Browsing Category: "ptv partner"
PTV Partner come clean (or dirty perhaps)…
So, now we know PTV Partner has made it clear that they cannot survive and they will close up immediately. When I first read the start of the latest update I knew almost immediately what would follow. It seems that recently each program admin has adopted the same approach…we tried…we failed…we’ll try and pay back to those who are not in profit!
Personally I can’t moan too much as I did receive a good return on my original investment so I’ve done okay. I’m disappointed that it won’t continue as the plans provided a good return and could have formed part of a stable rising income in the future. But that is not to be.
I do feel sympathy for two groups, firstly those people who invested additional funds into the gold project. I’m not sure that they will get their money back, hopefully they will but my head says they may be disappointed. Secondly I think that the chat room moderators have not been treated that well. From the conversations I was involved with I do believe that they had the interest of the members at heart and they have now also been let down.
If PTV every returns then clearly it won’t be the same animal and it is unlikely that it could survive in that form anyway.
If you are a member and you made a profit then the best thing would be to give thanks for that and move on. If you are one of those who are still to make a profit then I hope that you will be recompensed as promised, again best to move on and not take this disappointment too much to heart. Use what you’ve learnt to colour your decision the next time you invest.
PTV Partner have a key few days ahead of them…
Anyone who has been following the fortunes of PTV Partner will be keen to see how things turn out in this coming week.
In their last newsletter they made the assertion that all pending payments would be up to date by cob Tuesday 27 April. This will be a key barometer of just how well the company has overcome the recent challenges they have been facing.
Assuming that this target is achieved the next key objective will be the plan to take the programme private. The aim is that this will be completed in the next two weeks.
All investors who want to participate in this next chapter will have to sign a Non-Disclosure Agreement (NDA). This approach seems to be one that is being adopted by several online investment opportunities. Hopefully this will provide greater security and accountability going forward.
Once the programme has gone private only existing members will be able to invite new ones in to the programme. This will provide an element of validation and ensure that if problems arise there will be a direct route to sort things out.
The other big change to the programme is that going forward the only plan available will be the Prestige one that pays 190% after 40 days. This means that any new deposit will be a minimum of $200.
I’m confident that PTV Partner will overcome these latest problems and look forward to a long and prosperous association going forward.
PTV Partner expose the fallacy of OPM…
In the world of online investing there are several well worn mantras that are repeated endlessly. Examples include ‘never invest more than you can afford to lose’ and ‘diversify investments to spread the risk’. All good advice.
Also repeated often is ‘recoup your investment as quickly as possible and then relax as you are using Other Peoples Money (OPM)’. So the theory is that once you have withdrawn your original investment you can become emotionally detached from the programme as you are no longer risking your own money. Fine in theory but I’m convinced that practice is completely different.
PTV Partner is a shining example of what I mean. Now I don’t have the official statistics but I’d bet money on it that most (and I’m not saying all) investors with PTV have already withdrawn their original investment. So the theory would then go that whatever happens to the programme we won’t get too hung up and give them time to sort things out.
I bet if you ask the admin Garrett whether this is how things are currently playing out he’d come back with some pretty harsh realities.
Instead of becoming emotionally detached from this OPM a lot of investors are crying out THIS IS MY MONEY AND I WANT IT NOW!!!!
In a recent newsletter Garrett bemoaned the fact that there are an unprecedented level of withdrawals currently in the system and they are struggling to cope with fulfilling them. In effect there is a virtual run on the bank.
To say that I am disappointed in this behaviour would be an understatement. PTV have treated its members much more fairly than pretty much any other investment I know of and yet they still get turned upon.
I’ll be the first to admit that I don’t understand all the ins and outs of the current problems that PTV are suffering from and I’m not able to guarantee that this won’t cripple the programme but at least I’m prepared to give Garrett and his team a fighting chance to sort things out.
At times like this Garrett will find out who his true friends are…will you be one of them? I know I will.
I do accept that Garrett has made mistakes, his latest newsletter announces a short term opportunity for those willing to invest $2,000. To me that was a serious PR mistake as this tactic has been used by other programmes that were close to collapse in a vain attempt to prolong things just a bit longer. Is this what PTV are also trying to do? I hope not but only time will tell.
My original investment was around $800 and I have recouped that and more so I truly am using OPM. Hopefully the programme will survive and I can continue to do so. If you are in a similar situation then I’d ask you to do the same.
PTV Partner Admin speaks out…
In a recent post I made the argument that Online Investment programmes needed to tidy up their act and be more honest and open with potential investors.
In a somewhat similar vein Garrett, the Admin of PTV Partner has made clear some of his views on the world of online investing and ecurrency providers in particular. In an interview at Money-News-Online Garrett provided his thoughts on the progress of his own programme and what some of the plans are for the future.
It’s refreshing to see that this venture is laying down a standard for others to follow. Of course a successful programme like PTV Partner cannot rely upon one person alone and he took the time to introduce the various moderators, administration and IT support that is involved. From personal experience I know that both the forum and chat room are very active places and there is always someone available to answer your questions.
It’s clear that Garrett has clear plans for the future and this involves providing access to other banking facilities such as bank wires which is nearing completion. You can tell from the interview that he appears to be frustrated with payment processors in general and is working to make them more accountable and responsive to members.
He also mentioned that 70% of investments are in the Prestige Plan that pays 190% after 40 days (this includes the principal). I don’t think this is any big surprise as the stability of the programme provides greater confidence in the ability to deliver on the returns they promote. I assume that other investors are working their way up to when they can take advantage of the Prestige Plan or perhaps they are happy with the shorter timeframes and reduced returns.
One thing that Garrett was rightly cautious about was divulging too much about other investors involved and he did admit that his voice is altered when he broadcasts as he knows that being identifiable can bring its own problems. This is something of a two edged sword of course but in this particular instance I believe he is doing it for the right reasons.
As PTV Partner develops and matures I will be making plans to invest more significant amounts as I believe that there is a high degree of integrity surrounding this particular opportunity. Even so I wouldn’t put all my eggs in one basket as we have seen too many examples, and some very recent, where legitimate programmes failed for one reason or another.
Full Steam Ahead to 2010…
Rather than copy everyone else and look back at 2009 I thought I’d take a look at what 2010 will be like for those who invest online.
I’m not necessarily going to make predictions, more a view of what I feel will prove profitable through the year. My recommendations are a purely personal view and you may well think differently. Why not add a comment so that we can spread knowledge wider.
Firstly I’d like to mention the Prosperity Game as this is due to go live with a website early in 2010. Until it officially launches the investment needed is just $150 and you only need 1 other person to come along with you for you to make a return. The philosophy behind the Prosperity game is one of Pay it Forward and I think this will propel this opportunity forward throughout the year. I’m hoping to benefactor some people in throughout the year so stay tuned for more details.
Next, one of my favourites, Sports Arbitrage Trading. Both Gold Nugget Invest and SportArbs look strong contenders for 2010. As I write SportArbs is very close to its 1,000th member and don’t forget that Gold Nugget Invest is looking to go private in early 2010 so well worth checking out in the very near future.
Another strong contender for 2010 in my opinion will be PTV Partner. They continue to deliver on their investment plans and I’m expecting good things in the coming year.
Now, how about an opportunity I’m still pondering over, TVI Express. My worry is that all the publicity is about how to refer others and earn money rather than showcasing the products and services you get as part of your subscription. Having been burnt on a similar opportunity a few years ago I’m still not that convinced and I’d welcome any constructive comments from readers.
Finally, I believe QCOOPERS is an opportunity that shows promise. It might take a little while to come together but likening it to a horse race it is definitely an outsider with potential.
Enough from me, now all it needs is for me to wish everyone a Happy and Prosperous 2010.
New website for PTV Partner goes live…
After what seems a long protracted process the new PTV Partner website is now uploaded. This has been quite a while in the making and in fact the upload has been postponed several times to make sure that everything is working fine.
Now, I am a big fan of PTV Partner but to be honest I’m not sure that the new design is to my taste. The background is black which I always find a little uninspiring. There are some good images on both the homepage and inside the site itself. In my limited testing there are still a few things that don’t work fully but I’m sure that these will be smoothed out soon.
Luckily, the investment plans are still in place and this is really the most important thing. You have the option to invest in up to 4 plans:
1. 110% for 10 days
2. 125% for 20 days
3. 145% for 30 days
4. 190% for 40 days
All above are business days.
There is a very lively chat room facility where you can take part in the more social side of the venture (although questions about PTV Partners are always welcome).
One good thing about PTV Partners is that you can join without necessarily making a deposit straight away. This will allow you to access the chat room and participate.
If you are something of a party animal (especially at Xmas) then you should know PTV Partner will be holding an online party on 22 December.
If you decide to make an investment the choice of processors is good with Liberty Reserve, Global Digital Pay and StrictPay available.
P.S. Don’t forget to check out my post of 19 December to have a chance to win one of 2 SportArbs accounts
“It’s comin’ on Christmas they’re cuttin’ down trees…”
“It’s comin’ on Christmas they’re cuttin’ down trees…”
The opening line of Joni Mitchell’s song River reproduced here conjures up for me the true feeling of the season. It’s not a typical Christmas song but for me it evokes the true Christmas spirit, a time to look forward to and to share in the earth’s bounty.
Of course it also means the giving and receiving of gifts and that’s what I’d like to concentrate on, at least the giving part.
When you find yourself stuck for ideas why not take a leaf out of Bob’s book and use online investing to help share the joy of Christmas. Bob has a dilemma. He is unsatisfied with giving the usual presents to his family so decides this year to be a little more creative and put a real smile on his family’s face.
Firstly there are the two kids, Jack who is 18 and Ann who is 22. Like his sister before him Jack has just started a three year course at university and he is full of the promise it holds and is actively participating in the social life as well. One thing he isn’t thinking about is the student loan that he receives to see him through his course. This will leave him with a sizeable debt when he graduates.
Ann, on the other hand has already graduated and with some careful budgeting and some part time work she has left University with a relatively manageable loan outstanding. The problem is the recession has severely curtailed any job opportunities and she is struggling to start the career in business that she was hoping to. This has prompted her to travel, so for the whole of next year she is off to follow the path taken by many others and see the world. When she returns hopefully the job market will be better. Then she might think about settling down and buying her first property.
So, how can Bob help? Looking at the investments he has he decides to invest $50 on behalf of each of them in a CashTanker account. This pays 2% a day and as the money won’t be needed straight away Bob opts for 100% compounding. The programme is due to close on December 25 2011 so assuming 220 business days a year and 440 days in total the return for each of his offspring would be over $300K. This should be more than enough to clear Jack’s student loan and also help Ann put a deposit down on a property, although secretly Bob hopes that Ann will just rent a property and use the funds to start her own business as they’ve discussed in the past (Bob’s wife, Judy is keener on the property purchase).
Bob and Judy have been married for 25 years and whilst Judy has not always had the faith in online investing that Bob has she suffers his ventures gladly hoping for a profitable outturn. Bob wants to thank Judy for all her support so decides that he will invest $50 in a Traded Endowment Policy with Imperia Invest. He knows these are available until 01 February 2010 and are scheduled to payout the $134,000 return in the middle of 2010. This would allow Judy to really spoil herself. With another $50 he decides to open an account at Sport Arbs. This has a variable return but is usually at least 2% a day minimum. As they trade 7 days a week the growth could be significant and will provide an nice nest egg for the future.
Lastly Bob has to think about his parents, Terry and Liz. They are both recently retired and whilst they have made reasonable allowance for their day to day living it’s unlikely their funds will provide them with a luxurious lifestyle. Bob appreciates all the sacrifices his parents have made over the years on his behalf and feels that he would like to provide enough funds to help them spoil themselves from time to time. Perhaps a meal at a top restaurant or the odd weekend away in a nice hotel. Looking at the opportunities available he feels that PTV Partner offer the ideal solution. He decides to invest $200 on behalf of his parents in their 40 day plan that pays 190% return. So, every 40 days they will receive $380. It will be easy for them to save up for the odd month or two so that they can easily afford those odd luxuries now and again.
As Bob sits back in his armchair he is pleased with his plans and knows that his family will definitely remember this Christmas for years to come.
Postscript: Of course we shouldn’t forget that any income received may be subject to tax so don’t forget that if you have similar plans to Bob. Take some advice from a good tax accountant.
PTV Partner proving its mettle…
Any online investing programme has to prove itself very quickly. As with any new offering there is an initial honeymoon period where investors tolerate a few ups and downs but that doesn’t last long.
If problems persist then the word spreads very quickly and problems escalate. Luckily PTV Partner has bucked the trend and is going from strength to strength. In my opinion much of this is down to the fact that the admin and his team provide a variety of communication channels for the membership. Not only that they also provide timely and relevant updates.
One example of this is the new PTV Partner website. It has not yet been installed even though previous notifications said that it would be here by now. Rather than let malcontent fester the admin has continually updated members on the situation and explained that more work is needed to close vunerabilities that have been found during testing. To me this shows that this programme is planning to be here for the long term.
In an effort to engage the membership PTV are currently running a weekly contest on the forum based on a random draw of birthday months. For those who are winners they receive $40 into their withdraw account. The great thing is that you don’t have to have invested any money at PTV but you must have created an account. Sadly, many entrants are choosing to ignore the rules in how to enter which to me seems rather lazy but it does mean that the chances of a win increase for those who comply.
The programme has also recognised that at this time of year many programmes falter as members make sizeable withdrawals to cover Christmas expenses. The admin has stated that this will not be a problem as the programme does not depend on new deposits to survive.
I’ve already had two investments mature and the associated withdrawals went without a hitch. I have no hesitation in recommending this programme as it displays a high level of commitment and integrity.
For those who may be new to PTV Partner there are four investments:
- Introductory 10 days for 110%
- Advantage 20 days for 125%
- Leverage 30 days for 145%
- Prestige 40 days for 190%
Each plan returns the principle at the end and is included in the percentage return shown above.
They accept Liberty Reserve, StrictPay, Global Digital Pay and Perfect Money.
Online Investing round up…
There have been quite a few things happening in the world of online investing over the last couple of weeks so I thought I’d do a quick round up of what’s happening.
Let’s start with Global Pension Plan. After announcing in the summer that the necessary 100,000 policies had been purchased things went very quiet until a new post on their forum appeared this week. Unfortunately the update wasn’t that edifying and it now looks as though they are pushing to sell the outstanding 25,000 or so additional policies that were made available. At €10 per policy they still represent great value for existing members so hopefully it won’t be too long before they go.
Next up is Thirty Dollar Unit. Whilst this seems to be as painful as pulling teeth a new announcement on the forum gives hope. Even though some members are finding it difficult to follow instructions the admin has said that payouts will commence in the week before Christmas except for those members who still have problems.
In a recent post I mentioned that Imperia Invest had published their payment schedule and that it will still be possible to invest up until February 2010. Again, the $50 investment for each TEP has the potential to provide significant rewards and is well worth investigating.
Two recent programmes that I’ve posted about, Gold Nugget Invest and PTV Partner, have started to upgrade both hosting and websites. Both of these programmes have impressed me with their professional approach and it’s looking good for the future.
The ever oblique HCI25 are hosting the first of several meet and greets with users who have qualified by referring more than 12 investors to the Reverse Pension Plan. The get together is in New York and all of us who haven’t qualified are eagerly waiting for some news that will put some meat on the bones of how well managed the company is. With less than 400 RPP contracts left (again a great opportunity to invest right now) there should be some good news coming shortly…let’s keep the faith for now.
Okay, so that sums things up for now!
