Money Making Schemes

Nagesh answers:

Well, this is no get rich quick scheme, but you can do it while working on other stuff. If you can write at all, just write and post here at http://www.xomba.com/referral/77798e63 Get an AdSense ID and start earning as you build up content. There are only a few people that make a living off of it, but as you build up content you’ll earn some extra cash with just a few minutes every now and then. (Of course the more you write the more you can earn). It’s free and easy to do. It’s also fun once you start seeing the pennies and then the dollars trickle in! The posts get indexed in search engines quickly and who knows, you might get lucky with something that ends up getting lots of hits! We all hope for that gem!

Nagesh answers:

Xos its all a big money-making scheme….they wldnt eva let u hav free txts!!!!!

Nagesh answers:

Unfortunately, the previous answers are completely incorrect.

The majority of Mutual Funds in existence are open-end funds. What that means is the fund manager is free to issue new shares each time a new investor makes a purchase. When you buy shares of an open-end mutual fund you are receiving newly issued securities. In effect, the manager has taken the money you give them and purchased new shares of all the stocks and/or bonds held in the fund, thus expanding the funds “assets under management”. Since these shares are newly issued, regulations require them to give you a new, unmarked prospectus.

Open end funds do not “trade” on an exchange. They are issued and redeemed by the mutual fund company itself. This is also why they are valued only once a day, at the close of business and their share price reflects the Net Asset Value (NAV) of the funds holdings..

A Closed End fund is a mutual fund where at the initial offering, the manager issues a set number of shares into the marketplace. Further issues of shares are done only rarely and usually only to institutional investors or in large blocks of perhaps $1 million worth or more. CEF shares DO trade on the exchange. When you buy a CEF you are purchasing it from another individual, as opposed to the fund company itself. Because of this you are NOT required to receive a prospectus. Since CEF’s trade on an exchange, their share price is updated throughout the trading day. CEF’s have another feature that differs from Open End funds; They can trade at either a premium or a discount to their NAV. In other words, if the sum of the value of all the stocks and/or bonds held in the fund, divided by the number of shares issued, gives the individual shares a NAV. But since the shares trade on an exchange, traders are free to bid the price higher or lower than the NAV. As a general rule when purchasing CEF’s, one should look for funds that have a appropriate portfolio for your purpose and are trading at a discount to NAV.

Nagesh answers:

You can only get the amount you are eligible for. Unless you have a hidden source of funds you won’t be able to get enough money to do this ridiculus scheme.
This scheme is not illegal per se but…its only illegal if you have to lie to get this money

Nagesh answers:

I tried over 15 opportunities in the course of 2 years so I have some great information for you plus a list of top 10 work at home scams!

I am a mother of two little girls who are actually tugging on my arm as I write this so I will try to be brief. Many people are looking for work from home companies. All the scams definitely create a big problem but also, there is a problem of people misunderstanding the difference between work from home “jobs” and work from home opportunities. There really are not work from home “jobs”. To get that you have to start working for a company in their offices first, then they MAY allow you to take the job home.

Most of the work from home opportunities that are legitimate offers are not an hourly pay type job. They are business opportunities that help you in starting your own business from your home. What you should do first is to decide if you are simply looking for an hourly rate type job or if you are looking for more of an opportunity for additional income such as what you would make in your own business being your own boss from home. Small home businesses have some small costs involved, less than $500 to start is reasonable and I would stay away from those wanting $1000-$5000. It doesn’t cost that much to start and run a home business so you shouldn’t pay it.

If you are coming across places that say free then I would RUN don’t walk the other way! They never are. I tried them many a times and 3 weeks later I had to buy this and 6 weeks later that. After 6 months these “free businesses” had cost me over $800 on average.

After trying 15 things I now work about 18-25 hours per week for a National Medical Healthcare Company. This is a nationally known and reputable home business which is what you need to make sure you are looking for. I have been with the company almost a year and a half now and I make over $4500 a month! In your first month, depending on how many hours you can work, I have seen people make anywhere from $500 to over $2500. And your income will increase each month because you get paid residual income as well.

The best part is they have 401(k), direct deposit, life insurance and a benefits package most of which you get from day one. In addition, there are no products, no hard selling or pushing, no cold calling, no home parties and no telemarketing! That was VERY important to me. I absolutely love working with them and I can’t believe I am making what I am making and in so few hours per week. The neat thing is there are other people on your team that you work with so you are never alone. You have great team support and you get to know the other people on your team pretty well.

I was a bit apprehensive at first because I know a lot of companies are not legit but this company is the number one National Medical Benefits Company in the US. They are a member of the US Chamber of Commerce, and the National Association of Dental Plans and the owner of the company actually sits on the board of The Consumer Health Alliance to which we are also members. Also they were featured in “The New York Times”, “Wall Street Journal” “Time Magazine” “American Medical Review” and even in the May 2008 issue of “Parents Magazine”. Even “60 Minutes” did a big special on this home based business.

Even more then all this is they are accepted at over 100,000 retailers nationwide. These are fortune 500 companies like Sears, Target, K-mart, Rite Aid, CVS, Wal-mart, Publix and more. These companies would never work with a company that was anything less than reputable.

You can research the company at www.workathomeplus.net

TOP 10 WORK AT HOME SCAMS:

10. Craft Assembly

9. Medical Billing

8. Email/Rebate Processing

7. “A List of Companies Looking for Home workers!”

6. “Just pay for and take this class first” Then we’ll give or find you a job!

5. Typing At Home / Data Entry

4. “Turn Your Computer Into a Money-Making Machine!”

3. Pyramid Schemes (this is NOT the same as Multi-Level Marketing MLM)

2. Chain Letters/Emails (“Make Money Fast”)

1. Envelope Stuffing

Please beware of these scams. There are some legit home businesses out there so be careful. Look for companies in business over 10 years. Look for companies with a needed product or service, something you would be proud to represent. Look for companies that have a national reputation and are members of the US Chamber of Commerce.

As for those of you who say…..”I want to work from home but I don’t want to have to pay for anything”. Well, that’s great! But it will never happen. Let’s be honest, there is no such thing as a free lunch. If it is a true honest home business you need to expect to pay. Mr. Walt Disney didn’t start the Disney empire “without paying for anything”. Neither did Mr. Sam Walton, owner of Wal-Mart.

If you want to learn about REAL home businesses visit: workathomeplus.net

www.workathomeplus.net.

Good luck to you in your search. A