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Hosting, domain,
and residual income. Good income opportunity for individuals with
lots of energy and enthusiasm. Minimal technical skills required.
Good perceived value within target market. Read
full honest review here.
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Rating: 
Level of
Review: Researched.
Overview:
Business package promising to teach you how to earn
huge incomes from stock market schemes - usually
promise some "secret" method.
Product:
Their product is the book or materials. Your
product is investments.
Cost: $29.95
and up (and we do mean UUUUP!).
Compensation:
Profit on stock trades.
Conclusion:
I am not a gambler. There is a difference
between gambling and taking a researched,
calculated risk. I bought and sold laptops, using
eBay as a primary source for a few years. I did
quite well with it, so my philosophy is not born of
cowardice - eBay is VERY risky if you don't
know what you are doing.
Gambling means you
lose 99% of the time. Stock trading for a novice is
gambling, pure and simple. Sure if you want to
start with a few small trades to learn how, and
gain experience and knowledge, and if you are
willing to, and capable of, reading to learn how,
and of learning from your mistakes, then you can
eventually make money doing this. It takes a
LONG time, and it takes money that you can
afford to risk. Remember, with the stock market,
every time someone makes money, someone else loses.
It is a complex business to learn, and not one to
dive into without some money to lose, and a good
head for math, and a clear understanding of the
influences that affect market values. And even the
pros still lose money when unexpected things happen
(and they happen a lot).
Anyone selling you
a book on how to do this, promising you big returns
is scamming you. They are not making their money
trading, they are making it selling books to
gullible or innocent people. If they could make
money on the stock market, they would be doing that
instead of trying to sell you a book.
Now, legitimate
books on the subject do exist. But you find them in
a bookstore, not being hawked online or through
emails. I suggest you get a For Dummies book on the
subject (search Amazon using the link at the
right), and you will get reliable information from
a company with a reputation for good
instruction.
No legitimate
instructions on this are going to promise you fast
or easy money. They won't hide the fact that you
must have significant investment money to start,
and they will help you understand what fees you
have to take into account (scams almost never
mention trading fees, and if they do, they minimize
them). It is HARD to make money with
ANY kind of investment if you don't have a
LOT of money to play around with. You make
pennies on the dollar, when things are GOOD. When
things are bad, you lose DOLLARS, not cents. Anyone
promising you low or no risk is also scamming
you.
A helpful book on
the system will cover a listing of things they will
teach you in the book. They won't promise to reveal
"secrets" or tell you that there is a simple
"system" to use. There isn't. It is complex, and
takes time to learn, and there is no alternative or
shortcut that is going to make you more successful
than a professional who has been doing it for
years. Even the pros lose big sometimes because the
stock market is unpredictable. Many factors can be
charted and estimated, but sometimes things happen
that are not foreseen - 911 had a HUGE affect on
many different types of businesses, and nobody in
the market saw it coming (some businesses boomed,
some busted, and it all affected the stock
market).
Use good sense, and
you won't get scammed by someone who tries to
persuade you to abandon logic and facts in order to
pad their pockets.
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