Browsing Category: "cep"
Bad money making news comes in three’s?…
You’ve probably heard the saying that bad news comes in three’s, well I’m in for two so I’ve still got one to go by the look of it. Firstly Colon End Parenthesis has been taken down by the SEC. As one of my readers, Martin Thompson put it “It makes pretty grim reading…” when he highlighted a post in the MMG forum.
Personally I like to wait a few days until the initial wave of disbelief and controversy have died down before finding out any more. This way I think much of the emotion is taken out of the situation and those who take the time to find out more have been able to provide some much needed level headed assessment. True to my word I waited and it does seem that CEP and it’s associated sites have now all been taken down and the likelihood of anyone seeing any refunds is as probable as me winning an Olympic gold medal at marbles.
There were many people who believed strongly in the program admin to the extent that they had invested large amounts of money with them and were relying on the returns to pay their way. Even if that wasn’t the case many people had invested significant amounts which now look to be gone in a stroke of a pen.
Yet another reinforcement of the lesson not to invest too much in any one investment no matter how stable the whole thing looks. Allied with this is the need to diversify any funds you have to spread the risk.
Secondly the admin at Market Excellence has been forced to suspend the investor pools that had been set up to take advantage of the FOREX advisories from Steve Hoven. This time it was the FSA in the UK that stepped in to ‘protect’ investors. It seems that a previous understanding of the pools as managed within BetonMarkets was incorrect and the FSA have now ruled that as pool investors had no direct control over their money that the arrangement contravened their rules. Luckily the news isn’t all bad as those investors who invest directly based on Steve Hoven’s recommendations are not affected.
Whilst I consider my options I have liquidated my funds from the pool and am using the advisories from City Beaters to do Fixed Odds Trading at BetonMarkets.
So, where do you think the third piece of bad online investing news is going to come from? Suggestions please…
Am I making Money Part II…
Well it’s half way through the year so time to step back and see how things have progressed over the last three months. The first quarter report can be found here and as you’ve probably realised by now I’m increasing the use of video to provide information so if you don’t want to read this post in full then you can hear my thoughts on this video.
As I recently posted I’ve decided not to continue with any more recommendations from Matt Shaw’s Fixed Odds Trading advisory service at Betonmarkets as the results have shown greater losses than gains. I’ve given this service a fair run for it’s money but I just don’t see it being consistent enough in it’s predictions. I know the markets have behaved somewhat awry over the last few months but for me Matt hasn’t been accurate enough in his forecasts. In somewhat of a similar fashion I’m not trading using recommendations from Martin Cornish of Market Excellence as whilst his advisories have been more reliable than Matt’s the returns on each trade has been small and consequently you are risking quite a high stake for a small return. I’m in the Steve Hoven FOREX trading pool at Market Excellence and will let this run on auto pilot.
The one bright light in the Fixed Odds trading arena is with City Beaters as I’m currently part way through my 28 day free trial period and already have 3 successful trades under my belt. The recommendations are made on FOREX pairs with returns of around 12% to 15% over a 7 day period. Also, the Nash brothers who run it provide useful updates on trades in-running and monthly advisories on currency trading in general. Well worth checking out in my opinion.
The most recent hiatus for me has been the problems associated with Colon End Parenthesis and GHPI which I reported on. It’s extremely frustrating to see what have been reliable paying opportunities suddenly stumble. The ensuing hue and cry and ill advised speculation creates a highly unstable atmosphere which in turn becomes a deepening crisis. In the case of Colon End Parenthesis the company is being informally investigated by the SEC and there is no clear indication of when a resolution will be reached. Rather more encouragingly GHPI seems to be slowly getting back on track mainly due to the efforts of the admin who seems to go the extra mile for his clients. That’s not to say that I think he handled everything in a wholly professional manner when things first started to go wrong but reading between the lines he does seem to have been reacting to negative elements from some members.
On a more positive note my recent post about CEP Coast does show that there is still opportunity to earn whilst some of these issues are being resolved.
Still waiting for the first bonus cheque from Shop Right (first promised for October 2006).
Still very much medium to long term both Sharndor and Divinius Opulentis are moving forward slowly.
On the gold front I was encouraged to see a recent press report from Goldman Sachs that predicted the price of gold rising to $1,000 an ounce (currently sits around $615 an ounce). So my regular contributions to Bullion Vault may well prove a sound move. All the reports I see about precious metals are bullish so it’s probably a good idea to hold a small portion on funds invested here.
Another program that is taking some time to re-establish itself is Fantastic Pay as they transition to Pot of Gold Real estate. Reading the forums you again get a mix of optimism and pessimism and whilst I can understand people’s needs to hear news both good (preferably) or bad there’s little that can be done until the admin decides otherwise. Another one where patience is very much a virtue.
In the last review I noticed that Global Pension Plan was approaching 50,000 out of its 100,000 target for membership. So, in the last three months over 20,000 members have joined, encouraging news to say the least. One small personal disappointment for me was that when I ran a competition with a prize of a full Global Pension Plan membership I didn’t receive any entries so I still have two memberships available (hint, hint). Recently I wrote a post about Imperia Invest which is a Traded Endowment Policy (TEP). For an investment of $50 you have the potential to earn $134,000. Thanks to Don Mills for spotting this one.
Overall I think you could say that my results have been relatively disappointing and I am now waiting for others to resolve various issues before I can see any real positive movement. However I should repeat that I am in this for the long term so onward and upward!
It’s clear from the above that relying on others to provide a steady passive income has its drawbacks and whilst I’ve always known this to be a risk I had never found a business that I wanted to get involved with so that I could have some influence over my own destiny.
Recently that has changed with my joining the MyVideoTalk business as I truly believe that there is a huge market potential for their products. Starting at just $5.95 a month you can send full colour video emails to family, friends, business associates, clients and prospects. Couple this with user friendly web based video conferencing starting at $69.95 per month for 5 users and you really have a strong stable of products. More exciting developments are in the pipeline so the future is really bright. I’m looking for a select number of people to join the business as my associate. If this sounds of interest please send an email to me here
Making money at CEP
If you read my post a couple of days ago and watched the attached video you’ll have heard me mention the problems currently facing ColonEndParenthesis. They are subject to an informal investigation by the SEC in the US. This means that all fund transfers in and out have been stopped until the investigation is complete and current indications are that this won’t be a quick process.
The reason I mention this is that whilst a lot of attention is being focused on this issue the other businesses in the group are being somewhat ignored. It occurred to me today as I was surfing at CEP Coast that the daily returns have recovered well from the short period that they dipped following the initial news of the investigation. Yesterday’s return was 2.21% which I find very encouraging. I’m not a member of Coastin 88 but I believe there has been a good recovery there as well. So, whilst not everything is rosy in the garden there is no immediate need to panic about things and whilst the results of the investigation are awaited you could do worse than invest some funds in the surfing sites.
As a alight aside I have been amused by one of the sites that regularly shows up on CEP Coast. It is recommending a FOREX trading course and like many similar offers it warns readers that the total number of places on the course is limited to 1000. As a way of ‘encouraging’ people to sign up it shows just how many places are available. For at least the last week this number has been 512 and I was beginning to wonder whether anyone else would ever join. Well today I’m glad to say that all the marketing has showed a result as the number remaining has now dropped to…511. Ah well, I guess they’ll keep plugging away.
What happens if money stops flowing…
Something a little different today. Rather than me typing away on my keyboard I’ve seized the mantle of new technology and would encourage you to click on the following link:
What happens when online investments stall
There’s reference to another site mentioned and the link for that is here. I’d encourage you to find out more by entering your details, it costs nothing and could be worth a lot.
CEP – Golden Opportunity to make money…
Some great news in from Colon End Parenthesis (CEP) as they have decided to open for new members again for one week only starting on Friday 06 April.
If you haven’t already done so I would strongly urge you to join Colon End Parenthesis (CEP) as they are a stable company and are making regular payments. If you are unsure about investing money then don’t worry as there is no time limit on when you need to make a deposit. So, you can safely join as a free member, head over to the forum and just check things out until you are 100% confident that you have made the right decision
Colon End Parenthesis (CEP) have made the announcement today so that you have plenty of time to prepare. Don’t forget that this opportunity will only be available for one week from Friday 06 April.
It will be some time before they decide to open membership again. If you want to learn more about what Colon End Parenthesis (CEP) has to offer then head over to my post of February 12th where all will be revealed.
I know this post may sound somewhat pushy but I truly believe that you may miss a great opportunity if you don’t join this great program when the limited membership window opens.
Am I making Money?…
In my post The Ups and Downs of 2006 I reviewed where I was in relation to the investments that I was actively trading at that time. Now, at the end of the first quarter of 2007 I thought I’d do another quick review to see what progress, if any, has been made in the past three months.
I’ve not really done any more with my Sports Arbitrage trading at Risk Free Profit as I’ve maintained my focus for active trading on Fixed Odds Trading using the recommendations from Matt Shaw and more recently the Market Excellence service from Martin Corkish. Overall results have been mixed as many of Matt’s recommendations took a dive in the early part of the year. Things have started to improve but I am still using a fairly conservative approach where his recommendations are concerned so that I limit the risk even more. I’ve explained previously that Martin uses a very conservative trading strategy so whilst his recommendations have traded well the returns are fairly modest.
As a way to increase the returns from Market Excellence I also joined the trading club where Steve Hoven makes trades on FOREX. Unfortunately as soon as I joined the results dived and March has been a fairly disastrous month. The one good thing is that I am guaranteed to make a profit before any more fees are paid so I am hopeful that April will start to turn things round.
My account at FXIG has now been moved to Sharndor and it has taken some considerable time for funds to migrate across. The trader has resolved to expend all his efforts on bringing the trading back to profit as soon as possible but there is always a threat that impatient investors may scupper his plans. Luckily I was able to recoup more than my original investment so I’m now using profits when and if trading resumes. Again time has been somewhat unkind to Divinius Opulentis as progress was expected before now but fortunately some good news right at the end of March should see things accelerate in the very near future.
One of the shining lights in the last quarter has been CEP Coast and the whole CEP family of programs. CEP Coast continues to pay out at 2%+ a day and as I reported in mid-February they are now in a position where the returns are guaranteed. If I was starting out in online investment I would make sure that CEP Coast was the first program I joined.
Whilst I’ve been happy with Fantastic Pay as an investment they have encountered problems and are currently working through the resolution of these. This is not a major area of concern as I’m positive that they will come through and be stronger for it. Investors are still waiting for the first bonus cheques to arrive from Shop Right so performance here is somewhat below expectations. Having said that the organisation is still marketing strongly and provides a very positive outlook.
Since the New Year I’ve also started to invest in gold by way of Bullion Vault and GoldClaim although the offerings from both are different. With Bullion Vault you can purchase gold directly and it will be held in the vault of your choice in London, Zurich or New York. I make a monthly payment so that over time I hope to have a reasonable portion of my investment here. On the other hand GoldClaim use the money you invest for projects that they are involved with. At the the end of a defined period the aim is to return your funds and profit so that you can then buy gold coins. Recently the Admin advised that payments were being suspended for 120 days due to problems with banks so I would caution anyone thinking about investing in GoldClaim to hold fire for the time being.
Another worth an honourable mention is Global Pension Plan as is it fast approaching 50,000 members and the forecast is that the 100,000 target will be reached in September this year.
So, what’s the verdict for the past three months? Well whilst some programs have performed well others have under-performed so I would say that I haven’t advanced as much as I’d hoped. This doesn’t mean to say that all is lost, mine is a long term strategy and I can see very positive signs in many areas. Let’s see what the next three months brings.
Expansion by Acquisition…
If you read the Latest News section for last week you’ll see that Colon End Parenthesis (CEP) acquired 4NewbiesMarketing recently. Subsequently there was an announcement that they are also acquiring DesertSkyMarketing as once again they see potential for expansion and believe the site admin is someone that they can work with for the future.
Now, of course there are questions raised by such a move on behalf of Colon End Parenthesis (CEP). Whilst it seems an accepted way to increase exposure and increased membership it does mean that anyone seeking true diversification would now have less choice.
On a fairly subjective level it seemed to me that DesertSkyMarketing was visible in the Market Place and therefore probably attracting members still. I’m sure the Colon End Parenthesis (CEP) admin has good intentions as from everything I’ve seen the company has honoured all of their commitments. Let’s hope the integrations go well and that the reduction in diversification opportunities can be offset in other ways
CEP Closing Today…
Well it’s 01 March and Colon End Parenthesis (CEP) are beginning to push that door closed to new members as I write. If you’re lucky you will just make it.
I appreciated a comment from Hema of the Make Your Money Grow blog who warned me to be careful in putting money with CEP as they felt that the return of 2% a day is unsustainable. The way I look at this is that I’ve been burnt badly in the past and so I fully appreciate that a program like this does carry risk.
In fact I was somewhat disturbed to read at the CEP Forum that a prospective member was asking whether they should take out a loan to invest in the program. From the rest of their post it was clear that they had very little money available to them and they thought that this would be a way to solve all their problems.
In this sort of situation I would definitely advise against anyone in taking such a course of action. It doesn’t matter a jot how honest a program admin might be as in many cases programs have run into serious trouble due to external problems. It has to be realised that any online program carries a higher degree of risk than many main stream bank deposits for example.
The higher risk does bring with it the potential for higher reward but no-one can forsee the future, so whilst it’s probably boring to read it again it is imperative that if you are considering an online investment you should never invest more than you can afford to lose. So, don’t risk the rent money, the mortgage payment, money for food, money for your children or any other essential payments that you need to make to stay solvent.
I have invested with CEP and I strongly recommend that you do too but only with what you can realistically afford. And, if you’re not quick the temptation will be gone anyway…so perhaps it won’t matter!
Time slipping away…
Time seems to be flashing past at the moment. I just wanted to remind people that Colon End Parenthesis (CEP) closes it’s doors to new members on February 28th (less than a week away!). Just to remind people the site pays 2% a day on two plans. Plan 1 lasts for 365 days with a minimum deposit of $20 and Plan 2 lasts for 180 days, again minimum initial investment is $20.
You need to join Plan 1 before you will be allowed to join Plan 2 but once a member further upgrades can be purchased for $5 each.
One thing you must remember is that payments can only be made through a CEP Trust account but this is not difficult to set up. As I mentioned in the latest news section CEP Trust are now only charging 1 cent for transfers from E-gold for the foreseeable future so you don’t have much of a penalty when bringing funds across. The company has also decided to waive fees on cheques (or checks if you talk US) from today until the 15th March so another way of funding at minimal cost.
If you want to learn more about the plan then take a look at the CEP Forum where you will find much healthy debate and useful information.
DON’T FORGET FEBRUARY 28th IS THE LAST DAY TO SIGN UP…
Grab this Opportunity now…
There is a new window of opportunity to join CEP (Colon End Parenthesis) until the 01 March 2007. And why would you want to do this I hear you ask? Well as I said in my last post the CEP family of products are very quickly getting to the situation where there is very little risk in them being able to meet their commitments to their members.
In fact CEP has reached the position where they admit to making double the amount of money each day that they need to pay to members so this is indeed a great deal for those who take the opportunity to join. You can join for free and then decide whether to upgrade. The initial investment will be to plan 1 (minimum $20), thereafter you will be able to join the other plans that are available.
Plan 1 lasts for 360 days and you receive 2% per day, the only other plan open at the moment is plan 2 which lasts for 180 days and again the return is 2% a day.
So, if you want to secure a place where your return is in safe hands then you should join CEP today. Please note that you must also have a CEP Trust account as this is the only payment processor they use. For details of each plan see the following table:
