Archive for November, 2007
One month from the off…
Just one month ago GIBLink went live and since then they have been consolidating their business model and clarifying to their members just how the business works. As expected there was a rapid increase in membership (Advertisers in GIBLink speak) when things went live and as normal in a business like this the growth slowed as time went by as those sitting in the sidelines wait to see just what sort of money can be made.
There have been challenges in the period, perhaps the biggest being the payment method adopted. This took some time to integrate and there were concerns and grumbles along the way. As time has gone by however things have improved and things are more stable now.
The other main area that GIBLink was somewhat exposed was in the explanation of just how the Gibline revenue sharing programme would work. Many people on the forums tried to second guess how the pods move through the system and hence how people would be paid. As it turns out this was somewhat of a waste of time and energy as rather than being a mathematical conundrum the solution lies more in creating revenue through the various aspects that the company has to offer. To help Advertisers understand just how things work GIBLink are producing a document that will be available in back offices from today.
Also, Ron Snodgrass, the President of the company explains in a short video about the various ways to earn in the programme so they are certainly trying to inform people of just what to expect and how they can help themselves and others to earn.
The next stage is to open GIBLink to free members on the basis that this will provide wider exposure for existing Advertisers and hopefully encourage the non-paying members to join as fully paid up Advertisers.
Personally I am glad to see that the company provide good communications and that they are open and honest about how the programme works. With the latest information being provided I think there is a good chance that more and more people will understand how to achieve success.
Shortly some of the first members will reach the 3 month point where they have to pay their next set of fees, once this begins those who are waiting on the sidelines should see that this is a worthwhile opportunity that has long term potential.
Using Precious Metals as a Passive Income…
Towards the end of June I wrote a post about a programme that was introduced to me by one of our readers, Don Mills. The programme, Imperia Invest is still going well and Don has been busy unearthing another opportunity that he wanted me to learn about.
This one, Jvothi Futures is based in Dubai and focuses on trading precious metals at the Dubai Gold & Commodities Exchange. The return varies between 7 and 9% per week and your money is tied up for 150 days. So, if you were to invest $1,000 then after the 150 days you would receive returns between $1,500 and $1,930 if you choose not to compound. This way you could make withdrawals on a weekly basis. If you select the compounding option then the potential returns increase to between $3,200 and $5,300.
They use Egold as a way to invest if you choose not to compound and provide a list of exchangers that you can work with. However, if you choose the compounding option then there are several other payment methods including e-bullion currency and gold, pecunix, c-gold and v-money. They are looking at introducing bank wires, western union, moneygram and paypal in the future.
Minimum deposit is $50 with the maximum being $10,000,000 (probably covers most of us I think!).
There is a lot of information on the site and one page that I found of interest is the one that deals with the Trading System. As I’ve said in many previous posts I’m a big fan of precious metals and if you do not feel comfortable in purchasing the metal yourself Jvothi Futures is a good way take advantage of the value that can be realised in this form of investment.
Finally, if you haven’t yet tried Don’s first recommendation, Imperia Invest then now is a good time as it offers great value for a very affordable $50 investment.
Iron Condors advisory service…
As someone who is interested in advisory trading services I was pleased to come across Condor Options a few days ago. This is a site where you can learn about trading what are known as an Iron Condor. Now I’m certainly no expert in this type of thing so I’ll take a direct quote from the site “An iron condor is a type of options spread trade that involves simultaneously buying and selling multiple contracts in order to capture a particular segment of future market movement.”
So that’s alright then! Actually as Condor Options is an advisory service you don’t have to worry too much about how it all works as you will be trading according to their advice. When I checked the site information there was definitely a sense of working with the client to make sure that they are comfortable with how things work, what an Iron Condor is and the type of risk that you as a client would be willing to bear.
The aim is to make a return of 10% per month, the great thing being that you need only a small amount of time to achieve this, no watching trading screens or anything like that. In fact Condor Options also offer a free auto trading service so you can have virtually no involvement at all.
As with most advisory services there is a cost attached and like others you can save money by subscribing for longer periods. So, a 1 month subscription would set you back $139, 6 months $749 and a full year $1339. They also offer a satisfaction guarantee where if you subscribe for 1 month and are not fully satisfied within that time they will refund your $139.
One thing to be aware of is that you will need a reasonable bank to start with as you have to take account of dealing fees etc. However, if you are looking for a passive income with potential for good returns then Condor Options is certainly worth a look. They are restricting the number of new memberships to 50 at the moment so you should take a look sooner rather than later.
Online Poker Winnings where you can’t flop…
The growth of online poker has been something of a phenomenon over the last few years. In fact it has brought poker into the main stream with high value tournaments being aired on many TV channels and the players featured as up and coming stars.
If you’ve ever wanted to jump on the bandwagon yourself there are many resources out there that will claim to teach you all you need to know in a short amount of time. A while back I visited one of the online poker rooms and decided that it wasn’t really for me as even the relatively low value tables moved pretty quickly. So, even though I wasn’t tempted I did see on the television a few days back a tournament being broadcast where one of the players from Brighton had qualified purely through playing online , so it can be done.
For me however, there is a better way to profit from online poker and that’s with Investment96. This is an opportunity that you can join where you share in the profits from online poker. The owner of the site, Richard O’Neill, provides a lot of information about how everything works and what happens if you decide to invest.
I especially appreciated the post where he explained his strategy for achieving the returns and also what the limitations might be in the future. Another good thing is that he publishes his results daily and updates your running total so it is easy to keep an eye on how things are progressing. As he explains Investment96 is designed to help you reduce the risk of loss but at the same time earn a good rate of return by compounding. Richard also advises people to recoup their initial investment as quickly as possible as then you are earning completely risk free.
When I first made a deposit they were having some problems with their hosting service and my money wasn’t shown in the daily accounts. Shooting off an email to Richard resulted in a quick response and the error being corrected quickly.
Investment96 is providing good returns on a regular basis but as with all the online investments featured in my blog you should always do some personal due diligence before parting with any cash. You could always visit the site on a regular basis to see what returns are being reported before committing any money. This way you will know how things work and what to expect. The minimum deposit is $20 and the maximum $200,000 so there’s scope for all to take part. Deposits are accepted via Bank Wire, Western Union, e-bullion, Web Money and e-gold.
