Thursday, Nov. 06, 2003 - 4:06 p.m. Coming Out of the Closet
This is the second hardest diary entry I’ve written. The most difficult were the pair of entries about Naka-Ima, and this one is hard for the same reasons: I’m afraid that after people read it they will fear me and hate me and shun me. I’m afraid no one will trust me anymore. So I put off writing this for weeks and weeks, which is one of the reasons you haven’t seen many posts from me in the last couple of months. At the same time, it’s a little anticlimactic, since I’ve already told my family and friends, so the only person still in the dark is Ilonina. But then there’s the friends of friends and random surfers who will read this. I guess I’m anxious about getting rejected by them. No, I’m not gay…gay is far too normal and dull for me. I’m into something much weirder: high yield investment programs on the internet. For what it’s worth, here’s the website, exponentialsuccess.net, that I made about it. The fear and hate I’m worried about getting from others are not just paranoid delusions born of low self-esteem. When I posted about this on Anti-State.com, here, and here, I got the following warm reception:
So if you were thinking of writing me a similar reply, you can save yourself the effort, and rest assured that I have already felt quite hurt, depressed, and had my confidence shaken after reading the comments above. What is it, exactly? Basically, these are private loans, usually to experienced traders in Forex and other offshore investing. Can I be sure that the companies I invest with really derive their money in this way, and that it’s not a scam? No. I tried it with a small amount of money and it worked, I tried investing larger amounts of money and it worked. It’s still working. That’s good enough for me. These investments are entirely unregulated and usually anonymous. To invest, I first had to convert my U.S. dollars into a gold-based digital currency called e-gold. Then I receive my interest payments in gold, electronically. I have a special debit card that I can fund using digital gold, and then use it to withdraw Andrew Jackson portraits out of nearly any ATM. I hope this clears up the mystery of how I’ve been making a living. Right now, I’m living completely off income from this stuff. I’m making more than twice my cost of living, so I’m even prepared to weather disasters if they come my way. I’m not doing phone surveys any more, nor am I painting address numbers on curbs, in case I didn’t make that clear. I like these investments because my money grows exponentially at a furious pace, while I don’t have to work, or sell, or do a single thing except count my profits. Right now, though, I’m putting a lot of work into referring people in hopes the referral fees will grow my capital to the point where I can easily recover even from big losses, and maybe even go to a real restaurant once in a while. How do I plan to keep my wealth over the long term? 1.) By diversifying my ass off. I have money invested in 20 different programs right now, and I expect that my capital can double every 72 days or less. The chances of all 20 of my programs collapsing during any 72 day period is very low, and the chances of 10 out of my 20 programs collapsing during the 72 days it would take for my capital growth to compensate for that loss is acceptably low. That's how I expect to continually stay ahead of my losses and growing. My capital is not evenly distributed right now. I have a large portion in a few programs, and very little in others. I plan to spread it around better in the next couple of months. 2.) By recovering the initial principal I invested as soon as possible from each program. Take Star-Game for instance. I deposit money with them, choosing the automatic compounding feature. My principal grows at a compounded rate of 1% a day. 72 days later, my principal is twice the size it was to start with. Then I withdraw half of my principal and spend it on myself, or use it to invest in another program. At this point I have reached a position with Star-Game where I can't lose. I now have a zero-risk money machine. I have done this, and continue to do this. 3.) By referring others, and receiving referral fees. If I can get referral fees amounting to less than the amount I invested, then my risk is mitigated. If I can get referral fees in an amount equal to the amount I invested, then I reach a zero-risk position. And if I can get more money in referral fees than I invested, I'm just plain makin' money. Now that MegaBooster is on the scene, everyone, regardless of wealth or skill, can get referral fees. I’m doing this more and more. Wow, it really makes a difference. 4.) By diversifying further into multilevel marketing (MLM), also known as Network Marketing. I want to avoid the slimy kind of MLM where you're expected to pressure your friends and family to join. Instead, I'm seeking ones that can be effortlessly promoted over the Internet to people who are actively interested in such things, ones that dovetail seamlessly into the structure of MegaBooster. I'm only looking for ones that are easy for anyone to succeed at, so I can be sure that people in my downline will succeed at it as well. I'm also not averse to critically examining certain legal pyramid-type schemes (meaning that all the money comes from the members themselves) if they appear to be structured in a way to maximize longevity, minimize risk, and benefit everyone involved. I’m just starting to explore these options, and have not yet begun in earnest. 5.) By using and promoting a really neat money-making opportunity that is very free-market, undermines the power of the U.S. government, is neither investing nor MLM, and is a physical thing that's not dependent on the Internet. It’s called American Liberty Currency. I plan to become a distributor by the end of November. 6.) By building a network of people, mainly through MegaBooster, who are seriously interested in making money. As I assist them in achieving sustainable financial independence, they will have more money to invest, and then my referral fees will be higher. I want everyone who's willing and interested to be able to duplicate what I do. By teaching vital concepts and being relentlessly honest, I intend to build trust which will hopefully lead to ongoing loyalty and more sales and signups with whatever the latest thing is I'm promoting. In that vein, I'm putting together a benefactoring plan through which I intend to give selected people, as my means allow, free money and opportunities so they can get started down my path at no cost and no risk. I am succeeding at building this network. Right now I have around 60 people who signed up to be on my mailing list, and 15 people under me in MegaBooster. I may be ready to begin benefactoring in December or January. 7.) By keeping my expenditures constant while my income explodes. I don't want to buy fancy sports cars, luxury mansions, and tropical vacations, and my promotions don't foster that mentality either. I'm a firm believer that sustainable financial independence rests on maximizing the margin between cost of living and income. Doing it, and oh, so well. 8.) Buy getting into some conservative mainstream investments such as bonds, just as insurance in case the Internet breaks someday. I intend to still keep something like 90% of my working capital in Internet high-yield investment programs, because I see no reason to stop using a winning strategy. I will under no circumstances loan money to the federal government of the United States (via Treasury bonds). This may have to wait a year or two. 9.) By increasing my level of material self-sufficiency. I don't want to become a total survivalist nut, but corporate capitalism is highly centralized right now, hence vulnerable to catastrophe, so I'd like to be growing as much of my own food as possible. In case of widespread industrial collapse, I want to have some kind of backup plan. I also predict a lot of problems (flooding, famine, civil unrest) from global climate change caused by the greenhouse effect. If I choose to have machines and electronics in this plan, I want them to run on hydrogen fuel produced by solar power. Though I plan to get into container gardening next spring, it’ll be a couple of years before I get serious with this. 10) When the shit hits the fan, monetary wealth means nothing, and what really matters is having friends you can count on. That’s real wealth. So I really want to focus on the quality of the relationships I have, primarily because that’s what makes life worth living, and secondarily because in a pinch, it’s nice to know that someone has your back. It also feels good to be there for someone else when they’re in need, or just to enjoy their company. I think friendships can have a material and service component as well as a social component, and these together could form the basis of a sustainable anarchist society. I aim to build networks of mutual aid, and encourage others to do the same. I believe Nonviolent Communication (http://www.nonviolentcommunication.com) can help a lot with this. I don’t know how to go about going beyond just hanging out, and into serious mutual aid, but I’m open to the opportunities. Money can buy stuff, and it can buy time. I’d like to see more anarchists get into what I’m doing (even if they don’t go through me) because it will take a lot of time, and some stuff as well, to change our culture to one that holds the holistic, self-defined well-being of each individual as the paramount value. I think this strategy can provide anarchists with the slack they need to widen the cracks in the dominator-model society. And other people can benefit from these investments as well. Am I scamming people? I don’t think so. My judgment is fallible like anyone else's, but to the best of my knowledge right now, this stuff works really well, and that's why I feel good recommending it to others. Tomorrow’s post shall be: “Origin Story: The Making of a Financial Superhero”. Against Morality - Sunday, May. 01, 2005
Debut - Monday, Apr. 11, 2005 Sequential Art - Monday, Mar. 21, 2005 Alpha and Omega - Tuesday, Jan. 11, 2005 Faith No More - Friday, Dec. 24, 2004 |
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