Yesterday, I could not access the site for Invtex… While most of the forum has graded this HYIP to be a good program the current development on Invtex site now prove to be showing otherwise.
No clear explaination as to what happen to the site. Some say Invtex are doing a server maintenance some say that the site was DDOS attacked. ( I don’t know what that means something to do with hacking) Whatever it is, all site have put this program in ‘Problem’ status.
I am licking my wounds with HumanLifeProfits at the moment. The sites is still up. But withdrawal can not be done. Sighh….
So to make myself forget about what is happening, I thought I try to do something creative like creating a page call banner galore. It’s not much of a galore at the moment. I hope to slowly add more and more banners. Just for the fun of it…..
Can’t really understand some sites that flashes banners. They say banners adverts are going to die or be extinct soon because it just hurts the eyes too much and they say it creates to much attention from the main content of the site. But I don’t think it’s going to wipe out from the face of the internet anytime soon.
So just fooling around with the banners.
Sigh….
HumanLifeProfit program got the better of me………… It seems that HLP has not been paying their members. No wonder the withdrawal against deposit ratio was small.
The admin must have swindle the difference and that is a lot of money. Almost $200,000.
Warning alert
If you have read ‘Ponzi Origin’ and start to believe that all HYIP are ponzi and should not take a second look at HYIP. Then let me tell you of another interesting piece of history about the first ever recorded history of a legitimate High Yield Investment program.
This is the Warren Buffett’s rendition of a High Yield Investment program.
Now everybody knows the name Warren Buffett, and in some ways if you look at it he runs a huge HYIP program. Buy his Berkshire share and he will make you very rich. Don’t take my word for it because Warren Buffett never declared that he will make you rich if you invest in him.
Anyway, a short history about him. Born in 1930 in Omaha, son to Howard and Leila Buffett. He was a genius with numbers. He started his first entrepreneurial escapade when he was 13 when he bought a pin ball machine and set it up in a barbershop where he grew the business to own seven machine taking in about $50 a week then.
As he grew up he was involve in various entrepreneurial escapades, such as buying recondition cars and renting it out. He was taken by the book he read by Benjamin Graham ‘The Intelligent Investor’ that after he graduated from college, he went to New York to study with Benjamin Graham. In 1956 when Graham’s company with disband, Warren Buffett had already acquired the knowledge needed for him to make it in the financial world.
So he when back to Omaha and started to form a limited partnership of seven people all whom where either friends or family and raise up about $100,000 in capital. That was a very big amount than. He promised them 6% per year on their capital on top of that 75% of the profits made by this partnership while he would get 25%. Over the years (13 years or so) he was able to compound the investment at a rate of about 30%.
So for 13 years he was able to live out his promise and when his capital was big enough he was able to buy Berkshire Hathaway. In 1969 he dissolve the partnership because he knew the market was too speculative and then started to concentrate more on growing the business of Berkshire Hathaway.
The rest of the story can be found in numerous books about him. But the short of it is that, the idea of pooling in capital or money in return of big returns is possible. If only we can find the right one.
Another point to note is that, even legitimate ones like the partnership Warren Buffett formed only lasted roughly about 13 years. So don’t expect to invest in High Yield programs and retire from it.