Three Steps To Profiting Wildly With Autosurfs And Hyips Part Ii

Three Steps To Profiting Wildly With Autosurfs And Hyips - Part II
As mentioned in​ Part I​ of​ this article series, there are three (3) primary areas where one would be wise to​ consider using specific strategies designed to​ help enhance your profits, limit risks, or​ both.
1 .​
Program Selection
2 .​
Portfolio Management
3 .​
Money Management
My previous article explored Program Selection .​
Now let's look at​ the second primary area of​ concern, portfolio management.
2 .​
Portfolio Management
Everyone tells you to​ diversify and they're right, you should; but that's not the end of​ the story.
How many programs should you diversify into? If you're into paid-to-surf programs, make sure you don't diversify so much that it​ takes an​ excessive amount of​ time to​ get all your surfing in .​
Most programs require you to​ surf their advertisements on a​ daily basis and failing to​ do so can quickly reduce your ROI .​
Also, don't diversify to​ the point where you have problems keeping track of​ your portfolio.
Many people say to​ get into the lower ROI sites because they last longer .​
That's a​ little misleading, actually .​
If one site is​ paying a​ daily ROI of​ 2%, then it​ only needs to​ survive half as​ long as​ on that pays 1% per day .​
But you also have to​ take into consideration that time is​ money, and the longer you have to​ wait to​ get your profits, the more costly things are in​ terms of​ risk and overall return.
Another thing to​ understand is​ the principle of​ diminishing returns when adding programs to​ your portfolio .​
In other words, when you spread your risk from being in​ one program to​ being in​ two programs, you've cut your risk by 50% .​
Adding another program will only cut your risk by 33% and a​ fourth program will only cut your risk by an​ additional 25%.
So you can see that each program you add to​ your portfolio offers less and less in​ terms of​ decreasing your overall risk .​
Ideally, you should probably be diversified into 10-20 different programs .​
Try to​ be in​ five programs at​ the very least .​
Too many people put all their eggs in​ one basket because they've fallen in​ love with the program .​
This is​ a​ classic scenario for disaster .​
Don't let it​ happen to​ you.
There's a​ difference between supporting the programs you belong to​ and defending them against rumor mongers and such in​ the forums, compared to​ blindly believing in​ a​ program despite all the red flags.
What kinds of​ red flags? Good question .​
When should you get out of​ a​ program? The single most reliable indicator of​ a​ program about to​ fail is​ late payments .​
The best way to​ monitor this indicator is​ to​ watch what people are saying in​ the forums or​ at​ your favorite monitoring service (e.g .​
That covers the essentials with respect to​ portfolio management .​
Stay tuned for the conclusion to​ this article series, Part III which covers money management.

You Might Also Like:

Powered by Blogger.