Wow. I don't know what I did but all of a sudden I have a lot of hits! I went from like 2 (me) to 98! Cool. I even got an email from a fellow near Pineville, NC with a question or two about Felmina. Nice.
I have been having a bit of success lately I guess. Earnings are up still to about $100 in JustBeenPaid JSS-Tripler and I'm now at over $11 with Felmina. I opened Felmina accounts for my wfe, all of my kids and a bonus account for experimenting. That's 7 accounts with Felmina in all. All except the last one are locked in at the max rate on enhanced option. The final one which I will fund today with excess earnings from JustBeenPaid I'm going to set at 80% compounding. That way I can compound the remainder if I want to but still have a degree of liquidity along the way if I need it.
On the AlertPay/Payza front I'm having an issue with my BoA debit card. For some reason it will not authorize. This is not a problem for me because I am simply spinning off interest from JustBeenPaid to fund Felmina via AlertPay. I have not sent one cent directly to AlertPay from my bank. I would like to establish that link however. With SolidTrustPay is easy. No problem. I'm thinking of trying my E*Trade debit card and if that doesn't work, shopping for a new free bank account - perhaps a credit union with debit card that works.
I ran a couple of scenarios that really speak to the power of compounding. $20 per pay period for instance. Anyone could do that right? Most people spend that on snacks and drinks from the vending machine. Anyway, $20 per bi-weekly pay period beginning June 1st in a Felmina account grows to approximately $1,000 by 12-28-2012. Nice. May 8, 2013 and it's 5,000. By October 17, 2013 it's $50,000. December 5th and it's $100,000. By February it has grown to $250,000 - topping out and becoming a 1.3 million dollar money machine earning you $5,000 per week day. How 'bout that? And you did that by saving $20 per pay period and giving it a little time. Hello. Now THAT'S a financial plan. LOL.
Another couple of examples of some different lump sum investments. Using the enhanced compounding option of course. Currently you can choose to use the enhanced compounding option for 3 terms - 90, 135 and 180 days giving you extra 0.2%, 0.3% and 0.4% respectively every business day during the selected term. Plan 1 becomes 1.4%, Plan 2 becomes 1.65% and Plan 3 tops out at 2% when your account hits $20, $1,000 and $5,000 respectively.
$100 under these conditions grows to $1,263.
$200 yields $2,859.
$500 grows to $9,356.
and $1,000 returns $25,132. Wow.
I suggest getting started. I'm playing with the house's money now and loving it. The sooner you get in, earn some interest, and take some off the table the better. In any one of these scenarios you could take your original investment back out after a very short term. Heck that 2 or 3 times your investment and just let it run. See you disciplined you are.
Watch your $20 grow to $247 grow to $3,666 grow to $121K grow to $250K. That's a maxed out money machine in 36, 72, 108, 144 weeks or so. Two to two and a half years roughly.
Think about it. What would you do with an income like that? Not $5,000 per week as the PCH promises to lucky winner. We're talking $5,000 per business day to the person who invests a little and gives it some time - only 2 and a half years. Won't you join us?
To your success,
Ward Hammond
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