In Focus: Udachu Invest

by Tony Clifton [Your Program Focused]

UPDATE: They have now made the site private. You need a referal code to get in. If you need such you'll have to contact us

UPDATE 2: A long thread in TalkGold forum shows some bad signs on Udachu.

UPDATE 3: The site is currently offline because they are implementing DDOS protection

We have discussed Udachu investment fund long time before. The main funds website was taken off since the business went offline for some strange (most probably legal) reason. But so far all the businesses ran by Udachu family has been paying and look pretty serious.

The new Udachu Invest brings them back to the Web and because of that has drawn our attention.

The team offers this program as a Pooled Forex Fund and claims to have hired 4 traders. The past result and the expectations are for 20% or more monthly ROI. Sounds cool. Unlike the main Udachu fund, this program has a minimum of just $100. The principal is locked for 12 months. The profits are available for withdrawal thru a free Blue Banking debit card - with 3.5% loading fee.

The program does not offer much DD information, neither shows proof of trading - but this is common for all Udachu investments and most people have no problem with that. Especially because they offer managed account, which as we know are pretty much a "proof". It must be said that Udachu is a real company, often holds conferences and many investors have met the principals of Udachu Fund in Panama (the fund is different from the current program, but is also ran by them). So it could be considered reliable at least to some extent.

One of the things which definitely aren't making me feel very comfortable is this Debit Card. The option to withdraw to such a card is made because Blue Banking and Udachu are in partnership. But I would prefer to withdraw to e-gold and use my trusted Cash Evo card. Oh well, I guess we'll have to live with this unconvenience.

Rod - one of the Udachu admins - can't be called the most professional person that you can meet online. He often goes into forum fights, attacks people on blogs and avoids concrete questions. But we know, in the HYIP world we can barely expect the professionality which the investment opportunities in the real world offer, so this is not too big issue.

The bigger problem in Udachu are the cultists - if you browse thru many blogs and forums you will see how many people deify Rod and Udachu and that definitely isn't in their favour. Of course it's not their fault that the people are such, but it is a flag of caution - you can barely find any objective information on the net about this opportunity.

If you approach this new program with the needed caution, you will probably discover that it is some of the good opportunities. The managed accounts and the real persons and companies which are behind Udachu definitely makes it attractive and probably real. In any case I don't see this program disappearing at any time soon, so I am putting a small spend and including it in my portfolio.

Published at Apr, 13 '06 ; read 1866 times;

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