By: Rickie Hilfiger

Rickie Hilfiger — Tue, 12 Apr 2011 08:17:00 +0000

Hands down, a very knowledgeable site. Hope the OP doesn’t mind if you put in my two cents on investing and making money in general. I’ve got a work experience in sales and trading so I’ve seen a LOT of people lose their money. Though right now, I work in a hedge fund, I’d really recommend the slow-grow approach that’s written in the award-winning article by Delos Chang in NOVA. It argues the modest return of the S&P 500 and other mutual index funds. But more on making money now. Unfortunately, there is no good way for the average person to make money online. Almost all money making sites on the web are scams. Under no circumstances should you give any money making site your credit card number. Never sign up for any “free” service that is free for one month and then you have to cancel it to avoid credit card charges. You will find it very hard to cancel. The phone number they give you to cancel may always be busy, so you can’t cancel. They will often charge your credit card even after you think you have cancelled. Never give a survey site your bank account number or personal information. Many sites claim you can make money by filling out surveys or clicking on ads or some other silly method. They screw you around answering some surveys and then try to push the “free” offers that you have to charge to your credit card. One common trick they play is that they let you make 5-10 dollars easily. But their web site rules say you have to earn 40 dollars before they send you a check. To make the extra money you have to participate in “free” offers. I have played around on some of these sites and it always come down to them wanting to get your credit card number in the end. Don’t let them. Just invest in a mutual index fund unless you REALLY know what you’re doing.

Comments on: Auer Growth puts BUY recommendation on Netsol: CBS Marketwatch

By: Rickie Hilfiger