Bolazo

United States
March 15, 2013 5:41pm CST
I just signed up for Bolazo today via a Facebook friend. It is supposed to be an investment opportunity website where no referrals are required, but they would certainly help. Does anyone here know any information about this new site or could provide any insight on the best way to get started? It would be greatly appreciated. All responses welcome.
1 person likes this
4 responses
@mohkanari (1957)
• India
16 Mar 13
I just visited its site after seeing your discussion. I find all that risks hidden in HYIP sites at this site too. This site is offering 10% in 11 hours. That means members get 110% in 11 hours including invested amount. Profit of 10 % in 1 day. It is huge indeed and bringing doubts about viability.
1 person likes this
• United States
16 Mar 13
I'm sorry, I'm not familiar with the acronym.. what is HYIP? It does look pretty huge as far the earnings, my Facebook friend has made quite a lot so far in her business venture and I admit I do want a slice of the pie! Thanks for sharing your thoughts!!
@mohkanari (1957)
• India
16 Mar 13
HYIP is for High Yield Investment Programs. There are a lot of such online sites. If you join there and find positive working inform me by PM [MyLot personal message] I have made a request for your friendship. Hope you see it.
1 person likes this
• United States
27 Mar 13
I haven't inquired anymore to her about it, but I am waiting to make my first investment. I will accept your request and let you know. Thanks.
@MrGhost (550)
22 Mar 13
Never heard before but you must do some research work before joining it.
1 person likes this
• United States
27 Mar 13
Please let me know what you find out! I am excited to know. Thanks for commenting!!
@ARIES1973 (9801)
• Legaspi, Philippines
15 Mar 13
This is the first time that I've known a site of that name. But personally, I don't go for any investment site as of now after I joined several sites which was referred by fellow Filipinos and after several months I just don't think I am gaining anything for those sites. Although I am not closing my window for any investment opportunity in the future. But we should be very careful when joining such sites. Have a great day!
1 person likes this
@MoonGypsy (4610)
• United States
15 Mar 13
the first suggestion i would make to you is to research their faq section. it should answer most of your questions. if it doesn't, then it's really not a good site. i checked the site and it's really vague on how it is you earn, but here is what i have learned from their faq section. it's at the very bottom "Can I lose money is this Gauranteed Profits? Bolazo is a different type of earning structure, it is a combination of cycler and Non-recruiting model that does not require the member to have to recruit to earn. When Bolazo becomes too financially dependent to survive on its own there is a Plan B which will be implemented to sustain the program and provide profits longer" from what this says, it doesn't seem like the company is strong enough to pay out. i don't know. i wouldn't trust it.
1 person likes this
• United States
16 Mar 13
I haven't heard much about it with it being a new site and all. My Facebook friend who invited me invested like $500 and it went up to $2,000 in less than 24 hours. It was amazing.. she has proof and we've worked together in internet/network marketing in the past and I've never known her to participate in scams.. However, I will watch for a week or two to see how her progress is before fooling with my account as far as deposits, etc. Thanks for sharing your thoughts and the insight!!