@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.
@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.
Only stress when you can change the outcome!
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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!"
Only stress when you can change the outcome!
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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 Maybe it will collapse someday, but even if it does I wouldnt loose anything given I have withdrawn more than I put in.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....
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.
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????
Last edited by Citizen X; 22-Feb-13 at 02:36 PM. Reason: my spelling sucks!
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@vanash; the forum requires people who have done this to comment on their experiences and views on the matter concerned. If u view my experience as official financial advise service to the public, then u wrong. Otherwise the originator of this topic which is a financial topic should have indicated that only accreditated financial advisers should comment. What is flawed abt my advice anyway to a friend who asks me abt how to avert risks in a scheme am participating in?
Full of assurances.
Interestingly worded unsolicited denial.
Uses FOMO.
Escalates the numbers.
And has previously demonstrated very intelligent rationalisation on the subject.
You certainly seem to have the tools - Any chance we're communicating with the mastermind behind this little enterprise here?
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Hi Dave, I think I prev indicated my request to have the post blocked if its causing inconvenience or misused in anyway
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This thread now getting very interesting...indeed!
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