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Today I will review the heavily promoted InternetMillionDollars.com eBook. A great multi-lingual sales letter is promising unbelievable things, are we already trained to recognise a scam or do we still believe in miracles? Let’s reveal the truth.

InternetMillionDollars.com eBook Review

First of all we are facing a strange phenomenon with the Internet Million Dollars eBook. Somebody is claiming that this eBook was written by Professor James Bradley. This could lead to abusing authority so I contacted both professors of the same name whether are they authors of this eBook. As soon as they reply, I will update this review.

Let’s continue our review normal way.

The author of this eBook is promising that we will earn money 100% on autopilot and also:

· this is not MLM;
· these are not empty promises;
· you do not have to sell or advertise anything;
· you do not have to buy anything to start making money

After a strange introduction where we learned that "forget about getting rich by saving. It is impossible to acquire a fortune by saving." This is only part of truth.You can be very rich if you save and that money you invest but it takes a lot of time. the author is also giving unrealistic examples of multiplying money.

The second chapter is about World Monetary circulation – it sounds greatly but the author just talks briefly about banks, offshore, derivatives, FOREX, virtual currencies (for example e-gold) and High Risk investments (HYIP) and provides a list of HYIP forums and websites. My note here is that if you don’t understand what the HYIP business is about you will lose money. If you are a beginner investor I recommend you to stay away. Most of HYIP programs are simply scams based on multi-level marketing (The author is claiming "NOT MLM" remember?).

the author also provides a list of corporations which are related to offshore companies but without detailed comments.

the next part is talking about rules of investments – no surprise – you will find these rules in every trade book. No invention here.

Chapter 6 is about surveys, getting paid for surfing the Internet and similar vain efforts on how to get rich.

The best part of the Internet million dollars eBook is about affiliate marketing – which includes the basics of this kind of business. You will find better information in many open sources. I wrote best part, it’s true. This eBook is compilation of information which even average Internet users can obtain within couple of hours.

The few chapters about forex, stocks, derivatives are so weak that Wikipedia.org provides excellent source if you compare to this eBook.

The author is trying to be smart if he tells you: "Every HYIP that has a win/loss ratio greater than 51% will bring in a profit after some time." This is very dangerous statement because this is true only for long run, in the short run you can lose all your money so no long term will come.

I don’t like his strategies for managing a portfolio. He recommends so called Martingale which is very well known in gambling. It’s simple when you lose double your next bet but the author does not bring any answer to losing last bet (stock portion) when you can’t afford cant next double bet? Martingale is one of the systems which are very costly to stay in the game and when you face the end where you can’t afford to bet more, the game is over and you lose everything.

His explanation of technical and fundamental analysis is good for elementary school, not for (beginners) investors.

This eBook is full of misleading information like: "The Internet is full of offers of supposedly good quality targeted traffic in the amount of 10,000 visitors for $25"

He maybe doesn’t know that this traffic is from expired domains and is very unfocused, that’s why it’s so cheap.

how about:

"What is the price of a product dependent on?
There are four groups of factors:
1. The value of the product itself.
For example a new house cannot cost less than the value of the materials plus labour costs…"

This is a big mistake, new house of course can cost less than the value of materials plus labour costs – in times of recession, sales promo actions, mortgage payments or buying on instalments (interest makes additional profit) etc.

Simply this eBook is another example of a  product of "I don’t know any details I will write about everything" eBook. You will definitely not learn how to earn your first Internet million. It’s waste of money and time.

Conclusion:

Internet Million Dollars eBook opens quite lot of possible income streams but none is taken into sufficient details to earn money that way – maybe one exception is affiliate marketing. Don’t buy this eBook, buy instead of book that covers topics into details.

 

Rating: POOR
One star of four
(check how I rate eBooks)
Price: 49,90 USD
Difficulty level: easy
Money required: for financial instruments, for PPC campaign
Pages: 83 pages of PDF

 

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