As many of us know, there is many a ponzi on the net, make money, online and offline schemes, easy money schemes etc.  If you do not know what that is, do a search on Carlo Ponzi.  This is based upon Carlo Ponzi’s name yet he is not the originator of it.  Of course there are many variations on these schemes but most require new money to flow in to keep them going.  Many will tell you that they have “outside” ways to earn money and help the cause.  Mostly that is untrue.  All these things go back a long time in human history.

There may be some that have outside income however some will take surplus funds and put them into other ponzis or more highly likely they put this into their own pockets.   Some of the programs like this are the surf programs, hyips etc.   Hyips are so called high yield investment programs, high risk high reward but do not confuse them with regular investments such as with a bank or an investment company.

Some can go on for a long time and some fizzle rather quickly so you may make a buck or two or not.  When outflow starts to exceed inflow then the game ends rather quickly and the guy running the ponzi has left the building. Frequently many excuses are made as to what has happened.

Follow a few rules and you may come out ahead.  Also know that many will lose along the way. Do you really want to be involved with these schemes?  If you cannot afford to lose or you cannot sleep knowing this may happen, do not play these games.

I have been successful with them as long as I follow my own rules. Of course I never “recommend” these things but if you decide to play, please do your own due diligence and do not rely strictly on what others tell you.  Monitor them for awhile and see how they do.  Many “forget” to report when these games end.  Of course many have sucked up a significant amount in referral fees and those sometimes generate more income than they garner from the ponzis themselves.

Your prime objective should be to recover your seed funds as soon as possible and then play with the “profits” taking a certain percentage back each payday.  You will make a bit less doing this but you preserve your funds that way.  There is always another train leaving the station, i.e. ponzi coming along.

Making money and greed seems to go together so do not get too greedy. Be vigilant and get to know folks who suggest these things.  If they guarantee anything that is usually too good to be true.  And nothing lasts forever.  If you come in too late your chances of winning are greatly diminished and you are likely throwing your money away.

Ironically the biggest scam of this ilk was the Madoff ponzi scam to the tune of 50 Billion dollars. And the SEC had been made known about it for years and had done nothing about it.  They seem to go after others with more zeal. Of course, he was once chairman of the board of the NASDAQ exchange so did that have something to do with it?

Here is something I wrote awhile ago called Ponzi Guy.

Ponzi guy
Ponzi guy
Sweet as Pie
He’s not so shy
Ever so Sweet as Honey
When he is collecting your Money

For the rest of this ditty go to Ponzi Guy.

Ok, off my pozi high horse for today.  I hope everyone enjoyed Father’s Day today.

Cheers,

Gene

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Lydia appeared to be confused about the conspiracy theory postulated on this blog.  Well do not worry your pretty head about that, Lydia.  It is a moot point now anyway.  Just having a little fun here.  Nothing serious at all.

I could have more stored in the peashooter that is sometimes called the mind.  She and js are in the same dream it appears.  So nothing to worry about. This dream goes along.  I am not too concerned about that.  The head is the head the heart is the heart.  I hope the Easter bunny was good to you all. Also make sure you order that Chinese food without msg.  Better yet, make it fresh yourself.

I posted some information before about My Music Team and the pending launch.  Now it appears to have been delayed from 2 to 72 hours. They have no when it will happen and we are told to be at out computers.  Give me a break!

Before that they were going to load leaders under leaders and and allow the minions of others to join.  That was quashed.  I had written to my pending up-line shortly before getting advised about that being quashed and expressing my concern about the way it was going to be handled and about my not feeling good about the whole situation. Psychically I was tuned in to this vibe as shortly thereafter the announcement came.  This past weekend the site that was set up for the members or leaders at Ning, a social network of sorts, has been taken down for now.

In any case a series of events and happenings has further dampened my enthusiasm for MMT.   I rarely mention anything that I am not prepared to join myself that will not benefit me and anyone I know.  I am not interested in getting signups and referral fees for the sake of those alone.  Not one iota.

So without further ado (adieu) I am going to say that I will not be joining MMT at the launch and while it may be immensely successful for the participants or serious marketers, I will just let it pass and let it go.  As they say, there will be another train leaving the station shortly.  Good luck to those who are going to that party.

For now I will stick with Affordable Affiliates , which has some work to do then our balances can be built up to a max of $500 and hopefully over time provide perpetual income.

I also like SQIP which is about to open the portal to the new web site so everyone can see what they really have here.

Me2Everyone also is working on their site.

So jump in if you wish and have not already joined,  all of the above are free to join and the latter two are still giving away free shares.  SQIP has an increased valuation of .38 Euros now.

Another venture I got paid from some time ago is Acme People Search.  Here is the Acme Proof Board for recent payments. Yes, they do pay, I can confirm that also.  For more ventures see the links at the top of the blog.

Wishing you much good fortune, today and everyday.  The sun has poked out today and it is looking good out there.

Cheers,

genes easy ways

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AS many of us know, success on the Internet can be be difficult to achieve and it takes lots of effort, sometimes some good luck, which we create as we go along.  Also the market place is ever changing so what works today may not work tomorrow.

It certainly is interesting. I rarely, if ever present anything that I would not place my funds at risk in. I just do not believe in doing that, so I have a vested interest in it and I do not depend upon referrals in any program.  If I get some, that is just a bonus for me.  I wish for everyone to succeed.

With that in mind, I joined something today called Affordable Affiliates and it is a way to buy and sell, or participate in EBay transactions in a passive fashion. You can create income with Affordable Affiliates, making money with EBay, buying and selling.  As the saying goes, buy low, sell high.  Not the other way around!

So this is a sweet, delicious way to make a play on EBay, so what do you say, sign up for free and have a serious and fun look at it.

I received a report today and will copy most of it below.

Would You Commit Just $100 for an Endless Stream of Income?

The program only allows a maximum of $500.00 and a minimum of $100.00investment in TOTAL (You will see how this works when you check outthe site). A portion of your profits are given to the charity of yourchoice, which is VERY cool.

The only Payment Processor at the moment is PayPal (which usually would be bad, but in this case it is not). They are looking to add more ways to process payments in the future.
This is a really unusual program. Totally different from
anything I have ever seen on the internet.
The program only allows a maximum $500 investment and part of the profits are given to the charity of your choice. This is not mlm.

What they do is buy low and sell high and only $10 of anyone investors funds are involved in any purchase. The range of investment is from $100 to $500, which means that the funds would be used as part of 10 to 50 purchases. When theitem is sold then the profits are shared out.

Profits are shared out: 10% is paid to the investor at the end of the month, 10% plus the seed money are placed back into the account, 5% is paid to the sponsor and 5% to the charityof the investor’s choice.
In effect this provides both automatic payment and automatic compounding monthly.

There is an added measure of safety provided by guaranteeing against loss. If an item does not sell or sells at a loss the original investment in the item is returned to the investor’s account sothere is no possibility of loss.
What are the potential profits?

on any item the profits can be anything from very small to huge. The largest profit was on a set of books purchased for $3000 and which were sold for $494,000. The profits were split between the participants. Cha-Ching!

The program is run by a very experienced eBay seller, Chris Bell, who has a great deal of experience at identifying items which can be sold for significantly more than they can be purchased for.

Affordable Affiliates

This is totally passive since there in no need to do anything at all once the account is funded. You earn whether you refer or not, although you do earn more if you refer.

This is the perfect investment for those who want a totally hands off program but at the same time with the potential for large profits which increase monthly. It also does not require a large investment.
Affordable Affiliates.

I have been investigating this for a little while and it does seem to be what it says it is and is worth a small investment since you cannot invest a lot in this anyway.

You can join for FREE and look around the site before placing funds in the program.

This has the makings of a very fine program.  Get your feet wet with the minimum, or more if you feel comfortable with doing that.  Have some fun and play.

cheers,

genes easy ways

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