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Money Talk > Money Making Opportunities

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nomav6
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PIPS  Reply with quote  

anyone ever try this site out, other then nayslayer?
http://www.i2ko.com/PIPS/How_Pips_Works.htm

money talks, but all its ever told me is good bye
Post Fri Jul 30, 2004 5:06 pm
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nomav6
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not trying to say that I dont trust him, just wondering if anyone has tried it out other then him.

money talks, but all its ever told me is good bye
Post Fri Jul 30, 2004 5:21 pm
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aaron1651
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yeah im also involed in PIPS and i love it..If you have any questions just email me
Post Mon Aug 02, 2004 5:58 pm
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azra
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i also join pips
Post Thu Aug 26, 2004 2:44 pm
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Andrew
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Azra, hope you will keep us posted on how it goes. Welcome to board, by the way!
Post Thu Aug 26, 2004 4:09 pm
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nayslayer99
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Hey Andrew,

PIPS is still going strong. I'm making over $350 per trading day now. You should really consider getting yourself a position. PIPS is not a fly-by-night operation as you've probably figured out by now.

William Very Happy

Post Fri Aug 27, 2004 2:28 am
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nomav6
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I've made up my mind, and I'm going to join as soon as I get somethings paid off, I have no clue when thats going to be though, lol

money talks, but all its ever told me is good bye
Post Fri Aug 27, 2004 1:45 pm
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nayslayer99
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Hey nomav6 that's great! I know you will not be disappointed. I'm looking forward to next years convention in Hawaii. It's going to take place in March of 2005. I missed the convention this year in Malaysia, man I really wanted to go but had prior obligations. I won't make that mistake again next year. My Calendar is clear for the month of March. lol

William Very Happy

Post Fri Aug 27, 2004 10:22 pm
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Bid-Palace
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Pips  Reply with quote  

Hello,

I joined yesterday and excited about the possibilities. I checked out everything about the site and read the forums and looks to be the real thing unlike most HYIP's that have scammed everybody. I'll see how it goes but looks promising.

Take Care,

Bid-Palace

Why Not?
Post Sun Aug 29, 2004 2:45 pm
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UnXpected
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Sorry to say something Bad. Crying or Very sad

Just to confront something.

If someone new started today and never recruited anyone and no one else every joined could that new person earn money?


The site above is funded by new guy paying their monthly fees. No new folks, no money coming in to pay YOU. However your money will pay those above you in the pyramid.

There is no product, there are folks throwing money into a pot to pay those above them.


quote:
it's actually a ponzi money scam (ponzi is often associated with investment pyramid scams). Where they promise you a ROI -- for your money -- then pay you back money, at a return, that is promised -- of course, the return comes from new recruits and once there are no new recruits, the interest can not be paid and the ponzi scheme falls apart.


I may be wrong. Cool - Up to you to research.

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Post Mon Aug 30, 2004 2:21 pm
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Bid-Palace
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reply to ponzi  Reply with quote  

I am very familiar with ponzi's for most hyip's use them but believe this is different because they invest all deposits into diversified stocks. Also, ponzi's are illegal and this organization has a liscense, wires money through banks, conventions all over the world, and traces of their activity everywhere. I do not think a ponzi scheme could get away with that. I could be wrong but banks and governments wouldn't allow this to happen and the person responsible would be hiding somewhere. Think about it and let us know what you think.

Take Care,

Bid-Palace

Why Not?
Post Mon Aug 30, 2004 2:55 pm
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I have do some research and tok to some frez about it for you and will give you a more detail view of it.

quote:
HOW PIPS WORKS

There are two plans. The monthly plan costs $170.00 per month and becomes self-funding after your third monthly instalment. You may also pay a one-time fee of $450.00 and becomes self-funding immediately. A self-funding account earns enough to cover monthly fees and in future months, generates larger and larger returns. With PIPS, you are in control of your future. your Trust Account and $10 goes into YOUR BONUS

$450 Plan

$10 is deducted from the $450 and is passed on to your sponsor each month

$15 is deducted by Pureinvestor to reimburse them for setting up your account and help pay for overhead expenses. (The staff, equipment costs, building costs, utilities, etc. must be paid).


let's look at the little money here... From the site...
One Qns here - what Mutual fund do you invest in that has a FRONT load today? None -- right -- and if there were, you would not invest. There are simply to many GREAT funds and investments out there that do not charge you up front (they have a overhead factor built into the fund that is required to be publicly stated).

See this
quote:
The first day of month 3, $10 of the $170 goes to your upline, $10 goes to PI for overhead, and $150 is used to purchase another 6 units for your account.


How they make $$ to pay you?? We just don't know exactly how it's working.
No real products or services or real investments, it's just a money game where you get more people to sign up, hoping to make money .

Now you think about it - they are promising 17 units, for $425. 17 units earn $0.475 per unit/per trading day. That's a return of 40% a year on your investment. When you can borrow money for 5% right now, what legitimate business/company/person is going to pay 40% to use this money? They are not -- it's impossible. So, they have to get that 170 return from somewhere? Right? Maybe you can tell me WHERE?

If I give you $425, can you give me back $595 in a year? The best investors in the world can't do that very often. And, this site is not even telling you what they are investing in! Rolling Eyes
(Maybe they are the BEST of THE BEST INVESTORS)
Pips Earning - How they do it ?? - Fat Hope!

Maybe they are the Top investment company(which i don know) BUT look at these Top company return


LOOK at their license - Offshore ????
I am still wondering how well have they cover all the loopholes?
Look at this - "TEN INDICTED IN OFFSHORE TAX SHELTER PROMOTER SCHEME"

Have you see where they are registered ??? Labuan Offshore Financial Services Authority ??? Malaysia
Look at this Map - What are they really investing?? What can we find they ??

Try to find out if ANYTHING is being invested and in what. Wink


Maybe i am wrong but is still up to you to research and find out.

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Post Mon Aug 30, 2004 11:54 pm
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UnXpected
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Read these!

quote:
http://www.goldhaven.com/articles.htm
http://www.goldhaven.com/SPMicropalBR.htm

A very good piece on how off shore is illegally promoted with guaranteed returns and high rates of returns (a must read)!!!

http://www.goldhaven.com/Sharks.htm


Again, I hardly find one legitimate offshore investment that has "significantly" higher returns than I could get.

One last thing --- be sure you keep track of any earnings from this account. You are required by law to report them to the IRS (different from what they tell you)...
http://www.falc.com/newpress.htm
quote:
Despite claims that taxpayers can avoid paying taxes through the transferring of assets into offshore trusts, the taxpayer still has to alert the IRS. Schedule B of Form 1040 asks you if you have interests or signature authority over accounts in a foreign country. Answer in the negative, you have committed criminal fraud. Answer in the affirmative, you are inviting an audit.


Just to remind you.
Considering offshore as an "investment" I would be sending money there BUT I would AT LEAST know the personal account managers and the "companies" they are investing in BEFORE I sent a dime.
In the US, ppls actually know what companies are using the investment dollars (by SEC regulations).

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Post Tue Aug 31, 2004 12:02 am
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Bid-Palace
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Why Don't You...  Reply with quote  

Go to the Pips forum and post this and see the responses you might get. Maybe you could get a better answer. People are retiring off of this.. Have you seen any other program like that. They also invest into the programs too. I think they just might know what they are doing. Let's say that they do invest in stocks, bonds, property, etc which they do. The more money that goes in.. the more money that can be made. Is it possible that for once members are earning what they deserve to earn. Maybe, all those investor companies only pay us a small percentage of what they really make so their employess, offices etc etc can be paid for. This way takes out a lot of those things. Good investers make 5% avg a day including losses so to pay 2% is not too hard to do. Yes, it is high risk and yes it sounds too good to be true but maybe it is true. It appears to be making people financially independent. Yes, members are responsible for reporting their taxes, they do state that. I also do not believe a program using the method you describe would last this long.. considering people are retiring off of it. Thank you for your concern and hopefully what you say is not true but believe this is something that will make history for a lot of people.

Take Care,

Bid-Palace

Why Not?
Post Tue Aug 31, 2004 12:43 am
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Andrew
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William, thanks for that extra info.


With respect to the PIPS debate and whether to trust them, nobody really knows what will happen in the future with this particular investment program and even they claim that they are investing and that investments can go down, but they have been around awhile and have a forum that appears to be full of real people that are pleased with the system, for what that's worth. The information that descibes who is investing in what and when, I haven't found, perhaps someone with PIPS has more detailed information they can share.

The aspect of PIPS that it has in common with the MLMs seems to be a tiered affiliate program to promote the system, with the main financial aspect being the investment side. Although one of my questions is how significant is the sponsor bonus to the program. Can anyone who participates give their point of view on this?

I'm tempted to join and to chart my progress as a project, and I just might try it sometime. Don't invest money you aren't ready to kiss goodbye! This is certainly one to watch in any case...

Here's a member of their forums explaining how the money flows for one of their investment options...

quote:

$450 “Up Front” Plan

1) $10 is deducted from the $450 and is passed on to your sponsor each month.

2) $15 is deducted by Pureinvestor to reimburse them for setting up your account and help pay for overhead expenses. (The staff, equipment costs, building costs, utilities, etc. must be paid).

3) $425 is used to purchase 17 units for your account. Reinvestment is set to 100%.

4) Each trading day of their 180 calendar day active period your 17 units earn $0.475 per unit/per trading day (Mon-Fri) which results in a ROI of $8.08 per day for month 1 which accumulates enough to pay month number 2's $170 fee.

5) The first day of month 2, $150 of the $170 purchases another 6 units that are added to your original 17 units bringing the total to 23 units. $10 goes to your upline and $10 goes to PI to pay the overhead mentioned in item 2 above. ($170-$150-$10-$10=0)

6) Your 23 units earn $0.475 per day during month 2, earning $10.93 per day with $8.10 going into the Reserve Fund and $2.83 going into the "Pool Fund for reinvestment". When the accumulated $2.83 per day in the Pool Fund for reinvestment exceeds $25, PIPS will automatically purchase another unit for your account. (These “Funds” are found on the View Stats page of your PIPS account).

7) During month 2 your Pool Fund for reinvestment will accumulate enough funds to purchase 2 additional $25 units, however, the second unit won't be purchased until about the last trading day in month 2.

9) The first day of month 3, $10 of the $170 goes to your upline, $10 goes to PI for overhead, and $150 is used to purchase another 6 units for your account. Your account begins month 3 with 31 units: 17+6+2+6=31. By the middle of month 3 your accounts value has increased from $425 (17 units) to approximately $850 (34 units) and the units are really beginning to come faster and faster unless you have changed your reinvestment percentage to something less than 100% in order to withdraw funds. And the cycle continues.

http://forum.pureinvestor.com/phpBB2/viewtopic.php?t=5127

Post Tue Aug 31, 2004 2:45 am
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