Daily compounding power at Paxmix

I don't know why I have never realized it. Could it be that I have been obsessed with recovering my initial spend? That's a rule I try very hard to obey whenever I spend my own money: Recover your initial spend as soon as possible.

Greed overcomes me every so often though. I have broken the rule more times than I care to remember eyeing after the big fat balances. I have regretted just as many times breaking the rules. I would stay cool a while before my emotion takes over. Then the cycle begins again.

Oh, I'm sorry. I'm rambling. I was going to say that it somehow only dawned on me this morning. Paxmix is paying daily compounding interest! That means my balance will double in 36 days at 1.98% daily. At 2.48%, the highest rate, it's 29 days. One whole week less.

You may think, "Yawn... Big deal." But have you tried adding up the numbers? We know that Paxmix plans to lower the interest rates to 37% yearly from Jan 2007. So let's just crunch the numbers from Oct 2005 to Dec 2006 using the current rates.

1. Oct 2005 to Dec 2006 = About 450 days
2. 450 days / 36 days = 12.50 times of doubling
3. Double $1 by 12.50 times = $5,792!
4. $5,792 x $5 minimum spend = $28,960!

Do the same with 2.48%, 29 days, and $5: $234,490!

Wow!

So, what's the point of all the number crunching?

Eh... Come to think of it, none. I just got too excited over the daily compounding and the possibilities. In reality, who would keep on compounding and doubling their balances? We all know HYIP is a risky business. So no one will reach those numbers even if Paxmix can last that long. No seasoned HYIP player will take the risk.

I guess there is a point going through the exercises after all. It gets me dreaming about the possibilities. That's what keeps me going in the HYIP games.

Paxmix - 3rd withdrawal success

I said I wasn't going to invest in Paxmix way back. And here I am talking about a 3rd successful withdrawal? Did I lie?

Oh, no, I'm no liar. If you follow my blog long enough, you know that I'm a sucker for honesty. So I absolutely, completely, definitely, and unquestionably don't lie.

Oops! Did I just do what I said I don't do? Ah! Eh... Sorry. Can we forget about the whole thing?

As I was saying, I wasn't prepared to invest way back then but I didn't say I wouldn't forever. I changed my mind mid-August 2005 and spent the minimum $5. Well, I can tell you that so far I'm glad I did change my mind.

With my 3rd withdrawal yesterday, I recovered 60% of my initial spend. My balance remains more than doubled thanks to a little help from my referrals and the compounding magic. In 2 weeks, I should recover all my initial spend. Then it'll be profit all the way!

Paxmix are paying the high HYIP rates because they can't give out any state guarantee certificates as they aren't registered in SEC. They plan to do so and lower the interest rate to 37% a year after 2006. So, if things go smoothly, I'll have up till end of 2006 to build my fortune. :)

LPP: Quiznos project closed

The Quiznos program by World Limited Partnership Program has been closed. The response to the program has been overwhelming. Within 5 days of the announcement, the total indication to buy is over 2,700 for the 2,600 units available.

If you miss the opportunity, don't worry. As soon as the Quiznos program is active, LPP will open another program. They already have a target.

So, this is a good time to join Limited Partnership Program. You'll get first hand news when they come out in the next few days. The membership is free anyway.

First LPP project selling like hotcakes!

Apparently the first project of World Limited Partnership Program is selling like hotcakes. The latest news update put it at less than 200 units! So the project is likely to close out any time today.

Some LPP members questioned whether the whole setup is a scam. I don't have the problem. Not because I'm that confident, but rather that I always invest with a pinch of salt.

No matter how good a program sounds, there is always a chance of you not getting any money back. Whether due to an honest business failure or a scam it matters not. The risk exists.

The only way you're not losing any money is to not let the money out of your hand. You'll get to see it shrinks though. From inflation.

Hey, that's a small issue, right? You didn't lose the money, did you? You can still feel good then. ;-)

First venture of LPP: World Limited Partnership Program

Is World Limited Partnership Program a HYIP? I think it is. Except it's not your usual online a-dime-a-dozen type trading in foreign currencies or high risk stocks. It's more of a business venture type of high yield program.

LPP, as they call themselves, are set up to form venture capital pools. They use the pools to purchase actual revenue producing companies, franchises, and websites to build the ventures up. As a pool member, you become part owner of the companies. You earn commissions now, and receive residual income from the venture pool profits and group profits for the rest of your life.

No promise of any fixed rates of return. They only promise to select potentially profitable companies to the best of their knowledge. After all, their payments are tied to the performance of the companies too.

How many capital pools can you expect? As many as prudence and due diligence will produce. Meaning: No set schedule. This makes business sense, doesn't it? Only when a venture looks good, and fits into the culture, then should a shrewd businessman pursue further.

That's the reason why LPP have only announced the first project these few days though they have been online for a while. They are moving into the food industry. Quiznos to be exact. A total of 2,600 units at $50 each are offered in this venture capital pool. Within 48 hours of announcement, more than 1,600 units have been booked!

The number of units you buy will determine your status as a Silent, Full, Senior, or Corporate Partner in the Quiznos project. The more units you buy, the more benefits and privileges you enjoyed with the accorded status. I booked 2 units to become a Full Partner. This allows me to peek into the decision making process and to receive more detailed information about the offerings.

Feel like you have missed the boat? Hey, go grab the remaining 1,000 units. Or join as a member to take part in future ventures.

As a member, you get first hand information on any new pool. If you like the concept and potential of the company in the pool, join that group. Be part owner of the company and receive profits regularly. If not, simply pass it to wait for later pools. It really is quite that simple. With membership to World Limited Partnership Program free, I see no reason you passing up the opportunity.

POF (Private Offshore Fund) went poof!

Never did expect Private Offshore Fund to last long but I still went in. Thought I could get out before it closed with my initial spend recovered at least. Then I got stuck with the minimum $20 withdrawal. And now, a few hours ago, it just went poof!

I know the doom of Private Offshore Fund was coming. Stories about withdrawals pending. Warnings from this group and that. But what could I have done? Nothing!

The ponzi game is not an easy one to play. I've learnt my lesson. I shall stick with the old and tried programs from now onwards. Not! :D

New program by FeederFund

FeederFund have just added a new investment program. That bumped the total programs in the portfolio to a lucky 7. Get my hint? ;^)

I can't tell you much about the new program because the admin has specifically told us not to. I think I can tell you these though: Out of the lucky 7, this will be the 2nd highest paying. If you're fast, you can get yourself some nice Christmas gifts too. The faster, the better.

Can I tell you more? Sorry, no. I don't want to lose my membership. Go look it up from the news section in FeederFund yourself.

Not a member? No worry. You just need a referrer code. Go ahead. The sign up is free.