Rabbit's Report

Reviews and Recommendations of Online Money Making Resources

Rabbit's Report - Reviews and Recommendations of Online Money Making Resources

Ric Edelman Review

Who is Ric Edelman?

Ric Edelman is an author and runs one of the largest independent investment and financial planning firms in America. Ric Edelman has his own Radio Show syndicated by ABC Radio Networks. He has a nationally syndicated newspaper column called “The Truth about Money”. He has authored several books, most recently “The Truth about Money” 2003, and “The Lies about Money” 2007. He is also a contributor to the “Oprah Winfrey Show”.

Is he looking out for you?

There is no doubting Ric Edelman’s credentials he has an impressive resume. He has sold millions of books and his financial planning firm manages close to $2 billion.  Ric Edelman has helped many investors and many more people find a way to get out of debt.  I think he and his firm are an excellent choice with one disclaimer….

There is this mutual fund thing

He flip flopped from supporting the managed mutual fund industry in his audio book “No-Nonsense System for Building Wealth”.  Then in another book “The Lies about Money” Ric Edelman talks about all the problems with the mutual fund industry. You see his firm moved from actively managed mutual funds to institutional funds. The mutual fund industry didn’t just start having these problems. These problems were present when he was recommending them and his firm stood to benefit from discouraging his readers from investments in mutual funds.  This is just something to take into consideration I wouldn’t let it be a deal breaker.  Every business is out to make money that is just the nature of the beast.

Buy and hold isn’t a strategy

Ric Edelman has not been as successful as he is without providing quality advice and service.  He has many good points and his strategies are sound for the most part. However there are some things I  completely disagree with him on. In particular his insistence on “Buy and Hold”. Advisors like Edelman call trend following gambling and see no value in it. Unfortunately they seem to believe that the average investor is not smart enough to make their own decisions.  With the advances in technology, computers and the internet, average investors can get access to the same information as the “big boys” and we can generate returns that are just as good and usually better when we spend a little time researching on our own. There are many programs, systems, newsletters and other services that can help investors make good sound investments without paying some multi-billion dollar firm to manage it for them.

Be diligent and use your own filter

Check out this Free Trading Course, it’s one of the best I’ve found out there.


Edelman makes some great points about the financial press that can easily apply to himself: “Many in the financial world have their own agendas. They aren’t necessarily trying to give you financial information. What they are trying to do is generate profitability for themselves.”  All that being said Edelman does provide some good sound advice you just need to look at it through the filter of knowing where he is coming from. Even Ric Edelman knows why he was writing his books, at one point he asks: “has this entire program been nothing but a sales pitch?”

5 Worst Investment Mistakes

Jim Cramer of CNBC’s Mad Money: Jim Cramer’s list of the 5 Worst Investment Mistakes

Many investors just jump right in and then they make mistake after mistake costing them a ton of money. If you know what these mistakes are and you avoid them you will be way ahead of the game. This is why I decided to post Jim

Cramer’s list of the 5 worst investment mistakes.

 1. Buy and Hold isn’t a Strategy

The single worst and widespread mistake out there is Buy and Hold. Buy and hold is a thing of the past. Buy and hold isn’t a strategy, it gives you a false sense of security. When you buy and hold you think “my work here

is done”, it’s an excuse to be lazy. It needs to be “Buy and Homework”. Listen in on conference calls. Check for Management confidence. You should be spending at least an hour a week studying, per stock.

2. Shoulda, Woulda, Coulda

If only I bought this or that. Don’t dwell on missed opportunities or bad mistakes. When you can’t get over your mistakes it becomes counter productive. Being an Investor is emotionally brutal. You have to be tough

minded. Focus your time on making good decisions in the present. Learn from your past then move on. It is our nature to regret mistakes, but overdoing it won’t get you anywhere. Don’t let it throw you off your game. This is what really separates the good investors from the bad.

3. Tips are for waiters. Not for traders

You can get great stock tips. These are the ones from insiders who actually know a company’s future moves.  These types of tips are illegal. The other types of tips are usually from someone who has an agenda. If someone wants to give you a stock tip it should send up a red flag. That being said there is a difference between a “stock tip” and a company or newsletter that does the homework for you and gives you recommendations.

4. Lack of Diversification

Diversify. Diversify. Diversify. Don’t keep all of your portfolio in one sector. You should not have more than 20%, even in a very hot sector. Remember the tech bubble. Enough said.

5. Buying your whole position at once

Sometimes you are your own worst enemy. In these times you need rules to suppress your instincts. Arrogance is a sin that will cost you a lot of money. Buying your whole position in a stock at one time is the most arrogant thing one can do. When you buy your whole position at once you are saying “this stock is not going any lower from this point on.” That is arrogance. Build a position over time, not all at once. Patiently wait for good entry points. It’s hard to time stock perfectly…Yet another reason to buy slowly.

 Summary

Investing in the market takes a lot of time and discipline. Following these rules will save you a bunch of money.  It’s important to do your homework and have the right tools.  There are many systems and programs to choose from.  I’ve found a few that are inexpensive, guaranteed, and very successful. For my top choice click here Stock Market Investing Programs and Systems.

Or you could check out the free training offered through INO and traders whiteboard. Just click on the whiteboard on the right under Free Stock Market Training.

Good Luck and Good Investing!

Ross Jardine Stock Investor Review

Review: Ross Jardine Stock Investor

Rabbit’s Report provides in depth reviews of products, websites, services on the internet that claim to make you money.  Our mission is to give you the most authentic and accurate information possible.  Our promise to you is that we will not recommend any product that doesn’t come with an ironclad money back guarantee if your not satisfied.

What is the Ross Jardine Stock Investor Program? 
Does the Ross Jardine System work? 
What does the Ross Jardine Stock Investor cost?

Who is Ross Jardine?

Ross Jardine has been an investor since 1988. He was one of the co-founders of online Investors Advantage, which later became InvesTools Inc. He was involved in a lawsuit with Investools in 2006. Ross Jardine claims to be one of the pioneers of ecommerce for creating iMall in 1994 and the first Superbowl site in 1995. Ross is a graduate of Brigham Young University where he earned a BA in public relations.

What is the Ross Jardine Stock Investor?

You can get the free trial kit or you can purchase the “success kit” which consists of 5 informational DVD’s covering a variety of topics such as, introduction, researching fundamental’s and technical’s, money management and strategies. Most of the information covered on these DVD’s can be found on the many free sites out there like cbsmarketwatch.com. There isn’t much new here and I didn’t find any of the “secrets are revealed”. You also have to subscribe to a monthly stock investor membership to use the software.

My How much does the Ross Jardine Stock Investor Cost?

The “Success Kit” cost $ 395.00 plus shipping & handling. Once you receive and install the kit you have to activate your subscription to the Stock Investor Website. They give you the first 30 days free. Your membership will cost you $239.00 for 6 months minimum. $859.00 if you enroll for 24 months. Then there’s the personal coaching (extra), the online trading account (extra). Not to mention the constant sales pressure to upgrade to bigger and better things, (hey everybody does that, you need to expect up sells).

Is the Ross Jardine Stock Investor System Worth the Price?

In my opinion, No. I like their program, you can set your own indicators, it’s very well run and user friendly, but it simply is just not worth the $400 up front and $40 a month price tag. I also don’t like what I’ve heard from others who have tried to get their money back after deciding it wasn’t for them. This is a big part of my no recommendation. I do not like companies that make it difficult to make a return. You can check out what others have said further down this page.

What are the Alternatives to the Ross Jardine Program?

Check out my pick for top Stock Market / Trading program.  Click Here

What others have said about the Ross Jardine System

Q. How do I renew access to the site when my subscription runs out?
A. Your access to the web site is on auto renewal. Your account will be automatically charged each month until you request to change or discontinue access. Please call: 800-968-9792 with any questions you may have regarding your account subscription.
Can someone clarify.
This is an extra charge on top of the software purchase and use?
If so why would it automatically subscribe me.
It just keeps getting better and better as I go thru the software.
For example today I find out that they have a partnership with OptionXpress which charges you for getting into the trade and it also charges you for getting out of the trade, the same trade!”

From Clueless on Yahoo Answers

“Program did not work. Consultants canceled sessions without notification. Tech never called back to help. I am fighting to get my money back. DO NOT BUY!!!!!”

Laura, Ohio

“Ross I listened to your tutor/coach for the seven sessions and thought I had it down pat, I followed the green arrows and at the end of the next day I wound up losing money.”

Arnold Thomas, Onalaska, TX

Freedom Fast Lane Review

FREEDOM FAST LANE REVIEW

Rabbit’s Report provides in depth reviews of products, websites, services on the internet that claim to make you money.  Our mission is to give you the most authentic and accurate information possible.  Our promise to you is that we will not recommend any product that doesn’t come with an ironclad money back guarantee if your not satisfied.

Site/Product Creator:   Ryan Moran

Link to Site/Product:  Freedom Fast Lane 

Skill Levels On Scale of 10:   4-10

Main Focus:  Internet Affiliate Marketing Coaching

Support:  10/10

Overall Value:  10/10 for the initial offer

Price:  $1.00 for first 30 days then $97 month for premium

Bonuses or specials with site/product:  This is taken directly from their offer page:

“Six Figure Blogging” - $497 Value – Join Ryan as he leads a live class to detail his “Six Figure Blogging” system. Learn how to potentially turn your passion into a six figure income on this live training. If you have a hobby, a passion, or something you’re interested in, you’ll discover in detail how to cash in starting TODAY.

“6 Figures In 7 Days” - $197 Value – This six part audio series, that originally sold for $197, will show you how to build the foundation of a six figure business in just seven easy steps, even if you’ve never made a single dime online, and even if you’re just getting started.

“Million Dollar Marketing Blueprint” - $297 Value – This step-by-step blueprint has literally made us OVER one million dollars in profit just by following the steps. The groundbreaking report will give you the “a-ha” moment to put a surge of money into your pocket IMMEDIATELY upon following the directions. Just cue up this sequence exactly as it’s explained and watch the money flow in while you’re sleeping.

And 4 other Freebies.

Rabbit’s Report Official Review:  This is a fairly new Forum and there is not a lot of people in the forum yet.  This is a good thing because you get excellent support and immediate answers to your questions.  Plus all the bonuses they offer it is hard to pass up.  This is another one that is well worth the initial price of $1.00 for 30 days to check out and see if it’s for you.

I give the Freedom Fast Lane a strong recommendation for the 30 day trial to see if its for you.  

Link to Website:  FREEDOM FAST LANE

The Public’s Review of Freedom Fast Lane:  Below we have comment boxes for anyone that wants to give their take on this product or site.  All comments will be reviewed before posting.  We won’t censor your honest review of this product but we will censor your comments for spam and inappropriate remarks.

Wealthy Affiliate University Review

THE WEALTHY AFFILIATE UNIVERSITY REVIEW

Rabbit’s Report provides in depth reviews of products, websites, services on the internet that claim to make you money.  Our mission is to give you the most authentic and accurate information possible.  Our promise to you is that we will not recommend any product that doesn’t come with an ironclad money back guarantee if your not satisfied.

Site/Product Creator:   Kyle and Carson (don’t know there last names)

Link to Site/Product:  Wealthy Affiliate

Skill Level:   Beginner through Expert

Main Focus:  Internet Affiliate Marketing

Support:  9/10

Overall Value:  9/10

Price:  Free for basic service and $47 per month for premium

Bonuses or specials with site/product:  The free training they offer is worth taking a look at

Rabbit’s Report Official Review:  It is well worth taking a look at,  I have been a premium member since 2007.  In fact this is where I got my start.  I love how they have made the basic training free for newbies so they can get an idea on how it works before they have to commit to buy.  I give the Wealthy Affiliate University a strong recommendation to try out the free training first.

Link to Website:  WEALTHY AFFILIATE

The Public’s Review of The Wealthy Affiliate University:  Below we have comment boxes for anyone that wants to give their take on this product or site.  All comments will be reviewed before posting.  We won’t censor your honest review of this product but we will censor your comments for spam and inappropriate remarks.

3 Step Plan

 What is Andy Willoughby’s 3 Step Plan?

Rabbit’s Report provides in depth reviews of products, websites, services on the internet that claim to make you money.  Our mission is to give you the most authentic and accurate information possible.  Our promise to you is that we will not recommend any product that doesn’t come with an ironclad money back guarantee if your not satisfied.

You’ve heard the Radio Ads. What is Andy Willoughby’s 3 Step Plan to Success?

“Hi, how in the world are you anyway?” the famous and somewhat annoying tagline of Andy Willoughby. He is heard all over the radio selling something called the “3 step plan”. If you go to the website it is very vague and gives no
details. It just asks you to leave your name, email and phone number and they will have someone call you. As someone who has purchased the product I will tell you what I know.

What is the “3 Step Plan”?

In a nutshell the 3 step plan is an invitation to become a distributor for XanGo. XanGo LLC. just might be the country’s fastest growing multi-level (pyramid) marketing company. On the website www.3stepplan.com Andy Willoughby says
fill out the form and a regular person not a salesperson will call you. The person that calls you is a distributor for XanGo, they will “3 way” your phone call with recorded sales messages and send you out their sales package.

How do I make money?

XanGo is much like Amway. You pay a membership fee (about $35) this entitles you to buy their product XanGo juice wholesale for about $100 a case. A case contains four 25 ounce bottles. You are required to buy at least one case per
month. Plus you need to buy marketing materials. The object is to sell your bottles for $38 each. For a $13 per bottle profit you will have to sell a lot of XanGo to get rich.

If you really want to make money you need to recruit new members in your “downline” where you will get 5% of their sales.Where do you find new members? The company has a solution, for approximately another $100-$500 per month they will get leads for you.Where do these leads come from? They come from the radio ads, ”How in the world are you, anyways?”. You are now the distributor talking to new prospects.

How much can I make? 

The real money in multi level marketing is always at the top of the pyramid. You can make good money with this business but just like any type of home based business nothing comes easy you must work for it and you must invest in your business. You are going to have to shell out a membership fee, pay for a
required monthly shipment, buy marketing materials, spend time finding new customers and distributors.

Summary

This business isn’t for everyone, but if you are looking for a turnkey business XanGo isn’t a bad choice. I just wanted people to know what they were getting into before they start. I liked the juice, I didn’t use it long enough to see any real
effects. I just didn’t want to be a part of a MLM company.

How to Start a Home Based Business

Home based businesses are greatly growing due to a wide array of reasons. It assists a lot of people by giving them good opportunities when it comes to earning profit. Most entrepreneurs are now into home based businesses. Depending on the strategy of the business, working at home tends to kick-off a lot of amazing advantages for those people who are into it.

Many people start their home business because of the excellent deals that become a great opportunity depending on a number of factors. It is motivating that many people who engage home based business appear to become successful and earn generously despite working at home. Therefore, if you are thinking about starting a home based business, here are tips on how to start:

• Identify what kind of home based business you want to be showcased in the market. This may include certain products and the services this offers. Think about the potential needs of every customer found in your area and also connect with your personal interest. The personal interest of the business is essential. This can help ensure success with regards to the business because of the passion and interest between the business owner and the business. Business is a serious matter; try to think deeper specifically on what business you are interested in before making a choice.

• Upon deciding, focus on a plan with regards to the important facts of your chosen business. This is essential to avoid problems that may be encountered when it comes to future business matters. Try to review further all the different executed plans and documents needed in the home based business. Strict planning can result in the great success of your home based business plans. Also try to look for the zoning in your local government if you are permitted to establish your business at home.

• The most difficult way to start home based business is to obtain adequate funds. Find a way to invest even a small amount of money into your business. These following funds can be utilized for the necessary equipment, inventory and advertising. Some of the funds are useful usually in terms of charging costs concerning the first few months of the opening.

• The common question for every business even for home based business is usually “who is your audience?” This audience is pertaining to the potential customer. It is a good way to recognize what kind of customer you will be accommodating because it is less difficult to render a product or service to a certain group of people rather to a large scope of people. It is significant to determine what group of people you are going to market your business.

• Get into action once the business you are planning is ready to highlight in the market. Commence advertising by sending a letter; posting advertisements, giving fliers, making calls to potential clients, and discussing the business personally to every potential client. This is a better step in starting a home based business and can attract customers that need your services.

• Another tip to start home based business is to promote your business by making a personally designed website. Nowadays, a lot of people who are into accessing information on the internet. A website can be also a good start to promote that home based business of yours.

• Intensively market the business, there are many home based business fall short due to lack of proper marketing in the public. Marketing depends on the way on how the business is marketed in the area. Try to remember, even if the business is running and generating income, it is vital to keep marketing your business to gain more potential customers and increasing the chances to earn more profit.

Since, you want to start a home based business and become successful at it. The above-mentioned tips can surely help you in reaching success.