Make Money at Home: Cash for Surveys Review

This week I'll be reviewing the Get Cash For Surveys member site.  This money making idea involves filling out surveys for payment.  The idea is simple. Companies spend billions of dollars on market research to fine tune their products and advertising.  They outsource the market research to companies that specialize in gathering data.  And how do these market research companies entice consumers to complete their surveys?  They pay them.

The value in Get Cash For Surveys is the database of 100's of market research firms.  To begin making money you'll need to join as many of these firms as possible.  They collect some general information from you to determine your demographic and which surveys are most appropriate.  Some of these firms will immediately give you surveys to complete, others may take a couple weeks to begin sending them.  The trick is to join as many of these companies as possible.  This will ensure that you will get a steady stream of surveys.  I recommend dedicating an email address just to joining these companies.

Surveys pay anywhere from a few dollars for a 3 minute survey to $100 for an hour survey.  This is certainly not a "get rich quick" strategy, however 10 minutes an evening may end up paying for your car payment at the end of the month!

The one-time cost of membership is $37 if you use the coupon code "save50" at checkout.  Please view my video blog below for additional information.

For those interested in the result of last week's product, it was not positive.  I back-tested a few days with roughly a 50/50 win rate.  The nature of Binary Options is that you win 85% or lose 100% so you need to have a good win percentage to finish ahead. I do not plan to continue testing this product.

Binary Options Bully Forex System - Initial Thoughts

This week I'll be reviewing Binary Options Bully.  I purchased this product for $77 with a 60-day money back guarantee.  The nice thing about this product is that it's a system for trading and not a monthly subscription service, so no recurring cost.  The claim is that you can make significant profits trading binary options outside of your 9 to 5 job.

If you're not familiar with binary options, it's simply placing a bet (in the form of an option) that a foreign exchange currency pair (Forex) will end above or below a target price after a specified amount of time.  For example if you buy an option that it will close higher than the target and it does, you will make an 85% or so profit.  If it were to close below the target you would lose your investment.  Your investment can be as little as $25 per trade.  If you're not sure about binary options you could probably use this system for traditional Forex trading; however, there are no exits so you may want to just set a standard "take profit" such as 10 pips. So now all you need to know is which way the price is going to move during the next 15 minutes.  That's where Binary Options Bully comes in.

Once you purchase the product you will download a zip file containing a 53-page instruction manual PDF, a pivot point calculator in both Excel and Open Office (free spreadsheet program) formats, and instructions for the calculator. 

The system is fairly easy to understand.  You'll need to use an MT4 platform on a 15 minute minute chart to get some data from the prior trading day.  Pretty much any Forex broker will allow you to paper trade an account and give you access to a live MT4 platform for free.  Once you have your data you plug it into the spreadsheet to calculate the support and resistance lines.  You then overlay the lines on the MT4 chart.  Now you're set up for your trading day.  You'll work under a few simple parameters to find potential trades.  If everything checks out you place your trade just before the next 15 minute bar.  If you are successful you will have just earned 85% in 15 minutes.

I'll be test driving Binary Options Bully this week and update the blog next weekend.  Follow me on Twitter @CraigsMoneyBlog for daily updates.  Have a great week!

The Triumphant Return of Craig's Money Making Blog

It's no coincidence that my last blog post was a couple short months before the birth of my second daughter. Two kids, advancing my career in banking, and everything else in life left me with little time to continue my pursuit of the holy grail of money making opportunities.

After over 3 years away from the blog I have a renewed interest in continuing my search. I discovered many new and interesting opportunities to review. This time around I plan to be more diligent with posting. My goal will be to review one new product each week and give weekly updates on the ongoing performance of previously reviewed products.

I am excited to take advantage of a form of social media that wasn't popular when I previously ran the blog: Twitter. I'll use Twitter to update my followers on new blog posts and product performance. I'll also be available for questions and comments. So please follow me @CraigsMoneyBlog.

Here are some products that I plan to review in the upcoming weeks and months:

• Binary Options Bully - This appears to be a manual technical system for trading Forex - Foreign Exchange Currencies.  I like the fact that this is a manual system, not a trading bot, which means I don't need to pay for a private server.
• Penny Stock Egghead - This product peaks my interest because I know the power of penny stocks. My brother-in-law turned $200 into over $10,000 in a year trading penny stocks. 
• Get Cash for Surveys - I doubt this product is making anybody rich but I've always wondered if there was any truth to the claims that people make money simply filling out surveys. Heck, if I can make a car payment from taking surveys while watching TV I'll take it!
• 100 Percent Winners -  This appears to be software that calculates baked in profits on wagers. This is not a matter of picking winners and losers, it uses arbitrage to calculate profitable scenarios between two different bookmakers.

I'm looking forward to sifting through the trash and treasure of money making opportunities. Let's make some money together!