April 22nd, 2008 by Lee Thomas

HugeROI.com is not the typical investment club as defined by the SEC therefore not required to be registered. While they do have several membership levels, the fees are just club access fees. No funds are collected, used or invested for the members in securities or investments. So what do the members get for joining? Here is what their website has to offer.
“Since 1999, HugeROI has been fulfilling dreams for more than 15,000 members. Our proven investment opportunities have earned some members up to a 2,500% return on their investment. We are a registered company in Tennessee (Registration# 0536953).”
“How do we do it? HugeROI connects you with some of the hottest investment opportunities available. When you join HugeROI, you will have access to lucrative programs and the knowledge of eight millionaires from around the world who have made their fortunes through smart investments. You will learn their source and secrets in just a few hours after signing up.”
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2 Comments » | Posted in Private Investments
April 13th, 2008 by Lee Thomas

Interested in short term stock options trading? Learn how to trade options from a professional trader with the Star Trading System at mastersoequity.com. Founded by Jason Ng in 2004, he is the President of Masters ‘O’ Equity Asset Management (Singapore) Pte Ltd and Chief Option Strategist of Masters Capital Inc (Seychelles).
The system is one of the least expensive training you can obtain for the price and having access to Jason Ng as your mentor. There are not very many training programs where you can learn from a seasoned hedge fund manager. The performance results from this system can be verified by a third party, pro-options-profits.com.
If you are too busy to learn how to trade on your own, you might want to consider two other services provided by mastersoequity. The first one is the pay per performance options picking service. As its name suggests, if a pick does not result in a profit, you will not be charged for it.
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2 Comments » | Posted in Managed Stock Trading, Stocks
April 6th, 2008 by Lee Thomas
Sooner or later it was bound to happen with these so called “Reverse Pension” plans. Millions of dollars of investors’ money is taken in, but apparently none has ever been paid out. You can read all about it in this news release.
“Federal agents seized more than $1.1 million from a self-proclaimed pastor in Norfolk who is under investigation in an international investment fraud scheme, according to court filings unsealed this week.” The Virginia Pilot
We have not mentioned GPIT by name before, because there are way too many of these reverse pensions sprouting up all over the place. While we did not write about them, we were aware that there was a connection to Global Pension Plan. According to Benjamin Seigler, the man behind GPIT, this was where the investors’ money was supposedly going to.
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5 Comments » | Posted in Reverse Pension Plans
April 3rd, 2008 by Lee Thomas

We have not tried this service from iForexSignals, but the performance claims are substantial. If you can afford the membership fees, you might want to take them for a test run. A one month subscription will cost you $199.95, 3-month costs $499.95 and the 6-month runs $799.95.
Daily trades are generated for 9 different currency pairs. They provide you with the complete trading signals – currency pair, type of trade, time to buy, time to sell and stop loss. After signing up as a member, you login and get the signals that are provided each Sunday for the week. You review them, follow the instructions and place the trades at the designated times.
Their track record seems pretty impressive. Check out the chart shown below for the past few months.
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2 Comments » | Posted in Managed Forex
April 1st, 2008 by Lee Thomas

Here is a company with a unique service, Amerifund Capital Finance, LLC., located in Boca Raton, FL. If you need some immediate capital, they offer low rate loans with a 35 to 80% LTV using your stock holdings as collateral.
“A stock loan is indeed a loan, and not a sale. Share owners concerned about losing equities they’d much rather keep but needing cash now can at last tap their portfolio’s value for up to 80% of the effective market price while still participating in some or all of the stock’s rise in value over the term of the loan — all without selling their shares.” –Amerifund
There is one restriction on the use of the loan proceeds and that it may not be used to purchase marginable securities. Other than that, the proceeds can be used in numerous ways. You can use it as a hedge against the current volatile markets, purchase real estate, buy a business or purchase many other tangible assets.
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1 Comment » | Posted in Private Loans
March 27th, 2008 by Lee Thomas
“The bold effort the present bank had made to control the Government, the distress it had wantonly produced … arc but premonitions of the fate that awaits the American people should they be deluded into a perpetuation of this institution, or the establishment of another like it.” – Andrew Jackson, referring to the Second Bank of the United States
“Congress Demands Answers from Fed, Bear Stearns” reads one headline on Reuters, while another from the Wall Street Journal online states “SEC Role is Scrutinized In Light of Bear Woes”. It appears that our dutifully elected politicians will hold a hearing next week to examine the details of the J.P. Morgan Chase & Co’s bailout of Bear Stearns and the role that the Federal Reserve and U.S. Treasury Department played in helping.
Why would Congress want a hearing for answers they should already know? Are they that ignorant or is it because it is an election year and they want to make it appear that they are working for the public good? Maybe the protestors in Bear Stearns’ lobby demonstrating against government bailouts of big banks while homeowners are abandoned had something to do with it. No, our lawmakers are just ignorant.
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2 Comments » | Posted in Banking
March 26th, 2008 by Lee Thomas

Is it just me or does the name AcmeInvestor.com conjures up thoughts of Wiley Coyote from the kid’s cartoon, “The Road Runner Show”? If I had not known any better, I would have thought that this site might have been the rebirth of the PIPS scam if the names were substituted.
Does the concept sound familiar to you? A private loan program, earning 2% per day for 180 days plus throw in the humanitarian aid objective to the recipe and voila you have an investment that anyone can trust. Wait a minute, it’s not an investment. It is a “private loan”.
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Comments Off | Posted in Frauds and Scams
March 17th, 2008 by Lee Thomas
Traditional individual retirement accounts and Roth IRAs are both good ways to save for your retirement while enjoying either a tax deferral or tax free benefits. In a traditional IRA, you invest pre-tax dollars and pay taxes when you withdraw the money. A Roth IRA on the other hand, you pay taxes on what you invest and are tax free when you withdraw.
Both types however lack choices and options in terms of the type of investments that you can participate in. Usually, you are limited to a portfolio of stocks, mutual funds, money market funds and CDs. The majority of the banks, insurance companies and stock brokers that are the custodians and plan administrators of these IRAs do not offer any other investment choices.
If you want more options and better control of your investments in an IRA, you will have to find a plan administrator that specializes in self-directed IRAs. Self-directed IRAs gives you all the tax benefits of the traditional or Roth IRA, but more freedom to invest in different types of assets.
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Comments Off | Posted in Personal Finance