In Focus: Wesbart Finance Management

by Tony Clifton   [Your Program Focused]

Do you remember our articles about managed accounts few months ago? There I told you that most of them require $20,000 or more minimum and barely produce 50% ROI per year. Well, here is a schocking one which breaks all said above - Wesbart Management.

Having read the first paragraph, I do hope you still don't think I am going to cheerlead about this program. I am just about to let you know all the negatives which come together with this exceptional thing. But one thing is for sure - it is really unique.

So let us see inside:

First, this program can hardly be scam, because it really opens managed accounts thru a real established investment brocker - Interactive Brockers. The account will be open in your name, so in practice the program admins would not be able to run away with your money.

Second, the ROI so far has been simply amazing. Their history shows 251% return of investment for the period May 15th - June 12th and 122% for June 12th - July 9th. Real high yield, isn't it?

Third, the program is based on cycles and one cycle continues 4 weeks. However this has nothing to do with the well known "cycles" in the HYIP world for the reasons stated above (you have managed account in YOUR OWN name directly at the brocker's). You can see detailed explanation and samples of their program and "cycles" here.

Fourth, the minimum account size is only $5,000 - much better than the most managed accounts. (If this is still too much for you to risk, read the entire article to find out about the pool).

Everything so far looks really amazing. Let us however consider...

...The risks

Obviously their trading is very risky. There is no other way to achieve such ROI without extremly aggressive trading. The good thing is that i was able to take a look at their trading reports (issued directly from Interactive brockers)after June 26th and confirm the results.

Additionally, I should say that they are currently trading very small amount of money. The bigger this amount becomes, the harder will be for them to achieve such crazy returns.

If I have to be harsher, I would say they will be gambling with your money. We have only one month of history (and only part of it confirmed) to know how capable they are in achieving extremly high ROI. Going to this program is no less risky than any other high paying HYIP, with one great advantage - they can't withdraw your money and run away with them. Even if they want it. They can loose them, but if we can trust their promisse, the trading will stop if there is 50% loss in a cycle.

We should also say that the website is also very new as seems to be the company as well. Is it possible that these young guys were just lucky to start with great profits and will blow everything out in the next few months? Yes, it is. They can be simply experimenting wiht our funds and loose them.

So, althought it is cool and much, much better than most HYIPS, it is still a game for risk takers. Now, if you think $5,000 is too much to gamble like that, you are probably right. Because of that, a mate from Hyipdiscussion.com forum has crated...

A pool

It's "manager" is a guy named Adam from Sweden - a mate trustworthy enough for us to be sure that he won't scam us. Why do I trust him? Simply, because the pool will accept only $5,000 from investors - an amount too small for any serious guy to spend several months in the forum and build reputation for.

Back on the pool details, it will accept only 20 members with $250 investment from each of them (we are already 10 who decided to give it a go, so only 10 positions are free). To participate, simply go here.

Conclusion

Is it worth it? Well, I am in thru the pool at least for the moment. If you can afford $250 (and this won't break your budget), it sounds smart hurry up and join Adam's pool. If $250 is a lot of money for you, I would stay away. I for one will wait longer trading history before riskying $5,000 - this is for sure. But certainly Wesbart Management is more exciting than most things I've seen recently, and certainly it is unique.

Published at Jul, 10 '06 , Read 661 times.

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