Wednesday, February 02, 2011

Membership Riches

Membership Riches is a powerful course which really delivers on its promise! I am skeptical of anything offered for free on the internet. Most the time the free offer is just a way to get you to sign up so that the marketer can get more participants on his mailing list! But I must say that the Membership Riches free fourteen day course is a must have for anyone who wants to make money online selling the most sought product on the internet today. And that product which I speak of is information!

Many online marketers offer free stuff to entice people into signing up for the offer, and in return get added to the mailing list of the marketer. You'll see courses, software and all other kind of ploys in attempt to get list members to email to. I was pleasantly surprised with Membership Riches though! I found the 14 day course very informative. This course would be great for the internet pro and the beginner alike!

Membership Riches is all about the most profitable sources of wealth that can be found on the internet today! And that source of wealth is to create your own a membership site. You see, when you own a membership site you charge a monthly fee for a service and/or monthly software upgrades. This source of income is what's called "residual income"! Residual income is the strongest form of compensation that's available.

And when it comes to guiding you step by step and day by day, nobody does it better than Jason James in Membership Riches! Within this free fourteen day course you'll learn and discover the tricks to creating and operating a very successful membership site.

Here is just one of the techniques that you will learn when you enroll for the Membership Riches 14 day course:

The same set it and forget it process of automation that the gurus use everyday. The set it and forget it automation offered by the free fourteen day course, is the most powerful and proven technique in the internet marketing industry! And the Membership Riches free course lays it out so simple that anyone can accomplish success by using the techniques as explained.

And that's just one of the techniques that you will learn! I encourage you to take advantage of this amazing free offer from Membership Riches, but don't delay do it today!

Friday, January 28, 2011

The real estate B.S. artist detection checklist (continued)

6. Emphasis on motivational material. Every successful person I know has benefited from motivational books like The Power of Positive Thinking. Many of us have had life experiences like emotional high-school football pep talks which gave dramatic evidence of the power of focused motivation. I would not diminish the role of motivation in success in real estate or any other field. However, motivational material ought to be packaged as such.

When books or tapes are described as containing how-to information on real-estate investment, they ought to contain little or no motivational material. The protest that the customer "needs" to be motivated is beside the point. It is dishonest to promise how-to information, then deliver a bunch of "You-can-do-it" platitudes instead. The motivational business, like patriotism in Samuel Johnson's memorable phrase, is one of the last refuges of scoundrels. Although there are many who approach the field of motivation with rigorous scientific discipline, there are more for whom the motivation business is merely a con -- a chance to sell yet another cure-all "elixir" without having to get FDA approval.

7. Claim to do lots of deals. Virtually all the B.S. artists say, "I don't just teach these techniques. I use them every day in my own investment program." Baloney. There aren't enough hours in the day.

Gurus get the same 24-hour days as you. Being an expert takes time. We have to read many trade journals, loose-leaf services, and books to keep up to date. We have to spend hours on the phone interviewing sources for articles and books -- and hours in the library researching legal cases and other relevant facts. As experts, gurus get interviewed by the media on the phone and in radio and TV studios and they make speeches to investors. Finally, we have to manage the guru business itself. That means designing brochures, responding to customer-service problems, checking proofs from the printer, indexing books, negotiating with printers and recording studios, going over the income and expenses of the guru business, and so forth.

Obviously, we do not, after all that, have as much time as non-gurus do for investing. But in the financial guru business, the question, "Are you using these techniques yourself or just teaching them?" is ubiquitous. And any answer but, "Oh, yes," seems devastating to the credibility of the guru. In fact, real-estate gurus (other than those who just dabble in guruing) who do a deal a month or more are extremely rare. Or they are buying garbage properties by the dozen---with little or no analysis or due diligence---mainly so that they can claim they do lots of deals and be technically accurate.

You can smoke out such gurus by simply asking them for the addresses of some of the properties they have owned. I put the addresses of all the properties I ever owned at my Web site. I have asked a number of other real estate gurus to give me one or more of the addresses of properties they have owned. I got zero response. Either they are lying or their deals are illegal and they cannot stand any scrutiny.

8. Offer to invest in your deals. The bad real-estate gurus are really just salesmen. As such, one of their main problems is how to overcome the objections of prospective customers. They target the less affluent and they are selling investment advice, so one of the most common objections they get is, "I don’t want to buy your course because I have no money to invest." To overcome that objection, some dishonest real-estate gurus have been saying that they will invest in deals that you bring them.

It's a lie. They may have invested in one or two just so they could say they did, but no more. Paying such finders fees violates brokerage laws in some states like New Jersey. Securities and brokerage laws may be triggered in other states. The quality of the deals submitted by their armies of novices must be fall-down-laughing abysmal.

Joe Kaiser told me he invested in some of his student's deals, but refused to give me any of the addresses of the deals in question so I or my readers could confirm them. The real-estate world is full of investors and developers who provide the addresses of their properties in brochures, annual reports, directories, on the walls of their offices, in magazine ads, and in news releases. I put the addresses of every property I ever owned at my Web site. But no other guru will provide a single address. Ya gotta wonder why.

This is a variation on the classic advance-fee-loan scam. One of the classic frauds that con men perpetrate is called the "advance-fee-loan" scam. In it, a con man finds a person who is having trouble getting a loan and offers them a loan. Often, there is some bogus explanation, like 'It's offshore money," to explain why the con man can get you a loan when no one else can. When you accept, the con man tells you there is a small fee for the paperwork or some such. In fact, the con man is purely in the business of collecting the fees and running. There is no loan.

The real-estate-investment variation on this is to tell you that the guru will help you buy property by putting up the down payment or by advising you or by teaching you how to buy for nothing down. The nothing-down con involves various approaches from "motivated"-seller financing to government loans to lease options to flipping to finding partners to "bring me the deal and I will put up the money to buy it and split the profits with you." In fact, the con man is purely in the business of taking your "advance fee" in the form of a retainer or the cost of "training" or "mentoring" or high-priced book-and-tape courses. They have no interest in investing in deals you bring them. It is a lie to get you to part with the advance fee. Their various techniques for buying nothing down do not work in the real world. They just lie to you to get the advance fee.

I got an email from a reader who told me there was a story in the Pittsburgh Post Gazette newspaper about a real estate investment guru who was in trouble with the law. The story is at http://www.post-gazette.com/neigh_city/20020808cburbs9.asp. According to the article, 61-year old Michael Enelow was indicted on 29 counts of wire and mail fraud by a grand jury in connection with a real estate investment scam. He reportedly ran ads in periodicals around the U.S. from 1995 through 2000 offering money to people who would refer real estate deals to him. The indictment said he lied about how much money he had and how many deals he did. He charged $1,500 to sign up and got over a thousand people to send him that much. (1,000 x $1,500 = $1,500,000) The FBI said Enelow lived off the $1,500 charges and that his real estate dealings were insignificant.

Wednesday, January 26, 2011

The real estate B.S. artist detection checklist

Readers often ask me what I think of a particular guru's seminar or home-study course. In many cases, I don't know the work of the guru in question. But I can make general observations about the B.S. artists which you can use to spot them.

1. Emphasis on luxurious lifestyle. Gurus I respect, like Bill Tappan (author of Real Estate Exchange and Acquisition Techniques) and Bob Bruss (nationally syndicated real estate columnist) rarely mention the life-style you will enjoy if you buy their products or follow their advice. Although they are successful real-estate people, they see no need to write about being rich or to wear their affluence on their sleeve (or around their neck or pinky). On the other hand, the B.S. artists feature the imagined lifestyle of the rich in their TV ads, come-on speeches, and "how-to" materials. They also accessorize themselves with flash like ostentatious jewelry and rented limousines or rented private jets.

2. Subjective self description. The "about-the-authors" of the gurus I respect are generally written in Jack Webb style: "Just the facts, Ma'am." Leigh Robinson, for example, describes himself in one sentence: "Leigh Robinson is landlord to 360 tenants and lectures in Landlording for University of California Extension." Bill Tappan's bio contains not a single laudatory adjective. Just a handful of relevant facts about his exchanging experience and the first edition of his book.

In contrast, the B.S. artists tend to have book jacket or ad copy which describes them as the "leading real estate expert in the United States today" or the "Number One, most-sought-after..." Their bios are full of baseless, subjective adjectives and nouns, like "innovative...... famous, spectacularly successful," "authority," etc. B.S. artists often use photographs or videotape of themselves hanging around executive jets, limos, yachts, mansions, five-star hotels, exotic resorts, or expensive cars to imply that they have achieved great financial success.

3. No pitfalls or corrections. There are dangers in everything. But you rarely read about danger in a book by a real estate B.S. artist... or hear about it in one of his cassettes or TV infomercials. Everybody makes mistakes. But you rarely read about a guru's mistake or see a correction in a B.S. artist's newsletter. The B.S. artists are self-proclaimedly big on being "positive." And one of the things they're positive about is that the dream world they depict will not be marred by unpleasant reality.

On the other hand, worthwhile gurus are as likely to write about mistakes made (often by the guru himself/herself) and dangers overlooked as about spectacular profits achieved. And all ethical periodicals writers run corrections when they make a mistake.

4. No bad news. In addition to teaching techniques, real-estate investment gurus have to respond to news like court decisions, legislation, economic trends, and so forth. Of course, some of the news is bad. But the B.S. artists invariably respond to bad news in Pollyanna fashion. They always see "opportunity." The closest they come to acknowledging the unhappy truth is to describe a situation as a "challenge."

The Tax Reform Act of 1986 was a good litmus test. Any investor whose IQ exceeds his body temperature knows that was the worst tax law for real-estate investors since the income tax was invented. But when it passed, the B.S. artists called it "the best thing that ever happened to real estate"...or words to that effect.

Why do they do that? For one thing, they fear bad news will depress sales. With good reason apparently. A bunch of real estate newsletters have gone out of business since the late '80s real estate depressions hit many markets and the Tax Reform Act of '86 passed. Another reason B.S. artists don't acknowledge bad news is that they simply cannot shut off their slinging mechanism. They are B.S. kinda guys. There's nothing wrong with looking for opportunity in ostensibly bad situations. Many of my articles have done just that. You only become a B.S. artist when you look for it, can't find it, but claim it's there anyway.

5. Universally-applicable techniques. The various techniques one can use in real estate investment are like mechanic's tools. The one you use depends on the situation and your goal. Just as no tool is appropriate for every mechanical job, neither is any real-estate-investment technique appropriate for every situation. Each has advantages and disadvantages and most are only useful in a narrow range of circumstances. The B.S. artists trot out one obscure technique after another in an effort to impress the customer with all the "new" material they are getting. But rarely is a word spoken about when the technique is appropriate. The reader or listener is left with the impression that the technique is appropriate for any and all acquisitions.

Tuesday, January 25, 2011

John Schaub (Sarasota, FL) --- I recommend

I attended most of his seminar and I thought it was good. He said his seminar attendees bought For Sale By Owner properties at bargain prices during every one of his seminars. But, to my surprise, he was unable to give me a single name of such a person so I could interview them and write about their bargain...other than Jimmy Napier, another real estate guru. Napier confirmed that he had attended a Schaub seminar and purchased a FSBO as a result. He told me the price he paid but refused to tell me the market value of the property at the time he bought it so I could gauge the extent of his bargain. He kept repeating that you could never tell what a property is worth until you sold it. That, of course, is baloney. Nobody buys a property without first assuring himself that he is paying no more than market value. Smart bargain purchasers make sure they are paying at least 20% less than market value and they cannot sell the property before they buy it in order to ascertain the market value.

Schaub is extremely popular with, and highly regarded by, real estate investors who have taken his Making It Big on Little Deals seminar.

Sunday, January 23, 2011

Internet Million Dollars

Today on the internet I find that anyone who can throw up a sales page claims to be a "professional marketer". Well let me ask you this, who better to teach money making techniques than a Professor of Economics?? The Internet Million Dollars product was created, and is taught by Professor James Bradley. Now do you think he knows what he’s talking about when it comes to making money online? I can tell you from first hand experience that yes he does!

The teaching of Professor James Bradley of Internet Million Dollars is packed with information that both the experienced marketer as well as the beginner should have knowledge of. Professor James Bradley is a multi-millionaire. An expert in the field of world finance, Bradley has been engaged in the analysis of the Internet market since 1998. In the course of his research he has developed a method which allows anybody to earn thousands of dollars in an extremely short time.

If you have 49.90 for the Internet Million Dollars product, and $10.00 for promotion James Bradley will guide you on how to earn a substantial amount of money, with your computer as the only tool you need. There are systems our there that cost double and even triple the price of Internet Million Dollars. $49.90 for information this powerful is a steal! Many people who I know personally, has followed his teachings and just within a few days I have doubled their prior internet income.

The Internet Million Dollars is unique in many ways. The most obvious thing that's unique about this system is that it's taught by an educator. I mean this product would be worth $49.90 if it we're taught by a high school math teacher. But considering that the Internet Million Dollars is taught by a College Professor make it that much more valuable and unique.

Another unique aspect of the Internet Million Dollars is that it's automatic. There's really not much for you to do at all. He lays out the details so simply that all you really need to do is complete a few easy steps and from there the system James Bradley teaches you, just continues to run by itself with no further action needed on your part!

The bottom line is that if you want to be taught by a true professional, then you you can't afford to pass up Internet Million Dollars

Saturday, January 08, 2011

Donald Trump (New York City) --- I recommend (only his Art of the Deal book)

I recommend Trump's book Art of the Deal although it is about institutional (huge) properties and development so it is only partially helpful to individual real estate investors (purchase, renovation, and sale of small, existing properties) and beginners. I have also seen some episodes of the Apprentice and was generally impressed with the way Trump handled himself and dealt with his subordinates.

Trump's publisher asked me to contribute to a forthcoming book of his on "the best real estate advice I ever got." I sent in a contribution, but I later withdrew it because I started seeing ads that showed Trump speaking with Robert Kiyosaki and Tony Robbins (he is not real estate but I commented about him in my rating of Marshall Reddick) and because I heard that the real estate guy at Trump's University is Dolf De Roos.

I do not recommend other speakers who are associated with Trump.

A number of readers have commented to me along the lines that Trump is the gold standard of real estate investment. I disagree. He is a somewhat successful (one company of his went bankrupt) developer of commercial properties in Manhattan and now branching out into some other cities. He is also perhaps the most prominent commercial developer in the nation becaues of his use of his name on most of his properties; his focus on landmark properties like office buildings, hotels, condos, and casinos rather than less glamourous properties like industrial buildings or garden apartments; his TV series; his marriages; and other activities that draw media attention. Trump is a celebrity real esatte developer. If there is a top real estate investor, it is more likely a guy who never put any of his companies into bankruptcy like Sam Zell or Tom Barrack whom Fortune named "The World's Greatest Real Estate Investor" in its 10/31/05 issue.

Richard Wood --- Murdered

Wood was a paper (seller mortgages) seminar guru. He reportedly persuaded his seminar students to give him $4 to $6 million to invest in second mortgages. Instead, he used some of it to pay phony returns to later investors. Using the principal of early investors to pay phony returns to them and later investors is called a Ponzi Scheme after Charles Ponzi, the first to receive great publicity for using the scheme. Wood reportedly put the rest of the investor's money into his own accounts -- offshore. When he avoided investors or told them unbelivable stories explaining why he could not give them their money back, they forced him into involuntary bankruptcy. He stopped making payments on his $500,000 Las Vegas mortgage and was presumably about to flee the country when he was shot dead in front of his house.

Friday, January 07, 2011

Jeffrey Taylor (Norfolk, VA) --- I recommend but...

"Mr. Landlord" Some good information , some incorrect information. Too gimmicky for my taste. He offers so many "special" deals and free trials on his newsletter that I wonder if anybody ever pays for it. I got a bunch of mail from his readers once. Oddly, much of it came in envelopes that were recycled. For example, electric company bill envelopes with the electric company return address crossed out and my name and address written on the window. Many wanted to know what"specials" I offered. Strange group.

Simple Man’s Guide to Real Estate --- I do not recommend

When I visited it years ago, the Web site for this "course" or whatever it is had, in white letters on a white background, the following:

Carleton Sheets Don Lapre no money down Wade Cook foreclosures Carlton Sheets Carleton Sheets is OK, but there is a low-cost, more powerful alternative... Carleton Sheets Real Estate Carleton Sheets Real Estate Carlton Sheets Real Estate

The use of such "invisible" words at a Web page is dishonest. Note that I do not have a person's name here for my rating. The Web site for this whatever does not list the name of a single human being or company except for the ones he, she, they claim he, she, they are better than, like Carleton Sheets. That’s strange. A visitor to this page tells me Bill Vaughn is the author.

This Web site has a logo that says "Registered Safer Shopping Site ePublic Eye." A number of readers have noted that logo appearing on other sites of gurus I do not recommend. Apparently, that organization has far lower standards than I.

On 1/26/05, I got an email purportedly from "Chuck Hall, Administrator, IntelliBiz." It says that my statement that they have the above words in white letters on a white background is a "lie." Accordingly, I changed the tense of the first sentence in this review to the past tense. I have not checked their Web site recently. I guarantee that the above statement about white-on-white words was accurate when I first wrote it.

Thursday, December 30, 2010

Affiliate Project X

There are some hard feelings over the release of Affiliate Project X. I have no hard feeling about the release of this informational product, but then again I'm not as greedy as some. You should understand that the secrets revealed by Affiliate Project X, were kept between very limited numbers of professional affiliate marketers. When Chris released these secrets to the general public, many internet marketers were very upset. But don't worry, because Chris still has a few friends left!

There is one thing for certain, the longer the product page the more content the members area has. That's a little hint for you to use when deciding which product to purchase. And Affiliate Project X has a product page that will take you a while to read. Although it will take you some time to read it, it's worth reading every word.

I bought this product because it sounded to good to be true. I was ready to blast a very bad review of the Affiliate Project X product. But when I seen what the back office was loaded with I decided to be a bit kinder with my review. There is information within the knowledge bank of the back office you have never, and probably will never find anywhere else. So many information sellers sell the same information as the next guy. That is not so with Affiliate Project X information product.

I know from first hand experience that the information contained within the Affiliate Project X, is appropriate for the beginner as well as the seasoned professional. Many professional marketers not yet in the loop have purchased Affiliate Project X for themselves. Whether you are new or experienced this product will teach you the secret to making $500 a day and even more. The information that you will discover is simple to understand yet so very powerful enough to utilize and make massive amounts of money.

Something which I highly respect about the product is that it was tested before Affiliate Project X product was released to the public for sale. Most marketers will just try their techniques themselves, and then throw it out there and hope that the average person will achieve success with the product. Chris tested his techniques on a dozen test subjects. When and only when those test subjects obtained phenomenal success, he released Affiliate Project X to the public. Now that's about as honest as it gets!

Click Here To Find Out About The Affiliate Project X!

Friday, December 24, 2010

Joe Land --- I do not recommend

Joe was a nothing-down guru in the mid-'80s. I "debated" him on a 60 Minutes segment titled "Nothing Down" on March 16, 1986. Morely Safer was the correspondent.

Land said you only needed one technique. His was buying, at a discount, a mortgage someone had taken back on the sale of a house. Then you got a new institutional mortgage for 80% of value and used the mortgage you bought at a discount as down payment. The face value of the mortgage you bought at a discount was bigger than 20% of the value of the property you were buying, so you actually pocketed several thousand dollars proceeds of the new first mortgage at closing.

Morley Safer explained it well. He said the crux of Land's technique was persuading the owner of the mortgage that it was not worth what it said, then turning around and immediately persuading the owner of the house you were buying that the mortgage was worth what it said. There is no doubt some sellers are that dumb, especially those who are trying to sell overpriced property. But there are no institutional lenders who will knowingly do that deal.

I debated Land subsequently on a conference call that included Joe, me, and Time magazine reporter Jon Hull. Land insisted that he had done this deal many times and that many lenders would do it. I asked for the address of a property where Land had done such a deal. He refused to give one, citing confidentiality. Time promised anonymity to the lender. Land still refused. I urged Morley Safer to ask the same question of Land. He did and Land refused to provide him with an address, also.

Land stopped doing real estate seminars not long after the 60 Minutes piece ran. He later did TV infomercials in which he sold audio tapes purportedly containing subliminal self-improvement messages. All you could hear was sea gulls and ocean waves. I am told that at one of his real estate seminars, Land once told an associate, "These people would buy blank tapes if I told them to." Later when he was selling the seagulls-and-wave tapes, he said, "They aren't blank, but they're pretty close."

I always thought that blank-tapes story epitomized the real estate B.S. artist segment of the guru business.

Thursday, December 23, 2010

Jay P. DeCima (Redding, CA) --- I recommend

Reasonably-priced book ($24.95) Generally reasonably-worded brochure—although it is noteworthy that he tells you to whom the check should be payable, but gives no mailing address, thereby preventing you from paying by check. That’s the kind of mistake that disqualifies you from getting your financial-genius secret decoder ring.

Excellent book on the fixer strategy. I do not like the parts of the book that discuss partnerships and financing. I do not know if his more expensive products are worth their prices.

I could do without Jay's cornpone, Beverly Hillbillies costume and occasionally folksy language. De Cima is apparently from the Joe Land-Jimmy Napier School of Presenting Yourself as a Country Boy. It's a bit odd, but does not seem to prevent one from giving decent real estate advice. It's the guys who wear pinky rings and gold chains that you have to watch out for.

DeCima is a slob about checking his facts. For example, on page vii, he says, "nearly half the work force was unemployed during the Great Depression." It took me about 20 seconds to get the correct figure, 26% at the peak. The book contains a number of such Cliff Claven-style errors.

He also fails to attribute stuff he got from other people. For example, on page 93, he tells one of Joe Land's jokes without mentioning Joe and prefacing it with, "When I write about this subject, I'm always reminded of..."

When DeCima talks about non-fixer investment issues, his thinking is sometimes muddled, uninformed, or illogical. For example, his discussion at the top of page 9 and elsewhere in the book seems not to reflect an understanding of the time value of money. On page 116, he dismisses the use of computers in real estate out of hand. There is no doubt that computers can be misused. I recommend against all canned real-estate-investment-analysis programs. However, failure to use a computer to manage property or to analyze large amounts of useful, accurate data is idiotic.

He seems oblivious to an ethical issue on page 131. He says it's best to work with just one agent, in part, so you can get access to so-called "pocket listings." I was an agent for two years. "Pocket listings" do exist, but they are an unethical agent practice. A "pocket listing" is one which the agent keeps "in his pocket" and shows only to his best buyers. Since the agent has a fiduciary duty to get the highest price for the seller, he must publicize the fact that the house is for sale as widely as possible as fast as possible. If, instead, he only tells his favorite buyer, to avoid another agent splitting the commission, he is acting against the interest of his client, violating his fiduciary duty to the seller. You should not deal with unethical agents who keep listings "in their pockets" either as a buyer or as a seller.

Don't get me wrong. When DeCima talks about buying and fixing houses for profit, his book is excellent. But he says a number of things that I must dissociate from my general recommendation of the book lest readers think I agree with everything that's in it. Because I see a number of inaccuracies, exaggerations, and failures to attribute in the book, I worry that some of the unverifiable statements about DeCima's successes may be similarly inaccurate or exaggerated or the result of external factors rather than the result of DeCima's own efforts.

Wednesday, December 22, 2010

Wade Cook

I thought that in my next few posts I would focus on specific Get Rich Quick "Gurus". Some of these guys are honest to goodness money making gods...most only make money from suckers. I'll let you know what I think in future posts.

Wade Cook (Seattle, WA) --- I do not recommend
Real Estate Money Machine author. He has declared bankruptcy multiple times, has unpaid fines levied against him by state attorneys general, has been the subject of cease-and-desist orders from attorneys general, has taken the Fifth Amendment in court, and has been indicted. Smart Money magazine did an extensive article ("Wade’s World") on his financial and legal difficulties in October 1996. Call 800-925-0485 for a copy. The State of Texas went after Cook on 5/1/98. While you are at the FTC Web site, you may want to search around for other pertinent information. I suggest you bookmark my site before you do so you do not have to hit "back" a zillion times to find your way back. Here is a link to a Reader's Digest story about Cook and other gurus. There is a devastating article from the Wall Street Journal at the Motley fool Web site. The Street.com has an article with a nose-diving graph showing the performance of Cook's trades and another by a staffer who attended Cook's seminar.

On 10/5/00, Bloomberg News accounts said Wade Cook Financial Corp. would offer refunds to thousands of investors who attended Wade Cook stock-market seminars. This was to settle action brought against Wade Cook Financial Corp. by the Federal Trade Commission. Cook was also sued by the attorneys general of the states of AL, AZ, CA, ID, IL, KS, MO, NC, NM, OK, OR, PA, TX, and WA. Cook told investors they would learn how to double their money every 2 1/2 to 3 months and claimed "We do it all the time." Cook's corporation’s stock market investments lost 42% of their value in the first half of 2000.

Investors who did not earn back from stock-market trading at least what they paid for the seminar (up to $6,295) are eligible for refunds. Shares in Wade Cook Financial Corp sold for as much as $5.30 in 9/97. They now sell for 18¢. Although neither Cook’s students nor his shareholders have done very well (he owned 64.5% of Wade Cook Financial Corp. on 4/30/00), Cook himself took $22 million out of the corporation in compensation - more than triple corporate earnings for the period.

Cook is a best-selling author (Wall Street Money Machine) and also wrote Real Estate Money Machine previously. He is one of a number of best-selling financial authors who make that list, in large part, a rogue's gallery. The many people who buy Cook's books and attend his seminars are idiots. I have talked to some on the phone. When they ask about him, I recite all his legal troubles, including his bankruptcies. They then ask what I think of his latest book. Like I said, idiots.

On 12/19/02, Wade Cook Financial Services was put into involuntary Chapter 7 liquidation bankruptcy (Case No. 02-25434) in the U.S. Bankruptcy Court of the Western District of Washington. On 1/17/03, this was converted to a Chapter 22 reorganization bankruptcy on 1/17/03. When I did a search to confirm this, I typed Wade Cook bankruptcy into Google and immediately got the pertinent Web page of the Western District of Washington U.S. Bankruptcy Court Web site.

Monday, December 20, 2010

Google Wealth Wizard

I pretty much cannot stand any info products out there! Ahhh, they just always seem to let me down, over and over again. It's a non-stop cycle of failure! So I came across Google Wealth Wizard, and I knew it absolutely was going to suck.

It just had to suck. I mean, come on, how many products out there do work? Not many that I come across. Granted, yes, I have bought myself some info products that have added a few dollars to my bank account, but not many to brag about, and certainly what I got was nothing I was promissed.

"$1000 a day? Yeah right, in my dreams. What do they think I am? Stupid?" That's exactly what I said when I came across the Google Wealth Wizard, and needless to say, I quickly left the site and went on with my life searching for the next "big" opportunity. What I came across was very interesting...

Being a member on some of the net's most popular money making forums, I came across a few post that startled me. People were actually claiming that the Google Wealth Wizard does work. How can this be?

One person claimed that it took him only 8 days to make over $250 a day with doing very little work. He felt he could make more but he wanted to take things slow and build from there. In my opinion, this is probably the best approach.

Still though, I was skeptical, and being an editor for an online money making review site, I was a natural cridict towards every product I came in contact with over the Internet. Google Wealth Wizard was certainly no exception.

As the product became more and more popular and as the forums began to have more and more posts of people's experience with the Google Wealth Wizard, I decided that maybe the Google Wealth Wizard was something I should check out. Besides, I had a review site to run and I always need new products to review. So, I gave in and purchased the Google Wealth Wizard.

The Google Wealth Wizard offers beginner with NO computer or online money making experience, as well as individuals already familiar with ways of making money online, new information that other products leave out.

The Google Wealth Wizard is relatively new, being released in mid September, 2006. If anything has proven true in internet marketing, you ALWAYS want to be the first on board to try new methods before the competition gets fierce. Guess what. The competition isn't there yet!

Because of this new product and new information, I was able to cash in extra income before too many people got ahold of the product. After 4 months, a product begins to lose its effectiveness, so it's essential to get on the information as soon as possible.

Luckily you have the opportunity to pick up on this great information product before it gets too late.

But wait one minute...there were a few things that I felt the Google Wealth Wizard was missing. I felt there wasn't enough information on email marketing (which is HUGE in making money online. I do it ALL the time) and not near enough information on viral marketing (which also is HUUUUGE).

Sure, I do honestly believe that people can make money with the Google Wealth Wizard alone, but don't expect a "tell-all" book...Afterall, there's always more to learn...the Google Wealth Wizard just covers one aspect of making money on the 'net.

Friday, December 17, 2010

Make Money Online (Without Spending a Dime)

Even with no product and no Web site, you can get paid for what and who you know

Making money online used to pretty much require you to have your own Web site, products to sell and some marketing savvy. But a new generation of dot-coms have arisen that will pay you for what you know and who you know without you having to be a web designer or a marketing genius.

But it's hard to tell hype from the real deal. I did a search on "make money online" and "making money online", and much of the information out there is just promoting various infoproducts, mostly about Internet marketing. I see why people sometimes ask, "Is anyone making money online besides Internet marketing experts?"

So I put together a list of business opportunities with legitimate companies that:
  • Pay cash, not just points towards rewards or a chance to win money
  • Don't require you to have your own Web domain or your own products
  • Don't involve any hard-selling
  • Aren't just promoting more Internet marketing
  • Give a good return on your time investment
These are legitimate companies with business models that allow you to get paid for a wide range of activities.

Help friends find better jobs.

Sites like karmaONE, JobThread and H3.com connect employers with prospective employees, many of whom are already employed and not actively job-hunting, via networking - the people who know these qualified candidates. Rewards for referring a candidate who gets hired range from a few hundred dollars to as much as $5,000 - not chump change. This is a great way to break into the recruiting business with no overhead.

Connect suppliers with buyers.

Referral fees are a common practice in business, but they haven't been used much in online networking sites because there was no way to track them. InnerSell provides that. Vendors set the referral fees they're willing to pay, then when a deal happens, you get 70% of the referral fee.

Provide business contact information.

One of the greatest challenges in sales is getting accurate contact information about prospective customers. A growing number of services have launched in the past couple of years to help address this, but most rely on members to maintain their own contact information. Jigsaw, on the other hand, pays members to help keep information up-to-date on the people they know, not just themselves, and pays them to do so ($1 for each unique new qualifying contact you put into the system). According to Jigsaw, in their first payout after launch, the top ten point-earns each received more than $750.

Become a semi-pro reporter.

Creative Reporter is a new program from Creative Weblogging that lets just about anyone become a paid reporter/blogger. They're looking for people to create original, but non-exclusive, blog posts / articles of 250-500 words on topics including parenting, celebrities, travel, mobile technology, and more. Pay is $10 per 1,000 page views on your posts (that's excellent pay for Web writing, although there's no telling how much traffic/money you'll actually get).

Write your own blog.

You don't have to have your own Web site, or install blogging software, or even figure out how to set up the advertising. Here on Blogger you can set up a blog for free in less than five minutes without knowing a thing about web design, and Blogger even automates setting up Google AdSense so you can make money off your blog by displaying ads and getting paid when people click on the ads. To make even more money from it, set up an affiliate program (see below) for books, music, etc., and insert your affiliate links whenever you refer to those items. You'll have to get a lot of traffic to become a six-figure blogger, but pick an interesting topic, write well, tell all your friends, and you're off to a good start.

Advertise other people's products.

If you already have a Web site or a blog, look for vendors that offer related but non-competing products and see if they have an affiliate program. Stick to familiar products and brands - they're easier to sell. To promote those products:
  • Place simple text or graphical ads in appropriate places on your site
  • Include links to purchase products you review or recommend in a blog, discussion forum or mailing list you control
  • Create a dedicated sales page or Web site to promote a particular product
They all work - it just depends on how much time you have to spend on it and your level of expertise with Web design and marketing.

The above list is by no means comprehensive, but it highlights some of the new and interesting ways to make money online without investing any money, without having a product of your own, and without having expert sales and marketing skills. Most of all, unlike taking surveys or getting paid to read e-mail, the potential return on your time investment is substantial.

Thursday, December 16, 2010

The Blogging Cash Machine

There is a new ebook on the market about making money using free blogs online and is fast climbing up the popularity ranks.

The tagline for this ebook is "Make Mounds of Money Blogging Part-Time", and the author apparently makes $9000 a month for one affiliate product. So the question is whether or not "The Blogging Cash Machine", by Danny Warner, actually makes good on its promises. As a guy who has made a full-time income from exclusively free methods, I decided to investigate.

Section 1 -- Keyword Research and Selecting your Niche Market

A very thorough introduction to the bread-and-butter of founding a successful blog, accessible enough for even the greenest of newbies to understand. Warner even explains what a keyword actually is, before telling you exactly how to find good keywords and providing a formula on how to assess whether or not they will be profitable. An excellent start and very reassuring to those who consider themselves technologically-challenged.

Section 2 -- Setting up your Blog

Once again, Warner doesn't spare the detail. He tells you exactly what blogs are, compares the different blog platforms (such as Blogger and Wordpress), and then goes into rich detail about how to effectively set them up. This is as step-by-step as it gets, but without compromising on the little tips and tricks that you can make on your blog's settings to boost your profit margin.

Section 3 -- Monetising your Blog

This section is one of the highlights of the ebook. As we have now come to expect, Warner starts off by simply explaining what methods are available to make money from your blog, ensuring no reader is left behind. Then he walks you step-by-step on how to add affiliate links and Google Adsense. Now this is really standout, because Warner uses colourful diagrams to show us exactly where the Adsense should be placed and, thankfully, tells us exactly where to cut and paste our code in order to achieve maximum profitability. This gives you incredible versatility, and it is utterly paint-by-numbers; read the instructions and apply as directed.

Section 4 -- Generating Content for your Blog

This section covers the information to put in your blog. Warner provides some neat templates, so you should never be short of ideas on how to structure your content. It is also explained how to use PLR articles, outsourcing articles, using forums and many other methods. On top of all of that, there is a guide on how to optimize your content to provide good rankings for your posts.

Section 5 -- Search Engine Optimization (SEO) for your Blog

Now we get to the juicy bit. "The Blogging Cash Machine" makes it incredibly simple to quickly set up a blog, add content and monetise it. But that won't be worth squat if you can't drive traffic to your site. This is where SEO comes in, and Warner doesn't even spare the kitchen sink. You'll learn about - and how to - add back links, anchor text, blog submission, directory listing, articles, press releases and forums. And as though it isn't enough to give complete step-by-step guides to all of these methods, you also get relative lists of resources so you know exactly where to do your submitting and general SEO.

Section 6 -- Advanced SEO Strategies that will take you to the Top of the Search Engines

The final chapter deals with very dynamic techniques to boost your blog from mediocrity to dominating the search engines. I can't give away too much about what Warner writes here for obvious reasons, but they are certainly very viable methods he has written about.

My Conclusion:

Danny Warner drives $9000 or more in affiliate sales each month, primarily from blogs. It is accepted that people can make a full-time living online, even from free methods. The question here then, is whether or not "The Blogging Cash Machine" will help you do that.

As an internet marketer who has read more than his fair share of eBooks, this is one of the finest I have ever come across - and I don't hand out favors for free. "The Blogging Cash Machine" is remarkable because of its utter accessibility and sheer depth. Although it is a reasonably streamlined ebook that won't take you more than an hour to finish, it is packed with juicy strategies from start to finish. And it is written in an entirely newbie-friendly way that doesn't isolate more experienced marketers.

If you cannot make back the money you spend on this ebook by a score of tenfold, then you may as well forget about using the internet as a means of making a living from home!

Tuesday, December 14, 2010

No Thank You Rich Jerk - Honest Riches

I was hesitant to write up this review, but this excellent Marketing E-Book is too exceptional for me to pass it by.

When I was a beginner, I no idea how to make money on the internet. I first tried one of the most popular jobs on the Internet, taking surveys. This job was easy, but is very time-consuming. I would get invitations in my e-mail to join a survey club, and I was promised that I would make a certain amount of money per month by just filling out surveys. However, I discovered that this money was discounts with stores and companies that the survey company sponsored. Coupons don't pay the bills. Then I tangled, with some success, in E-bay...but it was so much work. Then I came across the real secret...affiliate marketing. I was very curious about it and decided to research it more. I made many bonehead purchases into many bonehead scams. I was in debt and continually ripped off. But then I found the Rich Jerk e-book. My life has never been the same. This infomitive and, many times, comical book filled me with the drive and knowledge to really start making money. I love the Rich Jerk.

That was almost 5 years ago. More recently, in my never-ending quest for Internet scams or gold mines, the E-book kept popping up about "No Thank You Rich Jerk". There are many good reviews from very enthusiastic people that bought this young woman’s book. After a little background research, I found that her e-book contained basically the same info as the Rich Jerk's. What made it even more attractive for me is that her e-book had even more useful info than his. I purchased the book and I am so glad I did; this small investment brings me income daily. It pains me to say that this e-book is a smarter first buy than the Rich Jerk...but it is.

I was very impressed with Holly Mann. This 24-year-old entrepreneur, a single mother, was in the Army, lived in three different countries, and is now sharing all her knowledge of her successes with online marketing. Her E-book is worth every cent for a beginner. The title "Breakthrough Money Making Secrets Revealed". I've been a Rich Jerk supporter since day one. I love his book...but that was before I realized Ms. Mann's book was out and very affordable for any one starting out. Her book showed ways to make money without paying for advertising and to target key groups of people. The Rich Jerk's book provides great ways to making money – if you have a lot of money up front to start with...(which has always been my only complaint with his methods.)

I wrote to Holly Mann and received a very pleasant reply. I was very impressed with her quick response to my e-mail. Holly also offers a newsletter and a money-back guarantee for 45 days. I can see how she can live a good life for herself and her son. She can set her own hours. Reading about her personal life and her experiences of travel and flavoring the different cultures is awesome. Therefore, I decided I wanted to take the time to share this with others that want to start out with little money. This $19.97 is less than I pay for a dinner out. I tried her advice and it really works. As much as I hate to admit it, her book get's to the "meat" of the Rich Jerk faster, clearer, and more effectively. At half the cost, her book is probably better than the Rich Jerk.

I usually do not make recommendations just based on income. My commission on Rich Jerk would be much larger due to the cost being so much higher on promoting his E-Book. I made this recommendation on value. Holly Mann promoting her book is helping so many others. Her customer service and now knowing her somewhat, I can say she is an excellent and honest author. To see what I mean Click Here!

Saturday, December 11, 2010

Chris Carpenter - Google Cash

Chris Carpenter and the updated Google Cash is a good source of information if, PPC Affiliate Marketing is what you want to do.

There is a lot to know when you venture into pay-per-click marketing. Very quickly, factors that you may not have considered can determine whether you stay in the game. Google has just announced some major changes in their criteria for displaying your ad. It was already complicated and now it is even more so.

You begin to take a very different perspective concerning people visiting your website, when you pay for each one. Of course, if you have visitors, you are paying one way or another, but it is different when you know the exact cost.

Chris does a good job in preparing you to take this step. He offers screen shots and explanations about the intricacies of this form of advertising. He goes into great detail about keyword selection, Bid Management, Ad placement, Pre-selling, Target Market and Copywriting.

With PPC it is a bad idea to just "jump in" and try to pick it up as you go. It has been my experience that Affiliate Marketing is not the most profitable form of internet marketing, but if you are still interested in it, Google Cash will help.

Friday, December 10, 2010

Membership Riches

Marketing Guru, Jason James, shares the secrets to making a 4-5 figure income each and every month with just a few simple steps. His newest product "Membership Riches" is set to launch October 26, 2006 at 9 a.m. EST, and there is already a long line of marketers chomping at the bit to get their hands on this information packet.

Membership sites are one of the easiest money makers on the internet- and one of the most misunderstood. Mr. James shows everyone just how easy it is to get started and shares the secrets to making money quickly and easily. Jason explains "It truly is a set-it-and-forget-it business model. The money comes in each and every month, while you sit back and do nothing."

"Membership Riches" was created to show individuals how to make huge profits on membership sites with little or no upkeep. The package also includes: interviews with successful website owners, secrets to an explosive product launch, affiliate marketing secrets, private label content, and a one-on-one consulting subscription. The creator of the "Membership Riches" package, Jason James had this to say about the impending product launch: "The E-book by itself is worth its weight in gold, and you will be amazed at how easy it is to make a 5 figure income each and every month. I was feeling generous with the holiday's coming up- and thought that I would sweeten the deal a bit and give away something extra. So the bonuses are also phenomenal."

Jason offers a free 14 day eCourse for anyone interested in learning about the power of membership sites. Those that register for the course will also receive a VIP notification of the "Membership Riches" product launch, so that they can start making money immediately. For details about the product or on the subject of this release, visit http://www.membershipriches.com for more details.

About Jason James, Inc.:
Internet marketer Jason James is a Former U.S. Marine and a highly accomplished and sought after speaker and consultant with expertise in: eBay Buying and Selling, Membership Website Creation, Internet Marketing, Joint Ventures, Product Launches, Motivational Tactics, and Strategic Planning.

Sunday, December 05, 2010

Matthew Lesko

Do you want to know what you REALLY get with Matthew Lesko?

Like many others, I wanted to know! For those of you who don't know him by name perhaps you've seen him running all over your late night TV informercials in a yellow question marked suit screaming about federal grants. His book, so he says, lists government giveaways for just about every conceivable reason.

The government has many programs designed to help people in different situations. I wanted to see what my friends in Washington were holding for me.

What I received was a HUGE encyclopedia of the Government beaurocracy and SIX HOURS of Matthew Lesko on tape. No one needs that much of him!

The Book really did have worlds of information, and it covered a large variety of topics. Too Many!

It was not very clear about the details of the programs and in calling a lot of the phone numbers I found that many were disconnected. Some did have addresses, but the few I mailed to never responsed. So I don't know if they were valid, I suspect they were old or had changed.

The Manual also says NOTHING about what to say or how to properly request these Grants and Giveaways. I subsequently learned that the manner in which you request these monies is VITALLY important, So this is definitely not a "How To" book!

Mr. Lesko's website seems to be an exaggerated version of the book. There is a little info on the best ways to apply for the Grants and Giveaways, but not much. I don't think this site clarifies that process much at all.

Even if you have an unlimited amount of time, a great deal of patience, and an excitement level equal to Mr. Lesko(which seems impossible to me)that there might be some validity to this offer, but even then you may be wasting your time.

Each year in the summer months the Federal Government prints a list of all the Grant and Loan programs. Matthew Lesko seems to be a little behind, you would think, at least he would be up to date.

Thursday, December 02, 2010

Carlton Sheets

For 25 years Carlton Sheets (actually spelled Carleton) has been selling virtually the same infomation on late night info-mercials. He has even persuaded me to buy the course on two different occasions!

The reality is that most people who order this information may put in a little effort, but soon realize that it is nowhere close to "easy" and it takes a great deal of time. I spent many weekends driving endlessly from one neighborhood to another, looking at house after house only to find MANY others doing the same thing.

I discovered that there are A LOT of different "how to" Real Estate courses and an unbelievable amount of people trying to work them. That doesn't mean that Carlton Sheets doesn't have some good information, I am only saying that plenty of other courses do too and that means BIG TIME competition!

I made some offers and gained some experience and knowledge, but I never got close to a "No Money Down" deal and I surely didn't run accross any "Cash Back at Closing" situations. I actually felt that the hype about "Cash Back" was REALLY exaggerated and that would arise in very few situations.

Another thing that bothered me was the frequent phone calls from the CarltonSheets.com people, offering me expensive "mentoring" that would "help" me succeed. They would offer to tell me the Real Secrets if I paid $2000 and another guy asked for $5000 for the "Advanced Information" . This made me feel like I had been taken for a ride, but I had to pay for the gas!

After REALLY trying to make this work, I came to the conclusion that burying my face in the newspaper, being hung up on, and driving from house to house might not be the easiest way to make money. It sure wasn't the quickest way!

This may sound like fun to you, but I didn't want to continue to work this hard trying the Carlton Sheets program. I did however keep searching for a viable and doable Real Estate Course.

You may be different, but I didn't want to continue to work this hard trying the Carleton Sheets program. I did however continue to test and try other Real Estate Courses, but they all wanted me to pay a lot to tell me the real story.

Then I came across the real deal, a program that told me the secrets from the very beginning and at a fraction of the price the others wanted. You can continue to search and believe the hype, but this one really works! To see for yourself Click Here!

Sunday, November 28, 2010

Avoiding Work at Home Employment Scams

Now I'm not trying to discourage people from starting Home based business through the Internet, but rather guide the people past the Business opportunities available on the net that are bogus and illegitimate. These are more popularly termed as Scams. There are numerous opportunities available on the Internet for starting a home-based business successfully. Some of these opportunities are really success oriented. However all these business strategies require hard work and dedication besides thorough knowledge about the market.

Some of these opportunities are quick and easy way of making money. Before getting involved into any business opportunity through the Internet, people must make themselves cautioned against the fraudulent scams. They should not get carried away by people who try to fool others using fake testimonials, documents, guarantee cards, and offering huge income potentials in short period of time.

There are many reliable work at home jobs on the Internet. These jobs do not claim to give easy money in short period of time. These jobs are based on hard work and open-minded communication between the employers and trusted employees through telecommuting. These jobs are more or less similar to the regular jobs in many ways. The employee must first qualify for the job that is offered. He must then develop trust with the employer through dedicated work. Most of these telecommuting jobs are treated as part time opportunities. Another way of working on the Internet is to work as freelancer or on independent contract. You can work as article writer, consultant, editor, designer and numerous other ways. With all these type of opportunities the risk of getting involved in scams is less.

The Internet business opportunity scams are more common in sales endeavors. The scrupulous people who run the Internet scams are always on the look out for a naïve wishful and desperate surfer. Many homemakers, and elderly people become a prey under these scams. Before getting it to any business option, people must get a thorough knowledge about these scams. They can get all the necessary information from the Better Business Bureau and Federal Trade Commission. These organizations help you to keep away from the Internet based scams and also help to verify the offers on the net and file complaints if necessary. Another way to avoid scams is to start up the home based business after getting the necessary information from the Small business Administration.

It is essential for people to come forward and report the scams however small be the money involved. Scams have proliferated through Internet because of the access to millions of customers. The most commonplace for Internet scams is through the auction sites. Fraudulent merchandise sales sites are on the rise. The scammers try to allure customers by offering hard to find goods such as electronic gadgets. Thousand of shoppers who whisk their money have never received their goods. The people are advised to be skeptical of sites, which offer the goods at incredibly low prices.

Wednesday, November 24, 2010

'Net Scam #5: Xbox Giveaway

5. "Congratulations, You've Won an Xbox (IPod, plasma TV, etc.)"

The setup: You get an e-mail telling you that you've won something cool--usually the hot gadget du jour, such as an Xbox or an IPod. All you need to do is visit a Web site and provide your debit card number and PIN to cover "shipping and handling" costs.

What actually happens: The item never arrives. A few months later, mystery charges start showing up on your bank account. The only thing that gets shipped and handled is your identity. (A more benign variation on this scam drives you to a site where you're asked to cough up your contact info and agree to receive spam from advertisers until unwanted e-mail is coming out of your ears.)

The risk: Identity theft, as well as lost money if you don't dispute the charges.

The question you've gotta ask yourself: When did I enter a contest to win an Xbox (iPod, plasma TV, etc.)?

Tuesday, November 23, 2010

'Net Scam #4: Postal

4. Postal Forwarding/Reshipping Scam

The setup: You answer an online ad looking for a "correspondence manager." An offshore corporation that lacks a U.S. address or bank account needs someone to take goods sent to their address and reship them overseas. You may also be asked to accept wire transfers into your bank account, then transfer the money to your new boss's account. In each case, you collect a percentage of the goods or amount transferred.

What actually happens: Products are purchased online using stolen credit cards--often with identities that have been purloined by phishers--and shipped to your address. You then reship them to the thieves, who will fence them overseas. Or you're transferring stolen funds from one account to another to obscure the money trail.

The risk: Sure, you can make big bucks for a while. But after a few months, you're going to look inside your bank account and find it cleaned out. Worse, when the feds come looking for the scammers, you're the one they're going to nail.

The question you've gotta ask yourself: Why can't these people receive their own darn mail?

Monday, November 22, 2010

'Net Scam #3: 419 Letter

3. Nigerian 419 Letter

The setup: You receive an e-mail, usually written in screaming capital letters, that starts out like this:

"DEAR SIR/MADAM: I REPRESENT THE RECENTLY DEPOSED MINISTER OF AGRICULTURE FOR NODAMBIZIA, WHO HAS EMBEZZLED 30 MILLION DOLLARS FROM HIS STARVING COUNTRYMEN AND NOW NEEDS TO GET IT OUT OF THE COUNTRY..."

The letter says the scammers are seeking an accomplice who will transfer the funds into their account for a cut of the total--usually around 30 percent. You'll be asked to travel overseas to meet with the scammers and complete the necessary paperwork. But before the transaction can be finalized, you must pay thousands of dollars in "taxes," "attorney costs," "bribes," or other advance fees.

What actually happens: There's no minister and no money--except for the money you put up in advance. Victims who travel overseas may find themselves physically threatened and not allowed to leave until they cough up the cash. (FYI, "419" is named for the section of Nigeria's penal code that the scam violates.)

The risk: Serious financial loss--or worse. Victims of Nigerian letter fraud lose $3000 on average, according to the FBI. Several victims have been killed or gone missing while chasing a 419 scheme.

The question you've gotta ask yourself: Of all the people in the world, why would a corrupt African bureaucrat pick me to be his accomplice?

Sunday, November 21, 2010

'Net Scam #2: Phishing

I truly appologize for the large gap in my posts. As many of you may know, my wife has been pregnant for a while now...nine months to be exact. She has recently given birth, and, as of August 20th, we are the proud parents of Kathryn Lynn McValentine. Please excuse these gaps in posts, my dear readers, for I am back! If you recall, I am in the middle of revealing five of the Internet's most vicious scams.

2. Phishing Scams

The setup: You receive an e-mail that looks like it came from your bank, warning you about identity theft and asking that you log in and verify your account information. The message says that if you don't take action immediately, your account will be terminated.

What actually happens: Even though the e-mail looks like the real deal, complete with authentic logos and working Web links, it's a clever fake. The Web site where you're told to enter your account information is also bogus. In some instances, really smart phishers direct you to the genuine Web site, then pop up a window over the site that captures your personal information.

The risk: Your account information will be sold to criminals, who'll use it to ruin your credit and drain your account. According to Gartner, phishing scammers took consumers (and their banks, who had to cover the charges) for $1.2 billion in 2003.

The question you've gotta ask yourself: If this matter is so urgent, why isn't my bank calling me instead of sending e-mail?

Saturday, November 20, 2010

Top Five Online Scams

You might think Web surfers have started to wise up to Internet rip-offs. But you'd be wrong. Here's how scammers are trying to dupe you today.

After years of trying to recover from the dot-com hangover, the Internet is booming again. Online retail sales increased by 26 percent in 2005, according to comScore Networks. In September 2004, the number of domain name registrations hit 64.5 million--an all-time high. You know what else is on the rise? Internet crime.

Complaints about online fraud nearly doubled from 2004 to 2005, according to a December 2005 report by the FBI and the National White Collar Crime Center. Research firm Gartner estimates that nearly 10 million Americans were hit by online fraudsters last year--largely due to a wave of phishing e-mails seeking to steal users' identities.

In fact, phishing attacks seem to be the new, hot scam. Scammers send you an e-mail that tries to lure you to a legitimate-looking Web site where you'll be asked to enter personal information. The thing is, it's all fake; and if you fall for it, someone is ready to take your Social Security Number and start opening credit card accounts.

The FBI recently began warning people of scammers posing as tsunami-relief organizations. And late last month, the FBI warned that someone out there was even posing as the FBI itself--sending a fraudulent e-mail with the subject line "FBI Investigation" and trying to lure people into buying products from a separate, fictional scam artist whom the Feds were supposedly on to.

Confusing? Sure. But just ask yourself this: When was the last time the FBI sent a polite e-mail when they wanted someone's cooperation in an investigation?

Thousands of con artists, grifters, fraudsters, and other denizens of the dark are trolling for victims online. Can you recognize online fraud when you see it? Over the next 5 posts I'll provide you all with a quick guide to the Top 5 scams and schemes you're most likely to find on the 'Net. Here's the first one:

1. Auction Fraud

The setup: Online auction fraud accounts for three-quarters of all complaints registered with the FBI's Internet Crime Complaint Center (formerly the Internet Fraud Complaint Center). There are many types of eBay chicanery, but the most common one is where you send in your money and get nothing but grief in return.

What actually happens: You never get the product promised, or the promises don't match the product. The descriptions may be vague, incomplete, or completely fake. One scammer accepted bids for Louis Vuitton bags that she didn't own, and then scoured the Internet looking for cheap knockoffs that cost less than the winning bid. She managed to collect at least $18,000 from bidders before she got nailed. A buyer thought he'd purchased a portable DVD player for $100, but what he got instead was a Web address for a site where he could buy a player for a $200 discount. The stories are virtually endless.

The risk: You get ripped off, losing time and money. If you spill the beans about the scam, the seller may retaliate by posting negative eBay reports about you using phony names.

The question you've gotta ask yourself: Who in their right mind would sell a $200 bag for $20?

Monday, November 15, 2010

Secret Affiliate Weapon Review

Is the Secret Affiliate Weapon the Real Deal or Just Another Over-Hyped Internet Business that Never Really Delivers?

Ewen Chia has done it again with his Secret Affiliate Weapon membership site. In this Secret Affiliate Weapon review I will list the pros and cons of this affiliate business opportunity.

Despite all of the hype on the internet there are just a few proven ways to make money online. Affiliate marketing is one of them. If done right affiliate marketing can make you a fortune. Well, Ewen Chia is one of these people making a fortune online as one of the Internet's super affiliates and now he is sharing his secrets with everybody.

Secret Affiliate Weapon is advertised as an easy way to get started in affiliate marketing. Easy enough for a "Newbie" to start making money right away. I really didn't think it explains affiliate marketing simple enough for a person that knows absolutely nothing about the internet to start raking in large amounts of cash. Don't get me wrong, he has put together an easy to follow plan that anyone can follow, but I think he overestimates most people's knowledge of Internet marketing. He shares his own proven marketing system that will generate a ton of cash, just not as quickly as it is promoted.

All in all, Secret Affiliate Weapon is as advertised and even more!

The membership is extremely cheap for the information that you receive. A lifetime membership is an amazing one time cost of only $9.97! I was amazed at the information he supplies. A few are listed below:
  1. A member's only blog that he packs full of affiliate marketing tips and tricks.
  2. All of the tools you need to promote any type of affiliate program.
  3. Several affiliate marketing articles and tutorials, including a video tutorial on how to get started making money quickly.
  4. He even offers up to 5 ways to earn income by promoting Secret Affiliate Weapon yourself.
There is a ton of other information available when you join, more than I have room for in this article. When I first joined I thought Secret Affiliate Weapon would be just another over-hyped internet program that lacks any real support to help people make money. I have to admit that I was wrong! Ewen updates this program continually and provides a great support program.

If you are looking for a business opportunity then I would highly recommend Secret Affiliate Weapon. In all my years marketing online this is one of the few programs that delivers as promised.

Friday, November 12, 2010

Planning: An Internet Marketing Strategy Many Site Owners Overlook!

Planning just might be the most important Internet Marketing Strategy you will ever use.

Your Internet marketing strategy should include time in reading about all the marketing tools you are planning to implement on your site. Any great strategy is going to involve various types of tools all at the same time for a great overall effect on how your pages are ranking in the search engines and how your customers perceive your business online in the first five seconds they stop at your site. A visitor to your site is just that, a visitor. To increase business you want to turn these clicking visitors into buyers. You have to have a strategy to keep their attention, to talk to them more than once, and for them to visit your site more than one time.

A good strategy is going to first involve planning what you have to offer, and how you are going to offer services or goods. A solid method in delivery is very important in your overall marketing strategy because you will also tell the market about what you have to offer, how they can get it, and how the transaction is completed.

Each page if your own door to the Internet. What many online do not realize is that with improvement to the Internet and with keywords, search engine ranking and such, a visitor could be entering your site on the sales page, on the article page, or on the search page. Each page is unique and should be treated as best as possible for turning visitors to clients.

A great web strategy is going to involve one that you will know, and see the results, of what pages are being requested most often, and what potential customers are doing from that point. Are they then leaving the site, clicking on other pages, making a purchase or what? Use a strategy that will allow you to see where those surfers are heading right after leaving your site. This could be a cookie but cookies expire quickly and that still report to you what you need to know for marketing purposes.

In creating an Internet marketing strategy, you will need to set goals for your site. That you will not spend money on advertising and on pay per click, but that you will use marketing tactics and techniques to get additional traffic and additional rankings so you get visitors that you can then turn into customers. First focus on setting goals which includes finding out about the tactics and tools you have the time, knowledge and ability to use on your site.

As you set goals, you should keep in mind that it would require a little work on your own part to find the best tools and Internet marketing strategies for your own site. Set goals such as working on one marketing technique per week. After a few weeks you will have implemented all the tools and tactics, you can for your web pages and for learning more about your web market.

Set goals in putting the information you receive from your Internet marketing strategies to work for you. Make it a point to review and read all the reports available with the use of your marketing strategies to find out where visitors are going, what they are seeing on your site, and how many people who are coming to your site are purchasing from your site. As you create a strategy for your site, and for your marketing strategies, you will take each step one at a time, and build a very profitable and thriving business online.

Recommended Marketing Gurus

I thought you might want to know a few of the most recommended Marketing Gurus on the Internet!

Ken Envoy - Ken Envoy has become one of the leading marketers online today. He has developed an innovative style and system that has surged him to the top of the Internet Marketing World. He is a Master at utilizing words and content to market web sites. His Site Build It website development software is the finest on the internet. Ken has a solid understanding of what drives the internet and how to successfully market in it.

Corey Rudl - How can you argue with $40,000,000.00? That is Corey's Internet Sales! He has the best selling Internet Marketing Course for 6 years in a row now. He is one of the leading mentors online and has a long list of successful students. Corey has not just raised the bar but set it in several areas in Internet Marketing.

Yanik Silver - The best copy writer on the internet! Yanik has compiled a new style of marketing and is quickly rising to the top of the internet world. He has proven himself by developing products that are highly useful to an Internet Marketer. They are not just fluff! If you are looking for someone to help get you on the way to internet success then Yanik is a great one.

Wednesday, November 10, 2010

The Method for Finding Deals on eBay

There are steps you can take to make sure that you are getting a great deal on the items you obtain through eBay. These same steps will also help to shield you against fraud.

Start with the auction in question. Make sure that you read every word of the description and the auction details.

Pay special attention to what the description and auction details do not say. For example, is a guarantee mentioned? Is the item new? Is it authentic? Is there evidence of authenticity? Look for auctions that provide the right information, and just keep away from those that do not.

Who will pay the shipping and handling costs? Often, the buyer pays these costs, but sometimes, the seller tries to charge more than the actual shipping and handling costs are. Be careful of high shipping costs, especially for items that will be auctioned off at a very low price. Note when the item is supposed to ship after the bidding has ended.

Don't make the mistake of bidding on an item merely because it is a 'good deal.' It is only a good deal for you if the item is something that you really want or need. A lot of people simply bid for the sake of bidding - or winning - without having any real need for the item in question. Before bidding on items that you do want or need, it's best to check prices around the Internet and the prices available from offline sources as well.

Learn more about the seller. What is their rating? Read their feedback page. Not learning more about the seller can be very costly. Sometimes scammers make their auctions sound like really great deals. Be cautious of prices that seem to be extremely low.

Sunday, November 07, 2010

Six Figure AdSense Publisher Shares How He Did It

Earlier in the week I was visiting a discussion forum (I don't remember which one) and came across a product that I wish I'd stumbled across in my first months of blogging (and not now 3 years later). It's called AdSense Videos and it's produced and presented by a British AdSense publisher by the name of Michael Cheney.

Michael earns over $19,000 USD per month using AdSense (that's more than $600 a day) and has obviously spent a lot of time researching how to get the most out of the ad network.

In this product he's produced a series of 9 videos that take you from the basics through to more advanced tips.


I like Michael's videos not only because he knows what he's talking about but because he presents in a non hyped up way. He also has a great balance between showing the potential that someone using AdSense can earn with it but also making it clear that it's not 'easy' money (ie. it takes hard work). He's obviously put some hard work into it himself (as he has these videos) and over time he's managed to build his earnings up from just a little a day (the way we all start) into well over six figures per year.

While I've managed to build my own AdSense earnings up to levels that I never would have
imagined I can't begin to imagine how much quicker I'd have gotten there if someone had put these videos in front of me three years ago.

So Who is it for?
I'm not going to recommend this for all AdSense publishers. If you've been in the game for a while you probably won't learn heaps from these videos. While I always enjoy hearing different publishers talk about AdSense (especially those who make good money) I didn't learn a lot that was new. However if you're at the start of your AdSense journey you might want to seriously consider the investment. It will also be good for intermediate AdSense users wanting a brush up or wanting to see how others do it.

The beauty of a resource like this is you get to see and hear someone explain their approach all in one place. Those critiquing resources like this will always say that you can get most of it for free online in forums and blogs - this is true - but here you get it all in one spot.

So if you're newer to the AdSense game or you've been at it for a while and want to hear and see someone who's using AdSense successfully head over to AdSense Videos and get yourself hooked up either with the full product or his free taste and see 5 day video course (which will give you a taste to help you see if it's the product for you.)

Saturday, November 06, 2010

Blogging to the Bank Review

Blogging to the Bank, was created by Rob Benwell who shares that 'ahah' moment with us. Like many Internet marketers he had been struggling to see some success when he struck that moment when something worked for him, and worked well.

Rob has discovered a way to use blogging to help him generate over $500 a day.If you have not yet gotten into blogging to promote your main website, or websites, this ebook can be invaluable. For a guy who didn't finish school, Rob has a knack for teaching.

This is a short ebook. Only 39 pages, but it is filled with good easy to follow information. There are lots of screenshots and he walks you through the process of setting up your blog and getting the settings right. Blogging to the Bank also includes information on optimizing your blog.
What blogging techniques will you discover?
  • What to name your blog
  • How to optimize your blog
  • How to get the settings right in your blog
  • What templates work best for blogging
  • What space on your blog is the best money producing spot
  • How to select affiliate products that will make your blogging profitable
  • Where to place adsense on your blog
  • How to get traffic to your blog quickly
  • How to get lots of backlinks through blogging
  • Special unique advanced blogging techniques to get massive traffic and links and increase income potential many times over
The key here, is how he goes about setting up each blog, optimizing with keywords and the linking of his blogs. This is a specific system. Unlike many marketing products that just give you an overview of some technique and then leave you on your own to figure it out, this gives you the steps for setting up each blog and then walks you through the system.

Anyone marketing on the Internet for a while knows that blogging can be a way to bring traffic to a main website and increase search engine rankings. And they can be an extra source of income, or even your main source. With these blogging methods you can accomplish both. This concept is not exactly new, but he has taken it to a whole new level.

$500 a day may not be a lot to some people, but consider, he has not been using this blog system for a long time. I'm sure that figure will skyrocket in the next few months for him, and a lot of others who put his Blogging to the Bank methods into practice.

Two of the strategies in Blogging to the Bank are, I admit, a little scary. In all fairness, Rob does warn you to think about whether to use them or not.

I had a little trouble warming to his method once I read these strategies in the book. So I re-read it and still think most of his blog strategies can be used even by us timid folk. And the scary ones can be toned down to meet our particular threshold for risk.

The price of the book is reasonable. It comes with three bonuses including a large list of high paying keywords. It has a 60 day guarantee. For the income producing information you'll discover it is a good value.

In his Blogging to the Bank strategy Rob recommends using Blogger which is free, and tells you which two templates have worked best for him.

Discover more about it or claim your copy of Blogging to the Bank.

Thursday, November 04, 2010

The Latest Email Scam Is Nothing New

This post is an answer to one of my reader's question. Keep the questions and comments coming...I'm always interested in what you really want to be reading here.

Q: I recently received an email that supposedly came from eBay that said someone had attempted to log into my eBay business account without authorization (whatever that means). The email instructed me to click a link to re-enter and confirm my account information to make sure that my account had not been hacked. Being naturally paranoid I contacted eBay directly and found that my account had not been hacked and that this email was actually from someone trying to steal my eBay account information. Is there nothing that can be done about this kind of thing? -- Wesley C.

A: The only thing you can do, Wesley, is be thankful that your paranoia kicked in because you were about to fall victim to just one of the latest attempts by thieves to steal your personal and credit card information.

As you discovered, the email you received was not from eBay, but from someone using a forged email address that gave the impression that the email was really from eBay. If you had clicked the link to "re-enter and confirm" your personal and credit card information, you would have been taken to a website that probably looked a lot like eBay, but was really a fake site created for the sole purpose of stealing your information. You would have been instructed to enter your eBay account information and other personal information, including your social security number, checking and savings account information, driver's license number, and credit card number. In the end you would have supplied the thieves with everything they need to steal your identity.

The eBay scam is just the latest in a long line of sophisticated attempts to steal personal information through online means. Customers of PayPal, Amazon, Dell Computer, eTrade, Bank One, and many other online merchants have been the target of such scams in recent years.

The shear number of eBay customers is the main reason that eBay has become the most popular target of scam artists trying to steal personal information from individuals and businesses alike.

As we talked about in an earlier post, thanks to the Internet, stealing someone's identity has never been easier. At any given moment, there are thousands of Internet thieves using all manner of high tech wizardry in an attempt to steal personal and business information from unsuspecting souls, and many times they can gain access to this information simply by asking the person to provide it through fraudulent means, like a fake email.

While most people are familiar with identity theft, most business men and women never think about it happening to them, at least on a professional level. Consider this: if a criminal can learn your business checking account number or the number of your company credit card, they can steal far more from your business than if they had simply knocked down the door and carted off your desk.

Here are a few ways to protect you from business and personal identity theft:
  • Never give out your first name, last name, business name, email address, account passwords, credit card numbers, bank account information, PIN number, social security number, or driver's license number.
  • Change your online account passwords every 30 days. Believe it or not, a hacker who steals your personal information can often guess your online account passwords in about two minutes. If your Charles Schwab online account password is your birthday or the name of your first born or family pet, count on a hacker cracking that code faster than you can say "Open Sesame."
  • Never provide personal information in response to an email or telephone call. Just because someone calls and says they are from Dunn & Bradstreet and need to confirm your business information does not mean they are really from Dunn & Bradstreet.
  • Never give your business credit card number over the phone to place an order with someone who has called you unsolicited. If you are interested in what they are selling get their number, check out their company, then call them back to place the order.
If you think that you have become the victim of identity theft or think someone is trying to steal your identity or personal information you should report them immediately to the Federal Trade Commission. You will find more information on their website at http://www.consumer.gov/idtheft/.

For more information on what to do if identity theft happens to you visit http://www.privacyrights.org/fs/fs17a.htm.

You should also remember that no reputable online company will ever ask you to log in and completely re-enter your account information. Think about it. They already have this information. Why would they ask you to provide it again? The answer is: they wouldn't.

Be careful out there.

Here's to your success.