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
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
