SGF-H

Posted: Tue Sep 19, 2006 5:05 pm

Registered here sicne I stood on the sideline with all the other Udachu offerings.
They seem to be doing well. I will be joining this program before the Sept. 5th deadline for a min 100 test spend.

The very reason I joined SGF-H is beacuse of the potential DD resources to be made avaiable.

Also, the members of the board callign the shots for this program are known to many.

I would wait for any program to be at least 2 - 4 years old before I plant that kind of money US $ 10,000 in order to get better DD from the program. UI / UF have long to go before they reach that age. Meanwhile, they do make a nice set of investment for 1K - 5K range.

Especially with the better returns of UI

Newbie Joined: 19 Sep 2006 Posts: 8

Hi - I'm new on this board, and definitely enjoying all the threads here... thank you so much for endeavouring to make the hyip world a bit 'safer'...

I joined SGFH, inasmuch as I missed the boat on Udachu; just couldn't find enough DD to justify. Went in with the minimum spend prior to 5 September; will report back in 90 days..

Have heard rumour that Udachu expects this hedge fund to be around for perhaps 2-3 years.. We'll see.

Posted: Wed Sep 20, 2006 12:43 am

I did the same thing too with the previous two Udachu offerings.

Rod had announced that this program will be open to third party audits, at which point, I decided to get off the fence and take the plunge!

Levaz

Newbie Joined: 19 Sep 2006 Posts: 8

According to Rod, this month's trades 'suck' ... wonder what that means in actuality?

Investor Joined: 21 Sep 2006 Posts: 160

I'm still at the doors of that one, I didn't joined the previous Udachu progs, and my guts are again saying me "Stay Out", something fishy but can't say what, maybe just "too much" from that group in short period Confused

Posted: Mon Sep 25, 2006 2:26 pm

cmmccarthy wrote:

According to Rod, this month's trades 'suck' ... wonder what that means in actuality?

Actually, on further pursuit, Rod explained that since the funds were still incoming, most of it was not actually in trade. So we have a lot more people that will be sharing the pie when in fact they funds did not enter into the trade.
The next month will be more stable since all the funds are in the correct places.

Levaz

Posted: Mon Sep 25, 2006 2:29 pm

Gray Eminence wrote:

I'm still at the doors of that one, I didn't joined the previous Udachu progs, and my guts are again saying me "Stay Out", something fishy but can't say what, maybe just "too much" from that group in short period Confused

Gray Eminence,

You have been consistent with that - I wish you can figure it out so that we can also evaluate the legitimacy of those fears. To me, it appears that they were large to begin with. They really did have a lot on the table. Their performance (thus far) has been flawless, though.

Investor Joined: 21 Sep 2006 Posts: 160

levaz wrote:

Gray Eminence wrote:

I'm still at the doors of that one, I didn't joined the previous Udachu progs, and my guts are again saying me "Stay Out", something fishy but can't say what, maybe just "too much" from that group in short period Confused

Gray Eminence,

You have been consistent with that - I wish you can figure it out so that we can also evaluate the legitimacy of those fears. To me, it appears that they were large to begin with. They really did have a lot on the table. Their performance (thus far) has been flawless, though.

If they were so large, what need of 100$ investor do they have?
I can understand a small trader that want to grow, but them ...
Maybe just me too paranoid lol

Posted: Mon Sep 25, 2006 3:36 pm

Gray Eminence wrote:

If they were so large, what need of 100$ investor do they have?
I can understand a small trader that want to grow, but them ...
Maybe just me too paranoid lol

This is a step in the direction to attain a Managed Account, I suppose.
There are many with aspirations but no financial backing (or the guts) to get there. Of course, I am giving them benefit of dount here.

I did sit on the sidelines for the longest time, but with the transparency offered with their latest offering, it has earned some credibility for me.

Moderator Joined: 25 Sep 2006 Posts: 23

Received an email from them that I have mixed feelings about, again I went in with only a $100 spend so we shall see how it pans out.

Don't think I am allowed to post the contents of the mail here but in summary they had problems which led to lower returns. They haven't been posted to either of the two Udachu sites but hopefully we will know what the outcome is later today.

Investor Joined: 21 Sep 2006 Posts: 160

What bug me again is that they are coming with more additional opportunities Confused

Moderator Joined: 25 Sep 2006 Posts: 23

http://hyipblog.nobshyip.net/2006/10/04/udachu-e-gold-exchange-ordeal/ has the full email. I expect it will be taken down soon but its there at the moment.

Moderator Joined: 19 Sep 2006 Posts: 226

I got the mail too. I suppose I reserve judgement until we get the actual ROI.

Posted: Thu Oct 05, 2006 11:58 am

Gray Eminence wrote:

What bug me again is that they are coming with more additional opportunities Confused

Would you consider it similar to what Arnaud does wiht Joy Fund. When the limit is reached on a particular investment set, then he opens another.

Only with Udachu, they develop a different strategy so that their members have an opportunity to diversify within one program.

I am, of course, giving them the benefit of doubt, based on their excellent communications, and past performance.

Posted: Thu Oct 05, 2006 12:01 pm

smilinsam wrote:

http://hyipblog.nobshyip.net/2006/10/04/udachu-e-gold-exchange-ordeal/ has the full email. I expect it will be taken down soon but its there at the moment.

That was only to be expected. Rod had advised most members of this situation early in September. So most of us were expecting less than mediocre results. He did mention what happened, but not where it happened (as in where it all ended up). The situation has been rectified, therefore, we will now have to wait one more month to get a real feel of this program.

Levaz

Newbie Joined: 19 Sep 2006 Posts: 8

If you go onto the Udachu forum now, Rod explicitly informs what the issue was (note: he takes personal responsibility for it... )

All's well, I believe... we'll find out with October's returns for sure!

Moderator Joined: 25 Sep 2006 Posts: 23

Yes from reading the forum, I sincerely doubt that we will see this mistake again.

Newbie Joined: 02 Oct 2006 Posts: 6

currently looking at adding this one,(especially while its still relatively cheap)

have we actually had any % returns confirmed yet?

Posted: Sat Oct 07, 2006 5:08 pm

The min. has increased, which I believe is now $1,000.

Last months results were much below the expectations of most, however, the CEO screwed up and admited so too. Therefore, October will be the first real returns, now that everything has been fixed.

To answer your question, last months results were approx. 2.1%

Levaz

Newbie Joined: 02 Oct 2006 Posts: 6

oh damm,
dont know why but was under the impression the next raise was at the end of Nov.
Rolling Eyes

Posted: Sat Oct 07, 2006 10:16 pm

bx77 wrote:

oh damm,
dont know why but was under the impression the next raise was at the end of Nov.
Rolling Eyes

I could be wrong, but let me ask and find out for sure.
What I understood was 100 in Aug. 250 Sept. 500 in Oct. 1000 in Nov. and 5000 thereafter.
Levaz

Newbie Joined: 22 Sep 2006 Posts: 17 Location: Thailand

just invested last month..

The trade record showed 2.1% in September.. Hard time, I think ?..

Posted: Mon Oct 09, 2006 6:01 pm

Fedass wrote:

just invested last month..

The trade record showed 2.1% in September.. Hard time, I think ?..

Actually, you should have received the news letter from Rod 24 hours before the results were published, where he explained what happened with the funds, and that only a small part of the funds made it to the trading account.

In all fairness, that return was distributed over much more than was acutally in trade.

Levaz

Posted: Mon Oct 09, 2006 6:06 pm

Just to let you guys know that Udachu Fund and Udachu Invest have been temporarily opened. This was a result of the huge response from exsiting Udachu members that were invested in one program and not the other. Also, there were many posts requesting that the doors be opened to allow friends and family access.

Those of you that want in, let us know. Information on how to join has been posted in a private folder. Since this opportunity may close permanently before some of you may get to the 50 post count, we will make an exception this time.

Levaz

Newbie Joined: 20 Sep 2006 Posts: 43

I double checked and the minimum spend right now according to them SGFH is $1000. I am assuming the next month it will be at $5000. What is interesting to me is that my sponsor has a website and where I was given the invitation code for free they are charging $15 for invitation codes which I do not see why Confused

They say that they do this because: " Why we require fee payment? Certainly we'll not become rich from this... But it is only way to get rid of "tire-kickers""
They also say that the investment is $2,500 right now until Oct 31st which is incorrect. Perhaps a mistake on their part.