Hi guys! It occurs to me today that one thing we don’t see enough of in this industry is comebacks. Rocky Balboa made a couple, lol, but HYIP admins tend not to. It’s fair to say then that one of the most keenly anticipated events in the HYIP arena recently was undoubtedly the re-launch of XagaEnterprise, a popular long term investment program.
The reasons for their closure are well documented and indeed hotly debated elsewhere. It’s not necessary to go into that all over again here because the most important thing is that XagaEnterprise is fully functional once more and all existing members from their previous incarnation will have their accounts honored. And for that the admin is to be commended. Few, if any, involved in the running of online HYIPs do so under a real traceable identity and he could easily have disappeared and taken the members money with him. But he didn’t. So if you were one of those joined the old program you need to get in contact with the admin with your details and your payments will resume from where they left off. And if you feel that you should be entitled to be paid while the program was offline on the grounds that he was continuing to use your deposit to run his business, then you will have to take that matter up with him yourself.
Anyway, getting back to business, not much has changed in terms of the investment plans on offer from XagaEnterprise since it was originally reviewed here last May. I say “investment plans” but of course there’s just the one of them. You can make any size investment you want (strictly speaking this needs to be between $1 and $100,000 but I think this includes everything) and earn a basic 1.2% interest per day for the duration of the program’s existence. That’s a slight increase on what used to be paid, but payments are now made 5 times per week instead of 6, so the earnings are actually less in the new version. Payments are made Monday through Friday only and you are requested to allow 24 hours for payments to be processed. So if we take the easiest example of a $100 investment, that’s $1.20 that get returned to you five days per week. That will add up to $6 every week which means you should have your principal earned back and start earning pure profit at the beginning of the 17th week after joining. Payment options are the standard fare of online HYIPs with LibertyReserve, PerfectMoney, and StrictPay being the only ones accepted at this point. You may remember that SolidTrustPay was added to the list in the last version of the program, but was withdrawn due to their belief that XagaEnterprise was in violation of the terms and conditions by doing business with casinos. So don’t expect to see them here again.
Make no mistake, this is going to take a lot of patience. And when you take into consideration the fact that your principal never gets returned, no small leap of faith either. But now remember that the guy running it had every opportunity to run off with the members money already, but chose instead to re-launch the program and honor his commitments previously made on the old version of XagaEnterprise. Say what you want about the circumstances surrounding the previous version’s closure, but this tells me what I want to know about character of the person who is going to be handling my money. In fact his intentions are all but indisputable. While there are always going to be factors that remain totally beyond the control of any admin that can affect a program (just ask GNI!), it’s safe enough to assume the admin will play his part and do his utmost to ensure the long term success XagaEnterprise.
One of the areas that has been vastly improved upon since the program’s re-launch has been security. Gone is the old shared server and in comes a dedicated one so that’s a great way to kick things off. The script remains the same, being licensed from Neversay. Customer support remains unchanged and is still available via an online e-mail ticketing system and also through Live Chat for answers in real time when the admin is logged in.
Another thing that’s improved is the design. I know it’s purely cosmetic and of less importance to long term programs than short term ones, but in this case it really is a marked improvement. For instance the last version of XagaEnterprise didn’t even have an FAQ page which only creates more work than is necessary for the admin. That has now been fixed and the site is all the better for it. Generally in fact it’s all a bit more user friendly now.
The best thing I can say about XagaEnterprise though is to repeat what I already said about the admin. He had the opportunity to scam but he didn’t, and while the cynics might say that’s just because he didn’t earn enough out of it at that point, he could still have launched a new program under a different name. By the way I have interviewed him in the past and you can read what he had to say about his program and about how he claims to be funding the payments to the members here. When reading though just keep in mind that a few things have changed since then.
So if you joined XagaEnterprise in the past, you may be pleasantly surprised to learn that you are still a member. If you haven’t joined, it’s as good a long term program as most.
Other news for today.
Some surprisingly good news came today for all the investors of AsianInvestGroup (reviewed here). It seemed almost impossible that the program could survive after almost a week long downtime. Even though the amount of deposits obviously suffered due to this event and investors’ confidence in the program seems to be shattered due to the lack of communication from the admin’s side AsianInvestGroup is still alive. Some investors have already reported on public forums that the instant payments have resumed which is certainly a good sign indicating that the program could have some future. Will it be bright? Well, I don’t know that though much will be up to the admin and how the program will continue. If you are hesitant about a decision to join AsianInvestGroup I would suggest you wait for a week or so and see how things are going then. Now the program is too unstable to invest IMHO and there was no official update from the admin yet. This is simply unacceptable as the investors have a right to know what the reason for that downtime was and (more importantly) what was done to ensure it won’t happen again in future. I can say that some protective measures have been taken by the program’s administration already regarding the stability of the program as the weekly rates for the previous week were announced and they were very low compared to others. I hope this measure will help them to cope with the lack of deposits during the downtime (there is no substantiated proof that AsianInvestGroup is actually trading with the members’ funds) and extend the lifetime of this otherwise excellent program. But then shortly after coming back online and making the payments, the site appears to have disappeared once more. Here are the weekly rates announced by AsianInvestGroup:
“Our rates for current week are the following:
Optimized Portfolio – 6.5% weekly (-2.2)
Aggressive Portfolio – 4.2% weekly (-5.8)
Optimized Portfolio Premium (for investments of $1000 and above) – 9.5% weekly
Aggressive Portfolio Premium (for investments of $1000 and above) – 7.2% weekly“.
Somebody asked me if I was surprised by the enormous success of such program as BestInv. Well, to tell you the truth I wasn’t. Everything was already in place for this kind of success and like I mentioned in the review (published here) it was the short-term program I was the most enthusiastic about. Having offered such high-ROI plans as 120% after 5 days, 145% after 10 days and 175% after 15 days, having good licensed script, beautiful layout and first-class DDoS-protection, accepting all the popular e-currencies BestInv program was destined to be a huge success. But most of all, I would like to note the administration capabilities of Olivia who has as her main aim to get her program as big and popular as possible. And she has achieved that already. Isn’t it great that such a program like BestInv has about 3,000 members at the time of writing and just after 18 days online. The most important factor contributing to this success is undoubtedly the super fast payouts and a very responsive admin (somebody on public forums even called Olivia the most active admin he’s ever seen and it’s a great compliment in my opinion). I always wonder how she managed to handle 3,000 members and pay so fast while providing top-notch support at the same time. If you wish to hear from her you should really refer to the interview with the admin of BestInv published here.
But before I finish with the news about BestInv (with the most recent update from Olivia) I would like to remind people to stay calm. The thing is that BestInv is simply a game and please don’t treat it as an investment project. As in all games there will be winners and there will be losers so only spend what you can afford to lose. It’s simply impossible to provide such high returns from any kind of trading on a consistent basis. So please disregard all the stuff about real trading etc. Everything else is going simply fine.
Somebody also asked me how long BestInv will last. Well, as I said since it’s just a game everything will depend on new deposits coming in and while the money coming in exceeds the money going out the game continues. Of course, the admin can stop the game at any time so please take this factor into consideration. So far I think everything is fine as I don’t see any signs of imminent collapse. The following update from Olivia, the admin of BestInv, would suggest the same:
“Dear Members, I feel extremely proud and happy to announce that we have successfully completed 1 month today. It was obviously a rough ride for us, we came across various highs and lows but we braved them all.
Our member base is increasing at an amazing rate, the count has already touched 2666. Thats simply astounding. We have lived to our principles and have been utterly honest and frank with all the our members and their queries.
The total deposit base has reached $241,390.53 and total fund withdrawn is $74,511.08. This is a very healthy sign. You must have come across programs where the deposit volume is very high but at the same time the withdraw volume is equally high. Now that’s a bad sign, cos people are into the hit and run policy. What is our objective is to make our program a STICKY investment platform, where people will invest and let their funds grow.
By the way there were several SCEPTICS who raised finger at us questioning our sustainability, let me tell them that our existing plans are PURELY promotional in nature, that means after 1 month we won’t be continuing with the same plans as now. We have planned to launch the DAILY commission plan from September’09 onwards, wherein we will offer commissions ranging from 1-3% per day. Good news is that we will offer compounding on all the daily plans.
So friends, August is the month where you can maximise on the Special plan that is on offer now. Your money will literally grow 3 times in Special plan in 30 days ..DO YOU KNOW THAT??
Example: $100 becomes $175 in 15 days and $175 will become $306 in the next 15 days, so $100 is actually becoming $306 in 1 month and that’s AMAZING.
So friends, there is no looking back now, if you have faith in our system and principles, then just go ahead and invest the the Special plan and get maximum benefit out.
Practically speaking we are neither a HYIP or a HYPE but we are a investment platform which will work towards building peoples money. In todays scenario the word HYIP is very much hated by many, so that why we don’t want to be addressed by that word.
I repeat, follow your instincts and make investment wisely in our program, you will definitely get a positive result.
We will last till the point when no competitor is around and we will strive to give the best service until every member is completely satisfied with us.”
That’s all the news for today guys, so I’ll just finish with the list of programs from my monitoring page that paid me today: RegalProfit, ExcellentProfit, YesICanSurf, CoolReturn, PanaMoney, InvestiMates, CorpusTrust, GeniusFunds, RoxiTrade, AsianInvestGroup, StableInterest, GoldNuggetInvest, ElegantMoney, InvestmentForge, EnscoOffshore, AssetsParty and BestInv. See you all on my blog tomorrow!
Filed under Daily News, Reviews by on Jul 27th, 2009. Comment.
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