News

2006-12-30, 18:27:23	return
December 2006 was a LOUSY month for HYIP & AutoSurf!
InvestPlace was the most recent of a rash of programs that has failed this month. It disappeared without notice on the 28th December. There was NEVER any solid information about just how this site generated its revenues and it had been in operation since July 2005. It probably was either a straight ponzi that either ran out of money or the recent upheaval with the crashing of 12by12Daily and 13DailyPro caused investor skittishness which has put strain on MANY programs, the weaker of which are now failing in a domino effect. It is also entirely possible that InvestPlace, like so many before it was using other programs for generation of revenue and when those programs fail, they take a significant amount of capital AND revenue with them. Either way, it should be a warning to all that you should not put a substantial amount of your total portfolio into high-risk programs. However, even the so-called solid, conservative funds are not doing so well. Feeder Fund stood for a long time as a shining example. However, now that FXIG, ITS et. al. have run into significant problems, FF's world seems to be crashing around its ears..... As always, there will be new programs arising that offer hope to the disenchanted as long as one can preserve enough capital to keep going. You will note that we have recently added 3 new listings all of which promise to help redress the spate of failiures!