Newsletter Archives Bruce's Investment Club - Feb. 2010 Offshore investment in 3rd world countries > Bruce's Investment Club I know some of you are sitting on the edge of your seats wondering what's going on with our Investment Club. Here's the latest: Friday, a week ago, I went to my bank and had them send a $3,000 wire (as a test) to the receiving company in Hong Kong. They were *supposed* to put a specific code number in the "Messages" section. It's been ages since I've sent a wire transfer, and--back then--they gave you a form to fill out. I didn't get that. The bank officer (for whom I had to wait 1/2 hour, 'cause she was 'on the phone') took the information verbally and--despite my protest--put the code in the address bar. That wouldn't have been so bad, but there weren't enough character spaces in that field to accept all the information. Long-story-short: She screwed up the Wire Transfer. When I contacted Hong Kong, they acknowledged that they'd received a $3,120 WT ($120 was their transfer fee), but wouldn't send it back to me because the needed code number wasn't there. After a week+ of emails back-and-forth, and my sending them copies of the bank paperwork, they told me they forwarded the funds ($3K) to the payment company. So, I'm *now* waiting for acknowledgment from *them* that they have our funds. Oh, I'm also in the process of switching banks. Once all that's in order, I'll be proceeding with our test investment. (I'm just trying to be cautious with our money.) Genius Funds is still in good shape, and I've found a couple of others that have also been doing well, one that pays 1.9x after 40 days. 'Til next time ... try to get easy in the saddle! Bruce Quinlan, Texas 903-356-3917 Continue