|
Hello dear friends,
If that headline got your attention, please watch out!
Paid autosurf and investment programs are still very popular, right now, and people are joining them in droves. They promise to pay 1% and up, daily to yearly, on the money you put in. I'm sure you're familiar with them!
I've heavily researched this kind of program, including joining several at varying levels of "return" and am quite convinced that most of these programs are no more than PONZI schemes that are only able to pay their members as long as their paid membership keeps growing.
I am positive that anyone paying over 2% (and even quite a few paying that much) are scams and will soon disappear. Even 2%, if it's paid daily, is a HUGE return and VERY unlikely to be legitimate. (2% X 30 days=60%!) Also, look at the fine print. If the "company" keeps the principal, then your original investment (say $100) minus the "interest" (60% of $100=$60) means that you LOSE $40.
Furthermore, as happened with similar sites in the past, the competition even among the ones that may be legitimate and that may last will likely eventually kill off the rest, unless a few have wizards at the helm that are able to generate enough ad dollars to keep them going.
Be careful!!
Some of these sites DO pay and run very well. (That still doesn't make them legitimate.) What I have found, though, is that 2% seems to be the line and anything over this becomes increasingly risky. I've joined quite a few to test them and have started small with all of them. So far, every one has turned out to be a ponzi, or has gone broke, or is in some kind of trouble, or has simply disappeared!
When you go to join any program, ask the person who introduced you to it if they have been paid! Note that this is just a starting point! The fact that they pay DOES NOT mean they're legitimate. If it offers higher than 2%, be afraid.... be VERY afraid!! :)
Even if your friend has been paid, again, if it offers higher than 2%, be afraid.... be VERY afraid!! :) One of the reasons PONZIs work is because the excitement of people getting paid causes them to grow rapidly at first generating a lot of fresh cash and therefore the early ability to pay their members.
Please don't even ask me to join any of these programs. I've done a lot of research on them, and my earliest predicitions have been proven. At best, they are a great way to waste time and lose money, and at the other end of the spectrum, you may be involving yourself in a criminal activity.
God bless,
Dave
|