I've been aware of this for a long time but never joined... can someone answer me a question before I sign up?
How the hell does EUR30 turn into EUR55,000, even in a long-term pension fund? I've got a couple of pensions, and neither would give anything like that type of return!
I know it's not a lot of money to join, but I've wasted enough over the years!
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Thread: Global Pension Plan
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26-07-2007, 09:18 AM #151
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26-07-2007, 11:04 AM #152
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26-07-2007, 11:34 AM #153
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Nej, the return from any pension plan is dependent upon the premiums paid.
The insurance company and trust people have an agreed surrender value on maturity. The premiums therefore follow a sliding scale which is pretty standard; the younger you are when you take out the policy, the less it will cost on a yearly basis.
In the case of GPP, when those policies are contracted to the trust, all premiums are paid off and they become a free plan. All they have to do is sitout the years and collect the maturity value. Their profit is this value minus the initial buy out contract.
With an endowment policy, which is a contract for the amount of years and premiums you want to pay for a predetermined $$ maturity, you have more flexibility than a life term pension. You, personally, can trade this endowment policy for something better as time and demands change. Most home buyers in the UK have some form of endowment policy running alongside their mortgage repayments.
Hope that helps buddy
paddyLast edited by paddyfield; 26-07-2007 at 11:48 AM.
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26-07-2007, 01:31 PM #154
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Cheers guys. Pensions type things go WAY over my head.
Still missing something though.. if the EUR30 is just a processing fee, where does the money in the fund actually come from? I mean, surely it must be loaded up with EURxxx for it to mature into something higher later on?http://nejsnatterings.blogspot.com/
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26-07-2007, 01:34 PM #155
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just wired funds to ebullion yest, but still havent seen them post to my acct. yes i included the id# and trnxn# in the wire memo. anyone know the typical timeframe to see them in your ebull acct?
another question... i bought the ebull $ ecurrency . Thats what i need to use for GPP, no?
thx in advanceI JUST WANNA ROCK! (HAVE YOU SEEN THE BRIDGE? WHERES THAT CONFOUNDED BRIDGE?)
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26-07-2007, 02:14 PM #156
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Hello Nej,
I will try and keep this short!
The reply is Yes, I expect you to get the return of €55k after the closure of GPP - and in case you are below 28 years old then your return will be €110k.
Why? because this is a structure that has been going on offline for years and which actually work.
Many People feel this must be a scam because € 30 cannot give you such a large return in a short time.
But that is where they are wrong! €30 is not the sum that is invested to give you the €55k/€110k return.
€30 is only an admin fee to provide you the banking solution, to maintain the site, etcc etcc
If you read the site carefully, it is clearly explained that the Promoter actually benefactors you into the program by investing €41k on your behalf. He then pays you €55k after having you sign documents to sell off the rights to your policy to him, and when you turn 67, the policy matures and he earns over double his investment.
You will ask but why does he do it?
Very simply an insurance company needs actual real clients to make these policies valid, and without us individual members, they could not put together the package.
I hope I have managed to explain a little of how this works.
In case you need further info send me a PM. I will be pleased to assist!
PaulMhttp://www.club-asteria.com/index?refid=79554
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26-07-2007, 02:21 PM #157
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Hi,
The wire should take 1-3 days to reach EBullion and then it could take another couple of days for them to credit your account.
Do check with your bank to see that it did go on the designated date by asking for a copy of the "Transmission report" as proof.
You will be surprised at the amount of banks that keep your instructions for an extra day or 2 before actually transmitting it to the correct destination!
Yes you were right to buy e-currency in E-bullion. This is the only option to pay with EB.
I hope that you get your funds soon enough!
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26-07-2007, 02:49 PM #158
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26-07-2007, 03:23 PM #159
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Hi Paul,
Thanks for that - it's the clearest explanation so far!
The trust must be swimming in it though... my rough calculation works out it needs billions to do all this.
Still, worth a punt for the small price.
Does anyone have any Ebullion to trade for Paypal? I'll sign up under whoever can do this for me.http://nejsnatterings.blogspot.com/
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26-07-2007, 03:49 PM #160
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Hi nej,
Yes the Client of GPP is going to invest a couple of Billions to double it in this transaction...Money makes more money...thats the way it is!
In fact the amount that gets paid out to us is roughly equivalent to the taxation that he would have to pay in any other business gtransaction with such a return.
So he is not actually giving anything away! Simply replacing the tax-man with us the members!
Exchanging paypal for E-Bullion is going to be hard I guess But I could help if you had egold...
Let em know by PM
PaulMhttp://www.club-asteria.com/index?refid=79554
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