This article was written while “burning the midnight oil. Why? Because about 95% of the readers who call me have a significant portion of their wealth being pummeled by the Wall Street meltdown.
Let’s take a look at the sad facts. As this article was being written, the Dow Jones Industrial Average plummeted 679 points to close at 8,579. The high during the past year was 14,280.
Here’s a fact you should burn into your mind: The Dow goes up slowly, but comes down fast. It took 3½ years for the Dow to rise from 10,000 (January, 2004) to its 14,280 high in mid-2007. Not bad, a 42.8% rise, that’s 11% per year compounded.
But watch out below. That 8,451 close in October ended as the worst loss week in the Dow’s 112-year history—down a horrific 1,874 points for an 18% loss in value for the week.
The bailout is a laughable flop. Even more troublesome is the historic fact that when the DOW starts to recover, it probably will rise slowly. Just how many years will it take for the DOW to climb back to 14,280, a number that would only allow us to break even? I can’t say for sure, but it will probably be quite a long time.
Let me say it loud and clear: WALL STREET IS OBSOLETE! No, it’s not just the recent collapse of the Dow. The entire business model is outmoded.
Think about it this way. If you have $1 million in your brokerage account, your entire $1 million of capital must be fully invested (and put at risk) to maximize your potential for capital appreciation (sometimes with an equal or greater potential to suffer a shrinkage of your capital).
If you go conservative by investing in CDs, tax-free bonds, U.S. Treasury notes or similar so-called “safe” investments, you must tolerate the pain of paltry rates of return. Often these rates are lower than the annual inflation percentages. Sadly, your wealth erodes.
Is there an alternative? Yes. It’s an ultra-conservative software program that produces steady, reliable and spendable income. The software manages your capital in two ways: First, it protects your capital from loss. Second, the software manages your capital to consistently earn income at unprecedented high rates of return, which I’ll define with real-life examples in a moment.
But first, here’s a warning. As you read the examples, you’ll undoubtedly say to yourself, “Sounds too good to be true.” That was exactly my thought when I first heard about the almost- magical feats of the software.
What exactly does the software do? It manages your money by a system called “auto-trading,” opening and closing positions in nano-seconds without human intervention.
It earns very high rates of return, and consistently earns profits (usually daily, and often more than once in the same day). It has never closed even one of its thousands of positions for a loss, and it protects your capital from loss. And when you make money, only your profits are shared with the developer.
The software has nothing to do with buying or selling stocks or bonds or any other Wall Street-type instrument. All positions are either on the Forex (trading foreign currencies) or taking positions in the futures market.
And, even in a volatile market environment, an investor can earn. In fact, the higher the volatility, the more likely the accounts will enjoy a higher rate of return.
In order to verify that the software does all that the developer claims, I insisted that we open a joint account (to be called our “test account”). He agreed, and we did. Each of us put in $50,000 for a total of $100,000. The first position was opened in August of 2008. On Oct. 12, 2008, the balance in the account was $155,500.52, up 55% in 10 weeks.
Congress failed to pass the so-called bailout at midday of Sept. 25, 2008. The Dow immediately plunged a record-breaking 777.65 points. But the software loved every minute of the Dow’s dive, enjoying the best day since its inception in 2000. The reason is that extreme volatilty produced extreme profits. Each starting S&P contract enjoyed over a $30,000 profit by the end of this single day.
The next day—Friday, the 26th—the Dow climbed 485 points. A great day up for the program. It was like a walk in the park. Volatility, this time to the upside, did its magic again, delivering a profit day for the S&P accounts of over $20,000 for each starting S&P contract.
Remember, past performance does not in any way predict future results.
Of course, you want more information. I wrote my first article about the software two months ago and since then, we’ve been overwhelmed with requests for more information. So, we have created Plan B. The developer will host a webinar (you can listen on your phone and watch on your computer) to explain how the software works and will answer all your questions—live—at the end of his presentation.
The minimum investment at this time is $500,000. (Note: We are in the process of transferring our test account plus the necessary additional funds to make it a $500,000 account.) Your account will be segregated, controlled only by you; and only you will be able to take money out. To accommodate those that can afford to open an account for a minimum of $100,000 but less than $500,000, the developer intends to start a hedge fund. Then, anyone who is a qualified investor can join the profit-making fun.
To join the webinar (held every Saturday at 10:15 a.m. Eastern) please fax your name, address, phone numbers where you can be reached and the nature and estimated amount of your funds (personal, company, IRA, other) to 847-674-5299. Please mark “software” at the top of the page followed by your email address.