INVESTING NEWSLETTER THAT BEATS THE MARKET? I HAVE A BRIDGE TO SELL YOU

Let’s imagine the easiest way to make a bunch of money for providing virtually no actual value, having very little accountability, and having the capability to scale your scam as much as you could ever imagine.  Here are a few common “business ventures” that come to mind:

a) Virtually any of the top selling affiliate programs and ebooks you see on numerous blogs. You know, the “make money online” genre, “natural” remedies and cures, diet solutions and workout programs.  Why would so many blogs promote the virtues of ebooks and programs that are worthless?  Well, that’s what affiliate marketing is all about!  The crappier the program, the more they charge for it and then give an ever-increasing cut to bloggers for each sale!  Often upwards of 50%.  Many bloggers don’t really think twice about promoting horribly useless and often, harmful advice for lucrative payouts like that!  Why do you think those reviews are so convincing?!

b) Multi-level marketing of pretty much any sort. MLM is one of the most vile “business” ventures in existence.  You basically convince other suckers in your downline to be scammed into the same useless system you were just scammed into so you can leach off their exploits as well.  At the end of the day, the goods and services sold through MLMs are invariably overpriced, useless and misleading and a few people at the top get rich.  Within months, the vast majority of all the “suckers” realize they’ve been suckered, they’ve run out of other suckers to recruit, and they quit with loads of time wasted and dollars spent.  Usually, they don’t talk about their lousy experience because they feel so ashamed for enthusiastically promoting something within their social circles and family members only to bail after such a short period.

c) Investment newsletters. Really?

Continue Reading Why Investment Newsletters are Scammy Rippoffs…