Arbitrage wagering on sports events continues to be the big winner, bringing regular, risk-free passive income. Adding your funds to a recognised wagering pool is the only way to make this truly passive. Doing it yourself is not only time-consuming, but requires a greater commitment of funds than the minimum required to pool.
My best performer is still GoldNuggetInvest, now contributing $300 weekly to my income. It is one of a handful of quality programs that allow weekly withdrawals of profits earned. This program has helped me greatly, leading up to Christmas. I will continue compounding in the New Year.
If you are considering this one, I would get involved soon. The team at GNI are fast approaching the level of funding they feel is the maximum they are comfortable trading. When that happens, the program may well be closed to new members,and I have been advised that compounding will no longer be an option. That is expected to happen within 3 months, so my recommendation is jump in now, if you have $500+. Anything less and you won't have time to compound to a worthwhile amount. There are other quality programs not in the same situation for those of you with a smaller budget. SportArbs Intl. is one of them.
SportArbs is also doing well for me, but on a smaller scale. Averaging 40% every 6 weeks, so my small initial capital is increasing nicely. Be sure to set your deposit to 100% compounding for maximum benefit. Less than 80% compounding and you will not return a profit, as this company does not return your principal.
Genius Funds is another totally passive program that continues to perform, week after week. Averaging 6.2% weekly here, and my fund is fast approaching the next level ($500) which earns slightly more per week. Your principal is committed for a bit longer here, but the results are well worth it, especially if you don't need profits weekly. That is an option, but regular compounding makes a huge difference . Nice to know you have the option to take some funds when you need to.
I have another promising program I am trialling now. More on that one in my next update. Meanwhile, have a fantastic Christmas, and a very prosperous New Year!
Sunday, December 20, 2009
Friday, September 25, 2009
Result from SportArbs Intl
My test spend at SportArbs matured on Sept 23. On checking my transactions, I noticed I was paid on 43 days, not 42. Not going to complain! Nett return was 45.8%.
Once my earnings were credited to my account, I had the opportunity to test the withdraw function. Disappointing to find a 1% fee is charged on withdrawals, minimum fee $3.00. On that basis, I would not recommend investing less than $100, unless you are happy to roll over for another 6 weeks.
After this 6 week trial, I now consider this program a safe, conservative investment vehicle, but still not in the league of GoldNuggetInvest.
Speaking of GNI, I successfully requested my 1st bank wire withdrawal this week. Will update here as soon as it hits my Aussie bank account.
Genius Funds continues to perform flawlessly, with automatic weekly compounding. Funds are tied up for a bit longer here, but the results are impressive! Click that blue banner on the left for details.
Once my earnings were credited to my account, I had the opportunity to test the withdraw function. Disappointing to find a 1% fee is charged on withdrawals, minimum fee $3.00. On that basis, I would not recommend investing less than $100, unless you are happy to roll over for another 6 weeks.
After this 6 week trial, I now consider this program a safe, conservative investment vehicle, but still not in the league of GoldNuggetInvest.
Speaking of GNI, I successfully requested my 1st bank wire withdrawal this week. Will update here as soon as it hits my Aussie bank account.
Genius Funds continues to perform flawlessly, with automatic weekly compounding. Funds are tied up for a bit longer here, but the results are impressive! Click that blue banner on the left for details.
Monday, August 10, 2009
Another Arbitrage Wagering Pool
I have been evaluating this program for about a month now, and have decided to take the plunge with a test spend of $50.
Although I am convinced that the business model is sound, there are a few peculiarities about this program that intrigue me. These are things that you, as a potential investor, need to be made aware of.
Firstly, deposits here are only current for 6 weeks (42 days). Principal is not returned at the maturity date. For this reason, it is essential to understand compounding interest.
With a projected average daily earning of 2.1% (7 days/week) you will be sorely disappointed if you fail to select a high compounding rate. 100% is recommended.
Without compounding your return would be just $88.20 from a $100 investment! Remember, your principal is not returned. Why SportArbs allows this option is beyond me.
So, set compounding at 100% and the results are quite reasonable. According to their calculator on site, which works on the last 42 days actual return, $100 would gross a return of $137.64. Subtract your principal and you have a net profit of 37%+ in six weeks, which is certainly better than my bank!
This is a similar return to what GNI offers, and I feel is an option worth considering to diversify your protfolio. Feel free to open a no-obligation account, and perhaps make a deposit when you are familiar with the system.
SportArbs International Corp.
Update on SportArbs- Aug 18.
Some major web upgrades were implemented this week, mostly related to increased member security. This sort of thing helps boost my confidence in the legitimacy of the program.
Also changes to the referral system, which is now simply one level, a change from the previous 3. Another good move! A new plan is also being introduced, where investors can lodge funds for 210 days, an addition to the current 42 day plan. A higher percentage is offered, depending on the amount invested. Definitely worth a second look.
Although I am convinced that the business model is sound, there are a few peculiarities about this program that intrigue me. These are things that you, as a potential investor, need to be made aware of.
Firstly, deposits here are only current for 6 weeks (42 days). Principal is not returned at the maturity date. For this reason, it is essential to understand compounding interest.
With a projected average daily earning of 2.1% (7 days/week) you will be sorely disappointed if you fail to select a high compounding rate. 100% is recommended.
Without compounding your return would be just $88.20 from a $100 investment! Remember, your principal is not returned. Why SportArbs allows this option is beyond me.
So, set compounding at 100% and the results are quite reasonable. According to their calculator on site, which works on the last 42 days actual return, $100 would gross a return of $137.64. Subtract your principal and you have a net profit of 37%+ in six weeks, which is certainly better than my bank!
This is a similar return to what GNI offers, and I feel is an option worth considering to diversify your protfolio. Feel free to open a no-obligation account, and perhaps make a deposit when you are familiar with the system.
SportArbs International Corp.
Update on SportArbs- Aug 18.
Some major web upgrades were implemented this week, mostly related to increased member security. This sort of thing helps boost my confidence in the legitimacy of the program.
Also changes to the referral system, which is now simply one level, a change from the previous 3. Another good move! A new plan is also being introduced, where investors can lodge funds for 210 days, an addition to the current 42 day plan. A higher percentage is offered, depending on the amount invested. Definitely worth a second look.
Friday, July 3, 2009
The Power of Compounding Interest
Compounding interest is a powerful earner, and that's why the banks use it all the time, especially on home mortgages. I know here in Australia banks calculate interest on the daily balance of a mortgage, and the total for the month is added to your account each month. That is why a fortnightly or even weekly payment can make a huge difference to the time it takes to pay off your loan.
Now, what if the shoe was on the other foot, and you were in a position to earn compounding interest? With GNI you can! Not daily, but definitely weekly, and believe me, it makes a huge difference to your investment.
Let me give you an example, using my GNI account deposit. These figures updated 20/07/09.
My initial deposit was $1434.00, eight weeks ago.
After 7 days I received $86.04 interest, or 6%
Had I not chosen to compound, that would be the same amount every week, earning me a total of $602.28 over the last 7 weeks. Not too shabby!
I did choose to compound, and have done so each week, as soon as the interest payment shows in my account. Today (I love Fridays!) my interest payment was $122.09, an increase of $36.05 over my first weekly payment of $86.04.
By continuing to compound each week, I will double my investment in just 13 weeks, at which time I will most likely withdraw a nice little bonus with which I can diversify my holdings.
Do hope you choose to join me on this exciting ride. Start with just $50 at GNI.
To find out what your deposit will be worth in 12 months, use this handy compound interest calculator. Remember, the yearly interest is 312%, compounding 52 times, to give 6% per week. You will be amazed at the results achieved by compounding weekly.
Now, what if the shoe was on the other foot, and you were in a position to earn compounding interest? With GNI you can! Not daily, but definitely weekly, and believe me, it makes a huge difference to your investment.
Let me give you an example, using my GNI account deposit. These figures updated 20/07/09.
My initial deposit was $1434.00, eight weeks ago.
After 7 days I received $86.04 interest, or 6%
Had I not chosen to compound, that would be the same amount every week, earning me a total of $602.28 over the last 7 weeks. Not too shabby!
I did choose to compound, and have done so each week, as soon as the interest payment shows in my account. Today (I love Fridays!) my interest payment was $122.09, an increase of $36.05 over my first weekly payment of $86.04.
By continuing to compound each week, I will double my investment in just 13 weeks, at which time I will most likely withdraw a nice little bonus with which I can diversify my holdings.
Do hope you choose to join me on this exciting ride. Start with just $50 at GNI.
To find out what your deposit will be worth in 12 months, use this handy compound interest calculator. Remember, the yearly interest is 312%, compounding 52 times, to give 6% per week. You will be amazed at the results achieved by compounding weekly.
Tuesday, June 30, 2009
A Great Resource for Qualified Visitors
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Thursday, June 25, 2009
Current Program One
The first program I wish to evaluate is GoldNuggetInvest.
This is the only program I have committed what I consider serious funds to. By that I mean over $1000us. I have probably spent way more than that over the years as my path to wisdom slowly progressed! More on those programs in another post.
I will expand on the 8 qualifying points I mentioned in my previous post, as I reveal to you why I have spent funds to this one.
1) Is the business model viable.
GoldNuggetInvest uses member funds to finance their arbitrage wagering activities. I won't elaborate on how that works here, as full details are available on their website. Suffice to say, arbitrage wagering brings a guaranteed profit from every transaction. It is a legit activity, and although profits are derived from betting, arbitrage is certianly not gambling! Confused? Their website explains it all.
2) Are the returns realistic, considering the business model used.
The team at GoldNuggetInvest complete 250-300 arbitrage wagers weekly. On average 2-5% is realised on each one. A 6% weekly return to members is therefore quite achieveable.
3) Is it sustainable long-term.
While ever there are bookmakers taking bets on sports events and such, arbitrage opportunities will abound. Can't see that ending anytime soon.
4) Is the company itself legitimate.
I did a little research on this one, rather than simply relying on information from the website. A domain whois lookup confirms their online status. The fact that they recently made bank wire a deposit option further reinforces their credibilty. Not an iron-clad guarantee, I know. But I would not have sent the funds I did via an online payment processor. At least I can track where my funds ended up, should something go wrong here.
5) What is the risk-reward ratio.
To me, this simply means how long are my funds committed before I can recoup my investment, thus making the program "zero-risk".
To fully recover capital via interest earned takes just 17 weeks, without compounding.
Should you deposit sufficient funds so that your weekly interest is $50 or more, you can redeposit it into the program, thus compounding your returns. Capital would be earned back in approximately 14 weeks using this strategy.
Notwithstanding the above, your capital can be withdrawn after just 30 days participation. Interest payments are available for withdrawal weekly, subject to minimums, which varies according to deposit method used. For bank wire, min withdrawal is $100us.
6) Is it truly passive, or is some participation required.
No action is required of members apart from monitoring your account and deciding what to do with your weekly interest payment. Referring new members is optional, and a small commission is awarded when a referred member makes a deposit.
7) Are deposited funds safe.
This is a difficult one to ascertain for any online program. So far, so good! I will comment more after effecting a successful withdrawal.
8) What is the procedure for participation (deposit/withdraw options).
The company accepts funds from a variety of online payment processors, including Liberty Reserve, SolidTrustPay and StrictPay. As mentioned earlier, bank wire is also now an option. Whichever method used for deposits, must also be used for withdrawals. They do not operate as a currency exchanger between payment processors.
In summary, this program satisfies all my requirements for a truly passive income. My bank currently offers 4%pa. 6% weekly is a much better alternative!
Please visit the website to get a full understanding of how arbitrage wagering produces these results, and how you can benefit from this exciting activity.
GoldNuggetInvest
This is the only program I have committed what I consider serious funds to. By that I mean over $1000us. I have probably spent way more than that over the years as my path to wisdom slowly progressed! More on those programs in another post.
I will expand on the 8 qualifying points I mentioned in my previous post, as I reveal to you why I have spent funds to this one.
1) Is the business model viable.
GoldNuggetInvest uses member funds to finance their arbitrage wagering activities. I won't elaborate on how that works here, as full details are available on their website. Suffice to say, arbitrage wagering brings a guaranteed profit from every transaction. It is a legit activity, and although profits are derived from betting, arbitrage is certianly not gambling! Confused? Their website explains it all.
2) Are the returns realistic, considering the business model used.
The team at GoldNuggetInvest complete 250-300 arbitrage wagers weekly. On average 2-5% is realised on each one. A 6% weekly return to members is therefore quite achieveable.
3) Is it sustainable long-term.
While ever there are bookmakers taking bets on sports events and such, arbitrage opportunities will abound. Can't see that ending anytime soon.
4) Is the company itself legitimate.
I did a little research on this one, rather than simply relying on information from the website. A domain whois lookup confirms their online status. The fact that they recently made bank wire a deposit option further reinforces their credibilty. Not an iron-clad guarantee, I know. But I would not have sent the funds I did via an online payment processor. At least I can track where my funds ended up, should something go wrong here.
5) What is the risk-reward ratio.
To me, this simply means how long are my funds committed before I can recoup my investment, thus making the program "zero-risk".
To fully recover capital via interest earned takes just 17 weeks, without compounding.
Should you deposit sufficient funds so that your weekly interest is $50 or more, you can redeposit it into the program, thus compounding your returns. Capital would be earned back in approximately 14 weeks using this strategy.
Notwithstanding the above, your capital can be withdrawn after just 30 days participation. Interest payments are available for withdrawal weekly, subject to minimums, which varies according to deposit method used. For bank wire, min withdrawal is $100us.
6) Is it truly passive, or is some participation required.
No action is required of members apart from monitoring your account and deciding what to do with your weekly interest payment. Referring new members is optional, and a small commission is awarded when a referred member makes a deposit.
7) Are deposited funds safe.
This is a difficult one to ascertain for any online program. So far, so good! I will comment more after effecting a successful withdrawal.
8) What is the procedure for participation (deposit/withdraw options).
The company accepts funds from a variety of online payment processors, including Liberty Reserve, SolidTrustPay and StrictPay. As mentioned earlier, bank wire is also now an option. Whichever method used for deposits, must also be used for withdrawals. They do not operate as a currency exchanger between payment processors.
In summary, this program satisfies all my requirements for a truly passive income. My bank currently offers 4%pa. 6% weekly is a much better alternative!
Please visit the website to get a full understanding of how arbitrage wagering produces these results, and how you can benefit from this exciting activity.
GoldNuggetInvest
What qualifies as a passive program?
As mentioned in my first post, a classic example of a passive income generator is your local bank. We all know what they do with our deposited funds to generate an income.
The business model is sound, so we have little hesitation in depositing our hard-earned money with them. But what about online programs? These are a few things to consider when evaluating any online passive income program.
1) Is the business model viable.
2) Are the returns realistic, considering the business model used.
3) Is it sustainable long-term.
4) Is the company itself legitimate.
5) What is the risk-reward ratio.
6) Is it truly passive, or is some participation required.
7) Are deposited funds safe.
8) What is the procedure for participation (deposit/withdraw options).
I will discuss these 8 major points in relation to each program I am involved in, so you will know exactly how I came to make that major decision to deposit my funds.
Stay tuned!
The business model is sound, so we have little hesitation in depositing our hard-earned money with them. But what about online programs? These are a few things to consider when evaluating any online passive income program.
1) Is the business model viable.
2) Are the returns realistic, considering the business model used.
3) Is it sustainable long-term.
4) Is the company itself legitimate.
5) What is the risk-reward ratio.
6) Is it truly passive, or is some participation required.
7) Are deposited funds safe.
8) What is the procedure for participation (deposit/withdraw options).
I will discuss these 8 major points in relation to each program I am involved in, so you will know exactly how I came to make that major decision to deposit my funds.
Stay tuned!
The Lazy Marketer
Basically, I am a bit lazy when it comes to marketing online.......or is it just that I get totally overwhelmed by the myriad of options available to market with. Either way, I have now turned my attention to what I call passive income programs.
A truly passive program is one that requires no input from me in the running of the business to generate an income. A typical example would be your local bank. You simply make a deposit, and collect your reward of a small amount of interest (taxable!) minus fees, at the end of the deposit period.
There are many programs online that operate the same basic principle, but offer a far greater return than any bank will ever offer. Those programs are the focus of my research at this time, and any that I am participating in are listed under "current programs" on this blog. I will post regular updates detailing my progress in each one, especially concerning successful withdrawals!
Feel free to subscribe to my blog so as not to miss any exciting updates.
A truly passive program is one that requires no input from me in the running of the business to generate an income. A typical example would be your local bank. You simply make a deposit, and collect your reward of a small amount of interest (taxable!) minus fees, at the end of the deposit period.
There are many programs online that operate the same basic principle, but offer a far greater return than any bank will ever offer. Those programs are the focus of my research at this time, and any that I am participating in are listed under "current programs" on this blog. I will post regular updates detailing my progress in each one, especially concerning successful withdrawals!
Feel free to subscribe to my blog so as not to miss any exciting updates.
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