Tired of scams floating around....
Found one article, can't find author...
****
STOP BLEEDING
Hi, you don't know me, but I know something about you if you are reading
this. Like I used to do, you have been losing money on the internet HYIP
programs and even most of the private programs.
Well, I will tell you one thing, I am not really bleeding physically. I am
ok. My health has never been better. And what I refer to as "stop
bleeding? pertains to my bank account. It also means YOUR bank account. All
of us need to STOP LOSING MONEY.
Programs just like the ones you are in now, CAN BE PROFITABLE FOR
YOU. But there are some things you have to learn and choose to do or not do
if you want to STOP BLEEDING. I know from the hard way - it took me
almost 4 years to get to the point of profits.
I am now in really good profits, the kind that HYIP was advertised
to be. So yes, it is possible. I started investing with HYIP programs on the
internet going back four years. Some people might call me a veteran of
sorts since there are many newcomers to this area of interest.
But I can tell you with all honesty that I lost a bunch of money.
I was not very smart. With all those years of losing money, you might want
to forget about reading any more of this story since you might think I don't
have anything to say. That would be a mistake in my humble opinion.
You see, about 2 years ago I began to do my own research and began
to think for myself, and that is what the key to my success has been. I
have been making profits for a little more than a year now. NO LOSSES. How I
came to this place I hope to share with you. So follow my story if you
will and let? see if you can learn from my mistakes - - - - - - - - It all
started, with Eric (no specific names please).
I was helping him set up some banking offshore when he introduced me to the
concept of HYIP. It was fascinating to me that these so-called "trades?Eeven
existed. But I quickly learned (I thought) that they did indeed exist.
Within a few weeks I was in touch with a man in one of the southern states
who had been doing these HYIP's for years. He owned a ranch and
was very wealthy. Another friend of mine visited him personally.
We received a lot of valuable information from him, then he died
suddenly at a relatively young age from a heart attack. Our information source
was suddenly GONE!!! I was a rookie without a clue as to where to go
from this point on. Within a few weeks I had located another person who also
knew about HYIP programs. He told me about the internet. BIG MISTAKE!!!
There I was without any kind of guidance and without a clue about
fraud, and the big internet was ripe with information. It was not a mistake
to be on the internet, but it was a big mistake to be on the internet IN MY
STATE OF MIND without a clue to what I was doing. (Like some of you.) Let
me make the story short concerning the first year I was on the internet.
There were lots of programs. This was before the days of TriWest if any of
you know that name. But the programs paid for awhile and then when it
seemed I reinvested to build up my portfolio, they were suddenly gone.
I lost the money I had made and I lost the money I started with
also! Not good! The bank account was bleeding!!! BUT I KNEW THESE KINDS OF
PROGRAMS EXISTED. I had been taught by that man who had died of a heart
attack. I was confident about these programs. I just thought that I had come
across some programs that did not manage their money correctly and
therefore went out of business. I fell for all of their excuses as being "truth?E
That was year one. (A very short version.) YEAR TWO: I started to
become wiser, or less dumb maybe.
I entered programs after I had emailed back and forth to other
people to get a feel for their experiences. This was kind of the predecessor to
a loose "club?E I built up good relationships with some of the people.
This was a beginning in the right direction (I call it step #1). But I found
that my friends were losing money also. And the ones that were not losing
money did one thing different than we were doing: THEY PULLED OUT THEIR
ORIGINAL PRINCIPLE AS SOON AS POSSIBLE.
That was step number 2 in the right direction. But I was not
satisfied with that solution. WHY? Because I knew these programs were real, and
there had to be one program that would last a long time. I knew these
programs were valid and they should last a long, long time.
I did not have the big money ($10 million) to try to go direct to
one of these programs. But I would not settle for just pulling my
principle as soon as possible and then letting the rest of the money build up.
Because in all the cases I did this, I didn't make any profits anyway when
the program folded up.
I might have not lost my principle but I lost time and had no
profits. I was just wasting time if that was all there was to it. There had to be
a better way! SO I BEGAN MY OWN RESEARCH ON THIS SUBJECT. A few years
before I ever knew about HYIP's, I was in the position to help a group of 5
businessmen. They were people who wanted to start their own offshore bank, and
I just happened to be in position to help them a little bit. (I won't get
into the details.)
The thing that really came out of all of this is that I could pick
up the phone and call them to ask questions. We had become friends. So I
picked up the phone and asked questions like: Have you ever heard of
HYIP's? What and where and how? I really probed the resources I had. To my
surprise they knew about HYIP's and in fact they were doing them! One of
the people who had just become part of their contact group had been doing HYI
programs for 20-30 years. Great news yes? No, his minimum was $500million,
a half a billion dollars. Ha!
And he did not know of anything less than $100million. I was oh so
close, but yet so far !!! I was depressed. This group of men basically
told me that the minimum I needed was $100million. They knew of some
programs that were less than that, but did not have a direct contact for such
programs. So I returned to the internet. BIG MISTAKE! Not because the
internet was the wrong place to be, but it was the wrong place FOR ME TO BE
when I was in the mind-frame I was in. What resulted was more of the same type
of losses. I was going backwards!!! Then there was a short period of time
where I seemed to do nothing.
I did not know where to go. The nagging question in the back of my
mind was that I knew these programs (and the high rates of return) existed.
My first contact had been the guy in the southern part of the USA with a
ranch and all kinds of information, but he died before I could get his
contacts or any other information. His wife was of no help, and that source was
now closed. Then at the end of about year 2, I met a group of people who were
collecting funds to reach $10million to place them in a private HYIP.
I participated, and in fact, I bullied my way into the center of
their program. To make a long story short, we had representatives from
our group going back and forth to Europe for about 6 months. Lots of
expenses were racked up. We visited attorneys? Eoffices, bank meeting rooms, and
we waited. NOTHING HAPPENED!!!
And nothing EVER happened until we finally gave up. During this
time I made contact with many other people who purportedly had paying HYIP
programs. And to make along story short which covers part of year 3, one USA
attorney is now in hiding from his clients for taking money on a deal that
did not pay out, one source is in jail in Costa Rica, one "source?
Eof "real?E programs is now broke and no one listens to her any more, one NY
source cannot be found but I never had the opportunity to try them, 2
sources in Florida are now in jail, one source in California who was "a
trader with a Fed number?Eand one of only 22 actual traders in the world has
disappeared, and on and on. Getting the picture of my year #3 ??? IS THERE A
HAPPY ENDING TO THIS STORY??? Yes, and I am almost there.
What I want to impress upon you, the reader, is that I have tried
many things on many levels. I did not leave any possibility unturned
that I thought might be of REAL value. I was on a mission! But I was not
getting anywhere. I turned back to a friend of mine who deals with common
stuff on Wall Street. He gave me some of the best advice I have ever
received. He was extremely successful on Wall Street, not from finding some
incredible deals and riding it to the stars. Rather he was successful because
he NEVER LOST MONEY. Not one of his deals went bad! Now wait a minute!!!
Listen closely.
He did not have super success in finding lots of mind-boggling big
deals. He did not have deals every day. In fact some of the time there
was a lot of space between deals he found that he wanted to invest in. He
had to learn patience. He had to learn to choose correctly. He had to become
disciplined. BUT HE NEVER LOST MONEY!!! And his bottom line could
stack up to most anyone. He was extremely successful. He told me that in
order to make money IN ANYTHING, I had to first figure out how to STOP
LOSING MONEY,
and he called it STOP BLEEDING. Now as simple as that sounds, it
was new to me. It might be new to you.
But it is one of the basic truths about successful people (except
things that happen by luck). And if you are one of those people who are
lucky, then try the lottery ?EHa! But for the rest of us who have to work
our way into making some decent money then this piece of advise would rank
way up there in the top five. STOP BLEEDING first - before you can get
well. So how did I STOP BLEEDING? How did I put this one piece of terrific
advice to work for me? Was it easy? Here are the answers and the
beginning of the happy ending to my story. But it will take me awhile to explain it
all.
Keep reading and if you are WISE you will learn from every step I
did and not just one or two things. I want you to think about what I did.
NOTE: I am interrupting right here to say that my motive for sharing this
with you, the reader, is an educational motive. I am not going to mention
names or refer you to programs I know are good. I just sincerely want you
to THINK and to evaluate what I did versus what you are doing now. We can
all learn from each other and that is my motive. During the first part of
year 3, I learned several things that affect the first rule of STOP BLEEDING.
I learned for instance that owners of lists and the club owners who talk
about HYIP's didn't know how to stop bleeding (this is quite some
time ago now but it still pertains to many club owners today). Some of them
have learned and some of them are still learning, and yes, many of them
do not have a clue how to stop the bleeding. So one of the first things I
learned was not to put a whole lot of weight into the due diligence of
club and list owners. Now I am not saying anything bad here about clubs and list
owners who make referrals.
What I am telling you, the reader, is that YOU have got to decide
if that club or list owner is WORTH listening to. Some of them are worth
it!!! But ask yourself: "Have these club owners and list owners learned how
to STOP BLEEDING?? Only you can answer that question and I will show you
how to determine that. I can also tell you that SOME of them have, in
fact, learned how to stop bleeding, or they are in the process of doing that.
The next thing I learned was that some club owners were collecting money
from their members and just putting the collected funds back into other
internet deals, acting as blindly as any one of their own members could have done.
These club owners were TAKING A PIECE OF THE ACTION without any further
due diligence on their part. Now THAT was a shame!!!
That really made me angry at the time I learned about it. It still
is happening today to a very large extent. So folks, you need to wise
up on what your club or list owner or pooled funds owner is doing!!!
Another thing I learned was that I needed a set of standards that I could
use to evaluate ANY program. I needed to be able to hold up a program "to
the light"(my set of rules) and see if it was something I could trust
in. So I went back to the guys who were going to start their own offshore
bank and who knew real people in the big, big circles to ask their advice
on what kinds of characteristics a real program would have.
I was amazed at what I discovered. Let me give you the excess
information before I get to the real GEMS of the rules. First I learned that
no one has a real HYIP of buying and selling MTN's or BG's or CD's etc.
unless they are in the $100million and up range. I trust my sources when they say
this to me. One man has been in this arena for 30+ years and is a
billionaire, and in his words, the $10m people are either aggregating to $100m or
they are not real. In other words, when people say they have a HYIP and
dealing in MTN's they are lying to you unless they have $100m or they are
part of someone else's $100m. Period. There were no exceptions.
Remember when we waited for 6 months back and forth to Europe with
$10m sitting in their bank? We were never in a position to lose our
money, but I will bet you that they USED OUR MONEY and made a nice profit while
us rookies made NOTHING! Now I have also come to learn (very
recently) that there MIGHT be ways to leverage to $100m, but the fact still
remains that somehow $100m must be attained whether directly or by leveraging.
And one more thing, I have yet to see ANY LEVERAGE DEAL WORK!!! Does that
tell you something? It should. It says that when people say the
word "leverage?Eas in attaining $100m or more, then beware.
I am not saying the deal is a scam, but I am telling you that I
have never heard of one working YET. It is possible I am told, but it is not
the most reliable method. So if some private program or internet deal tells
you this kind of story, then they are in the small tiny minority of chances
that it will work. Enough said about this one fact. Next I learned that
there are lots of things that people call HYIP's, meaning that there are
opportunities to make a decent return on your money in venture capital deals,
stocks, commodities, currencies, and all sorts of wild deals including
real estate.
These are not the true HYIP's I learned about, and they are not in
the same category as the $100m programs.
Yet there is a lot of merit about SOME of these programs. And this
is where my attention turned for awhile. But before long, I was back to the
internet with more and more people recommending one program after another.
And I soon learned to develop a set of rules that my banker friends
helped me with.
Here they are: 1. You don't need to know everything about any
given program like charts and examples of how they make their money. But you
MUST know:
2. WHO is behind the program. Someone like a club owner who has
checked the program out must have positive proof of the identity of the people
who operate the program.
3. Along with the who, is WHERE are the people located, and what
is the direct communication PHONE number. This does not mean cellphone.
It means a real address and a real phone number and real people.
4. There must also be a trusted bank involved with all programs.
With a real and trusted big bank, anyone can track the movement of money. With
real banks involved there is much less chance of a scam.
5. Someone (YOU or the club owner) must get verifiable references,
such as character references from the program owners. These must be called
and checked out. Anyone can provide references that are fake, but any
savvy person can smell these references out pretty quickly. Now let me
expand on the above set of rules. Obviously if someone from Turkey has an
office in Cypress with references in Moscow it would not pass my test. Maybe
yours if you live in Moscow but not mine.
If someone was from the USA, he/she would be easier to check out
(for me). If the bank was one of the top 100 banks in the world, it would be
easier for me to trust the program because the opening of the bank
account alone requires ID that passes the bank, and all the funds can be traced
if need be. If the bank was in Kenya, then it would not pass my test.
Maybe yours if you lived in Kenya, but not mine. Get the picture? Use your
common sense and don't jump for the first program that comes around the
corner.
Make sure it makes sense! The use of the e-currencies on the
internet was OK by me, but somewhere down the line ALL PROGRAMS must convert the
e-currencies (like e-gold) to real currency in a real bank IF THEY
ARE IN A REAL PROGRAM. There is no real estate or venture capital deal I
know of that can use anything but real currency (dollars) from a real bank. If
someone had positive banking references then it would go a long way in
supporting the claim that the program was real. On the other hand, if all you
know about a program is that it uses e-currencies (no one has a real
banking reference) then it does NOT pass my test. Maybe yours, but NO WAY
does it pass mine. Anyone can disappear using e-currencies, but there is
ALWAYS a traceable record through a bank. OK, LET ME STOP HERE FOR A MINUTE.
All of you who are reading this can obviously take these rules and
apply them. WHO are the people behind the program with REAL addresses
and REAL phone numbers who operate with a REAL bank. But you would never
guess what happened to me when I applied these rules ????????????? Not one of
the programs I was in could pass the rules!!! Not one! Zero, nada,
zilch, nothing! Look back on the list of scams that e-told has or some of
the other clubs have listed, and NOT ONE of them exists where all of
the above rules was ever applied and researched. Not one would have passed
the test. WOW! So here is what I did. I emailed to all prospective programs
and asked the above questions (rules).
Or I emailed to the club owners or list owners who were
recommending programs to me and asked if they had the answers to the above
questions. GET THIS STRAIGHT ?Eif I was talking to a club or list owner I did
not need to know this information directly myself ?Eall I wanted to know is
IF the club or list owner had this information. Not one program gave it
to me. Not one club or list owner had this information. Does that tell you
something? It should!!!
THAT IS, not one of them had this kind of information UNTIL toward
the end of year 3. Then some of them started to get wiser. And a few
opportunities began to surface where the above information was available.
END OF YEAR 3 and beginning YEAR 4: I stopped putting my money
into anything that could not satisfy the above rules. OR if I did want to
venture into a new program where I could not get the above info (the greedy part
of me wants to invest all the time) then I would get my principle out
ASAP and also take as much profit out ASAP. It didn't matter that I was not
optimizing my long term returns. To me there were no "long term?
Epositions without the information on the above rules. In other words, I
treated every program that did not pass the test of rules as a short term
venture AT BEST.
I knew they would fold.
Today, there are a number of people who make a living out of every
new program that comes down the line. They refer people to them by the
dozens. I see lists of the Top 17 BEST HYIP's This Week. Seventeen? Are you
crazy??? There probably is not ONE on that list that will last 6 months!
But the people who refer others to these kinds of program make a
commission for referring others and they eventually do not have any of their own
money at risk. In these types of cases, you either need to adopt that very
same technique of not having your money at risk or you need to get your
principle out ASAP and your profits out ASAP and treat them as temporary
programs AT BEST. For me, I chose to not refer anyone. I got in and got out
quickly. I made some money, but not a whole lot.
Then I stopped doing this kind of thing altogether. It did not
make me feel good inside when I saw all of these programs fold and I knew lots
of people were losing a ton of money. Nearing the end of the 3rd year, I
began to educate some club owners with some emails to them. I don't know if
it began to do any good. Some of them have really tightened down on what
they will recommend. Some of them still are making a few mistakes, but
trying. Others seem to just recommend anything that is paying. Which leads
to another fact you need to know: ALL PROGRAMS PAYOUT IN THE
BEGINNING, EVEN THE BLATANT SCAMS.
Just because programs are paying means NOTHING!!! Don't even ask
this question. It is worthless! BUT LET ME ASK YOU SOME QUESTIONS NOW --
------
1. Will you apply those rules to all programs you are in now? Just
to see which ones pass or don't pass? If they cannot pass the test of
these rules, will you get out or at least take out your principle?
2. Will you apply these rules to all programs you are thinking
about getting into in the future? Will you ask the programs themselves to
satisfy the above rules? Or will you ask your list owner or club owner to get
the answers to the above rules BEFORE you participate with your hard
earned money?
3. Will you run away when people say we are in a big HYIP where we
are ? leveraging?Eup to $100m? Or at least know that you have a very
small chance of success with that program?
4. Will you do everything to put pressure on your club owner to
STOP BLEEDING? If you will do the things I suggest above, then you are
well on your way to making some serious money. The first thing you have to
do is STOP BLEEDING. Then you need to find one good program. I can
guarantee that you will find a good program if you search. And all you need
is ONE !!! That's right. All you need is one good program, because all
those people who advised everyone to diversify (without following the
STOP BLEEDING RULES 1st) only diversified their losses!!!
That's right, they all just lost money in a lot of programs and
not just a few. They are all broke. My advice is to forget big
diversification; all you need is ONE good program!!! After you have that one program
then go find another if you want, but don't diversify with a whole bunch of
losers, it will just mean that a diverse group of programs will get your
money and you will still be broke. AT THE END OF MY 3rd YEAR, I found my ONE
program that satisfied all the rules above. It was a private program that I am
still in today. I have 6-figures invested with them. It is compounding
daily. Do you know what that means? Compounding is a very powerful tool.
It means that I earn profits on my profits on my profits etc. It
builds really quickly. No, I am not here to tell everyone about the
program I am in. I am here to educate all of you to THINK and to put pressure
on those club owners and list owners to THINK. It does no one any good to
trust the judgement of someone who has no rules and no standards. I can
throw my own money away without the help and advice of anyone else!!! What we
need is some common sense and to do what the Wall Street guy does ?Ehe
does not invest unless his "rules?Eare satisfied, and many times he does
not invest at all. We all need the DISCIPLINE to not invest at some times
when the rules say "NO?E
But in any case, my Wall Street guy learned a long time ago to
STOP BLEEDING and he always makes profits and is extremely successful. Before I
say good-by to you, I also want to tell you that you can apply the
STOP BLEEDING rule to even the programs that satisfy the rules above. What I
mean by that is?when you find a good program that will satisfy all of the
rules, you might also ask them about their RISK MANAGEMENT and see if they
have a Risk Policy to STOP BLEEDING in their own investment strategies. See if
they have little or no loss in the engine that generates their profits. If
they have very little loss because they have discipline to know when to
say "NO?E then you really have found a winner! Last of all, but really first for
me, is that I have asked Jesus to rid me of the greed inside of me.
It was a force that propelled me to keep putting my money into
programs I had no sense in being in, rules or no rules. It was like a
compulsion to maximize my earnings, to win at the impossible odds, to use my
lunch money to buy a lottery ticket. That was a force that I could not deal
with without help. So in conclusion my ways of STOP BLEEDING were: 1.
Christ 2. Think and research 3. Develop a set of rules 4. Use the rules. And
if I am not sure? Then don't do it.
***** STOP BLEEDING *****
Yes, I found my good program, and I know
all of you will find yours if you set yourself on the same journey I went
on. I hope this little story will help you and save you much of the
grief and time it took for me to learn. I might have been a slow learner, but I
am getting on to being where I want to be. I can sleep at night! I am making
great profits. I have STOPPED BLEEDING!
- - - Bless you! - - -
The Little HYIP Bird
******
Found one article, can't find author...
****
STOP BLEEDING
Hi, you don't know me, but I know something about you if you are reading
this. Like I used to do, you have been losing money on the internet HYIP
programs and even most of the private programs.
Well, I will tell you one thing, I am not really bleeding physically. I am
ok. My health has never been better. And what I refer to as "stop
bleeding? pertains to my bank account. It also means YOUR bank account. All
of us need to STOP LOSING MONEY.
Programs just like the ones you are in now, CAN BE PROFITABLE FOR
YOU. But there are some things you have to learn and choose to do or not do
if you want to STOP BLEEDING. I know from the hard way - it took me
almost 4 years to get to the point of profits.
I am now in really good profits, the kind that HYIP was advertised
to be. So yes, it is possible. I started investing with HYIP programs on the
internet going back four years. Some people might call me a veteran of
sorts since there are many newcomers to this area of interest.
But I can tell you with all honesty that I lost a bunch of money.
I was not very smart. With all those years of losing money, you might want
to forget about reading any more of this story since you might think I don't
have anything to say. That would be a mistake in my humble opinion.
You see, about 2 years ago I began to do my own research and began
to think for myself, and that is what the key to my success has been. I
have been making profits for a little more than a year now. NO LOSSES. How I
came to this place I hope to share with you. So follow my story if you
will and let? see if you can learn from my mistakes - - - - - - - - It all
started, with Eric (no specific names please).
I was helping him set up some banking offshore when he introduced me to the
concept of HYIP. It was fascinating to me that these so-called "trades?Eeven
existed. But I quickly learned (I thought) that they did indeed exist.
Within a few weeks I was in touch with a man in one of the southern states
who had been doing these HYIP's for years. He owned a ranch and
was very wealthy. Another friend of mine visited him personally.
We received a lot of valuable information from him, then he died
suddenly at a relatively young age from a heart attack. Our information source
was suddenly GONE!!! I was a rookie without a clue as to where to go
from this point on. Within a few weeks I had located another person who also
knew about HYIP programs. He told me about the internet. BIG MISTAKE!!!
There I was without any kind of guidance and without a clue about
fraud, and the big internet was ripe with information. It was not a mistake
to be on the internet, but it was a big mistake to be on the internet IN MY
STATE OF MIND without a clue to what I was doing. (Like some of you.) Let
me make the story short concerning the first year I was on the internet.
There were lots of programs. This was before the days of TriWest if any of
you know that name. But the programs paid for awhile and then when it
seemed I reinvested to build up my portfolio, they were suddenly gone.
I lost the money I had made and I lost the money I started with
also! Not good! The bank account was bleeding!!! BUT I KNEW THESE KINDS OF
PROGRAMS EXISTED. I had been taught by that man who had died of a heart
attack. I was confident about these programs. I just thought that I had come
across some programs that did not manage their money correctly and
therefore went out of business. I fell for all of their excuses as being "truth?E
That was year one. (A very short version.) YEAR TWO: I started to
become wiser, or less dumb maybe.
I entered programs after I had emailed back and forth to other
people to get a feel for their experiences. This was kind of the predecessor to
a loose "club?E I built up good relationships with some of the people.
This was a beginning in the right direction (I call it step #1). But I found
that my friends were losing money also. And the ones that were not losing
money did one thing different than we were doing: THEY PULLED OUT THEIR
ORIGINAL PRINCIPLE AS SOON AS POSSIBLE.
That was step number 2 in the right direction. But I was not
satisfied with that solution. WHY? Because I knew these programs were real, and
there had to be one program that would last a long time. I knew these
programs were valid and they should last a long, long time.
I did not have the big money ($10 million) to try to go direct to
one of these programs. But I would not settle for just pulling my
principle as soon as possible and then letting the rest of the money build up.
Because in all the cases I did this, I didn't make any profits anyway when
the program folded up.
I might have not lost my principle but I lost time and had no
profits. I was just wasting time if that was all there was to it. There had to be
a better way! SO I BEGAN MY OWN RESEARCH ON THIS SUBJECT. A few years
before I ever knew about HYIP's, I was in the position to help a group of 5
businessmen. They were people who wanted to start their own offshore bank, and
I just happened to be in position to help them a little bit. (I won't get
into the details.)
The thing that really came out of all of this is that I could pick
up the phone and call them to ask questions. We had become friends. So I
picked up the phone and asked questions like: Have you ever heard of
HYIP's? What and where and how? I really probed the resources I had. To my
surprise they knew about HYIP's and in fact they were doing them! One of
the people who had just become part of their contact group had been doing HYI
programs for 20-30 years. Great news yes? No, his minimum was $500million,
a half a billion dollars. Ha!
And he did not know of anything less than $100million. I was oh so
close, but yet so far !!! I was depressed. This group of men basically
told me that the minimum I needed was $100million. They knew of some
programs that were less than that, but did not have a direct contact for such
programs. So I returned to the internet. BIG MISTAKE! Not because the
internet was the wrong place to be, but it was the wrong place FOR ME TO BE
when I was in the mind-frame I was in. What resulted was more of the same type
of losses. I was going backwards!!! Then there was a short period of time
where I seemed to do nothing.
I did not know where to go. The nagging question in the back of my
mind was that I knew these programs (and the high rates of return) existed.
My first contact had been the guy in the southern part of the USA with a
ranch and all kinds of information, but he died before I could get his
contacts or any other information. His wife was of no help, and that source was
now closed. Then at the end of about year 2, I met a group of people who were
collecting funds to reach $10million to place them in a private HYIP.
I participated, and in fact, I bullied my way into the center of
their program. To make a long story short, we had representatives from
our group going back and forth to Europe for about 6 months. Lots of
expenses were racked up. We visited attorneys? Eoffices, bank meeting rooms, and
we waited. NOTHING HAPPENED!!!
And nothing EVER happened until we finally gave up. During this
time I made contact with many other people who purportedly had paying HYIP
programs. And to make along story short which covers part of year 3, one USA
attorney is now in hiding from his clients for taking money on a deal that
did not pay out, one source is in jail in Costa Rica, one "source?
Eof "real?E programs is now broke and no one listens to her any more, one NY
source cannot be found but I never had the opportunity to try them, 2
sources in Florida are now in jail, one source in California who was "a
trader with a Fed number?Eand one of only 22 actual traders in the world has
disappeared, and on and on. Getting the picture of my year #3 ??? IS THERE A
HAPPY ENDING TO THIS STORY??? Yes, and I am almost there.
What I want to impress upon you, the reader, is that I have tried
many things on many levels. I did not leave any possibility unturned
that I thought might be of REAL value. I was on a mission! But I was not
getting anywhere. I turned back to a friend of mine who deals with common
stuff on Wall Street. He gave me some of the best advice I have ever
received. He was extremely successful on Wall Street, not from finding some
incredible deals and riding it to the stars. Rather he was successful because
he NEVER LOST MONEY. Not one of his deals went bad! Now wait a minute!!!
Listen closely.
He did not have super success in finding lots of mind-boggling big
deals. He did not have deals every day. In fact some of the time there
was a lot of space between deals he found that he wanted to invest in. He
had to learn patience. He had to learn to choose correctly. He had to become
disciplined. BUT HE NEVER LOST MONEY!!! And his bottom line could
stack up to most anyone. He was extremely successful. He told me that in
order to make money IN ANYTHING, I had to first figure out how to STOP
LOSING MONEY,
and he called it STOP BLEEDING. Now as simple as that sounds, it
was new to me. It might be new to you.
But it is one of the basic truths about successful people (except
things that happen by luck). And if you are one of those people who are
lucky, then try the lottery ?EHa! But for the rest of us who have to work
our way into making some decent money then this piece of advise would rank
way up there in the top five. STOP BLEEDING first - before you can get
well. So how did I STOP BLEEDING? How did I put this one piece of terrific
advice to work for me? Was it easy? Here are the answers and the
beginning of the happy ending to my story. But it will take me awhile to explain it
all.
Keep reading and if you are WISE you will learn from every step I
did and not just one or two things. I want you to think about what I did.
NOTE: I am interrupting right here to say that my motive for sharing this
with you, the reader, is an educational motive. I am not going to mention
names or refer you to programs I know are good. I just sincerely want you
to THINK and to evaluate what I did versus what you are doing now. We can
all learn from each other and that is my motive. During the first part of
year 3, I learned several things that affect the first rule of STOP BLEEDING.
I learned for instance that owners of lists and the club owners who talk
about HYIP's didn't know how to stop bleeding (this is quite some
time ago now but it still pertains to many club owners today). Some of them
have learned and some of them are still learning, and yes, many of them
do not have a clue how to stop the bleeding. So one of the first things I
learned was not to put a whole lot of weight into the due diligence of
club and list owners. Now I am not saying anything bad here about clubs and list
owners who make referrals.
What I am telling you, the reader, is that YOU have got to decide
if that club or list owner is WORTH listening to. Some of them are worth
it!!! But ask yourself: "Have these club owners and list owners learned how
to STOP BLEEDING?? Only you can answer that question and I will show you
how to determine that. I can also tell you that SOME of them have, in
fact, learned how to stop bleeding, or they are in the process of doing that.
The next thing I learned was that some club owners were collecting money
from their members and just putting the collected funds back into other
internet deals, acting as blindly as any one of their own members could have done.
These club owners were TAKING A PIECE OF THE ACTION without any further
due diligence on their part. Now THAT was a shame!!!
That really made me angry at the time I learned about it. It still
is happening today to a very large extent. So folks, you need to wise
up on what your club or list owner or pooled funds owner is doing!!!
Another thing I learned was that I needed a set of standards that I could
use to evaluate ANY program. I needed to be able to hold up a program "to
the light"(my set of rules) and see if it was something I could trust
in. So I went back to the guys who were going to start their own offshore
bank and who knew real people in the big, big circles to ask their advice
on what kinds of characteristics a real program would have.
I was amazed at what I discovered. Let me give you the excess
information before I get to the real GEMS of the rules. First I learned that
no one has a real HYIP of buying and selling MTN's or BG's or CD's etc.
unless they are in the $100million and up range. I trust my sources when they say
this to me. One man has been in this arena for 30+ years and is a
billionaire, and in his words, the $10m people are either aggregating to $100m or
they are not real. In other words, when people say they have a HYIP and
dealing in MTN's they are lying to you unless they have $100m or they are
part of someone else's $100m. Period. There were no exceptions.
Remember when we waited for 6 months back and forth to Europe with
$10m sitting in their bank? We were never in a position to lose our
money, but I will bet you that they USED OUR MONEY and made a nice profit while
us rookies made NOTHING! Now I have also come to learn (very
recently) that there MIGHT be ways to leverage to $100m, but the fact still
remains that somehow $100m must be attained whether directly or by leveraging.
And one more thing, I have yet to see ANY LEVERAGE DEAL WORK!!! Does that
tell you something? It should. It says that when people say the
word "leverage?Eas in attaining $100m or more, then beware.
I am not saying the deal is a scam, but I am telling you that I
have never heard of one working YET. It is possible I am told, but it is not
the most reliable method. So if some private program or internet deal tells
you this kind of story, then they are in the small tiny minority of chances
that it will work. Enough said about this one fact. Next I learned that
there are lots of things that people call HYIP's, meaning that there are
opportunities to make a decent return on your money in venture capital deals,
stocks, commodities, currencies, and all sorts of wild deals including
real estate.
These are not the true HYIP's I learned about, and they are not in
the same category as the $100m programs.
Yet there is a lot of merit about SOME of these programs. And this
is where my attention turned for awhile. But before long, I was back to the
internet with more and more people recommending one program after another.
And I soon learned to develop a set of rules that my banker friends
helped me with.
Here they are: 1. You don't need to know everything about any
given program like charts and examples of how they make their money. But you
MUST know:
2. WHO is behind the program. Someone like a club owner who has
checked the program out must have positive proof of the identity of the people
who operate the program.
3. Along with the who, is WHERE are the people located, and what
is the direct communication PHONE number. This does not mean cellphone.
It means a real address and a real phone number and real people.
4. There must also be a trusted bank involved with all programs.
With a real and trusted big bank, anyone can track the movement of money. With
real banks involved there is much less chance of a scam.
5. Someone (YOU or the club owner) must get verifiable references,
such as character references from the program owners. These must be called
and checked out. Anyone can provide references that are fake, but any
savvy person can smell these references out pretty quickly. Now let me
expand on the above set of rules. Obviously if someone from Turkey has an
office in Cypress with references in Moscow it would not pass my test. Maybe
yours if you live in Moscow but not mine.
If someone was from the USA, he/she would be easier to check out
(for me). If the bank was one of the top 100 banks in the world, it would be
easier for me to trust the program because the opening of the bank
account alone requires ID that passes the bank, and all the funds can be traced
if need be. If the bank was in Kenya, then it would not pass my test.
Maybe yours if you lived in Kenya, but not mine. Get the picture? Use your
common sense and don't jump for the first program that comes around the
corner.
Make sure it makes sense! The use of the e-currencies on the
internet was OK by me, but somewhere down the line ALL PROGRAMS must convert the
e-currencies (like e-gold) to real currency in a real bank IF THEY
ARE IN A REAL PROGRAM. There is no real estate or venture capital deal I
know of that can use anything but real currency (dollars) from a real bank. If
someone had positive banking references then it would go a long way in
supporting the claim that the program was real. On the other hand, if all you
know about a program is that it uses e-currencies (no one has a real
banking reference) then it does NOT pass my test. Maybe yours, but NO WAY
does it pass mine. Anyone can disappear using e-currencies, but there is
ALWAYS a traceable record through a bank. OK, LET ME STOP HERE FOR A MINUTE.
All of you who are reading this can obviously take these rules and
apply them. WHO are the people behind the program with REAL addresses
and REAL phone numbers who operate with a REAL bank. But you would never
guess what happened to me when I applied these rules ????????????? Not one of
the programs I was in could pass the rules!!! Not one! Zero, nada,
zilch, nothing! Look back on the list of scams that e-told has or some of
the other clubs have listed, and NOT ONE of them exists where all of
the above rules was ever applied and researched. Not one would have passed
the test. WOW! So here is what I did. I emailed to all prospective programs
and asked the above questions (rules).
Or I emailed to the club owners or list owners who were
recommending programs to me and asked if they had the answers to the above
questions. GET THIS STRAIGHT ?Eif I was talking to a club or list owner I did
not need to know this information directly myself ?Eall I wanted to know is
IF the club or list owner had this information. Not one program gave it
to me. Not one club or list owner had this information. Does that tell you
something? It should!!!
THAT IS, not one of them had this kind of information UNTIL toward
the end of year 3. Then some of them started to get wiser. And a few
opportunities began to surface where the above information was available.
END OF YEAR 3 and beginning YEAR 4: I stopped putting my money
into anything that could not satisfy the above rules. OR if I did want to
venture into a new program where I could not get the above info (the greedy part
of me wants to invest all the time) then I would get my principle out
ASAP and also take as much profit out ASAP. It didn't matter that I was not
optimizing my long term returns. To me there were no "long term?
Epositions without the information on the above rules. In other words, I
treated every program that did not pass the test of rules as a short term
venture AT BEST.
I knew they would fold.
Today, there are a number of people who make a living out of every
new program that comes down the line. They refer people to them by the
dozens. I see lists of the Top 17 BEST HYIP's This Week. Seventeen? Are you
crazy??? There probably is not ONE on that list that will last 6 months!
But the people who refer others to these kinds of program make a
commission for referring others and they eventually do not have any of their own
money at risk. In these types of cases, you either need to adopt that very
same technique of not having your money at risk or you need to get your
principle out ASAP and your profits out ASAP and treat them as temporary
programs AT BEST. For me, I chose to not refer anyone. I got in and got out
quickly. I made some money, but not a whole lot.
Then I stopped doing this kind of thing altogether. It did not
make me feel good inside when I saw all of these programs fold and I knew lots
of people were losing a ton of money. Nearing the end of the 3rd year, I
began to educate some club owners with some emails to them. I don't know if
it began to do any good. Some of them have really tightened down on what
they will recommend. Some of them still are making a few mistakes, but
trying. Others seem to just recommend anything that is paying. Which leads
to another fact you need to know: ALL PROGRAMS PAYOUT IN THE
BEGINNING, EVEN THE BLATANT SCAMS.
Just because programs are paying means NOTHING!!! Don't even ask
this question. It is worthless! BUT LET ME ASK YOU SOME QUESTIONS NOW --
------
1. Will you apply those rules to all programs you are in now? Just
to see which ones pass or don't pass? If they cannot pass the test of
these rules, will you get out or at least take out your principle?
2. Will you apply these rules to all programs you are thinking
about getting into in the future? Will you ask the programs themselves to
satisfy the above rules? Or will you ask your list owner or club owner to get
the answers to the above rules BEFORE you participate with your hard
earned money?
3. Will you run away when people say we are in a big HYIP where we
are ? leveraging?Eup to $100m? Or at least know that you have a very
small chance of success with that program?
4. Will you do everything to put pressure on your club owner to
STOP BLEEDING? If you will do the things I suggest above, then you are
well on your way to making some serious money. The first thing you have to
do is STOP BLEEDING. Then you need to find one good program. I can
guarantee that you will find a good program if you search. And all you need
is ONE !!! That's right. All you need is one good program, because all
those people who advised everyone to diversify (without following the
STOP BLEEDING RULES 1st) only diversified their losses!!!
That's right, they all just lost money in a lot of programs and
not just a few. They are all broke. My advice is to forget big
diversification; all you need is ONE good program!!! After you have that one program
then go find another if you want, but don't diversify with a whole bunch of
losers, it will just mean that a diverse group of programs will get your
money and you will still be broke. AT THE END OF MY 3rd YEAR, I found my ONE
program that satisfied all the rules above. It was a private program that I am
still in today. I have 6-figures invested with them. It is compounding
daily. Do you know what that means? Compounding is a very powerful tool.
It means that I earn profits on my profits on my profits etc. It
builds really quickly. No, I am not here to tell everyone about the
program I am in. I am here to educate all of you to THINK and to put pressure
on those club owners and list owners to THINK. It does no one any good to
trust the judgement of someone who has no rules and no standards. I can
throw my own money away without the help and advice of anyone else!!! What we
need is some common sense and to do what the Wall Street guy does ?Ehe
does not invest unless his "rules?Eare satisfied, and many times he does
not invest at all. We all need the DISCIPLINE to not invest at some times
when the rules say "NO?E
But in any case, my Wall Street guy learned a long time ago to
STOP BLEEDING and he always makes profits and is extremely successful. Before I
say good-by to you, I also want to tell you that you can apply the
STOP BLEEDING rule to even the programs that satisfy the rules above. What I
mean by that is?when you find a good program that will satisfy all of the
rules, you might also ask them about their RISK MANAGEMENT and see if they
have a Risk Policy to STOP BLEEDING in their own investment strategies. See if
they have little or no loss in the engine that generates their profits. If
they have very little loss because they have discipline to know when to
say "NO?E then you really have found a winner! Last of all, but really first for
me, is that I have asked Jesus to rid me of the greed inside of me.
It was a force that propelled me to keep putting my money into
programs I had no sense in being in, rules or no rules. It was like a
compulsion to maximize my earnings, to win at the impossible odds, to use my
lunch money to buy a lottery ticket. That was a force that I could not deal
with without help. So in conclusion my ways of STOP BLEEDING were: 1.
Christ 2. Think and research 3. Develop a set of rules 4. Use the rules. And
if I am not sure? Then don't do it.
***** STOP BLEEDING *****
Yes, I found my good program, and I know
all of you will find yours if you set yourself on the same journey I went
on. I hope this little story will help you and save you much of the
grief and time it took for me to learn. I might have been a slow learner, but I
am getting on to being where I want to be. I can sleep at night! I am making
great profits. I have STOPPED BLEEDING!
- - - Bless you! - - -
The Little HYIP Bird
******
