NSFG - update

As I understand, NSFG were having a good month and were nearing double figures, then one bad day on wednesday, where all their stops were hit in one nasty swoop sent us back to break even. I understand this is the final figure for the month +0%. Oh, well, disapointing but that is the reality of trading. Lets hope for a better month in May.

MPDW - Oh Dear

The MPDW situation has been contraversial recently to say the least. Last week it got a whole lot uglier, too. They claim to have had a terrible week of trading and lost all of their reserve fund. This will undoubtidly give plenty of fire power to the people who think they are a ponzi. They claim to have a plan to attempt to resolve the problem, personally I have written this program off completely. It was a bad choice on my part. I now know I should have got out when they broke their promise to provide proof of trading. I certainly have learn a valuable lesson here. Thankfully, I did plan to invest more gold into the program but I never did, due to all the controversy. I am very glad I didnt. They were only a small part of my portfolio, so it won't hurt too badly. Avoid this program AT ALL COSTS!

Forums

I have found forums very helpful for learning about investments. Over the past three months or so, some of the veterans have assisted me quite a lot. I am now in a position where I have a little to offer to newbies. I like to try and help where I can, as other people helped me a great deal, give and take. I thought I would add a forum section to my blog to tell others which forums I like. My favourite is definately hyipdiscussion, I find the people there very friendly, helpful and knowledgable and it is mainly orientated towards real investments, mostly backed by forex trading rather than fraudulent ponzi schemes. This is certainly to my personal preference. Other forums I like are Gold-horizons and Goldentalk. The biggest investment forum I am aware of is Talkgold. They are very good if you like to put your money into fraudulent ponzi schemes, as much of the focus at talkgold is about ponzis. This is not to my tastes, but each to their own :-)

MPDW

I recieved my MPDW withdrawl this time. Although their recent actions have been very unprofessional and annoying, they are hstill paying so that is something. I am hoping they last long enough for me to get my principle out at least. In this arena who knows, I'm sure there will be many more twists and turns with MPDW in the future. I requested a withdrawl for 3 units this time even though i have nearly 4 units in my returns balance. The reason I left some in is because if profits are 3% per week, that would be around 0.6 units profit, for the amount I have invested. In a month that would be about 2.4 units. The minimum withdrawl is now 3 units. So, hopefully with having a little surplus in my returns balance will allow me to meet the minimum withdrawl next time and maybe the time after that, by this time I should have most of my principle out, fingers crossed. When I started with hyips, MPDW seemed one of the most transparent, honest programs out there. Now they seem highly evasive and appear not to care about keeping the members happy. Programs like NSFG are infinately more transparent and honest. The returns for this week have just been anonouced, 3%. If they are actually trading, they must be making very good returns to be able to pay us such returns. I have added MPDW to my "other programs I have joined" list, but I have not put the referal link in, as I do not recommend anyone join them

Udachu Invest

I have been looking into udachu and the various oportunities that they offer from a distance for the past few weeks. It seemed a little confusing at first, but I seem to have grapsed what they all about. They are a company based in Panama. They have an investment fund that I understand started towards the end of 2005, they claim to have a diverse portfolio with a variety of different risk investments. Returns are currently fixed at 8% per month with a quarterly bonus. In February they began a Managed accounts service. I found this very interesting as I have not been able to see any actual proof of how they generate their returns. From reading the forums, a few people claim to have been to their office in Panama and been presented with as much DD information as they wanted. This all sounded very encouraging. The minimum for a Managed account is $10k, quite low for an MA. The Udachu fund has a $1k minimum. I do not feel comfortable enough yet to put $1k into the fund. I was very interested to see Udachu have introduced a new program called "Udachu Invest". As I understand, this is a forex trading pool. The minimum investment for this pool is only $100. I had $100 in my egold account from FX-Experts payments so I decided to give Udachu Invest a try. I am going to watch it closely over the coming weeks and see how things go. If I am more comfortable I may put more into this one.

NSFG added to feederfund?

Good news for anybody in Feederfund who missed out on the NSFG entry deadline. Paul from NSFG mentioned in his last email that Matthew Calder from feederfund could add NSFG to their list of investments. March returns should be imminent.