The Steady Investor

Status Report on Freedom Rock and GMT

2006-10-06T07:20:00.000-07:00

Freedom Reall Rocks

Incredible is all that I can say. Profits are up in FreedomRock with over $518 in two weeks, while earning $10/day with minimal drawdown (<$500 this week, max was <$1000) that's over 5% returns in two weeks on $10,000 account. Please sign up and don't miss out http://www.freedomrocks.com/forexedge

GMT
Realized $1000 for the week!... Wow is all that I can say.

100 Hedge
Steady as she goes. Should be in clear by end of this week.

Golden Money Tree

2006-09-24T07:03:00.000-07:00

I have now turned from HYIP to forex hedging. I was introduced by online investors to Golden Money Tree. At first, I thought it was just another forex forum, until I read into it. I was impressed that they provide two awesome basic trading systems that mitigate risks:

1. 100 % hedge on GBP/JPY with two brokers
2. GMT trade with GBP/JPY and CHF/JPY on a single account.
3. Piggy trades (i.e. lay a grid)

First two systems aim to yield interests payments while holding hedging positions. Returns are possible between $10-38 a day depending on the system and margin used.

I had demo this and was comfortable with the intricate details.

Email me for more information, or read more about the trades on my other website: http://forexedge.blogspot.com

Investing in ETF

2006-09-12T01:04:00.000-07:00

I am also creating a substantially large ETF portfolio holding for the next 5-10 year horizon, which will aim to beat the S&P indexes, allocates a balanced portfolio with minimal fees.

You main find in-depth month to month discussion at my sharebuilder support at

http://steadysharebuilder.blogspot.com/

Freedom Rock

2006-09-12T00:52:00.001-07:00

I have decided to jump deeply into Freedom Rock Trading sytem and learn its currency hedging strategy. What I like about the system is its currency hedging mitigate the downside, provides interests income potential, and active micro trading activities without consuming personal time.

I have dedicated a blog to support the system on http://forexedge.blogspot.com/

Wealth Building Core - Realestate

2006-09-08T22:25:00.000-07:00

Income Property
As you know, in 2002, I squeezed myself into a multi unit property... renters are paying property mortgage as well some expenses. By living in one of the units, I save myself a bundle in taxes, expenses, and get steady appreciation as well.

Without paying any mortgage myself, I take my money that I would have paid as rents or mortgage, and I went on to look for other interesting opportunities, creating a portfolio of funds in sharebuilder, hyip funds, managed accounts, and self trading activities.

A big chunk of my portfolio heavily uses equity from the property to generate additional income to pay for HELOC to finance these funds and unusual investment opportunities. Of course, my income from my job is the guarantor of the loan!

2nd Lien Notes
One of my core portfolio components is the allocation of my money into investment property and 2nd lien mortgage notes. I'm essentially taking a loan out, fix it at a low rate (used to be 6%) and relending to well established builders on a 2nd lien position in hot areas on the west coast. A company called EquitySource puts together packages of loan note and takes care of money collection, loan maintenance, legals, and most importantly provide me with monthly interests. The proceeds pay down the HELOC.

If you are interested in these mortgage note program, let me know. I have a number of contacts who can help you invest steadily into income investments 6-14% per year... depending on your risk profile.

Current High Yield Investments

2006-09-06T22:54:00.000-07:00

High yield investments are extremely high risks and should be considered almost gambling grade investment. You are entrusting your hard earned cash to programs and to traders without ANY real identity, license or track records. The best way is to do some due diligence, or trust others to do it for you. Find programs that are willing to be audited or discluse some sort of trading statements. Stick to the key core programs and stay away from impossible programs.

I try to stick to core programs that has been around for a number of years.
Unfortunately, even the rock solid programs got its own issues. With such high yield returns between 5-15% a month, it would be difficult to have good risk management.

HYIP
FXIG thru feederfund - Switching to new brokers... emerging from a drawdown (9/11/06)
PSHI thru feederfund - Looking good (12.5% pre fees a month)
ITS - Direct - Paid in July 2006 from my 4 figure withdrawal
FX-Expert - well, hopefully getting refund in Sept/Oct 2006
SGHedge - Looks awesome from test trading. We will see how Sept will go.
Udachu Invest - awesome returns and background.
Joyfund - Audited returns, commodity investments
Global Forex Club - Entering significant drawdown, lacks risk management for now.
NSFG Pooled Funds - become ultra conservative (5% ROI a month).

Managed Accounts
NSFG - Closed after 3 months - slump trading in March-June 06
Galleon C150 and C450 - Performance was flat for me. Too many excuses and random trades.

It's time to pull back from these programs and take control of my high risk investments. FreedomRock investment program looks very promising in demo account and in concept. Going to learn this market over the next couple of years.

My Investment Journey

2006-09-06T22:37:00.000-07:00

I started my realestate venture in 2002, buying an old beat up property with multiple units. Man... it was in bad shape. I had to replace leaky faucets, put in new carpets, crawl into attic, lift heavy items, and clean up the yard.... The place needed alot of TLC, so needles to say, I burned up a number of weekends after having long work week.

Four years later, the effort paid off. My equity nearly doubled, I then refinanced the mortgage to interests only loan so that my tenants pay for all the mortgage... and I live for free.

Now, I'm leveraging the equity to buy into various interesting investments such as

Second Lien mortgage notes, paying a nice 14% yearly
Taking the interests, I have been dispersing small amounts on the hyip investments
Savings from paying no mortage, rental income, and tax deductions enable me to heavily invest into ETF via sharebuilder
From this source of fund, I was able to leverage into various investment vehicle. The latest one - FreedomRock seems very promising.
I also dabbled in helping people write trading software for S&P E-mini and Forex.
Because of these financial moves, I hope to accelerate my financial freedom, work less hours, and increase quality time for investments and traveling.

I will share my investment journey with you and perhaps make a few contacts out there.