Wednesday, May 28, 2008

Can We Make Easy Money Online

Writen by Kum Cheng Liew

Are there any easy ways to make money online? My answer is yes and no. Some people claim that they make a lot of easy money. Some people warn that most of the programs that offer some kind of easy ways to make money online are scams. Below are my reviews and comments on some of the easy ways of making money online.

High Yield Investment Program (HYIP)
A HYIP is an investment program that will pay high interest in short period of time to anyone invested money or fund to the program. The interest and return offered by HYIPs usually rank from 0.5% to 100% daily, weekly or monthly. You can make fast and easy money joining HYIPs. However investing in HYIPs involve high degree of risks. HYIPs generally stay online anywhere between 1 day to 1.5 years. You could lose the entire or part of your principle if the HYIP you invested closes down. One strategy you can use to minimize the risk of lose is diversify your investment into several HYIPs equally and don't leave any interest in your investment accounts for compounding, withdraw them to your e-gold account or other e-currency accounts immediately. You can find HYIPs from those HYIP rank and monitor sites. HYIPinvestment.com is one of the largest HYIP rank and monitor sites. They provide a long list of HYIPs with latest comment, rating and payment status on each HYIP. If you plan to join HYIPs, invest only the amount you afford to lose because your principle and profit aren't guaranteed.

Get Paid to Sign up Program
Get paid to sign up programs seem working right now. You earn an amount of money ($0.50 to $50) every time completing a company's free or trial offer. Low paid offers usually are free to sign up whereas high paid offers generally require you to enter your credit card information during the sign up process. This type of earning opportunities usually available to US residents only. Treasuretrooper.com is one of the most popular get paid to sign up programs now where you can join for free and make money completing free and special offers.

Paid Survey
Taking online paid survey at home is another easy way to make money online as you don't need any special skills and knowledge to complete paid survey job. In order to increase the money you can earn, you need to join as many market research and survey companies as possible. However you can't expect how much money you will make monthly because you have no idea when a paid survey invitation will send to your mail box and how many invitation you'll receive monthly. Thus it is not an ideal way to make a wage but a great way to make some extra income for paying your monthly bills.

Alan Liew is the webmaster of online4income.com which provides information, tips and ideas of how to make money online. You can also visit his blog to find out more ways to make money online.

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