rates of return in a short period of time . Most of them claim to be private investor clubs and they say that they get most of their profits from financial trading and investing .
Some of these companies seem legitimate but many are pure scams . Discretion is recommended to anyone who chooses to invest on these programs . Some offers are so unbelievable that they are simply that : unbelievable . Remember that “ if something sounds too good to be true it probably is .”
When you visit the forums you can read how many people lose money on these programs while others claim that they paid for their vacations or something else with the money they got from one of these programs .
Many high yield invest ment programs are short lived . They disappear quickly ripping off many investors . Others tend to be more stable . Typically I have seen that those companies which offer more reasonable returns like 1 % - 2 % profits daily tend to be more reliable and last longer .
Anyway , the reward on this investment can be big , so the risk is also big . Discretion is recommended . Avoid anyt hing t hat sounds like a game , pyramid or gambling .
6 . Online Auct ions .
Online auctions can be a good source of revenues . You can sell virtually anything on t hese auct ions . Who doesn ’ t know about e-Bay ? Almost everyone on t he civilized world knows about it . E-Bay is not the only one though . Stormpay is a good player too and there are many others .
The idea is to get good quality products at the lowest possible prices . You can achieve this by getting to know the best wholesalers for the products you are trying to sell .
If you can buy bellow wholesale price and then sell the items individually you may realize a nice monthly profit by doing that . Some people ’ s main source of income are online auctions and they make hundreds of thousands of dollars per year . Another way to make money with online auctions is to be a dropshipper , which I explain bellow .
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