Henry Gordon Update

Recently, Henry Gordon Group announced that their accounts have been changed due to security reasons and that deposits on old accounts starting from 21^st June 9 am will be considered void.

Quoting the Henry Gordon official website:

21 June 2008

For security reasons our accounts have been changed

For security reasons our accounts have been changed.

Liberty Reserve account changed from U2218124 to U0132063

e-Bullion account changed from E44385 to E71352

All NEW deposits to OLD accounts will be void from 6/21/2008 9:00 AM

The way they handled this particular announcement impressed me. Here’s a screenshot from my Liberty Reserve account.

(click on the image for a bigger display)

Now: Henry Gordon payment update:

Between the last post and now, nothing has changed the way I think about Henry Gordon group. They delivered what they promised and never missed a payment. I took the liberty of putting in another test investment, and like the last investment, this one pays too.

Here’s the complete screenshot of their payments over last few days.

(click on the image for a bigger display)

Read More

Invest with Forex

In my quest to find new paying reliable HYIPs, I stumbled upon this program named "Invest with Forex" and it has been paying me daily for a few weeks.

Here's the payment screenshot for this program:



you may check it out at :

Invest with Forex

I will be writing a detailed review on Invest with forex soon. Stay tuned.

Read More

Tax and HYIPs for US residents

For the US residents, reporting HYIP income in taxes is a real issue. Exactly how to report the HYIP income is an open ended question and there are is no definite answer to it. Some people do not report their HYIP incomes thinking it will send up red flags for audit. But it is a safe practice to report income. How to report an HYIP, however, is the real question that needs some discussion and thought.

It is not prudent to report HYIP income as HYIP income unless you are sure that it is US. Securities and Exchange Commission (SEC) approved. If it is approved, then it is a normal investment and not an HYIP. HYIP income can be reported as Self Employment, gambling, gold investments etc.

The taxable income for one tax year is what coming out of e-gold/e-bullion/Liberty Reserve or similar accounts minus what you put in them. If you did not have any profit for one year, then it is possible to claim loss. It is important to remember to deduct all other fees both ways such as bank wire charges, e-bullion/e-gold charges as the cost of income.

Some people report HYIP earning as capital gain on investments just because they can offset their winnings against losses in the 1040 form, while others report it as gambling income. If the income is big, then forming an LLC might be the way to go.

Just keep in mind that is not a financial advice and I am seeking for answers myself. It is just the information I gathered from forums and discussions. I found it helpful, may be you will find it helpful too. Please leave a comment if you have anything to add. Constructive criticism or pointing out mistakes always helps. It might be a good idea to discuss these matters with a certified public accountant.

(Pictures taken from: www.whittiertrust.com and www.cpashah.com)

Read More

Investing in HYIPs with gold? a good idea?

Take a good look at the value of gold now, wait for an hour and check it again. They will not be the same. With the gold value fluctuating this much, I do not understand why people invest in HYIPs with gold?

With the increasing world demand for gold, falling dollar value, increasing oil price and various other reasons, the value of gold is on the rise. This makes investing in gold a great idea. But investing with gold might not be the smartest thing to do.

How can anyone possibly use gold for transaction when gold’s value changes almost every hour? Whatever I invest in E-Gold or E-bullion might not have the same value an hour from now.

What if I intend to invest $1000 and I backed it up as gold. After an hour the price might drop to $900 since $100 drop is not so uncommon anymore when it comes to gold value. Similarly, $100 rises in an hour is not very uncommon either. And that is 10% return on investment which I am willing to bet is more return than any legitimate HYIP that you will come across can provide.

(picture taken from : www.monex.com)

Read More

Template change

Hello everyone, Lately I have been a bit busy with a college project and I have not been able to spend too much time on the blog. Well, I am back with a new template. Last template was all white, and I felt my blog needed more color (colour for you english folks) .

I hope you all like it. More posts (informative ones) are coming soon. Thanks for wasting a minute of your life reading this almost pointless post.

Read More

Ferrum Forex group LLC Payment reports.

After posting the screen shots of my other programs that I listed in my "paying programs". This was the only program that was overlooked. So, I decided today to post a few screen shots regarding Ferrum Forex Group (FFG) .

I have already posted my personal review on this program. The screenshots below are only parts of my entire payment period.






Overall, I am pretty happy with the payments of this program.

Read More

Alcoholding Inc payment reports.

Ever since I posted the screen shots of the payments I received. I Have been wondering if I should do it for all the programs that pay me. It will throw in some credibility to my posts. In the shady world of HYIPs, credibility is the precious word. From now on there will screenshots of my test results on programs that are on the paying list.

Here goes the screen shots of my earnings ( well atleast a part of it) for Alcoholding INc


Nothing is quite complete in the world of HYIP till your withdraw requests go through and you have a balance in your e-currency account.

Here goes the screenshot of the processed withdraw requests.



They were fast and reliable, and hence the top ranked program in my list. With that said, there is no way of guaranteeing that you will earn money in HYIPs. There is a chance that you might lose all your investment. Invest judiciously.

Read More

Angel Capital LTD Payment Reports

Although, the customer service of Angel Capital LTD has not been the best, they never failed to pay me.

It took time, they never answered my emails, but they paid me as they promised.

Read More

Henry Gordon Payment reports.

Ever since I invested in Henry Gordon, I have always been paid. I have been claiming that in my blog for a while now. So, I thought I will provide with some proof.

Here's the screenshot of my Liberty Reserve account where Henry Gordon pays me daily.



Hope this helps..

Read More

Online FOREX trading

The word FOREX stands for Foreign Exchange and it is the largest financial market of the world. By the end of year 2006, nearly $2 trillion was being traded back and forth everyday all around the world. Governments, banks, international corporations, hedge funds and individual investors take part in market daily.

There are many advantages of a FOREX market.

The market size of forex is humongous. What does it mean for an individual investor? The answer is simple, with the market being so huge, there are many traders out there. There are a lot of people ready to buy your currency, or are willing to sell theirs to you.

The market cannot be manipulated, and hence individual investors get fair bargain.

With the advent of online of Internet forex trading, it is easier to trade than ever. Anyone can start trading in FOREX with as low as 1 dollar. It does not have to be a full time job. It is open to Students, Businessmen, Corporate Slaves, Entrepreneurs, Housewives and everyone under the sun. (Even a caveman….)

The profit potential is promising. If the US dollars is going down, you can make money by selling it, If the US dollar value is going up, you can make money by buying it.

Let’s face it, Tax is poo. The tax advantage of FOREX market over stock market is noticeable.

If you make $100 profit in stock market you pay 33% in taxes

(Assuming you know math.)

$100 * 0.33 = $33 in taxes

If you make $100 profit in FOREX,

Portion taxed as short term capital gain: $100 * 0.4 = $ 40

Tax you pay on it: $ 40 * 0.33 (darn it! I had to use calculator here) = $13.2

Portion taxed as long term investment gain: $100*0.6 = $60

Tax you pay on it: $60* 0.15 = $9

Total Tax you pay is $13.2 + $ 9 = $22.2 (now compare it to $33)

For all the night owls out there, FOREX market is open 24 hours a day for more than 5 days a week.

And lastly, you pay no commission.

With the advent of internet, this market is even easier, as already mentioned above.

Start trading with as low as $1, without putting too much time on it..

How? Here’s how

1. Open an account for FOREX trading …where? Google it (duh!)
2. Check the tendency of foreign currencies
3. Buy 4 to 5 different currencies
4. go on with your day
5. At the end of the day, if you had sound market observation skills, you will have gotten the money you spent on lunch today.

Read More

Online Stock Trading

Trading stocks has never been easier. With the ability of buying stocks online, more and more people are investing in stocks online. The new online opportunities provided by the brokerage firms, have replaced the old traditional methods that involved stockbrokers and personal phone calls. It is easier to invest for people who have never invested in stocks before. The tools and detailed analytics offered by many brokerage firms have made things painless for everyone in front of computer with internet connection.

There are not too many things to learn about online stock trading. Opening accounts with brokerage firms and starting to trade is just a ten minute deal for any average computer literate investor. Once the brokerage account has been setup, you can buy any stock you want and start trading without any hassle.

Stock trading, as always is risky and therefore one should gather all the information they can about the company they are about to invest in. In the end, even with the ease of investing, the rules of making profit remain the same.

Knowledge is power, in this case wealth.

Read More

Henry Gordon

Henry Gordon is the first program I invested in that pays directly to E-currency account every day (in this case, Liberty Reserve) without any request to withdraw. The program, so far has been paying me regularly and has never missed a payment

It is also the first program I have seen which does not need a user to open an account with the program and I am not sure if it is a good or a bad thing. Although their ways look a bit strange, they seem to pay well.

The four investment package rates depends on the amount that is being invested.

1. Plan Basic : 3.35% Daily for 50 days (working days), Minimum investment: $10. Return total: 167%

2. Plan Advanced: 5.25% Daily for 40 days (working days) , Minimum investment :$500. Return total: 210%

3. Plan Pro 6.15% Daily for 35 days (working days) Minimum investment $2,000. Return total 215.25%

4. Plan Extra 7.25% Daily for 30 days(working days) Minimum investment $10,000. Return total 217.5%

It is a paying program that has high returns, and thus, is worth a try for me.

Quoting the official Henry Gordon website:

Jeffrey Henry and Alex Gordon founded Henry & Gordon Group in 2001.
Prior to opening HGG, Jeffrey worked as a personal financial advisor with clients nationwide to deliver financial planning solutions and to manage their assets. He supervised a team in auditing and preparation of financial statements.
Alex Gordon worked as a tax accountant and financial planner.

In 2001, Jeffrey and Alex put together a team of experienced investment advisors, skilled market analysts, professional traders and legal experts. Each member of HGG team is a professional who has extensive experience in the investment and trading industry.

Jeffrey: "At the beginning we were operating just as financial advisors for our friends. First investment money came out of own pocket. Then other investment companies started to use our investment management services. "

Since 2003, HGG operates as an independent investment company whose sole business is the management of private equity funds. The first significant results of HGG as an independent investment company were in the first quarter of 2004.

Alex Gordon: “We always thought that individual commitment to a group effort is one of the key elements of our successful investment performance. HGG is dedicated to helping clients simplify their financial situations and answer important financial questions to achieve peace of mind.”

Today HGG has a wide array of expertise in the investment world including real estate, oil production, Forex, stock and commodity trading. Being proficient in a range of fields allows us to achieve our three main investment goals: higher yields, diversification of assets, and the minimization of risks.

We do not claim the highest yield rates available online and this has never been our primary aim. What we considered most important is that we are able to deliver stable continuous profits to investors.
Safe and secure approach, professionally make investments with due diligence allows us to deliver positive returns in any market conditions!
At Henry Gordon Group, we have always strived to ensure that our investment offer is accessible to everyone.

Therefore, we have decided to launch this internet project in order to attract external investors from all over the world.
Our experienced staff of investment professionals will offer you a comprehensive broad range of investment products, which help you to attain your investment goals.

Read More

Read More

Ferrum Forex Group LLC

Ferrum Forex Group LLC or better known as FFG is a Forex trading HYIP program that offers two attractive investment packages

Standard Plan

• 1.8%-2.3% fixed daily interest
• Investment term - 63 days
• Interest is paid on trading days (Monday to Friday)
• Minimal deposit is $3.50
• Maximum $10,000 per deposit
• Fast withdrawals! All withdrawals are processed within two hours
  after the request
• Principal is returned back to investor
• Compounding is available
• 10% first deposit bonus

Premium Plan

• 14%-19% fixed weekly interest
• Investment term - 9 weeks
• Interest is paid once in a week
• Minimal deposit is $20.00
• Maximum $10,000 per deposit
• Fast withdrawals! All withdrawals are processed within two hours
  after the request
• Principal is returned back to investor
• Compounding available
• 15% first deposit bonus

My experience with FFG has been sweet so far. I invested twice in this program and I have always been paid daily with out a miss for well over a month. My second investment is in a premium package and my weekly payment has come through smoothly. The compounding in this program makes it a highly attractive program.

Another thing I like about the program is the security feature and the classy website. My account was locked for the second time now as a security measure because of wrong password trials from my end. Although, it is annoying, I feel safer knowing it is not going to be easy for someone to get into my account. It says a lot about a HYIP program. FFG looks like a good place to invest in, although the compounding and huge returns make it look a bit odd

Here’s a screenshot of FFG advanced calculator on how $500 investment can give huge returns after 9 weeks in Premium plan and 100% compounding.

But, as always it is better to get the principal back before investing with 100% compounding. FFG is a HYIP which means there are risks involved. Invest wisely.

Read More