vetigrity.com, tried to contact but could't. When will it be ready? poperr22@hotmail.com
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Re: Risk Free Profit? (RFP) |
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05-14-2006, 06:11 AM
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Newbie Amateur
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Join Date: May 2006
Posts: 28
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Re: Risk Free Profit? (RFP)
there's no point talking about monthly payouts because u still lose your money
month 0 - pay rfp the 139 etc
month 1 - rfp pay you, so you can pay for your monthly subscription
hence u're 139 out of pocket all the time.
You'd expect them to actually KNOW about the bookie limits and would have initiated the withdrawals sooner....... but anyhow, lets see what happens
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Re: Risk Free Profit? (RFP) |
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05-14-2006, 07:51 AM
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Amateur Investor
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Join Date: May 2006
Posts: 61
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Re: Risk Free Profit? (RFP)
A number of people now take the approach to invest $1,000- in the pool non-compounding, which gives on average $150- monthly income.
This means they don't pay the software out of their own pocket on an ongoing basis, which means any networking or trading is all net profit as long as they are in RFP.
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Re: Risk Free Profit? (RFP) |
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05-14-2006, 08:41 AM
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Newbie Amateur
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Join Date: May 2006
Posts: 28
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Re: Risk Free Profit? (RFP)
but no one's gotten their profits back yet..........
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Re: Risk Free Profit? (RFP) |
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05-14-2006, 09:35 AM
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Investor
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Join Date: Mar 2006
Location: Sydney
Posts: 274
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Re: Risk Free Profit? (RFP)
If you invest in the monthly like poperr was suggesting, then yes you do. the monthly payouts ahve been happening for the last year.
The trading pool is a member only Benefit. It is NOT the product. You aren't paying RFP $139 a month for the pool, you are paying them for the server maintenance and software. As long as they keep producing arbs, then you are getting value for money. The very fact that they are willing to make a service for their members which covers their own fees is a brilliant move on their behalf. It is a win win. 1. It allows them to keep longer repaying members and 2. it allows the members to get arbs virtually for free or at a profit. Now that RFP allow $1000 investment in the pool, the monthly payout makes even more sense since you can have the software for free every month. This is basically a very generous offer from RFP since they are making professional traders available to every member for virtually no fee.
Popper: I have been Beta Testing Vitegrity for CJ the last couple of weeks, he will be releasing it soon, but he has a lot of work to do in terms of getting it completely ready, setting up payment systems, affiliate accounts etc. So give it a couple of weeks maybe.
SAG will announce when it is ready.
Shane
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Re: Risk Free Profit? (RFP) |
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05-14-2006, 11:21 AM
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Newbie Amateur
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Join Date: May 2006
Posts: 28
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Re: Risk Free Profit? (RFP)
you seem to be avoiding the key issue here
the monthly payout covers ur month to month basis right? So in actual fact, who here has actually earned money if they're just in the month to month pool...... so OBVIOUSLY ppl who are in the pool, are in it for the big long run, which hasn't paid out yet
and hence....... no one has received their initial investments back yet
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Re: Risk Free Profit? (RFP) |
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05-14-2006, 11:55 AM
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Investor
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Join Date: Mar 2006
Location: Sydney
Posts: 274
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Re: Risk Free Profit? (RFP)
Hmm, I'm not avoiding anything on purpose.
You are right in that no one has received their initial investment back yet. That is true.
The monthly payout is simply whataver profits are made from the weekly compounding of the pool. It isn't aimed at paying the monthly subscription fee, its just an obvious method of doing that. And you can buy units in EITHER the monthly payout, OR the 12 month compounding. you don't get paid out every month and then 12 months compounded, its one or the other.
You can however choose to have x% monthly, and the remaining y% 12 month compounding.
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