Quote:
Originally Posted by makila
The real problem is that the majority of hyipers, but also lyipers(people that spend in serious programs) are not very wealthy. A lot are teenagers or young students who have not a single cent in their bankaccount.
A very few like me work for their money(they got a job), but again I am not rich either, my bankaccount is in the negative as well most of the time.
Someone who really has a lot of money invest it offline and immidiatly 200k at once. The risk an admin online runs away with the money is simply too big.
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Yep, that's exactly it. Heck, if we were all rich why would be bother to invest our money to make it grow? I am not ashamed to admit that I am not rich either , but I am not dirt poor either - I'm just looking to have my money work for me instead of me for them.
As far as this PPREI program is concerned, I at least know that the company is real and that the company registration agent is real also. Sadly though, that doesn't guarantee my financial security. I must admit that the whole using escrow through FriendlyPay does provide an extra level of safety because they CANNOT take your money until you decide to release the payment to them, which means after you have at the very least received your original principal back. I don't see how they can run away with your money this way. If they do go belly under FriendlyPay would simply release the money back into your account (after they are convinced of the nature of the situation of course).
I am currently a member of another private real estate investment group which I trust because of heavy DD, so my hope is that if the admin of this program is willing to be more open with us potential investors I would not mind putting a bit of money into the program. Offshore real estate investing is a lucrative area to be in and I want a bit of the action without having to shell out the millions of dollars necessary to do anything in this arena. A pooled investment club makes sense in this case.
One thing that I do not like about this program is the lack of communication from the admin. I have yet to receive any response from him/her.
Once my forum account gets approved, I intend to contact some of the members and ask them a few questions, but my main hope is that the admin will accept my invitation to conduct an interview or provide us with the level of DD required and expected of all real investment opportunities.
Until then, I remain skeptical as always
Re: PPRei
...I don't like them using ebullion at all. This change will pretty much destroy that added level of security offered by the friendlypay escrow service.
Re: PPRei
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