Blake
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Posted:
Fri Oct 29, 2004 2:03 am Post subject:
My accountant found this for me |
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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
http://www.premiumincomebrokers.com Get today's Wall Street Journal
and see their FAQ section for a walkthrough proof. Very impressive.
-Blake
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