I have 50K collecting 1.4 pct interest.

The other thing there is no phillippine bank giving 20%  interest for your money cause lloyds TLC bank in london is only giving 4%  interest per annum on there platinum account but thats only if you are a residents of the UK.

Maybe that phillippine bank is giving 20% on there currency which is filipino pesos but not in USD. lol

The reason I like to use other people credit is because they can come back to other people and say yes this trader is paying up and making me money. If I trade on my own money people wont believe me of my success so I use other peoples credit so other people can testify that im a A rated trader.  Thats how I work!! 

Maybe that phillippine bank is giving 20% on there currency which is filipino pesos but not in USD. lol

Explain to me what you meant by this, because maybe I am reading too much into it.

What im saying if you put 50.000 USD into the phillippine bank they will give you 20% in phillippine pesos not in USD. It would be like investing 50.000 Filipino pesos and receiving 20% in filipino pesos but not in USD thats what I meant!! 

Quote Originally Posted by rick3117:

I understand how Ponzi schemes work. 


Good luck.

 Have you seen my 2nd half picks on college basketball. you come to the college basketball section at the 2nd half  today and I want you to pound it just to make sure you made some serious money!! I come here to make people money not to take away money from them the other thing I like to use other peoples money so I can do it as a business and same time pay my taxes which gamblers do not!! I do this as a living for more than 20 years. You would have to try it to believe in it GL

Quote Originally Posted by rick3117:

I understand how Ponzi schemes work. 


Good luck.

I'll tell you the difference from a ponzi schemer and not a ponzi schemer so you will understand by the  two.

A ponzi schemer would consult on behalf of a groups of people and try to bring in into there investment into a pool. Once they reach there quota say 100 investors who invest over 100.000 USD or more is called a ponzi scammer.

As a A rated trader like me I only bring in 1 client at a time and I trade there funds and when they are making money they tell other people and so on. I dont bring in more than 100 people into a pool and thats the difference. I base it on performance and not non performance. A ponzi scammer would base it on non-performance and thats the diffference bewtween me and a ponnzi scammer. GL

Quote Originally Posted by Tailer:

What can I do with this money. I'm tired of getting only about $65 a month in interest.  I have never had much money to invest, and inherited this a couple of years ago.  Could start "investing" it in Sports Betting, considering the good amount of fine cappers on this site, but I'd rather  have something surer.   I'm thinking of an annuity, or a CD. I have even thought about investing the money in a Philippines Bank, as I've heard they give upwards of 20% interest.  Any ideas would be appreciated.  I'm stuck at home for the next few weeks, so anybody who want to friend me on my Covers Space here will not be turned down. 

You want a great investment for 50.000?  I can sell you a nevada corporation who has a 125.000 line of credit you can use it for real estate  for 50 g.  If you are interested please send me a PM. Great investment!!

Friend, if they do more than 170%/month during summer, I'll buy you a drink)