Dan

Both Life Holdings membership and our working capital are slowly increasing. Taking that into account, I will make several positive changes soon.

Another minimum deposit increase is around the corner, to be announced in April. The minimum deposit limit will be $200 for both E-gold and E-bullion.
Existing accounts below $200 will be kept for at least another two months, this will give you plenty of time if you choose to top up your account.
Even if you do not plan to do that, this will give you an extra two months of profits and I will recover the exchange costs.

We will have a second revenue source besides Betfair: FOREX. 30% of the entire capital will be traded, following the same money management rules I am using at Betfair.

Variable trading profits - will they affect LH in any way? I don't see them affecting our returns. I will use Betfair profits and a small reserve if you want to call it that way to smooth returns. A volatile week might return 6% profit, in which case less then half will be kept as reserve, to balance weeks with lower returns. If excess funds build up and exceed what I need to balance low returns, they will be paid out to members as profits. If returns are on the low side and excess funds are depleted, I will immediately correct the returns.

For those complaining that we have no back-office yet, be patient. Looking at Club-FX's website problems, I am happy I decided not to use his programmers when I first found out he was upgrading his website.

Be well!

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NestFund

Thats great Dan. You are an inspiration to all us admins. Thanks for running a great program!

sofaking

good progressive management here. I like your plans for the future.

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Jude

We'll stick with LH as long as we can; Hopefully Dan turns it to LH Limited somedays

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Be Good!

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sharonsopinion

*thumbs up!*

JMO,
Sharon

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Good Behavior = Good Results; Bad Behavior = Bad Results!

winners1

Hi Dan, All of this is very interesting, might even want to put it in LH forum.
Gene :-)

Brow

Really good and quick admin support too.

Thanks Dan for quick response.

Brow

Dan

I will update LH forum tonight.

Dan

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monds6

Hey Dan, thanks for the update. I am not really that concerned with a back office to be honest. I am fine with my weekly updates from you, but of course that my become cumbersome to you as membership continues to grow. Keep up the good work, and of course be well yourself . Chris

Jude

You have the same exact mentality as me when it comes to a backoffice. It isn't really that important since trades are going on - as of Club-FX yep?

He's well! A fit guy, he goes gym!

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