Internet income business verification - Net Income Solutions. Is it real?

[zobs]

From moral point of view, there are gorvenments invading other regimes to build their economies, there are mines making billions of profits while poor miners loose their lives everyday & poorly paid too, the list deepens too..... Does this stop investers doing business with them? How many people stopped using MTN after the IRAN scandal? How many people boycotted America and still do today? I know it doesnt make it right but from your point arguing you will find it very difficult to invest. because even banks in general are skimming u of your money, from bank fees to interest earned with your money. How much does Old Mutual make with your policy investment vs what they give u at the end of the month? The bank makes more with your 32 day notice account than what they give you....

Lets leave politics out of this. You choose whether you do this or not. Do your own research and make a call. I was only testifying it works. If I find out they are supporting some civil war somewhere in Africa, I would do what is morally correct and pull off. right now everone is speculating that they must be dpoing illegitimate business because of their returns. There traders out there who make over 200% profits a day from Forex or share trading, that doesnt make it illegitimate.

Mathebuj: God for us all and Man for himself( simple means no one is putting a gun on someone elses head forcing them to join, one does it because they know the riks involved).

[Darkangelyaya]

Darka What if he's been buyin points? remember he says he started with R100k, 1point = R100: R100k/R100 = 1000points x R2 daily earnings = 2000( profit earnings that he gets daily).
Imagine if he has been buying points 2000 points daily with his earnings from Nov12. It can be possible that he has made that R315k. I am standing to corrected.

This is what I meant with 'compound interest'. The point is that if he keeps on buying points with his earnings, he effectively 'locks up' all his 'profit' as well as his whole 'investment' for a period of 75 days. From today, and from tomorrow, and from the day after that, etc. This means that he cannot access his cash, and should the system crash, he would lose everything. If it's not cold hard cash in your hand, or (maybe) in your bank account, it's not yours.

[SSS100]

True, and I can't believe one can claim to have made money if its still not in your position...either under your bed or bank
I mean, looking at the available money on Internet system that u can not control is not something to be certain of
As much as I did join that program, I'm very realistic about the possibilities open to such types

[Blurock]

Buying points? What is a point? How do you manufacture a point? What do you do with a point?This is all smoke and mirrors.

Look at my earlier post and explanation of what a Ponzi scheme is.

[zobs]

This is what I meant with 'compound interest'. The point is that if he keeps on buying points with his earnings, he effectively 'locks up' all his 'profit' as well as his whole 'investment' for a period of 75 days. From today, and from tomorrow, and from the day after that, etc. This means that he cannot access his cash, and should the system crash, he would lose everything. If it's not cold hard cash in your hand, or (maybe) in your bank account, it's not yours.

OH well lets wait and see, but let us all not be negative towards the whole thing(The "SECRET" = IF WE ARE NEGATIVE, WE ATTRACT ALL THE NEGATIVE ELEMENTS)

[Blurock]

OH well lets wait and see, but let us all not be negative towards the whole thing(The "SECRET" = IF WE ARE NEGATIVE, WE ATTRACT ALL THE NEGATIVE ELEMENTS)

...and if you keep sticking your head in the sand and ignore the fact that this is a Ponzi scheme, you will end up losing all. Get out while you can.

[SSS100]

Fully agree with blurock, and its what I did.
Took a chance, got my money bak with whatever small return n went out
Otherwise I stand a chance to lose even that small money I made, there's no way of telling when this thing will collapse

[Dave A]

Mathebuj, what do mean when you say, you lost your cash deposit after 75 days( Are you saying you lost the 100K you started with?) please ellaborate.

I think I can clear that one up.

You put in R100k.
The headline interest rate advertised is 2% per day, thus arriving at R150k, but further down it states that this includes your original capital.

Ultimately it boils down to you get 50% growth on your capital over 75 days.
At least until the scheme collapses, or gets bust, or the big boss does a runner with everyone's money.

Mind you, the way it's presented does raise an interesting point, though.

Technically, the day it stops - If you'd put in R100k the day before, the scheme only owes you 2% of that i.e R2k. You wouldn't be able to claim for the R100k you put in...

Food for thought!

[Mathebuj]

Alexander Forbes manages pension & provident funds for some of the big employers in SA. My employer also uses them. They also use a point system. Your monthly deductions buys you points on their pension scheme at abt R250 a point. And the total number of points earns u certain returns a month or per year. A point is treated similar to a share but mainly an administration mean to know how much interest is due per person. They take ur money and invest in shares, forex, property or even bonds...

Buying points? What is a point? How do you manufacture a point? What do you do with a point?This is all smoke and mirrors.

Look at my earlier post and explanation of what a Ponzi scheme is.

[Mathebuj]

Honestly speaking, there are risks in a lot of business ventures today. The advise I always give people who want to try this scheme is to only put money they can afford to loose. But then, you withdraw all your daily earnings for the first 2 months in order to get your capital back. This is easy given that you should be making 50% earnings per month. You can then use the last 25 days of the 75 days to compound your earnings to keep playing to minimise risks as clearly mentioned by other members on this forum. But obviously you still have the first 2 months which your risk is higher. However, this scheme was not started yesterday but has 2 years or so running, so you could take comfort that no one has lost their money since, so maybe you wont loose yours. If that is still way too risky for you, then you simply dont participate.

[IanF]

@Mathebuj, looks like you are aware of the risk. Is there a risk if this fails that you will have to payback what you have already banked?
I seem to remember with one of the pyramid schemes this happened but I can't be sure.

[IanF]

OK I found a link to refunding pyramid scheme payouts. Link
"If an investment looks just a bit too profitable, tread very carefully - you risk losing it all!"

[Mathebuj]

I cannot tell everyone that this scheme is not a ponzi or it wont collapse tomorrow or next month as I dont work for Net Income Solutions. However, I take comfort that i know people who have been part of this since January 2012 and up to today, they still making their 50% profits every 75 days. Maybe it will collapse someday, but even if it does I wouldnt loose anything given I have withdrawn more than I put in. If you new and think of trying, you need to get over the fact of loosing your money before you cash-out your capital. The other side of the coin is obviously about what if it never crashes? You might feel that you waisted an oppotunity to make easy money. All you can do is to be cautious about how you see it and all is up to you. We humans and we view risks differently and some are scared of tking risks than others. Some people started with R4million others R1million into the scheme, while other cautious individuals only R100K and others a lot less. so its up to you....

[Mathebuj]

@Mathebuj, looks like you are aware of the risk. Is there a risk if this fails that you will have to payback what you have already banked?
I seem to remember with one of the pyramid schemes this happened but I can't be sure.

Am fully aware of the risks. The same way am aware of the risk of the banking indusrty collapsing one day with lots of our money. The same way am awre that even buying shares from blue chip companies might result in me loosing all of my money. I just dont think there is a risk free investment unless you keep cash in your house, oh wait, we in SA where crime is high, even that is way too risky.

[Citizen X]

Honestly speaking, there are risks in a lot of business ventures today. The advise I always give people who want to try this scheme is to only put money they can afford to loose. But then, you withdraw all your daily earnings for the first 2 months in order to get your capital back. This is easy given that you should be making 50% earnings per month. You can then use the last 25 days of the 75 days to compound your earnings to keep playing to minimise risks as clearly mentioned by other members on this forum. But obviously you still have the first 2 months which your risk is higher. However, this scheme was not started yesterday but has 2 years or so running, so you could take comfort that no one has lost their money since, so maybe you wont loose yours. If that is still way too risky for you, then you simply dont participate.

Therein lies your problem!! You not an accredited and regisitered financial services provider but you are giving finacial advise!! This is actually illegal!! You must be an accredited and regisitered financial service provider to advise anyone in SA on any financial matter whatsoever!!!! Let me retract that momentarily: Are you as Mathebuj an accredited and registered financial services provider???? If not why are you giving financial related advise????