Something is missing in the HYIP industry: HYIPs. That's right. Real HYIPs.
Sure, there are scores of Ponzi-style scams which have adopted the moniker.
Thousands of them. But customarily, they do not invest money, and they do
not produce sustainable income, high-yield or otherwise. (Years ago, when I
was an NASD Registered Representative selling mutual funds, HYIPs were
High Yield Income Programs, and they were typically based on lower-rated,
deep-discounted, income-producing, corporate bonds, stable equities,
commercial paper, government issues, and other assorted instruments.)
The objective of up-tix.com, is to create a real High Yield Income Program.
Initially, the ever-evolving portfolio will be comprised of online investment
opportunities. No funds will be knowingly committed to Ponzi programs. To the
extent possible and feasible, due-diligence will done, the objective being
some level of transparency in our targeted instruments. But it should be
borne in mind that in any substantial risk/reward ratio, it is a minefield out
there. Prudence in a minefield helps - but it doesn't eliminate the mines.
up-tix, will endeavor to position and structure itself on a best-efforts basis to,
at best, avoid drastic measures, and at least, to avoid sudden, drastic
measures.
Quality investment programs, managed accounts and legitimate
income-producing vehicles, more often than not, carry with them relatively
exorbitant minimum-investment levels. Typical and possible portfolio
inclusions, to be outlined as the up-tix.com website is constructed, will be
those quality programs with entry fees otherwise prohibitive to the small
investor. As the up-tix mission will be income-oriented, portfolio management
will seek short-term, income-producing instruments to facilitate maximized
cash-flow, buttressed by intermediate implements. Capital growth, a
secondary objective, will be accomplished via similar instruments. Only a low
emphasis, if any, would include short-term speculation. Long-term
speculation is not a current objective of the project, thus precluding direct
forays into equities markets. Hence, the strategy focus contemplates up-tix
maintaining a minimum investment requirement affordable to virtually anyone
with an e-currency account, thereby making it possible through pooling, for
the small investor to elevate his/her income almost immediately, whilst
maintaining a high level of diversity.
As up-tix will be income-oriented, withdrawals will not be necessary as
payments to investors will be made regularly and semi-automatically, (that is,
manually, with no action required on the part of the investor, and at roughly
even intervals). Weekly payouts of a fixed percentage for a fixed period to be
adjusted upward, and accelerated when possible, are the program's intent.
No referral fees will be paid by up-tix.
All payments to and from up-tix will be made, initially at least, to and from
investors' and up-tix' e-currency accounts, thereby eliminating the possibility
of program paralysis and theft from hacking, DDOS attacks, etc. The need for
in-house accounts and heightened security measures will be addressed as
conditions mandate.
Consumer interest and the growth of the program will dictate the need, if any,
for the development of mass/auto pay features, as well as other software
upgrades and personnel additions.
The up-tix project will not seek inclusion in fraud-laden rating sites. Nor will we
display their banners, logos, and links. Dictated by need and interest,
in-house communications software would be embraced as up-tix evolves.
The Internet "HYIP" industry has plunged to such an unprincipled, cutthroat
level that even the authorities sometimes turn a blind eye in despair.
Well-respected rating sites within the industry openly and knowingly promote
scams, and therefore, scamming. Indeed, Ponzi schemes and their creators
are now deemed "honest" if they last a few weeks. It is not the objective of
up-tix.com to save the industry. But we will endeavor to rise above it.
Sound investment fundamentals will be emphasized by up-tix: Keep your
spends well within your personal budget structure. Recover your risk capital.
Re-spends should be derived from profits. Exercise discretion. And this is
very, very important: up-tix will offer absolutely no special advantages to one
investor over another regardless of, or based on, when he invests or how
much he spends. So, if you are overly skeptical about up-tix, or any
investment vehicle, then by all means, step back and observe progress for as
long as you need to. Like so many good things in life, trust is earned.
The belief here is that with a healthy mix of responsibility, sound decisions,
earnest effort, good faith dealings, and favorable fortune, there is no reason
why up-tix.com should not become one of the best income-producing
programs on the Internet. Stay tuned.
Thank you for your consideration.
Regards,
Ed
