Do you reinvest the money you got from MyLot?
By ethanmama
@ethanmama (1745)
Philippines
12 responses
@lordwarwizard (35747)
• Singapore
16 Apr 07
I don't really reinvest the money. It is too little to mean much. I just add it to my expense account... :(
@ethanmama (1745)
• Philippines
16 Apr 07
Well, my friend, thanks for being the first to respond! The fact that mine earning's much much smaller than yours(17 dollars only compared to your more than 70 dollars :P) makes me think that investing it might make it a bit bigger in the long run. Maybe in online program (investment programs?) that pays....I dunno. :) But I will have to hear from people who've actually done it and earned from doing it :).
3 people like this
@BrainTeaser (1428)
• Pakistan
16 Apr 07
Well i havent got paid from Mylot yet but i will certainly go for investing in some hyip or autosurf program as i know plenty who are honest and paying , i have invested money which i earned from other forums in two hyip programs the return is not that high but they are paying and not scamming me and thats what i want no scamming with my money even the return is just ok still i am incresing slowly and steadily.And i advice you to do the same, dont go for very HIGH yielding programs almost 99.9% are scams so try old steady programs and do invest all the time.
4 people like this
@moreinfo (3865)
• China
19 Apr 07
yes, i am a little crazy on online investment opportunities.
i accumulate funds earned online, and spend all online except my daily needs.
actually, now i have been investing with profits already.
@moreinfo (3865)
• China
21 Apr 07
thats good, but far more not enough.
how to earn more, accumulate more funds?
how to promote your good programs?
how to protect your funds and keep your funds growing?
if one of two programs fail, whats the best substitutes?
whats your other streams of online income?
1 person likes this
@ethanmama (1745)
• Philippines
23 Apr 07
Well, I'm just beginning and at the learning stage. Perhaps you can teach me? :)
1 person likes this
@ethanmama (1745)
• Philippines
21 Apr 07
That's what I'm trying to do right now. I spent 10 dollars (only, that's the risk I'm willing to take right now) in two programs to see how it goes. The money came from my e-gold account, which contains the money I earned from MyLot for the month of March. Hopefully, if and when I get my principal, I'll reinvest the profits. If it doesn't work out, well, ten dollars is something I could miss, I suppose.
1 person likes this
@thatcrazyqbanita (3312)
• United States
16 Apr 07
invest and make more from it than if you had acually just taken it out.
2 people like this
@ethanmama (1745)
• Philippines
19 Apr 07
That's my idea actually, especially since it's not really a big amount. I was thinking maybe to let it grow a bit. :)
1 person likes this
@andak2007 (3229)
• Philippines
17 May 07
i have not received my payment yet and im slowly trying to reach the minimum..actually i am planning to buy my favorite pizza with my earning, i do not like to reinvest my first earning because there is this tendency i might get scammed( it happened to me before)id rather buy it with my favorite pizza at to really taste the fruits of my labor, and then to eat back what i poured out, man its not easy posting in discussions here you know!LOL!
1 person likes this
@charms88 (7538)
• Philippines
18 Apr 07
That's one of my dilemma too, ethanmama. My money is still with e-gold. Don't know how to cash it out. Someone suggested using the money to buy online products. But I prefer to get the CASH. I'm not sure about investing your money though. Like HYIP or something.
1 person likes this
@ethanmama (1745)
• Philippines
19 Apr 07
I completely understand this too. There's nothing like holding the money in your hands, especially if it is quite substantial. If you do decide to invest, you have to be prepared to lose it. Although I'm trying out HYIP, I did not use all my money, just a fraction of it. Am a risk taker but not that much of a risk taker.
In e-gold, though, I notice that the dollar value fluctuates because it's tied to gold. I would suggest that you sell your e-gold when it seems to be a little higher. You can sell it through this site since you're Pinoy: http://www.pinoygoldexchange.net/
1 person likes this
@erikbench (169)
• Philippines
19 Apr 07
yep, i agree.. you just have to sell your e-gold at www.pinoygoldexchange.net.. i just sold $97 worth of gold yesterday and they deposited the payment to my bank account outright..
1 person likes this
@marciascott (25529)
• United States
5 May 07
That is what I am going to do, soon as I get a hundred dollars I am half way there.
@Marie2473 (8512)
• Sweden
23 Apr 07
If u invest it you gotta be prepared to loose it as well. An investment is always a risk. I have the money stuffed in my paypal account and they will stay there untl i figure out what to do with them. Maybe do some shopping on ebay =)
1 person likes this
@ethanmama (1745)
• Philippines
23 Apr 07
Yes, that's right! If you invest any amount, you should be prepared to lose it all, too! It's a gamble, actually.
@whyaskq (7523)
• Singapore
18 Apr 07
I wished I can reinvest it. lol. What can I invest in with $13.85? lottery? The money is still in my paypal account. I am not able to cash it out due to some incorrect naming convention. It only it was $1385... I would be able to do some investment :P
@ethanmama (1745)
• Philippines
19 Apr 07
There are actually some HYIP that accept as low as 1 dollar placement and "promises" high returns. You do have to do due diligence though, and risk only the money that you can afford to lose, if it ever comes to that.
@erikbench (169)
• Philippines
19 Apr 07
i haven't reach $10 dollars yet.. if i do get paid, perhaps i'll save in in my bank account..
1 person likes this
@ethanmama (1745)
• Philippines
19 Apr 07
That's also an option. Just keep it and add to it as time goes by.
1 person likes this
@ethanmama (1745)
• Philippines
23 Apr 07
That's okay too. At least you get to enjoy the fruits of your labor.
