The “How to Make £1,000 per Day Before Breakfast” manual arrived on Saturday morning but unfortunately I didn’t hear the postman so I had to go and collect it today.

First things first, the package contained:

(a) An A4 printed manual, 96 pages long called “How to Make £1,000 Per Day Before Breakfast: Discover how to receive sacks full of money, each and every day – delivered direct to your front door!” This is the manual which is apparently written by Terry Wilson

(b) A short (25 page) A4 printed report entitled “£45 in 3 Minutes… Or Less!” and

(c) A 3 page introduction letter from John Harrison, the publisher and co-owner of Streetwise Publications.

I’ve been able to read about 40 pages of the manual so far and it seems very good.

In my initial blog post about Terry’s book I noted that the sales letter promised a technique which Terry used to make £5,000 in his first month:

“… without any selling, with no staff or premises and without any start-up capital…”

Reading the manual, it is about information publishing and especially selling via Direct Mail. There is probably more to it but direct marketing certainly does need start-up capital.

Also, you definitely will be selling as you will be producing information products to sell to the general public.

Still, the manual looks very detailed and I will be reading the rest this week. Some of the text does look strangely familiar – perhaps from one of John Harrison’s books?

Does Terry Wilson even exist? Is this another made up person like “Vicky Smith” aka the author behind the Golden Backdoor?

The latest issue of the What Really Makes Money newsletter popped through the door yesterday.

Nick Laight’s newsletter is published 10 times a year and delivered for just £37 for the first year.

This month the features included:

– Investing in Romanian property for 15% – 100% annual returns! Unfortunately, I still need to get on the UK property ladder but still very interesting…

– Building an email list. Nick explains why you should build one and how you can make £10-£30 per year, per name

– A review of Peter Walters’ “Cash From Your Camcorder” which apparently is like Bill Myers’ 10 DVD set released about a year ago

Yet again, another excellent newsletter, it is well worth taking a look if you are not already a subscriber:

Click here for Nick Laight’s What Really Makes Money newsletter

I saw a few posts on a forum today where the poster was spamming the same content over and over along with an affiliate link for a product known as “Survey Scout”.

It reminded me of a question I was asked about this time last year:

---

“Firstly, congratulations on a clear no nonsense site with pertinent observations. Your Andrew Reynolds and Tim Lowe reviews set the tone. This is my first visit.Have you any comments on two of your advertisers operations, firstly Russell Shedden’s V-Services.co.uk and secondly cash4homework.co.uk 

Inevitably as advertisers I cannot expect a super critical report, but I am looking for a simple way to substantially boost a pension. Limitations? Very poor computer abilities.”

 

---

The person posing the question had mistaken Google AdSense for people paying me to advertise on the site.

 

My reply was:

---

“(1) Cash4Homework.co.ukThis seems to be a scheme whereby the promoter shows you how to find “paid for surveys” kind of work. It is true that you can get paid to take part in surveys and online discussion groups but the problem is two-fold: 

(a) This information is free if you spend an hour or two looking for it. ciao.co.uk is one scheme, there are many others. What you will usually find is that instead of making money, you earn points to redeem against gifts.

(b) These schemes are often extremely over-subscribed – there are thousands of stay-at-home mums, students etc who flock toward these surveys and they go offline quickly. Also, the companies tend to target specific social groups – young mothers, kids etc. If you don’t belong to the group, you cannot take part.

In short, not a great income opportunity.

(2) V-Services.co.uk

I can’t figure out what Russell is offering here as he does not give a good explanation of the business he is in. He sells a £10,000 a month scheme for £50 or so and if you were earning £10k a month, would you sell the idea on?

The guarantee is not rock-solid. It looks like you have to work for 12 months before you can claim your money back. Would you throw good money after bad to regain £50?

As I mentioned in the last email, the adverts are placed on my site by Google, I do not choose them although I do earn money “per-click”. Some offers are a lot better than others.”

 

---

As you can tell from the above, I don’t think much of these “paid survey” schemes.

 

My recommendation would be to avoid them, unless you fancy earning a few points towards some free gifts…

As you may be aware if you subscribe to the free Business Opportunities Email Newsletter, I have recently started a spread betting experiment, resurrecting my account with Finspreads.

My last trading exploits ended disappointingly in early 2004 when I decided to cash out the 10% or so I had left of my capital.

However, I have been receiving both emails and text messages every morning from Finspreads ever since. They contain news and views on the trading day ahead as well as market prices.

To be completely honest, I almost never read them. I really should unsubscribe and have only stayed on the list as they are free…

For the first time though in over 3 years of getting these alerts, I got an email this afternoon from Sandy Jadeja about a:

“Possible Opportunity in December Gold”

Sandy Jadeja is a Chief Market Analyst according to the email, although it doesn’t state that it is for Finspreads.

His email states:

“I have been watching the December contract for Gold and noticed that it has risen 12.18% in just 23 trading sessions.However considering that the metal had declined 25% from its May $753 high to a low of $563 in October, the trend has clearly been down. With the recent short term rally of this low, Gold has traced out a corrective ABCD pattern right into resistance at $625 -30If this level holds the metal back then Gold may drop down to support at $613 or lower to $602. Otherwise a move higher may see Gold trade to its next resistance level at $642 -44"

 

On reading this email, I’m not too sure what he is trying to tell me. Is Gold going up or down?

Who knows…

If the trend is down, should I be short Gold now? I can tell you that I’m not.

A successful trader once wrote that a market is never too high to go higher and never too low to go lower (although if a market goes to zero it can’t go lower!)

All I know about Gold is that it is at around $621/oz as I write.

We will have to see how it goes from here but I have a feeling that Mr Jadeja is trying to tell me to go short on the December Gold contract. This contract expires on the 27th November so I will report back after trading has finished on that day.

Issue 11 of Iain Maitland’s Passive Income Newsletter arrived yesterday and, as usual, there were a couple of sales letters in the envelope with it.

First of all there was the small advert for the Driver’s Handbook:

“Drivers – Here’s the Insider Information the Police Don’t Want You to Have!”

Streetwise Publications have recently been pushing this in the National Press with huge, full page advertisements which I doubt are very cheap.

Second was an 8 page sales letter from Janine Stafford about self defence – selling a £97 DVD showing you how you can defend yourself from violent attack.

However, the third sales letter was my favourite because it’s a new product which is called

“How To Make £1,000 A Day Before Breakfast”

The letter is written by an ex-factory worker called Terry Wilson. I’ve never heard of him before but his story is quite interesting.

The sales letter explains that Terry was working one day, as usual, in his job at a car parts factory where he had worked for 23 years. His boss came by and made a flippant remark to him and he walked out.

Just like that, he’d had enough.

Anyway, the story goes that his wife is very, very mad at him and tells him to go and pick up his son from school the next day where he is helping with a car-boot sale.

When Terry gets there he finds a book which he buys for 25p.

This book reveals a remarkable “lost system” for creating cash. Terry’s research on Google finds that the book was used by someone in the 20s, a couple of people in the 30s, one person in the 40s and the book’s previous owner in the 50s and 60s.

All of them became fabulously rich from following the books teachings:

“How Two Words Scrawled in a Jumble-Sale Book Took Me From
Brush-Wielding Joke to Complete Financial Freedom in Just 180 Days!”

The remainder of the sales letter describes how Terry made £5,000 in his first month from the technique without any selling, with no staff or premises and without any start-up capital.

This system is apparently so good that Terry admits he would be “suicidal” if he made as little as £5,000 in a month nowadays.

As with all Streetwise’s products, there’s a lengthy guarantee period for this one – 90 Days. If I don’t think it’s worth at least 100 times the £39.95 I paid, I can return it for a full unconditional, no-questions-asked refund.

So, I have fallen for the sales letter. To tell you the truth I am intrigued about what it could be.

I’m guessing it’s some kind of “middle-man” opportunity where you use someone else’s money and goods or where you match up people with needs with people with products; something of that variety.

We’ll see.

Stay tuned.