Thread: How is 2% still being earned ?

Well there must be many many clever people who invested in this, and the day i heard about coffyshops ,and fashion etc, i was very amused. I hope we are not all waiting for these little businesses to pay us 2% return on our money's. As far as i am concerned i did not even want to hear about bistro's and coffy shops as that could never pay all the members the returns we were promised. All the profits of all the coffy shops and bristo's in Africa could not pay the money outstanding to members at present. The situation is very serious and is growing at 2% per day. Need to sell a lot of coffy, steaks and fashion dresses to cover that

I would like to run a PIPS Bistro here in my community. Why not? :D :o

It is an alternative for the members to purchaise a business which can render them and a few others an income in the restaurant-business, not necessarily some big bucks earner for PIPS.........

Hi there,

Can a Bistro Franchising be financed with Picpay dollars ?

:o

That was the initial idea as I understood it..............Am I wrong? :o

Hi everyone,

I have a view on this 2% per day, but someone please correct me if I'm wrong.

A computer programme automatically generates the 2% daily earning for every member. This 2% is automatically added to your ROL everyday, regardless of whether trading has actually successfully earned that return. Unless someone (in IT) manually changes the configuration, the ROL will continue to accumulate at 2% per day, even if no trading has occurred. We are looking at a virtual scenario every time we look at our accounts. The ROLs generated COULD just be due to programming, and not reflect reality. In other words, we can not look at our accounts increasing daily and assume that this is actually happening due to trading being conducted successfully.

Then again, I could be completely wrong -I certainly hope so!

Any thoughts?

Nira

Our returns don't only come from trading but rather a wide variety of businesses.ROL is account value which earns units of which we take only a percentage if we are wise.I only withdraw 20% of my daily return.Please stop equating ROL with available funds and principal.We can never touch the full ROL or Principal.Accumulated ROL stays,daily can be withdrawn of course.

If people can't understand how 2% per day profit is possible through trading, you need to read a book...or two.
Example: On July 20th I purchased approximately $1,000 worth of options in Amazon.com. I bought equal amounts of the $40 calls and the $37.50 puts. The calls were $1.50 and the puts were 1.75. About a week later I sold the puts for a 50% loss (around $250). I also sold the calls when they reached a value of $7.00. Do the math. That's a 50% loss on one investment and a 300%+ return on the other. All in all, after trading fees and the loss, it's a return of well over 100%. Oh did I mention, I'm not even real good at this.
Let's try educating ourselves before we fall into the "it's not possible" nonsense. By the way, Baidu.com (bidu) had it's stock double on Friday. Opportunities are out there if you know where to look.

Whatis, you rock. Keep it up.

Thank you kdwa3 and jiaco.

This is the type of view I love reading from our members . As I stated , I want the program to prove it can deliver what it promised .

Bigmanza , I know how you feel selling Picpay to others . It's just not your a/c you worry about it's theirs' too. You feel somewhat liable , for getting them into the program and hope it delivers ..

Originally Posted by lutwyche

Bigmanza , I know how you feel selling Picpay to others . It's just not your a/c you worry about it's theirs' too. You feel somewhat liable , for getting them into the program and hope it delivers ..

that is why I have not helped a couple of other family members to get in,I know they can't really afford to lose any $ and if they did I would feel responsible for showing & helping them to join

Originally Posted by jiaco

If people can't understand how 2% per day profit is possible through trading, you need to read a book...or two.

jiaco,
I sure would like to get a couple of recommendations from you.
Since we cannot PM in this forum would you please post recommendations here.

And, NO I am not being sarcastic. I would really like to learn how it's done.

Hope you or other member(s) will post good books to read on the subject.

Many thanks,
Stephan