Thursday, May 31, 2007

Millionaire Quest: A Spot Of Trouble

Yes, I've been absent for a while. However, since American Idol is now over, I have more time to focus on my big idea. I shall be doing this for the next several weeks until I can get it off the ground.

In terms of a progress update, I was hoping to have good news. By now I should have received my principal back from the 60% programme. That was the plan. Unfortunately, the programme has run into a spot of trouble. Seems the SEC is poking their nose in the business and this has halted the whole operation. This could be the end of it, or it could take many weeks before things are resolved.

The other programme that should have returned a large sum several weeks ago, is still silent. Seems I'll have to count that another loss. My google adsense account is now about 20c shy of $10. Things seem dim. It is a good thing I have my big idea to fall back on.

Another bright ray of hope seems to be coming from a programme I joined last year, but experienced a plethora of problems. Seems people are now starting to get paid. I deposited $100 in it last year, and my balance is now over $3000. I need to send in some documentation, but it does seem that I might get something out of it after all. This just could be my head start in my millionaire quest. We'll see.

Wednesday, May 2, 2007

Millionaire Quest: My New Target

My millionaire quest has been prodding along, somewhat slowly, but things are shaping up. I had wanted to provide more reports for last month, but as you know, I've been working on my American Idol project, and that has consumed a large part of my time. In addition to that, I've had to divert my attention to do some research into important matters for a friend.

Now progress is being made. The 60% program is still looking good. I have a few more weeks of waiting before I will be in profit, and be able to compound risk-free. The other HYIP I joined that was supposed to give me a very large profit (compared to my investment), has sadly continued to be delayed. At least it hasn't disappeared. I'll give until end of June before I write it off.

My adsense program has not been returning any significant yields. However, the potential is there, and I am on the right track. With all I've been learning from my personal American Idol project, I have been devising a plan on how to leverage this knowledge. I must say I'm pretty pleased with this idea. I think it is a winner! I also don't think it should be too hard to implement. Therefore, I have decided to set a new target.

Recall that my initial target was to make $500 each month from just my internet activities. I feel that is pretty much in the bag now, and with my optimism for the idea I'm working on, I believe I can strive for much higher. So on the conservative side, I am expecting to have accumulated $100,000 by the end of this year.

So that is my new target going forward until I feel that there is good reason to up it again. As usual, I'll endeavour to give updates on a regular basis.