Remember back in the 1990s when a lot of people either retired early or became wealthy? It was relatively simple. With stock prices going up, up, up, I knew a lot of people who simply invested part of their paychecks. They ended up with several hundred thousand dollars in profits from their constantly rising stocks.
I knew others who had already amassed several hundred thousand by the time the stock boom came along. They were millionaires by the time the 1990s ended.
Ah yes, those were the days. Today most people will tell you it's a lot harder. Stocks don't seem to do much any more. You have to invest in risky emerging countries to see much return. And that chance can evaporate overnight taking your money with it.
When the stock market won't bring you any return, most people turn to real estate. But housing prices have peaked in most cities, meaning you can't just buy a house and sit on it for several years to earn a fat nest egg.
So does that mean we have to give up on ever getting ahead and just learn to be satisfied living the "average" life our jobs can provide?
Not necessarily. These days you have to think differently to get ahead. For example, you've noticed how manufacturing and jobs are heading out of North America to foreign countries. That's bad news for many workers, but it's GREAT news for some segments of the Foreign Exchange Market.
You see, when we buy products from China, or Japan ships products to England, all kinds of currency has to change hands and be converted. There is BIG money in that process.
FOREX, the foreign exchange market, handles 2 TRILLION in transactions EVERY DAY. That's far more money than what Wall Street handles. Just about anybody can jump in and pull out quite a profit for themselves by participating in the FOREX process.
Does all this sound a bit new to you? Most North Americans have heard very little about FOREX. They've got BILLIONS of dollars sitting in savings accounts and low yield investments that could make them a LOT more money in the Foreign Exchange Industry.
If you're thinking helping all those millions get their money transferred to FOREX is a HUGE opportunity ripe for the picking, you're RIGHT!
I hope my article has opened your eyes to some of the terrific opportunities that are being created now. Rather than looking back to the good old days of the booming American stock market and waiting for those times to return, refocus your attention on what is really happening right now. Your fortune lies in seeing more clearly the awesome opportunities at hand.
50cent Get Rich Or Die
All the same, cash gifting is not a get-rich-quick activity. It is the kind of activity where you want to participate for the long term, with full understanding that it is not a miracle formula and work is definitely required to achieve success.
That said, cash gifting is definitely one thing: get-rich-quickest. Not quick: quickest. What a difference three letters make! Of all the opportunities out there, follow what path you may towards financial freedom, this opportunity will help you accomplish your goal much faster.
It's all owing to how the cash gifts are distributed.
For starters, with cash gifting there is no company or organization or club claiming a percentage of the gifts. There is no company or organization or club period. There is also no one above you once you qualify to receive gifts. No fat cats claiming their cut directly above you or on any level above you. Once you qualify to receive gifts, gifts are received in full directly by you and you alone.
Legitimate cash gifting programs subscribe to a system called "1up", which is monitored and updated by tracking software. With a 1up system, you begin by sending a cash gift to the person who invites you to participate. When your gift is received, your inviter logs in on the tracking software's website and acknowledges having received your gift. At this point, you are officially "confirmed".
Programs offer levels of participation-- but these are not levels of accomplishment, or ladder steps to climb. Rather, "levels" refers to the cash amounts you give. With top-tier programs, the most common levels of participation are $500, $1500 and $3500. For each level for which you are "confirmed", you must give up your very first person (the 1up). The person who invited you receives your first person's gift. Once that happens, your inviter logs bag in to the tracking software and acknowledges that you have sent a gift from your first person. The software marks you as "qualified" you to receive gifts.
Now picture yourself as an inviter. You receive a gift from a new participant. As well, you receive a gift from the first person that your new participant enrolls. Now that first person given to you must repeat the process in order to qualify to receive gifts. So you receive a gift from the first person that they invite. And so the process continues potentially to infinity, provided that each person given to you succeeds in promoting the activity and inviting new team members.
Compare that with paltry commissions of affiliate marketing and complex payout matrices of multi-level marketing programs. The benefits of the 1up system become obvious, but please note that not all cash gifting programs offer a clean 1up system. Variations include 2up, 1up + percentage, and worse. Do your research before you join any cash gifting program. Essential to experiencing the full potential of cash gifting is joining a program that offers a clean 1up system!
Both Denson Kelley & Joseph Love are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
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