I understand where you're coming from and hope you aren't offended that I posted this here...

> When you buy stock in McDonald's or Coca-Cola or Microsoft or . . . . and
> you get paid dividends, where does the money to pay the dividends come
> from?

They're "real companies" -- true, many "real companies" go belly-up and some are closed down in disgrace, but still they are not comparable to "faceless promises" on the internet, which in my mind are even more shaky than, say, someone you see each week at the grocery store asking you to put your money on a "ladder" such as this. There is nothing backing it but promises.

Funny, I saw it a lot more clearly in this one than I did in E-Currency Trading. I thought E-Currency Trading was providing a genuinely "needed" service. This is basically the same thing (I think, but like you, I don't understand the details) -- but somehow the "ladder" concept got through to me.

> We all see things differently.

Absolutely.

> Lesley praises Cory Rudl. I looked it all
> over about a year and a half ago and wasn't all that impressed, but became
> an affiliate anyway. Pumped it like crazy on 2 websites. Featured it
> prominantly. Didn't sell a one. Needless to say I am even less impressed
> than I was! It works for her and it doesn't work for me.

But your money buys a product, not a promise. It's the promise that worries me -- and the length of TIME it takes for that promise to be fulfilled.

> If you don't like
> YMMSS, don't sign up.

I agree, and I'm not trying to bash it -- but since it came up, and since you are a trusted FIBer and people will follow you (I am not implying that you were trying to promote it, I mean it came up as part of a discussion) -- I feel it is important to point out the HUMONGOUS dangers.

> As I said in the beginning, they are honest and
> upfront enough to let you explore into a whale of a lot if info completely
> anonymously, and then be on your way if it does not appeal to you. A lot
> of people in this forum have complained up a blue streak about Amway and
> such who lure you in under false pretenses. YMMSS does not do that.

I see where they're attracting people with their honesty and apparent ethics. The whole site is built on that -- but no one has a clue if it's real or just their way of pitching their product. People can be anything they want to be on the net.

> Personally I am putting $10/week into the system. After a year I may stop
> or continue. If I stop buying new EPC's I will have spent about $520,
> which is less than some people spend on a worthless pile of 2-year old
> "leads" that turn around and accuse them of spamming.

And a helluva lot less than some people spend on a single seminar where they then turn around and spend another bundle. If you believe in it and can afford to lose the $520, the only other thing you're risking is a huge disappointment.

> If Kim Inman is correct I will have enough money to be comfortable and
> support as many charities as I choose. If the nay-sayers are right, I will
> be out comparatively little. I could lose a lot more in the stock market.

Right -- but you need to add two more words: "and honest."

"If Kim Inman is correct AND HONEST, I will have..."

You have only his word that he is and you don't know him from a box of Cracker Jacks. That's my problem. I can't begin to discuss "the business model" or work the numbers and figure out if what he says is even possible. It's way over my head.

But from what little I do understand, I can see he's going to walk away with a bloody fortune if he decides to walk away -- and you are aware of the risk and have decided you can afford to lose the money, but what worries me is the people who are pouring thousands into this. Are they aware of the risk??

Good luck with it, Sandi!

Luv,

MaaMaw