Another Bonus Offer

September 20, 2008

Last Revised:  May 23, 2012 4:50 PM

 

Purposes of Bonuses

Bonuses Must Be In Writing

Example of Bonus For the 2008 Christmas Campaign

In celebration of the great success for the just-finished bonus offer, for the week ending Friday, September 19, 2008, with VL Staff each getting an initial amount of currency equal to one weeks' pay, plus two more weeks' pay added to that bonus under certain circumstances one year from the date of the original bonus -- there is a new bonus from the week ending September 26 through the week ending October 31, 2008, is described on this page.

In addition to an offer, this Company Policy adds MORE purposes for a bonus, with THIS offer of a bonus developing those new purposes.

Modification of Bonus Offer made AFTER the bonus was offered to VL Staff:

Details not included here, but the modification involved paying the bonus in full-sized gold bullion, not the tiny 1/10th ounce sizes. This meant the bonus would most practically be awarded not smoothly in proportion to salaries. This modification was suggested to the partipants. When and if agreed, this modification affects the description of this Bonus.

It is NOT necessary that every VL Staff member have an "entrepreneurial attitude," but when a Company is expanding rapidly and needs people to accept responsibility for executive positions, SOME of those positions (such as ED, or ED or a subsidiary) may do best if they have this entrepreneurial attitude.

It is a common attitude among owners and want-to-be owners, but very rare among the general population.

If a bonus offer includes immediate cash, that satisfies the most basic motivation for all humans -- "money."

The "money" in this Bonus starts off being gold bullion:

Gold BullionThe Eagles that we sell are all Mint-fresh
uncirculated coins of the current year.

Gold Eagles from the U.S. Mint are the most popular gold bullion coin in this country, and now make up over 80% of the U.S. physical gold bullion market. This bullion product has been a tremendous success for the U.S. Mint.

For both large and small purchases, gold Eagles are our biggest seller in gold bullion. And, although in the long run it may not matter which form of gold bullion you decide to purchase, there are good reasons for buying Eagles:

They are low-cost bullion products that are easy to buy and sell at reasonable price spreads.

They are easy to store, because they're issued in space-saving Treasury tubes, instead of the more cumbersome individual packaging that comes with all sizes of Kangaroos, Dragons, Pandas, and the fractional-size Canadian Maples.

They are made of tough 22karat gold (91.7% pure), a much more scuff-resistant material than the pure (99.9% or better) forms of bullion.

Some of the various sizes of gold Eagles may have a value to collectors in the future based on their scarcity. A strong after-market has already developed as collectors look to complete their sets going back to 1986 - particularly scarce are some of the low-mintage half- and quarter-ounce gold Eagles from the early 1990's. (SOURCE)

This bonus, like all other Company bonuses, is payable only to Vibrant Life Staff who are full time from the start to the end of the bonus offer period.

But if the incentive of money has a side, additional incentive of increasing a Staff Member's level of interest in being an "owner" or level of interest in starting a new enterprise (for a new Company Venture) then finding and encouraging those latent motivations can be a very valid purpose of a bonus offer.

Another rare trait amongst the population is an INTERETST IN or AWARENESS OF the long range future.

In a culture that lives from pay check to pay check, those who causatively plan for a year in the future are extremely rare, yet this characteristic is vital for those who would be in the highest realms of executive leadership.

The BONUS OFFER described on this page, then, is a combination incentive of:

  • Gold BullionImmediate Cash (equivalent in gold)
  • Incentive to INVEST and SAVE
  • Incentive to remain employed at Vibrant Life
  • Incentive to PLAN for and to CAUSE the future -- two years from now.

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  1. This Bonus can be called the "Gold Bonus" because it is paid in US Minted Gold Bullion Pieces that could be taken out the first day you get them and converted into cash. (See conversion costs BELOW.)
  2. Since the Bonus is paid in GOLD, not in US dollars, the first day you own this gold you have an INVESTMENT. You can choose to hold on to the gold and watch it increase or decrease in value, just like any person who invests in the stock market or gold.
      1. MY buying price will determine YOUR cost of the gold you receive. This is not a great bargain in gold price, but it can get you STARTED in understanding Gold as an investment. See MY probable buying price HERE.

        Not the typical, but the best definition for this usage of "investment" is here:

        6. a devoting, using, or giving of time, talent, emotional energy, etc., as for a purpose or to achieve something: His investment in the project included more time than he cared to remember. (source)

  3. When you earn this bonus, you have EARNED it for extra effort you have INVESTED. I hope you will regard this EXTRA INCOME as something you will NOT turn into currency and spend on your current living expenses.
  4. An executive is one who can INVEST in things today, with the expectation that his investment will be worth more tomorrow. Whether he invests in gold or invests time into study, an investment calls for a hope, or a certainty that the investment will "pay dividends" down the line.
  5. If you are a clever investor you might want to trade your gold for a different type of investment? It's your choice. As long as you keep your gold, or convert it into a non-cash investment, you are investing and the fact that your investment is worth more one year from your winning this bonus, (NOTE EXCEPTION BELOW)means that the original bonus may be paid again.
  6. You can even convert the gold to cash and "invest" the cash in something you believe will benefit you -- just, then, give me a written essay on what you did, to earn the next year's bonus, and why it was a "good investment" for you.
  7. So, ONE purpose of the Gold Bonus is to give you something of value -- Gold Bullion.

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  8. A second purpose is to give you an opportunity to learn about and practice "investment" of any type that you think would be valuable to you.
  9. Another purpose is to give some incentive for remaining employed at Vibrant Life, since the bonuses are only paid with full time employment from the beginning of the bonus offer period to the end of the target period and then only as you continue to be employed when other bonus dates have come.
  10. The next purpose is also evident in that a second bonus may be paid, one year from the date of the first bonus of gold -- this stretches your time sense out to a year, rather than tomorrow.
  11. Executives need to be able to look into the far future. Any Staff Member needs the ability to plan for the future.
  12. The final purpose is to award a bonus for results over a longer period of time than one week.
  13. Our future prosperity calls for consistent expansion and improvement in our statistics, but we should also plan for sales to NOT ALWAYS GO UP -- but to go up MOST of the time.
  14. Therefore this Gold Bonus has this as part of the requirement:
  15. Starting with the week that ends on September 26, 2008, and extending for SIX weeks, through October 31, 2008, the VSD statistic must go up at least FOUR of those weeks -- any four.
  16. and if you get the first week in this period UP, you have a great deal of ease handling five more weeks. Up for the first week would be $15,100.

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  17. The total VSD for the entire six week period must be SEVEN TIMES as much as the last one-week statistic for VSD.
  18. The VSD for last week, Friday, was $15,095. The Gold Bonus Target is $105,000 (including bulk MSM or any other of our product sales).
  19. Again, it would be wise to call Australia or another of our bulk MSM customers to set up an expectation that they will buy some tonnage "soon" so that the $105,000 total can be handled as close to the beginning of the period as possible.
  20. This is an average of about $17,600 per week for the entire period of six weeks.
  21. Seems easy enough to me, but it is up to you....
  22. This Bonus takes into account a longer period than the last and there is now time to INVEST some of that time, early, in putting into place promotional campaigns that can be implemented in the early part of this 6 weeks, and still produce results within the 6 weeks.
  23. It would good to get those early plans done immediately so that the results CAN be achieved before Friday, October 31, 2008 (by which time Dr. MSR Ayyangar will be visiting).
  24. Here is the final purpose of a bonus -- this bonus -- to honor someone in particular.
  25. So, this is the GOLD BONUS FOR MSR.
  26. The last element of a bonus is "how much money should I invest in the bonus?"
  27. The last bonus paid one week's pay, initially, and two more week's pay prospectively -- three week's pay for a one week effort.
  28. This bonus offer is two weeks pay, initially, and a total of another four week's pay if ALL targets are met over the two year period.
  29. The bonus amount for this offer is TWO WEEK'S PAY FOR THE ATTAINMENT OF THE TARGET (MEASURED SIX WEEKS FROM THE START, AS STATED (October 31, 2008).
  30. The 'EXTENSION' of that amount is as follows:
    1. TWO ADDITIONAL WEEK'S PAY (AT CURRENT SALARY RATES) ONE YEAR FROM THE END OF THE PERIOD, October 30, 2009, FOR VSD STATISTICS OF $22,000 OR MORE FOR EACH OF THE THREE CONSECUTIVE WEEKS PRIOR TO THAT DATE (IN 2009).
    2. and A SHOWING THAT YOUR GOLD HAS BEEN INVESTED AND IS THEN WORTH MORE THAN IT COST TO ACQUIRE. (If you are very conservative, convert the gold into currency and place the currency into a simple savings account -- be sure your interest is enough to cover any loss on the conversion of your gold compared to the amount I paid (one week's salary).
    3. The bonuses for 2009 and 2010 are paid in currency, not gold -- non taxable currency.
    4. TWO MORE ADDITIONAL WEEK'S PAY AT THE END OF THE SECOND YEAR FOLLOWING THIS BONUS, October 29, 2010, OFFER ENDING DATE, WHEN THE TOTAL VSD STATISTIC FOR THE SIX WEEKS JUST PRECEDING THAT DATE ARE AT $66,000 PER WEEK AVERAGE FOR THOSE SIX WEEKS (ENDING OCTOBER 29, 2010).
    5. This means that a six-week successful effort NOW can mean a SIX WEEK EXTRA INCOME to you. If this were to continue this would be like doubling your current salary.
    6. I would be likely to keep up this type of offer on a recurring basis if the expenses, and particularly the number of VL Staff do not increase greatly.

There can and will be many other bonus offers, but the early bonus offers may well be the most rewarding, just because NOW is the time we need to learn how and prove that we can increase the VSD causatively.

The initial bonus, when earned, will be paid in physical gold bullion, purchased for what your gross salary is now FOR ONE WEEK'S SALARY. The amount of gold you will get will depend on the spot price of gold on that final day of the bonus period.

NO WITHHOLDING TAX ON THESE BONUS AMOUNTS -- THEY WILL NOT BE USED AS AN EXPENSE FOR TAX DEDUCTION ON OUR RETURN.

The second bonus, one year later, is paid IF, also, the above first bonus targets on VSD have been met, and the targets for the second year are also met by that date in 2009 and there is some evidence that you have "invested" that gold wisely.

The third bonus will be paid also in currency, not gold and depends on earning the FIRST and SECOND bonus -- only then is the third bonus payable if the above second year target is met.

Believe me, I will enjoy this as much as I hope you will!

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Gold Bullion Prices

The story:

Never bought gold before ?      Then you may have some questions !

New buyers are attracted to gold everyday, not only for its beauty, but because gold is the uniquely private, personal, and portable way to hold some real wealth. With the incredible amounts of dollars flowing around the world, it's no wonder that gold consumption increases every year. New money is being created from such sources as stock gains, new-economy wealth, baby-boomers coming into their inheritance, and, most commonly, the rewards of good old-fashion working for a living. And, today as always, a certain amount of that 'money' is converted to gold. Gold has always been the private, permanent, and secure way to hold a percentage of your assets.

We will provide, on this site, comprehensive information about gold, its properties, it’s history, it’s cost and forms available to buy. Then you can make an informed decision about what type of gold is best for you.

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Gold coins -vs- Gold bullion

First-time buyers often tell us: "I want just to buy some gold bullion. I'm not interested in coins, yet what I see offered everywhere is gold coins. What's that all about?" For years, we have heard this comment from many of our clients.

Basically, this is a misunderstanding of what bullion is. The common perception is that rectangular bits of gold ("bars") are the most cost effective, and perhaps the only available, form of gold bullion. The same thinking has it that round bits of gold ("coins") are limited in supply, expensive, and perhaps, to some extent, collectors' items.

When you go to buy gold for gold's sake, what you are looking for is bullion. Bullion is a recognized weight and fineness of gold that you can purchase for the current price of gold, plus the small percentage costs incurred in refining, fabricating, and shipping that bullion to you.

The word 'bullion' has a very simple definition: it is simply a refined and stamped weight of precious metal. Our traditional view of gold bullion is the large gold 'bricks' that we imagine are stored in Fort Knox. You might remember seeing them in the old James Bond movie "Goldfinger."

And, sure enough, much of the world's bullion gold is in the form of refined gold in large bars, held in central bank storage. These are the "London good delivery" bars of approximately 400 troy ounce size, refined and cast by the various private refiners worldwide, and accepted for 'delivery' into London and other major gold markets.

These large bars are an efficient way to trade physical gold, but they're best left in the care of a registered storage facility. However, if you have an actual use for the gold, they can be the most cost-effective way to buy it. They're useful, for instance, if you're going to make something that requires about 28 pounds of gold as a raw material.

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But if you don't actually make use of them, these bars can be costly to liquidate once removed from storage. You may encounter assay, refining, or just handling fees in trying to liquidate that size bar. It's much more difficult and time-consuming to liquidate a chunk of gold that is worth over $100,000 than it is to sell the same amount of gold in more convenient and tradable sizes.

Smaller bars of gold in sizes from the tiny 1-gram jewelry trinkets up to 32.15 ounce kilogram bars have also been poured by various refiners around the world. 

These are very popular in the retail gold bullion market worldwide, particularly in parts of Europe, the Middle East, and Asia. Buying gold in bar form gives people around the world a way to build wealth without depending on the changing value and acceptance of the local currency. For people everywhere in the world, a gold hoard is a private and permanent hedge against many possible contingencies.

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Today, in North America and other parts of the world, gold bullion 'coins' backed and guaranteed by their issuing government are the most popular form of traded gold. How did that come to be?

Of course, gold coins have been used in trade for thousands of years. The concept of a government-guaranteed measure of gold was what originally gave 'money' its power and legitimacy. But with the end of circulating gold coins in the world during the 1930's, gold lost its link with everyday currency, and people began to think of gold coins as collectible artifacts from our monetary past. "Gold coins," no longer produced as money, came to be considered something scarce and obsolete.

All that changed in 1967 with the introduction of the gold Krugerrand. That year, South Africa introduced a radical idea in bullion: Government-issued gold bullion in convenient one ounce form, "gold coins for the people," struck in unlimited quantities, and distributed at the current spot price of gold plus a small percentage. By assigning these coins a nominal face value, their legal tender status avoided the restrictions, duties, and taxes that many countries levy on raw gold bullion.

Now, these gold coins have come to dominate the U.S. gold market, mostly in the form of bullion coins containing exactly one troy ounce (31.15 grams) of pure gold. South Africa pioneered the 'round bullion' concept, but they were followed by Canadian Maples, Chinese Pandas, and, in 1986, the U.S. gold Eagles. Since then, countries such as Australia, Austria, Great Britain, and Singapore have also issued such coins, with varying degrees of success. But each coin has the advantage of guaranteed purity, exact weight, and total liquidity worldwide.

If you want possession of bullion gold, your best bet is the guaranteed bullion coins issued by the various world mints. In the U.S., American gold Eagles are probably your best choice, although Canadian Maple Leafs, South African Krugerrands, Chinese Pandas, and Australia's bullion coins each have much to recommend them.

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Although we have access to the larger bars if our customer just feels like having enormous blocks of gold, we strongly recommend that our clients purchase the modern bullion coins, even if purchasing hundreds or thousands of ounces of pure gold.

Gold bullion coins in the last twenty years have become the most liquid, divisible, and accepted form of gold bullion worldwide, and they enjoy a much more favorable 'spread' than bullion bars. In the U.S., they are simply the smartest way to buy gold if you are going to take physical possession of the bullion yourself.


American Gold Eagle BullionThe American Eagle Bullion is minted by the US Government and sold as a method approved by the Government to hold and invest in gold. Generally this type of gold bullion is sold by registered dealers, as well as individuals.

One very well known dealer is "Only Gold" click on the image below

Gold Dealer 

This dealer sells a minimum of 10 ounces, no matter whether the full one-ounce size or the 1/10 size for each piece for a purchase. I WILL NEED TO FIND A SOURCE SELLING SMALLER QUANTITIES, AND THE COST WILL BE HIGHER BECAUSE OF THE SMALL QUANTITY, BUT I do want you to have the experience of owning gold.

Exception To Bonus Rule about Increased Value of Investment

If you do NOT sell the gold when you earn this Gold Bonus to make some other investment, then your gold held in your possession will be accepted as success in investing, per the bonus criteria above whether the price of gold goes up or down.

Keep in mind that YOUR cost for YOUR gold is MY buying price. Since I will only be buying a small amount the cost per ounce of gold will be high. Likewise, if you sell YOUR gold, you will be selling at the market buying price and see a substantial difference for such a small amount.

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As of September 21, 2008, per ounce:

Our (Only Gold) buy prices below are based upon the spot gold price of:  $874.00

Only Gold will only buy 5 ounces minimum and their current buying price for the US Gold Eagle is $88.70 per piece of 1/10 ounce. Since these pieces weigh only 1/10 of an ounce this is NOT a place you can sell a few pieces.

I will be exploring for another dealer who will sell and buy these smaller quantities, and update this page.

Here is one alternative source that sells smaller quantities. Click on the heading below.

 

American Eagle Gold Coin (0.10 oz.)

American Eagle Gold Coin (0.10 oz.)
American Eagle Gold Coin (0.10 oz.)
$98.17 each.
Quantity:

 
Symbol:  GCAE010
Weight:  0.10 oz. actual; 0.01 lbs. shipping
Condition:  Uncirculated
Denomination:  $5 face value
Content:  91.6% pure gold
Diameter:  16.50 mm.
Thickness:  1.26 mm.

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This may mean that you feel that you should hold the pieces, not sell them and simply watch them grow in value when and as the price of gold increases. It could also decrease, but lately the price has been climbing rapidly. For many years, for instance in 1973, the price was about $66 per ounce. Currently the price is $800 per ounce. Where will it be in one year?

 

 

Historical Prices
  Wednesday Jan 10, 1973
$65.00 
  Tuesday Jan 09, 1973
$65.15 
  Monday Jan 08, 1973
$65.10 
  Friday Jan 05, 1973
$65.25 
  Thursday Jan 04, 1973
$64.90 
  Wednesday Jan 03, 1973
$65.30 

 

Historical Prices
  Friday Sep 19, 2008
$869.00 
  Thursday Sep 18, 2008
$863.00 
  Wednesday Sep 17, 2008
$813.00 
  Tuesday Sep 16, 2008
$779.50 
  Monday Sep 15, 2008
$775.00 
  Friday Sep 12, 2008
$750.25 
  Thursday Sep 11, 2008
$740.75 
  Wednesday Sep 10, 2008
$775.75 
  Tuesday Sep 09, 2008
$781.75 
  Monday Sep 08, 2008
$808.00 

 

The tiny amount of gold you would win with this bonus is not likely to turn you into a "gold trader" but it may awaken your interest in one of the world's most popular investments in times of economic troubles.

 

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