02/04/2010. FinitInvest Review and Other News

Hi everyone! Before the news today I’d like to talk a bit about a new program just added to my monitoring list called FinitInvest. It’s an interesting prospect in terms of the variety of plans on offer. Something that we don’t see all that often in the HYIP industry is a program that caters for you whether you like short, medium, or long term plans but FinitInvest is one that has all three. In light of a couple of recent closures there’s definitely a gap in the market for all three so it’s kind of interesting that one single program should try to cover them all at the same time. I’ll be curious to observe how that works out for them.

So there’s three investment plans in total for you to choose from, the first of which is called the Basic Plan and runs for 15 days. The minimum you can spend here is just $6 and the maximum is $6,000. Despite the short term the interest rate is still quite low, so while it’s definitely sustainable it’s also difficult to say it’s going to be popular. The payment, which is made daily, is 1.1% per day. That gives you a total profit of 16.5% at the end on top of your principal which is returned. Say what you like about the low rate of interest but it is intriguing to see such a short term plan that could be kept running as long as this one. In the right hands that is.

Following that FinitInvest have the Standard Plan. It costs a bit more to join but is still quite affordable and and also a bit more profitable. It’s open to deposits between a $12 minimum and a $12,000 maximum. The plan runs for 30 days and offers you 1.5% interest per day during that time. That would bring in a total payout of 45% which is profit on top of your principal which is then returned.

And finally for something a bit more substantial FinitInvest have the Premium Plan. This is a long term option that runs for 120 days. A bit pricey for the smaller players, the minimum you can spend here is $50. The rate of interest offered in return for that however is a more generous 1.8% per day. At that rate you would break even after 56 days and finish out the term with a total profit of 216% which is in addition to your principal which is then returned. A lot better than the previous two plans in terms of how much you earn, but it also takes you a lot longer to get your principal back.

The choice of payment methods is quite good. Apart from the usual suspects LibertyReserve and PerfectMoney, FinitInvest is also allowing deposits made through SolidTrustPay and StrictPay for those many of you preferring to deal with companies that require verification from their clients. Withdrawals will need to be requested and you are asked to allow the admin anything up to 48 hours to get it all processed. Though at this early stage it’s fair to expect things get done a bit faster than that.

As far as the security and design of the FinitInvest website are concerned, they tick a couple of important boxes. For one thing they are using SSL encryption which is always nice to see. They are hosted on a dedicated Staminus server with support and protection from Koddos. The script they are running off is licensed by GoldCoders. Any questions can be sent to the admin by either submitting a support ticket through the form on their contacts page, or else just by e-mailing him directly at the address provided.

If you’re interested in hearing about the outside business activities of the program, well they don’t really say a whole lot. Just some passing mention of “internet investment” and I think we all know by now that that means HYIPs. Pure and simple, that’s what they are. An online HYIP. But then again that’s what they all are so I’ll hardly hold it against them. They won’t be around forever, but there’s no reason they can’t be around long enough for us to make a few bucks for ourselves out of it either. Just remember the risks that accompany the game you’ve chosen to play and spend accordingly. But it only costs six bucks to join and not six million, so it can also be a fun and affordable extra to your portfolio. And I’m also curious to see how the blend of short and long term plans works out.

OTHER NEWS FOR TODAY.

Due to the Easter holidays there isn’t a whole lot of news to report this evening. But to start I would just like to say thanks to all those who wrote to me and suggested the best way to access PanaMoney website. So now I’m aware of that and suggest for you to do the same. So if you have any issues in accessing your PanaMoney account just like I did simply go to this address https://secure.panamoney.net/login.htm and try to login as usual. I’m sure you will not be experiencing any difficulties then. After requesting my payout today I was paid within hours so I don’t think there is anything to worry about. For more information on PanaMoney which currently occupies the #1 spot on my monitoring list please refer to my review (published here) or my interview with Allen (published here).

Due also to the Easter holidays some programs updated their members about not crediting the accounts on certain days. For instance, WestFinance (reviewed here) announced that the interest would not be credited to members’ accounts on Good Friday (today) and Easter Monday (next week) and the interests resume to be credited to accounts on Tuesday. To find out more about WestFinance please refer to my interview with the admin published here.

I was expecting that PrivateDiamondClub (reviewed here) is going to re-open for new sign-ups soon. I remind you that recently the admin of the program Lars decided to close the program to the new members temporarily until he could accommodate more deposits for the diamond trading in which the company is allegedly involved. So possibly already this weekend you will be able to sign up to PrivateDiamondClub again. That just proves my theory that online HYIPs simply cannot be closed for a long time as they need fresh incoming funds to sustain the payouts. Whatever they tell you don’t get caught in their net and simply consider all the “going private” and “going public” as a part of a shrewd marketing strategy with which they are trying to sell their program and makes it different from others which is not a bad thing at all. So here is the latest newsletter from the admin of PrivateDiamondClub (please note that the sign ups are still closed):
“The PrivateDiamondClub like to give you a short update! Our last weeks trading journey was a success…the good news are on the way, our head of trading gave Lars a feedback yesterday night and is now on his way back. He already announced what we would call a successful and a profitable trading journey and he is happy with the product. A news update from Lars and our head of trading will follow this weekend.
We wish all PrivateDiamondClub members and followers a happy Easter weekend!
Contact us if you have any question.
The PrivateDiamondClub Limited Team”.

The admin of DynFxTrade (reviewed here) offered some Easter bonuses today which will be a nice addition on top of your deposits into the following no expiry plans offered by the program: 1% daily, 6% weekly and 25% monthly. The interview with the admin of DynFxTrade is available on my blog here if you wish to find out more about them, and here is the news:
“Easter holidays bonus announcement
1) 50$ to 100$ will get — 10% deposit bonus
2)101$ to 500$ will get — 20% deposit bonus
3)Above 500$ will get — 25% deposit bonus
Offer will end on Easter Monday (2nd April to 5th April)
Thank you. Michel”.

I have been paid today from the following programs:
XZFinance, SureBetInv, RedOrchidInvest, Aballong, Oico, FinitInvest, EuroNanoInvest, WWFD, MoneyPlus, PrivateDiamondClub, ArbsTeam, PTVPartner, MyGrandFunds, TheKapital, Cashift, PanaMoney, EForexInvestment, InvestAward, WaterInvestment, Forex4Expert, StereaFunds, ScootFx, InvestProxy, Verifield, IncoForex, AtoxFinance, AtlantisMutual, Eternidex, CottonFunds, EzProfit, OneDailyPro, GoldenInvestment, YesInvestment, PrimaryPool, IntermedInvestments, WestFinance, SotInvest, Plents and AvaInvestment.

That’s all for today and I just wish you all a Happy Easter. In Israel there’s also a holiday called Passover this week and it coincides with the Christian Easter this year so I’m celebrating as well. I hope to see you on my blog tomorrow for more news from the industry!