It would appear that the wife will be leaving Qantas at just the right time. Moves are afoot that might see a onsortium of Australian and foreign venture capitalists to purchase up to 49% of the company giving them effective control.

Qantas Logo

The shares have climbed from a low of $2.95 earlier in the year to a high today of $5.25!

The share price expected for the offer is around $5.50 but is dependent on government support since some ownership rules would have to be relaxed to allow the sale to proceed.
Like many employees, the wife was a member of the ‘share plan’ so if she is able to dispose of her shares this might give her a little nest egg to help with the transition from one company to another.

It’s doubly good from her perspective since she went before any shakeup of the company has gone ahead since there are already rumours (unfounded??) of a slash and burn attack on staff numbers after the takeover as the new owners try to claw back as much of their capital a possible in the shorter term.
Of course *if* the rumours were true… and *if* she was one of those made redundant… then it might have been far harder to seek new employment on *her* terms. It’s always better to negotiate from a position of strength.

The good news? That’s that ProfitProInvesting *did* pay out. The bad news? Well after all the reinvesting I did… it finally paid out $19.50… from my initial stake of $20! :D

The stats of the page read as follows after I withdrew the $19:50 balance.:

Account Balance: $0.00
Earned Total: $50.50
Active Deposit: $5.00
Last Deposit: $5.00 Apr-5-2006 08:23:36 AM
Total Deposit: $41.00
Last Withdrawal: $10.00 Apr-1-2006 07:07:01 AM

To be fair it *looks* good, and probably would have been had I withdrawn the profits. In essence however, it would appear that I should *not* have reinvested the money but rather should have withdrawn it and accumulated the profits externally rather than trying to compound them.

You live and learn! Nevertheless, they *did* pay out and I can’t fault *them* for that.

When the next plan is launched I’ll drop my $20 back in and *this* time remove the profits as they are paid. Let’s see where *that* approach takes me! :D

Slowly but surely the newest programs are approaching their ‘pay days’. The ‘test deposit in ProfitProInvesting matures on the 9th, and the income from Wired Surf at the end of next week. So far apart from the odd dollar or two I’ve received from programs such as the paid email provider GainPay, I’ve not done too badly – bearing in mind I’ve invested very little cash outlay. For example, EmailCash has paid me $250 and Pureprofile paid $100.

In response I’ve uploaded another $200 to e-gold and have added a minimal $10 to Compact Surfers to test it out… though I must say it already looks like another winner!

For anyone not familiar with the names above, they can all be found in the ‘Money Maker’ pages in the menu. In the meantime, I have to get moving. Today I’m helping to sell hot dogs outside a hardware store to raise money for the local Girl Guide group… and it’s *so* early Sunday morning too… gawd…

Latest of the Pay-To-Surf programs I can recommend is Compact Surfing. The website could do with a shake up but they are paying out and at the end of the day that’s all that really counts.

Edit: Left this intact to show what an idiot even the best of us can be :D . Despite my recommendation… … this site has collapsed and left people owed money. As usual they swear they *will* come back an pay us… but I think I can say my $40 has gone for good. If they do come back of course, I will be utterly amazed… and *very* apologetic… but I’m not holding my breath

But it *is* a case in point. Occasionally these sites collapse and people lose. HYIP’s are notoriously unsafe… even when compared with other forms of ‘online investments’ like wired surf. We live and learn… and (of course) try again.

===================================

I’ve not finished the article on HYIP’s yet… and for a very good reason. I never recommend any program I’ve not got cash invested in and up until now I’d not found one I trusted. However, ‘a new kid on the block’ seems like a good bet for the future so I’ve dropped a few dollars in there to see how it pans out. Currently I”m ‘Number One’ on the depositors list… which gives you an indication of how new it is.

I figure if you want to take a chance and get in on the ground floor these people are as good as most and may prove better in the long run!

That’s all I’m asking… where is the *proof* the things pay out! Well right now I can’t give you any as I’m waiting on payments etc *and* intend to compound the income recycling it back through the accounts immediately in order to maximise the profit.

This is a reasonable strategy in some instances, e.g. when you have a number of plans operating, because you can be sure *some* will pay out and cover the losses from those that don’t. However, currently, because I’m only just starting down the road any single failure would all bar wipe out the meagre amount of capital I started with.

Just for reference, I only uploaded AU$100 to egold via e-forexgold which gave me an amount of US$60 or so to use as the working capital. Once (if?) the plans pay out I’ll split the income between *more* plans only investing $10 or so in each to begin with. I think common sense (of which I admit I have little) tells me that spreading the capital more thinly over several plans ought to ensure that at least some will provide a return. I can increase the amounts invested over time until I arrive at the US$10,000 figures some people invest. Allowing for compounding this ought to take around a year… so I have to be patient… not my style but hey that’s the way it goes.

Of course, common sense *also* tells me that once I’m convinced the plans work then I ought to add as much in as I can. On that basis, I ought to upload around AU$100 a week or so… after all, I would spend more than that on a night out… and I regularly spend $50 on the lotteries which rarely if ever repay even the stake money!

So… watch this space!

Well I joined up with one of these plans… stuck US$10 in at 55% return per day… and got US$11 back. What they didn’t tell me was that the original $10 was ‘lost’, in otehr words, the $11 was profit… the $10 was loss… so I made $1 :D

You may laugh… but this was $1 a day for next to no risk… so did I put more money in? Well no actually… not because I didn’t want to, but because I think I found an even *better* payer so have stuck US$30 in there to see what it produces.

When I get the return sorted I’ll start letting you know but it looks like this program is indeed relatively safe to get into.

So for starters, I think you can safely say that Wired Surf is *the* place to be right now!

(and is you decide to join up please use my link it costs you nothing but I get some referral cash – which all helps :) )

Starts? Yup… ‘invested’ in a couple of online investment programs to see what happens. This is a risky business so I’ll not be too specific until they actually pay out… one is supposed to pay out in two days so hardly a long wait… the other in a month. Keep watching the space… if either of them pay out then they’re worth a shot!

Just sent the application off for an Australian Business Number (ABN). The ABN is essential over here for business regardless where the income comes from.

If this online stuff takes off (which I honestly believe it will) I’ll have to declare the income. I doubt I’d have to pay tax on it of course… all ‘profits’ would go back into buying more necessary equipment… or something :D

All I need to do is get the damn sites finished and we’re away. Working on it… slowly.

The description of the Payment Processors is all bar done now. I just need to add details of how to get your money *out* of the system and it’s done :)

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