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Top 10 Worst Ways To Make Money

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In response to the painful question "How to make money?" millions of people come up with and try new ways to attract income. However, as practice shows, many seemingly simple and attractive options turn into a complete collapse.

Today we suggest exploring the top 10 worst ways to make money. Some of them will simply be a waste of time, while others involve serious risks to their financial situation or health.

10. Resale of real estate

Unfortunately, real estate is one of the most illiquid products, i.e. quickly selling an apartment at a bargain price is not at all easy. Yes, and you can really make money on resale only if you invest in housing construction at the excavation stage. And such investments involve a high risk of getting involved in a “long-term construction”.

9. Day trading on the stock exchange

Earn a significant amount by playing at the exchange rates of securities during the day, only an experienced player who owns a significant deposit can. The average investors, as a rule, earn more if they choose the right time to buy stocks, and then just patiently wait for the appreciation.

8. Playing FOREX

Statistics is inexorable - only 15% of traders really have real income. Moreover, the overwhelming majority of these lucky ones are professionals with many years of experience, lightning-fast reaction and steel nerves. FOREX may not be the worst way to earn money for beginners, if your requests are small and the amount of investment is negligible. Ask professionals from the rating of Forex traders about this.

7. Participation in online surveys

If the company organizing the polls really pays for the work, then the cost of such work does not exceed $ 1 per hour. If they offer large sums, then such polls are a waste of time. And almost one hundred percent sign of fraudsters is a request to make a deposit as a guarantee of willingness to cooperate.

6. The financial pyramid

The principle of MMM is no longer necessary to explain to anyone. It is clear that any of the pyramids ceases to exist as soon as the volume of payments to depositors is equalized with the volume of new arrivals. The number of people who have lost money is hundreds of times higher than the number of people who actually earned money.

5. Advertising on your own blog

The best affiliate programs really bring a lot of money to blog creators. However, as a rule, these pages are run by real professionals, publish comments by famous people, share the conclusions of real experts or publish really sensational news. The rest of the blogs allow you to earn an amount approximately equal to the cost of hosting.

4. Selling characters of online games

The deal to sell a character from World of Warcraft for $ 10 thousand in 2007 aroused interest among seekers of additional earnings. However, competition in such a peculiar market is unusually great. Hundreds of thousands of users from China, Korea and other Asian countries do not deny that they earn on the sale of characters up to $ 100 per month, spending at least 10-14 hours a day at the computer!

3. Assistance to a billionaire from Nigeria

Millions of users all over the world receive emails asking to help withdraw huge amounts of money from the country in exchange for a share of the transferred funds. All that is required is to send the applicant a small amount to cover the cost of the transfer. Experts say that over the entire duration of the scam, $ 32 billion was raised in this way.

2. Gambling

One of the worst ways to make money, but a surefire way to become addicted to roulette or a one-armed bandit. In addition, the avid player’s suicidal tendency is 20 times that of an ordinary person.

1. Participation in paid medical experiments

The worst and most dangerous way to make money, because the health problems that can arise after participating in such events can often not be fixed for any money.

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Watch the video: WORST Ways To Make Money Online As A Broke Beginner 2020 (May 2025).

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