You may not even have a pair yet, but your hand is still strong because you are one card away from making the best hand possible. Posted by Frank Calabro Jr. Dec 13th, at 6: For 7 of my 30 days I earned 0. Oct 23rd, at 1: When using Balanced count such as the Hi-Lo system , the Running count is converted into a "True count," which takes into consideration the number of decks used.
Online Poker Strategy & Theory
The difference between the annualized return and average annual return increases with the variance of the returns — the more volatile the performance, the greater the difference. The order in which the loss and gain occurs does not affect the result. In cases of leveraged investments, even more extreme results are possible: This pattern is not followed in the case of logarithmic returns, due to their symmetry, as noted above. Investment returns are often published as "average returns".
In order to translate average returns into overall returns, compound the average returns over the number of periods. Over 4 years, this translates into an overall return of:. The geometric average return over the 4-year period was Over 4 years, this translates back into an overall return of:.
Care must be taken not to confuse annual with annualized returns. An annual rate of return is a return over a period of one year, such as January 1 through December 31, or June 3, through June 2, , whereas an annualized rate of return is a rate of return per year, measured over a period either longer or shorter than one year, such as a month, or two years, annualised for comparison with a one-year return.
In other words, the geometric average return per year is 4. Assuming no reinvestment, the annualized rate of return for the four years is: Investments generate returns to the investor to compensate the investor for the time value of money.
Factors that investors may use to determine the rate of return at which they are willing to invest money include:. The time value of money is reflected in the interest rate that a bank offers for deposit accounts , and also in the interest rate that a bank charges for a loan such as a home mortgage.
Treasury bills , because this is the highest rate available without risking capital. The rate of return which an investor requires from a particular investment is called the discount rate , and is also referred to as the opportunity cost of capital.
The higher the risk , the higher the discount rate rate of return the investor will demand from the investment. The annualized return of an investment depends on whether or not the return, including interest and dividends, from one period is reinvested in the next period. If the return is reinvested, it contributes to the starting value of capital invested for the next period or reduces it, in the case of a negative return.
Compounding reflects the effect of the return in one period on the return in the next period, resulting from the change in the capital base at the start of the latter period. The account uses compound interest, meaning the account balance is cumulative, including interest previously reinvested and credited to the account.
Unless the interest is withdrawn at the end of each quarter, it will earn more interest in the next quarter. The annualized return annual percentage yield, compound interest is higher than for simple interest, because the interest is reinvested as capital and then itself earns interest.
The yield or annualized return on the above investment is 4. As explained above, the return, or rate or return, depends on the currency of measurement. In more general terms, the return in a second currency is the result of compounding together the two returns:. This holds true only because there are no flows in or out over the period. If there are flows, it is necessary to recalculate the return in the second currency using one of the methods for compensating for flows.
It is not meaningful to compound together returns for consecutive periods measured in different currencies. Before compounding together returns over consecutive periods, recalculate or adjust the returns using a single currency of measurement. Again, there are no inflows or outflows over the January period. The answer is that there is insufficient data to compute a return, in any currency, without knowing the return for both periods in the same currency.
Investments carry varying amounts of risk that the investor will lose some or all of the invested capital. For example, investments in company stock shares put capital at risk. Unlike capital invested in a savings account, the share price, which is the market value of a stock share at a certain point in time, depends on what someone is willing to pay for it, and the price of a stock share tends to change constantly when the market for that share is open.
If the price is relatively stable, the stock is said to have "low volatility ". If the price often changes a great deal, the stock has "high volatility". To calculate the capital gain for US income tax purposes, include the reinvested dividends in the cost basis. Mutual funds , exchange-traded funds ETFs , and other equitized investments such as unit investment trusts or UITs, insurance separate accounts and related variable products such as variable universal life insurance policies and variable annuity contracts, and bank-sponsored commingled funds, collective benefit funds or common trust funds are essentially portfolios of various investment securities such as stocks, bonds and money market instruments which are equitized by selling shares or units to investors.
Investors and other parties are interested to know how the investment has performed over various periods of time. Performance is usually quantified by a fund's total return.
In the s, many different fund companies were advertising various total returns—some cumulative, some averaged, some with or without deduction of sales loads or commissions, etc.
To level the playing field and help investors compare performance returns of one fund to another, the U. Securities and Exchange Commission SEC began requiring funds to compute and report total returns based upon a standardized formula—so called "SEC Standardized total return" which is the average annual total return assuming reinvestment of dividends and distributions and deduction of sales loads or charges.
Funds may compute and advertise returns on other bases so-called "non-standardized" returns , so long as they also publish no less prominently the "standardized" return data. That is, they had little idea how significant the difference could be between "gross" returns returns before federal taxes and "net" returns after-tax returns. In reaction to this apparent investor ignorance, and perhaps for other reasons, the SEC made further rule-making to require mutual funds to publish in their annual prospectus, among other things, total returns before and after the impact of U.
S federal individual income taxes. These after-tax returns would apply of course only to taxable accounts and not to tax-deferred or retirement accounts such as IRAs. Lastly, in more recent years, "personalized" brokerage account statements have been demanded by investors.
In other words, the investors are saying more or less that the fund returns may not be what their actual account returns are, based upon the actual investment account transaction history. This is because investments may have been made on various dates and additional purchases and withdrawals may have occurred which vary in amount and date and thus are unique to the particular account. More and more funds and brokerage firms are now providing personalized account returns on investor's account statements in response to this need.
The fund records income for dividends and interest earned which typically increases the value of the mutual fund shares, while expenses set aside have an offsetting impact to share value. When the fund's investments increase decrease in market value, so too the fund shares value increases or decreases.
When the fund sells investments at a profit, it turns or reclassifies that paper profit or unrealized gain into an actual or realized gain.
The sale has no effect on the value of fund shares but it has reclassified a component of its value from one bucket to another on the fund books—which will have future impact to investors. At least annually, a fund usually pays dividends from its net income income less expenses and net capital gains realized out to shareholders as an IRS requirement. This way, the fund pays no taxes but rather all the investors in taxable accounts do.
Mutual fund share prices are typically valued each day the stock or bond markets are open and typically the value of a share is the net asset value of the fund shares investors own. Mutual funds report total returns assuming reinvestment of dividend and capital gain distributions. Reinvestment rates or factors are based on total distributions dividends plus capital gains during each period. US mutual funds are to compute average annual total return as prescribed by the U.
Securities and Exchange Commission SEC in instructions to form N-1A the fund prospectus as the average annual compounded rates of return for 1-year, 5-year and year periods or inception of the fund if shorter as the "average annual total return" for each fund.
The following formula is used: Mutual funds include capital gains as well as dividends in their return calculations. From the shareholder's perspective, a capital gain distribution is not a net gain in assets, but it is a realized capital gain coupled with an equivalent decrease in unrealized capital gain.
From Wikipedia, the free encyclopedia. A loss instead of a profit is described as a negative return. True time-weighted rate of return. Internal rate of return. If stored electronically, it will be stored in a bank account. Forget withdrawals for a while. Withdrawals will of course require real money. They take new affiliate investment and use it to pay off existing investors.
Dec 15th, at 2: It is not monopoly money or electronic money, I am talking about REAL money because so far I have withdrawn money directly into my bank account which is more than I have put in. Also there is a product and that is called advertising, I will explain more about that below. All MAPS profits come from the advertising they sell. I am very aware and not blinded to the fact if the members of MAPS stop buying advertising space it will go bust.
This is no different to any other company who sell advertising space. Finally I would request you control your anger towards me and refrain from call me names like moron and making accusation that I am being silly just because I disagree with you about MAPS being a Ponzi company.
Dec 15th, at 3: They will be worthless outside that game, i. Dec 15th, at 4: Dec 15th, at 6: The money is requested from MAPS to be withdrawn. With VX Gatewway once the money arrives I can request the money to go into my paypal account or to my bank account. So you are right, MAPS is not a bank and yes the money is not mine until it is in my bank account.
The best way to look at it is with company shares where they have a value but it is not real until they are sold and the money is in your bank account. By the way once I request the money from MAPS it can go throught straight away and sometimes it might take a few hours. So the pay out is relatively fast. Dec 15th, at 7: ASD and Banners broker all made the same claims and they are lies. Dec 15th, at 8: Nah, comes from affiliate investment. You invested and then you steal from those who invest after you.
Whether they offer a product or not is irrelevant. All modern Ponzi schemes bundle some sort of product or service with their investment. That will prevent you from withdrawing too much real money too early, and prevent MAP from running out of money too early.
It will keep many of the investors happy for a long time, without costing anything substantial. When the money arrives at Solid Trust Pay I can then withdrawal the money to my bank account. It can be used to load a debit card, or it can be requested transferred to other payment processors, or it can be requested transferred to a bank account, or it can be requested sent as a check. So third party e-wallets do indirectly hold money. It will also prevent people from withdrawing too much real money too early.
Some programs can have 2 or 3 weeks delay, some can have weekly withdrawals, some can have hourly withdrawals, etc. The purpose of delaying withdrawals is to make sure enough money is coming IN first before paying anything OUT. So you should watch out for changes. Dec 15th, at 5: Whip — If you go onto the MAPS website you will see banner ads which the general public can click on.
Oz- I am buying advertising not stealing money… NO one is stealing from anyone by buying advertising space. Now as I have already explained this.
MAPS is like any other advertising business, it will go bust if no more advertising is bought. No different from Google or Yahoo etc. This is not unique to MAPS. My experience is telling me a totally differently story and that is the money being earned is on the increase.
I am not sure why you think they are offering securities because MAPS are selling advertising space and not securities. This is the problem when someone does not join MAPS and thinks they know all the facts.
In this case it has lead you to think something is worthless without knowing or having the true facts at hand, like I do. Now let me explain the credit packs are used to advertise any business opportunity you wish. The reason why it works so well when advertising on the MAPS website is because you are advertising to like mined business opportunity seekers. No different to advertising a new cat toy in a cat magazine.
The reason for advertising in that magazine would be because it would be the right audience. MAPS have never taken any longer than a few hours to pay out from my available balance. So no, I do not believe they are holding onto any money before paying out. Yes there can be delays with PayPal and Solid Trust because if you are a new customer and for their protection they can withhold money for 48 hours or even 2 weeks sometime, but this is normally what PayPal do to new customers, but it seems Solid Trust Pay do not do this.
Or do you seriously buy them because of your own desire to own them, use them, consume them, play with them, look at them, give them away as presents, etc.? They cost almost nothing to produce, and have a very limited function for people in general. The only ones bringing in any fresh money from the outside will be the new investors? New investors will pay real money IN as an initial investment. It will only need real money coming IN from new investors to support withdrawals for the old ones.
So the system is primarily designed to keep inexperienced investors happy, while the company can keep their money for as long as possible. I am buying advertising not stealing money… NO one is stealing from anyone by buying advertising space. You are investing in unregistered securities and stealing funds from those who join and invest after you.
Dec 16th, at 8: MAPS shares out its profits and does not give interest on the money they have or invest any of the money it brings in, into stocks, shares, bonds and so on in order to make a profit for the members of MAPS. Unless it does that it does not have to be a regulated by the SEC. Ponzi companies are illegal and if MAPS was a Ponzi company it would be closed down by now but as already explained they share the profits of the company out so this does not classify them as a Ponzi company and any investigation from the authorities would clear them from any wrong doing.
To me worthless means useless and this is far from useless advertising if you are getting sales from the advertising like I have. This means it is real money because you can withdraw it or spend it on more advertising. OZ — You are investing in unregistered securities and stealing funds from those who join and invest after you.
For further clarification on the above paragraph please take a look on the SEC website where it explains it all in great detail. Again as I keep repeating I make my money from the profits and not from stealing money from other members coming in after me. Yes that is correct and that is because they keep their profits instead of sharing them out.
MAPS is an advertising business which does share out the profits instead of keeping it. Yes I do buy advertising and as explained above, — I pay for my advertising from my adverting profits or money from my Solid Trust account or VX Gateway account.
Finally I would like to thank you all for this debate which I have enjoyed being involved in, even if we clearly have not agree on most points. Dec 16th, at 9: Unless it does that it does not have to be a regulated by the SEC—silkywizard. Dec 16th, at Which comes from affiliate investors, and is paid out to affiliate investors based on the amount they have invested. Please read the SEC website for further clarification. I have decided this will be my last contribution to this article on My Advertising Pays.
The only ones paying for them are the participants themselves. Initial investments will bring in fresh money. And you neglected to answer the rest of the question. And I have yet to see any legitimate business have an issue with paypal. Dec 17th, at It means most of the internal transactrions must be about monopoly transactions.
I think you are missing the point because when I receive my share of the profits it goes into my available money. Dec 28th, at 2: These are all false and liable comments. I know very well Simon Stepsys. In fact many years ago Simon Stepsys recommended me a business online when he could not get the answers from the owner of the company, Simon told me to request a refund from the company.
I did and I got my money back, other people believed in the company and they lost their money. Simon Stepsys is a honest man with a son and a partner. Simon would not sponsor if he does not believe in the company. Simon is not responsible on Banners Brokers failure. I just want to remind people, anyone can get scammed even in a job. If people are dishonest, they can deceive you. Simon Stepsys and myself are honest people who want to help people to succeed.
This is a real business. They money went into my paypal and I received the money into my bank account. That is fact because I recorded a video.
Dec 28th, at 3: Bottomline… everything in life is a gamble. We venture into anything that promises good fortune. We rise and fall but get back up and move on with life. We deal with failures like humans fighting for survival every moment of our lives.
Dec 28th, at 8: And whether you made any money or not in one of the scams he participated in is neither here nor there. Jan 5th, at 4: Jan 5th, at 6: Jan 9th, at 3: Jan 9th, at 9: Feb 10th, at Having been with the site for about 5 months now I have come to the conclusion its a scam.
The only possible answer is no freaking way. I have not seen one legit business advertising the entire time i have been using it, its just scams within scams. The only way this works is new investor money is being used to pay out that scum bag Simon Stepsys and all the other old investors.
The quest to get to credit packs is constantly being rammed down your throat so you will keep your money in the system, even though the vast majority of people will never get there. Yes the only way to make real money in this is to get referal commissions. As for the auto-purchase feature it is my understanding that this hasnt been working, however i may be wrong, and i am sure as hell not going to buy another credit pack to find out.
Feb 17th, at 3: Great bit of info on the difference between a ponzi scheme and a truly illegal mlm scam. Mar 7th, at 6: Just a quick update. This was deliberately done by Deese in order to prevent SEC investigating the company. Deese has no day to day running of the company, however Tony and Lynn Booth , Simon Stepsys, Richard Mead, Shaun Smith are heavily involved in running this ponzi scheme. Mar 10th, at Apr 7th, at 6: Apr 12th, at 9: Ask them who the major corporate advertisers are that are advertising with MAPS that allow them to generate the tens of millions of dollars in revenue required for MAPs to be a real business.
Apr 12th, at Registration in UK takes 2 hours and can be done for a few hundred Euros at most. The sheeple are posting actual pictures of their new houses and cars now. Seen it many times before on all the various scams. Bling-flashing is how you get more sheeple to sign up, being a perverted form of peer pressure. Our E-Formation package is perfect if you want to secure a company name or establish a dormant company and require no official printed documents. Thiswas deliberately done by Deese in order to prevent SEC investigating the company.
My Advertising Pays L. Apr 12th, at 1: Private Limited Company Company number: Active country of origin: United Kingdom incorporation date: Apr 12th, at 2: Friend the Member for Northfield said, many people just see themselves as mugs and feel that they were stupid to be taken in.
Apr 12th, at 4: Mr Stepsys continued to promote and operate a number of homeworking schemes despite giving undertakings to the Director General, in August last year, that he would stop the publication and dissemination of misleading advertisements. Todays injunction restrains Mr Stepsys from making false or misleading claims regarding working from home schemes ….
Apr 13th, at 3: May 16th, at 5: May 27th, at 5: The end is near.. May 28th, at 3: Jun 2nd, at Apple, Five Guys and many notable american ads are shown. Jun 3rd, at Only the last one will contain any money electronic money or credit.
You have realized that. MAP will need to have someone paying for that exposure. Currently the only ones paying money in to MAP are the affiliates themselves purchasing advertising credits. Jun 3rd, at 1: The booster credit did show people clicking to check out the website. If I do a search for a legitimate product, maps is not in any search result. ZeekRewards was the same way: Do you contact those companies first to get an agreement about payment for those ads?
Or do you simply send them a bill afterwards, e. Profit will usually come from a payment. Jun 23rd, at 2: Jun 23rd, at 5: Jun 23rd, at 6: I hope MAPS publish real accounts or some verified stats at least to show money from external advertisers. MAPwinner you are NOT seeing ads on the traffic exchange from external advertisers as you need credit packs to post these and I can tell you apple or any company is buying credit packs.
When you see ads for a big company it will be someone affiliated with that company wanting referral commission if u buy. Jul 4th, at Lets just admit it, maps is a ponzi, get in early and cash out, itsa game play it like one. This is where you miss it. As long as MAPS operates as a Ponzi scheme, whatever else you can and cannot do in the business is irrelevant.
Jul 5th, at Jul 5th, at 9: The next stage in the process is that the case will be heard by the Advertising Standards Council. Jul 8th, at 1: Jul 12th, at 1: Jul 12th, at 8: Traffic Monsoon were single-level commissions last time I checked, ie. Jul 12th, at Jul 15th, at 5: Thought you only got referal money from direct referrals rather than loads of levels deep.
Jul 15th, at 7: My Advertising Pays — Scam June Simon Stepsys Success International Ltd said the ads were designed to generate interest in an affiliate programme, and that there was no personal selling required to make money. Each Credit Pack qualified members for a share in the profits. Members had to click on ten ads each day in the Traffic Exchange to qualify for profit-shares that day. They said that consumers did not have to purchase credit packs, nor recruit or sponsor others to earn.
They told us that they would remove the ads. The ads must not appear again in their current form. We told Simon Stepsys Success International Ltd to ensure that they did not make earnings claims unless they could be substantiated, and not to claim that selling was not involved in an opportunity if that was not the case.
FOCUS Master Key Associates Ltd Status: Companies House incorporates and dissolves limited companies, registers the information companies are legally required to supply, and makes that information available to the public. Jul 15th, at Upheld The ASA noted that a number of claims in the ads suggested that significant amounts of money could be made.
Which source did you use there? It looks like you have quoted a shill source? The ASA begins an investigation by contacting the advertiser for its views on the advertisement and, where appropriate, substantiation of claims made in it. The ASA may on occasion seek advice from industry experts on more complex issues. Once the investigation is complete, a draft recommendation is sent to both the advertiser and the original complainant for any comments, with a request to keep this confidential until publication of the final report.
The draft recommendation is then submitted to the independent Advertising Standards Authority Council, which adjudicates on ASA investigations. The ASA Council then discusses the complaint and the draft recommendation, and votes on whether to uphold the complaint or not. Jul 16th, at 2: They have a policy against money laundering and crime. Jul 16th, at 4: It looked like you had quoted something from a shill source.
I had serious reason to believe that it had been picked up from a shill site, because it only focused on one side of the story. Jul 17th, at 1: Jul 30th, at Aug 1st, at 8: Posted by Frank Calabro Jr. Aug 1st, at Aug 3rd, at 3: Aug 3rd, at 4: Aug 3rd, at 6: Let the games begin…. Aug 30th, at 6: Aug 30th, at 7: Aug 30th, at 8: Jon Walsh, co-founder of One Central Point, an international advertising agency, said: It seems to be a get-rich-quick scheme that relies on other people buying in to keep going.
Damian Ryan, co-author of Understanding Digital Marketing, said: I went to a Map event some time ago and it seemed to be a pseudo-religious experience for many of the people there. Oct 16th, at 4: Oct 16th, at 7: How many will have the balls to go after deese to get their money back? If business is as good as he says in the link above. Why not just stop taking new members and continue to pay the original USA members?
Feb 16th, at 7: Feb 17th, at 6: Apr 7th, at 8: May 16th, at 1: Jun 23rd, at 9: The new policy is that the money you make remains with the banks for a month after which you can withdraw it. The month has passed and withdrawals are back. I have been with MAP since July , and there has never been any reason to doubt the company. I withdrew my capital in full just before the switch-over to Euro. Everything I withdraw now is raw profit. Whoever does not want to participate in MAP will always have an excuse for not doing so.
Sep 16th, at 3: Sep 17th, at Nov 10th, at 6: I read most of the post above but I am not satisfied. Some people claim MAP to be a ponzi scheme and others do not. Ok I agree that it looks like ponzi, in that case where are the people who suffered losses from this company? All that I see is some people who did not participated in MAP claiming that it is ponzi. Where are the real people who participated but lost their money in the process.
And in any event, whether or not a Ponzi has collapsed yet or not is irrespective of it being a Ponzi. Email will not be published required. Leave this field empty. Whether or not Deese was an affiliate in any of those programs however, is unclear.
All you have to do is introduce others to M. The screenshot below, taken from an advertising video that plays on the MyAdvertisingPays website, spells out the Ponzi nature of the business even further: The Advert Platform Review: Five level investment scheme - Aug 21st, Since My Advertising Pays pays its affiliates from the interest invested by the affiliate Interest?
Until the day maps closes no one will know if it is a ponzi scheme or not. Seeing as you appear to be a pretty good example, you tell us. I have sent this to Mike Deese the Admin.. MAP has grown More investors! Optional recruitment of new investors! You would not have a referral comission unless referred them to this… So?
Lorraine July 6th, at 6: We just enjoy the services he provides … it is damn good. We just enjoy the services he provides … Which is taking new affiliate funds and using it to pay off existing investors. Here endeth the lessons. Actually yes they have quite a few?