about investment options

@mistissa (1349)
Netherlands
November 9, 2007 4:46am CST
I have been looking into the option of investing a little money. But how come all the investments sites only take payment through e-gold? I have not been able to find any investment sites that take paypal. What is so special about e-gold in investing?
1 response
@Goldmoney (313)
• Slovenia
9 Nov 07
Investing money in hyip, investment programs and autosurf is sort of illegal and because of that PayPal doesn't except that kind of money. But main reason is that with e-gold you want pay any taxes, because nobody knows who has received money and which amount. If you use PayPal you have to report your earnings to IRS if you make more then 600$ a year. E-gold is mostly used by scammers and most of investment programs turn to scam sooner or later! I tried it and almost always lose it, because I didn't have time to study programs money flow every day. Now, I am only member of online-capital, but I also have the same problems, because they removed e-gold withdrawals option and now they offer only bank wires. You have to have a lot of money to withdraw by wire, because you have to pay big transfer fees and also your bank will know that you received money and they will report it to IRS.
1 person likes this
• South Korea
9 Nov 07
This is the best answer you will ever have from this post. then if you want to go ahead in your investment you need to open an e-gold account and fund the account before you can invest. you can fund your account through the e-gold merchants, or you can fund your e-gold through paypal by using this site www.freewebs.com/transfinance Good luck :}-
• United States
14 Nov 07
You should be able to use a Bank Account to fund any on-line stock account broker on-line. Use TDameritrade. Low fews, easy to use.