Name: Share This Profit
Price: $5 adpacks
Rank: 40/100 – Not Recommended.
What Is It?
Share This Profit is a High Yield Investment Program, otherwise known as an HYIP. It works through the purchasing and investment of adpacks, which are then pooled and dispersed among its members. Thus, by investing into adpacks you can essentially earn more profit.
Despite being criticized for its true effectiveness, programs like Share This Profit are becoming more and more criticized for facing a variety of issues like the inability of being able to payout members and its inability to sustain over the long-term. For the time being however, Share This Profit seems to be paying out to its members. Some of the main drawbacks involved with Share This Profit is the time it takes for your adpacks to cycle and the amount of investments needed to earn.
How Much Is It?
Unlike other HYIP’s, Share This Profits adpacks are actually affordable. At only $5 per share, you can come out on top with $8.50
– a %170 share in the earnings. So the more adpacks you end up purchasing, the higher the potential for income you can make.. What they don’t tell you here however, is there is also an increased risk of loss. It’s never guaranteed you’ll make this money back.
In the short-term however, you have better chances of making this money back. While I have seen a large number of similar HYIP products come and go, I have also made some money with them. On the other hand, some may not find this way of earning so ethical and some might walk away more disappointed than others.
How It Works?
Now the only thing that makes Share This Profit actually legal is the fact they sell advertising services. Some might criticize this as just a “front” per say for the real opportunity at hand, and that is earning money through revenue sharing. But as you can already guess, revenue sharing is a hard type of program to crack.
First of all, when you buy an adpack, what you are really doing is simply purchasing in a long line of positions to wait your turn and earn. These positions cycle one at a time depending on the number of people who join the program and end up buying adpacks. This money is then cycled over to the older members. Therefore, all your payouts and how fast they come in will depend on two things:
#1. The number of people who join and #2. How many adpacks they purchase.
If for some reason, people stop investing into Share This Profit, then there will be no more profit to share and the company will shut-down, regardless of whether you’ve been paid or not.
Share This Profit Overview
Nonetheless, I wouldn’t call Share This Profit a big money earner. While it can be a good way to make some quick profit fast, there’s always the risk of losing it. In my opinion, the risk isn’t worth the reward in this case. But ultimately, it is your call. And while the idea can sound good to some people, it just doesn’t make a whole lot of sense. How can you make a profit out of nothing?
I find it unethical to be taking money from newer members and then using that to pay out old members. You’re putting the newer members money at risk especially when there is no guarantee more and more members are going to keep coming in and investing.
It’s no wonder the majority of these programs tend to die out sooner rather than later and it’s even more unfortunate to see programs like Share This Profit take advantage of people who are completely new to this. The least they can do is make you aware of the risks! If you’re looking for a real and legitimate way of making an income, click here. Otherwise best of luck in your “profit-sharing” endeavors.