12/05/09. SteadyGrowthInvest Review and Other News

PLEASE BEWARE! THIS PROGRAM HAS STOPPED PAYING! DON’T DEPOSIT THERE!

Hi all! As just about everybody knows by now the autosurf industry is looking a bit more like the “auto-wreck” industry right now, with USDozen the only shining light I’ve seen for a while. That’s the reason why I’ve been concentrating so heavily on HYIPs in my reviews recently, but I’ve started noticing how I do tend to gravitate towards longer term programs with low ROIs. So I thought I better start taking my own advice and throw a little diversification into the mix for my portfolio with a short term high ROI option. And that folks, is SteadyGrowthInvest.

It’s really very simple and straight forward which in a way I suppose is the first selling point. The admin has decided not to waste anyone’s time with the usual nonsense we see time and time again about Forex trading or stock markets and prefers instead to get right down to business. He gets a bonus point already, lol! There are just two plans available and they work like this. In the first one you are offered a return of 105% after just 2 days. The minimum amount to invest is $5 and the maximum is $5000. Your principal, as you may imagine, is not returned.

The second plan is somewhat more profitable but no less complicated. The minimum and maximum allowed investment figures remain the same at $5 and $5000, but the investment term is longer, running for 10 days this time. And the final return is 130%, again with no principal returned.

And that’s it! What could be simpler? I must say I do like programs where the required investment figures overlap somewhat. Too many programs have plans requiring simply ridiculous minimum investment amounts that are completely unaffordable to too many potential investors. This should at least go some way towards throwing SteadyGrowthInvest open to a much wider audience. The payment options aren’t bad either with PerfectMoney, StrictPay, LibertyReserve, and most unusually for an HYIP, SolidTrustPay which will steady a few nerves.

Apart from that the security of SteadyGrowthInvest is something the admin seems to have done his homework on too. I know that typically short term projects like this one tend to have a shorter shelf life than their longer term cousins, but one look here indicates that the admin would at least appear to be serious about keeping this one running for as long as possible. First of all it’s on a dedicated server which is always the first thing I myself look for. In this case though it’s hosted on a Staminus server. I know you’re not all IT technicians or anything, so you’ll just have to trust me that Staminus are the best servers.

The thing that really caught my eye though is that they are running on the newly developed software from MonetarySoft. I guess not everyone knows about this script just yet, but they are slowly but surely establishing their name and so far there seems to be nothing but satisfaction surrounding the users feedback. Will they become a serious rival to GoldCoders or Neversay? More choice and competition can only be a healthy thing for the industry so let’s hope so. I’ll try and have a chat with the owner and see if he will answer a few questions for me as I’m always interested in the less widely known aspects of this industry.

Anyway, before I drift too far away from the point, the script in SteadyGrowthInvest is licensed from MonetarySoft and I must say it’s extremely user friendly and like everything else in this program, is remarkably uncomplicated. There is even the added security feature of SSL encryption which is thankfully gaining in popularity these days. You will also find a record of what IP address your account was accessed from in the last fifty visits to your member’s area. And when you go to make a withdrawal you will be sent two e-mails. One confirming that the request is being processed, the second informing you that it has been completed. You are asked to wait three business days for your payment request to be completed. In reality however it’s fair to expect it a good deal faster, at least while the program is still relatively new anyway. Customer support is available via the usual online e-mail ticketing system.

All told, SteadyGrowthInvest isn’t bad for what it is. Purely as a matter of personal taste I still lean slightly towards the longer term programs myself, but just like everybody else I too need a little diversity in my portfolio and SteadyGrowthInvest is an OK place to start looking for it. A high paying plan but not ridiculously high (i.e sustainable) and a serious attempt at security and protection leads me to believe this is not this admin’s first foray into the world of HYIPs. I suspect an experienced hand that might be capable of keeping the program running just that little bit longer than the average short term investment site. It won’t be around forever, obviously, but if you join now and use your head I see no reason why you can’t make a fast profit from this one.

Other news for today.

Perhaps the most important news today came from GoldNuggetInvest. I consider this latest newsletter as a very important one as it highlights the direction this almost flawless program is taking and gives us, the investors, even more reason to believe in its originality from the other programs online. I remind you that GoldNuggetInvest (reviewed here) has been online for about three years already and is still paying fine from the revenues from arbitrage betting. That whole process was described by the admin much better than I could ever do in my interview with him (published here). And even with low returns of 6% fixed weekly or variable 0.7%-1.1% daily GoldNuggetInvest is offering to investors, I still consider the program (and you will probably agree) as one of the best performers and one of the safest picks in the whole HYIP world. Even despite some recent accessibility issues with the site GoldNuggetInvest continued paying without any delay and it proved many monitoring sites which judged it as a regular ponzi-scheme by putting it to Problem status once the slighest problem occurs to be mistaken. I’m sure that GoldNuggetInvest is totally different from the vast majority of other HYIPs and the latest update is only confirming my point of view. In this update we are told about the incorporation of the program in Belize and the manual confirmation of LR, SP and PM deposits made into the program. Another advantage is that from now on you can make your deposits using Bank Wires. This and many other things were highlighted in the latest long but quite interesting update from the administration here:
“Warm and friendly greetings are once again extended to our loyal customers and friends of GNI. Much has happened over the last couple of months, nothing more important, however, than remaining profitable and paying out consistently to our members their promised interest.
We know their have intermittent problems gaining access to the website and for that we extend our apologies. There are, however, many enemies of GNI wishing for us NOT to succeed mandating that we implement the strongest of security measures available on the internet. Because we are determined to overcome any DDoS attack, hacker, fraudster or otherwise, we have upgraded our hosting to Black Lotus Enterprise, and our servers accordingly!
We are confident that this will enable to continue, without any security breach whatsoever.
To complete this upgrade, there will be some unavoidable downtime in the immediate future. We will try to give as much notice as possible when this will occur. When it does, be patient as we are working as quickly as possible to keep this to an absolute minimum.
Now, onto more exciting news:
GNI was incorporated on March 30, 2009 as GNI Holding S.A. in Belize under registration number, 82.891. This was no small feat and gives us the kind of credibility we have strived to earn and maintain since forming our partnership some years ago. We are proud of this achievement and have our loyal customer base to thank for our on-going success.
One of the many advantages of being legally incorporated is our ability to make and receive bank wire transfers; this feature we have fully engaged, tested and are implementing under the following guidelines:
1. Minimum amount for bank wire deposits are $500
2. Minimum amount for bank wire withdraws are $100
3. Transfer fees total $20.00 for withdrawals.
Bank wire deposits need to be posted in the members back office and afterwards please drop me a line via email. I will then forward the bank wire instructions to you.
We have, as many of you have noticed, experienced on-going problems with LibertyReserve deposits and lately also withdrawal via API. Payments are no longer automatically credited (similar to StrictPay). When deposits are made using LibertyReserve, they will be credited manually by our office upon notification through LibertyReserve and during our office hours. Same for failed StrictPay or PerfectMoney deposits. There in no need to send tickets indicating a LibertyReserve, StrictPay or PerfectMoney deposit has been initialted and not been credited.
These tickets will not be responded to.
Because of these issues, our scheduled release of our own forum, introduction of Regional Reps and release of our updated website including our FAQs has been pushed back another 7-10 working days. Please have patience; it will, however, not affect our paying of interest consistent with our promises to our customers.
We hope you are as excited about these enhancements as we are. It has been a long road but we are certainly getting there.
My deepest gratitude to all of you!
Robert, Jurgen, Todd and staff“.

Turning to other news let’s start with some good reports from USDozen autosurf (reviewed here) which is definitely fast becoming one of the best autosurfs now. It’s especially surprising if you consider that the program is only 7 days online and the first payouts on expiry (121% after 11 days) should be processed in only a couple of days. Meanwhile after introducing phone support in yesterday’s update today the admin of USDozen Roger announced that SolidTrustPay is the newest addition in the list of payment processors accepted by his program which also includes LibertyReserve, AlertPay and StrictPay. I know that many investors use STP as their preferred payment processor so it would be good news for you. And as for the program’s chances we can better judge that after the first payments on expiry are processed. Here is the latest update from USDozen:
“All good things coming our way. Yes that is just so right! After the good news about Phone support addition, now a better news has come your way. SolidTrustPay, a popular payment processor, is now being accepted at USDozen.
Thanks to my friend and script installer and design integrator, Huan, for letting USDozen use the newly verified account of his for our website. Besides he is part of our website.
So fill out your STP Payout details in your profile account and start upgrading.”

Speaking of SolidTrustPay payment processor, the site is going to present us a new look and features starting from May, 15th. On this day the first stage of their redesign work should be finished and that is what they announced on their site:
“SolidTrustPay has been working hard to bring you a new site design and many new options. Phase 1 is scheduled for launch on May 15, 2009. You will see a brand new look and notice new options, including the use of our security product, the STPay TrustCard. The complete launch will be in 3 phases and final completion will take place by mid summer. SolidTrust – your business is appreciated!”

EcuMoney payment processor is still far behind its main competitors with its questionable New Zealand registration but this doesn’t stop many HYI programs from accepting it. For instance, a popular program EwoCapital (reviewed here) after introducing the acceptance of SolidTrustPay and AlertPay by its site started accepting EcuMoney as well. Although not very popular among investors this payment option can be considered as welcomed option among the potential investors because of the verification procedure they had to undergo to make use of their EcuMoney account. Here is what I can read on the site of EwoCapital about that:
“We want to represent you a new reputable payment processor – EcuMoney. In the last week, we were able to create our Corporate ECU VERIFIED account with them. To get the ECU Seal, the ECU User must send a notarized copy of his ID and a notarized copy of an utility bill. If you already have an ECU account, you can now make your investment using this payment method.”

It seems EdwardBrownInvestments site (reviewed here) is celebrating 6 months online. Well, to tell you the truth for 4 months it was hosted on free domain and was not popular at all. But I must admit that the site is still paying well for which I would like to say kudos to its admin Edward. He reacted to the comments that I put to the recently published interview with him (read it here) in quite a harsh way and even told me that he would never visit my blog again. Honestly, I didn’t want to hurt his feelings and probably his program is really good since it has been paying for such a long time. And if he found my opinion on his proclaiming himself President, Chairman and CEO of his own program somehow insulting I must apologize. I just wanted to be unbiased and tell you all that I really thought about him. I stand by my warning about his monitoring service however. Anyway, I guess with such low returns EdwardBrownInvestments can be a sustainable program for some time and I would like to wish Edward every success with his work on the project because the most important thing is that EdwardBrownInvestments is still paying after 6 months online:
“Hello Everyone! Today we have been officially online for SIX MONTHS.
Thanks for your support everyone! Get ready for a SUPER ride in the next 6 months and beyond.
There might be a special plan coming soon… no guarantees however.
Have a great day! Sincerely, Edward Brown“.

Maybe I was also too harsh on the admin of GearsOfProfit (interviewed here). Actually his program is still paying despite all the obstacles and I would even say against all the odds. DDoS-attacks, spammers’ bad mouthing and LR downtime – all these things really made his program stronger. And in my opinion if GearsOfProfit could survive such troubles and hard times it can succeed and be one of the best performers among HYIPs in the long run.

What was a really bad disappointment for me today is the inability of ImperialFinances program (reviewed here) to meet my high expectations. I remind you that I considered this program as one of the leaders in the short term HYIP market. And the program seemed to have become one, until recently. I could see some bad votes on public forums and monitors about this program now. Some of the monitoring sites actually put ImperialFinances to Problem status already. I myself have two pending withdrawals by now but they all are within the 24 hour timeframe allowed. I assume the admin started selective payouts to some category of investors or payment processors due to the reason that some of the investors have been waiting for their withdrawal to be processed for 2-3 days by now. But the strongest indicator that the program is probably going down is the admin himself who stopped sending updates for a couple of days now and who didn’t reply to my email asking for at least some kind of explanation why there are investors who have pendings now and when are they supposed to get paid. Usually this guy was quite fast in replying to me so until I get some kind of explanation from him I have to move his program to Paying Selectively status on my monitoring page and warn you all to hold off from investing in ImperialFinances program. I’m still hoping there is a reason for the delay but in my opinion the admin should be acting more proactively to put an end to the rumors that are definitely contributing to killing this once good program.

This is all the news for today. Hope you enjoyed my post. Let’s finish with the list of the programs that paid me today: SilverLodge, NovalexFinance, USDozen, HighRiseFinance, GeniusFunds, GoldNuggetInvest, ForexExperts, AsianInvestGroup, CascoFunds, EwoCapital, PanaMoney, OakCash, NorthBizz, PrismoFunds, ImperialFinances, FlowBroker, EdwardBrownInvestments, NanoMoneyCorp, MajorBarter, DamexTrade, Poplans, GearsOfProfit and SteadyGrowthInvest (the first payment received). I wish you good-luck with your investments and I’ll see you on my blog tomorrow!