WE MADE A SERIOUS ERROR IN THE FOLLOWING ANALYSIS. IT IS INCORRECT! WE DO NOT WANT TO DELETE THE ARTICLE FROM THE RECORD. BUT, PLEASE DISREGARD THE CONTENT!
A reader of Emily News pointed out something very strange about the Palmills investment plans. When we reviewed this program, there was only one plan. You can read the Review here. Now there are three. None of them return your principal at the end of the plan and they all have the same minimum and maximum investments — $25 and $50,000. Here’s a summary of the plans:
210% ROI
3.5% daily for 60 Days
150% ROI
5% daily for 30 days
120% ROI
6% daily for 20 Days
When you first look at these summaries, you are tempted to think that the 3.5% program is a much better deal that the other two. Even though the time period is longer, a 210% ROI (return on investment) seems a lot more attractive than the 150% or 120% of the two shorter programs.
But is this really true? In order to compare the programs objectively, you have to compare apples to apples; you have to look at how much money you will earn in the SAME time period for each program. Since your principal is not being returned and since you can withdraw your interest as soon as it is earned, really all that matters is the DAILY interest rate and how much you earn in one day.
To make this even clearer, if you invest $100 in each of these plans, the 3.5% plan will pay you $3.50 per day; the 5% plan will pay you $5 per day; and, the 6% plan will pay you $6 per day. The 6% plan is the clear winner. It doesn’t matter if you’re talking about 20 days, 30 days, or 60 days. The plan that pays you more on a daily basis is the best one. That’s all there is to it!
In short, the 3.5% and 5% plans are NONSENSE and should not even be featured in the Palmills website. I cannot believe that the folks at Palmills are dumb enough to do this accidentally. Unfortunately, I can only conclude that it is a deliberate effort to hide the true benefit of the short term plan in hopes that unsuspecting investors will invest in the less profitable longer term ones. This casts serious doubt on the integrity of the operators of the Palmills program. An investor should think very very carefully before investing his money with a company that employs this type of trickery to entice him to invest in less profitable programs.
