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News Commentary #886 – Mindhome First Thoughts

First Thoughts on Mindhome.

Mindhome just began a “Gold” listing on the EmilyNews monitor.  They are not a new company and it looks like they have been active online for almost a year ( *before in sleeping mode 🙂 ).  This is unusual in the HYIP business and we wish them continued success.

Mindhome claims to be in the business of developing the technology used to control multiple electronic/electrical devices in the home — everything from security systems, to cooking devices, to heating and air conditioning; you name it…  Control can be on site or from miles away by phone.  According to their website,

“we have created an intelligent platform for connected devices and services. Mindhome’s technology makes it possible for all popular connected devices to play together, opening up new possibilities for innovation in the smart home.” 

There is more information about their products and services on the website.

For the investor, Mindhome offers four investment plans.  They are what we refer to as “perpetual” plans because, like a normal bank account, you make a deposit once and you earn interest on it forever.  Daily interest rates are lucrative, ranging from 6% to 9% per day.  However, in order to take advantage of the higher interest rates, high minimum investments are required.  To sweeten the pot, Mindhome offers a set of even higher interest investment plans for existing investors that reinvest their earnings.  These returns vary from 8% to 11%.

“Perpetual” investment plans such as this are attractive to the investor as they are a sort of “set it and forget it” type of situation.  Ideally, the investor hopes to receive a return on his investment for a long long time.  The fact that this company has been in operation for a year or so implies that there are many investors with them who have achieved this objective.

We’ll take an in-depth look at the Mindhome investment plans when we review the program.  “Perpetual” investment plans are always very interesting to analyze.  Please stand by.  Our review will be published in the next day or two. 

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