Thread: Global Pension Plan

Originally Posted by moncheri

OIC, well it is good to be cautious,... unfortunately I live on the edge!

It is sad obviously and courageous of you to admit your actual state you live through and to share with strangers... don't worry if you plan to change and improve and seek a better recourse... you will get further away from the "edge" u're still feeling to be in.

Chin UP Moncheri... there are many duped members now returning with a new determination to help others like you to see the light of day and realize, those out there will not be that successful like before to con members like you too "living on the edge" into programs that simply does not add up...!

Cheers and stay in track... and all the best starting with 2008!!

hey yogi,

I don't mean to say edge in a pitiful way.. I hope! I mean I must be a risk taker is all............................................... .
kapish? thanks for your concern though...
cheers~*

Originally Posted by moncheri

seriously?.... Actually there is another one I am wondering about... and that is this one...! It's $17...
Red Tape Marketing

If you buy it let us know how it worked for you... I might beat you to it!
...............

Did a quick search on both of these and they both look like ripe offs to me.
They have been around for a few years. Seems to me if they did what was advertised everyone would be doing it.
Thanks

you are probably right! There has got to be something out there, though...

I am from India
Can I also join this program

Originally Posted by moncheri

you are probably right! There has got to be something out there, though...

Thats why I keep looking but so far all have been way less than stated and I loose yet again.
Good luck. I most likely will send my info to GPP also.

Did anyone get the email about Forex Killer from rolclub yesterday? I'm not sure if it was really from rolclub or not. thanks~*

I think the announcement of having to provide your personal banking information is nothing more than a decoy to continue to sell more policies before they take the final powder. Many are now saying they are going to wait for the banking solution that GPP floated as being worked on. By the vast majority of people opting for this solution, they do not have to worry about making excuses for not paying, buys them more time to sell additional policies, and by the time they have to announce the "alternative banking solution" they were working on fell through, they can take their leave.

For those that do send in their banking information, some may get paid just to give this the air of legitimacy, and to sucker more people into buying more policies. It also keeps those who elect to wait for the alternative banking solution happy and thinking they are going to get paid. Won't be long until we know if my scenario is accurate or not.

Of course the site is down again, but at least this time they say it is for maintenace. Funny how the site goes down for maintenance, but they can't let the membership know in advance. All the companies I do business with give me an advance E-mail notice so I can plan accordingly. Guess they don't think it is important to provide "customer service." Another good way of shutting down, and people just thinking the site is down for maintenance before realizing they are gone for good.

If we get paid, how do we declare the income for tax purpose? Also, which kind of supporting documents would we send with the tax return? I would appreciate any insights.

It depends on what country you live in as to how you will be taxed, and what supporting documents you will need. First you are assuming you will get paid. So if you live in the U.S., you will not be taxed at your normal income tax rate. Instead you will be taxed on a lump sum payment, which is about 40-43%, if it does not qualify as a short term capital gain. It is not earned income, and this is what your normal tax rate is based on. Since this is "supposedly" invsetment income, you could be taxed at the short term captial gain rate, but that is provided this meets the criteria to do so. You would need to speak with a CPA or an Enrolled Agent accountant for the definitive answers, and what documents you will need. If you do not live in the U.S., then again you need to speak with a professional tax consultants or accountant to be sure.