In response to the painful question "How to make money?" millions of people come up with and try new ways to generate 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 be just a waste of time, while others are fraught with serious risks to your financial situation or health.
10. Resale of real estate
Unfortunately, real estate is one of the most illiquid goods, i.e. Selling an apartment quickly at a bargain price is not easy at all. And you can really make money on resale only if you invest in housing construction at the stage of the foundation pit. And such investments are associated with a high risk of getting involved in a "long-term construction".
9. Day game on the stock exchange
Only an experienced player with a significant deposit can earn a significant amount by playing on the stock prices throughout the day. Average investors, as a rule, earn more if they choose the right moment to buy stocks, and then just patiently wait for the rate to rise.
8. Playing on FOREX
The statistics are relentless - only 15% of traders actually have real income. Moreover, the overwhelming majority of these lucky people are professionals with many years of experience, lightning-fast reactions and nerves of steel. FOREX may not be the worst way to earn money for beginners if your requests are small and the amount of investment is insignificant. Ask the professionals from rating of Forex traders.
7. Participation in online surveys
If the survey company actually pays for the work, then the cost of such work does not exceed $ 1 per hour. If they offer large amounts, then such surveys are a waste of time. And almost one hundred percent sign of scammers is a request to make a deposit as a guarantee of willingness to cooperate.
6. Financial pyramid
The principle of MMM operation does not need to be explained to anyone. It is clear that any of the pyramids ceases to exist as soon as the volume of payments to depositors is equal to the volume of new receipts. The number of people who have lost money is hundreds of times higher than the number of those who actually earned.
5. Placing advertisements in your own blog
Best Affiliate Programs really bring in a lot of money for blog creators. However, as a rule, such pages are run by real professionals in their field, publish comments of 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
A deal to sell a character from World of Warcraft for $ 10,000 in 2007 sparked interest among seekers of additional earnings. However, the competition in such a peculiar market is unusually strong.Hundreds of thousands of users from China, Korea and other Asian countries do not deny that they earn up to $ 100 a month by selling characters, spending at least 10-14 hours a day at the computer!
3. Helping a billionaire from Nigeria
Millions of users around the world receive emails asking them to help withdraw huge amounts of money out of the country in return for a fraction of the funds transferred. All that is required is to send the applicant a small amount to cover translation costs. Experts say that for the entire period of the scam, $ 32 billion was raised in this way.
2. Gambling
One of the worst ways to make money, but a sure way to become addicted to roulette or a one-armed bandit. In addition, the avid gambler has 20 times the suicidal tendencies of the average person.
1. Participation in paid medical experiments
The worst and most dangerous way to make money, because health problems that may arise after participating in such events often cannot be corrected for any money.