SportArbs debit card coming?

After yet another agonising 3 months wait since I paid the card delivery fee as advised by SA, we have finally had contact from them again. Several members have reported receiving the below email: Hello, We are happy to inform you that on 20 December we started distributing SportArbs debit cards. We plan to send out all cards till 1 March, 2013. The envelope with your card will also contain an instruction on its activation and access to the new panel of your investment management. Best regards, http://SportArbs.com Maybe 2013 will be our year! Commiserations to those members who didn't consider the risk worthwhile, and failed to pay the delivery fee on time. Admittedly, the money is not in my bank yet, but at least there is good news for a change. Not too late to take advantage of this business, despite all the setbacks for us long-term members. The program is open to new membership, and I have it on good authority that they are paying new members. Deposits via Liberty Reserve only. Take a look here: SportArbs Happy Investing, Phil(aussiegold)

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.

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 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.