Hello Everyone,
I want to start my own Low-Risk Hyip. I call it a hyip because mutual funds typically pay between 10% to 15% per year and I would be offering 10% per month from my stock market investment program.
I call my trading strategy "The Wheel of Fortune". There is alot more detail to it then what I am going to say here, but in general what I do is sell naked puts (I get paid a Premimum up front), I let those naked puts expire (happens 1 time per month, usually the 3rd Friday of the Month), If I do not get called out on the option then I sell another naked put the next day the market is open for the next option month and collect another premimum, If I do get called out on the option I purchase the stock and write covered calls on it and collect another premimum and keep doing that every month until I am called out of the option with a profit from the premimums collected, as well as a profit from the stock. I am then ready to do it all over again starting from selling naked puts with the profits I made from the "Wheel of Fortune".
I can pay out a realistic 10% per month, but payouts would be on a 1 month delay since the money would have to be in the market. What I mean by that is that if you invest by the 3rd friday of a given month (lets say Feb), your 1st payment would be on the 1st of April and then on the 1st of every month from then on. The reason for this is because it takes time to get the money in the trading account and it has to work and it takes time to get it back out again. It would be about 1 week to get the money into the trading account and 1 more week when a withdrawal is made to get the money out of the trading account. The money also has to work for 1 month so that the payout can be made.
I would keep the program open for new members and deposits until the trading account reaches 25,000,000.00 USD then we would be private and closed to new members and deposits as this is the maximum that is insured by Federal U.S. law in a trading account.
The way I would make sure that payouts can be accomplished is this. I would automatically withdraw half of the profits each and every month and leave the other half in the trading account to compound in the trades I will be making. The half of the profits that are left in the account would also be included toward the 25,000,000.00 USD account balance to make the program private and closed to new deposits as well as new members.
The 10% per month will be paid on a dollar for dollar basis to each and every member, each and every month based on thier account balance as of the 3rd Friday of the Month (Options Expiration Day) for as long as your money is with us. The 10% Monthly payout would be paid out directly to you the membership not stored in an account for you to have to withdraw. If you wanted to compound your money just deposit your payouts and in 1 month you will be seeing bigger payouts. This way you the members have control over your profits and can do what you want with them. For Withdrawals if you request a withdrawal it will be prcessed and come to you along with your next monthly profit payment. The deadline for withdrawls would work the same as deposits and would be the 3rd Friday of the month to be paid out the 1st of the month following 1 calendar month after the withdrawal request was made.
Or I could just do a Doubler that would payout basically the same way using half of the profits every month until the trading account was at 25,000,000.00 USD and all of the members that had deposited money had their spend doubled and paid out to them.
I would not Offically start the launch of the program till we have at least 3,000.00 USD in the trading account. This way we can make profits (be able to trade at least 3 10.00 Option Contracts) and not have broker commissions take our profits.
What I need is any help,advice,or tips anyone can give me on gettting this up and running as far as the program, Licencing, scripts, which forms of currency to take for deposits, etc. I would also like to know which payout plan everyone here likes better. The Lifetime 10% per Month or the Doubler Payout Plan.
I want this program to be completely Litigimate, not have currency accounts blocked (so payouts cannot be made), not have the Government come in and shut us down, have any DDOS attacks or whatever other excuse you may have heard from so many of those so called scam HYIPS that have fallen. (I was in PIPS and lost alot and I was in Stargame/Pegasus/Novalights, and lost alot there as well). I want a reliable program that everyone can count on day in and day out to be there and make the payouts to its members. I need to know what premits/licences,etc I need to get here in the USA and I will pay Capital Gains Taxes out of the trading account so that the members who are recieving payouts do not have to worry about paying taxes at least not USA taxes, but will be liabale to pay taxes in their own country if they are outside of the USA.
Thanks for your time reading this as I know it was a long post and if you have any questions for me do not hesitate to ask.
Sincerely,
Scott
cashprofits
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27-02-2008, 08:23 AM #1
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