Welcome to my New Venture!
This opportunity was presented to my hubby in the middle of a garage sale. We were trying to raise funds to cover for S&H to send oversees. And the adventure starts from there.
This is the thought in my head when my husband said he met a woman.
We were having a garage sale on a Saturday right before a busy evening at church with the Youth. I thought it was crazy for doing this back to back with an event happening right after wards. But sure enough, we did it. The proceeds from the garage sale was going to go towards the Shipping & Handling for sending a box of clothes and supplies to a church in the Philippines. Well, God did provide and the garage sale made enough to send ONE box. Yes! Thank you Lord! But ugghh!! We still had a lot of stuff that we wanted to get rid of, and I knew that a lot of it was just going to end up back in the storage and pile up again. So I started throwing away stuff. And of course, my mom, “Nanay,” brought some of the stuff back inside. Ha, ha, ha…. I knew that was going to happen. If it’s not a raccoon or possum digging in trash, it’s my mom. She always finds a reason to make things useful. I love her, but I really Really REALLY did not want anymore of the junk that I already held onto for so long back in the house. But who can argue with mom, right? Well, not me. Anyways, I started to read more on how to invest. I googled, “How to become a millionaire.” There are three to five steps on how to achieve this goal. The first is to have a source of income, the second is to save, and the third is to invest. The other two advices are: To live within your means & to not keep all your dollars in one nest. Anyhow, I like the Three step advice, so my thought it is, “My savings and checking accounts are an investment, but it’s sooo slow. What other ways can I invest aside from doing stock and other complicated math savings account with difficult abbreviations to remember: IRA, ROTH, MMA, Bonds, etc.?” God must’ve heard my heart’s desire, because next thing you know, my husband tells me about this woman he just met. I’m not a jealous type of person, so really there was nothing to worry about. From what he was saying, he met a 60 year old woman, just retired, who’s making more money without doing anything… uh, what? I started to ask him more questions, because apparently, this “Auntie” invested very little and each day, her “savings” grew and grew and all she did was just let the money sit in her account… it was better than a savings account he pretty much said. So I asked him to look further into it. And so he is. He explained it a little further to me, but until I feel confident in re-explaining it to you, this is what I understand thus far: There are FOUR buckets: -VIP -CASH -Left-Over -Bonus The VIP has points (pennies?) that can be used to puchase items or invested. Depending on how much was initially invested, the investor will qualify for certain benefits. These benefits will allow the investor to accrue interest on their investment at the end of the day based on how much the ‘company’ earned. So if the company earned $100, I earn a certain percentage of that… let’s say $1. Now this $1 can go into my CASH bucket, or I can re-invest it back into my VIP bucket. From what I understand, when my VIP bucket increases in points, so does my percentage from the interest I earn from the company a the end of the day. Okay, this is where I stop from understanding. I have slight understanding of the other two buckets, because I can’t explain it yet. Any who… hmmm? Hubby signed up for the program tonight. I am giving him a WEEK to show me something. If what he says she said is true, than there should be NOT a PENNY Less in his investment. Meaning, he should’ve gain and not lost his initial investment into the company. A penny for your thought…
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