Has anyone heard when the 2% guaranteed program will be back and available............?
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Has anyone heard when the 2% guaranteed program will be back and available............?
I have never heard of a 2% but there was a 3% program, it took $1,000,000.00 to invest in it.
Uhmm, probably shouldn't say this, but here goes anyway.
I'm a little ticked about not being able to get my $450 back. I'd be more than just a little annoyed if I sunk a million dollars into this and then was told that my withdrawals would not come for months or years. (Not that I have a million dollars) but if I did, I wouldn't invest it with PxPS until PicPxy begins to meet their payout goals.
Man, having a million dollars tied up in some sort of legalistic limbo land would really stink!
-TwiceWise
The 3% is to be setup totally different.Quote:
Originally Posted by Twicewise
If you don't trust PIPS, then I guess you can't trust their Bistro either, I mean who knows man it maybe poisoned! :roll:
Didn't Bryan or other member(s) post about the 3% program being ended due to legal issues with pooling of funds,... ? Don't remember the details & can't refer to any thread but a good search (!!) of this forum & ... should give you what you want to know.
Quote:
Originally Posted by thinksnow
2% Program is actually our PIPS account (we get a daily 2% in terms of ROL)
I believe that the 3% program is still in existence. The only difference is that they no longer allow pooled funds to be invested. So, if you can come up with the million on your own then you're still more than welcome to invest.
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As far as the 3% payout goes, I assumed that the payouts would be processed through PicPxy just like the 2% program is. Am I wrong about that?
- TwiceWise
The 3% program is supposed to be guaranteed by a bank, and if that is the case, that bank needs to handle the funds. Or else they would have hard time to guarantee them.Quote:
Originally Posted by Twicewise
hi lightraypips :D when I was referring to a 2% program I was talking about a secured program :wink: the 2% program we're in is an unsecured programQuote:
Originally Posted by lightrayspips
I don't know for sure if the 3% program is completely gone or if you can still invest if it is all your $
PLUS the fact of the matter is that IF you were to get in the 3% plan, you wouldn't be able to even REQUEST a funds disbursement(withdrawal) of interest earned til after the 6 month mark!Quote:
Originally Posted by goodsdirect
Cheers
Underroo