Mr. Careful

December is coming - hold your breath.

2006-11-26T01:05:00.000-08:00

Nothing overly interesting going on these days as some major re-shuffling is going on in many areas. December should tell quite a bit as the many Udachu program refinements are put into play. Investors have been informed that this has been done to comply with investment regulations springing up in major nations. I'm in three Udachu programs and feel we are being given the straight story. There are a few doubtful who think it may be part of a scam. Naturally I hope they're wrong. The developers of the Udachu programs could have skipped out much more easily if that was their intent. They are run by a quite brilliant guy and he may be ahead of the pack in his re-organization effort.

In these dull days the bright spots continue to be my "long-shots", the programs paying quite a bit higher than the norm.
I'm doing very well in CEP, withdrawing for three straight months, well into profits.

I'm compounding with Paid To Surf as the slow-up on some of my supposed solid programs haven't spun out the funds I wanted to use for investing. But they pay so well that I may be able to start to withdraw quite soon. They are also making changes in December also, modernizing the web site and they say they are going to broaden the investment base. Up till now they are totally in surfing situations and feel that area may be slowing up and want to keep the money working. They've never had a month under 10% and usually go much higher so it's been a pleasant ride. December will be interesting.

My Club FX Trader investment is still pumping out 1% a day on market days, topping out at 20% per month. It seems
hard to believe but he's been doing it for quite a while. I'm glad I'm not a Forex genius because most of them say that 1% a day isn't possible in a long run. However, a few other say it is. I guess the field is so new there are tons of formulas, automated, live-assist, etc. It will be interesting if and when it settles down a bit.

Anyone who invests in any of these programs is gambling quite a bit, I admit. It keeps changing and you have to stay on your toes. However, I'm still quite a bit ahead of the game so it has merit albeit risky. The huge payoffs make it worthwhile so you can sustain some losses here and there - - and they do happen.

Well, let's see what December has in store in for us....

A Month Ago...

2006-11-04T08:40:00.000-08:00

What a difference a month makes....

About a month ago I entered on this Blog that I was testing the water on two programs that have an unusual type of strategy.

They pick certain auto-surfs to invest with and put them into a pool. We tested both because it made business sense albeit someone unorthodox. Autosurfs are ponzis waiting to happen, in my opinion. However, many stay alive for quite while and the two sites, CEP and PaidToSurf select the ones they feel will be around and stay with them until they feel it's time to leave.

The fact that there always seems to be a huge market of people willing to take flyers on these high-paying autosurfs there are always a ton of them being organized almost daily.

So, as I explained a month ago, while I would not get involved again with an individual Surf I'd invest a bit with these two sites who are trying to take advantage of the perpetual large number of investors who keep these programs alive for a while.

So, what has happened? October is what happened and the majority of my "solid" online investments hit the wall and either suspended payment for a while or reduced payments.

But, CEP and PaidToSurf paid out as usual.

PTS showed its lowest payout to date (a bit above 10%) but that's nothing to be ashamed about (but the admin apologized for it!).

I've made my second successful withdrawal from CEP which is still paying out handsomely.

Of course these are high risks and I knew that going in but they strangely have a logic based on the "get rich quick" mindset of apparently many thousands of people that just love these surfs...

Is it akin to people who invest in a gambling casinos? Almost all betters lose but the casino doesn't....

Will keep you posted.

NSFG Flare-Up

2006-10-20T09:49:00.000-07:00

Mr. Careful never quite got all of his funds out of North Sea Forex Group.

So, I'm definitely an interested party in the ongoing saga.

It does no good to recount that disppointments many feel in not being treated to the full truth at the time of the problems - but while Paul & Ken kept it secretive the moves they made were to try to get the ship back on even keel. They didn't put anything in their pocket, just the opposite, they used their own money to try to heal the problem that they caused.

It hurts their reputation for honesty and transparency but if the Plan they are considering goes forward and everyone gets whole in 3 or 4 months, it would be restored quickly because almost no failed programs have ever paid back.

What they have done has hurt all Programs because now who can believe anyone? They had the highest reputation in the field. Their recovery will help the entire sub-industry that has been created in these Forex Investment Programs. Right now it's been harmed.

I won't comment further because they have not made official
the exact course they will be on.

More shall be revealed.....

Mr. Careful Tests The water - New Program

2006-10-17T10:13:00.000-07:00

Mr. Careful is doing a test investment in a new program, Club-FXTrader.com

A contributor to Golden Talk Forum, Peter B, has been doing personal Forex investing for quite a while. He has an aggresive program but it's been working for him to-date. He recently started to "bring in friends and family". This is a "tired" script but I believe this one is real because he didn't just drop in out of the sky.
He's been quite successful so far and has promised 1% a day up to 20% for the month. So far he's on target.
He shoots for 1% a day and then tests the water a bit after that. He keeps everything over 20%.
Here is some dialogue on Golden Talk from one of its members, a Peter G.

Yes, PeterB's real identity and location is known and he is a trusted member of this forum. Therefore you can consider this as a long term investment. Obviously we cannot foresee the duration of the program, that is up to PeterB, but if it has to close then you can be assured that the closure will be done honestly.

I have previously invested in a program from PeterB that had to be closed. I received a refund of my principal, and my profit up to the date of closure. This refund was completed almost immediately without any fuss or hysterics - unlike most hyip closures.
I have no hesitation in recommending Club-fxtrader.
Peter G.

I've been told by Golden Talk members that Peter G is a trusted members and his recommendation is regarded as honest and factual.

I like the idea of talking directly to the trader. I had a question and he answered almost immediately. It makes it much more personal. It's so rare I thought I'd test it.

So far so good but it's early in the game. It's refreshing, but proceed at your own risk. Club-FXTrader.com

A Salute To CIM/Mutual For Closing For A While

2006-10-10T23:35:00.000-07:00

CIM/Mutual is closing to new investors temporarily and I salute them!.

CIM is a co-operative account and their new action proves they are not out to scam anyone. They have explained that with some of the normal good hitters such as FXIG and FXExperts out of action for a while there is a lack of the type of programs they would ordinarily invest in. Thus, they are closed to new investments until they feel they can get to showing the type of profits they aim for.
This is one of the new type of accounts along with GIG/Mutual and a few others that are run co-operatively for its memebrs and not for the benefit of one or two profiteers.
I'm sure they'll be back before the end of the year and my advice is to keep watching for them. They've proven to be both honest and wise. A rare combination.

Nothing Wrong With NSFG But - -

2006-10-10T14:23:00.000-07:00

Mr. Careful has finally had to drop out of North Sea Forex Group.

Well, I wish NSFG was around when I was heavily invested in the Stock market. Then I had the kind of money that 3.75% would have made me very happy.
But times and fortunes change. The Stock market killed me. Now, I'm doing quite well in the Online Investing Programs and it is starting the suplement my income. I've been doing it with a wide group of programs that average 12% so if one or two bog down I'm still hitting over 5-7% or more.
As NSFG has decided to work with its high end investors who are very happy with 3.75% net they have set their program to return that amount and gamble a tiny bit if they happen to run over.
I have no quarrel with that. It's their decision and prudent for the $25,000 investor.
So at the end of this month I'll have a few thousand new dollars to place in circulation. I'll be watching my current sites and a few newer ones before I make any decisions.
I'm involved with a number of Udachu sites and happy with them so I'll be reviewing those plus GIG/Mutual which is looking to get a bit better soon and a few others.
Soon as I decide, this Blog will be the first to know....

Mr. Careful is "semi-careful" and it pays.

2006-10-06T17:38:00.000-07:00

Mr. Careful made two test runs on a new type of program back in July.
They are: PaidToSurf and CEP.
These are both programs that invest in a basket full of "better" surfs. I use the word loosely because I don't believe there are any good ones. However, what these two do is invest in the surfs that look like they may last a bit longer than the others, get into profit and hopefully escape before the ceiling caves in.
The safety is in the numbers and they have been been very successful - which is interesting - because in September most of the biggest HYIP names on the block have had some rough days.
Both CEP and PaidTo Surf have paid very well for September and I'm delighted.
I'm Careful but not as Paranoid as my friend Hans G. He's superb but although I'm careful I like a little more action and these 2 sites are holding up quite well....

More Preaching

2006-10-03T11:00:00.000-07:00

Diversification Helps Again...

I am enrolled in the GIG/Mutual Pool. In September four...that's right four programs in their portfolio experienced some pay-out problems. They haven't gone bye-bye, just had some hiccups. Probably most or all will survive.
However - and this is the main point - GIG/Mutual still showed over 3% profit for the month because of the wide diversification in the portfolio.
It just makes sense.....It takes patience not to withdraw profits quickly but until you have at least a handful of programs going you have to do it.
It's a proper business practice if you want to establish these online programs as a source of income for the near future, at least....Personally, I'm not happy until I have 10 programs going.

DIVERSIFICATION SAVES MY SKIN

2006-09-26T10:28:00.000-07:00

I keep preaching, "diversification, diversification....."
...and today it's living proof that it's a necessity.

I just had two of my biggest pays go bad on me, PSHI & Offshore Club. According to their messages, PSHI is only dropping their payment by 75% but will hope to be back to normal in a few months. OC is going out of business and state they will refund principal. If they do, that's fine. I'm already in profit on both accounts.

This puts a jolt into my monthly income BUT I am still in profit because 4 other accounts are paying and 4 others are still in buildup.

Online Financial Programs pay very well but we all know they carry significant risk. It's not for the weak-hearted but it can pay very well.

If I hadn't diversified broadly this would have been very serious. I'm still in business and still in profit. I'm still drawing several thousand dollars per month which is about 8% return monthly based on my original investments in the entire field.
That's almost 100% annual......

I'm glad I listened to myself.

Diversify!

Feeder Fund Is Losing Its MoJo....

2006-09-25T10:54:00.000-07:00

Sad to say but Feeder Fund has really lost something.

Feeder Fund has always been the ideal that all sites were compared to but Feeder Fund is losing traction.
While several of their programs have seen better days - which is not FF's fault - they have been slow to announce it to members.
In the past weeks both FXIG and PSHI, two of their biggest payers have had problems and FF is many days behind reporting such on its site. There are almost bi-weekly announcements re: FXIG and FF is a couple behind and today Monday, Sept 25th there is no news yet about the recent change in payments on PSHI. Their last news post was 2 weeks ago.
They are in the best position to analyze the problems and relay it to members. Hopefully they will recover their past efficiencies and get to work for the membership.
We need reliable programs in this field and FF has always been held up as the best of the best. I'm sorry to see it start to lag behind.

Hans G is going - going - not so fast!

2006-09-13T15:47:00.000-07:00

Mr. Careful is happy to see that Hans G. is going to return.

His short but very successful time in blog-land gained him a great reputation. Many were sorry when he announced he is pulling back.
However, it seems he has had a change of heart and expects to return soon with a new web site that he promises will be interesting.
Good to see him come back. He is a strong voice of caution which is always welcome in a land of get-rich-quick sites that pop up daily....

Mr. Careful Has Inside Info on GIG/Mutual

2006-09-11T17:59:00.000-07:00

I should.

I've been working with their selection committee as a volunteer.

All I can say is that it's honest, it's conscientious, it's profitable and it is a pure co-op. Nobody profits other than its members.

Adding more would be an advertisement because I am involved with it.

I'll say this much: It will not be the biggest earner online because it will have a nice reserve and it will not take wild chances - but it will be among the most consistent earners.

I started with a small investment but will grow it by the beginning of next month.

Expansion-itis Hits The Web

2006-09-04T01:17:00.000-07:00

What Do FX-Experts and NSFG Have In Common?

Well, both were going along pretty well with the normal ups and downs of Forex trading.

Because they were two of the most dependable programs
(They had lasted a few months and were paying) they took advantage of the quick "good reputations" and immediately went into Managed Accounts. That's the big money accounts, mimimun 20-25,000 thousand).

The Pool accounts (Pool Accounts is what they start to call the Small Fry after they've outgrown them) start to be too much trouble. Also, with no increase in personnel and so much more to be concerned about darned if the percentages started to slip and in some cases (especially FX-Experts) dipped into the Red.

Both accounts did the same thing, they froze the accounts to stop the bleeding and to reconsider the next moves.

NSFG is back in action, working a deal to move the small fry to Feeder Fund which was a creative move. They eked out a small profit for August (3.75% after commissions).

Marco, the FX-Expert principal, hasn't decided his next move. It's rumored he may close off his Small Fry accounts and pay them out. That would be an honorable route.

There is an old WW I song that goes: How You Gonna Keep 'Em Down On The Farm After They've Seen Paree".

Well, substitute "Small Fry" for the "Farm".
Substitute "Managed Account" for Paree.

It's just another new wrinkle in this fascinating new online investing industry. In the case of NSFG, nobody really got hurt except for a little delay here and there. Hopefully, the same will happen for us FX-Expert Small Fry.

(I'm sort of getting a "complex". I always though mid 4 figures was a decent investment. Nope, I'm just Small Fry. Darn.)

The New Trend - Safer But Lower

2006-08-22T17:57:00.000-07:00

The New Trend Is Pooling Programs Together

There are a number of them now being offered. They are usually put together by investors who have survived the battle of the scams and burnouts. Uusally they are no profit for the admins - which is great.

They do not create programs but invest in a group of the more seasoned programs that seem a bit more "reliable" than others. It's a case of safety in numbers and actually creates "diversification" in one bundle. Not bad.

Let me state that Mr. Careful is a diversification freak. I am not content until I have about 10 programs in the works. Most of us carry the scars of the failed programs, scams, ponzis, etc. We must be diversified.

I was quite interested in this new breed of "bundled diversity" but as I analyzed it I realized most of them are in the same programs I'm already in. Now, duplication of 'good' programs isn't bad but there's more to it.

Each of the new pools have are battle-scarred admins and they take very few chances, especially with other people's money. So, there is a generous reserve against 'bad moments' plus an administration fee for normal expenses.

Well the original programs have already taken out admin costs plus reserves...so when the new pool does the same the net profit shrinks in the new pool...maybe 25-35%.

This is perfectly proper for new investors or people with limited funds. They earn a touch less and for small amounts can own a piece of some nice program investments without all the research that has already been done for them.

So, they provide a choice. The new pools look like they can't can't get hurt unless money becomes valueless. Or - if you are into a good diversification plan you may want to avoid double fees and stay with your own bit of diversity.

Hmmm. What if some of the new pool start to include some of the other new pools? There would be triple the reserves and administration costs. That could bring the original 10% program down to perhaps 7% for the 1st pool and maybe 4% for the second pool. Watch what you're buying.

In reality, all are better pay-offs than our friendly neighborhood banker - so it's a matter of individual preference....

I just thought I should lay this out to remind some of the veterans that the new pools mean slightly smaller payouts for the same programs they may already own.

But for new investors...it makes a a great deal of sense.

(Two of them are CIM Mutual and GIG Mutual. Each are co-ops and owned by the members themselves).

Mr. Careful Invests in SGFH

2006-08-22T10:37:00.000-07:00

Silver Gate Forex Hedging is the Uduachu group's latest creation. Although some people shy away from Udachu in general because they play their cards close to the vest, I am impressed with their flexability and know-how.

This fund is actually owned by a group of strong Uduachu investors known as Silver Gate partners and is quite open. In fact they are showing their trades with Interbank FX.

A hedge fund usually means very conservative investing because you "hedge" your bet with a buy AND sell combination but they have a program in effect that generates more than the usual amount. It could be a fairly decent percentage pay out as their test runs have been excellent.

Most of the Udachu funds are now private but this one is open with a referral. I'm not usually in the referral business and this is a small one and I hope they drop it soon. If anyone is interested drop me an email and I'll send it to you.
iralaufer@hotmail.com

Latest On NSFG

2006-08-16T08:57:00.000-07:00

Ken Has Regained His Voice

I'd be remiss if, after my tirade of July 24th, that I fail to report that Ken is now sending out almost daily messages about his trading.
We don't know why he reversed his previous "silence" and it isn't explained but it certainly creates a better feeling on the site and the program.
Because of Paul's honeymoon all withdrawals are delayed several weeks and I didn't want to lose almost a full month of whatever profits occur so I haven't executed my withdrawal yet.
Now that Ken is speaking to us again, I'm going to put the withdrawal in limbo and see what happens next.
Ken is "reporting away" like the past weeks of silence never occured.
Interesting.

2006-08-13T16:34:00.000-07:00

NSFG Has Done A Makeover

2006-08-05T11:13:00.000-07:00

I'd Probably Do The Same Thing

Ken and Paul, the NSFG principals and only employees, had such great p.r. from their first few months that when they announced Managed Accounts ($25,000 minimum) they came in very quickly and many of them.

It is now 90% of their Account Investments. When you are in big bucks you suddenly get very conservative and 5% on your money monthly is gigantic when compared to bank rates. So, by now going conservative they are doing a nice job for their majority of the account.

They are socking away 5% as soon as they receive it and just play with mini-amounts the rest of the way. It's an excellent plan if you are content with 5% and I wish I was in that category.

As I said, if I was them I'd do the same. 25% monthly commission on scads of all those Mananged Accounts is big, big bucks for a small company with no employees, no office, a telephone and a computer.

I have almost $6,000 in it - which used to be pretty good money - and I feel like the poor relative. A great many of "pool" investors, like me, would like to see them go for a 10%-15% return but that's going to be hard to do.

Most of us are in these Online investments because we feel that 10%-15% can be achieved. I still do and my basic philosophy hasn't changed. There will be some losers no matter how conservative anyone plays so you have to have better paying programs to make up for the losses.

If you settle for 5%, then it will drop to 2-3- or 4% when you get some losses. In fact they didn't help my overall average for July when they didn't even hit 5% - but turned in a 2.4. It's a different kind of program now and they're certainly entitled to aim it anyway they choose.

I'll be out of it by next month and will start scouting for one or two replacements now.....

It's Raining Programs!

2006-07-24T23:17:00.000-07:00

They keep on coming..
I referenced several new programs in the body copy below and I just heard of two more. It's a new era for this new industry of online high yield investing.
And the newest wrinkle is that they are all "asking" for Due Diligence to be made on them. They are going to reputable sources and allowing them access to their site and "hopefully" trading records. That's really new.
It's too much to digest at one sitting. We're going to have to dig in deeply, examine everything possible and eventually make some decisions.
These are programs centered on investments, not "surfing" so they are not ponzi-oriented. Most are forex, one is future option trading, another is covered call options. All are real investments and while not blue chip stocks or anything close to that they are bona fide legal investments made with
trading houses open to the public.
I've made some sample investments but will not get serious until I learn more and feel a bit more comfortable.
But it certainly is interesting - and encouraging.

Notably Silent Forex Club (NSFG)

2006-07-21T09:54:00.000-07:00

Unless North Sea Forex Club has a very positive month (July) quite a few investors may start pulling out.
The fact that FX-Experts is still in the ball game and two other Forex Trading Programs have arrived on the scene, all the previous transparency may not aid NSFG. Their Silence coming after almost non-stop jabbering is starting to build resentment among many long-time supporters.
New Forex programs now available are GlobalForexClub.com and Megainvforum.net. It is much too early to recommend them as they have barely gotten their feet wet but they are available for conversation during NSFG's "withdrawal period".
"Mega" is Brazilian and a friend of Marco Matos of FX-Experts (who also invested in Mega).
The field is broadening and that's a good sign. It's always nice to have options.
Tons of onliners have invested in NSFG so we're all pulling for them. However, their attitude hasn't given people much to rekindle the warmth they created when they were on speaking terms with us.

SAD DAY!!!

2006-07-17T00:18:00.000-07:00

Yes, it is a sad day for me...A few days ago I requested a full payout of FXIG.
It had been my mainstay for over a year but it's going through some big changes and I wanted out. Then, today they announced they can't handle any business anymore from the U.S., Great Britain and Canada and said they 'could' do business with offshore bank accounts. It just got crazier. The foreign money must be huge and the U.S. and others are getting strict about some accounts, especially the big pay outs. Also, FXIG will only allow one withdrawal every 60 days and most withdrawals won't get paid out for nearly 60 days. I can speculate that there's a very large sum of business they'd rather do business with than us 5 to 10,000 small fry. (And here I thought I was getting to be a fat cat). So, I would have had to leave if I didn't already apply to leave.

So, in a while I'll have a little bundle of which much will be going into some very interesting new programs I've been researching. I think this whole field is getting very interesting and FXIG may have been doing me a favor to enable more diversification with some good payers. I'm glad I got my request in before July 15th or it might be 3 months until I see the money.

FXIG's percentages have been dropping drastically and they are taking many liberties..no Friday investing. A month off in December and just closed for a month to come to all these decisions so the pay has slowed down anyway. Perhaps it's just temporary.

I wish them luck. They were good to me and sorry I couldn't hang on.

Mr. Careful wasn't so Careful

2006-07-14T07:37:00.000-07:00

Added a Comma for a Colon....

The name of the site below in A New Era is 'colonendparenthesis.com'. I should be able to tell a comma from a colon. In any event I gave it a test run and apparently sent it correctly because I already have three days of dividends.
Thanks to Paul Graffagnino for catching it. My face is red.

Help

2006-07-14T07:36:00.002-07:00

Mr. Careful is also technically challenged and if some nice reader familiar with blogs would let him know how to get rid of these "false starts" he would be very appreciative.

2006-07-14T07:36:00.001-07:00

2006-07-14T07:36:00.000-07:00