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    Oct 8th 2006

    An update coming from PeterB, Club-FX

    After the recent survey it seems that the majority of our members would prefer the monthly option and have the compounding feature active, This is a much simpler option to understand since it removes the need to moniter your account and try figure what earnings can and can’t be re-deposited.

    What I have done to move us all to the monthly package in a way that still alows those in the daily package to withdraw their funds, is to open a monthly package alongside the daily one. When your daily package matures, you then have the choice to either withdraw your money or re-deposit it to the monthly package. I will leave the daily package open for 30 days giving everyone a chance to make the switch, and choose how much you would like to compound. there are 4 options, they are 25%, 50% 75% and 100%.

    After 30 days from today I will close the daily package and we should all be in the monthly one. That is on the 8th November. any remaining daily packages will then be released and you will only have the monthly option since I will close the daily package on November 8th.

    So all you need to do when your daily package matures is to re-deposit into the monthly one, with any earnings if you wish. Please don’t deposit any “earnings” into the monthly package until your daily package has reached it’s 30 days. When your daily package has matured then you can deposit your capital and earnings at the same time (if you wish).

    If you have any questions or don’t understand anything please feel free to contact me or ask in the goldentalk forum. I would recomend that all members pop in to goldemtalk from time to time and see what other mambers are talking about. It’s also a good place to have any questions that you might have answered.

    Best regards
    PeterB

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