By Rachel Victoria, MSFS, former CFP
January 1, 2009
I hope you had a fantastic holiday season and are looking forward to a prosperous New Year in 2009! I am expecting great wealth in several arenas for our Passive Income Opportunities Members this year.
I try to make it a point to focus my attention on people, things, and activities that give me the greatest joy in my life, but sometimes you need to reflect on "unpleasant situations" that didn't work, so that you can learn from history.
So, I need to address the tragic Bernard Madoff fraud that recently occurred. (Pronounced "Made Off", as in, He "Made Off" with their Money.) If you haven't heard the story yet, here's a brief summary.
Madoff, a former chairman of the NASDAQ Stock Market, admitted that his investment Hedge Fund (part of his Investment Firm of forty one years) was just a Ponzi scheme and had fraudulently lost 50 Billion Dollars of their client's money. (Ponzi means he paid out former investor's alleged profits with new investor money). His fund received billions from other investment firms, seasoned financial experts, CEOs, CFOs, portfolio investors, charitable foundations, banks, celebrities, wealthy people from all over the world, etc., etc., for Madoff to invest in his Hedge Fund. The SEC failed to identify the fraud for a period of thirty years.
My heart goes out to
those who have lost their funds, life savings, and their faith in their former
friend. However,
This
type of fraudulent loss could never have happened with
Our
Passive Income Opportunities.
- You never give your money to a third party, so you could never be a victim of fraud or embezzlement when only you can withdraw your own money. You keep your money in a licensed brokerage account in your own name (or your corporate name), and never allow anyone else to access your funds. (A licensed broker may only place authorized trades, but the broker cannot withdraw a dime.)
- Your returns are all independently third party verified and documented by a) A third party licensed brokerage firm and b) Our gatekeeper screening company that has money in every service and every trade to provide additional confirmation of each and every trade. These independent sources are separate from the traders and their respective companies. In fact, the trader never even knows how much money you have in your individual account.
More Good News:
Our Passive Income Opportunities Verified Advisory Services had excellent returns for 2008. In the 6 Trading Services that were active for the full 12 months of 2008, we had approximate annual returns of 115%, 130%, 153%, 175%, 204%, and 250% respectively. (Please contact Travis for the detailed verified brokerage statements for each individual service.)
Not every service had a positive trading performance every single month. (Yet, you could still redeem your corporate credit payments due from your 100% liquid and accessible brokerage account at any time.) The best way to create more consistent monthly passive income, is to diversify into several trading services. For example, if you participated in 4 to 6 of the above Trading Services simultaneously, your monthly income historically would become much more consistent than if you only participated in only one service. (Ask Travis about "discounts for additional trading services".)
Also, if you need unsecured cash to get your Passive Income started (without good personal credit or without needing a personal guarantor) review our Corporate Credit Option 1, where you can obtain $250,000 to $500,000 in 12 months.
To learn more (if
not already here), please go to my website:
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