NSFG August Result

Overall a solid month for NSFG. I understand they had a great first week of trading and were around 6-7% up, so they locked 5%. It seems the next week they traded went pretty well too and they were quite nicely up, but then last week didn't go so well and they lost everything after the 5% lock in, so 5% is the final figure for August. I am happy with this, I believe this is one of the very very few online investment programs where it would be wise to even considering thinking long term. Returns are going to be lower than they were last year as they are trading in a more conservative manner but this may make many people feel more comfortable about investing a larger sum of money or even opening a managed account. Just think if they averaged 5% for many years and you started with a tidy sum of money, you would be smiling at the end. Assuming 3.75% monthly average (5% minus the fees) if you started with $10,000 and left it in for six years it would be worth around $140,000. Also, you would hit the Managed Account target of $25k in around two years. Of course in reality you may not want to compound for so long, you may wish to invest in other ventures or diversify into other Managed Accounts or just go and spend it all but this just outlines the fact that you do not need unrealistic daily returns to get there and I feel a more conservative approach to online investing can be more profitable in the end. Maybe $10,000 is too high for you at the moment, you can always start smaller, it will take longer but you have a good chance of getting there. Most people who play ponzis lose most or all of their money, I think this is a better strategy, don't you?