Online: 2010-07-11 (11 D)
Monitored: 11 Days
Last Paid:
HugeCash.net Program Description
HugeCash.net is a Sweden-based private financial group investing in high yield debt, more commonly referred to as junk bonds. They are issued by the companies that are experiencing financial challenges.
The current financial crisis gives to all of us a great opportunity to earn huge profit with relatively low risk. Unlike common stocks and forex, in a debt instrument, you know your return (yield), you know the length of your investment horizon (maturity), and you are higher up in the capital structure. A surge in corporate bankruptcies has led to the possibility of buying bonds far below their nominal (actual) value. For example, on the last deal with MezhPromBank we earned 488% of net profit just during 3 weeks. The bonds were bought at the average discount of 83 percent.
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