Guide for New Members

schen2000	Ultimate   Golden
Posts: 9303	2010/10/12 at 00:19 schen2000 edited message on 2012/05/19 at 05:59 GUIDE FOR NEW MEMBERS DETERMINE YOUR PERSONAL GOALS AND RISKS Set some personal goals & budget: Q: How much risk am I willing to take, am I conservative or a risk taker? A: I am a semi conservative Q: How much money am I willing to invest? A: I have about $400~$500 Q: How much energy & time am I willing to invest? A: Maybe 2, 3 years or longer Q: How much energy & time am I willing to learn the system? A: 15~30 minutes a day Q: Does this rental referral works for me? A: For some it works for others it doesn't. Only you can find out for yourself. Q: How much do I want to make and what to do with it? A: I want a monthly residual income of $200 to buy rare coins Q: How many rented or direct referrals do I need to reach that goal? A: I would take a conservative guess maybe $2 for each ref rented, so 500 ref would cost around $1000 renewing 240 days. With a 0.9 or 1.0 average you could possibly make a return of $300~$400 a year. With a 0.7 or 0.8 average you could also possibly make a return of $130 ~ $220 a year. It all depends on the refs you get and how well you can manage them. Q: Do I have back up money just in case the budget is not holding up? A: I have another $150 in my saving account, I can also easily borrow $100 or $200 from my uncle Set small goals or milestones to accomplish. Examples: rent & manage 20 refs rent & manage 100 refs rent & manage 300 refs rent & manage 500 refs rent & manage 1000 refs rent & manage 1500 refs rent & manage 2000 refs rent & manage 4000 refs rent & manage 6000 refs rent & manage 10000 refs personal clicks reached 400 personal clicks reached 1000 personal clicks reached 2000 personal clicks reached 2500 personal clicks reached 5000