Product Name: Auto Quick Income
Product Owner: Kevin Myhill
Advertised Price: Free
Real Price: $200+
What Is It?
Binary options. Stay away! This is high risk stock trading.
What a jerk. Did you catch the part where he said (quoted exactly as he said it!), “It's going to put $15,000in your bank account by the end of the month on autopilot, or, you're going to continue living your miserable life”.
Before You Buy
I pretty much stopped paying attention to the video after he said, he not going to brag about his Ferrari or mansion, but then started to show me his bank account. Ummm, OK, that makes sense.
This is a very standard approach to binary options software scams.
They say that they will give you access to a magical software that trades stocks and makes you money for free.
The catch is that you have to fund an account, which is usually about $200 to start. So it's not actually free. It's just an advertising gimmick.
The then tell some crazy story about how they got drunk in Vegas, or worked in construction, or their kid had leukemia, or they hacked into a millionaires computer. Sometimes they call it software, sometimes they call it an app.The stories vary, but the end result is the same.
- Financial Freedom
It sounds great, but it's a big fat lie.
The fact is that binary options is risky trading. It's not even “stock trading” in the traditional sense. Even stock experts that have studied finance for decades and actually traded stocks before cannot predict which way the market will go. It's nuts to think that beginners like you and me can make trades based on a ultra-secret software that was given to us for free, by some random person on the internet, just because he's a nice guy.
Update: I should have suspected this, but this guyis not actually “Kevin Myhill” He's just an actor. Or maybe he's a previous actor turned internet entrepreneur? I found his face again researching some other scammy products!
As is typical with these binary options software apps (or whatever you want to call them), there's a bunch of fake testimonials. You can buy them for $5 on a few different websites. Want proof?
The other ones are probably fake too, but I couldn't find their ads. I think one is enough to prove that there's something sketchy going on here.
Can You Make Money Online?
Yes, it's absolutely possible. I work online. I have more sites that just One More Cup of Coffee, and many of them make money.
There's no crazy back-story, there's no secret society of internet millionaires that have to invite you to their club.
The basic idea of what I do is create websites about topics people are interested in. People search for stuff in Google and find my websites. Sometimes they buy stuff from ads on my site.
It gets a bit more involved than that, but I think this is the best way to explain it to a newbie.
The catch is that you have to put in the time to learn, and to work on your site. Sometimes you have to work on a website for several months before it starts making sales. Most people don't have the patience to do this, but some do.
You can learn how to do this at the same place I learned back in 2010. I now work for myself full time because of the training I followed at Wealthy Affiliate.
Do you have any questions about Auto Quick income, binary options, stock trading, or online business? let me know in the comments below!