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News Commentary #594 – ElTrade Group First Thoughts

First Thoughts on ElTradeGroup.

ElTradeGroup just purchased a “Silver” listing on the EmilyNews monitor.  They are a fairly new program; it appears that they began their online activity around three weeks ago.

ElTradeGroup claims to be involved with a wide diversity of financial activities and even cite awards that they have received for achievements in some of them.  Here is the summary statement about these activities as it appears in their website:

ElTradeGroup Group specializes in fiduciary management, stock trading, forex trading and e-currency trading and securities trading. We have eleven years’ worth of experience in the fund management and investment sector and our trail of success is an ode to our deep insight in what makes the investment market tick. From being awarded as the ‘Best Asset Investment Source’ at the 2010 International Investment Industry Award to being bestowed with the ‘Investment Grade’ by Investment Intelligence Ltd, our history is full with achievements that prove our expertise in managing stocks, funds and securities. Our team has a wealth of experience in the industry and our professional and highly competent staff always keeps itself abreast with the changing trends in the world in order to bring as much value to our investments as practically possible. The market’ rise and rise of our company has instilled us with the belief that as we step into the world of online investments, we will surely find great success and develop opportunities that will benefit everyone associated with ElTrade Group and its funds.

Now let’s get to what’s of most interest to the online investor — the ElTradeGroup investment plans.  There are eight of them and they all run for 180 BUSINESS days and pay interest, likewise, only on BUSINESS days.  This is actually a very wise procedure for an online investment program — any business in fact — as business days are when companies earn their own revenues.  180 business days translates into around 245 calendar days.  So, these are definitely long-term investment plans.  The interests that these plans pay range from a low of 0.8% per business day to a high of 3.2% per business day.  However, it is important to note that at least the four highest interest plans have such high minimum investments ($10,000 and higher) that it is very unlikely that they will be used by the online investor.  All of the investment plans return your investment at the end of the plan.  When we review the plans, we will get into the details of exactly how profitable (and risky!) they are and will also work a few examples of earnings you would receive from them for typical investments.  Our review of ElTradeGroup should be ready in a few days.  Please stand by.

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