Interview with Robert Canalis, administrator of Max Yield

February 5, 2006

Hello sir/madam, at the outset kindly introduce yourself

My name is Robert Canalis, general manager of Max-Yield.com.
I would like to thank Chris and the hyipnetwork.com sites for the
opportunity to answer some questions which should help the online
investor community to better understand our project. The interview
consist of 21 questions. I will make an effort to answer in detail
without getting too lengthy in an attempt not to bore your readers.
As confirmed by the hyipnetwork administrators my interview is the
first one on the network of their sites and I hope this fact does
encourage (but not influence) other program administrators to
publish their interviews.

When did you start your investment career?

Considering my age I could say a long time ago, in numbers, more than
20 years ago. A true full time dedication to this field initiated in
the mid 90ties.

What prompted you to pursue this field? Is this your hobby or
your job?

I did not start out as a top of the class MBA and got hired off the
university campus by a major investment firm. Although I do have
a university degree my investment career, as mentioned in my answer
to your previous question, started a little later in life.

What motivates you to move on and sustain your investment career?

My initial serious investment ventures resulted in overwhelmingly easily
achieved successes which prompted me to discontinue all my other
activities and concentrate on investing only. Soon it turned out that
my beginners luck was really just luck. But by now I was hooked and
I learned fast and hard how to take losses, how to limit them, how
to focus on winning strategies and how to regain the upper hand.

Do you think that the element of passion is important in this field?

Passion is important in whatever you do. If one is not passionate
about something one might as well not do it. Steve Jobs could not
have created Apple or the i-pod without passion, Bill Gates could
not have built Microsoft without passion, Geroge Soros could not have
created the Quantum Fund without passion. Passion should of course not
be confused with emotion in particular with regards to trading.

Speaking about your program/s, kindly tell something about your
program/s?

Our website offers very detailed information and it would take up too
much space in your interview section as well as too much of your
readers’ time. In short we offer a plan with increasing weekly fixed
rates which allows our investors to plan ahead as they know exactly
the absolute return. The argument is of course that fixed returns
cannot be achieved as the markets are not performing equally every day.
Again without getting into much detail about yield curves and economic
prediction concepts, many fixed income products are available from
various financial institutions. Our performance will not and
cannot be positive every week but we can average under-performance with
over-performance and thus return a balanced result to our investors.

How does/do your program/s differ from similar programs around?

We feel the client has the right to withdraw his or her principal at
almost any time, a feature most programs do not offer. Our clients my
withdraw their principal after one week if they wish to do so. Obviously
principal withdrawals could interfere with the ongoing trading
operations of the program. That is the main reason why we have set the
maximum investment amount to $2,000. We might increase this limit in
the future or work with a select investor group who wishes to invest larger
amounts committing to a longer time frame.
The only real risk with the early withdrawal option lies actually with
the client. Since we talked about passion and emotion, investors might
pull out their principal because they spotted a much higher and
quicker paying proposal and want to invest there, unfortunately very
often to experience the volatility of super high yield programs
resulting in losses of their funds. In the long run however investor
intelligence will prevail and the marvel of the moment will be
outperformed by solid concepts with stable longevity perspectives.

How did you start and climb your way up?

If this question refers to me personally I gave you some insight with
my previous answers.
If it refers to Max-Yield, we strive to offer a superior online
investment experience, paying on time all the time and service our
clients needs in the shortest response time possible.
A steadily increasing number of clients will recognize our pay
structure with emphasis on longevity.

Can people lose their money investing with your programs?

Your question sounds very absolute when you say lose “their”
money. Can people lose money? Is there risk involved?
It would be frivolous to neglect the fact that risk and possible loss
of funds is part of the equation.
The future is and remains unpredictable and the Nostradamus approach
will not work. We do our very best to handle investors funds in a
responsible manner aiming to achieve the best possible returns. Hedging
and other portable alpha strategies are ways to reduce the risk factor
but it can never be eliminated entirely.

How do you handle adversities in so far as your program/s is/are
concerned?

I am not sure what you mean by adversities but if we talk about swings
in the financial markets I responded at least partially to this topic.
Markets do not go up or down in a straight line and that is of course
why astute traders are able to make money. Inefficiencies equal
opportunities.

Should you refer to our program itself I do not foresee any serious
difficulties. Ddos attacks are an ongoing concern but we have back up
systems in place. We also own additional domains and different servers
locations.
On a daily basis we receive offers from monitoring sites and although we
are open to new suggestions we cannot consider every offer. Some people
don’t do well handling rejection and might play the revenge card for
example in form of posting negative messages. Of course they do not
count on investor intelligence and that facts speak for themselves.

What has been the biggest challenge you have faced so far in
relation to your investment career?

Since I cannot answer this question spontaneously it would mean I did
not face (yet) THE biggest challenge but rather a list of small
challenges, number one being the factor time, how to spilt up 24 hours
into working and family. Also time frames of the world markets requires
to adjust to very irregular sleeping patterns. But we talked about
passion and passion and enthusiasm overcome all challenges.


Do you maintain a close personal relationship with your member
clients?

We strive to maintain a close relationship in terms of communication
but we do not want to establish a “personal” relationship as we feel
privacy is a key issue and appears to be of increasing importance
considering the persisting efforts of our governments to take
control of our lives.

How do you treat competing programs around?

I don’t! Occasionally I do check a site sent to me by an associate.
Competition is good and keeps us working harder and on alert to
constantly test new ideas and implement improvements to the benefit
of the online investment community and future programs.

What is short term plan for your program/s? How about your long term
plan?

Short term, to establish and strengthen our position in the market over
the next 8 to 10 months, build a solid reputation, provide the very best
service. As our client base grows we will add features that will ensure
continued superior customer care.

Long term, we will continue to follow the guidelines of our company
philosophy with emphasis on the very best client care and dynamic
management. Exploring new ideas, testing new investment concepts and
make them available to our clients, present our site in different
languages.

What is your favorite program/s around similar to yours?

I prefer not to answer this question as it might result in me being
viewed as favouring a particular program and in turn could provoke
a conspiracy theory.

What pieces of advice can you offer to novice investors?

Be realistic, investing is risky, grow your portfolio step by step
don’t bet on the one time “sure” deal with your life savings. Analyse
your risk tolerance and invest your funds accordingly. Your aim
should be a 70:30 ratio winners:losers of course in balance with your
invested amounts. To quote George Soros: “It’s not whether you’re right
or wrong that’s important, but how much money you make when you’re right
and how much you lose when you’re wrong.”

In the investment field you are in, do you think there is something
rewarding to look forward to?

Yes, of course, and let’s be realistic (again) the financial reward is
the key motivator in the capitalistic world. Looking at the growth rate
of China even communistic structures have understood that fact.
Some people say money is not the most important thing but I would
say you are in a better position to make this statement if you already
have money.
Let’s not forget money is really only a means to get something else.
This could be material as well as philanthropic. I mentioned George
Soros; he is one of the more noted personalities in the financial
world known to engage in rather substantial philanthropic contributions.
Over 2000 years ago Publilius Syrus concluded:
“Money alone sets all the world in motion.”


Do you think there is a need to institute more legal measures to
address possible widespread of irregularities in your investment field?

I strongly believe in Laissez Faire and less government intervention is
better. Governments by nature slow things down and make everything
more complicated. Arguments and discussions to regulate the hedge fund
industry has recently become a major issue but I see this largely driven
by people with political ambitions.
To quote another great thinker, Voltaire:
“It is dangerous to be right in matters on which the established
authorities are wrong.”

What breakthrough would you like to witness?

I assume you refer to our hyi-field and not to a cancer cure
or an hiv cure or a lasting middle east peace solution.

Pecunix getting the recognition it deserves, being as popular as e-gold.
E-gold being as popular as pay-pal.

What is your message to aspiring administrator or program owner like
you?

Be realistic, provide superior service, be responsible, respect your
clients and they will respect you, offer what you can achieve to
deliver.
Make sure you have sufficient start up funds, list your venture on
a number of professional rating sites like thehyip.com for example.
I would encourage everybody who has a good idea and a clear concept
to go ahead and implement it.

How do you see yourself 10 years from now?

Older, wiser, less hectic, in a position to dedicate more time and
energy to causes that matter, to other things than the financial
business.

Thank you again for this opportunity. A thank you to the members of
hyipnetwork.com who took the time to read this interview. We welcome
questions, comments and anything you want to communicate to us.

Robert Canalis
http://www.max-yield.com

Comments

9 Responses to “Interview with Robert Canalis, administrator of Max Yield”

  1. John R. on February 26th, 2006 5:38 am

    Enjoyed Robert Canalis’ interview. He shows some real depth of character and thinking. I like what his program has to offer, if he truly delivers for his clients. I’ll give Max-yield some serious consideration.

  2. HYIP Network on February 26th, 2006 6:03 pm

    Those guys really responded very quick to our interview request. Just my 2 cents.

  3. John R. on February 27th, 2006 8:01 pm

    I made a request for DD documentation, but none is forthcoming, and Robert referred me back to this article. Here is a reprint of his response to me:
    Hello

    Thank you for your kind words, we do appreciate
    You concern is of course justified as we live in
    a world with massive rule breaker mentality.

    The DD papers and docs question is a frequently discussed
    topic yet the actual result of this so called in depth DD will
    have very little to no effect on any future outcome.
    The more DD information you have the more you
    will be inclined to invest larger amounts.

    There is no shortage of investment schemes that provide
    all the documentation you can ask for and personal or group
    meetings and presentations will enforce your trust in the
    proposed solution to the point where you will feel this
    is your great chance to make some serious money.

    A lot of money is being made with a lot of programs and
    projects without any background data.

    Where you place your money or part of your money
    depends on your risk tolerance, your comfort level and
    your investment style.
    Some people are happy with a savings account, some buy
    blue chips, some like to venture into futures and options.

    You may want to read my interview on the hyipnetwork
    http://www.hyipblog.com/?p=221
    This should give you a better idea what we are about.

    Thank you for your attention

    Best regards

    Robert
    MaxYield GM

  4. Costume Maker on March 12th, 2006 1:15 pm

    Hi, How about a hobby in Costume making? I love doing it! And, after a while, why not rent them out? Very rewarding indeed! Keep up the good work! Regards, Sheila. ;)

  5. Costume on March 12th, 2006 9:51 pm

    Hi I am Angelique, 16 years of age from France, and I make costumes for my hobby. I plan to make my own costume rental business someday. I like blogging as well, as I can tell everybody about my hobby. Bye everybody! :)

  6. Business Credit on March 15th, 2006 6:11 pm

    Anybody know how we get an RSS feed for this blog? I am not very tech savvy and would really like to get updated info on this blog. Thanks!

  7. HYIP Network on March 15th, 2006 6:21 pm

    Hi, I am the blog administrator. Here is the URL of the feed http://www.hyipblog.com/feed/
    We are still working on the blog, I mean we have to some more general content. I would like to hear your comments about it.

    My best regards,
    Chris

  8. HYIP Network on March 15th, 2006 6:24 pm

    I will add a tutorial about how to use our blog and forum feeds today or tomorrow. Too busy lately you know, have to track many things.

  9. HYIP Network on March 29th, 2006 6:31 pm

    Greetings Mary Sure :) Enjoy your stay :) Glad you like our blog, make sure to check our network websites:
    www.thehyip.com - HYIP Monitoring
    www.hyiptalk.com/forum - HYIP Forum
    See you around.

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