can somebody brieftly tell us what the swisscash is about? maybe those involve can share some experience here... Thanks

Okay, here are a few facts :

(1) Fact 1 : They're operating out of a virtual office.

(2) Fact 2 : Some of their female staff appear to have male names.



Just because you make money doesn't make it legitimate. Ponzi schemes make money for the earliest participants too.



Read the post carefully. Nowhere did I say it was a scam. I said it was probably a HYIP.



Again, nowhere in the post did I say it was a scam. I said it was probably a HYIP.



I didn't say it was a.. never mind.



The fact that they are paying "on schedule" does not rule out the fact that it's not a HYIP. A lot of HYIPs pay "on schedule" until they crash.



If I wanted to make money that badly, I'd be dealing in drugs or porn. The returns are way better I'm definitely not putting my money in a company that appears to be lying to me.



It depends on the kind of risk you want to take.

Gravity,

You said you had done your research. So please tell us,

1) Under what market condition, you will lose money.

2) Under what market condition, you will make money.

3) What is sales load for this fund?? Is it front loaded or back loaded??

4) What is the annual management fee for this fund??

5) What do this fund invest in??

6) What this fund does not invest in??

To achieve that kind of return that you are talking about, someone has to take a very significant risk.

Dreamer

For your fact 1:
you cant say that their office are virtual office unless u have actually been there.

Fact 2 : the photo of the staffs in swisscash doesnt necessary resemble the team.



well then can u tell what ponzi schemes from the past that had a professional website? paying money on time? and provide sms services?


Your previous post indirectly telling us that sc is a scam. Well anyhow, now i will assume u do not think it as a scam. For your information, Swisscash is a NON HYIP. HYIP can give you double or even triple of what swisscash is now offering.



dealing drugs and porn are illegal and unethical but swisscash is not. Please,give more logical answer if u want next time.

U can refer to the website. I researched about the company existencem and had seeked advise from some professional investors, who are my relatives and friends. They told me it's worth to try as what they provide is possible in an offshore country. For your info, they too had already invested.

In conclusion, my best guess is either you work for Swisscash or you have no idea what you are getting into.

If not, you would had answerred my questions... What is the wisdom in investing in something that you cannot explain in a simple fashion to someone else??

Dreamer

This post has been edited by dreamer101: Mar 15 2006, 09:00 PM

I bet the satement above is the accurate answer.

Mr Gavity, please

1) Do more research if your want to invest your money into this type of "investment".

2) Do more, more, EXTRA, EXTRA, EXTRA 1000X research before inviting other people into this kind of thing. Do not even suggest anything that you are no 100% sure.



This post has been edited by jalut: Mar 15 2006, 09:29 PM

After reading some replies here, I can't help but agree to the fact that the "investment" offered by swisscash.biz is highly questionable.

There are a few reason as to why I have doubt in this "fund".

1) The CFO of swiisscash. For someone who is able to perform such miraculous investment across different markets, he sure has a very low profile and I couldn't find out more about this person besides a lawyer sharing the same name with him.

2) Interesting fund to have. For a fund which performs so well, I do not see it being listed on Fortune Investor Guide 2006. Aside from that, the return by Swisscash.biz can be said to have beaten the S&P 500 by a huge margin (the best performer recorded between 2004/2005 is TKF - Turkish Investment Fund 71.3%)

3) Lack of details. Comparing to well known funds such as Vanguard (One of the 10 largest funds in the world), swisscash.biz offers awfully little details such as management fees, expenses ratio, yields and etc.

Lastly, I can't help but think the website is very nicely done to attract people who are interested to invest but lack the alternatives to do so.

*I am not trying to say what's right or what's wrong since you have already laid down your investment, you can always consider an investment as good when you can go to bed every night without any worries at alll*

Some info regarding Swisscash

http://www.scamfraudalert.com/showthread.php?t=1191

Regarding the forum

Erm Dreamer, please do not misunderstand and jump to the conclusion. I was busy during the time i was posing my previous reply, and if i had explained, i would basically repeating things that are same with the website, BECAUSE I READ FROM THE WEBSITE too. I only investing in SC, What i did is the things that are needed to do for an investors and what i know is also things that an investors should know. It doesnt mean that i have to know everything for that particular business. What u asked was what do they invest, and what do they dont blahblah. If u do wanna know then u should go READ what their website write. And yes, i did alot of researches before i invest. I have search thru the web to seek what they claim to be, seek advises, analyse the pro and cons, the profitability and the risk. Sorry if i say something wrong.

Mr jalut, please. have you ever heard of high risk high return? Can u find any invesment that is 100% safe? Even if u put your money in the bank, financial crisis could happen anytime. Who knows what will happen in the next sec.



thx geminist i appreciate your comment those are good pieces of information. Although i had invested, but i do love to learn.

Gravity,

1) Do not post or recommend something on this thread unless you are willing to explain or defend it. You have a responsibility for your own post and those people that read your post.

2) If you cannot explain simply in a few words what you are investing in it, I have serious doubt that you really know what you are doing.

3) Yes, we know we take some risk with some investment. But, we should know what kind of RISK that we are taking. And, when will our investment fail to perform. If and when we know that, we can balance our investment with other assets that balance and cancell out the risk. So far, you had shown no information that inidicate that you know what kind of risk that you are facing inspite of your claim that you did substantial research and talk to some serious investors.

My conclusion stands. You have no idea that what you are getting into.

Dreamer

This post has been edited by dreamer101: Mar 16 2006, 08:49 AM

swisscash. I e-mail them couple of question.



and this is the reply

And I did also ask :

Nope. No answer on that. They just didnt want to answer that ?

And also they took 1 day to reply my e-mail. Which is for me is slow. But at least they reply.

Lets just watch closely on this swisscash. If you're going to invest in I suggest to withdraw the amount you've put in it as soon as you got back the exact value. And use the extra to re-invest. That way you already gain back your money so you have nothing to lose. I guess.

Haiya Gravity... You clearly misunderstood what I said. What really meant is 100% to the legality of the investment scheme. So far nobody is confident enough that Swissbank is a true and legitimate type of investment. They even cannot provide the detail where they actually invest the money and managed to give such high return compared to any investemnt scheme that are proven to be legal.

There is a difference between "doing the right thing" and then later "doing the thing right".

okie, i get your point. Then do you have any better investment to intro?

Nothing that you didn't know already. . Personally I wouldn't dare to suggest any type of investment to anybody especially if it involve high risk. I wouldnt dare to risk other people's money for the sake of my own benefit. I also will stay away from any kind of ponzi (and variants), pyramid scheme and autosurf or any kind of referral based investment. I prefer to go for a legally proven type of investment.

I will make sure that I am doing the right thing first.
Then only after I made my decission, I will make sure that I'm doing the thing right (so far this is the hardest part, still learning though... ).

This post has been edited by jalut: Mar 16 2006, 02:45 PM

I wanna ask how to get master program (investment). I mean what is the name of the university?? :respect

Does getting the master in investment considered good ha? I rather finding those experienced people like SPM, Cert or Diploma graduated person to help me invest more than those unskilled master graduated student. Sometime, i said sometime you can see unlce aunty are far more knowledgabled and more experienced than those in the financial sector....
No hard feeling antok... just telling my opinion. If i were you, i think i rather involve in this business to experience and to practise more, rather than spending my time taking those program. But i do agree if you wanna get the master in order to enter bigger company or famous financial institution in the future as their financial analyst...

This post has been edited by ...PS...: Mar 16 2006, 07:17 PM

antok,

You are asking a wrong question!!! You want to get into master program (investment) in order to get some kind of job. So, what kind of job are you hoping for?? Unless you tell people what you want in term of career, how do you know a master program (investment) is the right thing for you.

For example, a lot of people that work in Wall Street either has a MBA from the top 10 schools in the world or some of them has a Master of Economic from University of Chicago.

Dreamer

If virtual office address = company address then company = virtual office. Sounds logical to you ?



Right. Put a photo of five people under the title "financial team" and then beside that five names. But the pictures and the names don't have anything to do with each other. Might as well say the names aren't necessarily those of the financial team.



A lot of HYIPs have professional websites. Studiotraffic had a professional website, and paid money on time (for a while at least.) There's nothing really to stop any HYIP from providing an SMS service.




What makes a HYIP a HYIP is not the return, it's the transparency. For instance, you know where the local mutual funds invest, they have track records you can look up, they tell you exactly which countries they are investing in, and what their main counters are.



Unlicensed deposit-taking schemes are illegal in this country. So yes, swisscash is illegal in this country. As for unethical, I fail to see how ethical it is to recommend that someone invest money in something you know absolutely nothing about.



So what did you find out about the company ? have you tried asking a professional investor who isn't your relative or friend ?



In high-interest countries you might maybe get 10-15% a year. And even that is risky -- you will have to convert the money to their currency, so if the exchange rate goes the wrong way you will lose a lot more than what you get in interest.



It's their money. If it was me I'd never do that.. most (if not all) of them are going to be your relatives for the rest of your life.. if they lose money, relations are going to be very strained. I'd never be able to look them in the eye in again if that happens.

they arent that PROFESIONAL if they had already invested into this

Yes they are profesional. My relatives had been managing in this kind of funds for a large company for the past 10 years. i forgot what was the company's name. If u are interested to know then i can ask again.