NSFG Reminder

I hope nobody has forgotten the NSFG pooled program will close to new members on March 25th. :) The date is quickly approaching. The managed account service will remain open to new investors.

For NSFG pooled program information click the NSFG link. It is in the ”Stable Low Risk Programs” section on the right. For more due diligence information, I recommend going to the Golden Horizons forum. Link is on the right. Once inside, send a PM to “Grubling” asking for access to the NSFG section.

This is a solid program and once you see the DD information you will know there is real Forex trading. So far each month the pooled account has had positive earnings. This isn’t a quick money HYIP. This is for long term steady growth and has a low minimum entry. This program is my favorite because it has been profitable and, in my opinion, there is no doubt there is real Forex trading.

MPDW Update

I received a “Mid-Week Update” from MPDW today. Here is the meat of it.

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Effective today March 14th 2006, all units are now
in a tracking system which notes how many weeks of returns
each unit has received.

Each unit must now mature for 26 weeks.
All units start at 0 weeks maturity today.

This new feature applies only to sell-backs.
You may still withdraw from your Returns Balance.


# 2)
We have raised the minimum purchase to 20 units.
(This is for New Members Only)

# 3)
Minimum withdrawal of returns is now 3 units.

# 4)
There are no more emergency sell-backs.

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This is basically telling me all principal, old and new, is locked in. This means even if you joined MPDW on the first day it started, your principal (“Units Purchased”) is only at 0 weeks maturity. It doesn’t matter what date it was purchased on. I have verified this on my own account.

This makes the program less flexible to follow a basic rule of investing….pulling out principal. Now pulling out principal can only be done by either slowly trickling it out via Returns/Bonus Balance or waiting half a year (26 weeks) for your “Units Purchased” to mature. I am not aware of any other methods to pull principal at this time given the recent changes.

As a result of the changes, the MPDW risk level has increased and I will be removing the MPDW link from my blog.

Good Advice From The CFTC and NFA

I have come across some articles that may be useful to others. Some may seem like common sense, but many times common sense can be blinded by greed. These can come in handy if you need a realty check to chase away that greed. :)

This one addresses investment opportunities that involve Forex.

COMMISSION ADVISORY: BEWARE OF FOREIGN CURRENCY TRADING FRAUDS

This next link has some various articles regarding trading or investing fraud as well as a few other links of interest.

Customer Protection: Before you trade or invest

Here is one from the link above that is of particular interest if you want to invest in managed Forex.

COMMISSION ADVISORY:
Beware of Websites Selling Commodity Trading Systems that Guarantee High Profits with Minimal Risks

This is from the NFA regarding Forex.

NATIONAL FUTURES ASSOCIATION INVESTOR ALERT - AUGUST 2003

UNDERSTANDING THE RISKS OF TRADING IN THE RETAIL OFF-EXCHANGE FOREIGN CURRENCY MARKET



These articles may be boring to read for some, but if it makes you more aware so you don’t lose your precious capital then I think it is worth it. I highly encourage anyone thinking of investing in such investment vehicles to read this information first before proceeding.

Remember, nobody cares about your money as much as you do. ;)