Guys, hopefully this will be the last additional page that I create beause by mid december I should have a site with a blog or forum feature so there will be ample space to post comments, and archive and categorize them. Thanks for your patience and for your continued drive to keep the Channel Open.
Blessings.
nop said,
November 27, 2007 at 6:51 pm
testing. Attention Please!!
Yardman said,
November 27, 2007 at 7:33 pm
ALL GREEN CARD HOLDERS & U.S. RESIDENTS WORLDWIDE.
Please Read Posting # 889.
http://www.irs.gov/pub/irs-pdf/f90221.pdf
Kevin2 said,
November 27, 2007 at 8:32 pm
Can anyone provide the returns for the last say 12 months for Lewfam’s US arm.
Paige said,
November 27, 2007 at 8:39 pm
Would love to hear what the last fews returns for May Daisy is also.
Jcan said,
November 27, 2007 at 8:40 pm
Keep the Hope alive….
I love the spirit of this Blogg (99.9%) Never dream that Jacans would have money and have problem to put it in safe keeping in the banks…This proves that these bankers are even more disrespectful to us depositors than was previously thought. United we stand…Let us keep “hope alive” Yes, these investment clubs gives “HOPE” to all working persons. I am a walking testimony of that fact…I enter my 9-5 now with a smile on my face, knowing that by age 40 I can now do my volunteering as much as I please!
I removed all my monies from the oppressors’ safe keeping and adviced my family members to do the same.
Re the 100Milliondollar person, I noticed Bloggers did not take him on…..Please dont be afraid to, this one might work out alright. I dont think ‘a fool observer’ with its malignant temperament could penned any such kindness in its darkness of a soul.
I am familiar with someone who is worth more than JA100Milliondollars whose business is in advertising…If this person is the preacher’s last son, he can afford it…So let us see if he will use his advertisement genius and spread the word…..If this person is only joking….shame on you!
Patricia, apart from representing the ’spirit of Nanny” I believe you are Maydaisy! (lol)…On this site, in my mind, I believed all the major players in the investment clubs can be found…..A certain writer represent david, another represent carlos etc, etc..Not seeing much of the people who were representing HW, maybe they are on another site…Or, were they just doing for the referral bonus?
I love the thought of # that all the clubs be a part of one Ja bank…I will go further and add that this bank will give monthly interest, I will settle for a 5% monthly interest that is 100% guaranteed banking…..Yes it can e done…All these other “safe deposit keepers” would go back from whence they came….
Have a wonderful Christmas/holidays everyone. Be safe..
HD said,
November 27, 2007 at 10:27 pm
Hey guys…it would help this page perform better longer if we could post the links to the news articles whenever possible rather than the entire text to the article….just a suggestion. The blog page slows down when the amount of text on it has grown to a certain size.
HD said,
November 27, 2007 at 10:36 pm
With regards to Cash Plus and commodities trading in the far east….big ups to dem if that is true……nuff nuff respect because that is where the really big boys are playing now, that is where the big wall street firms are trading money for the rich now, asia, and the middle east (including Dubai, Saudi, Emrates, etc). I heard it from the horses mouth that this is where the trading action is now (commodities, forex, gold, real estate)…but you have to have really big bucks to play. This kind of trading and activitiy today is what forex trading was 3 years ago.
If this is true regarding Cash Plus and they are in fact trading in the far east I think their “stocks” may be worth much more than anyone would imagine right now.
specs said,
November 27, 2007 at 10:38 pm
paige could you refer me to may daisy
HD said,
November 27, 2007 at 10:46 pm
VMS,
Like how you think !
I am reading a book now that you might find interesting ….check it out. You might already know about some of the things already in the book but it is worth the read anyway. This guy is 29 years old and is retired. Read his book and check out his web site here http://www.fourhourworkweek.com/.
Patricia said,
November 27, 2007 at 10:48 pm
J’can, sssshhh
BTW, a couple weeks ago I glimpsed an article on a real estate development(in Mobay) that I think Careif submitted for approval. Did anyone see it and could shed some light on it????..would really appreciate any further details.
HD said,
November 27, 2007 at 11:11 pm
Not investment related.
Really amazing, today I was on the treadmill (because it is too cold to go out and I am in a strange city where I don’t know anywhere ), and as usuall while running I started thinking back on how Herb McKenley trained the Calabar atthletes to run the 400m. I had no idea what would be in the news today. Running is my main means of keeping fit and every now and again when I am trying to improve my run I remember back on some of the things Herb McKenley did and taught to his athletes.
As a CBar man who grew up “practically” around the man in High School I have to post one for him.
God bless him and all that he has done for Calabar and Jamaica.
May his soul rest in peace.
HD said,
November 27, 2007 at 11:14 pm
Well run, Herb! Jamaica mourns great athlete McKenley
http://www.jamaica-gleaner.com/gleaner/20071127/lead/lead1.html
VMS said,
November 27, 2007 at 11:23 pm
Thanks HD..
I checkd out the site and its really interesting.. about 6 years ago i bought a book called ‘Richest Man in Babylon” and since then tried applying the basic principles of Money.. I must say it has really helped.
VMS said,
November 27, 2007 at 11:32 pm
HD
I can relate to the four hour work week because for the past 10 years i have only work for myself and i found it so fulfilling and i really do take time out and live a little.. the thing is really effectively managing your time.. (time is money) I work harder than a 9-5 person and also enjoy myself way more than them also… I will ask my book store to get it for me.
DW said,
November 28, 2007 at 1:32 am
I Like the new page GOGITO.. great job Andre.
Paige said,
November 28, 2007 at 6:04 am
Specs
Unfortunately I am not a member of May Daisy. Just wanted to see what the rates looked like before I went begging again for a referral.
HD said,
November 28, 2007 at 7:19 am
FYI, the link below. Sounds like a bit of back pedaling by the banks to me as they observe the publics reaction.
We’ve not conspired to shut down anyone’s business – JBA
http://www.jamaicaobserver.com/news/html/20071127T180000-0500_129815_OBS_WE_VE_NOT_CONSPIRED__TO_SHUT_DOWN_ANYONE_S_BUSINESS____JBA.asp
Anthony said,
November 28, 2007 at 7:42 am
The battle continues, spread the word and continue to rebel until they give us what we want. Let us force them to compete for our cash that is earned from high risk by giving us better rates.
BIG UP TO ALL THE FOOT SOLDIERS.
DR said,
November 28, 2007 at 8:00 am
Friends, you should have heard Father Richard Albert and Pastor Al Miller defending FX trading…..yes big time….They say “yes” the church is involved in fxtrading….and that it is here to stay. OF COURSE…One of the Pastors said that the FSC should stop to ask questions and learn about fx trading before they try to kill it….
This is our time to shine…..continue to fight the oppressors….
One of the Pastors even said, “I hope my bank is not involved in the conspiracy”.. ha ha ha a read between the lines….ah ahha ha
Mr. C said,
November 28, 2007 at 8:46 am
Guys i took this for granted so i share just incase no one else knew this. if you guys did then good for you.
Did you know that your funds with NCB Omni / Scotia mint are NOT covered under the JDIC “scheme”.
Likewise funds with their capital market company falls into the same category as the insurance. i mention this as i know people who said that these places are where they save their pension.
As most of us know funds in excess of $600,000.00 are not covered i.e. those surPLUS funds are at risk anyways getting about 5% pa.
PS.
Wayne Chen called nationwide yesterday morning and the said they would try and get him again on the programme today
Anthony said,
November 28, 2007 at 9:02 am
Every time I listen to the various programs I hear borrowing being promoted. Why are we forcing this borrowing mentality on the Jamaican people, if we continue to succumb to credit cards borrowing etc we will be forever slaves to the system.
It is time for us to band our belly and sacrifice by saving towards the day when we can spend from debit cards and our wallets and purses.
For those of us that have been apart of the schemes for a while. Do you find it possible to divert from this credit card scenario?
Let us rise up and empower ourselves through financial education.
Just my opinion.
Keep the info flowing.
AD' said,
November 28, 2007 at 9:38 am
Anthony # 21
I have done very well in FX Investing but I still use my credit cards if I have too, it gives me the leisure when needed. Some places will only accept plastic here in the states so regardless of how much cash you might have you are looked upon very different when you pay that way, and you might not always want to use you debit card for certain purchases… but there is cash to pay off anything if needed.
The other good thing is when you have a really big purchase and you have a great credit line it works well, use the plastic and invest the cash pay off before the interest period in full.
Regards
AD’
Anthony said,
November 28, 2007 at 10:17 am
AD it seems to me as if you are keeping it real by being smart financially.
I see it possible where we can now utilize the great returns to re write the path we were heading down as a borrowing nation to say buy a small thing as a piece of furniture.
These systems that were set up say loans, higher purchase mortgages etc. can now be avoided re the high interest they accumulate. In my opinion corporate Jamaica rely too much on our weaknesses to boost their annual profits.
If these schemes are allowed to continue the problem will not be how can we make some money anymore but rather how do we keep it safe from the predators.
Peace
DH said,
November 28, 2007 at 10:24 am
it is important note if you can get money to borrow take it. The money you would remove form your investment to make purchases, that same money could be making money for you. You maybe paying interest on the money you borrowed but that does not compare to the interest being made on your investment.
Peace
Anthony said,
November 28, 2007 at 10:45 am
DH and if the high risk should go down, should we be worst than when we started say 1 or 2 yrs ago?
I just think that for the few of us that have more than tripled our initial investment we can now afford to be more cautious thus reducing the risk.
Just my opinion
Peace
TheOne said,
November 28, 2007 at 11:31 am
CASH PLUS just called me to say they have a meeting this December 1 @ Merl Grove.
They also said there are benefits to be derived if members refer 10,20-40 persons for this Christmas [week-end for two-north coast 5* hotel, part payment on motor vehicle, part payment on cash plus development (house)]…etc.
If you need a referral…contact me.
Patricia said,
November 28, 2007 at 12:54 pm
Anthony, I take your point, however, using other people’s money for pure consumption not good, but it is fine to use other ppl’s $ to finance investments and acquisition of income yeilding assets. And there is always the interest expense factor to your benefit at tax time…….the problem most folks have is not living within their means and being incapable of distinquishing needs from desires…so they overspend regardless of income…this is where many will now need help, because it will be sad if ppl just engage in a frenzy of spending because they’re so much more cashy.
Patricia said,
November 28, 2007 at 12:57 pm
The book VMS spoke of, The Richest Man in Babylon, is suggested reading for everyone, along with Rich Dad Poor Dad…can pse online at Amazon or other stores.
Anthony said,
November 28, 2007 at 1:39 pm
Patricia this that u mention is what I am speaking about it must be done to alleviate ones poverty and not to make things worst. The vibe I get from some new comers of these investment houses is to immediately start living large and now that the tax man is knocking at our door they find that all earned was already spent and this puts them on the spot of paying the 25% from their principal.
All I suggest we do is think about where we are coming from and now with our new found wealth put things in place to make things better if the worst should happen.
We need all the help re education to learn how to keep it.
Peace
DH said,
November 28, 2007 at 2:27 pm
I have The richest man in babylon ebook, send email if interested , I also have “what i didn’t learn at school and wish I had” ebook
Peace
Carla said,
November 28, 2007 at 3:00 pm
DH,
Please email the “what i didn’t learn at school and wish I had” ebook. Thanks
carleen2b@gmail.com
Carla
PoorRiskTaker said,
November 28, 2007 at 3:11 pm
#30
Hey DH, can you share that e-book with me… cherrymylips@yahoo.com … would really appreciate it.. Thx.
Junior said,
November 28, 2007 at 3:15 pm
Would appreciate getting copies DH. Email address is carter_junior@hotmail.com, thanks
AD' said,
November 28, 2007 at 3:36 pm
Well said anthony # 29 Patricia you always stay so positive I could no agree with you anymore.
AD’
AD' said,
November 28, 2007 at 3:37 pm
Correction*** I could not agree with you anymore.
AD’
Adrian said,
November 28, 2007 at 4:19 pm
#30
DH please can you share those ebooks with me, email: adrian.baugh@juno.com
specs said,
November 28, 2007 at 4:25 pm
dh
could you send me copies.email address is
specs_357@yahoo.com
specs said,
November 28, 2007 at 4:31 pm
by experience i would advice persons to borrow the funds and invest as it has great benefits.
1 the interest incurred on these loans can be written off as an expense for tax purposes if it can be proven that the loan was used solely to earn the income. if all the funds were not used it would be prorated.
2
one would still have acess to their funds incase of emergincies or any other worth wile purpose( note borrowing also builds uyour credit rating) . just ensure that your are making more than your are paying out after tax
Patricia said,
November 28, 2007 at 5:23 pm
C+gets 9day court injunction preventing commercial banks from closing their accounts…..
HD said,
November 28, 2007 at 6:15 pm
DH, please email me richest man in babylon hd_731@yahoo.com
There are good loans and bad loans (or credit). Bad loans incur further debts or liabilities , good loans generate income and profit. Stay away from having bad loans and credit. It is recommended and sometimes a must to incur good debt. Make no mistake that Donald Trump and many others always going to the bank to make their next big investment. If you know you don’t have any discipline then avoid both.
Cheers
Mellonie said,
November 28, 2007 at 6:57 pm
DH, please email me richest man in babylon and any others you may have at mgtbur@yahoo.com.
Thanks for sharing.
DR said,
November 28, 2007 at 7:22 pm
#39: Patricia, is that really true?
DR said,
November 28, 2007 at 7:25 pm
What do you make of Bill Clarke (BNS) ideas:
Schools shun same-sex debate
published: Wednesday | November 28, 2007
Claiming that several schools, which registered to participate in Scotiabank’s primary school HIV/AIDS debate competition last year, dropped out because of the moot, William Clarke, president of the bank, yesterday urged more schools to get involved in the competition.
Some 295 schools registered for the competition, which is dubbed, ‘Speak up! Speak Out!’ but only 97 participated because some had difficulties with the moot.
The moot was ‘Parents have the right to approve the relationship their children start with the same and opposite sex’.
“Right away we had people dropping out because they thought of homosexuality,” Joylene Griffiths-Irving, director of public corporate and government affairs at Scotiabank, said at a press conference yesterday to announce a partnership between Scotiabank and the Jamaica Cultural Development Commission (JCDC).
Debating about sex
She also noted that some schools called expressing concerns about children at that age debating about sex.
“Either they learn it at school or they are going to learn it elsewhere,” Mr. Clarke told the gathering.
He noted that it was short-sighted for any school to not discuss HIV/AIDS, noting that the debate was in the interest of the nation.
He urged more schools to participate in the competition. “It is a serious indictment on teachers and students who fail to participate,” Mr. Clarke said.
Meanwhile, Mr. Clarke said Scotiabank has partnered with JCDC in strengthening its strategy in the fight against HIV/AIDS. He told the gathering at the Jamaica Pegasus hotel, New Kingston, that the JCDC will now introduce a healthy lifestyle theme in the drama, music and speech categories of the JCDC school competition.
“We are particularly excited about this partnership, as we believe in artistic and cultural expressions to be dynamic media of communicating positive messages to the children and youth population,” Mr. Clarke said.
lover said,
November 28, 2007 at 7:30 pm
anyone who need a referral to get in cash plus, please email me
lover said,
November 28, 2007 at 7:30 pm
unitedwereach@yahoo.com
lover said,
November 28, 2007 at 7:34 pm
#42, Dr, Yes it’s true just heard it on tv j news
lover said,
November 28, 2007 at 7:36 pm
c + is fighting back… i’m so proud to be a member…. they allow me to help my mother every month and i am just 22 years old.
lover said,
November 28, 2007 at 7:37 pm
i borrowed from the bank and used there money to make money…. paid them back a long time ago..thanks to c +
Jcan said,
November 28, 2007 at 8:03 pm
Some interesting views from this radical site
freedomfromtaxes.com/free/index.php/
greed said,
November 28, 2007 at 8:19 pm
http://www.radiojamaica.com/content/view/3404/26/
Poor Risk Taker said,
November 28, 2007 at 9:45 pm
Thanks DH, I got the e-book
specs said,
November 28, 2007 at 9:47 pm
dh thanks for the ebook
alex said,
November 28, 2007 at 9:56 pm
DH could u email me a copy of those books .thanks
jalts20@yahoo.com
TheOne said,
November 28, 2007 at 10:13 pm
DH would love to get copies of those two books. Thanks
quietexcellence@cwjamaica.com
And if anyone has interest I have the RICH DAD, POOR DAD e book
DB said,
November 28, 2007 at 10:21 pm
DH (#30) and TheOne (#54) – I’m interested in the your e-books and “Rich Dad, Poor Dad” e-book as well. Please send copies to riobell2007@gmail.com
Thanks in advance…
VMS said,
November 28, 2007 at 10:22 pm
THE POWER OF GIVING!!!!!!!!!!!!!!!!!
I just want to remind everyone here that making money is what we are all about right now but please don’t forget that it doesn’t matter how big or how small we have we should all donate to some worthy cause.. the power of giving is incredible in helping you along the way of your future earnings… no matter what the cause is just give some back. it will come back to you in different ways..
Poor Risk Taker said,
November 28, 2007 at 10:35 pm
The One #54 I too am interested in the Rich Dad, Poor Dad e-book… cherrymylips@yahoo.com. Thx.
vybzblack said,
November 28, 2007 at 10:52 pm
DH, The One -I’m also interesting in the e-books you mention.. vybzblack@yahoo.com. Thanks in advance. nuff respect
vybzblack said,
November 28, 2007 at 11:02 pm
hey Patricia ,HD,VMS,DH,KEVIN2 great job your doing on this site your comments are very informative. I guess we are all appreciative of what you are doing. keep it going.nuff respect and big up every time.
Marsha said,
November 28, 2007 at 11:21 pm
DH, please email me richest man in babylon
Marsha said,
November 28, 2007 at 11:22 pm
DH, please email me richest man in babylon at maxhug920@yahoo.com. Thanks!
DH said,
November 28, 2007 at 11:41 pm
the one
Please send a copy of “Rich dad, poor dad” ebook, email daneal95@hotmail.com
PEace
Sharonette said,
November 29, 2007 at 12:07 am
Hi Everyone,
I have posted a comment just once before…but this site sure makes for some interesting and informative reading. Keep up the good work..knowledge is power. DH and The One could I please get a copy of the ebooks you spoke of email: shergambino@yahoo.com
Anthony said,
November 29, 2007 at 12:43 am
Hey DH and The One
please send a copy for me also.
Anthony said,
November 29, 2007 at 12:45 am
lerone66@yahoo.com
Gloria said,
November 29, 2007 at 3:23 am
I would like to have copies of any of these books: Richest man in Babylon or Rich dad, poor dad, I’ll appreciate it. my email is amadamia4292@yahoo also if anyone needs invitation for Lewfam contact me at same email address.
Blessings!
Paige said,
November 29, 2007 at 4:41 am
Hi DH and The One
please send a copy of those ebooks for me also. My email is pattypage73@aol.com
Thanks
Poor Risk Taker said,
November 29, 2007 at 7:36 am
Thanks TheOne, I got the e-book
DR said,
November 29, 2007 at 8:00 am
I have always heard that C+ legal team is VERY STRONG: well this is the moment , this is the test:
cameras, lights, action: Legal WAR! (9 day injunction)
I just heard on Nationwide, that there might be a protest action from Alternative Investors today. Does anybody knows where it will be?
Joelle Clayton said,
November 29, 2007 at 8:01 am
Could some please send me copies of the other two books, i already have rich dad poor dad bashy_joey@hotmail.com THANKS.
DR said,
November 29, 2007 at 8:03 am
anyone for the bets?
Heavy-Weight matches to watch:
(1) Carlos Hill vs Michael
(2) Carlos Hill vs Bill
(3) David Smith vs FSC
Get in the ring guys….fight!
your fans are waiting…we shall overcome, we shall overcome some day….
JOE JOE said,
November 29, 2007 at 8:14 am
I have a preview of a statement that will be posted in tomorrow’s gleaner and observer by Higgins Warner. I would like to post it but it is a jpg file. I can e-mail it to anyone who is interested.
Investment Tech said,
November 29, 2007 at 8:25 am
Anybody who has gooten a copy of rich dad poor dad. please sen on . Thanx topstriker01@yahoo.com
Anthony said,
November 29, 2007 at 8:34 am
On RJR news it is reported that NCB workers are being told not to wear uniform to work re threats from members of investment schemes.
I hope no worker gets hurt as they have no control over what is happening and some are actually in our corner.
On a daily basis the air waves continue to be saturated by concerned people of our dilemma.
To my surprise yesterday I heard Dervent Malcolm of both sides of the story Quoting Rex Nettlford to describe our attempt to use high risk to better our lives. He said ” some of us will still be just a like butto in a benz”
So now we are being criticized for trying to elevate ourselves, that we wont have to look forward to the Lee Chins of Jamaica kindness anymore.
I say financial independence and continue to teach the less fortunate how to fish.
Anthony said,
November 29, 2007 at 9:03 am
Thank you DH
specs said,
November 29, 2007 at 9:17 am
the one send me a copy of rich dad poor dad
my email is specs_357@yahoo.com.
thanks in advance
Mellonie said,
November 29, 2007 at 9:44 am
DH thanks for the e-book.
Patricia said,
November 29, 2007 at 9:46 am
Morning Everyone, I am so thrilled that so many people have requested copies of those books, but to ease the pressure, you can try
http://www.the-richest-man-in babylon.com
Also, with all the reading, please really try to practice what you have learned or what you have been reminded of, as much of it we know, but dont really adhere to.
Finally, on VMS, and the POWER OF GIVING, he is absolutely correct, again we all know this so please do it….GIVE, for you SHALL be rewarded, and continue to fatten thy purses as it is thy right.
Cheers
Patricia said,
November 29, 2007 at 9:46 am
http://www.the-richest-man-in-babylon.com
Greed said,
November 29, 2007 at 9:53 am
I need copy of Rich Dad, Poor Dad. haga147@yahoo.com… I’ve also been begging for referral into Cash Plus. Can anyone send me a referral? Thanks
AJ said,
November 29, 2007 at 9:58 am
Commercial banks should be aware that if cash + and others fails they will have a serious problem with delinquent loan. A number of persons have mortgaged ther houses, pledged their motor vehicle and other assets as security and borrowed money to invest in those schemes.
Even the unsecured loan at NCB called “Payroll Plus” is a hit for persons who invest in Cash +. NCB found that out (albeit late) and tightened up disbursement process for loan proceeds…..cheques have to be made payable to credible 3rd parties. Smart investors were still not perturbed as they found creative ways to get around this (will not mention these for obvious reasons).
Regardless of how much equity in security items pledged as security for loans, no bank wants to be left with a mountain of these security items when loans become none- performing…….they want customers to continue paying their loans on time. That is how they make their $6.6B and $7.6B in profit. When loans become nonperforming they have to stop accruing interest into profit after a certain time (by law).
A particular MBA class of students who have all been paying tuition via investment with cash+ withdrew all their money from NCB in protest since last Friday.
Annt said,
November 29, 2007 at 10:32 am
Joe, Joe
Can I have a copy of that statement please
e-mail baby_racky_2300@yahoo.com
Patricia said,
November 29, 2007 at 10:36 am
Greed, email Lover, he has posted his email if you need a C+ referral
Cheers
Patricia said,
November 29, 2007 at 10:45 am
AJ, you know you are quite right, and you would think these genius bankers would have thought that through, after a loan has been delinquent for 6 months it is classified, as a non performing asset, and becomes a part of the non accrual portfolio, they can still claim the interest, but just cant post it to profit/book, and it worsens if these loans are in large quantities, and become unrecoverable, for which they have to make provisions(thus reducing their profits)……..Patrick Hylton knows this all too well….and pple did not just borrow to invest, already existing loans are now being more promptly paid because of increased cashflow investors have gained as a result of these schemes…..the schemes are almost inextricably bound up into the fabric of the Jamaican economy.
VMS said,
November 29, 2007 at 10:47 am
Thanks for the support Patricia.. Since i mention the book richest man in babylon i seen everyone has shown an interest which tells me that we hungry for information about money and success.. I must say people reading is only half as patricia said .. not just reading it one time either but treating it as your daily guide. you really have to implement what you learn from these books..
On a different note… is anyone here in Higgins Warner Investment and if so are you having any problems with getting your money? i don’t invest with him because of what happened with him here in jamaica before but he his a friend of mine and when i talk to him today he his saying him and the banks are in serious problems.. I really hope all is well that ends well because they didn’t before.
larry said,
November 29, 2007 at 10:59 am
Hi DH, Can you email me a copy of the two ebooks. My email address is yardiabroad@gmail.com. Thanks.
JOE JOE said,
November 29, 2007 at 11:00 am
VMS #85
I would like to know more about the before that you have made mention of, did something tragic happen with Higgins Warner previously in Jamaica.
Garvin said,
November 29, 2007 at 11:04 am
Message To Jamaican Banks
Dear Sir,
I write to deliver a message to the Banks in Jamaica: Beg David Smith to allow you all to sign up with Olint.
And if David says no, there’s always Cash Plus and the rest. Forex trading is here to stay. Who can’t ’stomach that go chuck off.’ Smart says ‘If you can’t beat them, join them.’
Ahhhh! It is so beautiful to see a new Jamaica emerging. I am proposing that we adopt a new informal motto that says ‘Together we grow rich.’
Bim!’
Garvin Gray, MBA
New York, NY, USA
PoorRiskTaker said,
November 29, 2007 at 11:19 am
Joe Joe #72
Could you send me that file.. cherrymylips@yahoo.com
Patricia said,
November 29, 2007 at 11:20 am
None of us should be like NOMASIR, so we must not just acquire wealth, but learn how to protect it and multiply it many times more.
Sharonette said,
November 29, 2007 at 11:23 am
Thanks DH I got the books u sent
Sharonette said,
November 29, 2007 at 11:26 am
Joe Joe
I would like to see that posting about HW. I made an investment earlier this month….Waiting to reap the rewards!!
Anthony said,
November 29, 2007 at 11:29 am
Keep the info flowing I am so proud of our efforts and the sharing attitude, as one blogger said “United we shall reach”
For all critics you motivate us, so we still appreciate you, and guess what tomorrow is the end of another grueling month.
A rose for u Patricia.
BlueBird said,
November 29, 2007 at 11:36 am
DH & All,
I wanted to buy the two books mentioned by DH, but I see that there are a few versions of each…so could someone please email me the e-book at bird68@hotmail.com. In the meantime, I would like to know which publication to buy for each…I will add those books to my “things I want for christmas” list for friends. I prefer to have the books so please HELP!
Thank you all and all three blogs –they are really full of useful information and that including that other one with Chris…Pips etc…about FX trading and how it all work. Just a reminder: DON’T risk more than you can afford to loose!
I was never afraid of failure, for I would sooner fail than not be among the best. – John Keats
Happy holidays and walk good.
Joe Joe said,
November 29, 2007 at 11:42 am
Sharonette #92
I have to send it by e-mail because the statement is in jpg format. Send me your e-mail address and I will send it to you.
Sharonette said,
November 29, 2007 at 11:43 am
Sorry about that its shergambino@yahoo.com
BlueBird said,
November 29, 2007 at 11:49 am
Hi Patricia,
I would like to know which version to buy of Rich Dad Poor Dad. Thanks a million…that is what I am trying to make by the way $1M USD
email me at bird68@hotmail.com. BTW, I have read all the blogs and I must say: you are a very SMART and positive person.
I like the dreams of the future better than the history of the past.-Patrick Henry
BlueBird said,
November 29, 2007 at 12:08 pm
If anyone is interested in learning more about FX trading check out Andre’s other link for some basic information: http://wealthmax.wordpress.com/everything-forex/. Note that some serious techy stuff going on there though on the blog…so come bad here if that is not your cup of tea.
Today, you have 100% of your life left. -Tom Hopkins
Gatekeeper (formerly concerned) said,
November 29, 2007 at 12:19 pm
If the injunction give cashplus the ability to keep its accounts open for another 9 days then the question is when were the bank accounts going to be closed??
It would appear to me that the situation is more serious than previously thought i appears that the banks wanted to close the accounts ( 26 of them according to the news) at the end of November… and maliciously create a problem for the company and the people in the christmas season.
So who are they really looking out for??? the timing is saying to me that it is not the best interest of this country.
and as for the NCB employees not wearing uniform today…i hope the staff are safe but why should it only be the members of these alternative investments that are inconvienced?
I wonder how much Bill clarke and Partick Hylton would like to have to pay for more security guards to protect the building that they occupy,and the homes of the executives??… i wonder if they realise that the people that guard them have money in theses schemes??…
The people in these investments cook their food, (and patrick hylton looks like he doesnt miss a meal), take care of their kid, take care of their home, and best of all work hard for them to earn a pittance…
do they realise who were are …. ??? maybe the next time they go to take a bite of their lobster or their steak they should stop and “wonder who have i upset?”… then take a good look at the sauce…
Enlightened (formerly concerned) said,
November 29, 2007 at 12:30 pm
i think gatekeeper was previously taken
tony said,
November 29, 2007 at 12:59 pm
Joe Joe#95
Could you send me a copy of the statement.
tonysen85@hotmail.com
Patricia said,
November 29, 2007 at 1:11 pm
BlueBird, thanks….I read the original(RICH DAD, POOR DAD) in his(Robert Kiyosaki) series….It is written in an anecdotal style, so it causes you think about what is said and reflect on how it relates to your personal financial situation, your socialization, how you view money and wealth creation etc….some critics feel he does not give enough practical advice in it, but quite frankly I think it is good reading and will put you on a right path. At the very least it is motivational, and helps to stimulate your thoughts on what is truly wealth, and makes you more recptive to learning….
Patricia said,
November 29, 2007 at 1:14 pm
Anthony, gee,…. thanks, and I dare say a rose for us all.
Cheers
AD' said,
November 29, 2007 at 2:13 pm
DH CAN YOU SEND ME A COPY of the books ALSO
aximi@aol.com
KidChillin said,
November 29, 2007 at 2:17 pm
JOJO please send me a copy of that article on Higgins Warner. kidchillin@hotmail.com
BlueBird said,
November 29, 2007 at 2:35 pm
DH,
Thank you for both e-books. Much appreciated.
These books can only help…I just wished that more Jamaicans and people of color in general read more about issues related to money…just like how some people read the bible daily. There are so many good an honest people who get robbed (becuz dem don’t know betta) and many don’t know the progress that can be make thru investment and just simple things like budgeting..and know ones wants different from ones needs etc.
But many of those people would not even be in forums like these becuz…well..just becuz, which is even sadder to me. But hopefully with the Internet being so available, the future will be brighter becuz more information is readily available and the younger generation knows that.
Investment Tech said,
November 29, 2007 at 2:48 pm
DH please send me copies of both e-books.
JOJO send me a copy of the statement. thanxs
topstriker01@yahoo.com
KidChillin said,
November 29, 2007 at 2:55 pm
Joe Joe, Thanks for the article. Anymore info would be appreciated.
JOE JOE said,
November 29, 2007 at 3:32 pm
KidChillin #108
I was suppose to receive payment on November 4th but up on till the 18th I had not received anything. I had been calling over and over, only to be told that they were having issues with the banks. On the 19th I was on the island so I went into the office and they gave me a check for the overdue payment. They have been doing office payments for a while so that goes to show that the issue is not about cash. I was also told by an employee that they were considering moving offshore and making interest payment to a card.
tony said,
November 29, 2007 at 3:33 pm
Thanks Joe Joe.
Does this mean that persons will not be getting their intrest payments?
tony said,
November 29, 2007 at 3:35 pm
DH
Could you send me copies of both ebooks. Thanks
tonysen85@hotmail.com
Investment Tech said,
November 29, 2007 at 3:39 pm
thanxs jojo
JOE JOE said,
November 29, 2007 at 3:40 pm
Tony # 110
If you are on the island you can pick it up. If not you can have someone pick it up. You will have to write up a memo giving them permission to do so. The memo most have a valid picture ID of yourself.
tony said,
November 29, 2007 at 3:45 pm
Joe Joe
I think you have to go in and pick up the cheque from HW
It is not going to your bank account. I collected and cashed my cheque on Nov 12. I was just wondering if going forward the cheque you receive will not
cleared by the bank.
JOE JOE said,
November 29, 2007 at 3:54 pm
Tony
The check that I collected on the 19th has cleared.
Charlibabe said,
November 29, 2007 at 4:52 pm
I am assuming the monthly consideration will go to the new debt/credit card system starting December 1. Can some one confirm??
Joe Joe said,
November 29, 2007 at 7:06 pm
DH
Send the books. Techlinks1@gmail.com
Thanks
Investment Tech said,
November 29, 2007 at 7:28 pm
Thanxs DH. got the e-books
Enlightened (formerly concerned) said,
November 29, 2007 at 7:32 pm
Any body have anyword on the meeting that C+ wanted to put on in halfway tree??
alex said,
November 29, 2007 at 7:33 pm
DH thanks for the books i really appreciate it.
Joe joe could u send me a copy of the article. thanks
jalts20@yahoo.com
Paige said,
November 29, 2007 at 8:12 pm
DH Thanks for the ebooks. I think I can speak for everyone who received a copy and say it was truly appreciated.
can anyone send me Rich Dad, Poor Dad at pattypage73@aol.com.
Thanks
DR said,
November 29, 2007 at 8:23 pm
We shall overcome…..”Michael” and “Bill” are getting the message. Leave our money alone….. don’t play with us…..We are the ones that make you make $6mill and $7mill – - It is our time!
Get up, Stand up: Stand up for your rights!
We nah bow to the oppressors!
greed said,
November 29, 2007 at 8:35 pm
For those of you interested in learning how to trade! Market traders calls live trades two days a week, during their webex presentation.
HD said,
November 29, 2007 at 8:40 pm
DH,
Thanks for the e-book rich man in babylon….much appreciated !
greed said,
November 29, 2007 at 8:53 pm
rich dad, poor dad. please!!! haga147@yahoo.com
zoff said,
November 29, 2007 at 9:09 pm
DH, can you send me ebooks at dwynt@hotmail.com
Thanks in advance.
Vela Invest said,
November 29, 2007 at 9:57 pm
Hello, Trying to get in to C+ but I am from the states, is it possible to get in please help!!!! Thanks.
Marsha said,
November 29, 2007 at 10:14 pm
DH,
Thanks for the ebooks….much appreciated!!!
greed said,
November 29, 2007 at 10:32 pm
I thought this was a place of sharing!!! I’ve ask numerous times for rich dad, poor dad ebook as well as a referal into cash plus. I did however noticed a trend. The same names are saying thanks. It appears this has become a place of sharing with so call friends instead of bloggers. I’m trying not to be bitter but i am. Can you blame me? If i get the e-book or the referral to cash plus, great but if i don’t, well, i don’t. Thanks for not sharing!!!
United We Stand said,
November 29, 2007 at 10:42 pm
DH
Could you please send me copies of both ebooks.
Thanks In advance
G.E said,
November 29, 2007 at 10:55 pm
Joe Joe .Please send me copy of H.W. article . devinechoices@gmail.com
Thanks in advance
P.S . As a Canadian resident/ investor. you you are all doing an EXCELLENT job! This blog is my lifeline – I read it EVERYDAY.
Anthony said,
November 30, 2007 at 12:14 am
Thank you The One.
vybzblack said,
November 30, 2007 at 12:27 am
DH and The One, thanks and nuff respect. united we stand, lets keep it positive and stay focus.
Vela Invest said,
November 30, 2007 at 12:27 am
Hello, Trying to get in to C+ but I am from the states, is it possible to get in please help!!!! Thanks
April said,
November 30, 2007 at 1:36 am
‘Illegal’ income subject to tax – Specialist says most investment schemes non-compliant
published: Friday | November 30, 2007
The Financial Services Commission (FSC) says it has detected nearly two doze investment schemes operational in Jamaica, suggesting a surge of business, and the tax authorities are again warning that returns paid to investors, even from the illegal operators, are considered taxable income.
“Whether it is legal or illegal, all income is subject to tax,” Karab Damdar, technical specialist in the office of Director General, Tax Administration, told a FSC-sponsored forum this week.
Damdar later told The Financial Gleaner that the Income Tax Act makes no distinction about the source of income nor its legitimacy.
Her raising the issue at a public forum, she said, was to counter the perception by investors that they were exempt from filing returns and paying income tax because the schemes to which they belong are labelled by the FSC has unregistered and unlicensed and therefore in criminal breach of the Securities Act.
FSC Executive Director Brian Wynter says none of the high-return schemes have sought to be legalised, and while three of those entities – Olint/Overseas Locket, Lewfam and Cash Plus – have sought the court’s intervention to declare them outside the remit of the Securities Act and beyond Wynter’s oversight, the regulator said for now all are seen as acting outside the law.
The FSC director, while he has not outrightly labelled any of the schemes as scams, did say investors should be asking why returns are quoted on a per month basis – the going rates are 10 to 25 per cent – when the investment community normally quotes per annum.
“It might be because it is more believable than saying 120 to 300 per cent per year,” said Wynter.
Other commonalities between the schemes, he said, are none of the principals has opted to go through a fit and proper test, none has sought registration, presented audited or unaudited accounts to their members nor issued a prospectus, and they refuse or neglect to disclose what they own.
“All have found a big financial secret,” said Wynter. “The best kept secret is how the funds are made.”
This week, the tax authorities said they had a fair idea of the investment income on which taxes are due but were not prepared to make the information public.
Damdar also the Financial Gleaner that “most of the schemes are not tax compliant”.
The earliest investment clubs, as they define themselves, appear to date back three to five years.
Damdar said the Tax Commissioner is allowed by law to assess six years of back income, and in the absence of filed returns may make a “best judgement” assessment of a person’s worth and taxes payable based on lifestyle and other factors.
Still, the tax specialist said, it is the tax department’s policy to allow time for voluntary compliance, using notices and reminders to prod filings. The department has already issued a public notice to investment club members about their tax obligations and reiterated this week that returns are due annually by March 15.
As to whether income or returns generated overseas was subject to tax, Damdar said absolutely.
“This thing that it is offshore money and not taxable, this is not true,” she told forum participants. “A person resident in Jamaica is liable to tax for his world income, whether received in Jamaica or not.”
She told the Financial Gleaner that a Jamaican ‘resident’ is considered someone who lives in Jamaica for six months or more each year, and/or who has substantial holdings here.
The tax department tracks down income under cooperation treaties with other countries and by using “third party information”, Damdar said, but refused to specify the latter.
The FSC for its part has been criticised for not being more aggressive in going after the schemes, but the agency told the Financial Gleaner that its lack of action was meant to protect persons who are invested in the schemes.
“We also recognise that public education is as, if not more, important than strong enforcement, as prosecution does not result in investors being
compensated for loss if a scheme proves to have involved fraudulent or deceptive practices,” said the FSC in an emailed response.
“Along with this, we will continue our efforts to ensure that members of the public can identify the investment schemes that are operating outside the law.”
FSC List of ‘Extremely High-Yielding Unregistered Investment Schemes’
Caribbean Real Estate Investment Fund (CAREIF)
World Wise Partners Limited
Swiss Cash
Higgins Warner Music and Entertainment
MayDaisy E Partner Plan Club
F 1 Investments/F 1 Holdings
A 3 Union
Wealth Builder and Associates
Right Vision E Partners Private Members Club
Strategical Alliance Investment Company
SGL Holdings
Partner Financials
Kingdom Investments Unlimited International (KIUI)
Image Consultants & Services
Nipo Farms
USIMO
Cash Plus Group
Olint Corp Limited
Overseas Locket International Corp
LewFam Investments and Trading Limited
LewFam Investments Club
Note:
1. The latter four operations have been served with ‘cease and desist’ orders.
2. Olint, LewFam and Cash Plus have filed action against the FSC, for which court rulings are pending
Poor Risk Taker said,
November 30, 2007 at 2:35 am
http://www.jamaicagleaner.com/gleaner/20071130/cleisure/cleisure3.html
Poor Risk Taker said,
November 30, 2007 at 2:43 am
Greed #129
No need to get miserable, check your email… Someone would have sent to you sooner or later… Patience…
Paige said,
November 30, 2007 at 5:27 am
The One and Cherry My Lips
Thanks for the book. Again greatly appreciated.
jamone said,
November 30, 2007 at 7:18 am
Can anyone please send me a copy of both books please? kycarib@yahoo.com
Investment Tech said,
November 30, 2007 at 7:34 am
TheOne Thanxs for the book. Bless
Arime said,
November 30, 2007 at 8:16 am
Can anyone please send/forward me copy of the ebooks? Thanks
in2gather@yahoo.com
chris J. said,
November 30, 2007 at 8:23 am
DH Thanks for the book.
I appreciate your thoughtfulness and sharing.
Investment Tech said,
November 30, 2007 at 8:40 am
Saw the list of some of the investment clubs under investigation.
I must say some of them i am only seeing for the first time. I guess this will fuel people to want to know more about each club with the intent to invest with them. Maybe they dont mind the free advertisement.
chris J. said,
November 30, 2007 at 8:42 am
I think this is worth sharing…I’m sure quite a few of us started, or at some point were able to acccess loans to invest in the several clubs. But listen to this. About two and a half years ago I started applying for (0% for 12months-easy to do online) US credit cards with what started off as an effort to reduce my existing monthly payments (I’m a (Jamaican) US citizen living in Jamaica). When i discovered how easy it was to get them (I told them that i worked in Ja. and reported my income at US$250,000.00), I decided to invest some of the “free” money with Olint.I use my vonage phone number as an alternate number. I was able to pay off the cards withion the year and then run the program agaion the next year, being careful not to cancel any of them but just calling and asking them if they had any special offers for balance transfers. Once they see how well you’ve paid they are happy to increase your credit limit.
So, I’m now approaching my target of US1M -should be there about June.
As Kiyosaki (Rich Dad Poor Dad) says….”don’t restrict your lifestyle but instead expand your means”
We need to always be thinking of “creative” ways to use other peoples’ money.
chillin said,
November 30, 2007 at 9:07 am
COULD I HVE A COPY OF THE E-BOOKS, email
jmsingh31@gmail.com
Patricia said,
November 30, 2007 at 9:18 am
I’m wondering,……. ANDRE or ANY OTHER PERSON…is there some way to put a link on this site for the e-books so that persons wanting a copy may download without having to request it?????…..
I personally dont like ebooks because I prefer the feel of a book in my hands, and I’m way too much of a scribbler.
Patricia said,
November 30, 2007 at 9:28 am
Ihttp://www.jamaicaobserver.com/magazines/Business/html/20071129T200000-0500_129881_OBS_JMMB___FLYING_THE_FLAG_FOR_JAMAICAN_FINANCIAL_INSTITUTIONS.asp
Interesting article on JMMB, in it they also give their view on the investment clubs…
Anthony said,
November 30, 2007 at 9:30 am
Really like how Jared Martinez is backing FX trading and also getting a lot of free advertisement. He was just on Smile Jamaica.
babs said,
November 30, 2007 at 10:21 am
If those whom would like to buy the books mention above just go to http://www.half.com. You can get them from us$0.75 plus shipping.(us$3.49). Paperback or Hardcover.
babs said,
November 30, 2007 at 10:22 am
For those who would like to buy the books mention above just go to http://www.half.com
Charlibabe said,
November 30, 2007 at 10:51 am
Vela Invest
Email me for a referral for cash plus.. ggray47@gmail.com
BlueBird said,
November 30, 2007 at 11:32 am
Greed, Chillin and Arime…I will send the ebooks shortly.
Greed, Patricia mentioned Rich Dad Poor Dad but I don’t think anyone has the e-book..well not that I know of. We all only have to two DH emailes. So those are the two I sent you. Also note in #151 Charlibabe said to email for C+ referral. I hope that helps.
Achieve success in any area of life by identifying the optimum strategies and repeating them until they become habits.-Charles Givens
DH said,
November 30, 2007 at 11:36 am
Anybody invested with FinanzasForex, if so can yoou give your experience with them
DH said,
November 30, 2007 at 11:39 am
Anybody have the answer to #146
Skeem said,
November 30, 2007 at 11:42 am
zshare.com
Skeem said,
November 30, 2007 at 11:43 am
http://www.zshare.com
Coreg said,
November 30, 2007 at 12:02 pm
Chris J #142
Glad to know what you are doing and how you did it, certain things you have to be careful of sharing in detail step by step of your actions. You have so many other kinds of people in this blog who are just out to get the clubs closed by gathering information for authorities regarding things like what you are doing and make it more difficult for everyone else to do that. We have really good people here also who really wants benefit. It would be good that certain information pertaining to things like that be emailed to persons interested. Not nailing you down just have to be careful of who is who and what authorities are watching.
Regards
Greed said,
November 30, 2007 at 12:13 pm
I wanted to thank everyone who sent me a copy of the e-books. I am greatly thankful. I will try and exercise some patience moving forward.
Adrian said,
November 30, 2007 at 12:51 pm
#158 Can you send me a copy of the free e-books. I have been trying to get a copy but have not received any yet. adrian.baugh@juno.com
Sharonette said,
November 30, 2007 at 12:58 pm
I tend to agree with (157). Based on the clipping that (135) posted, it seems as if someone is listening in or reading the blog and commenting on paying ‘taxes’ as it relates to income made outside of Jamaica.
“This thing that it is offshore money and not taxable, this is not true,” she told forum participants. “A person resident in Jamaica is liable to tax for his world income, whether received in Jamaica or not.”
Makes you wonder WHO is really WHO. What is the idea behind offshore accounts? Does anyone have information as to what the law says about ‘offshore money’ being taxable?
Based on this statement ‘“Whether it is legal or illegal, all income is subject to tax,” Karab Damdar, technical specialist in the office of Director General, Tax Administration, told a FSC-sponsored forum this week.
Am I to believe that it is ok for the ‘drugs men and gun men albeit even a thief’ in Jamaica to pay taxes on the income they make and everything is alright. Taxing income made from illegal businesses just seems like the government is sanctioning their illegal activities. Why then didn’t they tax the money they found in Havendale from Sir Zeeks when they seized it?
Kevin2 said,
November 30, 2007 at 1:15 pm
Sharonette,
Well said about the tax. There are alot of “ganja men” who the govt should be running down instead.
BTW, I didn’t get a response to an earlier question regarding the US arm of Lewfam. Does anyone have any info on their historical returns or where we can look for this.
Thanks
chillin said,
November 30, 2007 at 1:31 pm
got the book thats alot ‘the one’ and other willing to send
Dominik said,
November 30, 2007 at 1:37 pm
VMS #867 ***from previous blog***
I like the trading robots. i have about 17 that i am test right now, but the 30 trial is almost up. I am going to open a Live account before the end of this year. I will have to pay taxes, but with the potential profit who cares
The hypothetical profits i would have made off the minimum $2000 invest could make life very comfortable. e-mail me dswabes@comcast.net
Dominik said,
November 30, 2007 at 1:40 pm
#161 Kevin2 – I heard the last 2 months were approx. 17% each month. I have not confirmed this, but you can call there office 404-946-1816 & 404-946-1817
April said,
November 30, 2007 at 2:38 pm
anyone with any further info on this:
http://www.gotradejamaica.com/
nick said,
November 30, 2007 at 2:43 pm
Is olint or lewfam taking on new people now i need to know.
can someone email the ebook richest man in babylon nicksweet2@yahoo.com
Dominik said,
November 30, 2007 at 3:01 pm
#166 Nick
Lewfam is taking on new people but Olint is still closed to new customers as far as i know.
Enlightened said,
November 30, 2007 at 3:03 pm
Olint isnt taking on new member and indicated that they are not sure if and when they will be able to take on any new people (court restriction), and as for Lew fam im not sure
Enlightened said,
November 30, 2007 at 3:07 pm
MegaPhone shut down their service and has left a lot of people with cards and unused subscription. Has anyone gotten the info on this and if it has anything to do with the current banking situation.
Cash plus needs to keep it customers better informed because this just came as a shock to the users.
Arime said,
November 30, 2007 at 3:58 pm
Re: Higgins Warner
I just heard that Higgins Warner clear things up with the banks and will start depositing money in the bank starting next week.
Can any one confirm that?
Patricia said,
November 30, 2007 at 4:42 pm
I had promised to get back to you on some more offshore banking info…..I spoke with a commercial lawyer in Cayman Islands, and he confirmed that there are no direct taxes in Cayman, also the only treaty Cayman has signed as it relates to the sharing of info is with the USA & UK. There is none with JA, other than the Mutual Assistance as it relates to request for information about an individual who has or there is reasonable grounds to believe has committed a criminal offence or one of a tax administratuve nature…so there must be something concrete…..the do not respond to requests of a general nature…..In other words, the govt here cant go on a fishing expedition in Cayman or TCI to find out if you have an account and how much in it.
Cayman is one of the most highly respected banking centres in the world and has very strict anti money laundering procedures so when applying to open an account with a bank there one should expect to provide quite a bit of information, as they take every step to ensure that they comply with international standards.
The 3 banks that were highly recommended were
1. Butterfield Bank, the oldest and best…if you get an account there it means to the world that you are “church”…ie safe….for folks in the USA, UK, & Canada…this is an excellent option
2. Royal Bank of Canada
3. First Caribbean
As I have said before Turks and Caicos is also another good place.
…..yes you have a duty to pay the tax man, but tax planning and protecting your money is not illegal. A big misconception about off shore banking is that you are doing it to evade taxman or hiding assets. In this day and age protecting your wealth is as crucial as acquiring it, so banking in a stable and tax friendly environment is important.
I know there are many who will be hitting that coveted “you know what figure” mark within the next 6months to 2 yrs, especially if you are in a fx club so…….start planning.
AJ said,
November 30, 2007 at 5:53 pm
Excellent information Patricia.
alex said,
November 30, 2007 at 6:06 pm
could some one email me rich dad poor dad please
jalts20@yahoo.com
Kevin2 said,
November 30, 2007 at 7:47 pm
Regarding this tax thing I had another thought. In JA there is no capital gains tax and FX gains are all capital gains (that’s how they are treated elsewhere). So unless the tax authorities change the tax law to include capital gains in the tax net , which by the way is not an easy task as it affects a WHOLE LOT of other things other than FX, they don’t have a basis to tax FX gains. They are busy talking about inclusion of income for tax but provide absolutely no guidance on how to do so. In the case of C+ that may be a different story as those gains may not be capital gains.
Patricia said,
November 30, 2007 at 8:10 pm
Kevin2, that is a good point, which I think may have been alluded to earlier.. Someone had raised the issue of the stock market gains from the sale of shares) being tax free, and that is because they are capital gains.However, dividend income is taxable.
I think some one in JA, should check out whether there have been any changes to the Income Tax Act, cause last I knew there was no CG tax for true……re C+, the consideration payable,is interest income which is taxable.
Jcan said,
November 30, 2007 at 8:17 pm
Sorry guys for using up so much space, although basic info to most, some persons need to read this…
“There are safer places to make more money than in your own country. Some of the best investments are kept hidden from most people simply because of the threat of competition to the homeland offerings. Also, without hands-on regulation of the investments, governments cannot control them or extract revenue from them. As a result, the authorities, even though the investments are perfectly legal, spread disinformation and fear about them to keep their citizens away. CFx trading that is)
Well, what exactly is money and why do we work for it? For that matter, what is ‘work’?
First of all, work is an exchange. You trade your efforts or knowledge for some sort of remuneration, usually in the form of currency of the realm (i.e., money). You are a trader, exchanging one item for another at what is perceived to be an equal value.
If you work for a company, your trade is often based on direct exchange of money for time this is usually not in your favor. If you happen to be an entrepreneur, the hours and effort you trade can initially be very high and not in your favor, but the goal is to have the trade end up in your favor. In both cases you hope to make a ‘profit’, something you can exchange for other things you need, like food and clothing. That is the why of the whole trade itself.
Now, what is it you trade for? Money, of course. But, what is money?
Here’s something you may not realize: in every country the currency is government issued (usually paper) and since the 1980’s, not backed by anything except a promise that it is legal tender with which you may ‘buy’ what you need. By the 1980’s, all the countries (the major ones anyway) had finally decided to float their currencies. What this meant is that the money had no intrinsic value. Known as ‘fiat’ money, these paper bills and bank account electronics are by themselves worthless; the only value lay in their ability to be exchanged for other materials and services.
Most people have no clue about this. However, understanding this can bring forth great opportunities to make money.
First, no one ever became wealthy working for someone else being paid for their efforts. If you’re one of those who works for others, you must set aside a portion of what you receive and invest it into something that makes more money. If you can control your investment, keep adding to it and prevent losses from taxes, inflation or lawsuits, you’ll do well. If you just throw it into the bank, taxes, fees and inflation alone will eat it alive.
OK, so how do you make money with this fake, worthless paper money?
Well, if you can keep your money somewhere it can grow, keep huge bank fees out of the picture, lower your exposure to inflation by diversifying and keep the tax man out of the picture, you could do very well indeed. But then you still have to keep it safe from legal predators all over the world.
That sounds like a tall order, but it’s being done every day. That’s one of the major benefits of being a member of the Venture Resources Group. With proper financial structuring, every one of these problems can be controlled legally and safely.
But stop a minute and think about the ‘fiat’ money situation. What is this ‘money’ worth? In the USA the Dollar is worth ‘X’ amount to purchase things. Same for the Yen in Japan and the British Pound Sterling in the UK. But what about the Yen in the USA or the Dollar in the UK or Japan?
Ever heard of exchange rates? They can be one of the most lucrative, safest and fastest moving investments you can ever get into. Instead of trading your labor for paper money, trade some of your paper money for someone else’s money and make a profit. VRG has a complete program of training, support and exchange on this alone and it will be discussed in later messages.
First you need to know how to keep your money and investments safe so when you do make a profit, you’re more likely to keep it and enjoy the fruits of your labor. That’s coming in the next message.”
The Venture Resources Group
http://CapitalHillFx.vrgroup.info
Patricia said,
November 30, 2007 at 8:45 pm
J’can, just curious what was Capitalhillfx’s return for Sep & October?
DH said,
November 30, 2007 at 9:12 pm
Treatment of Investment Income
http://www.jamaicatax.gov.jm/tasd/TechAdvisories/2002.IROC.IT%20-%20Treatment%20of%20Investment%20Income.doc
Could someone expalin
$10.00 Credit said,
November 30, 2007 at 9:18 pm
Does anyone know what OLINT return was for November.?
Thanks
Mr. Ten
Patricia said,
November 30, 2007 at 10:09 pm
Correction, I think dividend income in JA is tax exempt…Act was amended….I leave JA too long, brain rusty…someone check(if you really want to):)
gary said,
November 30, 2007 at 10:25 pm
@Jcan. I am in the process of joining Capitalhill forex Club. Do you of any Jamaicans in this Club, because when I become a member I would like to communicate with my fellow members (Jamaicans)? I also heard that 5% is taken off your monthly return if you don’t meet the minimum amount required? Can you shed some light on the above questions? Can anyone give me a referral for Lewfam? dezrel@mountaintoseabikeadventure@hotmail.com
Thanks, Gary
Adrian said,
November 30, 2007 at 10:25 pm
#176 Jcan: How long have you been a member of the VRG? I have been trying to do some due diligence on them but can’t find much information. Please can you send me any additional info you may have. adrian.baugh@juno.com
Adrian said,
November 30, 2007 at 10:37 pm
#181.
The email address you posted does not work. But can you send me some information on capital hill fx. What is the minnimum to Join. adrian.baugh@juno.com
gary said,
November 30, 2007 at 10:49 pm
@ 183
The right address is dezrel@mountaintoseabikeadventure.com or try the one I sent you.
DW said,
November 30, 2007 at 11:45 pm
Once again, WW has delievered as promised,looking forward to Dec,30.
nick said,
December 1, 2007 at 1:58 am
Joe @ 72
Can you email me the article from higgins warner that was in the news paper
email: nicksweet2@yahoo.com
Jcan said,
December 1, 2007 at 6:08 am
Patricia,
August 42%, September 32.50%, October 19.25%
Jcan said,
December 1, 2007 at 6:14 am
Adrian,
Once you become a member of CapH you will be a member of the VRgroup and yes there is a 5% difference.
Paige said,
December 1, 2007 at 6:14 am
Jcan
Can you please email me at pattypage73@aol.com.
Jcan said,
December 1, 2007 at 6:35 am
Gary,
Yes, Jamaicans are in this club, I once went to a superbowl party and heard a group of them talkinf amongst themselves, all business men of course! Since one of the repercussion can be termination from this club hence the reluctance to share too much info.
Paige said,
December 1, 2007 at 7:04 am
Jcan
I need to know what the bare minimum investment amount for this club would be. I want to try a thing and I have exhausted the resources that I am willing to risk in another clubs. Please advise. Also do you know when they will be opening that Wall St office.
AJ said,
December 1, 2007 at 7:07 am
#180 Patricia. Your are correct. Tax on dividend income was abolished in 2002.
Paige said,
December 1, 2007 at 7:27 am
Adrian,
I tried sending you those ebooks but your email comes back as not operational. if you haven’t received the books already email me and I will send them via a reply to your email. pattypage73@aol.com
Patricia said,
December 1, 2007 at 8:47 am
AJ, do you know if capital gains are now taxable under the ITA in Jamaica?, and if so, how is the tax on those gains calculable. Quite frankly I find the Circulars issued by the TAD most unhelpful.
greed said,
December 1, 2007 at 10:41 am
Can someone send me a referral to Lewfam? haga147@yahoo.com
DH said,
December 1, 2007 at 11:01 am
Can anybody provide information on the million dollar club here in Jamaica
Cherryl said,
December 1, 2007 at 11:21 am
Hi all
Just throwing in an interesting article….
http://www.worldbank.org/html/prddr/trans/so97/albania2.htm
My advice? take your gains every month.
“A bird in hand is worth more than two in the bushes”
(Realized profit in hand is better than double unrealized profit)
HD said,
December 1, 2007 at 1:19 pm
Cherryl,
Ditto Ditto, ie take profits regularly, more frequent at first and less frequent after you have made back your initial investment. Maybe even less frequently after you have reached your initial goal to give compunding a better chance to work.
That said, make sure you keep your own record in a spreadsheet of all your transactions including interest if you are with WW. They tend sometimes not to update your account right away and then make adjustments long after the transactions making it difficult to calculate what should be your balance. Just a suggestion as I think this is just one of the teathing pains they may be going through.
HD said,
December 1, 2007 at 1:21 pm
#198…this is just regarding withdrawals from WW…they are always prompt in applying the interest to your balance at the end of the month. Novembers interests have already been applied.
HD said,
December 1, 2007 at 1:23 pm
Gary,
thats the longest email adress and domain I have ever seen…Damn !
HD said,
December 1, 2007 at 1:31 pm
Jcan,
whoever you are that is some DEEP shit in #176.
I want to know more about this The Venture Resources Group ….hopefully you are not just plugging a website and promoting stuff to increase hits and clicks.
HD said,
December 1, 2007 at 1:32 pm
Those cfx returns are tidy !!!
HD said,
December 1, 2007 at 1:33 pm
I traded stocks in Jamaica long before you had to file an individual return as a PAYE or fully employed income earner. Made some gains and dividents but never heard anything about taxes…hopefully I wasn’t just in the dark.
HD said,
December 1, 2007 at 1:38 pm
Patricia,
re: #171
Really ! admirable of you to do all that research and investigation and share with us…..NUFF respect…you should get an award.
Here is an idea…team up with Andre (the host of this blog) and offer content for a smalls
on another web site where you could both earn some dough…I don’t think he is making money off this blog even though it has that potential.
BJ said,
December 1, 2007 at 1:39 pm
Anyone knows what OLINT return is for November
Adrian said,
December 1, 2007 at 2:08 pm
#188, Jcan, if I become a member of VRG, will i be eligible for Capital Hill FX membership. You can email me at adrian.baugh@juno.com
AW said,
December 1, 2007 at 3:02 pm
Paige,
Could u kindly email me those ebooks Virgo_177@yahoo.com
Thank you.
Doreen Spence said,
December 1, 2007 at 3:14 pm
Is there a C+ meeting on this evening?
ensley said,
December 1, 2007 at 6:10 pm
can some one send me a referal for leefam??
smith08us@yahoo.com
Vela Invest said,
December 1, 2007 at 8:03 pm
Trying to get into an investment club can anyone help with a referal !!! or point me in the right direction velainvest@hotmail.com
Carl said,
December 1, 2007 at 8:21 pm
Cash plus meeting this evening confirms that no payment were sent to the banks after Nov12th. Checks for November can be picked up at Premier Branch. Debit / Card Cards will mailed to members starting now
ensley said,
December 1, 2007 at 8:46 pm
anyone needing a referral for Higgins warner can email
me at smith08us@yahoo.com
regards!!!
Joelle Clayton said,
December 1, 2007 at 9:38 pm
Yes ppl it’s true swiss cash is back. the have a new name “sun traders” a new site “www.suntraders.com” and everything’s looking up. they are still in the process of “sorting out” old members… i know ppl in sc and they are relieved to know everything’s looking good for 2008…
Joelle Clayton said,
December 1, 2007 at 9:41 pm
please note they are not taking any new members at the moment.
gary said,
December 1, 2007 at 9:58 pm
@ H.D. It is the name of my business, I couldn’t help it. (smile).
Can any one post what took place at the C+ meeting which was held today?
@Jcan, Thank you for the info,I am so happy that I am getting more info about this club. I really like what I am hearing. thanks you again.
Vela Invest said,
December 1, 2007 at 10:58 pm
I think suntrader & swisscash are scams. Take a look at this. Let me know what you think. http://www.reviewopedia.com/swisscash.htm
Vela Invest said,
December 1, 2007 at 11:07 pm
Ensley you just asked for a referral, what did you get into Higgins warner if so let me know.(velainvest@hotmail.com)
(#209) (#212)
nick said,
December 1, 2007 at 11:16 pm
Anyone want referral to warner higgins let me know
vybzblack said,
December 1, 2007 at 11:28 pm
hey Jcan, what would be the minimum amount required to deposit in this club. can you send me some additional info on VRG. thanks. vybzblack@yahoo.com
VMS said,
December 1, 2007 at 11:34 pm
Hi JOE JOE,
This is a previous blog entry i made at http://wealthmax.wordpress.com/2007/02/05/powerful-investment-tips/#comment 169.
This blog entry has been modified a little to kind of give Joe Joe a sense of what i meant about Higgins warner.. you can read all the other related blog entries at the address above..
The name that max operated under was .. Higgins warner.. Max Emille Higgins… At the time they were in fashion Rock… They had One fashion show that was held at Breezes Runaway Bay and the only recognised artiste was freddy mcgregor.. He then had a DVD made by Gee Jams Records and was to start distributing overseas. the whole thing at the time was stupid. I am not sure what happened to the DVD’s but max was on the cover dressed in a pharoh egyptian Costume and Dexta Pottinger was the Cordinator. No one really attended the show because the ticket prices were so ridiculous .$2000 USD per ticket. That was his intention of investing the money and giving the returns, he was promising alot and every sunday he advertised in the papers about his 20% USD$$ return on your money… At the time his website was promoting fashion rock and saying he was getting Paris hilton and britney spears for his shows. I don’t understand how at the time you could be promoting with stars images like that..but he did it. I am not saying anyone should pull out their money just be Carefull
VMS said,
December 1, 2007 at 11:37 pm
Hi Dominik,
I sent you an email relating to our robot trading … let me know if you recieve it.
Sorry for taking so long to respond to questions after posting my entries..BUSY WITH WORK.
Enlightened said,
December 2, 2007 at 12:44 am
re: mega phone
http://www.jamaica-gleaner.com/gleaner/20071202/business/business1.html
VMS said,
December 2, 2007 at 12:46 am
Before i make this comment let me first say that i have invested in C+ and have made excellent returns..
It has always concerned me that unlike Olint they are paying what they have not yet earned.. you see, Olint pays what they earn per month but C+ guarantee what they have not yet earned and that usually have me feeling a little uncomfortable.. ( not knocking them though)
About Lee Chin, is it just me or does anyone here find him to be deceitfull.. He goes around and buy up companies that he has no interest in as for as i am concerned.. Have all the investers thinking here is Wonder Boy coming to save the day and then he just leaves them hanging…he operates like a bully..he bought FLOW from a friend of mine and he has a partner who invested in flow with him 50/50.. when they acquired the company they both agree to spend equally in the companies development only to find out that is just the other guy doing all the spending .. after a few millions in all that Lee Chin keep doing is giving back the shares as time passes .. it has gotten to the point now that i think the guy has 70% ownership in FLOW… L Chin has not spent a $$$$$$$$$$$
he bought CVM again everyone thinks here comes Wonder Boy saving the day..Investers now think that they have found themselves in a very lucrative position.. wah, lee chin buy ya now so stock a go up!!! he promised them new building to relocate and get CVM to a first world standard and a canadian team to come in a revamp the station..Just to name a few of the changes.. all of a sudden he announces he wont spend unless he acquires all 100% shares and now the investers wont sell so CVM is in a rut..
I could go on about BLUE CROSS and others but you guys get the picture .. can you believe we went to the same high school… Shame on you WONDER BOY!!!!!!!!!!!!!!!!
nick said,
December 2, 2007 at 1:06 am
Looks like miphone did really want all that segment of the market for themselves. The article is a little bit incorrect though, because one of my classmate is a manager at miphone and i get some inside information on the issue but dont get any figure as yet.
Enlightened said,
December 2, 2007 at 1:09 am
interesting read:
http://www.jamaica-gleaner.com/gleaner/20071202/lead/lead2.html
nick said,
December 2, 2007 at 1:11 am
Lol. I use to look up to Mr. lee Chin also but now as time goes by we seeing the other side of him.
Is anyone on here a member of minvestment. Please let me know because there rates look quite appealing. I have only seen someone name TB posted something about them. can anyone at all say something on them.
nicksweet2@yahoo.com
VMS said,
December 2, 2007 at 1:27 am
To patricia and eveyone else .. I am FEMALE.. noticed you refer to me before as HE.. No Problem still…
chris J said,
December 2, 2007 at 8:03 am
I am a member of Min but I’ve only gone 18 days
Patricia said,
December 2, 2007 at 8:13 am
VMS, pardon me…..:)
chris J said,
December 2, 2007 at 8:13 am
DH #196 the Million dollar or Millionaires club meets every month in Hope Pastures.
There is suggested voluntary amount of $500.00 to help defray the cost of refreshments provided by the host.
chris J said,
December 2, 2007 at 8:25 am
Coreg# 157 You’re right. Thanks
Patricia said,
December 2, 2007 at 8:37 am
This Sunday’s Gleaner makes for interesting reading…..from collapse of Mega Phone, to no legal resort for C+ investors should it collapse and possible money laundering charges against investor in these clubs/programs………….whatever, whatever, whatever….YAWN!!……
Well, since the taxman/woman,(covering my bases here) wants his/her share of all income, including income from so called illegal actvities…..I trust assessments are being prepared for former members of parliament invovled in the far too numerous to mention scandals of the past 18 years, all known, little known and rumoured to be, drug dons and extortion racketeers operating in the corporate area, all policemen who are shaking down motorists, all customs officers who get ah money fi clear tings ah wharf…and the list goes on and on…you get my drift…
And also, since possible money laundering offences are being committed and maybe subject to investigation and prosecution, I hope they ensure that the political parties are the first to be included on that list of offenders……JOKERS..we have the distinction of being one of the most corrupt countries in the world….After 4-5yrs, all of sudden these sleeping beauties wake up????..Really know.
DH said,
December 2, 2007 at 9:03 am
Thanks Chris J
Patricia said,
December 2, 2007 at 9:41 am
Not usually a big fan of Ian Boyne….but this is a good piece….a bit long but try it…………..
…http://www.jamaica-gleaner.com/gleaner/20071202/focus/focus1.html
AW said,
December 2, 2007 at 9:56 am
Paige,
Thank u for the ebooks.
DG said,
December 2, 2007 at 10:55 am
Can anyone post the new rates for Cash Plus – or perhaps scan the sheet and make it available. Or perhaps e-mail it to me at comsciteach@yahoo.com Thanks.
HD said,
December 2, 2007 at 11:34 am
Dream of a white Christmas no more …it is here !….the snow plow just drove by and made up a lot of noise….I guess Air Jamaica should be getting some last minute bookings for YYZ to KIN
HD said,
December 2, 2007 at 11:35 am
VMS you’re a girl ?!….thats Sexy !
HD said,
December 2, 2007 at 11:36 am
nick said,
December 2, 2007 at 11:36 am
@ Chris J
Whats your experience like with them for the past 18 days and do you know any member of the club that have been having good or bad experience with them. The rates am seeing looks good. US$ 1000 invest for 150 days progressive compound interest will get you US$ 184,000. is that for real.
HD said,
December 2, 2007 at 11:47 am
I think the Nigerian guys who is pretending to be from Ghana got a hold of my email address and are spamming me now…want me to help him relocate to my country and buy a villa for 6.5 million dollars, want me to help him buy a restaurant too….LOL…funny thing is someone probably will “help” him out otherwise he would not be sending spam.
Paige said,
December 2, 2007 at 12:00 pm
HD, I guess you are in the NY area. Snow, don’t you just love it.
Anyway did anyone hear what the Olint rates for November is?
HD said,
December 2, 2007 at 12:17 pm
Paige, I am in Toronto aka T. aka TO aka YYZ aka Home of the Toronto Raptors….they lost last night …lol
HD said,
December 2, 2007 at 12:19 pm
Could thing about the snow is I will get a gooood workout with the shovel on the driveway..make up for not being able to go for a run or to the gym.
HD said,
December 2, 2007 at 12:20 pm
Good not could
Paige said,
December 2, 2007 at 12:39 pm
Be careful not to throw your back out HD. We want you be be able to enjoy all the money you make this winter next summer LOL.
Investment Tech said,
December 2, 2007 at 2:18 pm
Nick
being investing in minvest or 45 days
for more info on this club read previous blog 722- onwards
http://wealthmax.wordpress.com/2007/02/05/powerful-investment-tips/
DR said,
December 2, 2007 at 2:18 pm
Today’s Sunday Herald, Observer and Gleaner – all together have alot to say about investments schemes….. check them out
Arime said,
December 2, 2007 at 2:20 pm
HD
I got that same email from the guy that want to buy a villa. I told him off and told him I know all about that type fo scam.
Arime said,
December 2, 2007 at 2:27 pm
Investment Tech
Did you get the CryptoCard from E-bullion?
HD said,
December 2, 2007 at 2:31 pm
Thanks Paige, I did it and my back still safe and strong…no need for back medicine for now.
DR said,
December 2, 2007 at 2:51 pm
Ppl….take a look at the advertisement that was put out by Higgins-warner in today’s gleaner…I think it is the back of the “arts” section…..have a good laugh…
He gives the “great Prime-Minister” until Jan 2008 to sort out the banking situation.
He was even brave enough to name our “oppressors”…wow….obvioulsy his legal team must be strong……WHAt HAPPENING?
He went further to question why is it that only Higgins and C+ are having the proving. why not Worldwise? hah hahah
Paige said,
December 2, 2007 at 3:04 pm
funny thing. I got that email from the African guy about the villa too. I wonder if they got the email addresses off the site.
HD said,
December 2, 2007 at 3:30 pm
You know DR…WW seems to be flying under the radar in light of a number of things and I keep wondering why. Before I signed up with them I noticed that they were very open and all their information was out there, no referals etc, and I got a chance to talk to the man himself on the phone and ask him how come they are some open and seemingly brave and not worried about government intervention and his explanation was that they took the time to do things the right way up front…still wasn’t clear on that ….but yes , why not WW ? I don’t see that they have done anything much differently from the others….maybe it is the whole thing about being a partner ?
Investment Tech said,
December 2, 2007 at 3:40 pm
Arime
I havent gotten the card yet but it is recommended if you are gonna have over US$1000 passing thru your acc you probably should. Next year if minvestment works out i will definately get it.
nick said,
December 2, 2007 at 4:20 pm
@ investor tech
when your compount interest period is out let us know please, i just have a strange feeling about it since i read that. gonna try and see what i can dig up on them (minvestment)
DR said,
December 2, 2007 at 4:24 pm
HD, it seems as if WW is doing something “right”….at least we hope….It was was very interesting to note that in the same advertisement…he specified Lee-Chin….he did not name the head of RBTT or BNS……Why so special mention of Lee-Chin in the same article that has “worldwise” name in there. Yes I know both entities have said there are not connected…but hmmm….
something is up people….The banks are afraid.
What is going to happen next year, after Olint wins the case (assuming), and so too Lew Fam, C+, when they set up their First World offices in Kingston ; Are the banks going to pack up? (and leave!)
Are people going to “draw out” all of thier money?…..even the people who have been afraid all this time. How would FSC deal with the embarrassment?
I wonder
nick said,
December 2, 2007 at 4:28 pm
Some how it seems lee chin have ties with WW. people lets launch an investigation. someone must know someone who know someone lol
DR said,
December 2, 2007 at 4:30 pm
The Herald Pure class magazine…Sun Dec 2, 2007: (page 7)
speaking about the Olint foundation launch, said that the guest list could easily have mirrored a Jamaica Labour Party function. Six (6) major leaders of the JLP attened, along with several JLP councillors….(hmmm)….There were two PNP people in attendance. Errol Ennis and Canute Brown…..do you all remember how Mr Ennis defended Olint – - and almost rebuked the FSC for raiding thier offices….(hmmm) people – - are we on to something?
I am seeing the light at the end of the tunnel…..
Cheers to the 24 or more investment clubs in Jamaica.
nick said,
December 2, 2007 at 4:48 pm
i think politicians invest heavily in these clubs. i personally think the former minister of finance does.
Patricia said,
December 2, 2007 at 5:10 pm
DR, see now you can even get a straight flight to Turks, dont need to fly through Miami again….hahaha……”wait till I get my money right , they can’t tell me nuth’n”………………I go for mine…I got to shine, so throw your hands up in the sky”
WELCOME TO THE GOOD LIFE…….
I think next year OLINT et al should throw a party on the rock with my boy Kanye as the headliner!!
Patricia said,
December 2, 2007 at 5:23 pm
GREETINGS DR. ANTHONY AGBECKO, special adviser to the President of Ghana. I thought that since you are trolling around on this site harvesting emails, I should publicly respond to you. I am sure that I speak on behalf of all my fellow bloggers here, when I say that we have no time to entertain you and your foolish scams. Please take your stupidness elsewhere.
Further more as we do not suffer fools gladly, we may respond to you in a not so charitable manner, but rather in a fashion to which you may not be accostumed. We would therefore appreciate your not bothering any of us further with your UTTER AND COMPLETE NONSENCE.
LW said,
December 2, 2007 at 5:59 pm
Can some one please sen me an invitation to CapitalHillFX and LewFam?
wulf . lone AT gmail . com
( remove the spaces from the address above when sending the email, also replace AT with the @ sign )
DR said,
December 2, 2007 at 6:01 pm
Yes we can get a straight flight to Turks now….ha ha ?
This is a good day….
so just like how the “oppressors” are lining up, its the same way: things are lining up for us….GOOD
Investment Tech said,
December 2, 2007 at 6:14 pm
nick
#256
No prob
HD said,
December 2, 2007 at 6:18 pm
#262 …LOL
HD said,
December 2, 2007 at 6:41 pm
Yeah…rock with me Patricia…I hear the Kanye Lyrics…
VMS said,
December 2, 2007 at 6:48 pm
HD.. I wonder why you think its sexy becauase i am famale..anyway what ever floats your boat.. also young and pretty..LOL, have a good laugh now..
Marsha said,
December 2, 2007 at 6:54 pm
Patricia #261 – LOL:-) you are so funny. I love me some Kanye West.
Actually, that is a nice idea. I think Olint,etc should plan a investment party/meeting.
VMS said,
December 2, 2007 at 6:56 pm
OLINT should send all investers a free JAZZ & BLUES TICKET .. Its a long time coming.. Oh well, so much for wishfull thinking…
Marsha said,
December 2, 2007 at 7:04 pm
#262 – Thanks for posting that open letter Patricia!!! They must think folks here are naive and gullible. I am sure we all saw the special on ABC 20/20…..they are something else.
HD said,
December 2, 2007 at 7:22 pm
If members from both parties are involved in these schemes…and I am sure they are…it is almost inevitable that there will be some change in the laws to accomodate at least most of the current schemes and make it difficult for others to enter the game. On the other hand I am certain that the “oppressors” will not make it happen without a big fight.
HD said,
December 2, 2007 at 7:25 pm
I like that tag…”The Oppressors”…whoever started it.
Kevin2 said,
December 2, 2007 at 8:16 pm
If they don’t have one already, I think OLINT should give George Roper and Brian Wynter complimentary accounts so they can get with the program and stop wasting their time trying to deter pple from the clubs
Joe Joe said,
December 2, 2007 at 8:22 pm
Hi
I would like to know if HW pays on time to overseas accounts?
Enlightened said,
December 2, 2007 at 8:35 pm
I think Errol Ennis is the only one honest enough to publicly admit that he is in one of these clubs… and that speaks to the kind of politicians we have … one face to the public and one face in private.
Sometimes its the silence that speaks volumes…. politicians and members of the FSC should make full disclosure ,so we know its not a case of ” do as i say and not as i do”…. and they do make money.
milo said,
December 2, 2007 at 8:44 pm
any one have the rate for olint as yet
milo said,
December 2, 2007 at 8:46 pm
olint rate pat do u know the rate for this periad
nick said,
December 2, 2007 at 8:55 pm
whats the latest with higgins warner people. i heard they been paying but have issues with the banks also.
Joe Joe said,
December 2, 2007 at 9:00 pm
Take a look at this link. It is one in a five part series that talks about the value of money and how banks work. http://www.youtube.com/watch?v=cy-fD78zyvI
ensley said,
December 2, 2007 at 9:06 pm
yes @ nick
they have the same issues as cash plus
but if you go to the montego bay
you are able to change your cheque at a bank
somewhere in montego bay
Arime said,
December 2, 2007 at 9:06 pm
Higgins Warner people said they clear everything up with the banks and starting this week money will be deposited in the bank.
specs said,
December 2, 2007 at 9:07 pm
nick i am a member of min investment if you are interested i can give a referral email me at spe s_357@yahoo.com
Jcan said,
December 2, 2007 at 9:13 pm
Paige; VYZBlack; HD
I did not enter with the USD150,000, These people take into special consideration where you are from…The foll is taken from the website:
“The minimum amount has been reduced to USD 150,000, most of our Club Members are also managing funds for others so we tend to not accept contributions too small, but special arrangements can be made based on evaluation of individual situations. Please note that residents of some countries are exempt from entering the club with deposits lower than USD500K so as to protect our Club Members who are Managing funds in the region”
HD – re the Venture Resource Gr..It is not my intention to increase hits; for info only…I find their articles on yahoo chat room mind provoking. Regards.
nick said,
December 2, 2007 at 9:13 pm
am not sure about minvestment specs. base on my research it just look like the word ponzi and scam is written all over it. the rates look good but am looking into it first. let me know ur experience with them then
Joe Joe said,
December 2, 2007 at 9:18 pm
Arime
I just wanted to know if HW had a problem paying to accounts, out of Jamaica.
Jcan said,
December 2, 2007 at 9:30 pm
The Energy Non Crisis….Mind Provoking
http://video.google.com/videoplay?docid=3340274697167011147
Cleon said,
December 2, 2007 at 9:37 pm
Arime
Are you sure that is the case, that they have sorted out the problems. Because based on what HW has published in todays sunday gleaner it seem as if there are still having problems….
Atasha said,
December 2, 2007 at 9:43 pm
Hi all,
Anyone has the November rate for Olint?
nick said,
December 2, 2007 at 9:56 pm
that energy non crisis video makes me turn red. that man better mind them kill him.
JSM said,
December 3, 2007 at 3:21 am
POST # 176, Jcan, that was a well Written Piece. I don’t write much, but I have read every piece on all the Blogs so far. I am JSM the one who wrote that there is a way to get into OLINT. That offer is still there. Christmas is a time of sharing. This is my way of sharing.
I read The Richest man in Babylon 10 years ago. I have instituted some of the principles. I have also read “The Money Coach’s Guide to your First Million” by L. Khalfani. Two of the Best Books that I have read on Wealth.
Atasha said,
December 3, 2007 at 6:23 am
Anyone know when OLINT will be returning to court? I heard it was sometime this month.
DH said,
December 3, 2007 at 6:50 am
Post# 291, JSM Could you send the information on olint . MY email is daneal95@hotmail.com
Thanks
chris J. said,
December 3, 2007 at 7:05 am
Nick#240
Re minvestment, I haven’t had any problems…in fact I’ve actually gotten some referral bonuses that I’ve transferred out to my e-bullion account and subsequently placed in other investments, the other people I know have all gonew less than half way through the 150 day program.
chris J. said,
December 3, 2007 at 7:09 am
Nick ,Remember the basic rule is “don’t play with more than you can afford to lose”
I’m sometimes guilty of ignoring it myself …but in this case I’d stick to it.
chris J. said,
December 3, 2007 at 7:11 am
I’m still looking for csomeone who can refer me to capitalhillfx.
Can anyone help?
DR said,
December 3, 2007 at 7:21 am
What is the million dollar club? I heard that they meet in Hope Gardens? Is it an investment club that pays interest monthly or is it the “insurance Million-dollar round table” you are were talking about earlier?
Yes Atasha #292, Olint, LewFam and C+ are all in court – December. But there seems to be a slight difference: in that, FSC took Olint and LewFam to court : but this time it seems as if C+ is the one taking FSC to court……
The bottom line is Carlos seems to be a modern day Marcus Garvey.
The news said C+ was going to court Wednesday
Patricia said,
December 3, 2007 at 8:37 am
On MINVESTMENT, I saw this post on the Casplusinvestment Blog, and it is a poster’s(MetroGnome- Dec 2, 07)) experience that may help in considering how viable an option Minvestment is………………………..
“Concerning Minvestment, let me see… I’ve spent a lot of time on these HYIPs, both online and offline. While I will admit, there seems to be a lot that minvestment has over so many of these other online HYIPs that I’ve given a try (which ALL failed miserably), it still sends up some orange flags that would cause me to stay VERY far from it.
As someone mentioned before it trades via e-Gold and e-Bullion (these are probably the two strongest e-currencies that have survived the e-currency spring=up boom… PayPal doesn’t count because it can’t be used as true currency). The Positive side to e-Gold and e-Bullion is that your invesments are mapped to weight/grams of actual gold and the value is relative to the value of Gold. So just by virtue of having some e-Gold you may be gaining a lot of money (and you may also be losing a lot) with no activity on your part. The problem is that these e-currencies are EXTREMELY risky and difficult to deal in and you have to pay KEEN attention to your conversions, otherwise you could easily lose thousands without even notice how much you lose in conversions and transfers.
Cashing in e-Gold… i.e. literally converting it to cash poses major problems, you can go the ATM route, but it comes at great costs to you. That is of course assuming that you DO get your payouts from minvesment.
What I would suggest is, for the benefit of those still contemplating minvestment, we can band together and attempt to first make contact with them and do our due diligence and compare notes. They actually provide you with a number and an email address for contact and that is good… unfortunately there is no physical address which is not so good.
If someone has actually gotten CASH in hand as a result of investing with them, that would be good to hear, but my vote, pulling froma wealth of investment knowledge and experience is, don’t go with them… you would be better off going with one of the others, a LewFam or OLINT or something… otherwise you could find yourself earning a lot of money from minvestment, that you can never get your hands on. “
Investment Tech said,
December 3, 2007 at 9:13 am
About the E-currencies.
You dont necessarily have to use any metal ( i.e gold etc) to invest with because there is also e-currency which is offered by E-Bullion. The conversion rate is 1 e-currency = US$1 and this doesnt change. some ppl use metals because the price of these metals goes up(and down) from time to time.You just need to choose the option that u prefer.
angry said,
December 3, 2007 at 9:14 am
i dont understand how come u all are on this bandwagon still.it is so obvious to the whole world that it is going to crash.and even if it doesnt crash the returns will go down since this investment company is so popular and is already getting a fight 4m every one
my adivce take u money and run..then again scratch that U CANT cuz i went to cp the other day and they offer me a post dated checque for the 13 of this month. hmmmmm.
Mr. C said,
December 3, 2007 at 9:23 am
What if we wake up tomorrow morning and the banks and the clubs get along……….stay with me here……..as a result, the tax person cometh and everyone pay their taxes (even the extortionist)
how far back would they go in determining the “back tax” / amount owed?
those persons who are currently acting as brokers (taking a %age) or good samaritans (taking 0) for people to enter OLINT what would happen to them?
wouldn’t they be left holding the wrong end of the stick?
wouldn’t their records show that they have collected X and based on that amount they need to pay Y in taxes?
wouldn’t this be a problem IF they have already paid out these funds?
can someone please say if this would be an issue and possible soultions (apart from stop assisting people this way).
Patricia said,
December 3, 2007 at 9:29 am
Re the LETTER OF THE DAY in today’s Gleaner – THE LAW AND INVESTMENTS….
http://www.jamaica-gleaner.com/gleaner/20071203/letters/letters1.html
So if there is a gap in the relevant here in Jamaica, we start relying on
prevailing Federal Legislation in the United States?…the last time I checked JAMAICA was a member of the Bristish Commonwealth, we have English Common Law and where we dont have the relevant legislation on an issue then we look to the common law..we dont look to USA.
The problem with the FSC and the relevant legislation is that they seemed incapable of determining at the time, whether OLINT required registration as a securities dealer and investment adviser. They were approached by OLINT’s lawyers and they referred the matter to BOJ, who then sent them back to the FSC, then in the middle of all that the FSC raided them..AND now OLINT has relocated to an off shore juisdiction, and the core of their operations are no longer in Jamaica. They have complied with the necessary regulatory requirements in TCI, as per David Smith, and he himself had to go through a rigorous application, including finger printing etc, to ensure that he is a fit and proper person, under the law.
Given that the matter is before the Court in JA, I think it is quite inappropriate for George Roper of the FSC, to be holding these fora in Ja and the USA, and making pronouncements, the net effect of which, is to say that OLINT is operating an illegal scheme, and that people dont know what he’s doing and where all this money is coming from. And, worse yet engaging in fear mongering about moneylaundering.
People in Jamaica, and elsewher have lost more money on the stock exchange, in mutual funds, and in real estate. You have not heard of any loss suffered by anyone who has participated in OLINT.
Enlightened said,
December 3, 2007 at 9:44 am
Re # 300.
Breath in… breath out…. then find a happy place
Look at the positive side of your situation, you got a cheque postdated for the 13 of December from Cashplus. If you had gone there on Thursday you would have gotten one for the 20th of December.
So things could be a lot worst …
Enlightened said,
December 3, 2007 at 9:49 am
Re 301
Mr. C,
They can assess you as far back as 6 years, so they can still go back all the way to 2002. And if they find that you have acted fraudulently it gives them the authority to go back as far as they “deem necessary” to uncover the origins of the fraud.
Enlightened said,
December 3, 2007 at 9:58 am
MR. C
As far as it goes in terms of helping out people, when you contest an assessment if you can prove to the tax authorities that not all of the assessment is correct because you were merely holding funds in trust for other person then you wont be held liable for that portion.
But here is the interesting part trying to prove it. You would need to show the exact details of the receipt of funds under signature and you would need to be able to show the exact details of the disbursements under signature of the receiving party. If they cannot be found or they deny it then you will be assessed for the full amount and you will have to settle your “taxed difference” in a civil court.
Mr. C said,
December 3, 2007 at 10:15 am
Thanx for ENLIGHTENing me and i am sure others as well, much appreciated. So in short you cannot afford to treat this thing like a small patty shop or take things for granted. you have to be business like in all your transactions and keep PROPER records.
Cherryl said,
December 3, 2007 at 10:43 am
For all those checking out your tax obligations, no matter where you get your income, you still have to pay 25% income tax. This includes TCI or BVI However, there is a way to not have to pay any taxes at all…legally.
Ask a tax advisor about setting up a company offshore in a country that has a special tax arrangement with Jamaica. All your investments should be done directly through the company.
Charlibabe said,
December 3, 2007 at 11:51 am
Did anyone go to Cash Plus meeting in Mobay yesterday?? Any info????
Coreg said,
December 3, 2007 at 12:12 pm
Hello Bloggers please find the olint answer below.
Olint for November 7.21%
DW said,
December 3, 2007 at 12:15 pm
Anyone,checked out the response CAREIF posted on their web site to being black listed by the FSC.Read at CAREIF.com,it is a very strong RESPONSE.
DW said,
December 3, 2007 at 12:20 pm
http://www.careif.com
Arime said,
December 3, 2007 at 12:35 pm
Re: Higgins Warner
#288, cleon
The info I got was from a member that went to a meeting Friday in the Mobay office.
#286
Yes. My brother did not get November 27 payment.(FL)
nick said,
December 3, 2007 at 12:40 pm
thats an interesting site careif.com. i saw this posted on the site and it really got me thinking
While government protects you from legitimate investment opportunities, will they also protect you from poverty? Intelligent forward thinking people need no explanation, CAREIF opportunities are for people who fall at the top of the class. People who participate in CAREIF’s investment opportunities are leaders, not followers.
Did anyone try out david smith olint new promotion. i signed up for the demo account on friday evening but as soon as i start testing my skills trading ended and started back yesterday evening. This morning early i made my last trading for about five minutes and surprisingly i made US$ 1000 on my principal. Thats 10% increase in a couple hours trading or lets say a day then. Maybe i was mad lucky or i just discover some news skills i had in FX trading. I plan to create a real trading account after a week of practice on the demo. people if you sign up this month david smith giving you an additional US$ 100 on your capital, minimum is 300 dollars, so thats atleast 400 to start with. can anyone say the demo account and the real account is the same. Wish i had more free time to trade lol.
AJ said,
December 3, 2007 at 12:45 pm
# 194 Patricia. No tax on Capital Gains
Sorry for the late response….This is my first visit to the site since Saturday.
Regarding the Lee Chin/WW issue….I think there was an assuption that Lee Chin owns WW as it is alleged that WW was part of the UGI Group………and the group was acquired by Lee Chin. There is apparently no connection as Lee Chin took out several full page ads to set the record straight.
DR said,
December 3, 2007 at 1:03 pm
Lee-Chin bought UGI insurance: He did not buy the UGI group: The group is still owned by Neville Blyte. That’s the reason why Lee-Chin renamed UGI as Advantage General Insurance. Hope this will settle this issue….
Kevin2 said,
December 3, 2007 at 1:24 pm
Again on the tax issue…. FX gains are capital gains so with no tax on capital gains in JA, there should be no tax liability. The tax authorities have their work cut out to prove otherwise or change the rules. So OLINT members should not be liable for tax.
Somebody please correct me if I am wrong but I don’t think I am.
Mr. C said,
December 3, 2007 at 1:27 pm
Guys do you think the following would be beneficial to the country, people or both?
Remove income tax and increase GCT.
1) this is not my original idea, a friend suggested it to me
2) i know that the suggestion is a bit extreme and vague but do you think the basic concept or variations of it would be better for the people of Jamaica and the economy as a whole?
DW said,
December 3, 2007 at 1:41 pm
Mr.C thats a WILD CARD, maybe will work when we are all long gone from all these EARTHLY RUNNINGS. lol
BlueBird said,
December 3, 2007 at 1:45 pm
# 313 Nick…
Be careful when you open you real account for FX trading…your emotional with you real assets will be different that they are right now…so just be careful that return may not be seen again. But it is possible …don’t get me wrong.
In case you don’t know Andre has another blog with more FX details http://wealthmax.wordpress.com/everything-forex/. Read the posting from Pipslovah (especially) a real trader for over two years living in Ja. I found his info to be very informative..but I have not acted on any of it as yet and opened an account. I have just beem reading at the links provided and elsewhere.
Where can I get the David Smith demo? I was about to open a demo account next week, but David’s would be good I am sure.
AW said,
December 3, 2007 at 2:07 pm
#319- Bluebird,
This is the website thats promoting David Smiths demo http://www.gotradejamaica.com
BlueBird said,
December 3, 2007 at 2:17 pm
Thank you AW.
Patricia said,
December 3, 2007 at 2:46 pm
Thanks AJ, so can you or anyone else speak to Kevin2’s post @ 316. Again I think both FSC & TAD not really advising the public properly..too many general statements. ANYONE???….
Also, Cherryl’s @ 307…..2nd comment is a very valuable one..all should note.
Knowledge (& Wealth) is power
PoorRiskTaker said,
December 3, 2007 at 2:53 pm
Garth Rattray had a good article in the paper today…
Are banks seeking your best ‘interest’?
published: Monday | December 3, 2007
Garth Rattray
Some banks have taken the initiative to form a coalition against unregulated investment bodies and spuriously labelled cheques drawn on the accounts of those entities as ’suspicious’. Acting upon the suggestion of possible money laundering is an attempt to block investors from receiving the benefits of transactions carried out by those institutions.
The banks are crying foul about the investments and profits being made by multitudes affiliated with unregulated, untaxed and unsecured ‘alternative investment institutions’ while failing to look within themselves for the answers to why people are willing to put some of their hard-earned monies at such risk. Banks are in business to make money but the general perception is that they rapaciously hoard wealth for themselves and leave their customers/clients twisting in the wind. When the interest rate on loans is three to four times the interest rates offered on savings, banks engender animosity. When banks pile on hidden fees and add-on cost to loans and then claim to offer their ‘valued customers’ a special reduction in lending rates that turn out to be less than one per cent, they invite hostility.
Dirt-cheap interest rates
When people hear that a certain bank executive purchased a motor vehicle for around $25 million, they must believe that the distribution of bank wealth is skewed. When bank employees are charged dirt-cheap interest rates on loans (and that’s great for them) but customers must pay around 24 per cent APR – the natives will become restive. People are desperately trying alternative means of survival because they are convinced that the banks are not seeking their best interest (pardon the double entendre).
Banks need to improve the interest rates on savings and lower the lending rates. They need to lobby for a reduction of taxes on savings, offer more high-risk-high-return investments and distribute their profits more evenly.
Many bank personnel invest with unregulated (high-risk) entities. They, like most others, transfer their profits into low-risk bank accounts and investments. The banks are benefiting from those transactions, but, I suspect that their loans departments (more than anywhere else) are feeling the pinch.
What the poor need
This entire saga proves that what our people need most of all is financial security. Some rich people invest out of greed but most people invest to improve their lot or merely to survive. People don’t necessarily wish to become wealthy; they just don’t want to suffer. This is one of the main reasons why people migrate in droves. This is one of the reasons why people commit blue-collar and white-collar crimes. This is why we have so many so-called business people ‘trying a thing’ out there. Financial security can provide food, clothes, housing and health.
At about 71.4 Jamaican dollars to one U.S. dollar, our currency probably cost less than Monopoly money. Our people earn in Jamaican dollars but purchase everything, except labour and services, in U.S. dollars. And, if they somehow manage to scrape some savings together and entrust it to a regulated entity (a bank, for instance), they get ridiculously low interest rates. Then, to add insult to injury, they are hammered with taxes and bank charges! Even regulated, so-called high-interest-bearing bank accounts offer such low returns on savings/investments that no one can exist for any appreciable length of time on those measly sums.
Ideally investment institutions should become regulated and taxed accordingly. Until then, people who invest in Cash Plus et al should keep them viable by avoiding a panicked run for their monies. For many, such entities represent the last possible hope of achieving their goals in life.
Enlightened said,
December 3, 2007 at 3:36 pm
Kevin2,
I like how you are thinking, but there is a little spoke in the wheel of you very good plan.
Olint does not provide investments (and they are in court trying to get that point adjudicated).Wages, interest, and dividends (except for companies on the stock exchange) are considered ordinary income, not capital gains income.
As there is no investment there can be no gain on the FX investment. The amount earned per month is interest and is subject to income tax.
it’s a catch 22 if Olint win in court everyone can join and make money, but you have to pay taxes, if they lose the FSC will define their operation and im sure the defination will include them as a taxable orgnisation.
Gracious said,
December 3, 2007 at 3:49 pm
Post# 291 JSM – Kindly send info joining Olint
Gracious said,
December 3, 2007 at 3:51 pm
Post #291- Please send info to join Olint. My e-mail address is misbes@hotmail.com
Skeem said,
December 3, 2007 at 3:55 pm
http://www.butterfieldbank.ky/NR/rdonlyres/775C6366-D328-4A85-9072-A207FA2B7652/0/eScheduleOfFees.pdf
AJ said,
December 3, 2007 at 3:58 pm
#316 Kevin2
There is no Capital Gains tax in Jamaica (public/private companies or individuals).
I suspect that the Tax Authorities are playing smart and classifying the returns as “income”.
Cambios have been in the business of trading in FX for years and they are regulated by the BOJ. Tax assessment for Cambios should be the same as contemporary FX traders. Can someone give some information on the manner in which Cambios are assessed for taxed?
Enlightened said,
December 3, 2007 at 4:04 pm
AJ,
The amount goes to the Profit and loss as line item “trading income” and is taxed at 33 1/3% after allowable expenses.
Enlightened said,
December 3, 2007 at 4:15 pm
Format for cambio FX income :
Sale of Foreign Currency a
Cost of Sales of Foreign Currency (b)
Trading profit sum a-b
Add other income c
Gross profit d
expenses e
Net profit sum ( d-e)
Nb: the formula would apply to individuals conducting any business including trading….
Kevin2 said,
December 3, 2007 at 4:35 pm
Wait a minute…. There are still 2 things that is not clear to me.
1)With fx trading you can make gains as well as losses. Let’s say you get a return of say negative 20%, thenm what happens? I know in Cda fx gains are treated as capital gains so I don’t see the JA tax people treating these any differently. This is not just OLINT now but anybody that trades in fx. You can’t treat OLINT one way and another fx trader another way. Can’t you see the ignorance of the tax authorities? They need to go and do their homework first.
2) What jurisdiction does the FSC have over OLINT now that it is registered as a Turks Co. If I was DS I would just laugh at whatever the FSC is saying because yhey cannot touch me. The FSC should give up as afar as OLINT is concerned. They did the wise thing by leaving JA and setting up in Turks.
OLINT makes a return of negative 20% (god forbid)
Kevin2 said,
December 3, 2007 at 4:35 pm
Skip that last sentence!!! An error !!!!!!
GetRichOrBrokeTryin' said,
December 3, 2007 at 4:37 pm
I was seriously thinking about putting $1000US in Minvestment but then I found so many red flags while doing a thorough research on them. My suggestion to anyone thinking about putting money in Minvestment is to wait until about February. Alot of progressive plans will mature by then and we will see if they stick around and actually pay the huge returns.
Cleon said,
December 3, 2007 at 4:48 pm
Thanks Arime
I guess I will continue to check my account throughout this week. I have been hearing different stories so i guess we will see…thanks again…
By the way do you have a number for the mobay higgins W office…..would greately appreciate it if u have it….
Patricia said,
December 3, 2007 at 4:51 pm
You gotta just luv SKEEM, says nothing, but simply posts informative links
Thanks Skeem!!!
specs said,
December 3, 2007 at 5:03 pm
jsm email me the info about olint
Kevin2 said,
December 3, 2007 at 5:13 pm
By the way…………..I have been informed that M Lee-Chin is scheduled to launch an fx trading company in JA soon. I understand he has a number of people trading in test mode currently. See folks, if they can’t win then they have to join the bandwagon. This is the same man that said that fx trading is gambling and that you can’t make money in fx trading.
This is coming from good sources but if there is anyone else in the know please also comment. The new Mutual Life building is where the action is happening I understand.
Patricia said,
December 3, 2007 at 5:21 pm
That man is a piece of work ……..He was the one that started the Ponzi Scheme argument, and said he does not know of anyone who became rich from fx trading……
Adrian said,
December 3, 2007 at 5:31 pm
#291 – Please send info to Join Olint – adrian.baugh@juno.com
DR said,
December 3, 2007 at 5:49 pm
well if Lee-Chin does it….for regular people like myself – I will join, as long as he will give 15% per month or more, in order to make up for all the previous years.
JM said,
December 3, 2007 at 6:32 pm
Anyone that needs a referral for minvestment, here is the link;
http://www.minvestment.com/?r=juds16
Up to date said,
December 3, 2007 at 7:05 pm
Hello Bloggers read this.
Greetings all, I have been reading your comments and had someting to contribute to this Cash Plus/NCB issue.
As you know the commerical banks in JA is rooted too
deep in our financial infrastructure to be boycotted. But,
we can take a more crafted approach to crippling the united front that the banks are taking by forcing them to
fight one another. How can we achieve this ?
Well we can withdraw as much funds as possible from NCB and move them over to BNS. I know what you are thinking…..BNS??? . Yes, remember BNS is NCB’s biggest rival (lets not forget that), and they can facilitate our banking conveniences in lieu of NCB. What do you think will happen when NCB realises that their customers
are moving to BNS ? –> BNS vs NCB war for customer base.
We let these two duke it out, we use the divide and conquer model on these guys, not to mention send a strong message that we mean business. Once NCB is disabled and BNS starts to misbehave we move to the next biggest bank and so on. We cannot switch to JMMB, JN, FC, etc, but perhaps RBTT. Most of the other financial institutions have accounts with NCB. NCB is too
big to be taken on as a group. So my choice for BNS- is that, it is the lesser of two evils. I dont think picketing will work, but please if anyone wants to, I support you all.
When you have read this comment, discuss it with your friends before you decide, don’t just dismiss it. I know
it can work. Remember NCB is all about profits, and we
have a viable shot to cripple them – AT OUR CONVENIENCE. Yes, I am a BNS client, but I am also a
big cash plus investor. Cash Plus deserves our support
and it wll not take much effort on all our parts.
BNS is independent of NCB and can provide us with all our CC/DC and other banking facilties. Theirs is our only
serious alternative. So please think about it.
specs said,
December 3, 2007 at 7:17 pm
jsm my email is spece_357@yahoo.com re olint
milo said,
December 3, 2007 at 7:23 pm
any one know olint rate for novemeber
Arime said,
December 3, 2007 at 7:31 pm
#334, Clean
HW Office
876-971-2324
876-971-8480
Office Manager
876-772-2374
876-828-0039
Patricia said,
December 3, 2007 at 7:41 pm
milo, it was 7.21%.
Atasha said,
December 3, 2007 at 7:57 pm
Olint’s rate seems a little low this month. I wonder if all the hoopla going on had an effect on what was offered this month. I have heard that the amount they give members is less than what they actually make trading. Any truth to the statement?
VMS said,
December 3, 2007 at 8:05 pm
I realized that the banks are having problems paying people thats why they are acting like this and to how things look its not gonna be easier anytime soon. you see, when people get their checks from these invesment they are all cashing it and taking their monies and spending it. the banks want us to be depositing and thats not happening..persons prefer to cash their checks and lodge at JMMB .. what i heard today is that all the other smaller investment like HW are expecting cash plus to take on the war with the banks on all their behalf..
I thought the banks were worried that all the loans that are loaned to people are invested in these clubs and if the clubs fail they will have trouble getting back their money..but thats just half the battle..and trust me people they are worried…
Ian said,
December 3, 2007 at 8:51 pm
Post# 291, JSM Can I get info RE OLINT ….email is sampl3@yahoo.com
Jcan said,
December 3, 2007 at 9:10 pm
Radical way of Thinking Moving Forward securing your wealth off shore…
http://www.financialprivacy.com/ebooks/creating_wealth_offshore.pdf
Jcan said,
December 3, 2007 at 9:45 pm
I received this email sometimes ago…This colourful writer is very comical…
Subject: Funny posting from one investor
Let me tell you what is Immoral and what SHOULD BE ILLEGAL, IF IT IS NOT ALREADY!
- Banks taking your money and lending it to other people – sometimes your mortal enemies- and paying you a fraction of what it has earned for them…and sucking out a bit of that fractional payment to give a GOVERNMENT
- Governments who eat out 33.3% of your salary on payday, gouge out of the remnant another 16.5% because they know you have to buy food, clothes and services
-Governments who then proceed to instruct their partners in CRIME (BANKS) to not lend you any money, unless you can prove that after they have robbed your entire paycheck, you have money left over to use as security
-GOvernments and BANKS who after taking your all, collecting your savings, then go into your surplus and suck out more like vampire bats “Barney come inna de night just aroun’ midnight”
_Governments and BANKS who “dont have” the resources to protect us from being robbed, raped, stabbed, killed on the road like mongoose by drivers who have purchased a drivers licence – WHICH THE GOVT KNOWS BUT DOES NOTHING ABOUT..WHY
-Because the only time Government and their cohorts BANKS get really involved in people’s business is when MONEY is involved.
So now all of you want to help us poor EEDIATS who have managed to scrape some remnant of our paycheck together, from LOSING IT?
What is the fucking difference David Smith TIEF it from ME? IF HE TIEF IT, at least he offered something in return. What the ras the government and the f….g banks dem offer? YOu ever try to get a loan in this country for anything other than a damn motor car? YOU ever try send pickney to school abroad with a fri….g dollar devaluing every day because of the r..scla..t banks and GOVERNMENTS?
Shut all you ass up about being legal..how many of you sleeping with men, committing fornication, being incestuous, ripping off the people who buy from your shop, doing shoddy work……? Legal..? THANK GOD FOR DAVID SMITH and any other person out there who can save my money from the greedy, thieving, assholes called BANKS AND GOVERNMENTS…
I not paying Government to look after my money..that is what I have a brain for..I paying them to fix road. keep down crime, build hospitals, train educated teachers, and provide jobs…not to run down my last hope of being able to provide for my family.
Money laundering my ass! Is only the CRIMINALS who can ALWAYS get a bank loan from MY SAVINGS, who is money laundering! The big bway dem, genetically connected…dem deh. Small fry no inna money laundering so we no haffi fret………BIG UP DAVID SMITH! GOD BLESS YOU AND STRIKE YOUR DETRACTORS WITH BRIMSTONE AND LIGHTNING! A POX UPON THEIR HOUSES THESE WHITED SEPULCHERS FILLED WITH THE BONES OF THE DEAD AND DYING JAMAICAN TAXPAYERS!
JSM said,
December 3, 2007 at 9:58 pm
Hey DH I sent you the info on OLINT.
Contact me if you have any questions.
JSM said,
December 3, 2007 at 9:59 pm
Post # 349, Ian. I am stepping out for a minute, actually one hour and a half. When I get back I will send you the info on OLINT.
Talk with you later.
JSM said,
December 3, 2007 at 10:03 pm
Post # 344 OLINT’s Percentage payout for Nov. was 7.21%.
Antsman said,
December 3, 2007 at 10:17 pm
Is any of these firma PONZI schemes?
Antsman said,
December 3, 2007 at 10:18 pm
No disrespect to the investment forms….but how can we make sure these are not PONZI schemes
TB said,
December 3, 2007 at 10:19 pm
http://www.minvestment.com/?r=jettt
Its going good
Up to date said,
December 3, 2007 at 11:31 pm
Antsman what are you asking? Firma….
AW said,
December 3, 2007 at 11:36 pm
JSM,
May i have the info on OLINT
HD said,
December 3, 2007 at 11:46 pm
Warren Buffet betting against the greenback and how you can too:
http://money.cnn.com/magazines/fortune/fortune_archive/2004/01/12/357934/index.htm
HD said,
December 3, 2007 at 11:51 pm
More about FXCM “One of the fastest growing companies in America”
http://www.entrepreneur.com/Hot500/Details/66.html
JSM said,
December 4, 2007 at 12:43 am
Post # 359, AW send me an email and I will send you the info on OLINT.
jsm81065@hotmail.com
Phillip said,
December 4, 2007 at 1:08 am
JSM, could you please send me the OLINT info to forexphill@hotmail.com
Thanks
DW said,
December 4, 2007 at 1:16 am
JSM, info on OLINT thanks.dbops11@yahoo.com
DW said,
December 4, 2007 at 1:17 am
dbops11@yahoo.com
DR said,
December 4, 2007 at 5:50 am
Front Page of teh Jamaica Observer….WHAT…
PSOJ and Chamber of Commerce getting in on the action…..
http://www.jamaicaobserver.com/news/html/20071203T200000-0500_130016_OBS__GOV_T_MUST_ACT_NOW__.asp
DR said,
December 4, 2007 at 5:54 am
Olint Foundation launched:
http://www.jamaicaobserver.com/news/html/20071203T200000-0500_130017_OBS_OLINT_STARTS_FOUNDATION_WITH_US__M_TO_HELP_NEEDY_JAMAICANS_.asp
DR said,
December 4, 2007 at 5:56 am
PSOJ means Private Sector Organization of Jamaica: but most of us know it as
“Priviledged Sons of Jamaica”.
Don’t be fooled….The banks except BNS are apart of this organization….
so don’t feel that they really care for us…..
DR said,
December 4, 2007 at 6:01 am
Guest speaker Michael Missick, premier of the Turks and Caicos Islands, said that Olint foundation had his and his government’s support. He also said “Jamaica’s misfortune is indeed the good fortune of Turks and Caicos having gained these model citizens.” (speaking about David Smith and his wife Tracy)
oh my…..
HD said,
December 4, 2007 at 7:52 am
I could be wrong, but from that article it seems that the PSOJ is being critical but constructive. I personally see nothing wrong in getting the investment firms to be more transparent and stringent….all the better for all of us.
Poor Risk Taker said,
December 4, 2007 at 8:00 am
Oh wow now the business people are oh so concerned about our money… they are not concerned when you spending the little you earn on their highly overpriced goods and services.. why dont any of them come out and talk about that, about them suckign our pockets dry… they are so hypocritical… and here there with their big sds in the print and audio/visual media inviting us to spend of all we have this christmas … why not come out encourage customers to limit spending since savings is so important… many persons had no frikkin savings to start with, they scraped here and there to find some money to invest in these, most times ppl cant even find the opening balance, people open accounts together so they can meet the minimum requirements and still make a little small on their money…
the life savings they speak of some having is virtually non-existent…. it is since these alternate investments options have comeonto to the scene that some persons have began to actually see some life savings.. so i don’t know whta the hell they talking about…
these ppl are seriously starting to piss me off… and the fact that ppl are paying them no mind they are still not seeing the real problem, .. they dont realize the real sadness of this situation, that ppl including myself have become so desperate that you are willign to try some high risk after being downtrodden and taxed and service charged for every move you make in the regular financial institutions out of the little you save it still cant make any movements… and so people have basically reached the point where they really dont care and it has now become a matter of principle… it matters not for some of us about the losses, yes we all to love to have all wins in life, but sometimes you have to make sacrifices to make a point… so ppl we really need to tek it dem… its either they gonna recognize the viable real investments (cause u know a lot of fakes gonna use this period of turmoil as their chance to pop up) or we just move we money and give it to offshore investments….
Investment Tech said,
December 4, 2007 at 8:00 am
JSM info on OLINT topstriker01@yahoo.com
Antsman said,
December 4, 2007 at 8:08 am
I am asking if OLINT anf Lewfam have some sort of financial accountability.
JOE JOE said,
December 4, 2007 at 8:13 am
JSM send that OLINT info to jhippolyte@hotmail.com
ensley said,
December 4, 2007 at 8:23 am
for a referall to Higgins Warner
email me at smith08us@yahoo.com
happy investing!!!!
ensley
DR said,
December 4, 2007 at 8:41 am
#371 well said:
#370: I agree they were trying to be constructive, but believe me, those Priviledge sons talk from two sides of their mouth. All banks except BNS are a part of that organization. They are the same ones that are fighting, C+, Higgins and the other 30 clubs that exist.
Bill of BNS left the PSOJ because he had a problem with Chris Zacca, formerly of Air Jamaica. Question: Were Air Jamaica ticket prices any lower than other airlines?
They don’t really care about us. tehy are just trying to use their brains.
I could bet anybody here that 2008, WHEN OLINT WINS the case, the “oppressors” are going to start offering 5% or more per month, in a bid to get back at the clubs.
BlueBird said,
December 4, 2007 at 8:42 am
#347 Atasha,
You mentioned that Olints November % was a bit low…in general this time of year it will be lower that normal and I expect Dec to be even lower…just from the little I know about the Fx market at this time of year…certainly there are exceptions.
You also mentioned that they pay out less than they make…they have to make a profit
….they do a lot to help with the money they made though…but not only that…I am sure they are not trading the entire amount held in each account. That would put their entire balance at risk…so I am pretty confident they only trade a set % of their entire holdings. In the end the higher month will make up for the lower months to give a pretty decent average return.
DR said,
December 4, 2007 at 8:47 am
If they care so much why is the ticket for Jazz and blues so expensive?
They don’t want the regular Jamaican man to attend, We can all attend next year because of our monies in these clubs. In other words, the regular Jamaica man who is still afraid to put his money in a club will NOT be able to attend. ha ha
Do you think Michael or Bill will attend the festival?….I don’t think so. As a matter of fact, I heard that Michael bank will NOT be setting up any booths at all….ha ha
DR said,
December 4, 2007 at 8:49 am
ticket US$75 per night per person
http://www.airjamaicajazzandblues.com/08/
Cleon said,
December 4, 2007 at 8:50 am
Special Thanks Arime,
Really grateful for the info.
Cleon said,
December 4, 2007 at 8:52 am
Ensley
Have u received payment for November / December yett??
O Watch Dog Group Inc. said,
December 4, 2007 at 9:08 am
To all members of this blog.
Let me first start of saying that the Blogger instituting this blatant false pretence by the name of JSM is not to be taken up into his offers of accounts.
JSM I would advise you to stop misleading hopeful perspective clients into believing that you can get then into OLINT this has to stop immediately.
To All members of this blog please be advised that OLINT CORP will not be accepting or has anyone on the behalf accepting any new clients in any form. I would advise that people requesting information from JSM cease and desist from this.
This is the type of information that could further hurt an ongoing case by this type of false hope and deception being issued by JSM. Let me advise again there is no other company or individual that represents OLINT that can get you into OLINT until further notice by the company themselves.
Regards
O Watch Dog Group Inc.
Enlightened said,
December 4, 2007 at 9:13 am
HD,
I agree with you i thought the statement from the PSOJ was constructive and actually articulated the way the previous government should have gone about regullating these entities.
Instead of kicking of David Smith’s door and seizing his files ad equipment and creating animosity if they just said you are taking money in the name of a club, you will be required to provide us with financial statements and some suppporting documents. But the previous govt chose the malicious “gestapo like tactics”… and now look were we are at… a lot of time and money being spent in the courts and media and still no results.
PoorRiskTaker said,
December 4, 2007 at 10:29 am
So true, Enlightened #383… all though I just finished cussing them out, I had to do that to ease the tension.. but the truth of the matter is.. since they are taking our money and they feel that it needs regualtion why is there just so much, talk, talk, talk.. we need to see some action… nobody has come up with any solutions to this cause… it was constructive for real tho, because if it can be regulated then I am all for it…
But the thing is that as supposedly knowledgeable business people they are still try to treat F/X trading as something shady and that’s what ,y main problem is with them
nick said,
December 4, 2007 at 10:33 am
yeah and turks benefiting more than jamaica from one of our most good hearted son.
shame on Bryan Wynter of the FSC. Thats why he resign i bet.
Anthony said,
December 4, 2007 at 10:35 am
And here comes corporate Jamaica to rescue our money so we can continue to fatten their purses. Do not be fooled by their statements it is not we they are worried about but themselves. I hear the talk that my new found wealth could damage the economy, so it would seem that economy of Jamaica rest on the hopes of me continuously living pay check to pay check. Well I will be damned.
I think what is needed now on a national level is what we have here, sharing info and giving people options as to what we could do with new found wealth to better family life and boost the production in Jamaica. I also think a lot of effort needs to be put in place to deter the criminals from getting into our schemes thus using funds to promote more negativity in Jamaica.
We look to the government to promote financial education to the nation at large and we in turn should continue to share info with family and friends and thus be our brothers and sisters keeper.
Let us also touch a life this Christmas help to pull Jamaica from the negative path it is on re the crime situation. After all I want to live to enjoy a positive life.
Anthony said,
December 4, 2007 at 10:47 am
I also support the part about transparency after all I would hate to be in a fly by night.
Patricia said,
December 4, 2007 at 11:03 am
There is a tendency amongst pple to demonise that which they fear and perceive to be threatening to their survival…so hence a lot of thrash talking in the media.It still has not reduced the almost 25% of GDP in these “schemes”
I am not anti regulation,as long as it is done properly and fairly..so that the sector does not become stifled by over regulation/taxation..the govt needs to be careful. Ralston Hyman’s commentary on this issue on Real Business this morning was very good. My only beef is when he said that as part of these schemes being brought into the fold, their returns would need to be adjusted(presumably downwards).
BTW, I know these things have been raised but saying it again…if u r investing in (particularly) overseas based fx entities, u should incorporate a company in an off shore country(Panama or Cayman is excellent for that purpose), and do all your transactions in the name of that entity.
ENLIGHTENED, The TAD should employ you as a Consultant( with a minimum $4M/yr salary) LOL, because you have been much more helpful than any of their pronouncements.
Arime said,
December 4, 2007 at 11:06 am
Re: Olint Foundation
It would be very interesting to know which bank Olint Foundation money is in. Anyone know?
DR said,
December 4, 2007 at 11:14 am
ha ha ha #389 Arime, I like that question? Thought provoking!
Enlightened said,
December 4, 2007 at 11:24 am
Thanks Pat
I like your posts as well, Its good to have the info but it’s even better that forums like this allow us to share it with all who are interested and learn more from them as well.
blessings
Mr. Skeptic said,
December 4, 2007 at 12:26 pm
THIS WHOLE PROTECTED MONEY AND UNPROTECTED MONEY SITUATION IS REALLY MIRAGE, JDIC RELEASED THERE INSURANCE COVERAGES IN THE SUNDAY PAPER AND THIS IS WHAT IT AMOUNTED TO;
ONLY SAVINGS AND CHEQING ACCOUNTS ARE COVERED (MAX $600,000) BUT NO OTHER ACCOUNTS NAMELY;
REPOS, GOV PAPER, MUTUAL FUNDS, STOCKS, BONDS, UNIT TRUST, MONEY MARKET ACC, TAX SHELTER ACC ETC……… BASICALLY ANYTHING YEILDING OVER 6% PER ANNUM (WITH 25% WITHHOLDING TAX WHICH EFFECTIVELY GIVES YOU 4.5% PER ANNUM) IS NOT PROTECTED. SO THERE WE HAVE IT “jDIC ‘ PROTECTING DEPOSITS FOR YOU AND ME’.
YEAH REALLY!!!
KidChillin said,
December 4, 2007 at 12:44 pm
With Olint $1M U.S foundation for the needy, I wonder what Le-Chin now has to say about the legitimacy of Olint Corp. I think this will change the way these high officials look at Olint and a lot of these other investment clubs. I think this makes it even harder for the Govt to step in with such generous donations coming in from this so called Ponzi Operation.
nick said,
December 4, 2007 at 1:00 pm
i think the government needs to be proactive about this. if the schemes are being reluctant its probably because the regulations by the FSC and BOJ is too highly beauracratic like most other government aganecies. Why have regulations that does not encourage business prosperity and innovations, instead of having regulations that limited profitability, innovation and competitiveness. Thats one of the main reason why jamaica is not a competitive economy. Since the inception of the CSME i have seen more and more products from TT, Guyana and other caribbean islands on the supermarket shelves in jamaica. How many of these territories do we supply with products or services at competitive prices. The things that we produce in jamaica are far more expensives than things that we important, globalization is killing us cant we see that. Weather we like it or not we live in a globalise market place and we have to compete or else our debts to GBP ratio is going to widen.
Solutions
Am glad to see the last govenment being replace, despite what some die hearted people may say such as most of my families, i strongly believe they were jamaica’s number 1 problem. too much foolishness was allowed to go on for too long until they get so rotten that they can control them no more, crime and corruption in all government related bodies is the two main ones. They never take the necessary steps to deal with those among other issues that was stearing them in their faces. Now that the new government is hear am not very impress either, i could be impatient, but one thing they need to do is to wipe out some of the foolishness that has been happening from years ago. They need to replace the executives of the major government agencies such as FSC, BOJ, OUR, PORT AUTHORITY, Agri Agencies, Land Valuation, NHT, among others. all those heads need to role not just NSWA. Well as for FSC i heard Bryan Wynter leaving, i have no grudge for him but i think he handled the OLINT issue not in favour of jamaica but more to make his agency look like they are doing something. I bet thats the reason he resign, because that was the biggest mistake his office made to run out Olint. How can you stop progress like that, these cave men regulations need to be modernize.
A new frame work needs to be done to legalise investment schemes C+, OLINT, WW etc The banks need to leave investment alone for these schemes and concentrate on how they can give people cheaper loans and better interest rates, they need to concentrate on decent banking practices rather than trying to milk every penny out of poor people with them 99 different fees even when you do nothing your charge a fee. While i firmly believe we need the banks and they need us, we still need to send a strong message to them, that a new generation of jamaicans come on stream.
ensley said,
December 4, 2007 at 1:12 pm
re #381
no not as yet but i hear Thursday or Friday
Patricia said,
December 4, 2007 at 1:32 pm
For purely self interest, DR or anyone ….any ideas on OLINT’s time horizon???ie…how long they will continue to trade as a fx club???…a yr, 2, 3???, , and if they were to lose the court case, what really would be the net effect of that????, after all they can continue operations where they are now, and move evrything on-line for existing members.Would love some feedback…anyone really.
Patricia said,
December 4, 2007 at 1:33 pm
Andre or Venture Capitalist please weigh in on this too
JH said,
December 4, 2007 at 1:59 pm
I have made money from Minvestment and I know someone who also receive money from them. What you can do is compound your money for a 21 days then take off your interest and start again.
here is my referral: http://www.minvestment.com/?r=JHolness
Arime said,
December 4, 2007 at 2:23 pm
JH
How did you cash out your money from e-bullion?
JH said,
December 4, 2007 at 2:29 pm
I am using E-Gold
VMS said,
December 4, 2007 at 2:59 pm
Arime# 389
I think Olint account is with First caribbean bank .. Also heard they were given notice to remove it.
VMS said,
December 4, 2007 at 3:09 pm
does anyone think that this thing can get out of controll ?? It sure seems that way from what i see happening .. I have friends and family overseas who invest in these Clubs and because of their monthly inerest being constant they all are calling me saying they are trying to get a lumpsum and move back here and live off the interest.. these are young people i am talking about 25-33 years old but they all believe in getting rich quick..
i wonder if its becoming a false sence of security.. I know we can make good money,get rich even but i am not recommending retiring so young because the interest looks good.. guess what? some of them are coming this weekened to check out whats happening and i sure would love some ideas on what you guys would say to them… hey HD, what say you?
Cleon said,
December 4, 2007 at 3:14 pm
Hi Arime,
Bwoy i have been trying, but to no avail in getting thru to HW using the numbers u gave me…..
Patricia said,
December 4, 2007 at 3:15 pm
VSM, yes they are with FCB, and there have been given time.
Back to my ? @398, I remember back in Feb this yr, Ethlyn Norton -Coke, who is a lawyer and reknowed tax specialist in Ja (partner at Deloitte & Touche), had said in an interview, that OLINT had done their homework and had planned their business around the law, and under the law as it presently stands, FSC has no jurisdiction over them..she did say that that would change if new legislation or changes were made. None made yet.
Patricia said,
December 4, 2007 at 3:21 pm
I would not recommend that anyone so young retire on that basis. I think they should take a lumpsum, if they can, and invest in some income poducing real estate. Do some market research and see what if any business they could get in. I think folks should spread their risk and not put all their eggs in 1 basket,any thing could happen.
BlueBird said,
December 4, 2007 at 3:24 pm
VMS…I have friends in that same age group who are planning to do the SAME thing…too funny…I have friends retiring in 3-5 years based on their returns and future interest. Many of them have invested in real estate…and used the money wisely, they can also getting less stressful job or organize their buiness plans (many of my friends want to be their own boss -like me). One friend walked off her job one day…that gave her the biggest satisfaction on the planet…she HATED that job but now she could afford to leave…never the less she got another job in a week…but if she didn’t she could have not worked for a couple months…anyways…but I could NEVER retire that early But I still want to know what the others thing you shoud say…
namekyoyo said,
December 4, 2007 at 3:30 pm
VMS what these youngins are saying is just foolish. I’m in that same age range 25-30 as are my friends who are even younger. We all know and appreciate the risk we are taking by investing in these clubs. We know this is but one aspect of accumulating wealth along with good money management practices, diversifying ones investments/portfolio, proper budgeting and allot more. People who approach these clubs as get rich quick schemes probably don’t understand the level of risk involved and worse do not have the correct mind set that will facilitate them holding on to any wealth they are able to generate.
I do not know what you can say to help them come out of the mtv /fast lane to riches mind set but i do know that there are many young people out there who do not think that way and are preparing for an exciting (these clubs are totally exciting) and probably tumultuous future.
JSM said,
December 4, 2007 at 3:46 pm
POST # 370: HD let me ask a question. For years ENRON was transparent but yet still in the end we found out that they “Cooked the books” How many people lost their retirement money? Oxford insurance did the same thing. No matter how much above board things might seem there is always things that we will never know unless we are on the inside.
Simply put, all of us who are involved with these “Investment Schemes” as they are called by others, I look at it as an “Alternative Form of Investing”, are fully aware of the RISK involved. I have been involved with the Markets on various levels for the past twenty. You buy stocks you take a risk, you buy commodities you take a risk, you trade options you take a risk.
Take a note from the Mr. Classon in the Richest Man in Babylon, “You cannot give your money to a Bricklayer to go and buy you Precious Stones.” I put my money in OLINT because they have proven to have a better track record than myself in investing. One year I tripled the Money I had invested with Merill Lynch. At the same time though I was losing on the Commodities Market. If someone can Trade for me and give me an AVG. of 120% return on my money, which compounded works out to 3.2 times my principal for the year. I will not question it. I will just keep on smiling.
Hey let us all enjoy the fruits that we are getting at the moment.
JSM said,
December 4, 2007 at 3:57 pm
POST # 382: Why would you say its False Hope. I do not Mislead People as you state.
Are you aware what the Basis of the case against OLINT is by the FSC? Why don’t you get your facts straight before you start writing.
You can contact me personally if you would like. My email info is JSM81065@hotmail.com. All I do is but inforamtion out there. If people want to act on it they can.
Sharonette said,
December 4, 2007 at 4:31 pm
JH RE:Minvestments
I can’t see where you can take your interest sooner than 150 days . Look at this FAQ
When can I withdraw compounded interest?
Compounded interest (in both progressive and simple modes) will be available for withdrawal after the lock-in period of 150 business days (from the date of the initial deposit into an account) is over.
How did you get the interest after 21days?
A'D said,
December 4, 2007 at 4:52 pm
VMS I see your point but I would not say it’s getting rich quick. They need more advice to keep focus.
First off it’s you initial money being invested I’ am sure it was worked for unless you had a trust fund daddy like I did ☺ just kidding, he left when I was still a teeny. But if you invest heavily and you reap the reward why not live the life you want to live. The bad thing is when you invest and use the money to finance a lifestyle like the Range Rovers, bling bling and all that it can be a problem. But if you reinvest and start companies like I do and find other ways to distribute the wealth then I say by all means Retire at your leisure.
By the way I just turned 30 and have made over $30,000.000.00 million in 1 year 3 months, by investing with these Investments. And I have started about two companies here one is a .com the other a commercial printing company and I own all my equipment no leases no money owed.
I would hope I am doing something positive with my money at this point.
Investment Tech said,
December 4, 2007 at 5:15 pm
#410
You can get your interest as long as progressive compounding is not enabled. You can compound for a time T then withdraw interest after that
BlueBird said,
December 4, 2007 at 5:18 pm
VMS…A’D is a great example of using the gains to produce more income/wealth…BTW….I hope you are all helping out others…Ex. I started a book drive for my old basic school..I have not shipped any books as yet..but I am collecting…old and new books….by the way….I will get them to Ja. So retirement is not an option… there is still so much work to be done. Anyways off I go now. Bless Up!
Investment Tech said,
December 4, 2007 at 6:36 pm
AD
How much did you make $30 million or $30,000,000 million
DR said,
December 4, 2007 at 7:12 pm
Well tommorrow is Wednesday December 5, not just Election Day but I think its the day that C+ will face FSC in court……
Cameras, lights, action. Drama
TRIGGA said,
December 4, 2007 at 7:17 pm
anyone knows what Lewfam payout for november. thanks
A'D said,
December 4, 2007 at 8:53 pm
# 414 INVESTMENT TECH
$ 30 million.
Cherryl said,
December 4, 2007 at 8:55 pm
can someone give me the email for Andre M? Ta
Adam Nehme said,
December 4, 2007 at 9:00 pm
HD,
Could you email the Ebooks that you mentioned in # 30. My email is:
nehme_a@firn.edu
Thanks
mark said,
December 4, 2007 at 10:07 pm
HD,
Could you also email those ebooks you mentioned in #30 to linkupgt@yahoo.com.
Let us all pray for C+ tonight and that victory may be theirs, well ours.
Well OLINT foundation was setup, then the opening of gotradejamaica.com. It seems the man is back in business in JA.
VMS said,
December 4, 2007 at 10:17 pm
Well patricia, Carlos Hill said it best “PUT YOUR EGGS IN ONE BASKET AND WATCH THAT BASKET” LOL!!!! Its in one of the brochures… I understand too well about diversifying your portfolio. I own my own company and i know all the challeneges and risk associated with what is happening but for some reason when i try to give my opinion or advice everyone thinks i am in it making money and trying to stop them.. but thats clearly not what i am doing ..its just that i have a business that is making very good money and i can afford to take the risk..i don’t want anyone losing dem money and coming to me..
Right now i am trying to pitch an idea to C+ and i have to be at cash plus almost everyday having meetings with them and i must say their client base has dropped significantly.they get mostly additions but not many new clients. Hopefully, they sign on to my project and I can let you guys in on it to get some support…
thanks for the advice guys..
VMS said,
December 4, 2007 at 10:25 pm
I also have friends with checks from C+ and his having problems changing them..anyone here having that problem?? my cousin went to BNS ocho rios and ask them if they are taking cash plus checks and they said no..
Cleon#403 let me know if there is anything i can do to help interms of info on HW …. I can get some inside if its general info you request .. I don’t work with them but i have a good relationship with max from when he was in Jamaica
HD said,
December 4, 2007 at 10:31 pm
419 and 420 …I think you guys are mixing me up with DH.
Joe Joe said,
December 4, 2007 at 10:49 pm
VMS 422
What is the deal with HW, have they resolved the issue with the banks. Also how much more information can you get about that Disney project and how far along is it.
HD said,
December 4, 2007 at 11:02 pm
JSM, I agree that there will never be total transparency but there needs to be a better set of rules and regulations so that the banks do not have the leverage or balls to be setting their own rules with respect to these programs on a day by day basis, and the government remain seemingly powerless because they have two bodies (BOJ and FSC) that are basically lame ducks to the situation and don’t know how to advise anyone.
HD said,
December 4, 2007 at 11:04 pm
JSM, you may want to think carefully about who may have posted 382.
HD said,
December 4, 2007 at 11:20 pm
VMS,
Personally I would not retire just on the income alone from these schemes as I still see them as risky investments that could go away anyday. AD is a good example of what to do. I don’t have my own business but I am working on it. I do not make bad money from my current job so even when I have my business up and going and making more money from the schemes I do not plan to quit too quickly. At the same time I am trying to learn to trade forex myself while still looking for opportunities in the stock market.
deuce said,
December 4, 2007 at 11:28 pm
hey Investment Tech have any info on how to get money from A3 via wire transfer
QUICKSILVER INVESTMENTS said,
December 4, 2007 at 11:50 pm
About Online Capital:
http://www.online-capital.com/en/Default/About/
QUICKSILVER INVESTMENTS said,
December 4, 2007 at 11:52 pm
About Finanzas Forex:
https://www.finanzasforex.com/Rentabilidad.aspx
QUICKSILVER INVESTMENTS said,
December 4, 2007 at 11:55 pm
Join with these links:
http://www.finanzasforex.com/quicksilver
http://www.online-capital.com/content/quicksilverinvestment
Michael said,
December 5, 2007 at 12:08 am
HW OFFICE IN ARGENTINA PHONE # 54 11 5278 6350 FROM MIAMI I DIAL 011 54 11 5278 6350.
QUICKSILVER INVESTMENTS said,
December 5, 2007 at 12:21 am
Starting an Offshore Fund:
http://www.capitalmanagementservicesgroup.com/offshorefunds.html?gclid=CL6u8bGykJACFQixsgodHhZlBQ
Amosif said,
December 5, 2007 at 12:31 am
RE: 431
QUICKSILVER INVESTMENTS
Please share some of your due diligence in regards to finanzas forex.
Thanks
QUICKSILVER INVESTMENTS said,
December 5, 2007 at 1:03 am
They recently had a convention in Negril, where I met other investors from Spain and keep in contact with. I heard about it initially from a friend of mine in Colombia.
Their banker, Credit Suisse and thier broker is Dukascopy (http://www.dukascopy.com/).
AD' said,
December 5, 2007 at 1:55 am
Hello Bloggers please read the Observer today.
The trials and convictions of Carlos Hill
Cash Plus boss jailed in 1990s for racketeering, mail fraud in US
http://jamaicaobserver.com/news/html/20071204T220000-0500_130057_OBS_THE_TRIALS_AND_CONVICTIONS_OF_CARLOS_HILL.asp
Quick Question said,
December 5, 2007 at 2:28 am
Hi all,
Quick question….has anyone who received the OLINT info from JSM called the number and spoken with his contact? What was the outcome?
Thanks
alicia said,
December 5, 2007 at 7:38 am
@422
Have your friend try Jamaica National or First Caribbean with the cheque from C+. NCB or BNS will not take it as they are the master planners behind all this. I am hoping for the best today in court for all involved including myself.
Investment Tech said,
December 5, 2007 at 8:07 am
#428 deuce
There is a withdraw button than you can select which gives you the option to input you wiring info, they say it should take 5 days(working). The min that you can withdraaw for this method is $1000.00
however i have heard people saying they cant get their money. i have invested but not heavily. A fellow investor tells me not to withdraw more than 40% of your money at a time and it should go thru.
Cleon said,
December 5, 2007 at 8:48 am
VMS,
I am getting a bit frustrated, because I really dont know whats the current situation with HW, first I hear that they are going to start doing business overseas – Bank of America (wire money from there to local accts)….then I hear they have sort out all problems with the local banks…but in all of this…my account is still not updated….I think i just need to know WHAT THE REAL SITUATION IS….can get thru to anyone when I call…so some info in that regard wud be good..
DH said,
December 5, 2007 at 8:56 am
F1 investment interest for November is a mad 0.01% yes I say a mad 0.01%
Enlightened said,
December 5, 2007 at 9:11 am
Sad morning for Carlos Hill and cash plus,
The case details that the observer printed are nothting less than damning…
At the peak of his U.S fraud he was the president of 35 companies and he owned a national commercial bank and a law office (seems like he had a plan) and was the head of a “complex ponzi scheme” were current advance fees were used to partially fund some loan commitments and thus perpetuate te scheme.
sounds like Cash plus to me… I hope that this does not create any further problems…. but then again i also hope for world peace; possible yes, probable no!
DB said,
December 5, 2007 at 9:24 am
HD (#427) – I agree. Eventually I would like to start my own business but I plan to keep my regular job until then. In the mean time, I want to find a consistent, profitable strategy in the forex market, stocks, etc. Also, I view any additonal income from the investment schemes as a bonus, not as the only source of one’s income.
Cleon said,
December 5, 2007 at 9:26 am
VMS
And to further compound matters, NCB & Scotia in response to the article HW published last sunday, state categorically in todays Gleaner 05/12/2007 that they have not accounts for Higgins Warner…..so the confusion continues…..HW accuse BNS & NCB of with-holding money in their accounts however the banks are sayin they have no accounts for HW or world Wise….i wonder whats next…..
VMS said,
December 5, 2007 at 9:35 am
After seeing the Observer today I think this is it for carlos Hill.. I think he his gonna get another Run and not a small one at that…I feel it for him and all the persons who have invested with him ..All this time i was thinking what if the banks and other institutions licking out agaiints him knew something that we don’t.. I think this is really gonna hurt him. This is what will test the people’s true resolve..
VMS said,
December 5, 2007 at 9:41 am
Cleon ..
Are you aware of the fact that HW use to operate here before?? and are you aware of the circumstances that accured in forcing him to leave here?
nothing that happens with him now will surprise me.. thats why from the first blog page i was warning people to be carefull…
Mr. C said,
December 5, 2007 at 9:42 am
Indeed this will be a true test for him. I am in full support of the truth and nothing but the truth coming out. Interesting artcile however did it say if those investors got back their funds (i might have missed it)?
Cleon said,
December 5, 2007 at 9:47 am
Well VMS, i didnt know about his past stint here in Ja, persons have been getting the monthly interest and hav even made back their initial capital two & three fold so i thought I wud give it a shot…..so u r sayin that his reputations is that bad….
Enlightened said,
December 5, 2007 at 9:51 am
Mr C,
Some restitution was paid but in the end one case caost taxpayers close to USD 100 million and in the other case of the $8 million fraud it didnt detail be indicated that people lost money.
As for HW i have never made a post but i think its time now… VMS is right he was at trade center and i spoke to him about 2 years ago when he took the funds and didnt pay back people fortunately i didnt bite… most got back some percent of what they put there but still lost alot they are just unwilling to admit it publicly. VMS i’ve been warning people as well!
I dont think the banks are making anyking of mistake with HW I think its just him using the current situation to stall and possibly defraud people.
Cleon said,
December 5, 2007 at 9:54 am
Thats sad to hear….guess i shud hav checked out this blog long b4 i decided to invest…..
Enlightened said,
December 5, 2007 at 9:58 am
MR C,
In the one case it cost tax payers USD 100 million and in the other it doesnt say if the 8 million was repayed … some restitution was made during the whole thing but the net effect was losses.
And VMS i agree with … I have neve posted any thing on HW but i do know when he (max higgins) was here at trade center and he was even interviewed by Ralstan himan on real business and couldnt explain his business properly, and i do know that he took the peoples money and never paid them back… most got some percent but alot lost more than they got… they just dont talk about it publicly
The banks are’nt confused or mistaken i personally think he is using the current situation as an opportunity to delay the payments or possibly defraud people.
Enlightened said,
December 5, 2007 at 10:00 am
my computer froze … so i retyped my comment i didnt see the earlier one
chillin said,
December 5, 2007 at 10:08 am
#431 to quicksilverinvestment when last have you received money from online-capital, i requested some money for over two months now and had not received it, what is your experience
Patricia said,
December 5, 2007 at 10:10 am
Well said DB, I am a self employed professional and have been for almost 11 years…I would certainly enjoy the peace of mind and other tangible benefits that come with the returns from my investments, but I think that working brings other rewards than just $$, and the ability to meet my obligations. If I am as succesful as I would like from these investments, I want my children and their children to also benefit from it.
chillin said,
December 5, 2007 at 10:12 am
remember mr hill said that no institution cannot sustain a long term run on it, thus better hold our money in cashplus so it can work, not because those enttity failed, this one will, you need to play your part so it work for all us jamaicans, spread the word.
Patricia said,
December 5, 2007 at 10:13 am
I got my money on my mind and my mind on my money, BUT….. I cannot afford to be too laid back, but every now and then you should drink some gin an’ juice.
Sharonette said,
December 5, 2007 at 10:26 am
Well Cleon,
Sounds as if we are in the same boat, this friday will be my first 30 days with HW. Let’s pray and hope that we realize the next 6months
Enlightened said,
December 5, 2007 at 10:26 am
you go lil’ Pat… that record contract is just around the corner …
Im willing to be your manager… i’ll only take 15% before deductions…
I can see it now your name in lights … all that bling… we’ll be rich… forget alternative investments think “record execuitve”… lol
Cleon said,
December 5, 2007 at 10:32 am
Sharonette,
Definately, I shud have received my dividents last thursday Nov 29….so i am still watching and checking…..have u heard anything tho
Mellonie said,
December 5, 2007 at 10:35 am
Hi DH
#441
“F1 investment interest for November is a mad 0.01% yes I say a mad 0.01%”
Which plan paid 0.01%?
Thanks
Patricia said,
December 5, 2007 at 10:39 am
Aaahh mi chile wi ave to laff now an’ den, especially in dis ya -8 C wid di snow an’ ice………ah jus finish di epistle inna di Habserva, what a calamity!!!!…ave mercy….ah ‘ow dis ah guh en’ up???
DH said,
December 5, 2007 at 10:40 am
#441
The platinum plan
JSM said,
December 5, 2007 at 10:46 am
POST # 458-Enlightened, Hey I see you have started using the Phrase that I said, ALTERNATIVE INVESTMENT, instead of investment schemes. How we speak about things in Life becomes how we perceive them. As they say PeRCEPTION IS REALITY.
JSM said,
December 5, 2007 at 10:50 am
POST # 426-HD, Why should I think about who Posted the Remark about What I said about OLINT. I personally sent him a mail saying he can contact me.
Sharonette said,
December 5, 2007 at 10:51 am
Haven’t heard a thing….someone i know has received two months payments from HW already though.
DR said,
December 5, 2007 at 10:54 am
I am really not sure what is going on between HigginsW and the banks BNS and NCB….. Someone is lying…not sure who is.
I also had problems with A3union….Between them and Moneybooker.com…. I tried getting a transfer and eventually they told me it could not be done…. yet at the time Moneybooker was advertised on thier website….
confused
DR said,
December 5, 2007 at 10:58 am
It seems as if the Observer hates Carlos…. we’ll see what comes out of the court case….
How is the environment at WW? I am getting a little uncomfortable….has anyone heard anything? recently? I wonder if the Observer is gonna do background checks on their managing director? I hope he is clean. I have liked that company for a long time but……(lately not so sure).
HD said,
December 5, 2007 at 10:58 am
Thats not the official gain for F1….we will know the official number on Monday Dec 10th.
Gamma said,
December 5, 2007 at 10:59 am
JSM— please send me info on Olint please — magbrown86@gmail.com
thank you
VMS said,
December 5, 2007 at 11:03 am
Enlightened…
you are so right, when i read the observer its like a morror of his operations with cash plus…I have seen where criminals who get convicted for certain types of crime after being released they just relocate and start all over again. A PONZI SCHEME is just what it is..and a complex one at that. mi granny always say ” if you nuh mash ants yu nuh see him gut” boy Carlos i would say god be with you but right now you may need more than prayers… I can’t wait to hear HD and Patricia
DH said,
December 5, 2007 at 11:05 am
OK thanks, because I was little disappointed,
Patricia said,
December 5, 2007 at 11:18 am
VMS all I can say is massa God for me, is something alse. ’cause him know why when I called and emailed C+, after I got my refferal, and they, to this day, have not responded to any of my due diligence questions. I was to have been in Ja for Christmas, and was prepared to join the line, but because I had not booked from Sept/Oct, the fares were ridiculous and I changed my plans……
Now all of this has come up since then, and I repeat my previous comment about a person’s past behaviour, particularly were the behaviour was reoccurring and consistent……I’m not passing judgment, butI living in North America, and worse the profession I’m in, I am VERY weary about doing business with any one who has been found guilty on a federal charge involving fraud and rackiteering…the FEDS NEVER let you off their radar, and will also watch all those who do business with them.
DR said,
December 5, 2007 at 11:18 am
Do you all think Minvestment is just another Swiss Cash?
I am thinking about them, but I am scared, as I’ve always maintained that I prefer the ones that have an office here in Jamaica – - where I can see and meet some people…..
Do you know anyone that has received payment after 150 days….
JM said,
December 5, 2007 at 11:33 am
DR minvestment has been around since 2000 and are located in BVI. They have a telephone number and respond quicly to emails. I know people who are involved and are close to the 150 days so I am waiting to see. But so far so good. As usual invest only what you can afford to loose.
http://www.minvestment.com/?r=juds16
Enlightened said,
December 5, 2007 at 11:36 am
The same here Pat,
Work requires me to do different financial and operational analysis and i learned that people tend to repeat behaviour thus the term “repeat offender”…
And when people find out or know that you were involved in questionalble happenings then you are always being watched even if you dont know it.
The first time i made a post to this blog as “Concerned” it was just after the C+ meeting where he made the addmission… when i read the cases in detail i realise that C+ was no longer for me. The info is out there so its for person to utilise it.
Patricia said,
December 5, 2007 at 11:37 am
J’CAN….( or anyone else who is a member, and comfortable giving one…) I have been checking out chfx, and am really interested in trying them out in ‘08…like the resources and info they provide as well. Dont want to make up a “dummy referral”, so can you be a referral…..pls respond at…
meikle61@gmail.com
Thanks in advance
VMS said,
December 5, 2007 at 11:42 am
Well DR, I think that if Carlos had all those skeleton in his closet why go and sue the observer..I don’t think they are gong after WW just for nothing so if they do it will be something…
About HW, i wouldn’t be surprised if its not only the banks that are having problems with him but him having problems finding the people’s money.. Last time i heard that it was NCB, nothing about scotia and him. I think something is wrong but i dont know what it is yet …
Arime said,
December 5, 2007 at 11:47 am
Cleon,
I too cannot get Higgins on the line. I use to get them at those numbers. I joined Higgins in June so this month should be the end of my contract. I cannot wait and see so I call my Sis to check things out at the office today. Will let you all know lata!!!!!!
DR said,
December 5, 2007 at 11:55 am
Thanks VMS and JM for your quick response….Let me know what happens after the 150 days in Minvestment.
We will see what will happen with Worldwise……
Respect
Arime said,
December 5, 2007 at 12:02 pm
Timing, Timing, Timing. Why today of all day The Observer put out that article. I am sure they had it before. We welcome the info but why today. Did someone in the Observer got instruction to let Carlos look really, I mean, really bad when he goes to court today. Look too fishy. I am not a cashplus member just an observer.
VMS said,
December 5, 2007 at 12:19 pm
I say he had it coming .. who cares bout timing ..with a past like that its just a matter of time..I say time has been on his side.. His lesson from this is don’t mess with the big guys unless u can back it up ..(Gordon Butch Stewart)
Fishy or not the big guys hit where it hurts..
I did invest with C+ and made good on my investment but pulled out in october.. but i am now worried about everyone in it just incase things go down hill from here..
VMS said,
December 5, 2007 at 12:20 pm
Well I am going up by C+ now .. I will let you all know what the mood is like ..
DB said,
December 5, 2007 at 12:23 pm
“JCAN” – I’m also interested in chfx and what they have to offer. I would be interested in a referral if that’s ok with you. I can be reached at riobell2007@gmail.com .
Best Regards…
Enlightened said,
December 5, 2007 at 12:25 pm
# 480
Good point, i forgot that it was today that he and the banks were to return to court about the injunction.
I saw the smoke… thanks for pointing out the fire
nb.. Jamaican proverb: “you never see smoke without fire”
Enlightened said,
December 5, 2007 at 12:33 pm
VMS,
I agree with you totally,
With a past like that dont bother going into a fight with the big guys throwing jabs (small lawsuits) because those guys throw uppercuts (todays article)…
Mr. Hill should just try to keep his business (funded with the peoples money) a float and leave out the unimportant stuff… if it is the fact then its a fact dont go upsetting the media… he did’nt get the herald so he wont win in a fight with the media…
DH said,
December 5, 2007 at 12:35 pm
#476
I tried the dummy referral and the people dem run mi wai.
They directed me to find a referral
AJ said,
December 5, 2007 at 1:15 pm
Enlightened & VMS I think you are correct. I understand that that Emile Higgins of HW is a con artist. He not only ripped off people but also financial institution in JA. Thumbs up to those who got back their money but new investors…… remember that it takes a constant (and increasing) flow of new investors for you to get your monthly interest.
This looks like the beginning of the end for Cash+….persons have been going there and given cheques that are not worth the paper they are on. The feedback is that the crowds and long lines to open new accounts have disappeared. Carlos Hill knew that he could not pass the “Fit and Proper” test to operate a financial institution. I glean that the banks know a lot more than we do but their duty of confidentiality prevents them from speaking.
I hope for the sake of the investors in C+ that things turn in there favour.
Cleon said,
December 5, 2007 at 2:03 pm
Ok Arime,
That would be great…I anxiously await some info…hopefully your sis will get some for us….
JOE JOE said,
December 5, 2007 at 2:10 pm
AJ#487
Could you expand on that statement about Max. It would be so helpful.
nick said,
December 5, 2007 at 2:39 pm
I want to hear about max
Patricia said,
December 5, 2007 at 2:59 pm
AJ, my problem with the banks, is that I dont believe, they just stumbled up on this info about Carlos. I think they have known for sometime. Why are they waiting until now when C+ so entreched in the country’s economy to start orchestrating its demise. There have been ??/rumors about CH and his business model swirling around for too long. Certainly the Portlan Wonder Boy or a Bill would have done investigations to get info on him long ago. After all their bredren “Mi seh run wid it” had declared that they “gwine lack it down”…..why the delay???…. guess they gave all the big boys time to get out and have their cheques cashed first. hhhmmm…..Something is rotten in the state of JA.
DG said,
December 5, 2007 at 3:13 pm
LEWFAM posted 6.49%
Dominik said,
December 5, 2007 at 3:28 pm
#416 Lewfam returns for Nov 07 – 6.49%
DR said,
December 5, 2007 at 4:51 pm
Well its time for confessions: I did here from as early as July that something was going to happen towards the end of the year with C+, but I was not so sure. I stayed the course with them until September, pulled out: Nevertheless, I feel the pain for the persons who are still members: especially those who just joined:
There was a report that the Board of directors would have been in place by November, and that C+ would have been registered (not sure with whom) by the end of November…and that the balance Sheet would be ready by November….
Not trying to say anything bad…just calling a spade a spade.
Anyway, my prayers are that he will come out victorious…. Please Lord, have mercy: Carlos has helped many of us to see the light: Alot of us started off there. We have moved on up….. but I would never say anything bad about my roots.
Is Worldwise safe?
DR said,
December 5, 2007 at 4:55 pm
The Oppressors will dig for information, folks the oppressors will sometimes include the press. Don’t be fooled….
The president of PSOJ works for the Chairman of the Observer….haha hahahhahahahh (air Jamaica connection)
PSOJ = Priviledge sons of Jamaica
JSM said,
December 5, 2007 at 4:57 pm
POST # 382, THE DOG, whomever you are I am still awaiting your reply to my POST. I said you can contact me personally.
JSM said,
December 5, 2007 at 5:01 pm
Back to the DOG, I don’t need to hide behind a Computer if I refer someone they can contact me directly. You have no idea who I am. I say to you again, go ahead and contact me.Read all that I have said to date on this BLOG. Have I ever referred anyone to a place that they would lose their money? NO.
Arime said,
December 5, 2007 at 5:02 pm
VMS
#481 He had it coming yet
#421 You are in his office every day trying to pitch an idea.
Just an observer
Patricia said,
December 5, 2007 at 5:25 pm
I have heard Carlos Hill described as a possible “by-product of Satan’s left testicle and one of Portia’s eggs”, and David Smith as “the second coming of Christ”, but in twenty years from now what will the history books say????
I wonder what happened in court today. Was a further injunction granted?
AND DR this is the time to spill it!! WHAT ELSE IS ON THE HORIZON???? I had asked you what kind of time line you think Olint has….any thoughts…. anyone??
JSM, send mi di likkle info nuh, ah weh mi do?
JSM said,
December 5, 2007 at 5:36 pm
POST # 499, Patricia unless you are going under an assumed name where have you asked me for info? I am still awaiting the REPLY from the the o watch dog group. He/She says I am giving people false hope. Contact me at jsm81065@hotmail.com and I will talk to you more there.
Kirk said,
December 5, 2007 at 5:58 pm
I have been reading what JSM write about “getting into” olint.
There is only one way to “get into” Olint that is to give your money to a friend or to give a company that invest the money into Olint. It possible to get the same interest that Olint post each month.
Enlightened said,
December 5, 2007 at 6:05 pm
JSM cool down i know that it upsetting when people question your integrity but is so these things go some times… people will err and some times offend,
a soft answer turneth away wrath,
And i know one thing i havent asked for the hook up but if the initials WS mean anything to you enough said, and yes watchdog is either not fully informed or just plain wrong….
No harm no foul… we the constant bloggers trust in you.
lover said,
December 5, 2007 at 6:17 pm
where does cash plus members go if they want to pull money ?
lover said,
December 5, 2007 at 6:18 pm
response urgently needed………… someone please reply
Patricia said,
December 5, 2007 at 6:39 pm
JSM, as my future recording manager said, breathe in ..breathe out and then find a happy place
Some of us err, but I dont offend..checked my mail..and I had erroneously capitalised the letters
Peace
Gamma said,
December 5, 2007 at 6:41 pm
JSM—- I asked for info on Olint previously –pls email – magbrow86@gmail.com
Thank you
alicia said,
December 5, 2007 at 6:45 pm
Just thought you would all like to hear the ruling for today from the courts, there was none as the matter was adjourned until January 23, 2008. I just heard it on the 6:30 news on Fame FM> the adjournment was requested by Bert Samuels one of the lawyers for Cashplus and the reason given was another lawyer for the Cashplus team K.D. Knight was unavailable today because of local government elections, yes it said K.D. Knight, I find that to be interesting that he is a part of their legal theme.
Of course the lawyers for the FSCare mad as they are ready and stating that Cashplus has over $4 billion dollars for over 11,000 investors and they need to be regularised and registered to be offering securities in Jamaica.
I am hoping for the best at the end of the day.
JSM said,
December 5, 2007 at 6:45 pm
POST # 501, THAT WAS EXACTLY WHAT I MEANT WHEN I STATED GETTING INTO OLINT.
I AM SORRY IF MY REMARKS WERE TAKEN BY OTHERS OUT THERE TO MEAN THAT THEY COULD GET INTO OLINT DIRECTLY. IF THIS IS THE CASE I DO APOLOGIZE.
THAT BEING SAID I AM NOT ON THIS BLOG TO SOLOCIT BUSINESS FOR MYSELF OR ANYONE ELSE.
LIKE MANY OF YOU OUT THERE I DID NOT GET INTO OLINT ON THE FIRST GO AROUND. IN FACT I SENT MY APPLICATION IN AND BECAUSE OF MY LOCATION I HAD TO SEND MORE PAPERWORK IN. THAT HELD ME UP FOR A WEEK. DURING THAT TIME THE INJUNCTION CAME THAT OLINT COULD NO LONGER TAKE ANY NEW CLIENTS.
I WAS IN FACT ABLE TO GET IN WITH A COMPANY THAT IN FACT PAYS THE SAME RATES AS OLINT EACH MONTH.
I CAN EASILY SIT BACK AND DO NOT GIVE ANYONE THE INFORMATION THAT I HAVE. I WAS TRYING TO HELP. SORRY IF SOME OF YOU OUT THERE WAS MISLED.
AGAIN I APOLOGIZE.
JSM said,
December 5, 2007 at 6:48 pm
POST # 501, Enlightened. You are right, My Grandmother alsways told me that when I was growing up in the Country. YES, I am as some may say a “Country Boy”. But you know I have seen the LIGHT.
I will calm down. Thanks.
Patricia said,
December 5, 2007 at 6:51 pm
hhhmmm Bert & KD, so he’s represented by Knight ,Pickersgill, Dowding & Samuels…P@P firm…hhhhmmm very interesting
Patricia said,
December 5, 2007 at 6:53 pm
Welcome back the JSM we know…see the happy place really works
DH said,
December 5, 2007 at 6:54 pm
Don’t worry JSM the information was appreciated
alicia said,
December 5, 2007 at 6:55 pm
@503
In order to pull money from Cashplus you have to give them 10 days notice before your contract period it up, say you signed out for three months and your third and final payment is due on the say January 31 you would have to send in the letter from Janaury 21.
You have to take in your ORIGINAL contract and a ID on the date and collect your cheque at the office you did your transaction. If you need to verify this information you can call their call centre downtown the number is 620-4506.
Hope this info helps.
JSM said,
December 5, 2007 at 7:00 pm
I am on the phone with a friend of mine right now and she said that she cashed her check from Cash plus last week and she was able to cash it at First Caribbean Bank last week. She had no problem cashing her check.
On the other hand a friend of her has a post dated check for $500,000.00 today is the day he was suppose to cash it. She did not speak with him as yet. I will talk with her later today and let you guys know the outcome. In order for her friend to be holding a post dated check for $500,000.00 he has to have 5mil. in cash plus.
JSM said,
December 5, 2007 at 7:02 pm
Thank you guys, DH and Patricia.
JSM said,
December 5, 2007 at 7:03 pm
Regarding the check that my friend cashed. Her check was for only $30,000.00.
AJ said,
December 5, 2007 at 7:08 pm
JoeJoe & Nick.
All I will say is when someone is extended credit by a financial institution and that person “disappeared” sometime in 2006….then later re-appeared as an operator of an investment scheme in the 2nd city, there are questions regarding his integrity.
DR 467
The MD of WW is Patrick Cawley who is someone of undoubted integrity…..they will not find anything on him. He is a banker by profession who recently resign from a fairly senior position at a commercial bank .
The principals of WW are Noel & Judy Strachan……I have no info on them. By the way I do not have money with WW although I have been thinking about it.
#491 Patricia
I agree with you that the bankers did not just stumble on the information regarding CH. The bankers (including BOJ) have been doing their investigations and have orchestrated his demise….and possibly the demise of over 300,000 (unconfirmed) persons money.
Arime 498
I am also a bit confused with VMS’s 2 statements regarding HW.
VMS said,
December 5, 2007 at 7:10 pm
Arime..
How you doing… I get what you are saying but i gots to do what i gots to do..business is business .. don’t get me wrong though i don’t want anything happening to C+ ..we affi difend di people’s money…
On another note, I went to C+ today and not one client but that could just be because of elections (don’t panic people) .. The Manager i met with reacted as if the Observer article doesn’t exist.. he said don’t pay any attention to anything in the paper… I was taken a back how nonchalant he was acting.. business as usual. he said all they want the public to think is that C+ is a Ponzi Scheme.. They still are moving forward and are confident they will weather the storm.. I don’t have a problem supporting C+ as long as when the dust settles C+ put forth their statements and we no longer have to demand transparency
DR said,
December 5, 2007 at 7:11 pm
K.D. Knight? what? but this is going to be interesting because this could be PNP vs PNP……Does this mean that the result is a forgone conclusion.
It is believed in some quarters that Olint is a JLP organization so they are safe NOW!…… It is also believe that the reason a certain executive of the FSC is leaving is because his party connection did not win the election. Is that true?
hmmmm think and check!
Patricia #499…..the climate of Worldwise: not sure: maybe by March 2008…watch! Why did Higgins called their name? hmmm….what is going on?
Is there a rift between Higgins and Worldwise? Is the FSC waiting on the case to be finished with Olint & Lewfam before attacking WW. C+ does not fall into this scenario because of its perceived social complexion. In other words, FSC could not afford to go in on C+ like they did Olint. Olint is a upperclass club…C+ is not : : Those people would probably block roads etc…..certain political dons might have money in there….UNDERSTAND!
This “club war” is more than just financial. It has social and political implications. Think and Check!
VMS said,
December 5, 2007 at 7:12 pm
bwoy Patricia what if the P@P was still in power???
AJ, what is confusing about them??
VMS said,
December 5, 2007 at 7:14 pm
DR, Portia did say ask the PNP??LOL
AW said,
December 5, 2007 at 7:17 pm
JSM,
May i please hve the info on OLINT Virgo_177@yahoo.com
DR said,
December 5, 2007 at 7:24 pm
#517 AJ: Thanks for the clarification. I know the MD of WW is a product of RBTT: I have heard onlye “good” things about him….but I am wondering about the principal (male). Noel – - I hope he is in the clear…..
I like WW, as a matter of fact, I have been with them now for about 4 months,. so far so good….except it is getting crowded.
Little concern that “Michael” of NCB might decide to push some fire. Read me.
alicia said,
December 5, 2007 at 7:30 pm
@VMS
Did you go to the cash plus office at St. Lucia Avenue or Premier Plaza?.
AJ said,
December 5, 2007 at 7:35 pm
VMS.
In 422 you said
“let me know if there is anything i can do to help interms of info on HW …. I can get some inside if its general info you request .. I don’t work with them but i have a good relationship with max from when he was in Jamaica”
In 446 you said
“Are you aware of the fact that HW use to operate here before?? and are you aware of the circumstances that accured in forcing him to leave here? nothing that happens with him now will surprise me.. thats why from the first blog page i was warning people to be carefull…”
Patricia said,
December 5, 2007 at 7:53 pm
DR, the amount of reading between the lines you have me doing, my eyes are crossed !!!!
Kevin2 said,
December 5, 2007 at 7:58 pm
This is the worst time for C+ to crash. I really hope it can weather the storm and last another 3 to 5 years. It can crash after that if it must. Too many ripple effects now. Further more we need to drive NCB out of business first.:)
VMS said,
December 5, 2007 at 7:58 pm
AJ ..I just understand where your coming from.. In some of my earlier blogs on http://wealthmax.wordpress.com/2007/02/05/powerful-investment-tips/#comment-236 I was warning people of HW about what happened when they use to operate here before… But at the same time i know max very well .. The thing is AJ I knowing him as a friend does not mean that i wont look for preson’s here who want to invest.. I wouldn’t invest their because of the first hand experience i had with him but that don’ mean i will blind sight anyone either.. when i talk to him i try to find if everything is going well .. but what if one day i learn he has no money you can bet you bottom dollar I will be posting that info here… I am not knocking anyone from investing just becarefull…
just like carlos Hill, when i say he had it coming …what i mean is with a past like that you can’t keep that hidden.. so don’t go start anything if you don’t want us to know about it.. i am still on his side.. innocent until proven guilty
VMS said,
December 5, 2007 at 8:06 pm
Error correction… “Looking out for person here”
jamone said,
December 5, 2007 at 8:07 pm
hang tight carlos we are with you same way You have helped alot of poor people I know you will pull through alot of prayers out there for you cash plus WILL NOT crash
VMS said,
December 5, 2007 at 8:08 pm
Alicia
I went to ST Lucia Ave.
ensley said,
December 5, 2007 at 8:29 pm
just got november payout for HW lodged to my ncb account
mr P said,
December 5, 2007 at 9:06 pm
Can anyone say if c+ will still be issuing the debit card for christmas?
Joe Joe said,
December 5, 2007 at 9:27 pm
JSM
Can you forward the Olint link….Techlinks@gmail.com
Cleon said,
December 5, 2007 at 9:43 pm
ensley #532
When was it lodged to ur ncb acct, today ??
Joe Joe said,
December 5, 2007 at 9:45 pm
JSM
sorry….. Techlinks1@gmail.com
Jcan said,
December 5, 2007 at 10:35 pm
Hi All,
Although not a member of CP, somehow I am feeling saddened by the now negative press and the impact this will cause to those who have not regain their principal…
I was hoping that fx was a part of CP’s potfolio! I am sure he had enough fund that he could have had a managed account in fx….I thought he was just trying to distant himself from the OL fsc drama at the time!
Although CP has all the wrappings of a questionable complex volatile alternative investment I think it can be bailed out….with a lot of support from the fx market. Although this time of the year is extremely unpredictable, especially with the uncertainty of the US$, the mortgage crisis, BUSH etc…
On a brighter note, those of us who can, will have to put put a $2,000.00 in one of the higher yield compounding investing, that in the next 4 years, we too can go and contribute one million to our less fortunate.
God Bless…Good night
HD said,
December 5, 2007 at 11:18 pm
DR, you are really into the politics of this things man !…let us know when you figure it all out…and please let us know what is between the lines.
HD said,
December 5, 2007 at 11:22 pm
The FXCM Managed fund is looking very attractive…..roughly 13.4% per month simple interest….hmmmm
SENTIMENT AGGRESSIVE FUND
67.11% Since Inception (July – November 2007)
Minimum Deposit: $5,000.00 US
HD said,
December 5, 2007 at 11:23 pm
http://www.fxcm.com/managed-funds/managed-funds-programs.jsp
Yardman said,
December 5, 2007 at 11:44 pm
HD, thanks for the referral on FXCM. I actually had a meeting at their offices last week, at Old Slip, which is a couple blocks from Wall Street. I was very impressed with their operations and the VP for sales mentioned that he knows about David Smith, but they have never met. Their sales brochure actually states that they do currency trading to the tune of U.S. $200 billion per month. I promptly recommended the Sentiment Aggressive Fund to six other persons, including a friend who works at Merril Lynch in NJ. We all got in before the minimum deposit was raised from U.S.$1,000.00 to U.S.$5,000.00 on December 1st.
Yardman said,
December 5, 2007 at 11:50 pm
I was also informed that it is Compound Interest, and not Simple Interest on all FXCM Managed Funds.
Paige said,
December 6, 2007 at 4:36 am
Wow Yardman
I wish you would have said something before December 1st. I too would have ran to the company to invest my $1000. But I guess better late than never. Is the fee for service really 20%. I don’t know if I read wrong.
DR said,
December 6, 2007 at 4:57 am
Folks, I know I am causing your eyes to be “crossed” by asking you to read between the lines….however I cannot say everything in clear english, because I am not sure ‘who else’ is reading this blog. Have to avoid law suit etc….
However is the “Jamaica Observer” on our side? or are they just the voice of PSOJ. (I told you that the PSOJ president works with the Observer managament):
read:
http://www.jamaicaobserver.com/editorial/html/20071205T200000-0500_130085_OBS_PROTECTING_J_CANS_IS_WHAT_IT_S_ALL_ABOUT.asp
DR said,
December 6, 2007 at 5:00 am
T.D. Jakes is said to be coming to Jamaica, next May…..I wonder who are the sponsors for that event. You know every little detail matters now.
Since Olint is sponsorsing Jazz and Blues, and C+ sponsoring football, I wonder if other clubs are going to sponsor anything else, like fashion events, beauty pagents, concerts, sports… I wonder….I wonder………
we will see……..
DR said,
December 6, 2007 at 5:10 am
Read this letter…… solid points are made in relation to “regulation”
http://www.jamaicagleaner.com/gleaner/20071206/letters/letters1.html
TB said,
December 6, 2007 at 6:50 am
http://www.minvestment.com/?r=jettt
This is my referral link for anyone interested.
Take a look!
patrick said,
December 6, 2007 at 7:38 am
Hello JSM,
Can you give me more info on Olint, I just got some cash, and want to tie it up for a while, thanks,
my address is crazy_hypejm@yahoo.com
DR said,
December 6, 2007 at 7:55 am
YOU CANNOT GET INTO OLINT STRAIGHT NOW (not from Jamaica’s end).
You have to get in on someone else’s account. Hopefully this will be solved late this year or early 2008 in time for our Jazz festival. hmmmm smile
HD said,
December 6, 2007 at 8:01 am
Interesting that big Google Ad for Forex trading at the gleaner link DR has posted ….lol
HD said,
December 6, 2007 at 8:05 am
For those lucky to have money in the bank or looking for alternatives or diversification of what you have now , go to your local branch of a large international bank and ask about private wealth management….you may be surprised what they have to offer…..just to warn you this is where they may ask for $100,000 deposits, but depending on your assets they may be willing to work with you with less equity.
HD said,
December 6, 2007 at 8:06 am
Watch your forex trading returns and read the international news…there is a lot of talk about forex market intervention.
HD said,
December 6, 2007 at 8:36 am
Yardman, Thanks for that feedback on FXCM funds…Much appreciated !
I was waiting for the November results before deciding whether I should bet on the horse. I just need to grow my balls bigger now and place the the bet.
Thanks !
HD said,
December 6, 2007 at 8:47 am
Yardman since you are down on Wall Street you should fill us in with what the big boys are up to down there…not about the infiniti, Lexus and Yachts because those come after, but what to do in order to afford the Infiniti, Lexus and Yachts….especially what the One Don (W Buffet) is up to in his portfolio.
chillin said,
December 6, 2007 at 8:55 am
WENT UP TO CP YESTERDAT THSI IS WHAT THEY HAD TO SAY ABOUT DISBURSEMENT: IT HAS BECOME NECESSARY FOR US TO SUSPEND ALL DISBURSEMENT FOR THE NEXT THIRTY DAYS. THEY WILL HOWEVER, CONTINUE TO MAKE MONTHLY CONSIDERATION PAYMENTS TO ALL CLIENTS WHO HAVE REQUESTED DISBURSEMENTS. DISBUREMENT WILL RESUME AS OF JANUARY 02,2008.
EFFECTIVE 1OTH DECEMBER 2008, THEY WILL USE THREE PAYMENT METHOD.
BETWEEN jA$1 TO jA$ 100,000, MONEY TO BE PICKED UP AT A REMITTANCE LOACTION THROUGHT JAMAICA.
2) JA$101,000 TO JS$700000, WILLL TRANSFER MONTHY CONSIDERATION DIRECTLY TO BANK VIA WIRE
3) JS$701000 TO JA$1000000: TRANSFER MONTHLY CONSIDERATION VIA BANK CHECK.
ALSO WHEN LOANING MONEY TO CASH PLUS CHECKS ARE TO BE MADE OUT IN THE NAAME OF THE PERSON NAME TAHT WILL APPEAR ON THE AGREEMENT.MANAGERS CHECK MUST NOT BE MADE PAYABLE TO CASH PLUS ANYMORE.
THEY WILL SOON START ISSUING THE VISA/MASTERCARD DEBIT.
Enlightened said,
December 6, 2007 at 9:25 am
Below is the link to the news report of the cash plus court hearing.
http://www.radiojamaica.com/content/view/3591/26/
Patricia said,
December 6, 2007 at 9:26 am
DR….re the Letter of Day in the Gleaner….I have always said that The FSC has no jurisdiction over fx trading in JA, and specifically over the operations of OLINT….I am so happy that the letter was done in tbe manner it was, and I hope the gleaner gets them to respond…..and DR can you recommend an Opthalmologist ?
Patricia said,
December 6, 2007 at 9:29 am
I also stand by my assertion that fx gains are capital gains, and there being no capital gains tax in JA, such gains should be tax free…and think mresident Jamaicans should challenge this issue with the TAD, and dont just take it sitting down.
Patricia said,
December 6, 2007 at 10:06 am
HD, fxcm’s sentiment(aggressive) for Nov was 7.78% net of performance and management fees. Dont wait too long just shut your eyes and do it.
Speaking of international news…BOC, BOE announced rate cuts, expected that FEDS will too, loonie back down to earth..but bargains still possible…..you could have captured about 1000pips on the loonie descent.
There are also many opportunities State side and in the True North now in real estate….housing prices set to fall on avg another 5% in USA, while up in Ontario it is hot hot hot….take advantage however you can…….BTW did you ever check out that PROSPOREX CLUB off the 401? if so any feedback?
HD said,
December 6, 2007 at 10:30 am
Thanks for the encouragement Pat and Thanks for the Math on FXCM.
I have not contacted them at PROSPOREX CLUB as yet but have been thinking about them as well this morning….Lots of decisions and options…sigh
HD said,
December 6, 2007 at 10:35 am
I hope Cash Plus pulls through for the sake of all the brothers and sisters….I had a lot of prayers answered this week I should put in one for all with money in cash plus
Mr. C said,
December 6, 2007 at 11:20 am
A friend called to say that there are a few persons infront of atrium with placards demonstrating……… ” C+ gives us interest banks dont” has anyone else heard this?
Optimistic said,
December 6, 2007 at 12:06 pm
Lewfam’s November return was 6.49%, should drop even lower in December. sigh!!!
One Don Says said,
December 6, 2007 at 12:29 pm
One Don Says:
Family,
Recall….. We Cash Plus Members will soon be the owners of the Hilton and the Drax Hall miles of beach front property. We will be the owners of Ships, Supermarkets, Prime Real Estate on and on and on. This total tourist package that Carlos our brother spoke about last week, do you think the Principals of other all inclusive hotel properties like that and they would sit by and just allow US not just Carlos now, to own this?
We the slaves are going to be liberated in a big way. It is a paradigm shift.
Don’t be fooled STAND UP FOR SOMETHING.
All along has tourism really helped the majority has it really trickled down?
We are now going to become the owners of real capital. Its MUCH more that the 10%, we are going to own back the resources of our land.
Think Brothers and Sisters THINK.
DO YOU KNOW WHO OWNS THE OBSERVER AND THE SANDALS HOTELS?
One Don Says said,
December 6, 2007 at 12:31 pm
Lets not just leave this to Mr. Hill solely to do this battle. The Observer and the Big Banks have clearly started and declared war on not just Cash Plus but Us the poor slaves who have now come to see and understand His Story (history).
Well thinking and emancipated slaves of this site let us do this..
On the behalf of ALL CASH PLUS INVESTORS tell the Observer and all those who all of a sudden have our interest at heart to teck whey dem self.
We are not fools we are fully aware of what C+ and Carlos is all about and we will remain on this ship. There has never been and will never be any hope from the observer nor the Big Banks for our financial freedom.
Tell dem also to be very careful because if there attempts to sink this ship should be successful the God help us all. They certainly will not benefit.
radish said,
December 6, 2007 at 12:47 pm
Yes, I hear there is a Cash Plus investors demonstration going on now before the NCB Atrium. It came on the Noonday Nationwide news.
Patricia said,
December 6, 2007 at 1:03 pm
Anthony, I figure you may be at that demonstration if you are keep safe. Let us know what happened.
Anthony said,
December 6, 2007 at 1:14 pm
Unfortunately I was not aware. I am right here reading and planning next investment move. Thanks for the concern though.
Sharonette said,
December 6, 2007 at 1:32 pm
I passed by the NCB Atrium about an hour ago and saw a handful of C+ demonstrators with placards.
nick said,
December 6, 2007 at 1:40 pm
Am not leaving cash plus because thats what the observer, the banks and the corporate bodies want. they want to have that advantage over our heads to continue to milk every penny out of us so until they can prove to me that cash plus is a fraud then dont tell me to take my money out. for 6 long years now people been comfortable being a member of cash plus and as soon as these hypocritical people cant take the heat in the kitchen, they now want to stamp some authority round here. tell me that carlos hill have a barrel of guns to kill my brothers and sisters dont tell me he was sentence to 30 years in prison 10 years ago. Dont tell me nothing hypocritical.
Patricia said,
December 6, 2007 at 1:44 pm
There are 2 interesting posts #238 & 239 on Higgins Warner, re that proposed Disney development.
http://wealthmax.wordpress.com/2007/08/27/cash-plus-the-poor-people%e2%80%99s-messiah/
Anthony said,
December 6, 2007 at 1:46 pm
I like to use the term corporate Jamaica because quite a few of those big boys have their one another back, they drink together, sail together ,shoot birds together etc. they now realize that Mr Hill is wounded and have summoned the hunt pack to take him out.
We must defend cash plus to the last because if the predators succeed in their plot then they will move on for another prey and continue until all our hopes are shattered. Let us continue to be creative in our defense and I like the fact that ppl are willing to stand up for hope in this Jamaica Land We love.
No man is perfect and from Mr Hills perspective at least he was not collecting money and hoarding same he bought companies and gave us the feeling of HOPE. None of these so called concerned observers ever wanted to share hope with us the ordinary folks.
We need leaders in the fight for financial freedom if we are to go down let us take a few of them with us.
Sharonette said,
December 6, 2007 at 2:03 pm
Patricia,
I came across that article while doing my reading on that Disney el Mundo stadium as he calls it. I just find it funny that there is limited articles in english about that proposed stadium being built. I see some spanish articles, but my head neva tek di spanish too well at school.
Can Jamaicans living in Jamaica invest with Prosporex. I have checked the website but they are under construction so there isnt any thing much to read except the home page.
Annt said,
December 6, 2007 at 2:49 pm
OK, so because I have money to invest in alternative investments, the whole Jamaica CARE about me. I feel so cared for and loved and special.
I wonder how the people earning minimum wage feel? Who care about them? Oh, they don’t have money to invest so nobody is offering them anything. It’s all about the people with money.
My point is that in all this outpouring of love and care, I am yet to hear a petition for the ‘poor people of Jamaica’ who cannot even think about a savings account much more about investment. No lobbying for increased minimum wages amid the price increase.
The people who really need the care are neglected, I wonder why????
Just my observation.
Patricia said,
December 6, 2007 at 2:52 pm
I dont know if u can. not sure what their plans are. They say they are a private members clubs and invest in fx. They dont offer a guaranteed rate, but the maximum you can earn per month is 20%. They started up in May 07and I’m trying to get feedback on them. Anyone???
nick said,
December 6, 2007 at 2:54 pm
I agree with you Annt. Thats why i wont listen to non of this bull from the media and corporate jamaica cuz all they care about is the deterioration of their profit margin by cash plus.
AJ said,
December 6, 2007 at 3:00 pm
#571 Patricia
Not surprising.
Was evicted from Trade Centre Office last year due to non payment of rent and bounced cheques. Police was hunting down as a result of fraudulent activities. Persons in the entertainment industry were hunting down to serve court papers for moneys due. Reports of an extradition to Venezuela…..et al
Annt said,
December 6, 2007 at 3:19 pm
Small demonstration at NCB
http://www.radiojamaica.com/content/view/3614/26/
Patricia said,
December 6, 2007 at 3:20 pm
Oh dear, AJ, … not good at all….sorry about those who may not have heeded VSM’s earlier warnings.
…..this is the time when we will now start seeing what sinks to the bottom and what will rise and float. Needs more than hope and prayers.
AJ said,
December 6, 2007 at 3:34 pm
http://waltdisneymundosa.com/official_press_release.htm
Official Press Release
The leadership of The Walt Disney Company of Orlando, Florida, United States which consist of John E. Pepper, Jr, Chairman of the Board and Robert A. Iger, President, made it clear to Max Higgins that Walt Disney USA will never support Max Higgins building a prototype of Walt Disney in Argentina due to the fact Max Higgins is having the support of $1 Billion US dollars from the dirty rag head Arabs including the Chairman of kingdom Holding HRH Prince Alwaleed Bin Talal who is to be blamed for the massive amount of corruptions with Euro Walt Disney. Only upon Max Higgins accepting only Wall Street Investors will Walt Disney USA support Walt Disney Mundo SA, Inc being built in San Pedro, Argentina.
Based on the serious discrimination against the Arab World from the leadership of Walt Disney Company of Orlando, Florida, in the United States. The other Walt Disney Mundo SA, Inc wants the Arab World to know that we do not in any way shape or form support the most serious on going discrimination against Arab Investors by The Walt Disney Company and I Max Higgins welcomes all Arab Investors to come and Invest with Walt Disney Mundo SA, Inc being built in San Pedro, Argentina which is managed by the Higgins Warner Group headquartered in Buenos Aires, Argentina
Sign
Emile Maxim St. Patrick Higgins
President Walt Disney Mundo SA, Inc.
San Pedro, Argentina
http://www.waltdisneymundosa.com | http://www.higginswarner.com
admin@higginswarner.com
DR said,
December 6, 2007 at 3:40 pm
Patricia, I can’t help you…I do not know any opthamologist…I will check around though….pity it won’t be my personal recommendation….
I did see the demonstration at the Atrium myself. it was just a few people..
DRK STAR said,
December 6, 2007 at 3:43 pm
#572
Folks we must continue to usher in the evolution of the financial landscape by continuing this blog n others and lobying, and doing prudent research.
local financial entities MUST COME WITH BETTER OFFERS. and assist us in understanding the global financial markets.
look at OLINT that was chased from our shores recently contributed US$1Million to the needy. while others just a run up dem mouth
Begs the question is corporate jamaica interested in us
LOBBY! LOBBY! LOBBY! LOBBY! LOBBY! LOBBY! LOBBY!LOBBY! LOBBY! LOBBY
DR said,
December 6, 2007 at 4:03 pm
I get the feeling “the Chief Servant” is on our side. He said something very special recently at a private function that I attended.
He said” If am man is going to become a billionaire, I don;t have a problem with that as long as Jamaica is benefitting from his fortunes. We cannot lock down or criticise a man before we tryout his ideas..” hmmmm
nick said,
December 6, 2007 at 4:11 pm
@ AJ & other concern about higgins warner
I ask one of my coworker about his relationship with higgins warner just now, and i will post his response below. Also i should let you know this his credible because me and him go to the same universities but different time, so his business law lecturer is the lawyer representing higgins warner investment in jamaica and the caribbean region, thats how me and him became acquainted with the higgins warner group three months ago. I was a little skeptic but he went ahead and join the club with US$ 5000, cuz i said i needed more time to sort out that amount. Now i have that amount to invest and i was reading all the comments on Higgins warner today and i went ahead to ask him. This is his reply
Quote
as far as i know, the pymts are a little late but itz not because of cash flow, itz the comm banks holding hard end. with that said, investors have been getting their mnthly pymts by collecting same at the office, this works for me..dec will be my 3rd pymt..3 to go for the principal, which will be rolled again as long as the comp. is up and running..i’m just waiting to see the smoke clear on cash plus because i’ll be joining soon…waiting on a loan.
Patricia said,
December 6, 2007 at 4:50 pm
so my friend is in the company of the Chief Servant at private functions….hhhhmmm we are in deed amongst the connected.
Patricia said,
December 6, 2007 at 4:51 pm
Sharonette said,
December 6, 2007 at 4:56 pm
Nick,
Good to know that you know the man. AJ and the others are concerned for persons like me who just invested and are yet to see the fruits of our investments for early this month. Your blog is quite reassuring to me. Let me ask you one question though….Although I have provided a bank acc. for my funds to be transferred to, is it suggested that i go and physically pick up a cheque? Cause if it is bright and early monday morning i will be there.
ensley said,
December 6, 2007 at 6:18 pm
sharonnette
i dont know which bank yu are with but i received my
payment for november 15 just last night.
i checked my account and the money was there
you can indeed call their offices in montego bay
and after verification you should be able to go there and collect your money
or you can ask a friend who is in ontego bay or who goes to montego bay to do it for you. But you would have to put certain things in place for that to happen.
I am proud of my Jamaicans who demonstrated today
Sharonette said,
December 6, 2007 at 6:42 pm
Well then, I need to be patient. I made my first lodgement the 8th of last month. So I probably shouldnt expect to see anything until mid thru late december, I’m cool with that.
lover said,
December 6, 2007 at 7:03 pm
life of a top banker is at stake……… jus heard it on the news……..
lover said,
December 6, 2007 at 7:05 pm
the bankers forget who them a deal with ( jamaicans) and the crime rate…….. the big man think them safe
Sharonette said,
December 6, 2007 at 7:51 pm
Just saw it on the ‘Business Day’ – Patrick Hylton Threatened…
Didn’t get it all but they mentioned something about security camera set up around his property picked up the license plate on a car which ‘happens’ to be a stolen vehicle, that was parked by his home.
DR…..you seemed to be at that ‘private function’ which was aired on news tonight….Bruce is really between a rock and a hard place but I think he doesn’t have a choice by being on our side. I rate the ’safe’ statement that he made and I have been saying it for the longest while. In paraphrasing him, he said, The government has to be careful not to be too heavy handed…we can say look, this is our list of regulated agencies that we provide deposit insurance and the likes to… there are other investment clubs and those who choose to go that route are free to do so, once they know that if they take that risk they have to take responsibility for it….
Good talk Bruce, I mean when there was a run on the banks in the mid nineties….I was still in high school and didn’t have much of a bank account, but persons lost money that they thought was ’safe’. I never thought that could have happened to banks which are regulated financial entities, but then my dad informed that it happens in the US all the time…the misfortune had just reached Jamaica.
Well, as far as I see it….let me take my chances, at least when I put my money in a high risk investment club…I KNOW it is a RISK and I may lose everything,but on the flip side I may just make some good earnings and double my principal in 6months….What are my chances with the bank…..After 1 year I may get 12% interest and if there is a run on the bank I can only get back 60% of what I deposited…..The last time I checked we weren’t a communist country, whoever entrusted the banks with our ‘democratic right’ enabling them to chose where we put our money?
TB said,
December 6, 2007 at 8:24 pm
http://www.minvestment.com/?r=jettt This is my referral link. Take a look and give it a try.
Jcan said,
December 6, 2007 at 8:50 pm
Hi , just some more simplified info (this is for information only…I am not selling/soliciting/ or asking for any “hits”) lol
“Offshore is not the dirty word it’s been painted to be. Keeping your investments and your funds safe from social welfare confiscatory governments, high tech crooks and legal predators is absolutely necessary to build any sort of true wealth.
Done legally with people who know how and where to do it, safety of principal and earnings become less worrisome. Now it’s time to see how money can be made to really take advantage of the offshore world.
There are many ways to make serious money. Starting a business, selling services, investing in stocks and bonds, dealing in commodities and even real estate all have the potential for making a lot of money.
Unfortunately, they all have the same downside potential as robbing banks—it may look good for awhile but if things go south, you could be far worse off than when you started.
Businesses have everything from inventory problems to employee headaches. When you invest in stocks and bonds, you have to hope you catch them at the right time to make a profit. Buying and selling commodities takes lots of big bucks and one major catastrophe in the right area can wipe out everything. If interest rate hikes turn the real estate market upside down, business stops dead in its tracks.
Then, take each of these and remember, with success comes the taxman. In just about every western country, when you have success in business and make a good profit, the government comes along to share it with all those wonderful deserving non-working people in the country. (Not oppose to paying taxes but 33.3% minimum is getting harder to swallow, sometimes I feel I am the one that received the 33.3% and the taxman received 66.6%)
This process of forced equalization can kill a successful business as fast as anything.
OK, so what is there out there that makes money and is fairly safe? What do the big boys do, the huge banks and multinational corporations? How do they make money that is big enough, reliable enough and positioned so the end result is positive?
Remember the previous blogg about “fiat” currencies? These are the paper money bills every country has that are basically worthless by themselves. This “money” has been declared to be legal tender for the purpose of buying goods within the issuing country. Remember as well that these currencies have to be exchanged to buy goods in countries other than those in which they were issued?
OK, let’s take this a step farther. Say an American has a Dollar to spend while he’s in Japan. What does he do? He changes it into 108 Yen by exchanging it. Why couldn’t the American get 500 Yen for his dollar? Because the supply and demand worldwide says the US Dollar is only worth 108 Yen and not more.
All over the world are huge institutions, companies, central banks, hedge funds and even governments doing exactly the same thing, exchanging currencies, except in larger volume. They are the ones who, through supply and demand, cause the prices of various currencies to be what they are.
But the real opportunity lies in the fact that this demand changes constantly so there is always a potential for profit.
Now…if these big boys are buying and selling various Dollars, Yen, Francs and Pounds, they must be making profits or they wouldn’t be doing it, would they? Right! There is always a difference between each currency and it’s always moving around. In fact, the currency market is bigger than all markets including the stock exchanges, insurance industry and all the others. It’s huge at some $1.5 trillion (yes, that’s trillion with a “T”) exchanged every day of the week!
The major dealing centers today are London, New York, Tokyo, Zurich, Frankfurt, Hong Kong, Singapore, Paris and Sydney. It’s a true 24-hour, 5 day a week market with dealers in every major time zone.
Yes, as in any investment, you can lose money. But, just like going to Vegas, you want to hedge your bets.
There’s a lot to this currency market but it’s not rocket science or brain surgery. It’s most perfect aspect for you as an investor is that it can be easily done any time and anywhere. This must be a great job to have….”
YahooGroups discussions :
http://finance.groups.yahoo.com/group/VRGInsides/join
DH said,
December 6, 2007 at 9:00 pm
I have been reading the bloggers write about HYIPs, and I have been told by a professional Hacker that 99% of all HYIP are scams. When swisscash came out , he caustioned me about swisscash fitting the profile of a scam, I ignored him and invested anyway on a bid to prove him wrong. The rest is history. His suggestion to profit form HYIPs , one need to be a leader and not a follower. Search for the ones that are below 3 month old and invest taking profit without compounding until it stop paying and then move on to the next Hyip. it must be noted that the more persons you refer the better you chance of getting payed.
Just another view
Peace and love
GetRichOrBrokeTryin' said,
December 6, 2007 at 9:03 pm
TB – Why do you keep promoting Minvestment? Even though it is paying now it will soon be gone when several progressive plans start maturing soon. Don’t encourage ppl to join now. It is too late. I am sure new “investors” wont even make back their principal.
TB said,
December 6, 2007 at 9:07 pm
#596 you need to be more positive
ensley said,
December 6, 2007 at 10:02 pm
cash plus having meeting this saturday at 4
specs said,
December 6, 2007 at 10:06 pm
patricia
a good opthalmologist is dr. albert lue . his practice is at the eye care center at southdale plaza in half way three. he is also the chief opthalmologist at kph.
specs said,
December 6, 2007 at 10:11 pm
i agree vwith tb be more positive. persons should risk what they can afford to loose. when we all went into these investment houses we did not know what the results were going to be. yet we tried. folks just due your due diligence checks and try to make and informed choice.
Patricia said,
December 6, 2007 at 10:43 pm
Specs, thanks alot I know Dr Lue, but I was really joking with DR. DR always talking about reading between the lines and I commented that I was doing so much of it my eyes were crossed, so I needed a good Optho…..No worries…
Patricia said,
December 6, 2007 at 10:47 pm
I am so happy about ma boi..Kanye’s Grammy Nods…8 Nominations for his album Graduation…including Album of the Year!!!!…..Ah tell yuh..you would think he’s really my son. Kanye these are for your MOM..may she rest in peace, her work has been done.
NM said,
December 6, 2007 at 10:48 pm
TB what is it about minvestment you like so much that you keep mentioning it? What if the website is not there tomorrow. There is no office here. what happens to the money. who do we speak to then?
nick said,
December 6, 2007 at 10:57 pm
For all higgins warner people i suggest you pick up your check at the office in montego bay, baywest plaza, dont know if any in kingston yet but i know they planning to open an office in kingston and cayman. RBTT do change the cheques and you can also lodge it to a JMMB account. Thats what my coworker do and am planning to invest with them and open a JMMB usd account. Like i said i know the company lawyer, he is my future business law lecturer and my coworker current lecturer. Higgins warner have some big projects coming up and Max have the support of some power investors. am not promoting higgins but i really dont see any major issue with them right now.
GetRichOrBrokeTryin' said,
December 6, 2007 at 11:00 pm
#597 & 600 – I am just being real. It is too late now IMO. Remember that the majority of hyips are ponzi scams. I invest in them too but I only put small amounts and I go in early. In fact I am in one right now that is paying me a whopping 60% a month! My main risk capital is in Olint (through one of the backdoors) and Maydaisy.
Poor Risk Taker said,
December 7, 2007 at 12:44 am
DH # 595
You couldnt have said it any better… you just have to know how to do the dance and cut before anything goes wrong with some of the online ones…
Jcan said,
December 7, 2007 at 5:01 am
To Benefit in the long run from all this high yield investment, just a suggestion and hopes for all. I am hoping that everyone has at least a $2,000.00-$3,000.00 compounding in olint/uwin, or whichever one you can feel and touch.
Although seems small…compounding for 36+ months reap a good sum.
DR said,
December 7, 2007 at 6:03 am
Patricia, that was a good joke….re: the opthamologist…and YES I was at the private function earlier in the day with the chief servant. I even went to another one in the night which should make the Business News….
I have learnt to move with the “movers and shakers” of society: that is the only way we will learn as a people. Make friends with the BIG SHOTS! always!
Go to the public meetings, BOJ, FSC, Banks etc…. Let them get use to your face, after a while you will become a part of their club and will learn their secrets to success:
I do not agree that Patrick Hylton (NCB) life should be threathened. Leave the man alone, violence is not the way.
Wise Investor said,
December 7, 2007 at 6:15 am
I was at C+ premier plaza office yesterday and noticed a piece of paper taped to the wall stating that there will be demonstrations in front of the atrium at 10:00 a.m. today.
stase said,
December 7, 2007 at 7:10 am
can someone please give me a reference for maydaisy
stase said,
December 7, 2007 at 7:11 am
my email address is staseee@gmail.com
Joe Joe said,
December 7, 2007 at 7:27 am
can someone give on some info on maydaisy ….I have been requesting this info since the first blog….. someone help please.
DH said,
December 7, 2007 at 7:27 am
Jcan,
Please give some information about Uwin
Cleon said,
December 7, 2007 at 8:10 am
Respec for the info. Nick, keep them coming as you get them (Higgins). I hear HW has an office at 4 Cargil AVe. Can someone confirm if this is true….
ensley said,
December 7, 2007 at 9:08 am
@ 614 yes there is an office in kgn but financial transations are done at
the montego bay office
if anyone needs a referall for higgins you
can email me at smith08us@yahoo.com for details
Jcan can yu provide information on Uwin???
Cash_low said,
December 7, 2007 at 9:41 am
DH could u email me a copy of those books .thanks email: diggie_don@yahoo.com
Cash_low said,
December 7, 2007 at 9:43 am
GetRichOrBrokeTryin’ email some info on that 60% link. You may not want to post directly
JM said,
December 7, 2007 at 9:59 am
GetRichOrBrokeTryin
Can you also share with me the info on the 60% inv
juds1456@hotmail.com
Enlightened said,
December 7, 2007 at 10:03 am
Dr,
I must agree with you i dontn agree with the threats being made against the life of Patrick hylton. I did how ever mention in a previous post that the bankers need to be careful with there pronouncements because their negative collusive stance against the alternative could have more serious social consequences.
The people that protect them and cook for them and drive their cars are all little people that earn small amounts and will be more supportive of C+ rather than their “big man” bosses.
Its these same people that will let people know where patrick hylton lives, and bill clarke lives, and where lee-chin lives and his helicopter shedule and vehicle routes…. that info is now basically public … i found out that info with out even asking just listening.. and it was one of their employees that was making it known.
Condemn the violence but still be aware and conscious that this is Jamaica and people need to be careful about how they treat the “poorer class”.
JH said,
December 7, 2007 at 10:06 am
GetRich send the link
Arime said,
December 7, 2007 at 10:20 am
Cleon
Nick info is correct. HW is paying but they have a backlog of checks to clear up. Give them another week but still try calling the office again.
AJ said,
December 7, 2007 at 10:32 am
DR and Enlightened.
I endorse your comments. Violence against Patrick or anyone else is wrong. The banks did not deal with the situation in the correct manner….by giving notice to close all accounts for investment schemes at the same time (they have mixed up the good, bad and in between in what appears to be a conspiracy).
What a lot a people do not know is that the bank is gagged by its duty of confidentiality so whilst Carlos Hill can blame the bank, the bank cannot respond. If they should tell their story CH could take them to court and they (the bank) would not have a leg to stand on.
Apparently, adequate cleared funds are not in the bank to honour cheques drawn on C+’s accounts. That is the reason a cheque for $30K may be honoured whilst one for $500K may not be honoured.
Why is it that CH has to date not made alternative arrangements to pay investors as he promised? Does he really have the funds to pay after the flow of new investors have dried up? Why is it that David Smith, World Wise and LewFam have not been griping in the press?
CH knew long before the general public knew that their accounts would be closed as notice was given to C+ by the banks long before we heard.
The others schemes also got notice and they were well advanced with their alternative arrangements to prevent disruption in their operations, by the time the general public knew. Some negotiated for additional time from the banks and actually received it………. as they have cleared funds in their accounts to pay investors.
CH needs to come out and tell the thousands of people with their money at stake the TRUTH and not try to blame others as he did in the case in NJ (when he blamed his lawyer)
Let us be objective here.
AJ said,
December 7, 2007 at 10:38 am
From OLINT……
Dear Club Members,
Please be advised that our Wire Transfer Instructions have changed.
Members can only wire from their personal Bank account to OLINT.
Members should make sure their Banks clearly indicate the name from which the Wires are sent.
We will not accept third party Wires.
Members should access the OLINT website and enter the wire transfer information after the Bank sends the wire.
Members can only request wire transfers from their OLINT account to their personal Bank account.
OLINT will only accept or send a maximum of three wires per day for any one Club Member.
Members who wish to wire funds into more than one account with OLINT should send one wire and then send an email directing how the funds be allocated to the various accounts.
Source of Funds is required for all transactions that are US$10,000 and over.
Source of Funds documents along with a copy of your ID should be sent to catsofunds@gmail.com .
Transactions will not be placed for trading until the Source of Funds is received.
The new wire transfer routing information is as follows:
Correspondent Bank:
Instructions to: Bank of America, New York
Swift Code: BOFAUS3N
ABA Code: 026 009 593
Beneficiary Bank:
For initial credit of: TCI Bank Ltd
Butterfield Square, Providenciales, Turks and Caicos Island, BWI
Account number: 1901949016
Beneficiary:
For further credit to: Hallmark Bank and Trust Ltd
Tropicana Plaza, P.O. Box 656, Providenciales, Turks and Caicos Island, BWI
Account number: 5003449601
Regards,
OLINT Management
BlueBird said,
December 7, 2007 at 10:41 am
I just think the entire this is very hypocritical and that they should be very careful as Enlightened said becuz when you start ramp wid people money it can get really serious on both side…di real “big man” dem been doing FX trading and pooling of funds for investments for years people with their “high society” friends. None of dis not new…it jus new to the “little man”. Nuff a dem a mek it look like dem work hard fi years or a dem business…no a di investments dat dem mek…FX, Real Estate, etc. Now that the “little man” want a slice a di cake dem a hate. Dem can’t expect people fi jus tek it…especially when people a mek money and they don’t feel used or robbed by their chosen investment option. I know dem going to regulate some how, but dem not going about it the right way. Look pan Olint…they have no jurisdiction based what their defined role, but dem still a stress di man.
Alright…mi done…mi mad and mi don’t even have money inna C+…but a slackness.
Cleon said,
December 7, 2007 at 10:53 am
Thanks ensley & arime
I was wondering tho, if one could arrange with the kingston office for cheques to be collected there instead of going aallllllll the way to mobay. what u guys think or do u know of anyone who has tried that route…
Patricia said,
December 7, 2007 at 11:02 am
AJ @623, not sure if you fully realise the extent of info you have provided, but THANKS VERY MUCH, you have actually saved me a lot of time……
Gracias Mi Amigo/a
Cheers
AJ said,
December 7, 2007 at 11:24 am
My pleasure Patricia.
Al123 said,
December 7, 2007 at 11:32 am
What is OLINT web address?
Kevin2 said,
December 7, 2007 at 11:36 am
AJ,
Like Patricia I have found the OLINT info very very useful but I don’t think you should have posted all that info incl. banking details.
chillin said,
December 7, 2007 at 11:47 am
AJ, I WILL FIND OUT YOUR EMAIL ADREES INFORM OLINT OF THE WAY YOU HAVE DISPLAYED THERE INFORMATION, THEY MAY END OUT LOCKING YOUR ACCOUNT. STUPID IDIOT.
O Watch Dog Group Inc. said,
December 7, 2007 at 11:47 am
AJ # 623
Please be advised AJ that you should not be posting a private members club message in a public forum. I am sure that people who are club members already know that information, it does not help anybody else here if they are not members, and if they are with other parties that information would have been passed on to them by there respective persons.
I hope if you are a valid member you read the Privacy policy outlined in your agreement when signing up.
This is unaccepted and unprofessional behavior on your part AJ and I hope you are aware of the problems that this could further cause.
Regards
O Watch Dog Group Inc.
BlueBird said,
December 7, 2007 at 11:59 am
Oh, no AJ…I am not sure if you realise what you may have done…but please be more careful…I don’t think you know what kinds of damage can be done with that level of details. I got in through the back door but I and others like me do get a summary that affect us from my contact (never this level of details though)…but I think a ligit member should inform Olint of your posting so that they can make the changes needed to prevent any damage.
I would not go to the extreme of them closing your account like Chillin (I too wish I could erase AJ’s posting) suggested…but they should be told for damage control. Watch Dog has a point, so take what is says as if he was a good friend. Not as a personal attack, because you never know who is reading.
Wise Investor said,
December 7, 2007 at 12:07 pm
Andre Aj’s moment of madness post may have already been viewed by the wrong eyes but nonetheless, Andre, please remove that comment man. That detailed info shouldn’t be placed on this or any forum. Andre please remove or edit that post man!
Patricia said,
December 7, 2007 at 12:43 pm
AJ is now coming under fire …hhhhmmm may have been a little “youthful exuberance” at the most….no need to panic. If you are not a direct club member of OLINT, THOSE DETAILS CANNOT HELP YOU …
Let me state that the info is very useful to me in that I had heard of the first “local bank” in TCI and did not know its name so now I have it.
Also, there are many C’dians in the legal and banking world in TCI, And I for one did not want to bank with/or do business with any entities having C’dian principals, and having to disclose all my pertinent detail to them. Just my personal choice….so AJ’s info prompted me to research the receiving bank/trust co…that’s all…and it saved me a lot of time and money.
If its causing such problems then, yes, Andre as the moderator should considering editing the post.
Remember, Wealthmax is more than just a blog…it provides many useful indicators/and points of reference.
Peace
BlueBird said,
December 7, 2007 at 12:58 pm
Andre please edit or remove 623 accordingly.
The same way I would not put my personal bank information here … it is the same idea. I am glad it helped you P, it was to me as well…but you still have to scratch your head because some people out there…bwoy…memba dem up to no good.
DR said,
December 7, 2007 at 1:35 pm
Be careful, spies of the oppressors do read this blog. Example, a certain newspaper who hates CH did write print a message from another blog some time ago. Remember?
MoneyChimp said,
December 7, 2007 at 1:40 pm
AJ, I will personally make sure that you are remove from OLINT. So he giveth, he will taketh away. Idiot!!!
Investment Tech said,
December 7, 2007 at 1:54 pm
AJ your OLINT career looks like its over. How unfortunate. But one has to have a level head when posting information of these sorts for everyone to see.
Enlightened said,
December 7, 2007 at 2:43 pm
AJ,
Im usually a person who tries to look at both sides of the situation, and i believe you made your post in the best interest of all the fellow bloggers, but i still cant figure why you would post that specific info.
I dont think its detrimental to the club because when club members go to the bank they have to present that info… but that between club members and the financial institution.
hope you dont lose your membership… but in future … well i guess after the post that came subsequent no one will make such a slip up again…
do your mea culpa and show your sorrow and the people will forgive you.
blessing.
ps. Andre see if you can work your magic… make the post disappear
nick said,
December 7, 2007 at 2:44 pm
While am not a member of olint as yet, i do believe the post by AJ was a bad decission. all the media houses and members of the bourgeoisie read this blog as well as cashplusinvestment.com blog. However, you should forgive AJ and not move to dismiss him from OLINT. AJ an apology is necessary at this time. The moderator should move swiftly to edit that post.
Patricia said,
December 7, 2007 at 2:59 pm
AJ, me again. sigh…..You could advise the Club that you (inadvertently) disclosed some of their private banking info in a public forum, and wished them to be aware so that any necessary changes could be promptly effected. I refuse to believe that DS and/or WS would terminate your account if you advised them of the error. DS for one is always thinking “WWJD”.
That said, where is ANDRE ????
BlueBird said,
December 7, 2007 at 3:05 pm
Yeah AJ …say something…and I really hope your membership will not be affected…That would be such a shame…tek it easy on him people. Anyting else a gwan?
Andre missing in action????
Enlightened said,
December 7, 2007 at 3:06 pm
Pat “wwjd”??
wwjd= what wordpress just did??? lol
just kidding
Enlightened said,
December 7, 2007 at 3:14 pm
better yet
“WWJD”= what wealthmax just disclosed
more fitting dont you think
lol
DH said,
December 7, 2007 at 3:14 pm
As Enlightened said #639, the banks will get this information when sending wire transfers. And let me tell you, once the information is given to the the banks for them to wire money, the bank is going to forward the information to the regulatory body. For information, the FSC gets list of all money wire, bank draft and checks leaving Jamaica and which company its going to.eg Olint, f1, Maydaisy, Cashplus etc and how much money is going to each of them
So the information given by Aj will be no secret.
Peace
Patricia said,
December 7, 2007 at 3:36 pm
DS himself has said he’s always thinking “what would Jesus do?”
Kevin2 said,
December 7, 2007 at 3:53 pm
AJ,
What you did you shouldn’t have but I know you meant well and that was a lapse in jusdgement. People lets move past this and continue with other serious matters. We still have to fight the oppresors and GET MR. LATTIBUDDIERE (?) and G. ROPER fired. Oh, and lock down NCB.
Whichever one of you bloggers peeping over Patrick Hilton’s wall in a dark glasses and mask (a frighten de man) please stop it.
Andre if you are around please pull the post but when I think about it the post may be harmless anyway but it should be pulled nonetheless. Outside of the banking info in the post, the other details are relevant and is the kind of information that must be shared here so all it means is that we must edit first such letters.
AJ get back on line and forget about it. The others who are calling for his termination from the club too bad mind.
Peace & Love. Get back to the oppressors.
DH said,
December 7, 2007 at 3:53 pm
Gentle people if the clubs were fragil there would have been closed a long time ago.
Peace
Enlightened said,
December 7, 2007 at 4:07 pm
Pat,
i know what he would do he would take very little and turn it into a lot and help alot of hungry people to eat and feel a little more comfortable in life… thats what he did with the multitude….
wow… maybe DS should stand for “devine soul” because it seems that what he is doing for jamaicans and others sounds like the second coming.
All hail DS for helping out the multitude in the 21th century.
BlueBird said,
December 7, 2007 at 4:13 pm
Kevin2 that is too funny about the person peeping ova di wall…oon another note…Has anyone here taken up DS offer to open an account and get $100? I see where it said that it is for Jamaican Residents…it that the case? Is there another promo for people living outside of Ja? If you signed up ..how is it going?
nick said,
December 7, 2007 at 4:23 pm
@ DH
Amen, thats what am saying also. 5 years is alot of years for a business to crash and start over and crash again. If cash plus have 4 billion in deposits then they would be paying out 400 million the least per month, hence if it was a ponzi scheme it would crash in less than a year because for good while now there were not alot of new investors and also alot of people who invest compounded for a few years would mature by now and get them money. I personally know one prominent person who collected millions in the summer the maturity of the investment he made a few years ago in cash plus. So why do we still see 150 million pump into premiere league, millions been spend on legal battles, meetings, advertisements, debit card campaign, fully staff call centre and all those massive spending. Is that a sign of a cash strap entity as what the media houses quoted it ever so often. Despite all the rumblings of financial statements, transparency, ponzi operations, cash flow problem, running out of money etc etc… The alternative schemes are just getting stronger and stronger despite all the aggressive campaigning against them. So what should we or let me speak for myself, what should i do stand on the side walk and watch the oppressors pocket deepen with my money in there institutions, or invest it in HYI and get a cash flow to venture into something for myself. Well i certainly not going to say if me did know mi woulda invest some money. If i loose it then so be it.
Personal opinions
Phillip said,
December 7, 2007 at 4:30 pm
I am quite shocked at the sheer and utter vulgarity being spewed against AJ. Multiple persons have referred to him as an idiot, which is absolutely unnecessary. What type of backwards and hot-headed attitude is that. AJ was obviously trying to do us a favor, and share information with us…which is kind of the point of this blog right?
If you disagree with him, there are socially acceptable ways of expressing that. BlueBird and Patricia’s comments are a perfect example of how an educated person approaches an issue.
Further, who does this “chillin” think he is? A private investigator perhaps? You would have to be rally good, and really great with computers to be able to find out AJ’s email address…notice that it is not displayed with the message. Also, even if you were able to get AJ’s email address and turn it in to OLINT, what is to say that that is his only email address and the one that is associated with his OLINT account. Such childish and ridiculous statements just show how ignorant and thug minded people like this “chillin” are.
The point of this webpage is to SHARE information. Do you really think that the people in the government or the FSC or any other major regulatory organization did not already have this information at the time AJ posted it? Do you really believe that they do not have accounts of their own, or at lest specific accounts set up in OLINT just to monitor these messages and OLINT activity? If not, you are in for a rude awakening.
On top of all that, there is nothing that you can do with a bank account number and routing information. I could post my banking infor on here and no one would be able to do anything with it…besides deposit money. You would need proof of identification etc before being able to perform any withdrawals or transfers. Also, the BOJ monitor any wire transfers that go into or out of the country, and I am sure that they will notice the multitude of cash going both ways from that account.
Wise up, lose the ghetto mentality, and start presenting yourself in a manner that exudes education, class, and self respect.
Phillip
Joe Joe said,
December 7, 2007 at 4:37 pm
For those who have $20k to invest. HW is now giving a 20% bonus on any $20K
deposit made between 7-14 Dec 07. This means that your account would start out with $24k. This info came into me by e-mail from HW.
DR said,
December 7, 2007 at 4:47 pm
Did you all realise that when the question: “is anyone of the board members of the FSC with any alternative investments company” – - Did you all noticed that question was not answered. hmmmmm think people…. Some of the bank staff members are part of these clubs. Some bank managers are members of these clubs!
Is it true that a certain bank manager got fired recently because they found out that he was working for a club?
So sorry for AJ, but guess what the banks already have this information, so too does members of government…..ha ha h a Olint is aligned to a certain political party… SO THEY ALREADY KNOW ALL OF THIS INFO! (hmmm)
It is quite possible that members of the tax Admin dept. are members of all 30 clubs….. I wonder – - at least the major ones.
Kevin2 said,
December 7, 2007 at 4:51 pm
DR,
There is no doubt WHATSOEVER that bank managers, FSC senior managers, PSOJ senior staff are all in these clubs. If they were to ever deny that they would have to do a lie detector test for me.
DH said,
December 7, 2007 at 5:10 pm
People, For information, the blog is not safe with regards to your email, I got a email a few week ago, the person wanted information on maydaisy, I had never at that time revealed my email address publicly on this blog but yet I was email. The person said he get the email form this web site so be careful
Peace
Enlightened said,
December 7, 2007 at 5:11 pm
I can publicly state for a fact that a manager at scotia bank has or at least had his money in cash plus for at least three months. This i can state categorically because while the banks were telling staff not to put the funds there an employee was waiting at C+ make a deposit and who should she see comming out of the office? yes one of her senior managers..lol…
clearly suprised to see her there (she was suppose to be at work) he in an embarrased tone told her that ” you have to know what your competitors are offering” and quicky scampered out of the office.
They are not stupid they had the information as to the amount of money in C+’s accounts so they have insider information as to when to go in and when to pull out.
JSM said,
December 7, 2007 at 6:02 pm
GOOD EVENING FELLOW INVESTORS:
I am not sure how “Liquid” you are but take a Look at the Gleaner and Mayberry Investment Ltd. We all like to make money. The Jamaican Stock Market has been down for awhile but its has been on a Steady Climb. Yes I invest a Lot in the Market. Hey ten percent wherever you get it still amounts to the same thing. Gleaner to 3.50 in the next month or less. Mayberry I am not sure about as yet.
Joelle said,
December 7, 2007 at 6:05 pm
Some of them (bank managers) will even go as far as to let friends or family members put the money in the clubs for them… So they get the best fof both worlds and play the hypocrite. “Building a better Jamaica” – that’s the logo they use, but a better jamaica for who? Wayne Chen who id so concerned should have a breakfast and lunch programme for the homeless and stop wasting air time…
MoneyChimp said,
December 7, 2007 at 6:23 pm
Phillip, you’re blowing alot of smoke. I can tell by the tone in your post that you are not a member of OLINT and are speaking out on pure jealousy and envy. I already have AJ’s e-mail and if i get pissed off enough i might just post it for everyone else(OLINT memebers) to see it. I know that posting the bank info for OLINT cannot harm the club really but my concern is this. What was AJ trying to accomplish by posting this info? also i’m afraid that he will or could have posted info that is only exclusive to OLINT’s members and no other… AJ hasn’t responded because he knows what he did was wrong and it is out of pure shame why he wont respond or apologize to us OLINT members!!!
Jcan said,
December 7, 2007 at 6:30 pm
Re#653 Joe Joe,
So in other words, HW is now having a cash flow problem and is now looking new money to repay the upcoming loans. So how are the new $20K loans are going to be repaid?
HW is a fast ticking time bomb as was previously mentioned!
big man passing thru said,
December 7, 2007 at 6:36 pm
Why are you guys acting so childish with all your petty bickering. What done is done. What AJ did is not going to hurt anyone of us.
I totally agree with Post # 652 from phillip. You are not going to hurt olint from the info that was posted. let it rest and move on.
there are a lot more interesting things to discuss on the site instead of bickering at each other.
respect,
big man passing thru
MoneyChimp said,
December 7, 2007 at 6:46 pm
I apologize for all the biatching!!! I’m back to my old self now.
deuce said,
December 7, 2007 at 7:25 pm
Cash Plus getting extension on injunction till Dec 17th
Jcan said,
December 7, 2007 at 8:18 pm
Now extremely reluctant to give any info……Read between the lines,, get out your magnifying lens…lol
DH and others who are interested to learn about UWIN…(Universal Wealth and Investment Network)
This one has its registration roots in Panama … One of its directors/chairman is now chairman/broker/board of directors something like that in Kingston…
The rates are very competitive… $2K to $20k INTEREST RATE = 12 – 14%;
Greater than $20K = 15-18%; Greater than $500,000.00 = 19 – 22%….Rates are always subject to change, bottom line, the returns are one of the best right now in Ja for the power of compounding… a mere $2,000.00 compound for 48 mths …(average car payment) would reach little over a million….(Less than $2K is given whatever OLINT declares)
Referral is needed, if you are in Ja-Kingston area, ask around…Some members are on this Blogg…. Website will be up in the near future…
My lawyer gives the ok for this entry…..(Today I am brutally reminded that we are not family afterall…sometimes I drop my guard and believe we are family! Right Babs?)
Best Regards…
DH said,
December 7, 2007 at 8:34 pm
Jcan,
Thanks for the information, I was just wanted to know if the investment was independent of the others. How long has it been around.
DH said,
December 7, 2007 at 8:44 pm
Jcan,
Is there any fees assosiated with the investment of Uwin
Jcan said,
December 7, 2007 at 9:05 pm
DH
UWIN was recently introduced as an addition to Olint by the ‘broker’ chairman/director in between the line above… approximately 1-2 mths ago.
However, UWIN has been around offshore for a while. This jamcan ..the chairman/director of impeccable character is one of its chairman in Panama.(They are a group of traders) Seems somewhat similar to Caphfx managed accounts but the rates are lower.
I have seen this broker’s business name mentioned on this site before, hence I thought it was common knowledge.
Jcan said,
December 7, 2007 at 9:08 pm
0.75% for amount less than US20K; 0.375 for amt greater than $20K and free for amount equal to or greater than $500,000.00
DH said,
December 7, 2007 at 9:11 pm
Jcan,
Thanks, I know the broker you speak of.
HD said,
December 7, 2007 at 9:13 pm
Man…I was on the road and tied up for some time and look at all dis Drama….AJ….what have you done !….lol….it is really not that bad I think but if the owners only give it out on a need-to-know basis it should be respected as such.
AJ, you need fi do like Shaggy and just deny it…say it wasn’t me…..don’t admit to a ting….me know sey you know dat as a playa already…so just apply di same ting….lol
Anyway AJ…..come back and inform the masses…no worry bout de old Judas dem….some a dem not even wait fi di “ink” dry (so to speak) before dem want drag you go half way tree square an hang you.
Anyway draw fi some lyrics from Bob tonight and come again…..next time post di account info fi di bank manager dem at NCB and BNS…..jk
JSM said,
December 7, 2007 at 10:16 pm
POST # 665, Jcan, the dollars you mention in your post, is that Jamaican or US Dollars? I just want to make sure.
Kevin2 said,
December 7, 2007 at 10:52 pm
I sincerely hope we don’t stop sharing info here freely. As it is, I find it extremely difficult to read between the lines as someone who doesn’t live on the rock.
So AJ made a booboo. So what? There will be more from time to time I am sure so let’s not crucify the man. Anyway I beg you all not to stop sharing info that will help us all. Let’s get back to why we are all here.
AJ, get back on line!!
nick said,
December 7, 2007 at 11:30 pm
@ JCAN
When will UWIN website be up do you have a phone number for them. Did you say they were affiliated with the popular club thats not taking on new people at the moment? I been wanting to put some money in that club but these rates you publish is attractive. How would you rate there credibility scale of 1-10. 10 being the highest
Thanks for the info
nick said,
December 7, 2007 at 11:32 pm
AJ just apologize and lets move on, i think people come down too hard on you though unnecessarily.
Phillip said,
December 7, 2007 at 11:56 pm
MoneyChimp,
Thanks for your response. You are quite right that I am not a member of OLINT…not directly anyway. I am one of those ‘backdoor’ members who has money invested with a friend who is giving me a full return without any fees etc. As of now I have made almost 100K in OLINT through this method and I am quite happy with my returns. As such, it would hurt me as much, or even more than it would hurt you if OLINT was jeopardized in any way. I just wish Jamaicans could remember that we are all in this together. No one but BOJ, NCB and Scotia Bank will benefit if OLINT is compromised. Let us just stick together here.
Your comments, while harsh, are respected and noted. I did like the way you responded however, with no direct insults and name-calling. Blowing a lot of smoke is a much nicer way of saying ‘talking a lot of sh*t’, but that effort is appreciated. If we can all communicate with each other in this manner we will be able to not only make this blog a better place, but hopefully have some impact on the way all Jamaicans speak with, and treat each other. Open dialog is the key to solving all of the problems in the world.
Can you imagine if instead of running OLINT out of Jamaica, the government sat down with David Smith and saw what his company could do for our country’s future? That is a great thought.
Phillip
DR said,
December 8, 2007 at 5:10 am
I suggest that Bruce, invite DavidS to trade this country out of debt! (here here).
Did you all see what Senator Hyacinth Bennett said in Parliament on Friday?
Kinda sounds like she may very well be a part of “our” clubs.
check it out……sobering words:
http://www.jamaicaobserver.com/news/html/20071207T170000-0500_130166_OBS_SENATOR_PROPOSES_COMMITTEE_TO_LOOK_AT_ALTERNATIVE_INVESTMENT_SCHEMES.asp
DR said,
December 8, 2007 at 5:17 am
I wish that someone in high authority though will let the goverment officials and the BOJ/FSC/commercial banks/newspapers understand that their is a BIG difference between C+ and the Fxtrading clubs.
They are NOT all the same. They all pay high-yield…but C+ is borrowing and seemingly buying properties: and finding a way (it seems) to pay out big money: I am not sure: how?
Fxtrading clubs: trade currencies, kinda like the stock market except that they are using currencies.
I do get a little upset when the media tries to put all clubs in one basket. C+ CANNOT be put in the same basket as WW, Olint, etc
Antsman said,
December 8, 2007 at 8:20 am
Any members of lewfam on here, just joined, have you had any problems getting your encashments? I got an emal from them saying they were having delays with payouts, as a newbie thi makes me nervous. I kno they have been around since 2004, can anyone who has been with them for a long time tell me about their experiences
Jcan said,
December 8, 2007 at 8:56 am
Nick,
UWIN is the name of the ‘other trader in addition to olint’ by this broker…judging by this director’s/chairman’s past experience and involvement with other usiness, if he is that deeply involved with anything I would give it a “10″
Somehow, i have not heard my friend babs talk about you, she seems to talk like she knows all the writers on this forum. Are you relatively new to this site? My friend will give me the low down later when we meet for tennis.
I would not write a telephone number on the site, if you are in ja asked around, and if you are familiar with anyone on this site who is rooted in the kingston area and have an ear for investment . For the integrity and longevity of these clubs i am extremely careful who i will give a referral to, even those whom i can see, feel and touch….
nick said,
December 8, 2007 at 10:32 am
@ Jcan
Thanks for further info. Yes i am in fact relative new on here, maybe like almost 2 months now i start making comments and if you read all my comments you can draw your own conclusion. Diversification i what am all about at the moment so i definitely want to move towards our newest member UWIN
If you wish to not post much comment on here, you can email me directly
nicksweet2@yahoo.com
Thanks much
Anthony said,
December 8, 2007 at 10:52 am
Jcan
I too share your sentiments re who we refer to our investment clubs after all not knowing someone means we could refer the boogey man to our ball.
ensley said,
December 8, 2007 at 11:09 am
listen guys, i dont want everyone to all of a sudden become paranoid and
stop posting information that is of value to us on this MB
We just need to be careful but not paranoid.
I too am interested in joining UWIN and as such would need a referral
How does it work though??
is there a minimum period that you have to invest yur money?
those fees quoted are they one time fees or are they recurring??
say i have 2000 to invest that 0.75% or ($175) would need to be paid when??
my email is smith08us@yahoo.com for anyone who can refer me
for those who need referral for Higgins Warner just send me an email
ok
AW said,
December 8, 2007 at 11:39 am
jcan,
Could u kindly email me the name of the director/chairman and if possible a contact # for Uwin to Virgo_177@yahoo.com I am in the US and this info will help me greatly when I call Ja to do my due deligence.
Thanks much
Babs said,
December 8, 2007 at 12:28 pm
@665 Right!!!!!!!! Jcan.
My friend we will talk more on the tennis court later where I will bet your a.. again. ha ha ha. Got you.
lover said,
December 8, 2007 at 12:31 pm
I too am interested in joining UWIN and as such would need a referral
my email is unitedwereach@yahoo.com
DRK STAR said,
December 8, 2007 at 12:35 pm
#679
Lewfam kriss Anstman. I joined with them from they were in jamaica 2yrs ago.
DH said,
December 8, 2007 at 12:57 pm
Post #656
It seems I actually did post my email in open channel. Let me apologize for my error, it seem as if mi head a gader wata from all the kicks and punches it get.
Peace
Antsman said,
December 8, 2007 at 1:43 pm
#687 Hi Drkstar thanks for your response, Have you had any problems wih Lewfam…or things are status quo. Two years is a long time I am sure you would have left if it was not lucrative. Lets get some detailed feedback please . Antsman is a little antsy.
Bless
WL said,
December 8, 2007 at 2:04 pm
Jcan (or anybody), can you send me a referral to UWIN?
wulf.lone@gmail.com
Skeem said,
December 8, 2007 at 3:42 pm
Can anyone say what the percentage for MD was for Nov?
ensley said,
December 8, 2007 at 4:39 pm
anyone here a member of golden purse?
http://www.goldenpurse.com/?a=hyip2com
could you share some information on it with me?
TRIGGA said,
December 8, 2007 at 5:50 pm
Anyone with info on capital hillfx that’s a member and for how long would like to join. Please inform.email- trogga[ress@yahoo.com
thanks
TRIGGA said,
December 8, 2007 at 5:51 pm
693 email -triggapress@yahoo.com
MoneyChimp said,
December 8, 2007 at 6:00 pm
Phillip,
I have alot of respect for you,especially after that response. Nuff respect and blessings. I too have other friends and family members investing through my OLINT accounts. I’m able to do this as OLINT allow existing members to have a maximum of three accounts. Unlike your friend though i have to charge a fee because here in the U.S, you don’t mess with the TAX man.
Atasha said,
December 8, 2007 at 6:58 pm
Money Chimp
How do you report the Olint income on your US tax return?
MoneyChimp said,
December 8, 2007 at 7:08 pm
Jcan,
You speak of Wealthbuilders Associates! I just recently joined this club. Because i’m already a member of OLINT i chose the UWIN option, also the returns are alot more attractive.
JM said,
December 8, 2007 at 7:12 pm
what is website for UWIN?
Thanks
MoneyChimp said,
December 8, 2007 at 7:13 pm
Atasha,
My accountant handle the taxes for me. I give him all my statements for the calender year and he does his thing. My returns are taxed as capital gains which is 15%. I hope that answer your question.
lover said,
December 8, 2007 at 8:40 pm
anyone have info about the meeting cash plus held at merl grove high school today ? if u do, please share
Atasha said,
December 8, 2007 at 9:09 pm
Thanks Money Chimp,
If this is not too personal, do you collect monthly? because I was wondering if an individual was not collecting monthly, would the profit/gains be tax deferred until it is withdrawn.
Patricia said,
December 8, 2007 at 10:07 pm
QUICK QUESTION,does anyone know anything about WW increasing rates in Jan to high of 15%??
AJ, I for one valued your input…please rejoin the dialogue. I feel you are above the unfortunate remarks that were made.
Atasha said,
December 8, 2007 at 10:09 pm
Patricia
Did you get that info from a member or an insider?
Marlene M. said,
December 8, 2007 at 10:33 pm
Hello Blog Family!
A little infomation on Minvestment…… apparently a new member/investor on his/her #3 day of investing funds had a conversation with a customer service rep; see what was said below.
This may not mean much… let’s hope he/she will share more about their experience at the end of 150 days; 3 days elasped remainding days 147
Much success to all who have invested with Minvestment.
This is it….
Stephen: Hello, how can I help you?
you: hey stephen… i jus need to set my mind at ease and i am sure u are asked this quwestion everday
Stephen: sure go ahead
you: how is it that my little 200 bucks turn into 34000 in 150days
Stephen: that is if you do progressive compounding for 150 business days
Stephen: Our company has a wide array of expertise in the investment world. We invest in real estate, oil production, forex, stock and commodity trading. Our three main investment goals: higher yields, diversification of assets, and the minimization of risks. We are involved in real estate development in Southeast Asia and Eastern Europe, two of the most rapidly growing regions of the world. Our Continuous efforts, ceaseless pursuit of perfection, careful analysis and first-class trading techniques have made it possible for us to achieve all of our trading goals with great results.
you: wow…. kool…. you have been in the business officially for 5 years… if you dont mind me asking how many people have been able to withdraw sums of money over 30,000?
Stephen: many members
Stephen: we are processing big amounts daily
you: ok i see…. just mean to put my mind at ease as there are many people who are skeptic, and i have not found any member who have actually gotten any money on any of these forums… do u have any links of any of your members who have posted on any forum or discussions who have gotten paid?
Stephen: Minvestment Forums
you: ok thanks stephen
The previous was a conversation I had with one of thier reps….. and it does somewat put things into perspective. I noticed in my research process… that alot of people who spoke of this programme were/are skeptical, but nooooobody has discredited them.. thats a definate plus in my book, especially for a company who has been operating for 5 years.
Hey life is a risk… suh JUST LIVE!!….. i think everyone should try this programme and whn u do.. tell em Twist sent yah!! and remember NEVER INVEST MORE THAN YOU CAN STAND TO LOSE…. nothing is guarenteed in life except death. lol.
see u in 147 days.
ensley said,
December 8, 2007 at 11:07 pm
re 704
its funny that you posted that becase its the same information posted at
http://www.goldenpurse.com/?a=hyip2com
that is real fishy
i think you should tread very carefully
JM said,
December 8, 2007 at 11:10 pm
I agree Marlene,
Anyone that wants to join minvestment, just click on the referral link
http://www.minvestment.com/?r=juds16
Esther Gordon said,
December 8, 2007 at 11:15 pm
Can anyone give me a referral for May Daisy. I was with a syndicate in Olint, but they have raised their fees and I am forced now to diversify. I have heard anecdote that their accounts are offshoe which puts my mimd at ease . My e-mail address egordon@cwjamaica.com
Marlene M. said,
December 9, 2007 at 12:23 am
Ensley, please explain youself posted #705.
What about the posting that is “funny”, “fishy” and what is meant by
“I think you should tread very carefully”
QUICKSILVER INVESTMENTS said,
December 9, 2007 at 4:07 am
Post #453
I have been waiting three months for mine. Hopefully they sort out their wire transfer problems soon.
QUICKSILVER INVESTMENTS said,
December 9, 2007 at 4:56 am
quicksilverinvestment@gmail.com for May Daisy info.
DR said,
December 9, 2007 at 5:45 am
I don’t know about WW increasing from 12% to 15% – - I awent there last week and asked the same question….
It’s time they raise the percentage….There are several clubs that are paying alot more then 12%…………
well if they don’t raise it soon, I’ll be out.
TB said,
December 9, 2007 at 7:30 am
I cannot complain, I have gone 120days and have thirty days left. This is my referral link for those interested. http://www.minvestment.com/?r=jettt.
CHECK IT OUT!
GetRichOrBrokeTryin' said,
December 9, 2007 at 7:51 am
It is so funny to me how the banks are fighting the clubs because they actually give us interest on our money and now the clubs are basically competing with each other by increasing their offers.Better for us I guess as long as they can sustain the returns.
Re Minvestment: Marlene do you realize that Stephen told you the same thing that most hyips say with regards to how they make money? The same ol story…we are into forex trading, oil production, real estate, stocks, blah blah blah.
Stephen told me that they have over 45000 members. Let me be conservative and say that the average deposit is $100. That means they have over $4.5 mil in deposits. The majority of ppl are gonna go for progressive compounding simply because we are greedy and impatient. Let us say 35000 ppl chose progressive compounding. That means they are only paying simple interest to 10000 ppl which i think is easy to do from a pool of minimum 4.5 mil. Everybody else is just watching their money grow in their account but will they actually get it? I am pretty sure they will pay some of the first progressive plans that will mature soon. Alot more naive ppl will read the reviews on the forums and feel so confident in this program and even more deposits will come in.
How long this program will last depends on how much money comes in when progressive plans are maturing everyday. Also depends on how greedy the admin is. Hey I have a little $35 compounding from October. It reach over $100 now and will be over $3000 by May. I found Minvestment too late to risk significant $ in it. If I had found it in May 07 just after it started, I would have tried $500 and made back my principal in 3 months from simple interest. I would now have been in profit for at least 3 months. Maybe I should just join the bandwagon and promote the hell out of Minvestment. That way i just might get paid…LOL. Naw I don’t deliberately try to make money at our ppl’s expense.
Jcan said,
December 9, 2007 at 9:10 am
The fees quoted for WB is taken from the monthly gains. Once the website is up and running I am sure some one will post it here.
How strange though, the extremely questionable investment plans are so easy to get in..like the HW, the mini…is the referral bonus masking the truth within us?
AMADA said,
December 9, 2007 at 12:34 pm
I am interested in joining UWIN can anyone send me a referral ?
Thanks
amadamia4292@yahoo.com
ensley said,
December 9, 2007 at 1:05 pm
I am interested in joining UWIN can anyone send me a referral ?
Thanks
smith08us@yahoo.com
amada said,
December 9, 2007 at 1:18 pm
Help!!!
I was signing up minvestment form and I was ask for the e-gold and e-bulllion account # but if I signing up I don’t have any, can someone help me with this?
Thanks
amadamia4292@yahoo.com
JM said,
December 9, 2007 at 1:30 pm
Amanda,
go to http://www.e-bullion.com and sign up for a free account. Once completed, enter into your e-bullion account and click on the link that says FUND ACCOUNT, follow the steps to place funds in your account. I choose bank wire cause its the fastest method.
For more information contact me at juds1456@hotmail.com
Also here is my link for minvestment
http://www.minvestment.com/?r=juds16
Adrian said,
December 9, 2007 at 2:15 pm
#665 or anyone who is a member. Please can you send me a referral to UWIN. Would be greatly appreciated. Email: adrian.baugh@juno.com
NM said,
December 9, 2007 at 3:35 pm
I am interested in Minvestment, but these online investments are very risky. Does anyone knows anybody who really benefited from this club? after all 150 days is a lot. They will tell us we will get the money at the end of the period, but does anyone actually get.
Afraid to tek risk said,
December 9, 2007 at 3:40 pm
Is minvestment for real. How can someone invest $100 and in 150 days earn over $11,000.00. no where in the world no investment club offers this. I wonder if this is trick, just to get people to invest then run. BEAWARE!
Dee said,
December 9, 2007 at 3:43 pm
minivestment have been around since 2000 not last year
JM said,
December 9, 2007 at 4:22 pm
#721 invest what you can afford to loose and take a risk. My referral link is
http://www.minvestment.com/?r=juds16
GetRichOrBrokeTryin' said,
December 9, 2007 at 4:29 pm
#722 – Are you the CEO? LOL! The site has only been online since May 07. I don’t care if “Stephen” claims that they were operating offline before that.
JM said,
December 9, 2007 at 4:32 pm
GetRichOrBrokeTrying
You are right, its the parent company that has been registered since 2000
Dee said,
December 9, 2007 at 4:46 pm
#722 you ignorant sah
Dee said,
December 9, 2007 at 4:47 pm
correction #724
GetRichOrBrokeTryin' said,
December 9, 2007 at 5:02 pm
#727 – No need for the correction. You are the one who is ignorant. Wonder if you know what the word ignorant means? No offence. Anyway I was just stating a fact about Minvestment since they claim in their About Us that they have been operating online since 2000.
http://www.alexa.com/data/details/traffic_details/minvestment.com
ensley said,
December 9, 2007 at 5:02 pm
listen i am wary of these online investment schemes
i went to this link which ranks online investment schemes and minvestment is wayyyy down on the list
the thing that got me concerned however is that they all say the same thing about how they make their money.
in my opinion they are not to be trusted.
the link is:
http://www.hyiprank.com/
take a look yurself
NM said,
December 9, 2007 at 5:03 pm
I need someone who is in opentrade.net to send info on how it works to Jhevereann@yahoo.com
GetRichOrBrokeTryin' said,
December 9, 2007 at 5:14 pm
Interested in hyips? Here is a nice monitoring site.
http://www.goldpoll.com/
tgm said,
December 9, 2007 at 5:47 pm
Chillin,
can you give me a referral to capitalhillfx please
thanks
tgm@flowja.com
Dee said,
December 9, 2007 at 7:14 pm
#728 if you know what it means then I know. Do something better with you time
MoneyChimp said,
December 9, 2007 at 8:26 pm
Dee and GetRich,
Fyi – Ignorant is a bliss.
The meaning is, in it’s simplest term “not knowing”.
Phillip said,
December 9, 2007 at 8:29 pm
With regards to Minvestment, the truth is that they have only been online since mid 2007. Anyone who believes otherwise, despite what they tell you, is simply trying to believe a lie. The proof in this is that the first set of 150 day lock-ins are coming to maturity some time this week. If minvestment was ‘operational’ as they claim since 2000, there would be a slew of people online bragging about their compounding gains. I have seen all the forex forums, and I am still waiting for even one person to prove that they have received all of their money after the 150 day period.
It is simple business. If you want to gain the trust of investors, simply tell them that you have been online for a long time. Those who do not research will fall into a trap. The domain search says it all. They are a new company, and most likely, a well organized and well disguised ponzi scheme. I remember several months ago I posted on the original blog page that I was going to join minvestment. A little more research drew me away from doing that however, as there are just a few too many loose ends.
At any rate, if you invest only what you are willing to lose, then you have nothing to worry about.
Good luck to all.
Phillip
ps Ignorance is bliss….until you lose your money
Atasha said,
December 9, 2007 at 8:45 pm
Hi Money Chimp
You never answered blog #701
Dee said,
December 9, 2007 at 8:56 pm
#734 well done
Sharonette said,
December 9, 2007 at 8:57 pm
Hi
Could anyone say how getting money into an e-bullion account works? Do I request that my bank does a wire transfer of the stated amount and then start trading in the online investments?
MoneyChimp said,
December 9, 2007 at 9:00 pm
Phillip,
Thanks again for correcting me! If you need a referral to either lewfam or Wealthbuilders Associates, please let me know.
MoneyChimp said,
December 9, 2007 at 9:07 pm
Atasha,
I’m sorry. I do debits monthly but not for me, but for my friends and family members. but to answer your question, “#701 – I was wondering if an individual was not collecting monthly, would the profit/gains be tax deferred until it is withdrawn.”….. That would be correct!
Atasha said,
December 9, 2007 at 9:13 pm
So Money Chimp
Correct me if I am wrong. If I started Jan 1 2008 and I decided to let the gains compound for two years and withdraw Dec 2009. The first mention of the gains on my tax returns would be in 2010 as capital gains when I file my 2009 taxes.
MoneyChimp said,
December 9, 2007 at 9:20 pm
Atasha,
That would be correct but you must be able to show proof of all transactions. I’m not sure which club you’re with but most clubs provide monthly statements or offer online access to account details.
Atasha said,
December 9, 2007 at 9:22 pm
Thanks so much Money Chimp. You’re the best.
DW said,
December 9, 2007 at 10:11 pm
wilshaw
Investment Tech said,
December 9, 2007 at 10:16 pm
# 738
Why dont you read the FAQ section of the site. all the information is there
Marlene M. said,
December 9, 2007 at 10:41 pm
#705 ensley, await you reply to #708. Just as I taught…..
Blogger please know that #704 is a post from another blogger I shared on Cogit from another blogsite I was surfing. Basically, it confirms the same old information we have heard before. Nothing is new as most of you already know.
#713 GetRichOrBrokeTryin’: good analogy of how Minvestment will/will not pay out funds. If you loose your funds would share your experience here about Minvestment/HYIP?
#735 Phillip: You’re right; we have not heard from anyone whose funds have matured in 150 days. I agree that one should remain careful and invest only what he/she is willing to loose.
I have invested funds with Minvestment and share the same concerns that many of you have. Much research was completed, skeptical yea!
Took the risk, yea!
Consequently, I won’t loose all (principal/interest) of dollars $$ compounded I expect which will matures next week. LOL…….. (-: at me if I do.
Much success investors, I’ll keep you posted when days elapsed have expired and I get paid.
Counting down days ………….”0″ !
Optimistic said,
December 9, 2007 at 10:53 pm
Antsman #679, I hope you don’t have too much to worry about. I’ve been with them well over a year and made one encashment via “wire transfer” which after 4 weeks, I ended up receiving in cash from a representative. Customer service was on the ball, however, trying to constantly assure me that it was a one time thing, I’m not running yet.
Anthony said,
December 10, 2007 at 7:28 am
The way I see it we should be demanding efficient service from our investment houses before we start looking for increase rates. With increase rates comes more volume of traffic and if a proper foundation is not in place could buckle under pressure. Remember right before the cash p dilemma several people were there up to 11pm trying to sign up, now look what has happened.
For all out there who are requesting UWIN let me assure u there are a lot of things to be ironed out and put in place before heavy traffic could be dealt with. With all the glitches being experienced for quite a few months now I would hate to imagine a run of new investors. Let us not be hooked to big interest but the ones that look realistic. The representatives of UWIN needs some time to make this workable. After that I am sure all who wants referal will find some one to refer them.
Do your research and you will see that I am just telling it as is.
DR said,
December 10, 2007 at 7:53 am
What is the interest rate for UWIN?
DR said,
December 10, 2007 at 7:55 am
Parliament is getting in on the action: I saw it in the Gleaner
http://www.jamaicagleaner.com/gleaner/20071210/business/business2.html
Lambert said,
December 10, 2007 at 8:45 am
If you need referral to lewfam e-mail me at lambertquartey@yahoo.com
Lambert said,
December 10, 2007 at 8:47 am
Hello I am looking for invitation to C+, and capital Hill.
e mail me at lambertquartey@yahoo.com.
I can refer you to other clubs in return if needed. just e-mail.
THANKS!!!!!!!!!
Anthony said,
December 10, 2007 at 8:47 am
DR see #665.
Patricia said,
December 10, 2007 at 9:26 am
Lambert,
I suggest that you read through the posts carefully…trust me it really helps in getting info and who specifically to ask for specific requests. For eg. Blogger Lover, unitedwereach@yahoo.com…….had indicated that they are happy to give C+ referrals.
On CHFX, you will note from their website that they would prefer members not discuss them etc in public..etc…also if you read all the posts..you will become adept at reading between the lines as per DR’s intructions……..with chfx, you may have already stumbled upon the referral. BELIEVE ME, READ BETWEEN THE LINES…..and if you are a yardie state so in your application..that too may help.
Patricia said,
December 10, 2007 at 9:42 am
I couldn’t help but smile at MoneyChimp’s post at 639…..that’s what comes from constructive dialogue……productive and positive results. I applaud both of you.
I hope we can try our best to keep the intemperate outbursts to the barest minimum as it simply disrupts the harmony and flow of information.
And remember we dont just give/seek referrals, most of us here really try to inform and educate. Again, to those from whom I’ve learnt…. many thanks!!
I hope the reading and financial/investing self education continues. May I also add to your suggested reading list Rick Warren’s “The Purpose Driven Life”….important to not only fatten our purses but our minds and hearts as well. To PEACE AND PROSPERITY
P.
Anthony said,
December 10, 2007 at 10:02 am
Remember also the gift in giving especially to those who really are in dire need. A smile on a receivers face can really make the day brighter.
The song writer says “Money can I have a drink of water”
Let us continue to be HUMANE in our search for financial freedom.
Lambert said,
December 10, 2007 at 10:15 am
many thanks. Patty, I will do more research.
Sharonette said,
December 10, 2007 at 10:40 am
Thanks Investment Tech.
Ms_Infinity said,
December 10, 2007 at 1:26 pm
Minvestment has made a payout. See below (from http://www.moneymakersgroup.com)
jay123uk
post 12/7/2007, 01:22 PM
Post #3467
Ok ill keep my mouth shut from now on.
I have requested $25,000 and has been paid on time via e-buillion, ill lock in for one more of the 150 days see what happens, all the best to everyone else.
lover said,
December 10, 2007 at 1:46 pm
#739 MoneyChimp
please be my referral for Wealthbuilders Associates, my email is unitedwereach@yahoo.com
Optimistic said,
December 10, 2007 at 1:59 pm
Went to C+ this morning, we were given a notice that no cheques were being issued. They say that wire transfers of mthly considerations to lender accts would commence Dec 10th, and that disbursements would re-commence in January. Wait N See.
ensley said,
December 10, 2007 at 2:31 pm
@759 are you ms jay?
can yu give us a link to the direct post in the forum??
what was yur initial investment amount??
how do you get it from your ebullion account to your us dollars account??
what are the fees invloved???
Enlightened said,
December 10, 2007 at 3:44 pm
I just got off the cashplus blog…
and i just have one question that i want to put out there…
Is it just me or does anyone else think that Max Higgins is mentally ill. I dont say that to be rude I seriously mean that.
This is the premise on which that comment is made, the man seems to have flights of fancy and just takes the names of other successful business’ and trys to pass them off as his own.
Higgins warner : The warner is taken from time warner he told me (when he was here) that he worked there and learned from them and so he adopted their name in his company name.
Walt disney mundo ( translated mundo means world) and then says that he never claimed any relation to the official Walt disney world. Then where did he get the name and why is he showing official disney characters (Mickey and miney) in his promotional video.
And then he is calling himself “sir” max higgins. When was this man Knighted?? he wasnt!! he just decided to call himself that.
If that is not the behaviour of a mentally person i dont know what is, its is clearly some kind of delusion.
Let me know what you guys think, and be careful.
BlueBird said,
December 10, 2007 at 3:59 pm
Sorry to be laughing ..but that was really funny Enlightened..I can tell you are very concerned and serious…so forgive me. BUt if you look into it…most pioneers are a little looney.
DW said,
December 10, 2007 at 4:26 pm
#763.Good humour,MAX the MICKEY MOUSE WARNER!!!!! ha ha ha ha ha
DW said,
December 10, 2007 at 4:37 pm
Sorry for getting a little carried away,but PLEASE my fellow investers do research before investing,also remember never invest more than you are prepared to lose.
Enlightened said,
December 10, 2007 at 4:50 pm
DW,
Post # 744 ???
do you have or are you seeking info??
And bluebird i take your point that some pioneers are a little looney but you know who are also a little looney…
yes thats right you guessed it crazy people! but i wouldnt go to ward 21 or belvue and ask those “pioneers” to invest money on my behalf.
BlueBird said,
December 10, 2007 at 5:00 pm
I don’t either..trust… and is always are good ideas to watch what people have said and say..how they relay information…the way they speak…associations they make etc…all of these things help to show what is really going on upstair…fi real…;)..I agree with you.
BlueBird said,
December 10, 2007 at 5:04 pm
Di bird have to fly aways now…I look forward to all informative details to come once I check back tomorrow…be safe everyone…keep your eyes peeled.
DR said,
December 10, 2007 at 5:16 pm
#754 Anthony thanks for your help…..
So is WW going to increase to 15%?….I wonder….
Not so sure what is happening to Higgins?
People, what’s up with Higgins and C+: : Are they the only ones in trouble?
How comes the others excluding Olint and LewFam are so quiet. Is it that the others are not in trouble at all? Is it that the others are doing something right?
I wonder?
Patricia said,
December 10, 2007 at 5:33 pm
Teehee…… NCB stocks fell today by .45cents…analysts feel stocks -vely impacted by the banks position with alternative investment schemes….they’re lucky it only fell .45, I say sell and put the $ in fx..hahahaha…hit them where it hurts…the same pple who buying buying stocks also in fx…so let them stay there….pple very 2 faced, in public crying down the clubs, but in private checking their returns and constantly increasing their margins…hypocrites, I tell you!!!
Patricia said,
December 10, 2007 at 5:43 pm
Enlightened, I recently read an article in a Latin online newspaper,Extremista on “Sir” Max Higgins and the whole Walt Disney Mundo SA….the writer too thought “Sir” Max seemed dillusional. In fact the section of the paper the article was in is called..”Bizarre” The Mayor of San Pedro, Argentina, was perplexed by Sir Max’s grand plans, and…. why his town…I’m sure that now they can’t be pleased with the -ve attention coming from the injunction against Higgins Warner from the real Disney World…..Anyway, has HRH Prince Talaweed, or whatever his name is, yet publicly distanced himself from this debacle????
Investment Tech said,
December 10, 2007 at 5:44 pm
#759
before anyone rushes to invest in minvestment, plz note that whoever 759 is referring to on the blog is telling a lie. It is totally impossible for that person to have transferred money after 150 days of investmnet to ebullion because minvest only just started acceptin e-bullion sept 4 which means that it will be april 2008 b4 anyone collects 150 days investment in ebullion accs
Jcan said,
December 10, 2007 at 7:37 pm
Interesting commentary re “sir max” by #763. I agree that “sir” deliberately exploits confusion between similar words (PUN) for rhetorical effect (in ’sir’ case financial effect…) …now in this post 911 era, ’sir’ max wants investors to wire funds to that side of the world! INSANE!!!
Jcan said,
December 10, 2007 at 7:58 pm
…For information only….
“Bank accounts can self-destruct
*** Don’t get targeted as “wealthy” (If invest wisely with forex we will all be)
*** Keeping your money and investments really safe
Brief review… when you work, you trade your efforts for money, and that money is really nothing more than worthless paper. Even though you can exchange it for other goods and services, by itself it’s worthless. But the fact that it’s not backed by anything and worth nothing more than what the issuing authority says it’s worth leaves the door open for some major money-making opportunities.
Today, let’s look at the problems in many countries regarding the safekeeping of money. (with forex big pay day some persons need to read this)Then let’s find some solutions to those problems.
First, sticking your money into a bank account in most western countries today is costly and can be dangerous to its very existence. How?
Consider banking fees in most western countries that have skyrocketed over the past few years.
Consider that the taxman has full access to every cent being earned.
Consider that any US lawyer can find out exactly how much you have at any time.
Consider that the bank’s interest paid is far below inflation and fees.
Consider that banks own your funds once you deposit them.
In most western countries, investments made through their various exchanges are always monitored by or reported to the government for the purposes of taxation. Then consider that this information is often not secure and can be extracted by many means by lawyers and hackers. Also, Real estate purchases are thoroughly documented and, in many countries, data can be easily collected for many purposes.
In all western countries with high cost social programs, there’s always another danger for anyone with more than basic wages in a bank account. That danger is being identified as being “wealthy” or higher up the income list than those who want handouts and those who give them out.
Notice graduated tax systems, property and luxury taxes and many fees based on location—for anyone earning more than basic subsistence, they rob any investment of earnings and penalize you for succeeding.
OK, enough gloom and doom. So how do we get around these problems?
Here’s a word you’ll probably be worried about: “offshore”. Remember about disinformation and demonizing because of fear of competition? If you have any opinion that going offshore to earn or hold your investments is dangerous, illegal or unpatriotic, you need to go back and do your research…
Going offshore is nothing more than finding a safe place for your money and investments. Do you realize that everyone else in the world, outside of your home country is doing business…’offshore’? Do you realize that Uncle Sam, now the ‘mother of all Big Brothers’ has some major benefits for overseas investors including no taxes on passive earnings? This is true in most of the big western countries because it’s how governments attract outside investment. And it’s this investment that helps hold their economies together, including the US. Ironic, isn’t it? The ones working hardest at vilifying anything ‘offshore’ are offering ‘offshore tax haven benefits’ to the rest of the world to induce them to bring money in ! They just don’t want you sending yours out !! It’s pretty obvious isn’t it?
It’s not only perfectly legal, it can be far safer for several reasons. First, countries guard their jurisdictions from other countries and don’t casually let outside lawyers or snoops look at bank accounts and investment records. Interestingly enough, the US and UK have the worst banking structure in the world with a fractional system that keeps very little money in the bank. In the US, banks need to keep no more than 5% of all depositors’ money in the bank! Ever seen that little notice about not necessarily being able to get your money right away?
Economic treaties, free trade zones and information sharing agreements are now pervasive between numerous countries worldwide. Many countries now share economic information with their treaty and trading counterparts in other countries.
So where do you go? That’s what Privacy Club International provides its members. They have access to real time, real information about banks and how to best undertake financial transactions in the safest places on earth. For instance, did you know that some foreign banks keep more than 100% of depositor holdings? Members share what they have learned, what they have seen and where the best places are all from real firsthand experience.
Going offshore for safety of both principal and earnings is done every day of the week… .” from the VRG info
GetRichOrBrokeTryin' said,
December 10, 2007 at 8:13 pm
Very good point #773. Several persons have asked him for proof and none up to now. Also on that same forum someone else provided proof that their 150 days was up and they got their principal back. That person still has about 30 days left in his progressive compounding plan. He did not do progressive compounding from the beginning.
VMS said,
December 10, 2007 at 9:27 pm
I only hope everyone here who has invested with HW start looking at the writings on the wall.. It wasn’t very long the same thing happened and it started the same way..I was suppose to go to argentina and see what he is really doing over there but suddenly everything is in turmoil and since then i can’t get any clear answers.. He told me he had powerfull investers here and partners especially in banking.. How the monies invested were insured and real investment of people’s money were happening in argentina.. However, i heard and saw it all before and i too think dillusional is the word to describe him.. Lets hope no one loses their money.
VMS said,
December 10, 2007 at 9:39 pm
Hi Enlightened.. You and I are maybe the only two person’s who are aware of max being in jamaica ..Have you ever met the man? he really is weird and when he was here he use to promote britney spears and paris hilton on his shows and all kind of fashion designers that he has never met ..when i asked him about it he just said to me he can get them.. he told me he was one of the best lawyers in new york ..prosecuter even and how many big cases he worked on. i couldn’t find which state he passed the bar in but i gave him the benefit… he seems young for all the things he had done.. I do give him credit to be able to keep doing things like this and getting away with it.. it takes guts.. sometime i feel sorry for him but at the same time i really don’t want any of you here to lose any money ..He desperately wants to be rich and own his own private jet and all, but to who’s demise?
Patricia said,
December 10, 2007 at 10:02 pm
VMS, so how did he end up in Argentina of all places???
namekyoyo said,
December 10, 2007 at 10:06 pm
759
Hahahahh Investment Tech just Call you OUT!!!! (#773) HAhahahaha Bwoy that was a good one. haha keep those eagle eyes sharp Investment Tech.
While on that note I have a question for you people on this blog who are willing to invest in what you suspect to be a ponzi/pyramid scheme. First of all I expect allot of scoundrels to try and rob people. That I expect and accept but what about you who know better. You who say with one breath…we should help each other out the people who give excellent advice on this forum with one breath and with another say “i would invest early in these ponzi schemes then get out before it collapses”.
Where is your good will to the people when you say and do this. don’t you know that your very participation in the scheme encourages the more ignorant to joint to their detriment.
Don’t you realize that knowingly investing in a ponzi/pyramid is the same as starting one. You are as guilty of robbing the ignorant as the person who starts the scheme because you know what the end result will be. You know very well that your returns will be based on the investments of people who do not know better (for the most part).
Once again I am only speaking to those on this forum who knows better not calloused hearted thieves who spend their time in devising schemes to rob the poor and ignorant. Not talking to you…your heart is already calloused and I won’t waste my breath on you. This message is directed to the people on this forum who have a conscience….the ones who give good advice….no great advice…..I have learned so much from you all. But I can’t help but to say something about your willingness to profit at the expense of the less knowledgeable. If you really mean it when you say you want to help others let your actions be consistent with your words…..please DO NOT invest in schemes that you know will rob people later down the road.
DW said,
December 10, 2007 at 10:06 pm
Enlightened,re-Post#744 A friend mentioned, that another mutual friend was involved at a managerial level, and that the min-investment is US$10,000 the club mocks OLINT and gives similar monthly interest.There is a cap on the amount of members being accepted at this time.
DR said,
December 11, 2007 at 5:12 am
There is a poll on the Jamaica Observer website concerning alternative investments. Do you think the Government should regulate them?
I am concerned about Max & Higgins Warner. Not reading good things about them at all….hmmmm Be careful friends.
The bad eggs in these alternative investments group will LEAVE. Onlty the true and strong will survive – - especially since I suspect that if Olint wins the case, the government (for the peace of Israel) would say “yes” all these clubs need to be regulated. They will write new laws etc…
re said,
December 11, 2007 at 6:07 am
VMS when I first came to this blog, If I am not mistaken,I think you were warning people about HW,. I had already deposited quite a bit of money!!! I really hoped for a whole that you were wrong.You were certainly telling the truth!!! This man is clearly a liar!!! every month he has a different story.Even thouigh I have my money in I do not refer people to this club,I cannot be that selfish, He really has that thing about him that is very convincing , when you talk to him on the phone,I too was to go to Argentina!! I smell some trouble too and cannot waite to jump off this boat.
DR said,
December 11, 2007 at 7:44 am
Do you know the song “JUMP JUMP JUMP”…..? Get that Carnival spirit RE!
Enlightened said,
December 11, 2007 at 9:11 am
VMS,
I never met Max Higggins face to face I responded to an investments ad in the gleaner about 3 yrs ago, spoke to him a couple a times then decided it wasnt for me. Everytime i spoke to him (about 3 in total) he was telling me something else. And he did tell me about being involved in promoting britney spears and having distribution deals with the major retail stores in north america, he was the head of a modeling agency and had contracts with local hotels for their entertainment… and so on and so forth…
These ads ran in the papers for months then he was on real business (radio programme) and when he was drilled as to how he was going to pay the returns and how many contracts were actually signed then he couldnt answer beyond saying that “people just love jamaica”… he sounded a little off and i think the host realised it too.
It was after that that i started to hear that he ran off with people’s money but that was before this whole HYIP thing got so popular. Im surprised that more people arent speaking out publicly.
Cleon said,
December 11, 2007 at 9:41 am
Higgins Peeps,
I spoke with an agent yesterday, who told me that payments have resumed, however the banks are taking a different approach. Each bank NCB, BNS RBTT etc. will make payments to their respective clients ONLY….which means HW has to have an account with all these banks with sufficient funds to make the payouts…….they r currently running behind with the payouts tho due to the problems encountered with the banks last month…..
BlueBird said,
December 11, 2007 at 10:11 am
Namekyoyo # 780. I get what you are saying and I agree with you to a certain extent…the fact the someone decides to invest even though they know the end result is pure “chance” and a risk that person is willing to take…just like the others who invest without knowing the end result.
Many of these things is based on timing…when you get in and when you get out. There is someone here who got out of C+ when they heard something was going to happen toward the end of the years…and it did…should you blame that person for getting out? I only wish that the person said something on the blog before the whole thing when down (I am not sure if they even knew about this blog at that time though)…certainly…I am not counting C+ out but the information would have been useful for those in C+. So it is all about taking risk and risking what you can afford to do without if it goes in the wrong direction…everyone getting involved NEED to do their research to see what fits them…emotionally and financially (can you sleep at night?). Enlightened (#785) states after speaking to “Sir” Higgins…it was not for him/her…but others did not do their part to at least be informed and that is where the TRUE problem is.
I get your point though and I would not do that…but I certainly understand people who do…sometimes they win and someone they don’t just like the person who did not expect a bad ending. I don’t think they should be judged as being just a guilty because they invested and them pulled out.
In the end, I just wish more people would share their experiences more frequently with others before it is too late…that is where caring about others really shows. I appreciate everyone here and what they have to say…education/information is power!
Mr. C said,
December 11, 2007 at 11:57 am
Folks on a different note…..
based on satellite imagery Olga seem set to impact Jamaica land we love. hope you all stay safe and do what you can to protect others, you and yours.
re said,
December 11, 2007 at 5:26 pm
HW seem to be paying to people who have less interest at the end of the month, In doing this most of the people keep quiet.The people I know who have not received their money ,all have outstanding amts. of over $5,000 most $20,000 u.s. as one month’s interest.We need to keep being open and united,as that is the only way we can stand.
By the way has anyone recently gotten their principal from HW ?
Sharonette said,
December 11, 2007 at 7:38 pm
Before you reach to the principal….my first interest payment became due the 8th Dec (and it is less than the $5000 amount) and I have not seen or heard anything. I went by the Kingston location on Cargill Ave. just this evening and was told that they no longer operate from Kingston, only Mobay.
Hellooooo……the persons who mentioned that they know ‘Sir’ Higgins could you remind him that a little courtesy to his investors would be appreciated.
Now there is no office in Kingston and we all know how getting thru to the Mobay numbers are virtually impossible. (I have only gotten through once).
Fellow bloggers, thanks for the heads up…but I had invested with HW before becoming a blogger…so I just have to pray and have faith that these 6 months come by fast and fruitful.
Simmi said,
December 11, 2007 at 8:09 pm
I must say that I have over $20,000 with HW and so far, I received all my payments. I’m keeping my fingers crossed that it remains this way. I just received my forth payment via check. All the best to the other investors.
MoneyChimp said,
December 11, 2007 at 8:28 pm
WOW! These HW invetors seems desperate. May i remind you, the first rule in investing is “Do not invest more than you can afford to loose”. Seems like alot of us aren’t just loosing it, we’ve lost it…
Sharonette said,
December 11, 2007 at 8:42 pm
MoneyChimp,
Please don’t rub any more salt in my wound. I wouldn’t call it desperate, some of us are just learning the rules of the investment after we invested…..
“Do not invest more than you can afford to lose” – might I say gettig a copy of the e-book Richest man in Babylon on this blog enlightened me in that respect…..It’s all about timing….the good thing is that you live and you learn…I can’t afford to lose what I have already invested,but being the ’safe investor’ that I normally am, I did put in place a plan B for this ‘high risk’ that I have taken.
MoneyChimp said,
December 11, 2007 at 8:56 pm
Sharonette,
It is not my intention to insult or as you say “rub salt in your wound”. I hope that you and all HW investors will get your principals back. My prayers be with you.
ladybug said,
December 11, 2007 at 9:21 pm
can anyone provide info about worldwise, how much to start, returns etc.
and may daisy too. my email address is ladybug21@gmail.com
Sharonette said,
December 11, 2007 at 9:39 pm
No offense taken MoneyChimp….more love
LadyBug..this link should help http://cashplusinvestment.com/investment-clubs/worldwise/
Antsman said,
December 11, 2007 at 10:44 pm
Any investors in lewfam? Any problems gettting encashments, want toknow how long you have ben with them, and customer service.
anthonythelandman@gmail.com
DH said,
December 11, 2007 at 10:57 pm
Anybody heard of “Keen Exchange”
MoneyChimp said,
December 12, 2007 at 12:19 am
no
Vela Invest said,
December 12, 2007 at 12:56 am
Can anyone refer. me to F1 Investments? (velainvest@hotmail.com)
DR said,
December 12, 2007 at 5:34 am
#796 Lady Bug
Worldwise minimum is US$300 but that only attracts 6% per month, however if you start at US$1500 you will get 12%per month:
#799 DH
I have heard of Keen Exchange…but it is another “exclusive” club….you have to be reffered. I am NOT A member. I want to become one eventually though. I don’t know their details.
Atasha said,
December 12, 2007 at 5:53 am
Does anyone know anything about F1 investments?
Sharonette said,
December 12, 2007 at 7:14 am
DH,
Stumbled on Keen Exchange on the site I referred to Lady Bug. I can imagine just how exclusive they are as they were not on the FSC’s ‘blacklist’ that was printed last week. http://cashplusinvestment.com/investment-clubs/other-clubs/
Patricia said,
December 12, 2007 at 7:24 am
Back in the late 80s early nineties there were fears about the Haitianization of the Jamaican economy, now it turns out that, that may have come to pass and even worse…………this where the rock now stands…worst performer in the hemisphere
http://www.jamaica-gleaner.com/gleaner/20071212/business/business9.html
DH said,
December 12, 2007 at 7:27 am
I am sure, fsc or boj know about keen exchange but it may be grouped under IMOs because of the small volume of money being moved
Peace
Patricia said,
December 12, 2007 at 7:41 am
DH, trust me, they know about each and everyone…..but really,… what can they do??
DR said,
December 12, 2007 at 8:44 am
Folks, I was at Terra Nova when Mr Wynter, Head of FSC, said that they know of 24 clubs but he was only prepared to name 19, including Olint, LewFam and Cash+ who are in court at this time. He even went on to state that they feel that there are at least 30 clubs in Jamaica.
Don’t be fooled – - once you write a cheque from your bank in the name of a club, a list is passed on. Besides when you go back to the bank with your returns, notes are made and sent off to (maybe) BOJ, FSC, and TAD…ha ha
TAD = Tax Administration
Plus it is also obvious to the bank that your bank account is swelling, and that you are paying off your credit card, refusing to take any loans, CONSTANTLY DEPOSITING MONEY more than your salary…..ha ha
The banks know where your work, they can find out what your salary scale is …. think, think.
Bill, Michael, Hylton and your boss do drink at the same bar.
We eat at KFC and Island Grill, They eat “up-scale”.
Patricia said,
December 12, 2007 at 8:45 am
Persons have been asking for referrl to chfx…however I am unable to directly refer anyone, but my understanding is that others who have carefully read all the posts from the slow moving powerful tips page through to this one, have through the BLOG found a referral..it may not work for evryone…just dont make up a dummy referral. This BLOG is more than a info sharing forum, it’s “name” maybe helpful otherwise…cant say it any plainer than that.
DB said,
December 12, 2007 at 9:42 am
Patricia (#808) – Thanks for sharing that piece of information.
Enlightened said,
December 12, 2007 at 12:10 pm
Patricia,
In 1989 we were growing at 6% and now we are lucky to get 1.4%… Worst in the hemisphere!
That shows the product of poor management of the economy and poor governance. That article should have also mentioned that we have almost a trillion dollars of debt and nothing to show for it… not even the roads (people should remember that the highways were paid for by bouygues and govt’ stood as security)…
Good news Olga has weakened and is begining to destablised.
Patricia said,
December 12, 2007 at 12:38 pm
Many of us are really hoping C+ pulls through whatever ails them at this time, but top notch customerservice and PR is critical now…Whilst I’m working Perkins in background, heard Jean Paul from Independent Talk..think he’s the producer.. came on to say that the station has been trying to contact C+ since this morning at their #s. Phone rings is answered, he’s put on hold, then eventually some one comes back, says hello, then hangs up. Apparently this is repeated a few times. They keep trying, but when #s not busy, they are answered and put on hold/disconnected.
JP was calling to get answers to ???ss pple have about delays in payments and other issues…NOW this cannot by any stretch of the imagination, regardless of how you spin it, look good.
Already folks abroad are frustrated about the lack of info/responsivenss, and the rumours continue….this only lends fodder to the banks and others opposed to C+, and other clubs whom they conveniently lump in the same boat.
Antsman said,
December 12, 2007 at 2:37 pm
#802 F1 claims that Olint trades for them, called them seems very nivce ppl dont know anyone who invested with them though…
Enlightened said,
December 12, 2007 at 2:57 pm
Well Pat i guess you heard the well deserving response that cash plus make on perkins???….
oh well dont worry if you missed it so did everyone else because it didnt happen
Good customer service can make or break a company and in times of crisis you need good customer service and this was the begining of C+’s problem, they dont communicate with their customers effectively.
So here is the latest.
1) Island life office is now for the first time in recent history empty … no new deposits.
2) The post dated cheques that people got are all bouncing and when you go back there they tell you that no principal disbursements will be made till Jan 2, 2008
3) The people that wrote their names on the list and who were to be call on 10-12-07 re their monthly payments are still waiting on the call and are unable to get through to the office.
Anyone out there with a better or different experience please let us know.
MADMAG said,
December 12, 2007 at 3:32 pm
I heard they have been calling in persons to collect their Visa card. Anyone got such a call?
JK said,
December 12, 2007 at 3:42 pm
cashplus …..cashless
nick said,
December 12, 2007 at 4:02 pm
I called the customer care and everytime i called they answer the phone promtly and answer all my questions. Those that they cant answer they refer to a someone higher in authority and i get answers. Though some of my question i was not fully satisfy with the answers but i do get good service from the call centre and i know alot of people that does also. I think the banks intervention did disrupt the operations of cash plus, but i dont think they broke as what some of us might think. people been getting calls and been getting some issues address and accounts are being updated, i dont know if thats as a result of the bulk of clients they have to deal with. I dont have any inside link, just my personal opinions. I also think the company is trying to have minimal information out to the wider public to avoid issues with the media and detractors. So i suggest we hold the faith until january and see what happen and do whats in our best interest.
Peace
Mr. C said,
December 12, 2007 at 4:10 pm
A friend of mine who was at the meeting last Saturday was told that she would be called to come into their office for a meeting (i think they are meeting with 20 persons at a time). Well she called today to say that they did call and she will be meeting with them later this week. She also told me that if i have any questions i should tell her and she would ask them as well. That being said does anyone here have a burning question to ask, i would pass it one.
ensley said,
December 12, 2007 at 4:23 pm
it is now 4:20 pm
i have been ringing HW four lines from 7:30 this morning
I just got through to a representative she told me that they have no money as the banks are holding on to everything
so you cant even go to the office and collect as the bank is not releasing any money.
Is that possible??
she says i should cross my fingers and hopefully i will get it before christmas
nick said,
December 12, 2007 at 4:28 pm
@ Mr. C
I heard about that.
Tell her to ask them about the $100,000 turn into $2 billion in five years compounded interest. Also ask them about major plans and acquisitions for 2008. Also ask them about how well all the company in the group is doing and how can members support these companies. Ask them about plans for megafone since my phone new owner dont want no partners.
Thats all for now
Thanks
radish said,
December 12, 2007 at 4:31 pm
Gentle people,
For your information, Cash Plus has a call centre where you can get your questions answered promptly- 876-620-4506.
The regular offices are dealing with the various issues of getting lists ready to make calls to investors, so it is useless calling the office numbers.
Hope this helps.
Mr. C said,
December 12, 2007 at 4:44 pm
Nick I gave her the questions.
MoneyChimp said,
December 12, 2007 at 5:22 pm
Pathetic!
MoneyChimp said,
December 12, 2007 at 5:25 pm
There is a fine line between investors and opportunists. Alot of us here call ourselves investors but all you do is biatch about not getting your money. You see what’s been happening in the financial district as it relates to these HYIPs. Give them an opportunity to redeem themselves. C’mon people. Please!
re said,
December 12, 2007 at 5:51 pm
MoneyChimp,have you heard of the saying, throw stone in a pig pen and the only one that squeels is the one that the stone hits? waite until you get hit by the stone !!!!!
MoneyChimp said,
December 12, 2007 at 5:58 pm
I have nothing to loose re. unlike most here, i trade in the Forex market and i have sustain huge losses. What makes you think loosing a few thousands in these clubs will hurt me
MoneyChimp said,
December 12, 2007 at 6:05 pm
In life there are the weak and the strong and i’m by no means weak. I have been telling you people for the longest time that no-one can invest your money better than you can. MTI offers an exceptional education package on forex but we as the poorer class would much rather follow than lead. That is what separates the Rich from the Poor. Do you expect me to be sorry for someone else’s greed which led them down the wrong path. MTI education package is $6000.00 now if i’m ready correctly most of us have way more than $6000.00 invested. Another man’s losses is my gain. It’s sad but it’s the truth. that’s how it is on wall street my friend.
MoneyChimp said,
December 12, 2007 at 6:10 pm
Come check out the this live demonstration on MTI tonight. They call live trades in these webinars.https://forextips.webex.com/mw0302l/mywebex/default.do?siteurl=forextips
MoneyChimp said,
December 12, 2007 at 6:16 pm
I’m sorry, That was the platform walk through. This is the link for tomorow’s webinar, in this they call live trades. https://markettraders.webex.com/mw0305l/mywebex/default.do?siteurl=markettraders
OD said,
December 12, 2007 at 7:08 pm
To all Higgins Warner People – I finally got through to their office today after trying for many days. I was told the following:
1. They are having proplems with their banks. Sounds similar to CP
2. It is difficult to get through on their lines because everybody is calling
3. The gentleman who manages the office in Montego Bay is overseas. What he is doing is in our interest. I dont want to say it out on this blog. Read between the lines. Some time ago on another page other bloggers had suggested doing this themselves in order to circumvent the locals. If they are speaking the truth then all should be well, hopefully, soon.
Vela Invest said,
December 12, 2007 at 7:46 pm
Spoke to someone at F1 and they said they are taking new member, just not from the US. Is anyone investing with F1? I would like here some feedback. Can anyone help?
Atasha said,
December 12, 2007 at 10:37 pm
Thanks Antsman
I actually called them today and was told that the gold plan was traded through Olint and they take 2% off the top of Olint’s rate. The platinum plan she was not at liberty to say who the traders were. But she did say that the company was not affiliated with DS except for Olint being the trader for the gold plan.
DG said,
December 13, 2007 at 8:44 am
Regarding C+
I went to the New Kgn office yesterday to collect a revised contract and enquire about the consideration. I was told that my December payment will be paid on time, but the November payment (which I have not yet received) will be paid in January.
Regarding the visa/remittance system – the rep was unable to comment on that apart from saying that it was being sorted out. Perhaps if I go to the Premier Plaza Office, I may get more concrete information.
chris J. said,
December 13, 2007 at 9:28 am
Someone asked about Keene Exchange….yes I know of them and from what I’ve learned they are reliable and solid rates (20% most months ). A friend of mine has been with them since August and I recall that he said one month was a little below 20%. I am with HW and have had no problems getting my monthly funds. (a few hiccups though…..I was told as a result of the whole fiasco created by the banks).
VMS said,
December 13, 2007 at 9:38 am
People who have invested with HW please ask him or whoever else is incharge, which banks are holding their Monies..Didn’t Scotia and NCB declare that they didn’t have any accounts or them? oh Well, maybe its some other banks…
Bwoy Patricia, i wish i could answer the question, Why Argentina? But i can’t i was surprise at the fact that he went their…and how i heard he was their is because he called an ex employee begging some money to bail him out of jail not sure if he was in jail or lying… I do know for sure that since he started making money he has made attemts to repay some person’s who he owed in jamaica..
Enlightened said,
December 13, 2007 at 9:50 am
Just a bit of information about the whole HW bank issue:
The banks cannot comment on Cash Plus and Olint because they are clients of the bank and as such the bank could be held liable for breach of fiduciary duty.
Where there is such a breach the client would have the legal authority to sue the bank for damages real or percived and there is no limit to the amout that the claimant could apply for. ie. If HW had millions in the bank and he sued them he could legally ask for 100’s of millions.
Secondly banks need a court order to “hold on to your money” which is separate and apart from refusing to disburse on uncleared funds (overdraft facility).
Clearly when the bank says in public print that they are not the bankers for HW they are not the ones lying, their legal team knows better.
So in short… the whole banking delay the C+ experienced is just now a band wagon for HW to jump on.
People as i have said before please be careful.
VMS said,
December 13, 2007 at 9:56 am
About C+ .I was told by managment the cards will start being Issued this week or next week all being well.. However, I am very disappointed that C+ has not been making any attempt in restoring the public’s trust.. I keep saying to them that all this negative press and people being on their side just shows how willing and able the jamaican people are in support of them. i personally feel that the people will get fedup after a while and i know C+ can’t affod that backlash.. I am having another meeting today so lets see if they listen to me..
Patricia said,
December 13, 2007 at 10:09 am
This HW soap opera keeps getting worse..I hope like Sharonette, others in HW, and folks generally have a Plan B (CDEFG, if necessary).
Its worth repeating…do your research, listen, read, diversify, and only risk what you can afford to lose….AND for all those who have their heads buried in the sand PULL IT OUT!!(and no, THE SKY IS NOT FALLING!!!)
Enlightened said,
December 13, 2007 at 10:35 am
This has nothing to do with money but i think its just a clear example of things going too far and what money should not fund thought that it might be of interest:
http://news.yahoo.com/s/afp/20071212/sc_afp/healthscienceskoreacloning
DR said,
December 13, 2007 at 1:06 pm
I do believe that if someone has a bad history especially as it relates to money, then we should stay far: but then again people can change for the better: Jesus did wash sins away – - -
The Question is, Has those “two” gentlemen changed for the better? Or are they still doing “shady things”. We hope and pray for the best.
DR said,
December 13, 2007 at 1:15 pm
Has anyone been paid by minvestment? If I am remembering correctly 150days should have been gone for some people already.
re said,
December 13, 2007 at 1:33 pm
I would like to know if 150 days is the min. time one can invest in minvestment ? I went on the website and saw a calculator that works out a min. of 5 days.please let me know if we have a choice with that investment.
JM said,
December 13, 2007 at 2:08 pm
RE,
Only the principal has to be locked in for 150 days not the interest, that is optional.
http://www.minvestment.com/?r=juds16
re said,
December 13, 2007 at 2:25 pm
THANKS –JM
Patricia said,
December 13, 2007 at 2:56 pm
For those who want to have ready access to their own account and stop kotching….I suggest you take a trip to TCI. Let just say you’re going on vacation to Beaches TCI, for eg, And while you’re strolling around Providenciales, you just say come across a “known entity”,like a superstar sponsor, you know what I mean, And you feel curious, you could go in and get some real profitable info.
Hey!! you might even run into MayDaisy
nick said,
December 13, 2007 at 3:58 pm
People have been getting interest from cash plus, maybe not as fast as we would like but atleast we see some good signs. check link below
http://cashplusinvestment.com/comments/comment-page-86/#comments
ensley said,
December 13, 2007 at 4:10 pm
Patricia
is what you take people for??
claffy?
can you stop talking in veiled tones
my email is smith08us@yahoo.com
please come strait with the information about
olint and may daisy that yu have
BlueBird said,
December 13, 2007 at 4:16 pm
Yeah P, what you really a talk ’bout? Sorry I mi need stronger classes …LOL.
BlueBird said,
December 13, 2007 at 4:19 pm
See what a mean…that should have read…sorry mi need stronger glasses…
DH said,
December 13, 2007 at 4:33 pm
Pat, Re#844 Could Please Send me a email explaining the detail of your information.
thanks
DH said,
December 13, 2007 at 4:34 pm
Sorry email: daneal95@hotmail.com
Rich D. said,
December 13, 2007 at 4:41 pm
RETARD.
Patricia said,
December 13, 2007 at 5:20 pm
BlueBird what’s your email?
DG said,
December 13, 2007 at 5:43 pm
Greetings Sister Pat – could you sen’ on some of that superstar sponsor info please: comsciteach@yahoo.com
Ian said,
December 13, 2007 at 6:12 pm
Can I get the info too Pat, Re#844? My email is sampl3@yahoo.com
re said,
December 13, 2007 at 6:57 pm
Hi Pat can you send the info for me too,please ?
email address is ; geomar24@hotmail.com
Joe Joe said,
December 13, 2007 at 7:03 pm
Sister P could you forward that info to me please. Techlinks1@gmail.com
Patricia said,
December 13, 2007 at 7:16 pm
Seasons Greetings to one and all…am off for the rest of the year…..wishing you all Peace and Prosperity.
P.
Vela Invest said,
December 13, 2007 at 8:25 pm
Lady PATRICIA , hook a brother up with that info. Remember it’s the season of giving
#844 
velainvest@hotmail.com
Chick a Dee said,
December 13, 2007 at 8:42 pm
I do have thought of another route as I was kotching on an account at the said Superstar outfit and all of a sudden now its like extortion, the kotcher wants 2% of my interest monthly so I was forced to flee. Would really value any useful information as I get the sudden urge to be a tourist at TCI.
Chick a Dee said,
December 13, 2007 at 9:08 pm
Sorry, my e-mail address is chickadee1@hotmail.com for the info . I have gotten my interest from Cash Plus, but they have to act quickly before Christmas to pay interest as people will be very disappointed and might lose faith
ann said,
December 13, 2007 at 9:12 pm
Chick a Dee how did you get your interest? by remittance or cheque
Chick a Dee said,
December 13, 2007 at 9:17 pm
My email address is chickadee1@hotmail.com for the info
Chick a Dee said,
December 13, 2007 at 9:22 pm
I was rolling over the interest monthly. I had no issues with honesty. At first they told me I just needed to pay a flat fee of $ 100.00 which I thought was reasonable and then now it is being increased from 1-2% off the interest paid monthly.. I did not get into this high risk business to make others rich off my ass. I have no fear for the Outfit itself but the middle men are now so greedy. I suppose its the old demand and supply at work.
Paige said,
December 13, 2007 at 10:00 pm
Well Patricia I want to jump on the bandwagon too and I want to hear what you are talking about? send info to pattypage73@aol.com
Ensley what is a claffy? LOL. sounds really funny.
Chick a Dee said,
December 13, 2007 at 10:15 pm
To Ann
oh at Cash Plus!!. The interest was by cheque and I went to my bank NCB and it was cleared immediately. I told them I needed it to be cleared ASAP as it was from bank to bank. This was about two weeks ago
AW said,
December 13, 2007 at 11:22 pm
Ms. Pat
winter in the TCI sounds so goo – please send directions and info Virgo_177@yahoo.com
ladybug said,
December 14, 2007 at 1:11 am
appreciate the ww link, still waiting on info for may daisy….anyone
MR SKEPTIC said,
December 14, 2007 at 1:45 am
Pat (aka vacation planner), Re#844 I was working on a similar vacation to TCI, so Id appreciate it if you gave me some details of your vacation plan.
karlkan_i@yahoo.com
thanks
DR said,
December 14, 2007 at 5:23 am
Patricia….I have already made my reservations for TCI – - I did it about two weeks ago…. It’s the way to go…. I think you can even fly straight from Jamaica to there now….I was reading in the newspaper that Air Turks was coming to JA.
Outside of that, you can get to Turks through Miami. I am not sure though That “superstar sponsor” is taking clients from Jamaica in TCI. If that is true then I WILL join when I get there next year.
(hint: other exclusive clubs might very well be there already….oops)
DR said,
December 14, 2007 at 5:25 am
TCI, Panama, or BVI seems to be the places to do vacations now. We can use one stone to kill two birds.
I think there is a First Caribbean or NCB in Turks…but who says that they won’t feed the branch in Jamaica with information…..hmmmm
DH said,
December 14, 2007 at 6:42 am
The bank of turks are guided by the laws of the land see http://www.assetprotectionbook.com/turks_caicos.htm
specs said,
December 14, 2007 at 8:55 am
patricia could you send me that info my email address is specs_357@yahoo.com.
tci suddenly seems to be a good place to start the new year. i had planned to visit hamilton ( canada) but the sun seems to be shining brighter in tci
BlueBird said,
December 14, 2007 at 9:29 am
Hey Patricia..sorry for just getting back to you…my email is bird68@hotmail.com. Thank in andvance.
re said,
December 14, 2007 at 9:47 am
one blogger from another wbsite said that a 3 union(which is not paying now) and minvestment has the same bank account numbers. For those thinking of it you need to check that part out before going in.
Higgins people, we are real quiet now !!! I know the feeling!!! although some claim to be getting their interest, some of us are getting a hard hit.Did you however notice that we are hearing two stories? The president said everything is coming from Dubai within the next ten business days and the manager of Montego Bay’s office said he is elsewhere opening accounts (not Dubai)and everone will be taken care of by next Friday.Let us pray, cross fingers, hope ,what ever it takes to hope that this is it.all the best.
wl said,
December 14, 2007 at 10:34 am
Hey pat can you send me some vaccation information too:
wulf.lone [ at ] gmail.com
Joe Joe said,
December 14, 2007 at 11:45 am
I am not sure if this was already posted but take a look. The premier of the Turks said plenty in so few words. I only hope that the leadership in Jamaica will one its eyes and realize that they will have to think out box ,if they intend to better the lives of its people.
For a country with so much sun why not invest in solar technology (thinking out the box)
http://www.jamaicaobserver.com/news/html/20071203T200000-0500_130017_OBS_OLINT_STARTS_FOUNDATION_WITH_US__M_TO_HELP_NEEDY_JAMAICANS_.asp
Joe Joe said,
December 14, 2007 at 11:46 am
Will open its eyes…..Sorry
Sharonette said,
December 14, 2007 at 12:03 pm
Hey Pat,
Does your being off for the rest of the year means you will be on leave from work or on leave from blogging?
Give me a link with the info. I just may have to fit it into my Plan C,D, or E….my email is shergambino@yahoo.com
Paige…we normally use claffy when we calling someone an idiot.
namekyoyo said,
December 14, 2007 at 1:16 pm
871 DH
That is a very informative link you posted thanks so much.
JSM said,
December 14, 2007 at 1:31 pm
GOOD DAY FELLOW INVESTORS:
I LISTED POST # 658 ON DECEMBER 7. CHECK THE JAMAICAN STOCK MARKET TODAY TO SEE WHAT GLEANER CLOSED AT. YES, IT CLOSED AT $3.50. FROM $2.85 TO $3.50. THAT WOULD HAVE BEEN 22% ON YOUR MONEY IN ONE WEEK.
TALK WITH YOU ALL LATER.
PS: O’WATCH DOG IS GOING TO SAY I AM NOT TO BE TRUSTED. AS I SAID BEFORE I WILL ONLY POST THINGS ON THE SITE TO HELP OTHERS TO MAKE MONEY. WE CAN ALL BE RICH.
Yardman said,
December 14, 2007 at 1:46 pm
Is there anyone out there who is familiar with Online Capital? This was forwarded to me earlier today, by a fellow Yardie who lives in Brussels. I am presently conducting an extensive due diligence, and will advise the group further.
http://www.online-capital.com/?lang=en
JSM said,
December 14, 2007 at 2:42 pm
POST # 881-YARDMAN: I did the calculations. I will say this if the numbers are true then we can all be rich. $1,000.00 US compounded in a fixed income account for one year gives you $683,993.00 US.
Ask your friend if he knows anyone in this. I would put in $1,000.00 next week. If it works I will meet you in JA. next year along with Andre, Patricia,DH,DR,VMS,Enlightened,AW, VelaInvest and the rest of the Gang and have a PRIVATE CELEBRATION. Oh I can’t forget my favourite person, O’WATCH DOG.
After your due dillegence please let me know. I am very CURIOUS.
Sharonette said,
December 14, 2007 at 3:09 pm
Joe Joe, someone is thinking out of the box
http://www.jamaicaobserver.com/magazines/Business/html/20071213T210000-0500_130357_OBS_BARBADOS__CHINA_LOOKING_AT_JOINT_SOLAR_VENTURE_.asp
Oneil said,
December 14, 2007 at 3:21 pm
Does anyone know when Olint is going back to court this month?????
Investment Tech said,
December 14, 2007 at 3:26 pm
Yardman etal
i have known about online capital for a year now, and like most hyip after the initial period getting your money seems to be a problem.
myself and a couple coworkers tried it. when it reached our principal we took the interest. they seem to take a very long time to give money back.
my accounct cant be accessed so i have forgotten about it since i already got my principal.
But other people have requested money for a couple months now and cant get it.
Do your research and let me know if they have improved.
Risk what you can loose as per usual.
JOE JOE said,
December 14, 2007 at 3:39 pm
Sharonette 883#
Dat mi a talk bout.
Oneil said,
December 14, 2007 at 5:05 pm
I have been with Olint for over 2 years. I must admitt i am very satisfied with the results, also I also am aware that I am in a risky investment. David seems to have good track record with the company he used to work with, appears to be a great trader.The truth of trading is no traders make consistent gains all year.I can honestly believe that what David pays us is any an average of his gains and losses over couples month within a given year. That is only way his business can be profitable.The truth is even if he was making 2% a month, it still would be more than the 5% less tax you get on your us$account.
BIG UP DAVID!!!!!!!!!!!!!!!!1
DR said,
December 14, 2007 at 6:05 pm
The Hon. David Smith!
JM said,
December 14, 2007 at 7:15 pm
Is World Wise paying on time? I will be signing up with them but would appreciate some feedback from existing members.
Thanks
bigson said,
December 14, 2007 at 8:14 pm
jm ww is the one to join man every thing good go far
Poor Risk Taker said,
December 14, 2007 at 9:23 pm
JM about WW
I think a lot of persons have locked in for the 6 months thats why ur not hearing much about them right now… i am an investor with them and i have done that too.. what i can tell u is that they update the online account they provide you with right on the mark.. so i am holding steady until about Feb…
JM said,
December 14, 2007 at 9:54 pm
Thanks # 890 and 891
specs said,
December 15, 2007 at 8:48 am
i was just informed that the entire management of c+ will be at the meeting this evening
Paige said,
December 15, 2007 at 12:14 pm
What do you guys think about First Carribbean Bank. They have internet banking and according to the website you can wire funds fom your FC account to your account abroad. any opinions out there
lw said,
December 15, 2007 at 2:01 pm
Paige, I have been check out FC. My question though how would you open an account at FC Cayman (assuming you are living in JA)? For FC, it seems as iff you would have to go there in person to first open the account.
Its interesting to note that if you open an account with FC Jamaica you would not be able to wire funds to other local (Jamaican) banks. (and also you wouldnt really have an “off-shore” account…assuming you are living in JA).
Paige said,
December 15, 2007 at 3:05 pm
IW
I’m not residing in Ja so I am not subject to the taxes of JA or the tax on the interest on funds banked at the Building Societies. But what I was wondering is if I open an account at FC Jamaica would that be then classified as offshore for the US or would I also have to look into T and C or Caymans
Paige said,
December 15, 2007 at 3:05 pm
I kind of like to put my money where I can get to it.
Skeem said,
December 15, 2007 at 5:26 pm
http://caymannewresident.com/page_id_8.html
VMS said,
December 15, 2007 at 9:49 pm
I send out all my support to all of you here who are worried about their investment is these clubs.. I hope all goes well and no one loses but as moneychimp says when you lose someone else gains so please understand first how these things work before you risk… thats why i recommended RICHEST MAN IN BABYLON not just for a good read but for practicing..Now, let me get back in trying to get cash plus to do some PR.
HD said,
December 15, 2007 at 9:51 pm
Guys, just a note to be very cautious when setting up your offshore account as it seems from all that I have read so far that there will always be a paper trail back to either your offshore bank account or your investments. That in addition to the fact that the burden of proof will be on you to prove or disprove what the tax man decides to assess you and that in this post 911 world they can almost without due process or proof accuse someone of money laundering, drug smuggling , or terrorist activities , setting up an offshore account if not done with extreme care and attention to details could lead to big trouble down the road.
HD said,
December 15, 2007 at 9:55 pm
I just started with f1 so not much to comment on as yet except that based on what I learned about who the main principals are and my experience setting up an account they are a well organized outfit and a very good group of people.
Vela Invest said,
December 15, 2007 at 10:38 pm
I tried to get in to F1 but they tell me “no new members from the US at this time” and just to keep checking the website for details, but your right HD they do seem very organized. Anyone know why no members from the US?
Chick a Dee said,
December 15, 2007 at 10:56 pm
Does any one knows what transpired at the meeting at Cash Plus today,? I am hungry for any details. How are things progressing? Are the cards ready yet.? I see the FSC has start up again on them. Hard times!!!!
Dee said,
December 15, 2007 at 11:55 pm
hi
Dee said,
December 15, 2007 at 11:57 pm
good nite
Dee said,
December 15, 2007 at 11:59 pm
hyipdiscussion.com/minivestment
Dee said,
December 16, 2007 at 12:00 am
check this site – hyipdiscussion.com/minvestment
JM said,
December 16, 2007 at 12:21 am
Minvestment, so far so good, give it a try
http://www.minvestment.com/?r=juds16
DR said,
December 16, 2007 at 6:08 am
Yes they are really trying hard to crush Carlos and C+: wow… I feel it for him…he now has to produce balance sheets etc….(which he had promised he would have done on his own from November)…
I hope he will come through with flying colors. This is a rough time for C+.
Kemi said,
December 16, 2007 at 10:35 am
Hi Pat
Drop me some info on the holiday trip too
kemiree@hotmail.co.uk
JM said,
December 16, 2007 at 11:36 am
Ms Patricia,
can you email me the details of the trip??
juds1456@hotmail.com
Larry said,
December 16, 2007 at 12:46 pm
Hi Pat, Planning a trip to TCI very soon. Can you suggest some things to do and people to see. My email is yardiabroad@gmail.com Thanks.
Skeem said,
December 16, 2007 at 1:59 pm
FSC says Cash Plus must show accounts by Decermber 20 – Regulator wants full details on assets and liabilities
http://www.jamaica-gleaner.com/gleaner/20071216/business/business1.html
JM said,
December 16, 2007 at 3:13 pm
Anyone know the minimum amount you have to invest in Capital Hill FX?
Thanks
Vela Invest said,
December 16, 2007 at 4:25 pm
Hey JM I cut and paste this right the CHFX website, hope this helps.
What is minimum amount I can invest?
The minimum amount has been reduced to USD 150,000, most of our Club Members are also managing funds for others so we tend to not accept contributions too small, but special arrangements can be made based on evaluation of individual situations. Please note that residents of some countries are exempt from entering the club with deposits lower than USD500K so as to protect our Club Members who are Managing funds in the region.
Skeem said,
December 16, 2007 at 4:36 pm
http://www.caymannetnews.com/news-4046–5-5–.html
Poor Risk Taker said,
December 16, 2007 at 6:57 pm
Yes Skeem gwaan big up my employers.. they been going on real fine all year
Oneil said,
December 16, 2007 at 8:16 pm
Poor risk taker, your employer service sucks, i soon move my account, worse like how dem close olint account, fire fi dem!!!
NM said,
December 16, 2007 at 11:46 pm
check out some other investments online http://hyipinvestment.com
NM said,
December 16, 2007 at 11:47 pm
check out http://www.hyipinvestment.com/?gclid=CLHvqLLjrZACFQlnsgod45QDaw
Poor Risk Taker said,
December 17, 2007 at 3:35 am
sorry to hear that oneil.. whats your problem with the service, maybe i can help…
Enlightened said,
December 17, 2007 at 11:18 am
Hey,
Does any one here know anyone that has received the cash plus debit card?
Im guessing that they did’nt make the December 1 date but 16 days later and still no word?
Also there has been no word on the financial statements that were suppse to come out at the end of November or latest 1st week in December.
Do they realise that this smacks of a lack of credibility in an already tense situation… They should be the one’s ensuring that they do everything right so that the FSC doesnt have a leg to stand on.
Enlightened said,
December 17, 2007 at 12:13 pm
Cashplus and NCB are back in court today in relation to the closing of their accounts ….
I guess by later we will know how that goes as the extention of their injunction ends today…
wish them all the best.
TB said,
December 17, 2007 at 12:38 pm
http://www.minvestment.com/?r=jettt
Check it out!
VMS said,
December 17, 2007 at 2:29 pm
HAPPY HOLIDAYS TO YOU ALL !!!!!!!!!!!!!!!!!!!!!!!!! I HOPE WHEN ALL OF YOUR END OF YEAR STATEMENTS ARE COMPLETED YOU ALL END UP WITH LARGE PROFITS… GOOD LUCK AND KEEP ON INVESTING WISELY…IT HAS BEEN A WONDERFUL YEAR AND ALL OF YOU HERE HAVE CONTRIBUTED TO SOME EXCELLENT CONVERSATION AND I AM LOOKING FORWARD TO 2008..
re said,
December 17, 2007 at 2:29 pm
Can any one say they got back their principal from minvestment?
DR said,
December 17, 2007 at 4:51 pm
I visited C+ hotel in Ocho Rios last night,,,, Its called the Executive Inn….quite decent, I must say and the restaurant “Carlitos Cafe”… I even had a detailed look at the security guards…. of course the security company is owned by C+ too…. interesting….. Had a drink at their bar…..hmm delicious….
Anonymous said,
December 17, 2007 at 4:53 pm
“Greetings and blessings to you and your loved ones for the coming season. We thank you for your support and prayers during
2007 and wish for us all a prosperous New Year. Our business operations are now closed for the Christmas holidays as of
December 15, 2007. This means that we will not be accepting any new placements, however, payout requests already received
will be processed and disbursed during the course of the week. Please note: do not send any placements during the holiday,
by either by cheque or wire, as we will not receive same. Our bank has been instructed not to receive any wires, and our bearers
will not be available. Thank you for your cooperation. We will resume with payouts on January 7, 2008, and full business will
resume on the 15th of January, 2008. Please bear with us as we take the opportunity to improve our service to you. Season
Blessings, MayDaisy Customer Care.”
DR said,
December 17, 2007 at 4:54 pm
Did you all see todays Jamaica Observer…. The list of the top 50most influential men in Jamaica….of course it included “DAVID SMITH”…..wow drumroll.
And if you are asking: yes::::. Bill and Micheal were included too….
Thumbs up to you all in Olint…..
DR said,
December 17, 2007 at 4:57 pm
#929 Mr Anonymous….. Please do NOT post information that relates to a club in the public like that. Please….. That information is for club members….
This goes for all clubs….
You are forgiven already.
Investment Tech said,
December 17, 2007 at 6:24 pm
# 929
Could you keep information that is not for the general public confidential. members already know this information. DO NOT DO IT AGAIN!!
DW said,
December 17, 2007 at 7:48 pm
#929 Lets not get over ZEALOUS.
DR said,
December 18, 2007 at 6:03 am
I just heard last night, that Olint TCI is for residents of TCI…in other words, my vacation next year does not make “business” sense.
I CAN’T get in…because I live in Jamaica…..WHAT!
HD said,
December 18, 2007 at 8:49 am
DR….why don’t you become a resident of TCI…shouldn’t be too difficult….read between the lines.
Chick a Dee said,
December 18, 2007 at 9:09 am
What about US residents would they be eligible to join?
Cleon said,
December 18, 2007 at 11:51 am
I wonder what is happening re C+ , Higgins…everything seem to be at a stan-still right now….nat a thing happening, Hope many persons werent looking to these to ensure they have a bright Christmas, because it will certainly be a dark one..
Anyone care to shed some light….
JM said,
December 18, 2007 at 12:01 pm
Can someone give me a referral to May Daisy
juds1456@hotmail.com
Thanks
TB said,
December 18, 2007 at 1:00 pm
http://www.minvestment.com/?r=jettt
check it out!
If you want to make some money.
Junior said,
December 18, 2007 at 1:43 pm
TB, have you gotten back any money “in hand” from minvestments?
TB said,
December 18, 2007 at 2:03 pm
I have withdrawn my interest payments to e-gold and e-bullion
Charlibabe said,
December 18, 2007 at 2:22 pm
#936 Cleon.
Got a call from Cash plus this morning, NO PAYMENTS will be made for the remainder of the year..all payout will commence in January.
So those like myself who are still waitin on November/December payouts.. nada.. nothing… So it’s a dark Christmas indeed no extra cash to spend!!!!!!
Guess they have to keep whatever cash they do have left to pay their lawyers for their many court cases………………
NM said,
December 18, 2007 at 5:39 pm
#940 – TB, when did you join minvestment? you are promoting it alot. Does it really, really work, because it’s too good to be sure
DR said,
December 18, 2007 at 6:44 pm
#935 HD…ha ha ,.,I am reading between the lines….
Hey you all remember along time ago…I told you all, we that we have Olint Jazz Festival, Cash Plus Football…and who knows…maybe Worldwise beauty contest…..well nobody responded to my worldwise comments… I wonder why?
Anyway Zahra Redwood is on the 2008 Worldwise Calender…Does this mean that they have bought out Kingsley Cooper Miss Universe?……keep watching…..(Pulse you are next)…ha h a ha
I will continue to give you the news before it reaches the papers…
We are steeping up…people…. David Smith was listed as one of the top 50 most influential men in Jamaica…..THUMBS UP!
DR said,
December 18, 2007 at 6:45 pm
IS Minvestment for real….Has anyone gotten back LARGE money after 150days…?
Jcan said,
December 18, 2007 at 8:11 pm
2008 will be starting on a positive note for WB investors! No more managerial fees…so whatever “O” declares, investors will receive same.
AD' said,
December 18, 2007 at 8:16 pm
Hello Dr. where can i see that article on David Smith.
I visited the observer.com but i found nothing.
Cheers and all the best into 2008************
Enlightened said,
December 18, 2007 at 8:38 pm
AD’
The article mentioned before was a part of a supplemental, yesterday so you have to actually get the paper.
AD' said,
December 18, 2007 at 8:43 pm
Ok thanks Enlightened.
Marsha said,
December 18, 2007 at 11:27 pm
Patricia,
Can you send me the information on the TCI vacation? Thanks in advance.
“MERRY CHRISTMAS AND A PROSPEROUS AND PRODUCTIVE 2008″ TO EVERYONE!!
Marsha said,
December 18, 2007 at 11:28 pm
Patricia…..my email is maxhug920@yahoo.com
DR said,
December 19, 2007 at 6:03 am
yes AD, you would have to get the phsical paper to see it…You will be proud whether or not you are a member of “O”. He has opened a way for all the rest.
huggies_rash said,
December 19, 2007 at 11:35 am
anyone experiencing difficulty with the jamaican banks not wanting to allow wiring or acceptance of money from lewfam. here is a bank that does. Its offshore and it will give you a debit card etc.
http://www.offshore.hsbc.com/1/2/international/current-accounts/offshore-bank-account
huggies_rash said,
December 19, 2007 at 11:49 am
people are fooling themselves olint, lewfam and the other forex club are doing forex trading. I do not know what cashplus is doing cause it look like straight up pyramid scheme.
How can cashplus gurantee 20% return each month. No investment is guarantee. Even olint , lewfam etc says that you can lose up to 20 to 50% in the trading market. Then how come cashplus a guarantee 20%.
People beware of cashplus.
FuzzyOriginal said,
December 19, 2007 at 1:44 pm
I thank each and everyone on the blog who have kept me informed and current on what is happening on a daily basis. It is only by being each other’s keeper that we can all succeed. I thank you again and keep up the good work. If I do not read this daily I feel lost.
Those of you who have dropped off for whatever reasons. All is forgiven. Hopefully, I can buy a rounds at Jazz Fest.
Juliet said,
December 19, 2007 at 1:44 pm
Can anyone give me more info on Minvestment. I already check the site out. I went ahead and create the boullion account.
How can one get the money to minvestment otherwise from using boullion. also in what form will you be receiving your interest payment. Anyone who is already in please contact me :
Juliet.Fray@gmail.com
JM said,
December 19, 2007 at 2:17 pm
Juliet,
ebullion,egold etc are the only ways you can fund or get money out of minvestment. Once the funds become available through interest, referral etc, you just transfer it to your ebullion account for withdrawl. It takes only a few minutes for funds to be transfered. I have received payments fast and easy never a problem.
here is my referral link
http://www.minvestment.com/?r=juds16
Cleon said,
December 19, 2007 at 2:18 pm
Charlibabe #941
Many Thanks, I hope u will be in high spirit thru-out the christmas period even tho nuh money nuh run….
All the best…
G-Man said,
December 19, 2007 at 2:22 pm
Greetings everyone
I have a quick question. How does one fund an E-Gold account and how are funds retrieved from it ?
ensley said,
December 19, 2007 at 2:58 pm
DR i didn’t get yesterdays observer
could you shed some light??
DR said,
December 19, 2007 at 3:35 pm
#960 Ensley
Monday’s Jamaica Observer printed a list of the 50 most influential men in Jamaica: David Smith’s name and photo was included. You will not find it online as it was a special pull-out. You would have to get the paper itself.
ensley said,
December 19, 2007 at 4:25 pm
ok DR,
so when will other jamaicans be able to sign up with the Big O?
Re said,
December 19, 2007 at 4:58 pm
I really hope that by this someone has gotten back their principal from minvestment,it has been a while.Will someone let us know ?
DR said,
December 19, 2007 at 5:47 pm
Ensley, we hopefully should be able to join “O” after the case is over, whether David wins or lose.
The case is not about “O” being legal or illegal: It is about whether he should be registered with FSC or not….
Fancy D said,
December 19, 2007 at 10:16 pm
Anyone know what the real deal is with HIGGINS WARNER? I am getting ready to invest with them but I was doing some research first. Are they paying on time? I spoke to someone in their office in Argentina and they informed me that they were having difficulties NOT from lack of funds but because the banks werent honoring their transaction. What is the REAL deal HW peeps. Speak up!!! We need to have each others back here.
deuce said,
December 19, 2007 at 10:42 pm
This should make interesting reading http://www.jamaicaobserver.com/magazines/Business/html/
20071215T150000-0500_130436_OBS_RISK__REGULATION_AND_INDIVIDUAL_CHOICE.asp
ensley said,
December 19, 2007 at 11:48 pm
Fancy,
i dont know what the real deal is
all i know i not getting paid
you might want to hold on to yur
money just to see huw things pan out
Oneil said,
December 20, 2007 at 12:22 am
Can anyone informed person please tell me when the Court verdict will be made public re Olint vs FSC
Oneil said,
December 20, 2007 at 12:24 am
967 replace anyone with any….hehe
Chick a Dee said,
December 20, 2007 at 12:29 am
I too , would advise you to hold on to your investment. I have heard bad vibes myself. Difficulty in getting people on the phone and conflicting stories. There are other investments around. Do your research very diligently. Remember in this line of investment ” let the Buyer beware”. Nuff said.
FOUND THIS! said,
December 20, 2007 at 2:03 am
went to cash plus today, when i reached the building in halfway tree, I saw two lines with about 40 to 60 people on each side, according to the vibes from the crowd, its business as usual, new business, adding to exciting account, checking on accounts and those who taking out money, need it for holiday shopping. Everyone knows that its the bank that disrupted business.
. I didnt get to check on my business with cash plus, instead I spent the day with a cash plus member who was a BIG BANK manager, not for one bank but for all the branches.
This person word is good as gold.
I met three prominent cash plus members who heavily invested millions of $, confirmed that cash plus will win the court case. Cash plus is not breaking any law, ….
FSC: If you are smoking weed, and the police told you that you are breaking the law, one year pasted and he keep telling you that you are breaking the law, three year passed and you still breaking the law, 6 years passed and you breaking the law and stile smoking weed, If you were doing something wrong and really breaking the law, the police would have given you a ticket the first year and send you to prison. This is enough to say that cash plus is not breaking any law.
NBC: they talk about they have to know their customers. Before cash plus open a bank account, they would have to bring in a few reference. I would suspect that this was done before any account could be open.
The first account is established, second, third, fourth, fifth, sixth…why didnt NCB stop at this point and ask cash plus where they getting money to buy all those properties, Instead they open additional account for cash plus brining the total to 26 accounts with NCB; Now why is it that NCB now wanting to closed cash plus account after all these years of business.
The answer is clear; it is nearing Christmas and poor people is looking forward to their disbursement, so what better time to encourage a run on Cash Plus.
FOUND THIS! said,
December 20, 2007 at 2:04 am
What if Cash Plus should demand from NCB on the spot, all its deposits in its account in cash? NCB wouldnt be able to find even a billion to supply to cash plus, additionally they would have to count this money which would take time. Wouldnt this cause a possible run on NCB?
Cash Plus through its legal representatives should visit the Fair Trading Act to see if there is any remedy for the united action of the banks. Also to sue NCB for inconveniencing its lenders and it self.
FOUND THIS! said,
December 20, 2007 at 2:05 am
I have more info from the retired bank manager, all good news..but i’m tired now….Cash Plus is big and strong, not going anywhere and they going to win the court case…the only thing i’m worring about is where the FSC going to get money to pay Cash Plus and Olint on the problem they cause when the FSC dont even own the building they in.
The banks will have to pay as well, three, four banks cant agree come together and agree on any changes that affect the public or come together to close a company account.
Fancy D said,
December 20, 2007 at 6:48 am
HIGGINS WARNER peeps… funny thing is I have NO PROBLEM getting them on the phone, even spoke to the MAN himself a few times. But I think I am going to wait to BITE that bullet so to speak. Any other investments out there aside from LEWFAM, WW. and CASH PLUS. I head something about something on WAll Street. TEll me more. Where should I put my money these days.
mrs C said,
December 20, 2007 at 7:16 am
973 there is an investment company in kingston called pelican holdings they have strong ties to ww but you have to start with a minmun us2000 and the interest is between 12% to 15% per month. there accounts are off shore so they dont have any problems paying.
POSITIVE said,
December 20, 2007 at 8:38 am
I got my payment from HW. As a matter of fact, I was paid up for November and December. I just thought I would share some good ,not only the bad.
ann said,
December 20, 2007 at 8:44 am
i wish i could say the same positive
ensley said,
December 20, 2007 at 8:52 am
msr C could you furnish me with more
details on pelican holdings?
are they affiliated with JN?
do you have a number for them?
BlueBird said,
December 20, 2007 at 9:37 am
Found This,
…thanks for the inside scoop…I am not in C+…but you have some good points (it is all very shady that they are coming down so hard on them after all these years) and the opinion of the Bank Manager is also useful…thanks. I would say to EVERYONE in C+…ride it out and stick with C+ even if things look bad right now. That is what I would do…a lot more positive has come because of them…and I think much more positive will come.
Happy Holidays to ALL. Thank you everyone and all the BEST for 2008!
JOE JOE said,
December 20, 2007 at 9:44 am
POSITIVE 975
Can you say how and when you were paid.
Thanks
Cleon said,
December 20, 2007 at 9:49 am
Positve # 975
I am finding it hard to believe that u got paid up to December when alot of us still havent receive Nov payment yett.. I spoke with the manager for the HW mobay office this morning (he came back on the island yesterday), he told me that they r in the process of dispatching the rest of the Nov payments this morning. He said they r definately going off-sure (he said while he was away, they wired money from overseas into Jamaica)……POSITIVE, I suspect that u r not with NCB/Scotia, because I hear they r the main problem. The other banks/JMMB/Building Societies, etc have been updating persons account.
Fancy D said,
December 20, 2007 at 10:14 am
MRS C…Please do give me the info on PELICAN. I would really appreciate it. S0 HW peeps, what I am gathering here is that only a selected few are getting pay outs from HW. What I do know about them is that they are up front with the TRUTH of the matter or at least thats the inpression I got from speaking to one of their reps. She said “I am not going to lie to you. We are having issues with our payouts but its not from us lacking the funds to pay. We are having issues with the banks and it will be resolved soon. Doesnt matter if you are in the US or JA. OUR monies for payouts are in JA and we are working on taking it out.” That was a direct quote as of this morning. Next I asked about opening a BANK OF AMERICA account to make the deposits easier and she informed me that the issues isnt WHERE you bank its where THEY bank.
POSITIVE said,
December 20, 2007 at 10:49 am
Hi Everyone, I was was owed five payments,starting from November8th. I live in Florida and when I heard everybody saying that they just had to go to the Mo-Bay office and collect their money ,I could not do that at all.I asked someone to go to the Mo-bay office for me and when she went she used her phone to call me so I could talk to the lady there(i could not get them on their phone either)I I was told that the manager would deposit it for me that day. She also told me that he was coming back to Jamaica to make deposits to accounts there on Wednesday.
My money went to my account, He came back to Jamaica,so it seem as if they are telling us the truth. If anyone gets their money today or tomorrow please post it so all can see and spread the joy.
Fancy D said,
December 20, 2007 at 11:15 am
So, POSITIVE…you received your payments. So will I have to get a rep to go Mobay for me if I chose to invest with them? How long have you been with them? How about that PELICAN referral peeps?
Fancy D said,
December 20, 2007 at 11:41 am
I just spoke to someone at WW. They are NOT familiar wit or assoiciated with the company called PELICAN? Any other suggestion?
ann said,
December 20, 2007 at 12:38 pm
If anyone needs a referral for minvestment. This is it.
http://www.minvestment.com/?r=jettt.
Try it!
Madmag said,
December 20, 2007 at 1:14 pm
#981
Isnt it funny what the HW rep told you about them having problems with where they have their bank account? Did nt you see the ads from NCB and Bns that said HW does not hold any bank accounts with them. HW is lying..they are having some serious cash flow problems. I would suggest that your hold onto your funds and invest in some other Alternate investment that is sound.
Enlightened said,
December 20, 2007 at 2:42 pm
I would have to agree with the comment made at # 986. HW problem is not one with the banks, as they have already made it clear that they have nothing to do with HW money.
How many reasonable people here believe that both Scotia and NCB would put out ful page ad lying on HW, they wouldnt.
Be aware and beware.
Fancy D said,
December 20, 2007 at 4:38 pm
I’ve heard from two Wealthmax peeps that they have gotten their funds so far.
Sharonette said,
December 20, 2007 at 5:10 pm
Good for you Positive,
I am still waiting on my first check from HW which was due early December. I bank with JMMB so I am wondering why the holdup. Still haven’t been able to get through to the phones. #986 and #987, I would suggest the next person that speaks to Sir Higgins or the manager at Mobay, ask about those adverts placed by NCB and Scotia. I really dont think they could have made such strong statements about HW not having any accounts with them and be lying. If, or I should say When (this is me being very positive) I get my funds I will tell you all.
Fancy D said,
December 20, 2007 at 5:13 pm
I think I will put in a call to them in the AM and ask that question.
JM said,
December 20, 2007 at 5:42 pm
Can someone give me a referral to May Daisy?
juds1456@hotmail.com
mrs C said,
December 20, 2007 at 6:49 pm
the correct name is 2 pelican holdings there address is 2D little kew Rd kingston off Lyndhurst Rd tel.908-3487 manager is Mr k. Wilson they do forex trading. please do the necessary research. let me know how it goes.
Fancy D said,
December 20, 2007 at 6:56 pm
MRC C are you vested in PELICAN?? do they have a website?
Enlightened said,
December 20, 2007 at 8:24 pm
Cashplus is in the news again and yes they missed the deadline given to them by the FSC but that was expected, I still think they are just doing a poor job of conveying the information to people.
VMS are you having any luck with the C+ management in regards to their operation or at least public relation.
The news tonight made it clear that people just want their money now, no more excuses.
Vela Invest said,
December 20, 2007 at 8:37 pm
Pelican???? Never heard of them. Could this be them: http://www.whois.ws/whois-com/ip-address/pelicanholdings.com/
Website under construction. http://www.pelicanholdings.com
Oneil said,
December 20, 2007 at 9:43 pm
Pelican, rahtid, everyday there is another copy cat Olint, we all know David Smith , honestly how do you distinguish between the good traders and the scams or pyramid schemes.
lover said,
December 20, 2007 at 9:47 pm
anyone know about wealth builders associates……..
lover said,
December 20, 2007 at 9:47 pm
heard that the big “O” trade for them..
Big Man Passing Thru said,
December 20, 2007 at 10:15 pm
De web site tek on a whole nu vibes now. Patricia nah write nuh more, nieda VMS,DH,Jcan,JSM,Anthony,Poor Risk Taker,Piage and my bredren AJ. All de old people dem gaan.
Anyway me gaan to. Enjoy di Halidays. Memba invest wisely and never bite off more than yu can chew.
WISH YOU AND YOURS A MOST PROSPEROUS HOLIDAY SEASON AND NEW YEAR.
RESPECT,
Big Man Passing Thru.
JM said,
December 20, 2007 at 10:49 pm
Big Man Passing Thru,
I think Patricia and dem gone off for the holidays.
pandy said,
December 20, 2007 at 11:05 pm
I am trying to get a referral to Maydaisy. If there is anyone here willing to provide one please email me at ajeelrussell@yahoo.com, please write Maydaisy in the subject line. thank you
JM said,
December 21, 2007 at 12:18 am
Pandy same here with no luck.
JK said,
December 21, 2007 at 1:44 am
things quite in terms of worldwise
seems to be flying below radar
Enlightened said,
December 21, 2007 at 9:18 am
Check out the link below, its is interesting how the banks have suddenly decided that they are lords and master of all that is people’s money. For all those people that were saying that this is limited to cash plus they were wrong!!
NCB has now decided to close that accounts of CAREIF, i guess no one is safe any more … This is a clear case of “take your 5% annually, and keep your damn mouth’s shut”… any body with anything better to offer better stay out of the market.
http://www.jamaica-gleaner.com/gleaner/20071221/business/business10.html
Basil said,
December 21, 2007 at 10:20 am
I went WW on Tuesday the car park was full and most of the people
were filling out application forms. The rep.said that the adverse publicity
did not affect them seriously.
HW is still giving excuses regarding payments. However prommises are
being made and i can still speak with somebody face to face.
Let us keep our fingers crossed on this one.
TB said,
December 21, 2007 at 10:53 am
XX% daily for X weeks – total XX% guaranteed
Steve said,
December 21, 2007 at 11:06 am
Happy Holidays:
Anyone having difficulties getting paid from VisionsIncrease?
SB said,
December 21, 2007 at 11:40 am
TB – are u aware that north-funds is not paying? Why can’t you guys stop promoting these bs hyips and trying to make money off others at the same time? Why not just post http://www.minvestment.com or http://www.north-funds.com? leave off your referral link man! We are suppose to be helping each other on this blog but some ppl are busy promoting ponzi schemes. Guess you don’t care if the program crashes after someone signs up with your link and deposits their hard-earned money…I aint hating man. Just the truth.
ensley said,
December 21, 2007 at 11:44 am
Just spoke with an agent at HW in montego bay
December payments will be paid the first week in January
and January Payments the first week in February
anyone heard otherwise?
TB said,
December 21, 2007 at 11:58 am
?????
TB said,
December 21, 2007 at 12:07 pm
http://www.minvestment.com/?r=jettt
http://www.minvestment.com/?r=jettt
http://www.minvestment.com/?r=jettt
ause its really profitable
Yea!!
TB said,
December 21, 2007 at 12:08 pm
Cause not ause
Sheraig said,
December 21, 2007 at 4:06 pm
Can someone please refer me to Maydaisy? Would really appreciate it!
Thanks much
Enlightened said,
December 21, 2007 at 4:34 pm
Seasons greetings to all and may it find you in the best of health and the best of wealth.
For those who had a profitable year … congratulations
For those of you who are having problems with C+ and HW i wish you all the best for the new year and hope that things work out well for you all and hope you still make the best of the season.
As for those who keep promoting known ponzi/ pyramid schemes please stop.
And as for all the folks who informed and entertained, over the past couple of months… thank you all.
blessing.
vaya con Dios
JM said,
December 21, 2007 at 6:24 pm
Wishing all board members a
MERRY CHRISTMAS AND
PROSPEROS 2008
GOD BLESS YOU ALL
Skeem said,
December 21, 2007 at 9:25 pm
http://www.worldoffshorebanks.com/Jersey.html
Skeem said,
December 21, 2007 at 9:26 pm
http://www.worldoffshorebanks.com/index.html
Paige said,
December 21, 2007 at 9:29 pm
I just read the article regarding NCB closing Carief’s account. It also states that First Caribbean also closed Olint’s account. I must have missed that blog. Before I read the article I was actually thinking of opening an account with them. Anyone have any info regarding confirming what is stated in the newspaper.
Vela Invest said,
December 21, 2007 at 9:59 pm
Anyone here ever heard of this site:
http://cashmonsterz.com/realindex.html
NM said,
December 22, 2007 at 12:40 am
Yea, TB, it’s time you stop promoting investment schemes. we all know how to get to the websites, so you wont get any referral percentages. at least not from me. go and have yourself a good christmas. My only hope is that schemes that we all invested in, will pull through. bless!
POSITIVE said,
December 22, 2007 at 7:58 am
Merry Christmas to you all. I wish good health and prosperity , and hope that everyone who has their money in these investment, (CASH+ and HW)will get their money out.I hope we will all try to learn foreign exchange for ourselves or start some kind of business,because you know what ?ANYTHING THEY CAN DO I CAN DO BETTER !!!
Let us come back with positive attitudes and move forward together as one.
God Bless
Marlene M. said,
December 22, 2007 at 9:13 am
Happy Holidays blog family!
I wish all good health, success and a prosperous 2008.
Andre, I thank you for providing this forum. It has been a learning experience and has been very informative.
I’m looking forward to your posting in 2008!
Naveke said,
December 22, 2007 at 9:00 pm
post # 30 DH can you email me those ebooks.Thanks. Happy holiday.
HD said,
December 22, 2007 at 9:51 pm
Merry Christmas and a Happy New Year to all the readers and contributors of this blog. May the Lord God and Jesus or Saviour bless us all with further prosperity , humility, and kindness in the new year.
More Money !
venture Capitalist said,
December 23, 2007 at 1:24 am
Happy Holidays and great success to a wonderful community of bloggers, one that has changed the lives of many seeking financial freedom from there 9-5 and evolve into a new seasons. Many of us will become our own bosses CEO’s President and Owners of great businesses that will someday become the source of recondition for all that seek the wisdom and knowledge of the man or woman at the helm.
Andre I must say I have never met you but since I started visiting this blog that you have created I have become a part of a foundation that was never set out for me the way you have placed it brother. On behalf of everyone here I would like to wish you a Happy Christmas and a wonderful 2008 and hope that you continue to do the great things that god has set out for you to do. If I can help in any way in making the lives of the less fortunate any better please include me in that.
Venture Capitalist.
Paige said,
December 23, 2007 at 5:55 am
Well said Venture Capitalist.
I would also like to wish all the bloggers a happy holiday and a prosperous new year.
Anthony said,
December 23, 2007 at 8:28 am
Hi you all just wishing a MERRY CHRISTMAS and PROSPEROUS NEW YEAR.
Let us continue to be positive and smart in our search for a better life.
Remember the less fortunate they need help because this Christmas basic items are so expensive.
Cheers to a brighter future.
gary said,
December 23, 2007 at 12:12 pm
Att: Cash+ HW members
Cash+ has published its unaudited financial results in the Arts section of the Sunday Gleaner, what do you guys think of it? Again, the news media ran a story on friday about cash+ workers begin not paid,but they did not correct the story on Saturday because all of the workers received their pay on Friday nite about 9:55 PM. HW is paying but they’re slow.When there on friday, spoke to the manager, he assured us that all payment will be update (Nov-to Dec 15) by friday so check accounts, he also said that Bank of America one of the banks that they can transfer funds to without any big deal. He said that the Jamaican Banks are giving them “Hell”. I think most of these company are going off shore. I was kind of worried about cash+, but after a meeting with somebody I got some assurance. Cash+ should come out and tell the people how it’s able to pay 10% a month and from what I know shouldn’t have any problem because it’s making much more than that a month.:) I am angry at cash+ because they don’t communicate well with it’s customers and staff, the head guys are real tight lipped.
Re: Unaudited Financial results, page F13 states ” lenders liabilities to converted to preference shares” what does this mean? Thanks you
Vela Invest said,
December 23, 2007 at 5:30 pm
Anyone have a chance to take a look at my post #1024 to let me know what you think?
Patricia said,
December 23, 2007 at 8:21 pm
Hey hey hey!!!…I am just getting a chance to use the internet……enjoying some good times with my folks in in the Southwest….weather is great, sure beats the Great White North…..anyway…this has been a blast..lots of learning and sharing…Thanks to Andre, Anthony, J’can, JSM, AJ, Vybz, Enlightened, VSM, DR, HD, ABCDEF&G….to everyone……
…….looking forward to plenty more in 008….may all your financial dreams come true, and more importantly, I wish you peace ,love and happiness
In this season, remember the joy is in the giving.
Cheers,
P
DR said,
December 24, 2007 at 7:48 am
Big up to you all, especially Andre and Patricia: I have learnt alot…and I am finally on target to becoming financially independent….. 2008 promises to be exciting…. I should be able to buy all of you a drink……
Blessings
Dennis said,
December 24, 2007 at 10:15 am
Re: 1009
Yes, that is the situation as I understand it. They are running a month behind beause of Banking problems but there is no problem otherwise with HW.
I have met the VP personally and feel good about my investment there.
Vela Invest said,
December 24, 2007 at 10:23 am
Hey Read this C+ peps keep your fingers crossed:
http://www.jamaica-gleaner.com/gleaner/20071224/lead/lead3.html
Naveke said,
December 24, 2007 at 10:49 am
Thanks Paige for the ebooks. Happy holiday to you all. Wealth and Prosperity to you all for the new year.
Patricia said,
December 24, 2007 at 11:33 am
Interesting little piece……
http://jamaicaobserver.com/magazines/Business/html/20071220T200000-0500_130605_OBS_HAVE_THE_ALTERENATIVE_INVESTMENT_SCHEMES_HAD___AN_IMPACT_ON_THIS_YEAR_S_CHRISTMAS_SPEND_.asp
Patricia said,
December 24, 2007 at 11:56 am
Hey JSM, is this you???..C’MON, r u the mystery shopper
http://jamaicaobserver.com/magazines/Business/html/20071218T210000-0500_130533_OBS_PCFS_CLIENT_GOBBLES_UP____OF_GLEANER_.asp
Patricia said,
December 24, 2007 at 12:11 pm
Hey guys the first quarter of the year is a good time to trade on the JSE….take a look at Mayberry and DBG website for company finacial analysis and forecasts…..keep tabs on the business observer and Financial Gleaner…4th qrtr financials are also out for the listed companies so take time out to review them on their respective websites…dont be afraid of the stock market it is also a good avenue for good returns…must confess that I’m not much of a buy hold and propsper….especially in the Jamaican market…its response is too counter intuitive, but trading can yeild very good tax free returns.
Also in the 08, explore an offshore company formation, Panama, BVI, TCI, please a beg yuh, if you are in this for the long haul, you’ll thank me , also pls dont just think high returns, think safety of principal, consistency of returns, and integrity of the institution…I think a good long term addition is FXCM’s aggressive fund….min inv. is currently $5kUS…..and remember diversify sensibly and asset protect effcetively.
BTW, for those in the US, with the real estate sub prime mess..remember where many see a crisis, the wise and informed see opportunities…
and opportunities abound everywhere…
MERRY CHRISTMAS
Peace
P.
DW said,
December 24, 2007 at 1:04 pm
TO ALL MY FELLOW BLOGGERS, MERRY CHRISTMAS AND A PROSPEROUS 2008.IN 2008,SECURE PRINCIPAL AND KEEP EARS TO THE GROUND FOR NEW OPPORTUNITIES,ALL THE BEST.PEACE
JSM said,
December 24, 2007 at 1:37 pm
Patricia:
Growing up in Jamaica my Grandmother used to tell me, “You can lead a horse to water, but you can’t mek him drink” I led everyone to the water on December 7, 2007. Funny enough I don’t think anyone took me SERIOUSLY.
I said in a Posting awhile ago that I will not say things on this site to make people lose their money. For too long others have made money and the common man has suffered this will change. We have a GREAT OPPORTUNITY to make this Happen.
Once I have registered my Foundation you will know.
To answer your question, Christmas is a time for shopping. Hey remember Christmas doen’t come once a year.
One thing is not right with the Observer Story, they should have never listed in the paper the Account Number. That is not right. I can understand the journalist being eager but that was not right.
Oh by the way, above the rise in MIL there is also CCC.
I do not partake too much in the writing of the posting anymore because I believe the site has taken on a different tone. I do read the posting all the time though. I like to see what others are saying.
Have a Most Wonderful Holiday Season and may God Bless you now and for the Coming Year.
JSM said,
December 24, 2007 at 1:47 pm
I WOULD LIKE TO THANK ANDRE FOR CREATING THIS FORUM FOR US TO OFFER AND RECEIVE INFORMATION. THIS HAS BEEN A GREAT FORUM FOR SHARING.
I would like to wish everyone out there a most Prosperous and Bountiful Holiday Season. May 2008 be one filled with three things:
Health
Wealth
Happiness.
Above all this, put God First.
Many have heard the phrase: “Money is the root of all evil”. The phrase is wrong. Money is a Great thing to have.
It says in the Bible: 1Timothy 6:10- “The Love of Money is a root of all kinds of Evil, for which some have srayed from the Faith in their Greediness
Regards, JSM.
Ms.C said,
December 24, 2007 at 2:29 pm
my link is
http://www.minvestment.com/?r=cariser
POSITIVE said,
December 24, 2007 at 7:28 pm
Hi Patricia, I am in the U.S and I am sorry but I did not pick up what you meant when you said there is BTW with the real estate sub prime mess.I do some investing in real estate too.
JSM , also what is MIL and CCC , just need to be clear.
I notice the change of tone on the site too, but I think we are the ones that should stair it back in the right direction. Do not stop writing as you have to think about the good you do for the ones who are willing to learn and move forward. I myself am very thankful to the genuine people who take the time out to share in an unselfish way to others ,and I am deeply touched to see the extent of sharing from the hearts and I can truly say that I am proud to be Jamaican.
Have a blessed Holiday
POSITIVE said,
December 24, 2007 at 7:29 pm
if you prefer to send info by email it is geomar24@hotmail.com
Vela Invest said,
December 24, 2007 at 8:16 pm
Thank You Positive! I ditto that! This blog is about helping others in the pursuit to financial freedom and to teach and to be taught. Please keep giving your advice it is deeply appreciated and I know we all help in one way or another weather it’s a post by SKEEM or the leadership of JSM. I think this is one of the best places for info. . You can not go anywhere else and get the well rounded info. that we have here, so please keep on posting!!!
Oneil said,
December 24, 2007 at 8:27 pm
Any Olint members in the house, i heard TVJ that they has upheld the ceast and desist order for 6 more weeks??????????????? Anyone heard this???
AD' said,
December 24, 2007 at 9:49 pm
DR. or Patricia What does this mean now: Supreme Court has handed down a judgement in Olint vs FSC giving them 6 week to register with that body.
1. What would happen if they decide not to register?
2. Will the club still continue?
3. What are the reasons for them to register, does this make any difference?
4. If they register with the FSC does this mean the banks would have to open back there accounts?
Thanks.
Oneil said,
December 24, 2007 at 10:20 pm
Any OLint members in the house, 1046 has some serious issues to answer!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!111
AD' said,
December 24, 2007 at 10:36 pm
Oneil # 963 Dr. Had stated that it does not matter they win or loose. Am i right Dr.
Thnaks
AD' said,
December 24, 2007 at 10:37 pm
***Thanks
Oneil said,
December 24, 2007 at 11:10 pm
We all need to get our facts straight, as as jamaicans we always make statements based on what we here OTHER people say.If ‘O” loses it’s case, how does this affect it’s members?????
FOUND THIS! said,
December 25, 2007 at 9:08 am
Unless Olint wants to operate out of Jamaica again, they do not have to register with FSC. Do they realise the power of the Internet? Investors can sign up online to offshore investments.
If I want to invest in a company in the Cayman Islands of Bermuda, does that company have to register with the FSC? Ofcourse not.
So AD’ AND Oneil that might answer one of your questions.
Oneil said,
December 25, 2007 at 10:54 am
Found this 1051, my concern is how vindictive can FSC or the bank become, with regards to transaction with O tci,can Smith be charged, what about the other traders in jamaica, WW, F-1, MAYDAISY etc ????????????????
Oneil said,
December 25, 2007 at 10:55 am
Interesting times ahead!!!!!!!!!!!!!!!11
QUESTION said,
December 25, 2007 at 12:45 pm
what is the downside for OLINT to register with the FSC ?
FOUND THIS! said,
December 25, 2007 at 1:15 pm
Oneil,
Take it online. People are aware of the risks. Therefore, the FSC should leave Olint and their investors. In addition, the internet is always another alternative. I remember when the banks in Jamaica were giving 30% interest rate in the 90’s and lending at 68% . The only factor that cased the failure was the intervention of the govenment. This intervention caused a run on two major banks. I am sure that they could have corrected the situation based on correct intervention.
Let us focus for a moment. Can any bank survive after there has been a ‘run’ on it. Certainly not! In England the government had to pump billions into Northern Rock Bank (26 billion pounds) to avoid closure. Therefore everyone should be aware that if there is a ‘run’ on any of our banks in Jamaica the same could take place. No Banking institution has money to pay all investors at once. I am sure that the banks would not want the public to know this but it is the reality.
I say take it on line.
QUESTION said,
December 25, 2007 at 1:27 pm
I guess the question for the FSC is: apart from earning some dues or commission what is in it for Olint to register with them ? It does not change the risk factor for investors whether or not Olint is registered with FSC. Will the FSC be providing insurance for investors ? I doubt it. They cannot mandate Olint to provide insurance either because it is what it is, that is, a risky investment whereby investors are informed of the risks and the potential to lose some of their money. There are large established institutions and banks in developed countries such as the US and Canada that provide investment opportunities in the form of mutual funds, hedge funds, and unit trusts that do not provide insurance against any loss for these investment vehicles. Therefore what is the point of all this ? is the FSC just trying to keep themselves relevant ? seems like they are doing the opposite to me. If someone have the answer for these questions please inform me the unwise.
Oneil said,
December 25, 2007 at 1:40 pm
Comments appreciated, but still no one has commented on the real matter at hand, if Olint former operation is declared as illegal, then the impact is that a cease and desist order will be issued for all jamaican bases fx clubs!!!!!
DR said,
December 25, 2007 at 3:39 pm
Olint is like the grandfather of all clubs…. If Olint loses to the Court of Appeal then all other clubs will be in trouble. …watch the possibilities.:
The get registered with the FSC, out interest might dwindle down to 5% per month, in order to pay the FSC their registration fee.
FSC might be able to dictate to Olint how to run the club….hmmm?
The positive side is that our taxes might be paid before we get the interest, which would be better for all of us.
If Olint gets registered, then all other non-registered clubs are in TROUBLE… a list of all the members of Olint, including the date they started will be passed off to Ministry of Finance. (TAXES retroactive)
What will the Chief Servant say now? He said he was waiting on the results of the case.
DR said,
December 25, 2007 at 3:41 pm
For those of you who have not heard….Olint/LewFam have lost:
http://www.jamaicaobserver.com/news/html/20071224T210000-0500_130723_OBS_OLINT__LEWFAM_LOSE_TO_FSC.asp
DR said,
December 25, 2007 at 3:58 pm
But here is another twist….. If these clubs get registered…the banks are going to lose out big time in terms of “direct deposits”….because more people are going to feel comfortable with O,WW, etc
Yvette said,
December 25, 2007 at 4:57 pm
All of unu lucky….i just want my money from cashplus like now…..dem giving me the run around
Jcan said,
December 25, 2007 at 5:40 pm
Trusting Christmas was wonderful and Christ was still relevant in our festive moments and we are all planning for a prosperous 2008.
Interested times for new oppourtunities are a head indeed! if ever a time investors need offshore banking option is now!!
Investors need to ensure that they have their offshore banking option in a place where they can be easily access via the internet. (SKEEM post some different options, trusting bloggers are doing their research)
Remember all forex traders have some form of offshore banking in process already, therefore, I am not worried about them and the banking institution or lack there of in my homeland. Cease and Desist orders on these traders in 2008 will not be a big impact to the traders…the people in Ja will no longer be able to see and touch them, and for those who like that sence of comfort in this high risk venture will be at a loss!
“OLINT” is in a comfortable place! Will be interested to see if he is going to appeal or just forget the FSC/McIntosh and their ignorance and continue to be base in TCI where he is more than welcome!( ‘olint is a prime eg of the proverbs that states that a King is not respected in his own country) As the primere for TCI said, “Ja’s loss and misfortune is he and his country’s fortune!” “OLINT” and LEFAM did not lose to the FSC, the real loser is Jamaica and its poor people!
FX Traders will just have to be perpectual travellers….their business will be base where ever they are welcome! Whether in Panama or in TCI .
Fx club members now have to be discreet and be extremely careful in their bank of choice for their depository relationship.
Jcan said,
December 25, 2007 at 6:32 pm
In todays era of the world wide web, the world is not only a big place but one that with the click of a button opportunities abound all over. Some of these include investments in international real estate, structured products, Swiss Annuities, stocks and bonds of other countries, international trade of commodities and even import/export. .
The Internet has spawned one of the biggest opportunities of all time. Through its instant communication ability, the Forex market is accessible to all, not just in Jamaica! Business can be conducted over it quickly, easily and securely. International business can be started, developed and conducted easily. Marketing and trade analysis information that used to cost thousands of dollars and take months to obtain are available immediately.
Once a fx trader have solid high-level cash flow from fx world wide sources, they can channel their cash flow to tax advantaged customer friendly locations, not only easily but completely legally as well. This isn’t anything about hiding from the FSC or the taxman…. it’s placing your wealth where taxes are lowest, just like the large multinational corporations.
Finally, with wealth comes danger. Danger from envious neighbors, from over-zealous government employees and from lawsuit-happy lawyers.
So, in a nutshell, the introduction to Forex trading by Olint to us all is not only the beginning of our financial freedom for those of us taking the risk. It’s actually the start of a long and successful journey to true economic and personal freedom through becoming truly independent. Soon it will not only be the Billionaire banker in Ja, but us investors too….I am in it for the long haul….As mentioned several times over, protecting your principal in the first 6 months for most people give a sense of a more stress free financial ride!
The fx clubs in Ja are not the only fx clubs that are being scrtinized. This is one of the reason that some of the off shore clubs are so hard to get in…Not sure who is trying to invade it….So crucial now to know thy customer…..
Enough for this Christmas day fellow bloggers……
Best Regards for a prosperous 2008.
Jcan said,
December 25, 2007 at 6:46 pm
1061 Yvette,
Trusting 2008 will bring some good news to all CP & HW investors, if not already done so, try and regroup and look into investing in one of the Fx base plans, some you need just US$1,000 or US$2,000 and compounding will close the deficit in due time.
Best Regards
Jcan said,
December 26, 2007 at 6:00 am
Hedge-Fund Owner Klein Is Killed in Plane Crash, Colleague Says
http://www.bloomberg.com/apps/news?pid=email_en&refer=us&sid=aeNLW2OmeB4k
DR said,
December 26, 2007 at 7:05 am
well well…. Yes the clubs can go COMPLETELY off-shore but they cannot operate any office at all in Jamaica. So business will have to be done strickly by email and telephone. The FSC is in charge of Jamaica but not Panama or TCI etc…///
If they have a office or representatives here in Jamaica then they will be served CEASE and DESIST orders from The Supreme Court. That’s a fact!
FOUND THIS! said,
December 26, 2007 at 8:58 am
The growth and acceptance that have been occurring in the ‘investment clubs’ have got out of control.
It is incomprehensible how so many people can continue to give money to these ’schemes’, despite the countless warning signs.
I realise that many of the people investing in these schemes might not be very knowledgeable on financial matters.
First off, I would like to dispel the argument that the ‘rich man’ is out to get the ‘poor man’ because rich people don’t want anyone else to be rich.
You will hear stories about John Doe who lost his job and that if it weren’t for ‘XYZ’ scheme that he would not be able to keep his children in school or feed his family. And that anyone who opposes these schemes is against the poor. Absolute nonsense.
These schemes are playing up that class discrimination to divert attention from the real issues of proving that they are legitimate.
These schemes are targeting both rich and poor, black and white. Sure, there might be a handful that has managed to get out more than they put in, but there will be far more John Does who end up losing all of their hard-earned money.
A FEW FACTS
Fact: Between 2001 and 2006, the U.S. Commodity Futures Trading commission has prosecuted more than 80 cases involving the defrauding of more than 23,000 customers who lost US$300 million, mostly in managed accounts involved in foreign exchange trading.
And these are just ones in the U.S. There are hundreds in other countries that you can read about on the Internet.
Fact: Not one of these schemes have shown an audited financial statement, signed off by a reputable accounting firm, confirming the assets they, have and the returns they, supposedly, have been delivering.
That should be any investor’s absolute first priority in validating an investment strategy.
Anybody can say they do something, and just because many other people buy into it does not make it true. Nobody is asking them to disclose any type of trading secrets, but simply to account for all their assets and liabilities, which would give proof that they really have been generating those returns and that people’s money is safe.
Fact: No legitimate investment vehicle – whether it be a mutual fund, hedge fund or any other type of structure – has ever consistently generated the types of returns these schemes are offering.
There are certain private equity funds and hedge funds that deliver fairly high returns, but they come in very lumpy patterns over a long time frame as their investments materialise.
And, almost all investment strategies that offer such high returns will come with significant volatility and have many losing months along the way.
The most successful hedge fund in the world called Medallion Fund run by Renaissance Technologies – which manages only its own money and which has a team of 150 scientists and PhDs – cannot achieve those types of returns.
Medallion achieves 38 per cent net returns annually and has losing months.
‘Investment geniuses’
I find it extremely hard to believe that all of a sudden, there are numerous ‘investment geniuses’ popping up in Jamaica all at the same time, offering the best returns in the world.
It just doesn’t make sense. Simple logic should lead persons to see that it is most likely not true. Mathematically, it does not add up.
People who defend these schemes will consistently point to the fact that they are invested and have already made more money than they put in.
And I am sure there are people like this.
But that is the definition of how the schemes work. They rely on the success of the early investors to spread a ‘buzz’ about fabulous returns which continue to bring in fresh money.
This all continues until (for whatever reason) a large amount of these investors decide at the same time that they want their money back.
At that point, the money the scheme has is not nearly enough to cover what they owe their investors and the whole thing comes tumbling down.
And the people who got in last will be the ones that really lose the most. That is why these schemes are so concerned with keeping new money coming in.
They offer referral fees, spread fluff media about foundations, sponsor events, and other unrelated businesses to give them an appearance of legitimacy. Even the whole method by which you have to be referred to get signed up is a marketing tactic to make it seem like you are being granted entrance to exclusive investment world that only a lucky few get to participate in, (and also to make sure that you are not the type of savvy investor that will ask too many questions).
If you browse through the many internet blogs with discussions on the topic, you will see numerous posts about people not being paid their interest on time because the company’s systems are down, or the owner is travelling out of the country, or the banks are interfering. These are all delay tactics.
Signs of trouble
If these schemes can’t keep track of a simple payment system, how could they possibly run a complex investment strategy to generate these types of returns? Delayed payments are usually the first signs of trouble because the new money is not coming in fast enough.
Then there are those investors who say they know they are participating in a ponzi scheme, but are simply taking a gamble and hope they are in long enough to make money before the scam collapses.
I say to these people: Shame on you. By doing this, you are basically aiding these schemes to defraud other less-educated investors.
There are many people who are investing far more than they can afford to lose and we should all be looking out for the best interests of the country.
Then there is the whole argument that the commercial banks are “out to get the little guy” and are making huge sums of money while they offer nothing in return.
We live in a competitive world. Outsized returns are hard to come by and if Jamaican banks were making such outsized profits, then you would see every banking chain in the world opening up offices in Jamaica until those profits were normalised.
Hello Bloggers found this in the Gleaner.
Jamaican banks might not be perfect, but they are certainly not out to defraud hard-working people out of their money.
If you do a little research, you will see that the rates and returns these banks offer on loans/deposits are in line with other countries of a similar risk profile. Also, people can simply buy shares in Bank of Nova Scotia or National Commercial Bank (and thus share in the profits) as they are both publicly listed companies.
FOUND THIS! said,
December 26, 2007 at 9:02 am
The post #1067 was from the Gleaner sorry for posting it so long but i just found his anger really hard to deal with, seem as if he is really bitter about something, maybe he lost some money in Swiss Cash.
Source: Jamaica Gleaner | Published December 26, 2007
Written by: Oliver Cartade
Oneil said,
December 26, 2007 at 10:10 am
re 1067 , alot of wealthy people in jamaica have earned their money by venturing in deals which they could lost some or all their money. Risks is a nature part of earning wealth. People should just ensure that they take calculated risk, ie weighing the pro and cons ,and accept the consequences.When a business man ties up millions in stock and pay rent to keep a business , what guarantee he has tommorow, that his products will sell…NONE.
Oneil said,
December 26, 2007 at 10:14 am
People are taking risks everyday and losing money.eg the stock market, even when you master all the audited financial statements, the market will take it’s own course up or down.Many people portfolio have been cut in half or less since the fall off in the stock market.
Oneil said,
December 26, 2007 at 10:22 am
Oliver Vartade is an idiot, many of these banks make these big profits, and they choose to pay out only a small portion of their profits as dividends
ensley said,
December 26, 2007 at 11:01 am
listen everyone has a right to decide what they do with their money
so all yu haters of alternative schemes just back off ok
Fancy D said,
December 26, 2007 at 11:38 am
Did all Higgins Warner members receive payments?
RB said,
December 26, 2007 at 2:40 pm
can any body assist me with info/referral on lewfam/ worldwise.
it would be greatly appreciated. preferrably from an existing member/s.
thanks a alot
stooves@yahoo.com
Oneil said,
December 26, 2007 at 4:21 pm
rb did you hear olint lost the case, i would reccomend that you be patient , see what new developments will take place with regards to other fx clubs in jamaica.Lets see what the wicked people will come with , namely FSC and the banks who are looking for an excuse for how mash up the competition!!!!!!!!!!
The devil is alive and well, NCB-Lee Chin must laughing at cash plus now.He said they would fail, but he did’nt say how he himself would contribute to it’s failure by closing their accounts.Lost of confidence – you can thanks ncb for that, closing their account during christmas when jamaicans need their money. Jamaican poor people need to wake up and take the necesary steps to make themselves independent these hypocritical banks!!
Jcan said,
December 26, 2007 at 7:05 pm
Re#1067 ‘oliver cartade’s article in the Gleaner’….Now we have a name to the blogger on the cash plus site who writes under the alias “US” plus some other names…Oliver Cartade’s article is an exact replica of bloggs written on the site ‘cash plus the poor…’
This cartade person is still behind the times….fx trading in the hands of experience persons can generate good returns….No trader will gurantee you a set amount…If you are part of a “managed trading fund” that is locked in for most times 180 days then that is different.
Most conservative traders normally trades just 20% of the investors money unless you are with the aggressive traders that trades 30% to 50%.
Olint is in the 20% risk category, so 80% of investors money are not traded.
The ultimate challenge for us all is to learn how to trade for ourselves!
Vela Invest said,
December 26, 2007 at 10:18 pm
Here is a link to take care of all your TCI banking (offshore)
http://www.turksandcaicos.tc/bankstrusts/index.htm
HD said,
December 26, 2007 at 10:35 pm
Many of these journalist think they are smart and society in general need to be careful and keep an eye on those who we instill with the power of the pen. The writer has published an article in one of the two most read papers in the country predicting the failure of an organization(s). In the same article the writer is documenting many unverifiable, unquantifiable and misleading statements about why the said organization(s) should fail. He is basically saying rain is going to fall and then pissing from the top of a high rise building. Why do these journalist take the Jamaican people for fools. Why don’t they go and do some constructive journalism and inform people of any better investment opportunities…where are their ideas for helping the Jamaican people invest their money…are they so dumb that they can only beat down on other peoples ideas ?….come on now !
HD said,
December 26, 2007 at 10:37 pm
Hey Jcan, even though I questioned the intention of your posts in the past I was only kidding. Your posts are very informative and entertaining so keep them coming.
Much respect
HD said,
December 26, 2007 at 10:45 pm
Interesting how one thing seems to be following after another.
Guys be vigilant and make sure you follow the money…not just any money, the rich man’s money.
In addition to what Jcan said, If you don’t think you can trade fx on your own then try and find someone you know well who is doing it already (a friend or relative) or even consider sponsoring someone who you think have the time and brains to do it (maybe a math brains from primary school who is having problems finding a job). Get some brains together and start your own club if possible.
Cheers
Oneil said,
December 26, 2007 at 11:03 pm
HD i agree with you totally , all these journalists are doing is telling people that these investments will dome. If they want to make themselves useful let them go and ask the operators of all these clubs to expain , how they run their business, then they will able to comment on facts, rather than opinion.None of these people have ever found the time to interview Carlos Hill or better yet David Smith to give them a hint of how they are able to pay better rates.Also a lot of these people who advise us on where to invest dont care about investors, they are sales people , who just want your money so they can keep there job by meeting their sales budgets.Financial independent people dont need to work for other people.If your financial advisor at your securties firm was really good at investments, they would be filthy rich.
HD said,
December 27, 2007 at 12:01 am
Here is something our journalist friends need to investigate and report on and find out why Jamaica is selling all of it’s precious resources and what should be done to stop the trend:
http://www.chron.com/disp/story.mpl/ap/fn/5404535.html
Paige said,
December 27, 2007 at 5:25 am
Or maybe the jounalist need to investigate and report on the current state of affairs in Jamaica. Now, why did I have to read in the back of a NY Daily News that the Jamaican government is slated to sell Air Jamaica next year. I never saw that report in the Gleaner. These are the things that need reporting. Spreading false information on investments plans is not the way to go especially when everyone who is investing knows the risk.
I say someone on this blog should send a editor’s letter to the Gleaner and “dus out” the spreaders of false rumour.
DR said,
December 27, 2007 at 7:45 am
#1079 Vela Invest: Thanks for that link….very helpful
DR said,
December 27, 2007 at 7:54 am
All the leading investments clubs have already exported our money. No need to worry folks…. If you are in a club that is still keeping money in Jamaica – - GET OUT! – - – offshore is the way to go…. FSC has no problem with offshore….they hate onshore – - remember the FSC has to work with Mike and Bill…
FSC don’t like David, Noel, Carlos, and the otherexclusives!
We will have to get international debit/credit cards: plus learn to use the internet banking system…… and we’ll be well on our way.
jcan said,
December 27, 2007 at 8:09 am
Recapping some information previously sent
most of which you simply won’t find anywhere else in one place. Just to jog your memory, to sum it up here and give you some final ideas of what to do next.
There’s a Whole World Out There
This is to open our eyes to the different possibilities. We learned that, despite what you may have heard, major countries like the US and UK are not the safest places to build wealth.
What You Don’t Know About The Global Economy
This introduced us to the idea that citizens of most high cost social program countries are not allowed to even know about outside investments. We also learned that “offshore” investments are not illegal or dangerous, they’re just not advertised because of the fear of competition and lack of government control.
Trading Your Work For Paper Money
This eye-opening message explored the world of work and money. It seems that money is “fiat” currency, worthless except in the issuing country for the exchange of goods and services. But this worthless paper is also worth something between countries due to international trade and speculation. This is the key to a real and lucrative opportunity for lifelong profits.
Real Safety For Your Investments
Despite all the advertising to the contrary, it seems that most western high social program countries have the worst safety for our wealth. Besides the taxman and the banks with ever-higher fees, lawyers can find out what we have, how much we have and where it is with great ease. Fortunately, there are many simple and legal ways to protect this hard-earned wealth from these predators.
How The Big Boys Make Big Money
Even though owning a typical business, investing in stocks and owning real estate can mean high profits, we found that the taxman is against our success. The big boys don’t play that game—they have a better plan. Buying and selling currencies at the rate of 1.5 trillion dollars every day must mean that there are profits to be made and that it’s perfectly legal to do so.
The Currency World
This opened our eyes to the world of Foreign Exchange, or Forex investing. All the central banks, the hedge funds, the multinational institutions and even the governments are involved in Forex. That’s why it’s so huge. But how do individuals get into the game? Nowadays with instant electronic information anyone with a PC, proper training and $500 can participate to the tune of $100,000 at a pop.
Getting Into The Forex World
This gave us the real “meat and potatoes” of participating in the Forex market. Easy execution of orders, instant information, tons of charts and graphs about everything and, best of all, NO commissions make Forex unique. Add to it being able to trade 24 hours a day and this is some opportunity!
Having A Portable Occupation
Fx trading focus is designed to give each and every member complete freedom over their own life as they wish to have it.
Building Wealth Is Getting Harder
Although it’s getting harder to do, building real wealth is definitely possible if you utilize some of the resources mentioned on this BLOGG. We already know that western countries with high cost social programs use our money to pay for them. Now we have three ways to mitigate that problem in our lives.
Exploring the PT Lifestyle
When we become self-sufficient and begin building true wealth, we’ll want to protect and enjoy it. Planting different flags for different economic reasons makes a lot of sense. It can be implemented to whatever degree you feel comfortable with in any countries where you feel most comfortable. “OLINT” now have a flag in TCI!
There is a big world out there that’s full of opportunity. The common thread throughout fx trading information has been that you can indeed partake of these opportunities with the right training, resources and assistance. From a method of making money to places to put it to multiple income streams for long-term income.
jcan said,
December 27, 2007 at 8:14 am
Info above taken from the VRG website
HD said,
December 27, 2007 at 8:26 am
Jcan, I am slow this morning, what does the “PT” in “PT Lifestyle” mean ?
HD said,
December 27, 2007 at 9:11 am
Journalist have the power to make predictions and help in making those predictions come true by the very words that they write for consumption by the masses. Even worse, if you should challenge what they write they become vindictive and try to find dirt in your background to publish.
POSITIVE said,
December 27, 2007 at 9:46 am
Has anyone opened an offshore account on line ? If so can you give me a link or email address?Or do we have to physically go there?
Skeem said,
December 27, 2007 at 10:22 am
‘Revisit forex laws’ – Analyst suggests FSC change approach to investment clubs
http://www.jamaica-gleaner.com/gleaner/20071227/lead/lead1.html
jcan said,
December 27, 2007 at 10:57 am
The term PT was coined by an international author who structured his life around living as a citizen of the world. You can do the same with or without travel as you may see fit for your situation. Basically it entails setting five flags (picking five different countries) for the major aspects of your life;
Flag 1 Passport and Citizenship
Obtain a second passport and citizenship from a country where non-residents are not subject to taxation, conscription or government controls.
Flag 2 Business Base.
This is the country in which you make most of your money. For safety and tax considerations, it should be different from your citizenship or residence country.
Flag 3 Residence or Domicile
Residency usually determines tax liability (except for Americans) so you’ll want to set yourself up as resident of a low or no-tax jurisdiction. A place where you can be creative, live, relax, prosper and enjoy yourself, preferably with bank secrecy and no threat of war or revolution.
Flag 4 Banking and Asset Management
Here is where you do your banking and manage your financial operations for your business. It should have excellent communications and confidential financial services under your complete control.
Flag 5 Playgrounds
These are the places where you spend most of your time. You’ll need several favored places so you can move around freely like a simple, low profile tourist, without attracting any undue official attention
Setting yourself up in the PT fashion may seem drastic. In many cases, a derivation of this can accomplish your goals of privacy, safety and taxes. It all depends on your needs.
Info only to think about….. To help us find true freedom ! Invest wisely and plan ways to enjoy this high risk venture.
Re the offshore banking…Some people are creative…set up accounts with the help of friends from these countries. I once worked in a country that is very big on offshore banking so I still keep that account and the others I got through my membership with caphillfx.
I am wondering if these clubs if asked will help its members with suggestions on which of these offshore banks to use, for eg, WB’s connection in Panama, “O” connections in TCI?
Patricia said,
December 27, 2007 at 3:58 pm
So Justice McIntosh has ruled in favour of the FSC, now what????…….having not read the 112 page ruling, I am not sure what is the net effect of the ruling on the operations of LewFam and Olint as they are currently structured.
Both clubs have moved on…..LewFam is a Panamanian corporation, it is online, their accounts are off-shore, OLINT is also incorporated in Panama, and also in TCI, and similarly has its accounts offshore …….to my mind registration with a regulatory body in Jamaica, would only be required if their business operations are in JA substantially or in part.(the effect maybe the total removal from Ja, much to the countries detriment)
With internet technology, “the world is flat phenomenon” arises, and clubs and entities like OLINT have equal and ready access to the international market place as would any other big player. That’s just the reality, and the approch of the banks, regulators and even the courts is simply archaic, and out of touch with the current paradigm.
The ruling doesn’t bother me at all…I have already said repeatedly what folks need to do….JCAN and Skeem have both been tremendously helpful in posting practical links and info……so to the detractors, I say again, the sky isn’t falling!!!!!.
Yes, the legislation in Ja needs serious revision to deal with these emerging entities, and those in so called authority need tons of training and education, so that they can cease and desist the endless scare mongering and mis-information they have been guilty of.
Persons who are direct members of OLINT should, by email, ask DS/WS for guidance/suggestions on banking facilities…..this may well force them to take things to the next level in terms of membership resources…similar to the kind of resources offered by other entities, like CHFX, Finanzas Forex etc. Like any business there is now room for continued growth and enhancement.
Patricia said,
December 27, 2007 at 4:04 pm
BTW, no doubt the other clubs have had their lawyers review the judgment and are busy taking the necessary steps as it relates to their operations.
pat said,
December 27, 2007 at 4:30 pm
http://www.easy2earn.biz/?id=kemett. A cool way to earn
Juliet said,
December 27, 2007 at 4:59 pm
Hi Guys,
It has been brought to my attention that Higgins Warner will start wiiring returns as of the first week in January 2008. They will be clearing any back log. Also Interest payments will only be done twice per month. Wiring of funds will take a max of two to three days to reach your account. It depend on your bank. Money was wired to me on the 16dec and I saw it in my account by the 18dec.
I wish everyone all the joy and prosperity for the upcoming year and I do hope that our investments work in our favour.
Nuff Love Peace to you all!!
JOEJOE said,
December 27, 2007 at 9:13 pm
Juliet can you say where you got that information from.
ensley said,
December 27, 2007 at 9:51 pm
so juliet if they gonna start wiring as of the first week in january
how come yours wire on the 16th of december??
or is because yu post on this forum yu get a early blyy??
Jcan said,
December 27, 2007 at 9:55 pm
For information only:
The VRGroup membership provides you with offshore banking in Dominica, Sweden and other good offshore areas…Secure banking with monthly interest from one of its credit union also.
Membership for persons outside of Caphilfx use to be $450…but with this membership they teach you to do your own trading etc…I believe come January 2008 the membership fee will be a lot more so maybe you guys will just have to wait until you become members of caphilfx….
Again, I am not seeking “hits” but the information on this site is worth reading.
Now that Patricia has explained how to read between the line to seek membership with caphilfx, I am hoping more of you will become members and this would eliminate the need to search for an offshore bank.
http://www.vrgroup.info/
TRIGGA said,
December 27, 2007 at 10:08 pm
capitalhillfx is terrible on communication why would you want to join.
Oneil said,
December 27, 2007 at 10:39 pm
Patricia or anyone else here has an offshore account.Can you reccomend one that you hold or reccommend , send it to mail it to me gow@cwjamaica.com
Vela Invest said,
December 27, 2007 at 10:48 pm
Can anyone give me a referral for FFx
velainvest@hotmail.com
Jamvestor said,
December 27, 2007 at 10:51 pm
Are there any capitalhillfx members on this blog? What has there service been like and how long have you been with them? Are they still sticking to the $150k minimum requirement?
POSITIVE said,
December 27, 2007 at 11:29 pm
Vela Invest , Thanks for the link. Have you or anyone else here joined any of them?
Vela Invest said,
December 28, 2007 at 12:26 am
Positive , I’m looking in to them now.
Dennis said,
December 28, 2007 at 1:37 am
Re 1096
I also had the opportunity to meet with the VP of HW Mr Gilpin recently when he was in Miami on banking business and learnt that a major factor why they are behind in payments is that they grew so fast from a few hundred members to over 6000 in a short period of time that their systems could not cope with the load. Everything was being done long hand. There were no computer programs in place. They have now streamlined their systems and in the New Year things will run more smoothly. As was mentioned instead of having contracts due to be paid every day of the month they will be making batch payouts twice monthly. Much more efficient. There is nothing to worry about with HW they are just experiencing “growing pains” but they are on top of it and will be back on track early in January.
Oneil said,
December 28, 2007 at 6:33 am
Dennis,
How does HW makes it’s money
Skeem said,
December 28, 2007 at 9:08 am
Investment schemes under pressure
http://www.jamaica-gleaner.com/gleaner/20071228/business/business2.html
Cleon said,
December 28, 2007 at 9:32 am
Dennis # 1106
Life is so funny, because with all thats happening with HW and C+ etc. A friend of mine who is an agent told me that people are still signing up like crazy with HW. I hope all will workout in the end tho…I guess people are not afraid of the high risk thing anymore. They just want to make a good return on dem money (value of dem money depreciating in the Banks)…
Lets see what will happen in 2008
FOUND THIS! said,
December 28, 2007 at 11:23 am
# 1108 I found that article very chopped it seemed as if a prep school student wrote it as a term paper and handed it to the teacher. Also they have the picture saying David Smith——-hum I guess they don’t know what he really looks like.
Adrian said,
December 28, 2007 at 12:14 pm
I have been doing some due diligence on the VRG group and came across this artcle. http://www.thepanamanews.com/pn/v_13/issue_22/letters_01.html
you have to scroll down to the part thats headed “About winners main man”.
Anyway just wanted to let everyone know that before you invest be very careful. The fee to join VRG is increasing on 1/1/2008 and will be triple the previous fee. Just want everyone to be aware
AW said,
December 28, 2007 at 1:00 pm
Another interesting article here
Mark Boswell’s alias Rex Freeman’s Costa Rica office raided —
http://www.thepanamanews.com/pn/v_13/issue_22/business_02.html
Michael said,
December 28, 2007 at 3:25 pm
To all HW investors ,especially those whom received checks from the Mobay office in the past. What was the name of the bank on the check ???? Prior to joining I checked around and heard they had a huge account with NCB and another Bank in the US(which I have confirmed). My payments are current ,but I do feel for the others who have not been paid, I have friends with accounts opened in Ja and the US. The US account is funded and the Ja account which was usually on time is now two months behind.Another friend opened the account in Ja and requested the wires in her Miami account , she received one payment and is now owed two. All HW investors lets seek the truth .Why are some paid and some not paid.
Michael said,
December 28, 2007 at 3:27 pm
HAPPY HOLIDAYS EVERYONE AND ALL THE BEST FOR 2008.
MoneyChimp said,
December 28, 2007 at 3:30 pm
Olint TCI continues to operate legally within the Turks and Caicos jurisdiction. The legal battle is between Olint Corp. and the Jamaican Financial Services Commission… No worries man.
Dennis said,
December 28, 2007 at 3:46 pm
Michael,
Did you read my post above? #1106
Michael said,
December 28, 2007 at 6:06 pm
Dennis, I read your post. I have these questions as an investor who has been receiving payments and hearing from friends in the same area who are two month behind. On the rich man’s mesiah Juliet has connected the dots leading to Sam one of the Miami agents. Thanks for your comment.
JOEJOE said,
December 28, 2007 at 6:18 pm
Michael how can I get the contact info for the Miami agent.
Dennis said,
December 28, 2007 at 6:22 pm
JoeJoe if you e-mail me at dwalcott@mailcan.com I have the contact info of Sam, the Miami agent. If you are in the USA let me have your phone number.
ensley said,
December 28, 2007 at 6:42 pm
cash plus has been issued with a cease and desist order by the FSC
just heard it on the 6 o’clock news
DW said,
December 28, 2007 at 6:50 pm
I also heard that CASH PLUS has been ordered cease and desist.What does this mean for the POOR MAN!
Vela Invest said,
December 28, 2007 at 7:06 pm
Hey Positive, I have an E-book on offshore banking do you want it?
JOEJOE said,
December 28, 2007 at 7:53 pm
Dennis check your e-mail.
gary said,
December 28, 2007 at 8:35 pm
I guess Cash+ can no longer accept new members, too bad I guess the new people will have to join on current members account. Cash is planing to go public soon, I wonder if this will generate new members? As far as I know (insiders) Cash+ was still receiving loans, not as much as it use to but I heard it is still alot. The FSC said they did an investigation and concluded that Cash+ was involved in trading securities. I wonder what does this mean? Are they saying that cash plus does FX trading? mmmh very interesting. I do hope that Cash+ explain to its members the current situation and the