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View Full Version : Investment & earn 4% per month,is this true or "too good to be true"???


anasui
Jun 27, 2002, 04:26 PM
Has anyone have heard about this company that gives you 4% monthly on your investment?I wanna try these because some of my colleagues are into it but i still find it "to good to be true".
For those who tried and who are into it, please post your comments about it. thanks:hmm:

rabbaddal
Jun 27, 2002, 09:19 PM
How much do banks return on time deposits these days?

victory
Jun 27, 2002, 09:25 PM
4% per month is huge -- annual returns of 48% in this day and age is spectacular to say the least and to "guarantee" such a return for an "investment" of sorts borders on the dubious. rabbaddal, remember that banks usually quote returns in annual figures so show me the time deposit that quotes a 48% per annum return and I'll transfer all my money there right away -- after I do my due diligence of course.

rabbaddal
Jun 27, 2002, 09:39 PM
Originally posted by victory
4% per month is huge -- annual returns of 48% in this day and age is spectacular to say the least and to "guarantee" such a return for an "investment" of sorts borders on the dubious. rabbaddal, remember that banks usually quote returns in annual figures so show me the time deposit that quotes a 48% per annum return and I'll transfer all my money there right away -- after I do my due diligence of course.

Ever heard of the Rabbaddal & Rabbaddal Hedge Fund? I'll manage your money and throw in the kitchen sink if you want. Just give me a call.:)

victory
Jun 27, 2002, 10:37 PM
Originally posted by rabbaddal

Ever heard of the Rabbaddal & Rabbaddal Hedge Fund? I'll manage your money and throw in the kitchen sink if you want. Just give me a call.


Rabbaddal, the amount of time and money it will take me and possibly the US Federal Government to perform due diligence on your "suspicious activities" in Manhattan and SoCal (supposedly with undergrad interns who work in your firm) may not justify any kind of investment we might have wished to make into your hedge fund! :)

mac_bolan00
Jun 28, 2002, 01:51 AM
Originally posted by rabbaddal
Ever heard of the Rabbaddal & Rabbaddal Hedge Fund? I'll manage your money and throw in the kitchen sink if you want. Just give me a call.:)

yeah, i've heard of this one. your sales pitch is, "when your money's gone, WE'RE GONE!"

Spyfrat
Jun 28, 2002, 02:12 AM
*** exactly do u do? ano yung ni hehedge nyo

DivineFist
Jun 28, 2002, 02:44 AM
Originally posted by rabbaddal
How much do banks return on time deposits these days?

Depends upon the amount, but rates nowadays ranges from 2% - 4% PER ANNUM!!!!!!!!!!!!!!


ANG LAKI NO!!!!!!!!!!!!!!!!!!!!!!


:glee: :glee: :glee:

dekster
Jun 28, 2002, 03:42 AM
I know what hedging is but what exactly is a hedge fund?

whyte
Jun 28, 2002, 11:11 AM
Originally posted by anasui
Has anyone have heard about this company that gives you 4% monthly on your investment?I wanna try these because some of my colleagues are into it but i still find it "to good to be true".
For those who tried and who are into it, please post your comments about it. thanks:hmm:

I think its called MULTITEL. Yes, Its true. Some rates go even as high a 6.5%. i was once offered 8% per month minimumP50,000.
4% is offered t oyou 'coz the one who offered gets 1% of of the interest. yan lang ang alam ko.

I did not join.:)

StaticJane
Jun 28, 2002, 01:02 PM
yeah. you're right MULTITEL. my mom is been with them for 8 years now. about Me, 2 years. I dont really care if someone else earn 1 % from my investment as long as the company does not fold up and being able to get my interest every month on time.
:toohappy::toohappy::toohappy

FrankNYC
Jun 28, 2002, 03:09 PM
Originally posted by anasui
Has anyone have heard about this company that gives you 4% monthly on your investment?I wanna try these because some of my colleagues are into it but i still find it "to good to be true".
For those who tried and who are into it, please post your comments about it. thanks:hmm:

Sounds like a pyramid scheme. O baka naman 4% apr pero compounded monthly. You have to read the fine print.

anasui
Jun 28, 2002, 05:23 PM
Originally posted by FrankNYC


Sounds like a pyramid scheme. O baka naman 4% apr pero compounded monthly. You have to read the fine print.

hi FrankNYC, its not a pyramid scheme or multi-level.Its same procedure with the bank 2% per annum depending on the amount of your investment.With MULTITEL they will give you 4% interest per month. My colleagues are into it already pero ako lang hindi cuz i'm kinda scared baka mag-fold up yung company.

anasui
Jun 28, 2002, 05:23 PM
Originally posted by StaticJane
yeah. you're right MULTITEL. my mom is been with them for 8 years now. about Me, 2 years. I dont really care if someone else earn 1 % from my investment as long as the company does not fold up and being able to get my interest every month on time.
:toohappy::toohappy::toohappy

hi Static Jane, so you mean matagal na yung MULTITEL? hesitant pa rin ako but i want to give it a try! What do you think guys???

If i may ask Static Jane who's your counselor? baka pwede mo ko refer incase convinced na ko.:)

rabbaddal
Jun 28, 2002, 06:22 PM
Originally posted by dekster
I know what hedging is but what exactly is a hedge fund?

I'm hedging on world plutonium prices. I figure me and my investors can earn a windfall with a steep plutonium demand when Pakistan and India go to nuclear war and scatter radioactivity around East Asia.:)

But seriously, broadly defined, a hedge fund is an investment structure utilized by a professional money manager or group of managers that permits the management of a private, unregistered investment pool of capital and/or securities. A hedge fund is a very specialized, open-end investment company or private investment fund that permits the manager to use a variety of investment techniques normally prohibited in other types of funds. These techniques include borrowing money, selling short, and utilizing options, to name a few. In short, hedge funds are private investment funds (similar to mutual funds), which offer investors the possibility of extraordinary gains with above-average risk. When providing these "gains," the hedge fund structure allows the fund manager to charge an incentive-based, performance fee which is based upon a percentage of profits that the fund returns to investors. The reliance on exemptions from securities registration (state and/or federal laws) limits the number of participants who must also satisfy accredited investor or institutional investor definitions. Hedge funds are considered alternative investments since they employ an investment strategy that differs from conventional (long position) money management.

Historically, hedge funds for U.S. investors have been formed as limited partnerships, and our materials - unless otherwise noted - assumes that the hedge fund vehicle you choose will be a limited partnership. However, now that most states have passed legislation approving the limited liability company (LLC) as an entity that provides liability protection to investors, funds may be organized as limited liability companies assuming they can be structured in a manner to provide income tax treatment that is similar to that afforded investors in limited partnerships.

Think of a hedge fund as a smaller mutual fund with less government regulation - for now. Because a hedge fund is a micromanaged business, hedge fund managers are selective in who they take as investors. You can't just walk in a hedge fund manager's office and offer to invest. Investors are usually close friends or relatives. Why? Because just as much as investors should be able to trust their fund managers, so too must fund managers be able to trust their investors. They want people who are committed, people who will not turn their backs against the fund when it does not perform well.

Overall, the hedge fund business carries as much adventure as it does risk. If you have an entrepreneurial inclination, then this business may interest you.

nance
Jul 1, 2002, 06:03 AM
Please note that MultiTel is not licensed to sell securities (that is, investments) in the Philippines. So if you join, remember that you will be participating in an illegal activity that the company engages in.

Here is an article from Inq7money, for your reference:
Rate War (http://www.inq7money.net/banking/default.asp?page=specialfeature)

(If the link doesn't work, just go to www.inq7money.net and look for the article in the banking section.)

Here's an excerpt from the article:

"Atty. Vanya Galos, Multitel’s legal counsel denies the allegations. 'It (Multitel) does NOT accept investments from the public,' she stressed in a statement faxed to INQ7Money.

Multitel is currently under SEC investigation for alleged violation of the country’s securities code. Syquia said that if Multitel were proven guilty, they would not hesitate to shut it down with a CDO."
---

Just think of the implications. If a disgruntled investor suddenly decides to get even with the company, he/she only needs to show the contract from MultiTel and *BAM!* Goodbye MultiTel, goodbye savings.

The only reason MultiTel is still operating is wala pang nagsusumbong na investor. Syempre naman, who would want the good times to end? But all it takes is just one valid contract, one damning document to get to the SEC...

mai_1
Sep 18, 2002, 05:17 AM
i have just received this month's earning ko sa Multitel (3rd month ko.).

may dadating na news...ikaka-shock nang marami ..pero ako di na..kase alam ko na.

i strongly encourage interested parties to invest. hinding-hindi masasayang pera nyo. i can offer 4% interest monthly, if you can find others na mag-ooffer nang mas mataas, better. but, if you can't find one, sa akin na lang. ok na ang 4% per month.

pls be guided accordingly sa mga sasalihan ninyong coop na under daw ng multitel na nag-o-offer ng mataas na interest. karamihan sa kanila ay fly-by-night. the coop i am involved in is secure and definitely not fly-by-night.

TT_Boy
Sep 18, 2002, 04:59 PM
In a scheme like this, the trick is to invest while on the up tick and leave on the top or just before it reaches it.

When it comes all crashing down is anyone's guess.

mai_1
Sep 19, 2002, 01:22 AM
Originally posted by TT_Boy
In a scheme like this, the trick is to invest while on the up tick and leave on the top or just before it reaches it.

When it comes all crashing down is anyone's guess.



ay, di ko maintindihan. pwedeng paki-explain in very simple way? tnx. :rolleyes:

quinone
Sep 24, 2002, 11:54 AM
sa UCPB, if you have relatives, time deposit nila is 4% monthly.

mai_1
Sep 29, 2002, 04:53 AM
sayang, bakit di na lang nila i-offer yan kahit kaninong depositors? kaya naman pala ng mga bangko magbigay ng ganyang mataas na rate - 4% monthly - e bakit di na lang ganun? kaya nagreresort ang iba sa pag-invest sa mga companies like Multitel (isa ako dun), MMG at mga similar companies pa. :(