Hello,
There are a lot of so-called passive income programs cropping up all over the internet now days and it is easy to see that the majority of them are high-yield-investment-programs (HYIP) simply because there are no real tangible products that people buy who are not involved in the opportunity. The owners/admins know that it's only temporary and they probably won't make it past the first 3 months. The lucky HYIP's may last a year, and some even longer if they can get away with it and not get sanctioned by the SEC (security exchange commission). However, it's just a matter of time before they get shut down.
Still, a lot of desperate people join them. Even worse, they are referring and bringing in other people to invest in the scheme. This alone tells you they are not passive and must bring in new money to keep the scheme going. HYIP's are nothing more than ponzis, period. A lot of people lose a whole lot of money because of these. But the owners/Admins of these scam investment programs take home 5-6 and sometimes 7 figures in less than a year, and then disappear into the woodwork only to come back later with another "exciting new launch", and do it all over again. My best advice is to stay away from them. Their only objective is to get your money in their pocket!
So, what is a true passive income program?
JubiMax is the only one I know of, and even that is not really passive income because you do have to "some" work. At least 5 minutes or so every day to place one of the company approved ads on one of the free advertising websites listed in the JubiMax back office.
What is JubiMax?
JubiMax is the fast growing young company that EXPLODED on the scene in April with a revolutionary new kind of profit sharing compensation plan and has quickly become the #1 Work From Home Business In The World!
Why?
Because, you don't have to do any recruiting to earn good money with JubiMax! You don't ever have to sell anything, you can get paid every single day and the only work involved is to place that small classified ad!
There Is No Such Thing As a Free Lunch In Business!
You can make a lot more more money with JubiMax if you also purchase some inventory and then give away some free products. That's what I do. It does take some time, money & effort to do that, so it is not passive income, however it pays out Big Time!
The really, really good thing about JubiMax is that the company shares up to 50% of it's profits with all members every single day! JubiMax is the place where "Joe" and "Sue" average can finally make money (and lots of it!) without ever having to do any recruiting. AND even though there is no recruiting requirement to get paid, there are some big, BIG referral commissions along the way for those that do bring in new members.
You can watch this exciting 5 minute video to see how it works.
http://www.jubirev.com/hbndon
My JubiMax Forum.
I invite you to visit the forum I have set up here at AdlandPro for JubiMax. I have a thread set up in the forum for questions and comments. This is the link for the forum.
http://community.adlandpro.com/forums/forum/557934/The-1-Work-From-Home-Business-In-The-World.aspx
Don Evans
P. S. Whether or not you get involved in the business, you can still use our FREE Online Shopping Assistant and save money on EVERYTHING you buy at the same places you currently shop! JubiMax customers earn cash back rebates on over 300,000,000 products from over 5,000 leading merchants! These include WalMart
, Target, Macy's, PetSmart, JCPenny, Staples, Camping World, Old Navy, and many, many more!
You can click on this link to see how that works.
http://www.jubimax.com/jubirebates/hbndon