Newsletter: MutualWealth presentation, Uinvest managmenet chat with CEO (Eugene) RSS - comments

Hola mis amigos!

It's been a lovely, calm and pleasant week. In fact, it has been such a great time lately that I feel like celebrating.

As you know, my usual manner of celebration is lying on a beach with an umbrella-adorned drink in my hand. Today, however, I'm feeling somewhat more ambitious, if you can believe it. And ambitious people celebrate by doing something, not by avoiding work, right? At least that's what I've been told, amigos…

 

Since no new program has been added, we'd usually go straight to the news part.

Edit: in the last hours we have added a new listing: Invest Age. A short review will be made in the next newsletter.

But not today, mis amigos! It's time to acknowledge a program that has not failed us for the last 10 months. Not once did we complain about payouts. Not once did we nag them about the support team or unfriendly layout. Who is that, you ask? Have you heard about Mutual Wealth?

According to mutualwealth.com, the company's structure is actually two-fold:

"MWF Financial Limited (founded in 2009) is the issuer and manager of portfolios and Fleet Mutual Wealth Limited works with investors and accredited advisers".

Kind of complicated, but the crucial piece of information is that "both companies are under the same management".

With a motto "Building your future", Comodo-issued SSL certificate valid from June 2012 to July 2014, a domain created in 2008 which should be valid for another year, and a freshly renewed ad contract with money-monitor, Mutual Wealth seems to do everything to show that they are actually thinking about the future.

As I mentioned before, the website is refreshingly simple and appealing at the same time. The offer seems rather daunting at the first sight, but the "Most Asked Questions" section should prove quite helpful – you'll find it under "Help". The support team awaits for your calls (+852 39733868, "calls are answered from 9am till 7pm Hong Kong time), e-mails (info@mutualwealth.com) or inquiries via Facebook (https://www.facebook.com/mutualwealth) or Twitter (https://twitter.com/mutualwealth). Bear in mind, though, that e-mails are answered within 12 hours. As you may have deduced, the company's official headquarters are located in Hong Kong (Wheelock House, 20 Pedder Street Central), but the administrative section is in Cyprus, while the whole "IT infrastructure is located in New York".

What does it take to invest with Mutual Wealth? $100 – returnable – and at least 30 calendar days. You also need PerfectMoney or Bitcoin account, or you can simply wire the money in a traditional way. There are three major "Investment Products":

"Growth and Income", "Active Trader" and "Easy Saver" and the ROI varies between 2%-8% a week. The minimum to invest is always the same, but the investment periods can go from 30 to 180 calendar days, depending on the "product". How much have we earned so far? Let's just say our ROI is now 122%. And that is why Mutual Wealth is Number 2 on our list.

 

THE UINVEST SITUATION: MINUTES FROM MANAGEMENT CHAT

If you thought that the most recent UInvest management chat would help you understand everything that's been going on with UInvest, you might be a tiny bit disappointed. Still, it cleared some things out. Representing UInvest this time was Eugene, a chief executive officer and a co-owner who has been working for the company from the very beginning. Claiming to "know the situation from the 'inside'" and being "aware of the current situation and problems", Eugene should be the right person to ask any UInvest-related question. Thus, it came as a no surprise, that he addressed the withdrawals issue directly as soon as possible with a pitch about the newest marketing program. According to Eugene, the program should resolve "one and the most important issue we currently have - liquidity of UInvest products and correct functioning of money transfer system".

How? Eugene claims that "the new marketing program is designed to fix the current problems by making everyone interested in development of UInvest by taking a part in distribution of our products". The solution being "stimulating such activity of uinvestors and making them able to withdraw their funds much sooner than all others". Consequently, there are no distinctions between "VIP uinvestors, loyal uinvestors, AFPs, SFPs, old friends and newbies" and all that matters is "effective participation in the new marketing program", which results in quicker withdrawals.

Another change has been made with regards to the affiliate program: as of the moment, all uinvestors (by their desire) will now be a part of a chain and purchase of a share will mean instant compensation on their account". Still, if you have some serious issues and you don't fulfill any of the above mentioned criteria, be sure to contact UInvest at help@uinvest.com.ua and "be as informative as you can".

 

REVENUE TIMES WARNS AGAINST DUPLICATION

It's tough love with Revenue Times this week: from now on "you are allowed to update only one Revenue Times user account with a single payment processor account". Any duplication misgivings, for instance "holding multiple user accounts with a single payment processor", are now to be avoided at all costs since they will be persecuted.

 

PROBLEMATIC PROGRAMS

GulfInvClub is being really selective about the payouts: they only pay some users and only some, that is: small, amounts. Some may call it being selective, we call it a PROBLEM.

BRIC Invest Group has been offline for a couple of days now, which is also a PROBLEM.

 

Stay safe, amigos!

 

Yours truly,

mm_aficionado

Comments


2014-03-22 19:47:44

any more news or dose anyone know when mutual wealth will be up and running ....

2014-03-22 20:01:02

No news, and there is no hope that MW back online.

2014-03-26 07:50:44

how do i get my money back ...

2014-03-26 13:27:57

It would be almost impossible, because people behind MutualWealth are anonymous. If you had a large deposit there you should contact with a good lawyer who can contact with SEC.

2014-05-11 16:55:51

20692288/20575867

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