05/03/2010. HugMoney Updated Review and Other News

BEWARE! THIS PROGRAM IS PAYING SELECTIVELY! DO NOT INVEST!

Hi guys! As most of you may know what I usually try to do on MNO is to combine the latest news stories from existing programs with the newest programs I come across for you to expand your portfolios with if you find them suitable for your own needs. Sometimes however, and it’s really not that often, a program comes along that takes everyone by surprise and performs so well it deserves a second look. One such program is HugMoney, which has unquestionably been one of the best performing short term HYIPs of the last six months.

I know that I said this in the past but I was just one of many investors who were suspicious about the timing of HugMoney, launching as it did just two weeks before Christmas which is a time so often associated with fast scams. Three months later and here we are still talking about them. I can only shake my head and wonder why I was ever so dubious about them. They really have taken the short term HYIP market by storm, though to be fair no one can really predict these things before they happen. Of course one can always analyze the basics and assess the potential of any given program but even the most enthusiastic fans of short term HYIPs would have failed to predict the overwhelming success of HugMoney.

So I guess that’s the real reason why I want to go back and take another look at this singularly impressive short term program tonight. Just keep in mind that before we start the same warnings still apply here as they do to every other online investment game. Just because they are online for a very impressive three months does not mean they can last for another three. Of course on the other hand I would have also said that about them after one month, so who knows where HugMoney can go next!

The plans are pretty much the same as they always were with no real changes made. No real reason to change a winning formula I guess, and they have all proved enormously popular with the members. There’s three of them in total and all of them are payable on expiry. I mentioned in my original review of HugMoney that all plans were as affordable as reasonably possible to maximize the number of investors wanting to sign up. That is still the case, as is the number of new members joining which even the admin himself has continuously admitted in his newsletters surprises even him.

The first and shortest term plan runs for 5 days. It will take a minimum deposit of just $4 to join and the maximum is $2000. On expiry you will receive a single payment of 122% interest, principal included. In other words if you invest $100 then you get back $122 at the end.

Slightly more of a risk but offering an increased profit to make it worth your while, the second plan is open to deposits ranging from a minimum of $40 to a maximum of $5000. The investment term this time is 7 days and on reaching maturity HugMoney will make a single payment of 135% interest. So the same hundred bucks spent here will get you back $135 this time.

The third plan on offer is the riskiest, but having said that it has still been paying out successfully just like the other two plans right from the very beginning. The investment term is for 20 days (still very much a short term plan) and it’s open to deposits starting from a minimum of $100. In return HugMoney offers to double your money. That’s 200% interest on expiry, principal included. The maximum deposit is $22,000 though few would be spending more than a fraction of that at this stage I’m sure.

The list of payment options open to you would be impressive from any of the big long term HYIPs that most of you might have in your portfolios already. But for a short term program it’s really excellent. Most of them would stop at LibertyReserve and PerfectMoney and of course HugMoney has them too. But they also accept AlertPay, SolidTrustPay, and StrictPay. The fact that they’ve accepted all of these programs right from the very beginning indicates just how serious the admin was about this. Anyway, payments need to be requested and are generally made within 24 hours.

The security and design of the HugMoney website remain pretty standard stuff for the industry. They are hosted on a dedicated server with protection from DDoS attacks provided by DdoSWiz. They are also running off a script that is licensed from GoldCoders. There is no SSL encryption at the moment however. Overall it’s easy to navigate and fairly well explained. Not that there’s anything too complicated to the whole thing either. The FAQ covers the basics and from my own experience the support team have been fairly efficient so far. You can contact support through the online support ticketing system on the contacts page.

By the way, if anyone’s interested I spoke to the admin of HugMoney some time back for an interview. I mean “virtually” spoke to him that is, it was conducted via an e-mail exchange. You can see the results of that interview by clicking here and see what you think. He really is full of surprises though and continues to impress a lot more investors than just me. I’m still not going to give any sort of back-up to the claims about investments in commodity trading and I’m still not going to re-assess my warning that HYIPs can close overnight without a single word of warning. But I will say publicly (I have to. It can’t be denied!) that HugMoney has been one of the outstanding short term success stories of the last year. I wouldn’t care to comment on how long they can keep running as that essentially depends on cash-flow but it has already surprised me time and time again with its longevity.

And based on that alone you must agree that HugMoney has earned our continued support. Best of all though is that you can join for quite a small amount of money. If the risk is starting to get a bit much for you, which is entirely understandable, remember it still only costs $4 to join. So the “risk” doesn’t have to be all that big if you enjoy a good gamble.

OTHER NEWS FOR TODAY.

Not so much news to report today, possibly down to it being the start of the weekend I think. I want to report first that I did receive my payout from NanoMoneyCorp today but it was a small one and I’m aware that people with substantial payouts are still waiting. I didn’t find any reports about the big cashouts having been processed so please do NOT invest in NanoMoneyCorp at this moment. I will leave it On Hold status on my blog for now but this is because some rumors that they are still auditing the accounts allegedly harmed by the recent DdoS-attack. In reality they might have cashflow problems already due to their website downtime and unstable work for the last couple of weeks. I will keep you updated about when investing in NanoMoneyCorp will be safe again.

From the latest newsletter received from Garrett, the admin of PTVPartner (interviewed here) I heard that last night’s meeting was canceled due to the admin’s illness. I hope this illness will not prevent Garrett from making the payouts as usual and that the meeting will be rescheduled to a more appropriate time for him. I remind you that PTVPartner has been paying for over 6 months on four investment plans: 110% after 10 days, 125% after 20 days, 145% after 30 days, 190% after 40 days and has thousands of happy members by now. In today’s newsletter the support question of the week about changing the secondary password in your PTVPartner account was covered along with traditional blog articles and joke of the day. Here is the latest newsletter from PTVPartner (reviewed here):
“Meeting Canceled
I’m sorry we did not hold the meeting today due to illness. We will have more meetings scheduled next week as soon as possible and regret not having it today illness or no. Hopefully you can join us at the future ones.
Blog Articles of the Day:
Are we Inching Towards Banking Secrecy? Find out the opinion of one who knows
PAUL CRAIG ROBERTS STICKS IT TO THE 9/11 CRIMINALS. This is a controversial piece we realize. Some will think it “rubbish” and some will applaude All that have not followed this evidence will have food for thought. Are we really so naive’ as to think Governments are not capable of such things and no, I am not referring strictly to the US Government while this story is centered on that.
Please people, it’s time to open your eyes and realize that no government is “for the people” if they can line their own pockets and serve their own interests Greed, pure and simple, will kill almost anything it is applied to. It’s time to wake up before it’s too late and realize that the government, especially in the US was set up with the right intentions but many, if not most, are going about things entirely the wrong way. Take back your countries before it’s too late!
Key Aspects to the Patriot Act Extended for One Year. Guys, I have a really hard time understanding this one. Do these pawns work for you? Do you really know what the Patriot Act is, does, and what civil rights it takes away from you? Do you know what Habeus Corpus is? Have you thought about it in relationship to the Patriot Act? Sure, we all know the Patriot Act made banking harder, less efficient, more wasteful and put the government in control of it’s citizen’s funds. No longer can you bring in large amounts without proof of where they came from, how they were derived, and if you expect to continue you must set a pattern for this. But of the HUGE number of pages do you really know what rights you have? If you’re “really not up on it” you might want to read this. We won a partial victory that the extension was only one year and not ten, but this is not the end and you might want to know what your government is doing and what they plan to do in the future.
While this is often a diatribe on political activism it merely is to awaken ALL countries to the fact that you need to WAKE UP and KNOW what your leaders are doing. The reason (again) that we tend to highlight the USA is that it tends to be the largest country our members are from and also because it leads the way towards enslaving it’s citizens. This does not mean there aren’t plenty of countries following in it’s footsteps. US citizens aren’t the only ones that need to take the time to know what’s going on and interact with their leaders. We are all being pushed to become one big Global Community with no identity and the few will benefit at the expense of the many. Is this what you want?
I don’t think so… Read, Believe, Act….
Support Question of the Day:
You set the security code during the joining process. You set that plus answered 2 security questions. eg City of Birth….Middle Name of Mother…Favorite car…etc. The answers to these personal questions should be known by you.
You can reset your security code by logging in to your Account…select Passwords/ Change Security Code and follow the prompts. It should be between 6 and 12 standard English alpha-numeric characters in length. ie a-z, A-Z and 0-9. If you cannot manage that, and have not invested, I suggest you open a new account using a new email address and account name. You will need to retain your password, security code as well as the answers to your security questions. If you have invested you need to supply the answer to at least one of your security questions and request manual intervention by the admin team. You will need to supply your desired security code in this ticket.
Joke of the Day:
Ole was turning 88 and was overweight, so his doctor put him on a diet.
Doc: ‘I want you to eat regularly for 2 days, then skip a day, and repeat this procedure for 2 weeks.
The next time I see you, you should have lost at least 5 pounds.
When Ole returned, he shocked the doctor by having lost nearly 60 lbs!
Why, that’s amazing!’ the doctor said, ‘Did you follow my instructions?’
Ole nodded..’I’ll tell you , I thought I wuz gonna drop dead on dat 3rd day.
‘From the hunger, you mean?’ asked the doctor.
Ole: ‘No, it wuz from all dat skippin’!
Start the Experience … join PTVPartner and … Free your Life!!!”

The admin of DynFxTrade (reviewed here) updated the members regarding the referral contest and reported that the cashouts had been done for today. Here is his latest newsletter:
“Greetings to all members, and a big welcome to all newcomers!
Just a quick reminder re: the referral contest. You have 4 more days to participate and earn one of our prizes. (Please click on the referral contest link in your members area for details.)
Remember, in this contest, only your downline members who upgraded since the beginning of the contest – or who upgrade before the end of the contest – will count. The present leaders are:
1:-bigprofits — brought in 7 upgraded members 2:-dreamsofprofit – 4 3:-goldpoll – 4 4:-moneynews – 3 5:-revshareinfo — 3
Congrats to all our current leaders. Keep up the great work!
Today’s cashout requests have been fulfilled. Your next interest and payouts will be on Monday, March 8th.
Have a wonderful weekend, Your DynFxTrade Team”.

Another program has been added to my monitoring page today. It’s AvaInvestment. It’s not a very new program and has been online for over a month. AvaInvestment accepts only LibertyReserve and PerfectMoney and offers two investment plans: 2.8%-3.6% for 50 days and 14%-20% for 15 weeks. The interest is credited daily or weekly and depends on the amount deposited (minimum allowed is $10 to the daily plan and $50 to the weekly one). Please note that your principal is already included in the payments so you will not get it back on expiry. AvaInvestment is using a licensed GoldCoders script and their site is hosted on a dedicated server with Dragonara DDoS-protection. So the security is up to a fairly high standard although SSL is not installed. More about the program can be read in my detailed review of AvaInvestment coming soon.

Here is the list of the programs from which I received my payouts from today:
HugMoney, GeniusFunds, CelexProfit, XciteInvest, DepositPalace, BiotechInvFund, EuroNanoInvest, GeneralIncome, TheKapital, XagaEnterprise, Dragadox, NasMos, FinanceNova, IntraTraders, PanaMoney, InvestAward, MandarinInvest, Skinex, Aballong, WeeklyDividend, BioEnergyFunds, WestFinance, UmaxFunds, Plents, WaterInvestment, Eternidex, StarkFund, YesInvestment, GoldenInvestment, EzProfit, ExceptionalFunds, OneDailyPro, SantiVentures, WWFD, Xcelsus, AlphaInvestments, AtoxFinance, AimTrust, IncoForex, Verifield, ScootFx, CSMFinance, ForexNetClub, SmartTradersInv, MoneyPlus, and GloboFunds (the first payment received).

That’s all for today and I hope to see you all on my blog tomorrow. I wish you a very pleasant weekend!