Second Thoughts on World Mining, Part 2.
The purpose of this article is to offer some insights into the World Mining (reviewed here) program because it has now been on line for over three months. At the end of the first part of this article (read it here) which we published a few days ago, I promised that this second part of the article would be published the next day. But, unfortunately, it looks like this hasn’t happened. So, to refresh your memory, I’m going to repeat the relevant parts from Part 1 of the article so that everything will be in one place and the new material that I add now will make more sense.
So, to begin, here is the essential information we listed about the World Mining investment plans:
S1
0.9%/day for 360 days
$15 – $2,025
S2
0.96%/day for 360 days
$150 – $7,500
S3
1.03%/day for 280 days
$900 – $15,000
S4
1.13%day for 290 days
$4,500 – $150,000
S5
1.3%/day for 300 days
$30,000 – $300,000
Next, we listed the value of DNI for each of the plans:
Plan DNI
S1 0.62%
S2 0.68%
S3 0.67%
S4 0.79%
S5 0.97%
Finally, we listed the breakeven point for each of the plans:
Breakeven points
S1 112 days
S2 105 days
S3 98 days
S4 89 days
S5 77 days
In our review of the World Mining program, one of the first things we decided was that the S4 and S5 plans would probably be out of reach of most investors. We have no way of verifying whether or not this is what has actually happened. However, many investors sign up for programs via Emily News. I cannot even recall one investment that was made that is over $1,000. However, there might possibly have been one or two that I missed. In the days when I invested a lot in HYIPs, I frequently made investments in the neighborhood of $1,000. However, I would bet money that no investors that are referred by Emily News have ever invested $5,000 or greater— the minimum investments for the S4 and S5 investment plans. So, let’s forget about these two plans in what follows…
Focusing on Plans S1, S2, and S3, you see that there really isn’t much different about them in so far as the way they perform as investment vehicles. Their DNIs are practically the same at 0.62%. 0.68%, and 0.67% with the DNI for Plan S3 even being a tad LOWER than the DNI for Plan S2. This means that, from the point of view of profitability, the best of the three is Plan S2.
Focusing on affordability, the minimum investment for Plan S2 is a very reasonable $150. Almost any serious investor can afford that. So, cost should not be an impediment.
What’s left is a consideration of the breakeven point. This might be the downside of the World Mining investment plans, as it is with any plans that pay a low daily gross return. All of the plans take in the neighborhood of 100 days to break even. Although we have monitored World Mining for only three months or so, about the time it takes its investment plans to break even, the program has been online since last November, around six months ago. So, even with a three month breakeven point, many World Mining investors have not only broken even, some of them might have even doubled their money by now. And, with the long investment terms of the plans, will continue to make profit for months to come.
Aside from these long breakeven points, the World Mining investment plans contain many of the features that we at EmilyNews feel characterize a good investment plan (please see HYIP Insights #21 for a full discussion of this). They at least illustrate that our suggestion for long-life in an investment plan might truly correspond to plans with DNIs less than 1%. In this program, this relatively low rate of return has served early World Mining investors well and will continue to serve them as long as the program is with us.
What can we learn from all this? For me, the main take-away would be the importance of investing in programs that have plans with sensible DNIs. This eliminates the obligation of the program to pay excessive returns and helps to insure its survivability. DNI is SO important!
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