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Old 01-10-2006, 01:18 PM  
rowan
Too lazy to set a custom title
 
Join Date: Mar 2002
Location: Australia
Posts: 17,393
Quote:
Originally Posted by Nicky
A friend of mine put $2000 in 12 daily pro, he got $2880 back after 12 days, and he those 2880 back in again, his pay day is tomorrow its gonna be interesting to see if he gets his $4147, he is probably gonna put it back in if he gets paid tomorrow, ive told him that some day they will stop paying and that it could be any day.....
That's what I meant by leveraged to the hilt, letting your funds sit in there and compound rather than periodically withdrawing a portion of your profit in each program (and giving yourself a pat on the back when you break even, it's pure profit after that )

He can let it sit in there indefinitely and it may compound to a huge amount... but they could walk away tomorrow and he ends up with a $2k loss instead. He's seeing the fantastic returns but he's not thinking about managing the risk.
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