[e-gold-list] Re: SV: Re: HYIPs and propellor-heads.
MLMs and HYIPs are not a generality. Craig is right to ask for specifics. Some are scams some are not. [...] I can defend this statement: All HYIPs which guarantee returns greater than, (say), 10% per month, are destined to fail within 24 months, or so. The reason is simple: consistent returns cannot grow faster than the growth in the supply of money, unless invested in specific, high-growth industries, of which only a handful of investors can find, and even extremely skilled investors cannot generate more than 20 - 30% per YEAR over the long term. The best investor in the history of Wall Street is Warren Buffet, and he has consistently generated an average profit of 25% per YEAR, for about 40 years, and there are many years where he loses money. He's the best there is, and he can generate 25% per YEAR. This doesn't even come close to the yields that ALL of these HYIPs claim to provide. SnowDog --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: SV: Re: HYIPs and propellor-heads.
Chuck wrote It seems to me that CCS likes to speak in generalities such as they are all bad, they are all thisor that..., when talking about MLMs and/or HYIPs. For good reason... However, not all MLMs are HYIPs. Multi-Level Marketing isn't bad, it is merely an alternate, efficient way for companies to distribute their products. MLMs can offer a guarantee of return on investment. If you purchase the product for x and sell it for 2x, they can guarantee that you will make 200% return on your investment; if you are a great seller. MLMs and HYIPs are not a generality. Craig is right to ask for specifics. Some are scams some are not. Name one HYIP that isn't a scam. When someone says to you They say that.blah blah blah.., or they are all bad over there!, ask for specifics, who or what. If you don';t get the specifics the information is not worth the paper it is written on. Mostly those type of people do not have any hard facts only opinions which are couched in a way to sound like facts using a liberal dash of generalisation to help them on the way. Aren't you making a generalization based on opinions without any hard facts? That was my spanner in the works You can have it back now. Viking Coder Worth Two Cents? http://www.2cw.org/VikingCoder --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: SV: Re: HYIPs and propellor-heads.
Patrik Isacsson wrote If you really took a good look at MLM - you might find it very DYNAMIC to the one who really works it. But not EVERYONE can have success in it - this is not for everyone. According to HYIP - if it is TO good to be TRUE - then it is...:)) There is also a major difference between (legitimate) MLMs and HYIPs. Multi-Level Marketing isn't a path to riches in and of itself. There must be a feasible line of products to go along with it. A couple of the most succesful examples are Amway Mary Kay. And you are right, MLM is not for everybody, but there isn't any line of work that EVERYONE can have success in. Most (98%+) HYIPs are the illegitimate offspring of the MLM philosophy. However, they do away with the messy need for a product line. Sending 5 people a recipe, your email address, or any other trivial piece of insubstanial crap doesn't count. All the HYIPs do is shuffle money around. They mainly just shuffle it into the progenitor's pockets. They are classified as scams for one reason. They mislead their marks (er... users) into believing that they will have a guaranteed return on their investment. Again for clarification... HYIPs are NOT the same thing as legitimate gambling. With legitimate gambling, you do not expect a return. If you do, you're either a master game-shark, extremely lucky (i.e. you consistently hit the lottery jackpot), or extremely desperate. Legitimate gambling makes no reference to a guaranteed return, or to the concept of investing. Do High Yield Investment Programs? Gambling isn't a scam. The reason that is so vilified is that people get entranced by the concept of money for nothing and spend their life savings, their children's college funds, their rent money, etc... and then complain that it wasn't their fault, and that they should have their money back. Enough people complaining loudly enough causes lawmakers to sit up, take notice, and make laws irrespective of whether it is right or not. HYIPs are scams because they guarantee that everybody will hit the jackpot and make off like bandits. (Send $5 and then send this letter to 100 people and you are guaranteed to make $50,000 in three weeks.) Viking Coder Worth Two Cents? http://www.2cw.org/VikingCoder --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: SV: Re: HYIPs and propellor-heads.
For christ's sake. EVERY HYIP IS A RIDICULOUS SCAM. Speak plainly. Regarding MLMs, obviously, many MLMs are completely legitimate businesses - such as bloody Amway or Nuskin. But of the thousands of small hokey MLMs, most of them are small hokey silly productless things. --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: SV: Re: HYIPs and propellor-heads.
Care to elaborate on that HYIP reference ? How many have you tried and what were their names. For christ's sake. EVERY HYIP IS A RIDICULOUS SCAM. Speak plainly. Regarding MLMs, obviously, many MLMs are completely legitimate businesses - such as bloody Amway or Nuskin. But of the thousands of small hokey MLMs, most of them are small hokey silly productless things. --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: SV: Re: HYIPs and propellor-heads.
Just humor me, if you will. I'm new here. Perhaps we are not speaking the same language. I'm talking about legitimate banking with high returns. I'm not sure what this negative feedback is based on. Steven wrote: Care to elaborate on that HYIP reference ? How many have you tried and what were their names. This is amazing. I cannot decide between (1) this is just bull or (2) a genuine inability to think. If it is taken seriously then it explains a lot! Seriously making such an argument indicates the lack of any conceptual means to distinguish reality from fantasy. Such people evidently will just try anything at random to see what immediately happens and they cannot conceive of any other means of validation. They do not seem to believe in or know about such things as cause and effect, objective reality, reasoning, or understanding. Apparently they really believe in magic! CCS --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: SV: Re: HYIPs and propellor-heads.
Craig Spencer wrote: Seriously making such an argument indicates the lack of any conceptual means to distinguish reality from fantasy. Such people evidently will just try anything at random to see what immediately happens and they cannot conceive of any other means of validation. They do not seem to believe in or know about such things as cause and effect, objective reality, reasoning, or understanding. Apparently they really believe in magic! IOW A fool and his money are soon parted. To which I reply: good riddance to them both. --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: SV: Re: HYIPs and propellor-heads.
Steven wrote: Just humor me, if you will. I'm new here. Perhaps we are not speaking the same language. I'm talking about legitimate banking with high returns. I'm not sure what this negative feedback is based on. HYIP is a technical term meaning: investment schemes that are pyramid scams because their only means of paying interest is the new incoming savings paid in by suckers. Consequence: the earlier you get into the game, the more money you make, but nearly all latecomers are just flushing their money down the drain. --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: SV: Re: HYIPs and propellor-heads.
Steven wrote: Just humor me, if you will. I'm new here. Perhaps we are not speaking the same language. I'm talking about legitimate banking with high returns. I'm not sure what this negative feedback is based on. HYIP are not legitimate banking. They are easily identified scams. You only have to ask yourself if the claims they make are consistent with the nature of the universe (eg effects require causes) we live in. CCS --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: SV: Re: HYIPs and propellor-heads.
Just humor me, if you will. I'm new here. Perhaps we are not speaking the same language. I'm talking about legitimate banking with high returns. I'm not sure what this negative feedback is based on. A hyip is the usual term for a fun, but silly, pyramid scheme. Steven, there is no such thing as legitimate banking with high returns. If there is, please immediately tell me the name and phone number of the bank, and I will be your friend for life. As far as I know, the highest returns you can get at any legitimate bank currently, are about 6% - 6.5% on long-term CDs at some US banks. Again, if anyone knows any bank, anywhere, that offers high returns (presumably, over 8 or even 10 %), please state it! I would be delighted to hear it. However, to anyone with even the most cursory knowledge of the banking system and the current interest rates of the major central banks, it is an obviosity that it is a logical impossibility. --- Great ventures create great mottos. --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: SV: Re: HYIPs and propellor-heads.
Seriously making such an argument indicates the lack of any conceptual means to distinguish reality from fantasy. Such people evidently will just try anything at random to see what immediately happens and they cannot conceive of any other means of validation. They do not seem to believe in or know about such things as cause and effect, objective reality, reasoning, or understanding. Apparently they really believe in magic! CCS It seems to me that CCS likes to speak in generalities such as they are all bad, they are all thisor that..., when talking about MLMs and/or HYIPs. Does he think that about people I wonder? This type of person is 'all bad' or that type is 'all bad' Such people often use generalities also to describe other people. using such phrases as; . Such people evidently will just try anything at random to see what immediately happens and they cannot conceive of any other means of validation. They do not seem to believe in or know about such things as cause and effect, objective reality, reasoning, or understanding. Apparently they really believe in magic! They They They...all the time. They are bad, they are scams, not this, or that but they. like saying 'All blondes are dumb' Perhaps CCS is a poor quality tabloid journalist? Certainly seems to talk like one. Full of generalities and vague non specific statements that say not a thing. MLMs and HYIPs are not a generality. Craig is right to ask for specifics. Some are scams some are not. Just as some people with the initials CCS maybe dense and some are not. Just as not all people with the initials CCS are vague and use generalities instead of specifics. When someone says to you They say that.blah blah blah.., or they are all bad over there!, ask for specifics, who or what. If you don';t get the specifics the information is not worth the paper it is written on. Mostly those type of people do not have any hard facts only opinions which are couched in a way to sound like facts using a liberal dash of generalisation to help them on the way. That was my spanner in the works Chuck Powered by telstra.com --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
