Why not take the risk of investing?
By rhodzptc
@rhodzptc (1317)
Philippines
December 25, 2012 7:10pm CST
I have been here in mylot for not so long but I have seen many members in this section "make extra money" and "earn money" are keep asking of different earning sites or some were asking how to earn money fast. Other are looking for sites that could offer them good incentives more than a cents that they could earn from PTC and mylot. Mylot have been a very good sites for me to earn but apparently there are a lot more sites that I need to focused my time and that is online investment. Many of us doesn't believe in online investment because most of them are scam but there are few sites out there who are trustworthy most specially if you meet the owner of the sites personally. Now my question is why is that you don't wanted to take a risk of investing if you really want to earn money enough to sustain your monthly expenses? Remember this that we online investor only invest what we can afford to loose that is how we take the risk. When we invest in one site we open our minds that sooner or later the site will turn into scam so we better break even early before it turns out into a scam.
1 person likes this
11 responses
@BetterDays4Me (3777)
• Philippines
28 Dec 12
I agree aerous. That is why the number 1 important thing in investing money is to join only legit and paying sites. Nobody wants to lose money, but in investing there is a saying that 'no risk no gain' so it's not really for everyone.
Investing really takes risks, and if you could learn how to manage those risks in such a way that you win more than you lose, then I believe you will be on your way to a much better income in a much faster time. For others, it would lead to their being wealthy.
@TeamCholent (2832)
• United States
26 Dec 12
Why invest in a site when you can invest in a company with physical assets? All this talk about HYIP is driving me mad, let us discuss real investments as determined by law .
When you invest in a real company that has a product and services you are able to be rewarded with dividends when the company does well never mind the value of your stock goes up. Why give some strange person your hard earned cash when you can shift it to a well established entity.
Disclaimer: Not all stocks yield positive results. Invest what you can afford to lose only. Don't be greedy and do your own research before choosing a stock.
@rhodzptc (1317)
• Philippines
26 Dec 12
Well there is actually sites for those they offer a real investment for a real company and that is exactly what I'm saying "invest what you can afford to loose". Some company stock cost much as you can afford to loose so if you want to resort to something that is less than those then why not try.
@cobalt20 (1318)
• Philippines
26 Dec 12
I am not really new when it comes to investment sites especially Hyip sites. I lost about $16 in those HYIP sites. So, it is my lesson to be learn when it comes to investment sites. Now, I am about 50/50 to earn or invest in those investment sites.
@BetterDays4Me (3777)
• Philippines
28 Dec 12
I think losing some is part of investing and this will allow us to have better judgements about which sites work and which ones are most likely to disappear. Reading and researching a lot is most important before joining any site. I myself have lost some but in the process have learned a lot and I am now gaining a lot more than the lost investments I had in the past.
@art719pinoyguide (342)
• Philippines
26 Dec 12
Investing online is totally a risk move. But if someone known by you personally urge you to join in an online investment then why don't we give it a chance if he or she has proven that he or she become successful in this program. Searching site online to join for investing is not advisable since there are so many scam sites there.
@sanjay91422 (2725)
• India
26 Dec 12
I think there are so many offline investing programs that we it seems to be the last option to invest on the scam online programs. There are online methods of buying the stock market shares, that is what we can do if we really want to invest the money online.
I think there is no such money like "which we can afford to lose", all money is important and if it is earned with hard work then it is not affordable to lose it.
@venkataraman_vc (5293)
• Chennai, India
26 Dec 12
I get what you mean, but it should be read otherwise. I would interpret "afford to lose" as "taking minimum risk". If we think all money is important and keep it without investing anywhere, the chances of growing it is very less. (Bank deposits - I don't consider them as growing. They just compensate the inflation.)
@wealthymouli (710)
• India
26 Dec 12
Venkartraman ji, you are right, any moneys that are kept idle is just another bundle of cut sheets. Only when you convert it into goods, shares, or accessories to give services to people - customers - needy, it will give you returns. Like I know one person, who invested in an equipment that detects certain problems in human body, and he took it to his friends' offices and detects his friend's and their subordinates during lunch time, and charges a reasonable amount. In this way, he made daily some 800-900 rupees. Another one, in a famous MLM - product based, who are leading brand now, daily morning go to office, purchase some car washing or floor washing liquid and other toiletries visit any area and enter some office, makes his sale, note down the customer data. 2-3 times he rotates his money daily. No.1 in sales, without team in his network.
Sanay even in share trading, intraday or future optins will be much more risky. But one is able to keep cool on his temperament and does with specific strategies, winning here in share market is of course AN EASY DEAL.
@sanjay91422 (2725)
• India
26 Dec 12
I was talking about the share market, where we buy the shares of the public companies. If one has a good interpretation of the anticipated value of the shares of a given company then earning fast money is not a big deal.
@ARIES1973 (11426)
• Legaspi, Philippines
26 Dec 12
Hi rhods!
As you mentioned most of those sites are scam and only few sites are trustworthy. So this maybe the reason why people are afraid of investing their hard earned money online. I am one of them. I have few investment but not online. I've joined two online investment sites which was recommended by fellow Filipinos but until now nothing happens. So I already made up my mind not to entertain these kind of opportunity as of now. Maybe I have to study more about it.
So I must as well invest my time in writing which is my priority for 2013.
Have a nice day!
@rhodzptc (1317)
• Philippines
26 Dec 12
You said you have invested in some online programs that our fellow Filipino endorsed to you? I guess it is only a matter of choice right? You made a wrong choice, but have you tried to research? I guess no! I can invite you to join our facebook group from there you will find all the good sites that most us Filipino's spend their time to earn great money. This is one thing I've learned from my years of doing business online. Make friends whom you can meet personally.
1 person likes this
@ARIES1973 (11426)
• Legaspi, Philippines
26 Dec 12
I cannot say that I made a wrong choice. I can't say also that their site is not legit. It might be that this kind of activity is not for me. I have to invite more people to do the same as I do, so I find it hard as I don't know how to convince other people to join investment sites when in fact I even have a hard time convincing them to join my free sites.
Thank you for the invitation. I'll have to think about it first.
Happy new year!
@fearlessgara (1113)
• Philippines
26 Dec 12
I also become victim of my co Filipino who are founder of site. I invest there amount of $1.something equivalent to 50 pesos in Philippine money. I do researched on that that was new and I saw some members was paying.I refer and I see my referral in a short time is almost or more than 20 people and you see for small amount it says free member only I have no commission while in the fact many inquires me how to pay there. since they will pay in that person only he is a guy from province. so i was concluded that he puts that referral as my down line.but he puts as he's download. and now when I see my referral list there is no referral all my referrals are gone. you see how greedy some networkers for money I also tried offline networking even legit it turns to scam because of the other upline which i had who are gold digger and only think of themselves on how to make money and not to help others too have a good life. You will be attract with their words how sincere they are but once you already invest even I meet the owner of this offline company but because of this members who have stolen my point and he turns out into cash.I was become inactive in this company because I am under him.and you see now my 3rd on is to be a victim in this 50PESOS investment for online business seems like pyramiding .and now it still exist and continue to make victims.
@venkataraman_vc (5293)
• Chennai, India
26 Dec 12
The attitude of most people who want to earn is, they are looking for job, not any business. This attitude is what that makes them ignore options that require investment or purchase.
On the other hand, people who are willing to make some investment are not ready to work for growing it. That's why they go to some scam sites which promise to multiply money for just investing. (Finally they get scammed and call every program which require investment to be scam. That's a different story.)
I would very much stand by the sites that have some real product or service, though they need investment and work, for they are at least capable of sustaining for a long time.
Easy money - is not anywhere.
@AkamaruKei (5219)
• Malaysia
26 Dec 12
Why we dont believe online investment? Because we dont want to lose our money if they cannot pay us like they promise. I know they are some online investment is legit. We must do some research before we invest in some online investement.
@deiusz (193)
• Indonesia
26 Dec 12
i think before we invest our money we have to know what kind of that invesment, reputable company? have real proff for payment? are they honest?
there are some great online invesment, but still there are risks, like high risks high gain.
Back to the invesment type, we should checked first what is that and how it work? like stock, option, forex? let you know what you are doing ... more gain more risks !!