This program has STOPPED paying! Do not invest there!
Introduction.
We just received an update from Bist Invest describing the new investment plans they have put into effect. Since they are completely different from the investment plans that were in effect when we reviewed the program (and also different from plans that were in effect until this update and that we have NOT reported on), it is probably appropriate for us to do a “Second Review” of the Bist Invest investment program — at least the portion of it dealing with the investment plans that are offered. This is what we will do here.
Bist Invest offers a total of nine investment plans. All of them return your principal at the end of the investment term. This simplifies our analysis (and comparison) of the profitability of the different plans because, assuming that the overall program doesn’t close while an investment plan is in progress, all of your earnings are net (or pure) profit. If you convert everything to a daily interest rate, you get what we at EmilyNews refer to as Daily Net Interest or DNI and this is what we’ll use in comparing the profitability of the different investment plans
The nine investment plans are grouped into three groups of three. The first group pays interest on a daily basis (business days only); the second pays it on a weekly basis; and, the third pays it monthly. Furthermore, in each of the groups, the first plan in one month long; the second is two months long; and, the third is three months long. Finally, the investment limits for the three plans of one group are the same as the limits for the three plans in another group. The main thing that changes are the interest rates that are paid in the plans within a group and when you from one group to another. With all this as an introduction, here is the information that the website gives for the three groups of investment plans.
Group 1. Daily Interest Payment (business days only)
BIST — 30 days
$10 – $1,000
1%/day
AMEX — 60 days
$200 – $20,000
1.5%/day
NYSE — 90 days
$3,000 – $300,000
2%/day
Group 2. Weekly Interest Payment
DOW — 4 weeks
$10 – $1,000
6%/week
S & P — 8 weeks
$200 – $20,000
9%/week
NASDAQ — 12 weeks
$3,000 – $300,000
12%/week
Group 3. Monthly Interest Payment
CHX — 1 month
$10 – $1,000
28%/month
OTCM — 2 months
$200 – $20,000
42%/month
RUSSEL — 3 months
$3,000 – $300,000
56%/month
Analysis of the Investment Plans.
Next, let’s take a look at the profitability of the different investment plans. We do this by determining the DNI for each plan and comparing them. Again, DNI is the effective daily net interest that an investment plan pays you. “Effective” means that it is the AVERAGE daily net interest (profit) that you receive. For example, if you receive $60 profit at the end of each month, this averages out to 2% per day (DNI = 2%) even though you don’t receive anything until the end of each month. Again, as we have said many times, comparing DNIs is a neat way of comparing the profitability of different investment plans.
Let’s compute the DNI for the first investment plan for each group. For the BIST plan, you earn 1% per day for every business day. Therefore, in one week, you earn a total of 5% profit. Dividing this by seven, the number of CALENDAR days in a week, you get a DNI for this investment plan of 0.71% (5/7). For the DOW plan, you receive 6% profit per week. Dividing this by 7 calendar days, you get a DNI of 0.87%. Finally, for the CHX plan, you receive 28% profit per month. Taking a month to be 30 days long and dividing 28% by the 30, you get a DNI for this plan of 0.93%. If you do the same arithmetic for all the plans, you get the following values for DNI.
Group 1. Daily Interest Payment (business days only)
BIST — 30 days
DNI = 0.71%
AMEX — 60 days
DNI = 1.07%
NYSE — 90 days
DNI = 1.43%
Group 2. Weekly Interest Payment
DOW — 4 weeks
DNI = 0.86%
S & P — 8 weeks
DNI = 1.29%
NASDAQ — 12 weeks
DNI = 1.71%
Group 3. Monthly Interest Payment
CHX — 1 month
DNI = 0.93%
OTCM — 2 months
DNI = 1.40%
RUSSEL — 3 months
DNI = 1.87%
So, as expected, we can see that the third plan in each group (that requires the highest minimum investment) provides the highest earnings in the group and, moving between the groups, we see that plans with the longer times between interest payments pay the higher return.
Well, exactly how much different is the income offered by these three groups of plans. Let’s take a look at the first plan in each group again and compare their earnings for a one-month (four week) period. We already observed that the BIST daily plan pays you 5% per week which would come to 20% per month. The DOW weekly plan pays you 6% per week which would came to 24% per month. And, the CHX plan pays you 28% per month. In tabular form, we have:
BIST 20%/month
DOW 24%/month
CHX 28%/month
So, at least for the first plan in each of the groups, there is a 4% increase in monthly earnings as you move from the daily to the weekly to the monthly groups. If, for example, you invested $100 in each of these plans, you would receive $20/month in the BIST, $24/month in the DOW, and $28/month in the CHX. The difference is significant. However, whether it is significant enough for you to tie up your investment for the longer time period waiting for payment of earnings is a matter of personal taste. The more adventuresome investor might lean toward the monthly plan to maximize his profit while the more cautious investor might lean toward the daily plan to minimize his risk. This is the way the investment plan groups compare. YOU have to make the decision!
There is still more to think about. We should also be asking ourselves whether or not the interest rates that Bist Invest offers are such that the company will be able to sustain them in the long term. In HYIP Insights #12, we suggested that programs offering investment plans having DNIs that are less than 1% would appear to have a good chance of long-term survivability while programs offering investment plans having DNIs greater that 2% would appear to be at risk of closing early. Programs having investment plans with DNIs between 1% and 2% can go either way depending on a number of factors. And, finally, always remember that these are only suggested guidelines; they are not rules. In the HYIP game anything can happen! But, at least these guidelines give us a reasonable starting point for further discussion.
Looking at the DNIs offered by the Bist Invest investment plans, it almost appears that they were aware of these recommendations! For the shorter term (one month) plan in each of the groups, the DNIs are all below 1% while all of the other plans are between 1% and 2%. None have DNIs above 2%. This is unusual for a program having such a large number of investment plans. Typically, there is at least one plan that offers a return that is a bit on the high side. No such thing with these new Bist Invest investment plans!
Because of the high minimum investment ($3,000) required for the third investment plan in each of the groups, it can be expected that these plans will not be used to often. The DNIs for the remaining six more popular plans are all below 1.5%. Thus, it would appear that, from the point of view of obligations to pay earnings to investors, Bist Invest should have no problems; Thus, the program has the potential to be a long-term survivor.
As a note, it appears that the folks at Bist Invest who designed these investment plans had a love for order and symmetry in-so-far-as numbers are concerned. This might not influence the longevity of the program. However, it is nice to see. This is evident in many places:
- Increase in interest for the three plans in a group: 1%, 1.5%, 2%
- Investment limits for the three plans in a group: $10 – $1,000, $20 – $20,000, $30 – $300,000
- Length of investment plan terms in a group: 30 days, 60 days, 90 days
To sum this all up, Bist Invest now offers nine well-thought-out investment plans. They can be divided up into three groups of three plans. The first group pays interest daily on business days; the second pays interest weekly; and, the third pays interest monthly. The riskier the plan, the higher the interest rate — which means that the monthly plan offers the highest interest rates. The three plans within each group run for one, two, or three months and the longer the term, the higher the interest — along with a higher minimum investment. So, there is a wide variety of options to choose from that will suit the personality and budget of just about any investor.
I hope that this summary information on the Bist Invest investment program is helpful to you. Good Luck!
*********************************
If one of the paying programs on our Monitor appeals to you, please support EmilyNews by registering for it on our website. Thanks very very much!
*********************************
Be the first to get most important HYIP news everyday!
Simply Follow EN Facebook, EN Telegram, EN Twitter
or Subscribe to EN Feedburner and submit your email address!
If you like this article, please share it by using the social media buttons below.
