The money matter: to be clinched once and for all
I’m 38. I got once a Diploma in History, but since then had changed several professions. I carried on business for more than 10 years, but my achievements were rather meager. Perhaps, because I’m not an entrepreneur by nature, I just wanted my family to lack nothing. There are lots of people like me, who are bound to carry on business, having at the same time no particular disposition to it.
Yes, I had 3-4K monthly but was expending as much effort as serious businessmen do to earn 30-40K. My work was taking 10-12 per day, with rare holidays and almost without week end.
My greatest wish was to send all this to hell, to place money on a bank deposit or invest in some business, and then to live on the interest. But there was the snag: to have a more or less decent income on investment, one must invest hundreds of thousands or millions. And I simply didn’t have them nor were they even expected. Hence, only one thing was remaining: slaving away all my life long.
But one fine day, about four years ago, I came across an ad of some “investment fund” on the Internet, offering fantastic 12-15% per month. I’m not a venturous man, have never been to casino and seen gambling machines only from far. But that case looked like a gamble, however with a promise of a sure prize.
That opportunity matched my potentials just fine. At that moment I couldn’t afford more than $5000. Indeed, if I put this money in a bank, I’d have received at most $200-300 at year-end, or $25 per month – just indecisive money. And here I could get as high as $600 monthly, idem $7200 annually.
I caught fire.
I invested $2000 as a trial – piece by piece in several of those internet funds, usually called HYIPs. I’ve lost part of my money – the owners turned out to be cheats or losers, but my gains were bigger: 7-8% on average per month. Far less than promised, but 9-10 times higher than the average bank percent.
For the time being, I stopped investing blindly, but only after carrying out a thorough analysis. Moreover, I understood that I can reduce significantly the risks by dividing my money among 10-15 baskets instead of only 3-5. Little by little I boosted my returns up to 20-25% on average per month (net output). As a rule, I wasn’t taking the whole profit keeping to reinvesting it. By means of it, I mostly wasn’t investing new money. But the total volume of investments and the profit were growing up fast – that was the principle of the compound interest (percent earned on percent). In such a manner after about one year I turned the initial $1000 to $11500.
The farther in, the simpler. After three more years my monthly income on investments grew up to 8-11K. Provided that my initial inputs (“live” personal money) had already paid off long ago, and only the money received as a pure profit is working for me now.
Is it possible to earn more? Yes, but it requires more time, and indeed, there's always more fish in the sea, as the saying goes.
This site is designed firstly for people far removed from the world of HYIPs. I tried to answer the questions being important for me too. All my opinions are based upon my personal experience, personal mistakes and personal earnings.
I hope that the above information will help you get through the journey of the “primary accumulation” and magnify your capital gains in a relatively short time.
Should you have questions (and you will surely have), I’d be happy to give you a hand.
Good luck!
Alex
Important notice
1. I never offer advice to invest in one or another project. The decision of investing money is an extremely private matter. My money is invested in the programs listed on the web site, but you may find other investment media or not to invest at all, should you consider this kind of business too risky.
2. The most reliable way of reducing the risk is putting at most 8-12% of the total investment volume per project, and if the total amount is significant – no more than 7-10%.
