PMT Earners Club
The PMT Earners Club (PMTEC) was formed within the PinoyMoneyTalk (PMT) Forum, an online community for internet income seekers and earners. It was put together by an informal group of individuals with a shared interest in high-risk online income opportunities. The Earners Club pools members’ funds to spread across a portfolio of high-yield online investment programs. Profits are distributed among members of the Club.
The PMT Earners Club is not an investment program and does not offer nor sell securities. The Club is simply a casual association of risk-tolerant individuals interested in passive income prospects.
- When was the Earners Club launched?
The Earners Club launched in April 2006. The Earners Club pool started in May 2006.
- What has been the performance of the Earners Club?
As of November 2006, total compounding return of the Club since inception is 47.82%. This means a Club member who contributed $100 since the start has now earned $47.82.
The monthly performance of the Club is as follows:
May 2006 - 6.29%
June 2006 - 7.75%
July 2006 - 7.08%
August 2006 - 5.37%
September 2006 - 5.96%
October 2006 - 2.19%
November 2006 - 5.64%
Read more about the pool's performance here.
- How do I join the Club?
One must register at the PMT Forum to qualify for membership with the PMT Earners Club.
Take note that those interested to join the Club must recognize the high degree of risk involved in online investment programs and the possibility of capital loss. Contributions to the Earners Club pool are non-refundable and there is no guarantee of profits for members of the Club.
To join, you’ll need a Club member to sponsor you in. Your sponsor provides you his Member ID which you use as sponsor code when mailing in your application form.
E-mail pmtearnersclub@gmail.com with “Referred by Member XXXXXXXXX” in the subject line, replacing the x’s with your sponsor’s Member ID. Include your PMT username and full name in the body of the text.
You will then receive the PMT Earners Club Application Form and Membership Agreement. Follow the instructions therein to submit your completed forms. Once your application is approved, you will receive instructions on how to proceed with your pool contributions. A pool contribution is required to activate your membership. Once your pool contribution is confirmed, you will receive a welcome e-mail with your Member ID.
Visit the Sponsor Requests thread to get a sponsor.
- What is the minimum pool contribution?
In any given month, the minimum to participate in the Earners Club pool is $25. Anything over the minimum must be in multiples or increments of $5. There is also a $1 deposit fee. The deposit fee is meant to cover e-gold payment receipt fees and fluctuations in the price of gold.
The monthly cut-off for deposits is the 20th of every month. For a $25 pool contribution, $26 must be sent to the Earners Club e-gold account. On or before the 20th of every month, additional investments can be done in multiples of $5, but you need to add a $1 deposit fee whenever you send a deposit.
A "new" cycle begins on the 21st of the month. To make a valid additional investment for that cycle, you need to send a minimum of $25 (plus $1 fee). Additional investments in multiples of $5 are accepted only as long as you have a minimum $25 investment during that month.
- How will I know if I’m earning from the pool?
Interest earned is credited monthly between the 7th to the 15th of each month. Members will receive monthly Activity Sheets via e-mail.
- Who operates the pool?
FutureGizmo, owner and administrator of PinoyMoneyTalk, and nailbiter, a moderator at the PinoyMoneyTalk Forum, are the Pool Managers for the PMT Earners Club.
- Is this a guaranteed investment?
This is not an investment program. The Earners Club is comprised of passive online income seekers. It’s an informal group of like-minded risk-tolerant individuals within a community of various types of online earners. The Earners Club pool is precisely that, a pool of contributions from members for the collective interest of the Club. Without the pool, individual members may not have the opportunity to benefit from offers the Club can participate in as a group. Likewise, all associated risks are equally absorbed by all Club members. Pool Managers aim to reduce those risks by diversifying the Club’s interests, but cannot accurately predict favorable results at all times. Deposits into the chosen programs are held therein for the duration of their investment terms, not by the Pool Managers. With no absolute guarantee on their return, contributions to the Club pool are therefore non-refundable. Profits are never assured. There are no guarantees for participation in the Club pool.
- I want to know more about the Earners Club.
A detailed FAQ page is available here.
- I still have some questions.
Login to the PMT Forum and post your questions in this thread.
