My accountant found this for me

My accountant found something interesting a few months ago and checked it out thoroughly. Turns out the largest software company in the world entrusts them with over $20,000,000 of their investment capital, so our interest was peaked. We investigated and they have been doing this for at least 4 years, and are the only company to our knowledge which is licensed to do this in the US. They hold their investors money in banks not stocks, and use it to collateralize covered currency calls on the US dollar, which it turns out can only be written from Europe thus their license, for speculators worldwide. What's nice is that your capital never leaves the account or lowers since the exchange rate of dollar to dollar is always 1:1. Anyway they gain the premiums paid by speculators who buy currnecy options hoping to profit from exchange rate fluctuations. The premiums are paid up front so the company is paid regardless, and they are making enough consistently to pay us investors 13.2%/yr, paid monthly at

1.1%. If you would rather let it compound you receive over 30%/yr annualized, but I'm happy with my 1.1% each month like clockwork. :) We were also impressed that you can liquidate within 5 days if needed, with little penalty. Anyway, so we sunk 6 figures in and are pleased at the results. You can check them out at
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Get today's Wall Street Journal and see their FAQ section for a walkthrough proof. Very impressive. -Blake
Reply to
Blake
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Bitstring , from the wonderful person Blake said

I think you mean 'piqued', which goes to demonstrate your average level of competence.

NOT

Reply to
GSV Three Minds in a Can

"Blake" wrote

Let's see ... (1 + 1.1 /100) ^ 12 = 1.140.

That means 1.1% per month compounds to 14.0% per year. Even if the 1.1% per mth were true - where does "30%/yr" come from?

Reply to
Tim

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