{"id":1670,"date":"2017-08-14T01:28:21","date_gmt":"2017-08-14T01:28:21","guid":{"rendered":"http:\/\/emilynews.com\/blog\/?p=1670"},"modified":"2017-09-04T11:02:32","modified_gmt":"2017-09-04T11:02:32","slug":"smartlog-review-part-2","status":"publish","type":"post","link":"https:\/\/emilynews.com\/blog\/?p=1670","title":{"rendered":"SmartLog — Review Part 2"},"content":{"rendered":"

This program moved to CLOSED status! Do not invest there!<\/strong><\/p>\n

Risk Analysis of SmartLog Investment Plans.<\/strong><\/p>\n

In the Truck Plan, we discovered that you make a gross weekly return of 14.4%.\u00a0 Dividing this into 100%, you get around 7 weeks (100\/14.4) or 49 days until you break even.<\/p>\n

In the Rail Plan, since your principal is not returned to you till the end of the plan, you don\u2019t break even until then — 110 days after you make your deposit.<\/p>\n

In the Air Plan, you are earning a daily gross interest of 1.4%.\u00a0 Dividing 100% by this amount, you find that it will take you around 71 days (100\/1.4) out of the 90 day plan to break even.<\/p>\n

<\/a><\/p>\n

Comparing the three plans, I think it is obvious that the Rail Plan is the worst since you have to wait the full length of the investment plan to break even.\u00a0 This happens to be the longest investment plan of the three — a full 110 days.\u00a0 This is the better part of three months.\u00a0 For better or worse, many HYIPs do not last this long.\u00a0 So, this is a very high risk plan.\u00a0 Do NOT invest there!\u00a0 In the Truck Plan, you break even after seven of the eight weeks in the plan — after 49 days.\u00a0 In the Air Plan you break even in 71 days out of the 90 day plan.\u00a0 Personally, I would opt for the Truck Plan as I will get my investment (and profit) back sooner.\u00a0 If, after the eight weeks of the plan is up, it looks like SmartLog <\/a>is working out to be a strong program with a high probability of survival, I would invest in the Truck Plan a second time.<\/p>\n

A possible disadvantage of the Truck Plan is that repayment of principal on a weekly basis is unusual.\u00a0 I would contact support and learn exactly how this works before investing in this plan.\u00a0 The Air Plan is the most traditional plan.\u00a0 This might appeal to some investors.<\/p>\n

All this said, I can\u2019t help but wonder why SmartLog <\/a>devised three investment plans that produce the same return.\u00a0 Surely, they are aware of this.\u00a0 It seems that the different investment programs are a means of camouflaging this fact.\u00a0 Personally, I feel that this reflects poorly on the integrity of the Admin and\/or the other folks at SmartLog <\/a>who put these investment plans together.\u00a0 Wouldn\u2019t it be simpler — and a bit more honest — to just offer ONE program with a DNI of 0.30%?<\/p>\n

More Information about SmartLog.<\/strong><\/p>\n

SmartLog <\/a>utilizes the following payment processors: Perfect Money, Payeer, AdvancedCash, and Bitcoin.\u00a0 There isn\u2019t too much information about withdrawals in the FAQ other than they are \u201cautomatic\u201d and that the minimum withdrawal is $0.50.\u00a0 So, theoretically, the only delays that should occur are those related to verification of Bitcoin transactions.\u00a0 I trust that deposits are \u201cautomatic\u201d as well.<\/p>\n

SmartLog <\/a>has a potentially lucrative affiliate program for the conscientious team builder.\u00a0 It appears that you do not need to make a personal investment to participate in the affiliate program at the lowest category \u00a0which is a respectable 8% – 2% – 1% on deposits made in the first three levels of your downline.\u00a0 There are four more lucrative categories with significantly higher percents.\u00a0 However, they require a personal deposit as well as personal deposits by certain members of your downline.\u00a0 It looks like affiliates in these four more lucrative categories are also eligible for a cash bonus.\u00a0 It is not clear when this bonus is paid.\u00a0 There is more information about the requirements for these four categories as well as for their benefits in the website.<\/p>\n

For support there is the standard contact form as well as two email addresses, one for \u201csupport\u201d and the other for \u201cfinancial.\u201d<\/p>\n

This website suffers somewhat because the English that is used is not very good.\u00a0 Surely, a huge company like SmartLog <\/a>can afford the services of a translator (and editor!) who could revise both the English and the presentation in the website such that it is a truly professional description of the income opportunity.\u00a0 The Admin of the program should refer to HYIP Insights #2<\/em> for an article dealing with the importance of language in a program\u2019s website presentation.\u00a0 You can read it here<\/a>.<\/p>\n

As already pointed out, the return on all three investment plans is the same. \u00a0The way the plans are presented in the website, it is hard for the average investor to determine this.\u00a0 So, in an effort to encourage transparency and integrity in the HYIP business, we strongly recommend that the Admin of the program seriously consider only offering ONE plan or changing the plans such that the returns for all of them are different.<\/p>\n

<\/p>\n

For the conservative investor, the investment plans offered by SmartLog <\/a>are very conservative and have the potential to be sustainable in the long term.\u00a0 Let\u2019s hope that the folks at SmartLog <\/a>can make this happen.\u00a0 As usual, if you decide to invest with SmartLog<\/a>, we advise that you make this investment a part of a diverse portfolio.\u00a0 And, never invest more than you can afford to lose.\u00a0 Good Luck!<\/p>\n

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This program moved to CLOSED status! Do not invest there! Risk Analysis of SmartLog Investment Plans. In the Truck Plan, we discovered that you make a gross weekly return of 14.4%.\u00a0 Dividing this into 100%, … SmartLog — Review Part 2<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[352,341,345,349,350,351,346,342,348,343,344,347],"class_list":["post-1670","post","type-post","status-publish","format-standard","hentry","category-reviews","tag-review-part-2","tag-smartlog","tag-smartlog-info","tag-smartlog-investment-company","tag-smartlog-investment-plan","tag-smartlog-investment-program","tag-smartlog-news","tag-smartlog-review","tag-smartlog-scam-or-paying","tag-smartlog-update","tag-smartlog-updates","tag-smartlog-company","exalt-entry"],"yoast_head":"\nSmartLog - Review Part 2 - EmilyNews<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/emilynews.com\/blog\/?p=1670\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SmartLog - Review Part 2 : Different HYIP investment blog. 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