HugeROI.com is not the typical investment club as defined by the SEC therefore not required to be registered. While they do have several membership levels, the fees are just club access fees. No funds are collected, used or invested for the members in securities or investments. So what do the members get for joining? Here is what their website has to offer.

“Since 1999, HugeROI has been fulfilling dreams for more than 15,000 members. Our proven investment opportunities have earned some members up to a 2,500% return on their investment. We are a registered company in Tennessee (Registration# 0536953).”

“How do we do it? HugeROI connects you with some of the hottest investment opportunities available. When you join HugeROI, you will have access to lucrative programs and the knowledge of eight millionaires from around the world who have made their fortunes through smart investments. You will learn their source and secrets in just a few hours after signing up.”

If you are thinking of signing up for access to this database of “hot” investments, you may want to wait a bit longer to see what is coming down the pipe. We have signed up for this service and must say we are disappointed. This extensive “database” of investment opportunities has not changed much in almost 2 years. Some of the opportunities are now defunct and others are out of reach for the average Joe either because of minimum requirements or geographical restrictions.

There are about 2 dozen or so investments listed and maybe a handful are worth additional efforts in due diligence and investing in. If you consider several of the items oneworldincome.com has talked about like “Bet on Markets” and “Reverse Pension Plans” as an alternative investment, then this site is for you.

For a club that has 15,000+ members the forum appears to be not frequented much by its members if the 600+ registered users are of any indications. Maybe they need to have more than the two categories that they have listed to get people talking.

We are not totally negative on their concept, since this is what we are striving to do ourselves here at OWI, but free information to all that visits. HugeROI.com does have some decent investment ideas like some offshore mutual funds, however, that is probably not the high yields we are all looking for.

To be fair to HugeROI, they have announced that they are revamping the site and will be adding more investments content to the mix. That was a few months ago… So far, nothing has really changed except the launch of their own in-house investments. Now, that will change its classification on the type of investment club it is. Based in Tennessee, we are not sure how they will address the SEC requirements. Being registered as a Tennessee business is not the same as being registered with the SEC to sell securities or managing investments for passive investors.

In our opinion, save your money for now, and wait to see how things develop before joining. If curiosity is getting the best of you, you can always sign up for the $19.95 five day trial.