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Minvestment.com another hot HYIP people are talking about

January 24, 2008

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Jamaica- Minvestment.com is another forex trading, online investment company headquartered in the British Virgin Islands. It’s what is classified as a High Yield Investment Program(HYIP). They offer 1.4% - 1.9% daily interest on your money, using the progressive compounding method. Your initial investment is locked in for 150 business days or 7 months, then you can take your principal and interest out and skip along merrily to the bank.

Here is how it works. You go to minvestment.com and open an account, while there you’ll be asked for an egold.com ebullion.com account number. I chose e-bullion.com. Signing up at e-bullion.com, the sister site, is the way you are going to send your initial investment your minvestment.com account. Once you’ve got your account number, go back to minvestment.com and type it in to complete your account registration. You will get emails with confirmations and instructions from both minvestment.com and e-bullion.com. Read and follow them. Make sure you select progressive compounding as your investment option when signing up at minvestment.com


Here’s how much they say you’ll make.
Check out their compound calculcator on minvestment.com. It will show you how much your initial investment will yield you after the 15o day lock in period.
Example 1 . Initial Account Principal: $100.00, Final Account Principal: $11,605.09
Example 2: Initial Account Principal: $500.00,Final Account Principal: $77,982.51

And no you didn’t read those figures wrong. I heard about this one over the Christmas holidays and it already has tongues wagging and people signing up. I’ve always said to myself and others, only invest what you are prepared to lose. I invested US$400. And with Jamaican’s love afffair with all things forex trading and high yieding, this one is bound to grab their attention in droves once again, as their appetite for risk has certainly increased. So let’s see what happens in a couple of months.

Make money in Forex trading, guaranteed

January 2, 2008

mti-traders1.jpgby David MullingsMark Twain famously said that when everyone was digging for gold, you should sell shovels and Levi Strauss is the perfect example of someone who became wealthy from selling to the gold diggers rather than joining them. Forex trading has taken Jamaica by storm in the last 2 years and one company has been taking Twain’s advice to heart.Many people immediately think of Olint but it really is MTI, Market Traders Institute, based on Lake Mary, Florida (near Orlando) that has brought Forex trading to people. I first heard about MTI when a friend of mine, Dominic Azan, told me he was working for the same guy who trained David Smith and they were going to open an office in Jamaica to offer training to people who wanted to learn. He is a Sales Manager for MTI in Jamaica and the Gleaner quoted him earlier this year as saying that over 1500 people have taken courses (up to August). These courses cost US$2,750 so you can do the math.That is the first way to make money for sure - sell training courses.Recent Related StoriesJamaica’s alternative Investment Schemes would be illegal in the USADavid Smith’s Olint partners with iTradeFX in a US$100 giveaway to JamaicansCashing in or Crashing- Cashplusinvestment.com is forex trading n investment club central

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Jamaica’s alternative Investment Schemes would be illegal in the USA

December 3, 2007

cashplus-final2.jpgby David Mullings

I attended a Jamaica Investment Symposium yesterday in South Florida and one panel included George Roper, Deputy Director of the Financial Services Commission (FSC) and Antoinette McKain, CEO of the Jamaica Deposit Insurance Company (JDIC).

The audience wasted no time during the Q&A segment to ask the questions many want answers to. The first question was roughly:“I don’t like the word ’schemes’ to describe these, I call them ‘opportunities’. Are these ‘opportunities’ operating illegally and if so, then shut them down, if not, leave them alone.” The answer was very clear - The FSC pointed out that it describes Credit Unions as “collective investment schemes”, there is no negative connotation with the word “scheme” when they describe any financial company. Read more

This week in Foreign Exchange Trading and Jamaica

November 30, 2007

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Foreign exchange trading online and through investment clubs has been hot, hot news once again this past week, the controversy, the players, the self taught traders, the investment clubs are not going away right now, so we’re following it all. Here are the top stories this past week on eToro, Onlinefxtrading.net and Cashplusinvestment.com. 1 eToro gets a huge write up on Techcrunch. With the headline eToro Makes Forex Trade Child’s Play Techcrunch wrote “Israeli eToro is taking a novel approach in simplifying Foreign Exchange (Forex) trading by packaging the complicated concepts involved in trading one currency against another, in fun non-threatening wrappers. Just how big is Forex trading? Try an estimated $3.2 trillion in daily turnover—that’s ~35 times the average turnover of the NYSE. However, unlike stock trading which has been generally adopted by the mainstream, Forex trading to date has been mostly marginalized to professional traders. eToro wants to change all that. Read more

The Forex Fever Growing and Growing in Jamaica

October 9, 2007

Jamaica-We’ve written three posts on online forex trading in Jamaica and the Caribbean and by far they represent 3 of the most read posts on SiliconCaribe. As a result of that we’ve been send a lot of information on fxtrader personalities, investment clubs, self taught traders and trading platform companies positioning themselves for the Jamaican market.

What we heard of recently. Investment Clubs. There is f1investments which is a group of Jamaican pilots some based locally and others in Dubai, they put in their own cash as well as accept members and submit the money to Olint trade on their behalf. I know someone who’s been with them for 4 months and they’ve been averaging a monthly return of 9%.

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Grace Cheng- Online forex trader and personality

September 28, 2007

grace-cheng.jpgJamaica-In my own quest to know more about online forex trading, living in Jamaica, where the forex trading subject has left the country polarised. I found gracecheng.com a person and site recommended by John Chow, an influential blogger I read regularly.
Grace Cheng is a online forex trader and educator, very successful and has written a book about online forex trading. What I find interesting about her story, her site is that there is no hardsell, typical of American styled educators we’re used to here in Jamaica. When you read her profile, her trading and personal philosophy on forex trading, it’s almost zen like, yet shrewd.
She takes the edge off the aggressive in your face guys some of who try to sell you on a get rich quick scheme. Is she genuine, maybe and hopefully or maybe this is her slick marketing angle, who knows, but at least I don’t feel dirty when I leave her site, like someone’s been breathing all over me with a hard porn like sell. I’ve bookmarked her site for further reading. Check her site and tell me what you think.
Previous Forex stories we’ve written
Is the online forex fever, the 90s day trading disaster in waiting
Capitalor-Swedish forex company targets Jamaica
Selftaught Jamaican forex trader charts his journey to forex riches

Is the online forex trading fever the 90s day trading disaster in waiting?

September 27, 2007

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Jamaica- Jamaica leads the island in the forex fever. It was started by Olint, being fed by the Ceo’s training entity, MTI traders. And no they’re mushrooming investment clubs, forex trading platforms service. Since running the stories “Jamaican online fx trader blogs his journey to fx riches and Capitalor-Swedish forex company targets Jamaica. The Ceo Interview” the response has been fast and in a flood. We’re still sent new information daily about investment clubs and other companies targeting Jamaicans. There’s Worldwise,f1investments.com,a3union.com.

Why is Jamaica such a hot forex target? Read more

Self taught Jamaican Online FX Trader Blogs His Journey To FX Riches

September 21, 2007

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Jamaica- Online FX trading made headlines in Jamaica over the last two years. Traditional investment companies heard a giant sucking sound from their accounts, Jamaicans it seems had acquired a taste for higher risk investments and were running to give their FX cash to the David Smith-led company Olint.The rush and gush caused regulartory and legislatory stir about this referral based fx trading investment club, that led the company to move quickly and set up in the more welcoming Turks and Caicos Island. They now have over US$500 million under their management. Read more

SPRAWL TEES: MY FACEBOOK SUCCESS STORY:SALES UP 80%

September 17, 2007

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Kingston, Jamaica-My cousin who is 25, hip and in the know had been harassing me for months to go on facebook, I was already on myspace and hi5, and had my own blog, so it seemed a bit useless to be on yet another networking site.

One day I decided to try it and have been hooked ever since. It has allowed me to reach a market that I would not normally reach. I am in my late 20s and don’t party as much as I used to, especially now that I have my own business.

With facebook, I have gotten to people in the target demographic ages 15-25, people who are in school, and most who don’t yet drive. I have a delivery service so I take the goods to them rather than they come to me.

WHAT I DID: Read more

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