Hi everyone. I just received this e-mail from the main trader behind Private Program 2.
STRATEGY 2 DEALER BOOK CLOSING.
As of the end of this month our Strategy 2 dealer book will be closed to new
members, we will still be open to members wishing to swap their
accounts from Strategy 1.after the months end, also members are still welcome to
top their accounts up any time in both dealer books..
My apologies to those wishing to get into the Strategy 2 portion of this investment fund (higher risk, but higher gains). I had no idea the admin would decide to close this dealer book to new investors so soon. You can still get in before the end of the month, but you’d need to move quickly. This may be easier for those who intended to deposit via PayPal and have the minimum investment size already sitting in their PayPal account.
Then again if you can’t get into the second dealer book, you can always opt for Strategy 1. The performance of Strategy 1 is not that bad really. Here is a copy and paste of one month’s performance record:
August 2006 + 13% This is after withholding 30% of net income each month towards payment of club taxes at year’s end (June 30th).
Now more recent results:
October 2007 + 6.0% STRATEGY 1
November 2007 + 5.0% STRATEGY 1
The performance has decreased slightly due to the worldwide financial turmoil (as I’m sure you’re aware of), but if and when the markets stabilize we should be expecting 8+% returns again.