Update from Ricochet Riches ! What do you think ?

UPDATE ----- Ricochet Riches is effectively DEAD

Minerva Rewards

Minerva Rewards: It's about time somebody came up with something like this! Brilliant idea. Totally awesome.

How to earn at ISMmagic

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ISMmagic is one of the breeds of social networks that pay you just for being active on the site.

How Does It Work

You collect points for carrying out various activities on the site as follows:-

1 point for connecting with another member
1 point for writing a post
1 point for commenting on a post, photo or group post
5 points for creating a group
1 point for joining a group
1 point for starting a group discussion
1 point for adding a group bulletin

Full detailscan be found here.

These points are converted to cash at the end of the month when commissions are calculated. Currently, 1 point is around $0.01 but THIS IS NOT A FIXED RATE and changes all the time depending on the number of members participating and the amount of money in the Bonus Pool.

How Can I Get My Share Of The Magic Bonus?

All members are earning points all the time they are active on the site but only members who are upgraded to Wizard on the last day of the  month get their points converted to cash and receive a share of the Magic Bonus.

It costs just $20 a month to be a Wizard and share in the Magic Bonus. That is the lowest of all similar social networks that pay you for your activity without the need for referrals.

So, the first thing you want to know is, will I earn enough to cover my fee and make a profit?

YES!

You can earn a maximum of 4500 points a month from doing the activities listed above. There is no daily limit so you can log in and earn them whenever you have a free moment. Unlike some sites, there is no pressure to log in every day because if you don't, you will miss out on the points for that day and not be able to recover them.  We make it as easy as possible for you to earn your points at your leisure. You can earn them all in one day if you have the staying power! 

What could be easier and more enjoyable than earning money just for socializing? It sure beats clicking ads or surfing for cash! Some of our members are earning $40+ a month doing this! You could never do that at a PTC site without referrals.

Where Does The Money Come From?

$8  of the $20 monthly Wizard fee is paid into the Magic Bonus Pool and shared out between participating Wizards. How much of the Bonus Pool you get depends on your activity compared to the other Wizards but the more active you are, the more you will earn.

All members can check their current points and anticipated monthly income at any time by going here but only Wizards will receive the income they've earned from points so remember to upgrade to Wizard before the last day of the month so you get your share :)

Click the banner below to join and start having fun earning online today!

PIPs Springing Up Like Wildfire

So, if you thought that after all the restarts, makeovers, renovations of individual PIPs would stop the growth of new ones, well then like me you were wrong.

Passive Income Programmes (PIPs) continue to flourish on the premise that your 10$ will be turned into fortunes with no sponsoring !

While it is true you can make alot of money with PIPs you need to work them to make the money. There is no point sticking 10$ in a new account and then doing nothing.

You need a PIP strategy. I don't just mean for one PIP, I mean your whole PIP portfolio. There is no point joining 5 PIPs and purchasing 10$ in each of them and leaving it. Do you know the minimum withdrawal limit for your PIP ( It is often 20$ which is more than you get from one position maturing !!)

You need to accept that some of your PIPs in your portfolio will be be losers and you might not recover any money from that PIP. If you are unhappy with this fact , then DO NOT get involved with PIPs.


So back to your strategy...Firstly select your program carefully and even more importantly choose your sponsor even more carefully...You need to be sure that they will warn you / guide you of impending troubles if you are new to PIPs.

Secondly NEVER invest/purchase more than you can afford to lose.

Thirdly Get your Seed Money out as fast as possible. (Seed Money is the term for your initial investment).

Fourthly Do not just keep compounding and compounding. PIPs rely on the majority of the punters (yes you and me) reinvesting their earnings/profits. Whilst it looks good seeing your earnings go up and up and up, it does not good IF it is not in your bank account !!

That being said I love them :)

There are new ones springing all over the place. However join too many and you will never get ahead. You keep spreading yourself too thin and never accumulating an overall profit.

I review them as they come up and advise my recommendations accordingly....

So what is your PIP strategy? I have mine and feel free to contact me to know it:)

Hasta pronto from a beautiful sunny South of Spain, Ed