First, any money used for investment purposes on the internet is risky. You might think American banks are safe, but they are having problems and keep changing interest rates to the downside for investors. I won't get tinto economics here, I'd like to keep this light and simple.
You've seen 'em, HYIPs and AutoSurfs paying high interests. Bottom line, the higher the interest, the greater the risk for long term survival. The key is recognizing the straight outr scams and avoiding them all together. Then it comes down to timing, when to enter and exit. I will have follow up posts to help.
Back to my main point, success. Think about famous rich people. Donald Trump. Bill Gates. Norman Rockwell, etc. Did they become rich by investing in ponzis? No. It was hard gritty work selling or marketing or the lucky ones getting an inheritence. And even those had to manage it well or lose it all.
If you want to make money, you have to sell something. Be it a product, service or information, you sell it, you receive money. Been this way since day one. The statistics say only 3% of online "businesses" are successful. BAH! Stats can be skewed and altered all sorts of ways.
Which brings me to another big point about the net. Trust nothing you see on the net unless you have met them personally or know about them through a trusted friend. It's the net, people. Full of lies and deceit. Is it all bad? Of course not. Some, like me, have an earnest desire to help people. You just have to learn what is good, bad and borderline. a hard task to be sure. But the better you get at it, the lower any risk you take becomes.
Everything I have said above is very profound. I could write books on these things, which someday I might do. But for now, I run my businesses and "invest" online. I'm going to be adding banners for programs I consider low risk. There is always some risk, so NEVER EVER use money in these programs that you can't afford to lose. In other words, as desperate as you might seem at tiomes, don't use the rent money or borrow from friends.
Today was busy as usual. I signed up to market a product that I know will be popular. It is set up as a home based business. What is it you ask? Flip Flops! What sells best globally? Electronics and apparel, of course. They are called Iggly Biggly's, a very catchy name. what makes them unique is they are sold along with a beach carry bag. Where I live, it is sunny year round, so they are popular here. The cost to become a wholesaler is only $20. Click on Iggly Biggly if you wish to learn more about it. My nickname is JerBear, I use that as a referral name.
OK, enough for now, these posts are way too long ... hehe. I'll try to be more concise. You can always ask me questions.
Jerry Jon Walbert
Friday, September 18, 2009
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