Sunday, March 22, 2009

Program Updates--Gold Nugget Invest and Affordable Affiliates

Gold Nugget Invest
I really do like this program although I will still keep it classified as medium risk due to the level of profits being paid. That is the ONLY reason for this. The program is 2 1/2 years old and has kept getting better. The admin is good and payments are prompts. Any issues which have come up have been promptly attended to.

The program is being incorporated and will be moving offshore. In conjunction with this there will be a bank wiring option offered. This is particularly useful for those who will want to take advantage of the 7.5% weekly profit for deposits of $21,000 to $50,000.

How likely is this sort of activity (it depends on people betting) to continue in an economic downturn? Actually, betting/gambling is one of the activities which increases in bad times. I consider that totally insane, but the facts are what they are.

WARNING: This program will become private and closed to new members when they reach the maximum funds that they feel they can handle and guarantee the profits promised. When that occurs, the amounts in the accounts will be set. There will be no possibility of adding to our accounts or growing our account in this program. This will be necessary since they will not be able to increase the total amount of money they are working with. Unless someone else reduces the funds in their account, none of us will be able to increase ours. When will this occur? I do not know, nor do they, since it just depends on how fast they reach their maximum. My best guess would be that it is not likely to occur before May, but I would not count on having that long to increase our accounts.

Regardless of exactly how long we have, there is only a limited time in which we can get an account and increase the amount in the account. I really appreciate the 6% to 7.5% weekly profits with no fees. It is hard to find that level of profits in a program which is not high risk.


Affordable Affiliates Network
This is a new program, and like most new programs which think that they have solved their programming problems before launching, it never quite works that way. They are still working to solve their website issues.

Despite some of the payments not showing up yet in the back office, they have all been received, are safe and will be showing up,most likely by some time tomorrow.

There is trading going on. There are items being bought with our funds and sold on our behalf. As soon as the website issues have been solved many of us should be pleasantly surprised to find that we have already made money.

There will be a webinar tomorrow (Monday) to update everyone on what is happening behind the scene (lots) and it is to be recorded for all those who cannot attend live.

This program should be around for a long time and should only improve with time. While not immune to the economic downturn, it will be affected less than most other things.

Thursday, March 12, 2009

Sqip and Program Updates

Sqip
This is a new social networking program which is offering free shares like me2everyone.
The guarantee than there will never be any charge and that over time the shares will appreciate in value.

Actually, looking at what the site is going to be offering in the way of features, it may actually be an improvement over other social networking sites.

In accordance with my usual way of looking at these things, since the shares are free and seem not to entail any obligation on our part, it seems only polite for us to accept them. If in 2 or 3 years they become valuable, we can pat ourselves on the back for being so astute, and if they end up being worthless we have lost nothing.



Gold Nugget Invest
This is a very nice program and very well suited to difficult economic conditions. While there is no true 'gambling' involved here, the program still does depend on the health of the gambling industry. It may seem counter intuitive, but gambling (along with tobacco, alcohol and drug sales) tend to increase as the economic conditions worsen.

This program has added another improvement. Large investments ($21,000 to $50,000) will henceforth earn 7.5% per week. Since there is no trading going on they are one of the few programs which can really guarantee a weekly income.


Affordable Affiliates Network

This new program is growing at an amazing rate, it has grown by over 1600 members in a week and a half.

It is experiencing growing pains common to all new programs while they attempt to get their websites to do what they want them to do, and in this case it is aggravated by the rapid growth in numbers.

Admin is committed to making the program work and everything is being done to get it working optimally as rapidly as possible. I am impressed by the number of hours that admin is putting into working on these things. The program has a great deal of potential to produce good and increasing income monthly.


Scams and High Risk Programs
More and more people are coming to me with programs to look at which have guaranteed daily, weekly or monthly profits from some, usually unspecified, investment. The profits are also usually incredibly high, often as high as 2% or more per day.

If you see programs that fit that sort of description, be aware that they are either outright scams, in which case you will never get anything from them, or they are Ponzis, in which case you may initially get some profits from them but that may be very short lived. They end up vanishing with the money of everyone still in the program at that time.

I would urge you to be very careful if considering investing in one of this type of programs.



Tuesday, March 3, 2009

Affordable Affiliates

There is a new program, and anyone who really knows me knows that a new program has to have something very special about it to interest me.

This one has some very special things that make it extremely safe (this is the downfall of new programs) and totally passive. There are degrees of passive and this program is basically a set and forget program.

So, you ask, why is it so very safe. If you will recall I said that the biggest problems that we have to face are the incompetent or inexperienced admin and the risk of getting scammed. In this program we can basically discount both of these issues.

Admin is Chris Bell who is a very well known Ebay power seller with an exceptional record as both an honest and reliable seller and a producer of good profits. He is well acquainted with the items to buy and the prices to pay for them in order to make a good profit when selling.

Since he makes his living from Ebay, he cannot afford to operate a scam since he would be risking losing his right to sell on Ebay. No amount of money he could make from a scam would come close to the amount he would lose if he could no longer sell on Ebay. Ebay is very particular about the performance of their sellers and I personally know of a seller who lost their right to sell by being less than honest with several people.

So the program is as close to risk free as any of us is ever likely to find.

Chris has also proved his ability to make fabulous profits in the past and is likely to continue doing this as long as the economy does not totally crumble (and that nobody can foretell or guarantee against).

How does the program work?

Basically you sign up for an account and fund it with betwen $100 and $500 through either Paypal or Solid Trust Pay (username: aanetwork). Then when items are purchased the computer will select the next members to contribute $10 each toward the purchase of the item. When the item is sold, each member's profit from the program is allocated this way: 10% is paid out to the member's processor account once a month, 10% (plus the $10 seed money) is placed in the members's investment account (in other words this is automatic compounding so that the account is constantly growing), 5% goes to the member's sponsor and 5% goes to a charity of the member's choosing. The rest of the profits go to the program to cover costs.

If the item should not sell or is sold at a loss, the members' contribution toward the purchase of it is refunded to them.

The program is totally passive, with the payment to the member's processor account and the compounding being automatic. Basically, you could fund an account and come back in a year to see how much is in your investment account and it will not have missed you at all, although you will probably have noticed the monthly additions to your processor account.

If you cannot afford to fund your account, you can still get a free account and, if you are willing and able to promote, you can still make the 5% sponsor share of your referrals' profits. Basically you will be trading time and effort (promoting) for money.

As to how much you will make, this is totally dependent on luck and on the economic conditions. Since the computer assigns who gets a share of which item which is bought there is no way to know what purchase you will be funding. Obviously some items will sell at a much higher profit than others and it just becomes luck which determines how much you make. Some members will make 10x or 100x more than others--this month, but may not fare as well the next month. Chris estimates that the range in profits is from 10% to 10,000% per year but the mid range of profits is the most likely.

I like this program from the point of view of being extremely low risk and totally passive if you can fund your account. The funding limits are from $100 to $500. You can never put more than $500 into the program from outside although there is no limit at present to the amount you can grow your account from profits.

http://www.affordableaffiliates.com/v2/opportunity.php?ref=604