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02/01/2010. WeeklyDividend Review and Other News.
Articles - Daily News
Written by Peta Wilson   
Saturday, 02 January 2010 16:06

This program isn't paying! Please don't invest! 

Hi guys! How are you? To start my weekend I decided to review a new High Yield Investment Program, called WeeklyDividend. It started today, so we can say it is a "fresh" one. The admin of this program decided to use the popular concept of "paying forever" and I`m sure we will see more of these programs popping in next months.

As always I start with explaining the plans in a scheme, which you can read below;

Name of Plan ROI (Return Of Investment)
Term
Minimum you can invest
Maximum you can invest
Seed money back after
 
Forever Daily Starter
1.10% daily
Forever
$1$50 000 91 days
 
Forever Daily Novice1.30% daily
Forever
$1 000
$50 000
77 days
 
Forever Daily Expert
1.50% dailyForever
$4 000
/67 days
 
Forever Weekly Starter
9.00% weekly Forever
$5 $50 000 +/- 11 weeks
 
Forever Weekly Novice 10.00% weekly
Forever
$1 000
$50 000
10 weeks
 
Forever Weekly Expert
11.00% weekly
Forever
$4 000
/
+/- 9 weeks
 


As you will notice, there are 2 plans: a daily and a weekly plan. I would recommend you to invest in the daily plan, as you reduce the risk a little bit. However, the weekly plan pays a higher ROI, so you will get your seed money back more quicker. To be honest, I like the plans and I also think they are sustanaible for some while. So if the admin, has the best intentions, it can last for quite some time, but as you know, we can`t predict this.

WeeklyDividend accepts 3 payment processors: LibertyReserve, PerfectMoney and StrictPay. This could be better, but in overal it`s quite OK. The payouts will be processed within 48 hours, but in the beginning it will be probably much quicker.

WeeklyDividend uses a custom-made script and I`m quite impressed till now. It looks like a simple, nice and safe script. The admin choosed to be hosted on Fivva Networks, which does the anti-DDos protection for their site. For the beginning this can be good, but if they become more famous, I hope they change from hosting provider. Why? Fivva Networks is a provider, which has a low-protection, so this means the site can be hurt if there are big DDos-attacks. However, I`m pretty sure Fivva Networks is OK in the beginning. WeeklyDividend also choosed for a SSL encryption, which secures the connection of his members. 

WeeklyDividend claims to be investing in the Forex market, but as long as I don`t see a proof of this I don`t make much attention to it. Till now, there is almost no company which I believe is really investing the funds of the members, so please treat this progam as every High Yield Investment Program.

In general WeeklyDividend looks great and if the admin has the best intentions, I am sure it can last for some time.

Other news for today.

MandarinInvest has his own forum from now one. You can read the full update below:

Dear moneyviews,
we are glad to announce that Mandarin-Invest now has its official forum, where you can discuss the program, post feedback and communicate with other members. The forum is located under the link below:
http://forum.mandarin-invest.com/
Sincerely,
Mandarin-Invest Team

Every 18th of the month, the best sponsor of FxStar will be choosen. This one, will win a nice price. You can read the update below:

Dear investors! Best sponsor will be determined on the 18th day of each month. So hurry up, you have 19 days to become the best sponsor of January 2010.

That`s all for today. See you tomorrow with the best news of this industry :)

 

 

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