liveyourdream

Okay I am somewhat new to Golden Talk and have yet to achieved Junior Investor.

But I have been around the business world for sometime and have run several businesses including a National Talk Radio Network in the US for 15 years. I am 54 and consider myself a Entrepreneur and have been in business for myself for the past 30 years. I think this gives me the abiltiy to know what works and doesn't.

So I have been asking myself for awhile can a real investment group or club work. I know some can but those that work cannot expect to make huge returns on their money. THEY JUST DO NOT LAST. Face it, it is a face of life. If you can get past the "magic thinking" as I call it and uderstand that a successful program will bring .5% to 1% daily. Programs like Club Fx Trader are a good example.

And believe it or not but .5 to 1% return daily is an amazing return considering that most mutual funds in the US are thrilled if they make 12 to 15% a year.

Then I found out about GIG, which was a investment group greated by the moderators of Golden Talk. But now they are ending the program. Why, I am not sure, but if I were to guess it would be frustration.

But I still believe a program can be created but you cannot create a program that is based on greed or a desire to get rich quick. It will not last.

But you CAN create a program that will slowly, quietly build wealth for people involved. That said, it will that a long time for such a project to work for those who want to invest $100 and get rich in a short period of time. You really need to atleast invest $1000 to $10,000 to make it work.

But then again does everyone consider getting enough money to live off of their investment. Is $60,000 a year enough, or $120,000 or $250,000 or more?

I guess that is based on what you want in life.

Here is my suggestion of what I believe can work. First invest in Club FX and compound your money and let it grow. I know everyone likes to take profit but you need to let it grow for awhile. I get nothing from Club FX for this suggestion but the knowledge that Peter is doing a hell of a job.

Second, I believe another program needs to be created. One that is treated like a real honest to goodness corporation with a Staff and a Board of Directors.

And everyone who joins the group is a stockholder and has a vote.

Now the Board of Directors will take suggestions from the stockholders on what investments to get involved in and then the Board of Directors will decides on the investments. Reports shall be made every month and the books will be audited and held on record for anyone to see.

The investments will cover all field, HYIP'd, FOREX, stocks, LLP, purchasing of companies, etc.

And there is a minimum investment

Will it make alot of money at first? NO. But if directed and managed properly it will slowly create a solid financial base for everyone involved.

Well that is it. That is my opinion on can their be a long term profitable investment program. And I know that some of you, WHO I RESPECT VERY MUCH, might not agree. But that if fine. This is just my opinion

But if you don't think it can work then I suggest you tell that to Warren Buffet. Here is a fact you might or might not know. BUT IT IS TRUE. If you would have invested $1000 in Warren Buffet's Berkshire Hathway in 1965, today that $1000 would be worth $200,000,000. Yes. $200 million. A 200,000% return on your money. Look it up if you don't believe me.

So in closing, I challenge everyone. Do you really want a long term program that can create wealth? The above is my opinion. What is yours?

Liveyourdream

peterg

Of course we do, liveyourdream.

But WHERE IS IT ? Most of us do not have the expertise to become a modern day Warren buffet, nor the financial backing to be true entrepeneurs in the real sense of the word... we have to be pointed at these opportunities, and TOLD that this is the only way to 'live your dream.'

Then we get scammed.

kyteflyer

and *how*!!

liveyourdream

I understand completely. I have been in these HYIP's for only six months and I am weary of everything.

But I do believe it can be done.

First We won't invest in HYIPS. AND WE WON'T BE A HYIP

We will invest in real program.

Through an organzation I belong to (The Sovereign Society) we can have access to mutal fund offshore (not in USA) that are earning 400% returns on their money.

Between Club FX and our own corporate forex account through a new brokerage house we can earn 1 to 2% on our money daily.

We will look into actual companies that look like they have long term profit potential in a growing industry and invest in them.

I am not saying it will be easy. But I have ownede business myself for 30 years. If we add a few other knowledgeable entreprenuers into the mix, we can find the right investments.

And yes, I know that alot of these things are being done now even buying companies like World LLP does

But the difference with ours is the it will be a real corporation. And every one will have voting stock. This way they can sell out if they want. We can also have long term goals of going public. Again books audited. etc

This is all possible but not overnight.

I am willing to do alot of the work if I know their are enough people interested and we can put a strong Board together.

We are being scammed now because we have no control over what is happening with our money.

If we control our money, we control our destiny.

liveyourdream

stockjedi

Liveyourdream,

I like the idea like everyone else to make 1-2% a day on my money in a "real program" so I can stop working for the man. But understand that for most people a "real and secure" place to invest their money would be a brick and mortar building with a sign on it where they can go and touch their money. If the funds are on some far island or some south american country where no one can get to it, it is then considered a HYIP and therefore high risk investment. But if we can find a way a legit way for everyone to make a good return without a "huge" risk (like people running away with all the money) that would be awesome! If you have any opportunities that you would like to share I am all ears! Welcome to the board by the way!

Scott

You've got my interest, I'm listening...

opie999

What? This is news to me! Would someone mind pointing me in the right direction for more details so I don't have to clutter up Liveyourdream's thread?
Thanks.

Liveyourdream, I like what you have to say so far.

First a couple comments and then a question for you, if I may. By your own admission you are still relatively new to the HYIP world and that's perfectly OK. We were all n00bs at one time and, in fact, with a little over a year under my belt I'm still very new myself.

I find your extraordinary confidence in CFX curious. My question is, why CFX? What is it in particular about this prog that rings your bell?

FWIW, I've already made up my mind to make my first spend with Peter.

gold777

I've been wondering if a sovereign society membership would be worth the member ship fee. What's your opinion? What kind of sunds do they reccomend, are the opportunities for any kind of investors?


br
gold777

enobudd

Second this!

One partially withdraws the earnings, and lets the rest to grow.

Thats ok - but do you want to wait, are you willing to wait and invest and wait 40 years? Point being - you dont know where do you invest, and how wise the decision is at the moment of investing. Besides, Warren is one, at most dozen of like him in the world. It is too much to compare with him. To strive it is too much as well, if you ask me.

If you ask me:
IBC yeah, I am all with you.
Growing steadily (and kinda slowly) is critical and wise. Yet tends to make one unpatient. Because the growing curve is slow. But passive must be, almost.
Since passive - I'll work hard daily to contribute to quickly grow it, and yet live daily.


cheers