Hi!
I just came across something that seems incredibly good!
It's a pension plan - but not like the ordinary ones where you have to wait until you are 60-70 years old until it pays...Here you only have to wait until the program has 100 000 members!
It costs 35$ to join, and when it pays out you get 55 000$!
(and included in the 35$ is a debit card )
I am not sure exactly how it works but something like this: they sign you up for the insurance, and then somehow "takes over" the right to the benefits when it matures, i.e. when you turn 60 something. In turn you get the 55K when the program is full. Since the owners are trusts and companies I suppose it doesn't matter to them to wait "for ever"
This is from the site:
The next step towards the completion of our business plan is that our organization pledge the pension insurance contract of yours for 60% of the face value of $200,000 giving a liquid assets of $120,000 to proceed further (please see the accurate calculations below). Out of this amount will be paid the single premium payment of member's insurance policy, worth $41,000 (the anticipated average premium of 34 years old person).
(Mortgaging the pension insurance contract is similar to property mortgaging when using the property itself as a collateral. The policy is a legally binding agreement given by a reputable insurance company.)
The most tempting item of expenditure from the member's aspect is the one-time Compensation of $55,000 paid out few months after the sign up and the closure of the program from new sign ups. On the very same date of the Compensation payout the Loyalty Program Rewards will also be processed and paid out (please see more details below).
On the very date the insured individual turns 67 and thus the policy matures, the insurance is paid in full for the Trust Partner. At this time the insured individual is not going to receive benefits anymore as he or she has already received the Compensation of $55,000, so there is no need to reflect on the program since you have received the funds.
After reading the site and the forum, I thought that the risk (35$) is worth it compared to the potential
(But I am lousy at doing DD so it's more of a "gut feeling". Please do your own DD!)
You don't have to refer, but if you do you are nicely compensated, plus we reach the 100 000 quicker!
PM me for a link!
(if you do sign up, make a note of the e-gold batch number as you will need it later in the sign up process. Also write your email in the memo field; after the referralcode already there)
/Karin
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Thread: WOW! Low risk, and GREAT profit!
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13-01-2006, 02:22 AM #1
WOW! Low risk, and GREAT profit!
Last edited by karinc; 13-01-2006 at 02:38 AM.
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