Dale (Rustbucket) on Saturday July 15, 2006 at 10:06 am said:

Unfortunantly it’s the newbies that usually get hung out to dry (been there done that).
Many people promote these programs as if they are without risk. Even high yield legit investments have high risk. The higher the yeild the higher the risk.
I got into SI at the urging of a friend who actually believed this was a long term investment. I tried to tell him it was a ponzi and only a matter of time before it folded but he was sold on all the hype. I made a low 3 figure spend and managed to double my money before they folded. I never got into the Special program so I was able to make withdrawals right up to a couple of weeks before they disappeared.
I appreciate your blog Rabbit. Good solid advice here with the proper cautions on the risk involved. Keep up the good work.
Rustbucket

Goldtresor on Friday July 14, 2006 at 7:27 am said:

Im pretty positive that not only jungleinvest was also run by the same scammers… Others were VascoInvestment (definitely), Tinger Invest, ACFin…

There is money to be made in the high yield arena. You just have to be smart about it. Some people keep losing money because they keep chasing the ponzis paying 1%+ per day on average. These returns are not sustainable over a long period time. There are no investments that can generate that kind of return that can generate those returns month after month year after year consistently.

Andy on Thursday July 13, 2006 at 10:41 pm said:

I feel sorry for those who lost money in hyip, I have lost money in 12dp and stormpay and after those loss I stop investing, I learn from losing money, maybe it will take you to lose all your money from your savings before you learn, this is way it meant to be

It is story like yours that make this arena very sad. I have seem stories like yours countless times — usually after a “big” program collapses. I am sorry to hear about your loss. But it is highly unlikely that Solidinvestment will come back. Please be cafeful with the programs you put your money in in the future. If you want my opinion on a program before you put you join a program, drop me a line.

sam on Wednesday July 12, 2006 at 4:15 am said:

it sounds some how difficult to believe tht si has gone.

Are you saying tht my withdrawal has gone again….

Someone should tell me, all this kind of investment are they real?

I have joined this hyip programme for the past one year, it is from one hand of scammer to the other, si that i thought will be my last hope also gone again.

All the hope and plan has gone again and again…God, this is painful if it is so.

can we still keep hope alive that they can resurface again?

is it possible to get in touch with their office address i think i can look for it and post it to you friends.

is this not wasting of time and money on irrelevancies?

what will i say to the friends that i have informed about hyip. i have over 10 contancts waiting for me to withdraw my money for them to join me.

I am not happy at all for this development…….

Sorry to hear about your loss. You seem to be learning very fast. it is a pity the lesson had to cost you a few Ks.

Be careful of folks claiming to be your friend when they are pushing a program on you. They are generally more interested in their referral commissions than they are in you making money.

Razi on Tuesday July 11, 2006 at 11:16 pm said:

Dear Rabbit,
I am fairly new in this arena …. about 4 months. When I wanted to start my investment program, one of my (so called) seasoned investor friends suggested Solid. Well I put some money into it. I was just hoping to get my profit as they seemed to be working on something to pay us. We were told to be patient and so on. Half way through when I began to learn more, heard more, read more (including your articles) about all these “money from the sky” investment I wanted to pull out but the system prevented it. Overall, I put in about 3.7K (Solid, Vasco, etc.) and got back only 0.6K. This is a big loss! Lesson learned, NEVER INVEST in HYIP that promises unsustainable returns like more than 1% per day. I just don’t believe they could give us so much returns. Well they could but only for a while.

Good for you. But I am willing to bet that alot of people that were getting paid daily were “re-investing”. The daily payment was another confidence builder to hook and deceive people. NOt all of these scams are idiots (especially repeat scammers). They learn with time.

Gary Harvey on Tuesday July 11, 2006 at 9:56 pm said:

Oddly enough, SolidInvestment paid us on the 6th July in their usual prompt fashion. Nothing since then, of course.

For safety sake, we’ve been withdrawing our small daily earnings every 1-3 days for the last few months.

Rich on Tuesday July 11, 2006 at 6:05 pm said:

What’s your take on this Rabbit. Personally I take it as Urban Myth that SI is still comng back and that Sosa posted those remarks.

http://com1.runboard.com/bsolidinvestmentforum.f1

Rich