Free Money

It was supposed to be a once-in-a-lifetime opportunity. Instead, it ended up costing Brisbane mum Suzie McDarra thousands — and almost ruined her relationship with her son. For those who haven't had a friend invite them to a Tupperware party, who haven't been asked whether they want to "invest in an exciting business opportunity", multi-level marketing companies (or MLMs) might seem a bit foreign. But worldwide, they're part of a multi-billion-dollar industry. Some of the bigger brands in Australia you may have heard of include DoTERRA, Arbonne, Rodan and Fields and Herbalife. Given 49-year-old Suzie had been running her own successful small business as a massage therapist for a decade, she wasn't new to the idea of building a client base or taking risks. Far from it, in fact. Living week to week, Suzie thought that selling a product that she already used, from a multi-level marketing (MLM) company that promised her a "passive income", wo...

It seems that almost every time we start a YouTube video, we are bombarded with advertisements that show people telling us to drop out of college for some kind of get-rich-quick scheme.  Internet gurus like Tai Lopez all suspiciously started out the same way: they were broke and thousands of dollars in debt from a "useless" post-secondary degree. All of a sudden, they started making thousands of dollars a month and are supposedly living the dream.  Of course, people in similar situations begin to wonder how these supposed business prodigies do all this, gravitating to them and their (paid) online classes where they allegedly teach the tricks one needs to start making money in the simplest way possible.  This 'simple way' of making money is often nothing other than multi level-marketing, otherwise known as MLM . But what is MLM, and is it actually a legitimate way to do business?  MLM is a strategy that involves people selling products to a targeted demogr...

The first thing Christopher Terry wants you to know is that he's a working-class guy from the Bronx.  The second?  Baby-faced Terry, with his slicked-back hair and slight paunch, wants you to know that he's a top-notch trader in "everything under the sun," from equities to options to foreign exchange. "If you're a forex trader, act like it," he says, extending his arm in a classic New York City boroughs gesture. That said, it was Terry's earlier effort in Amway, the world's largest multilevel marketing (MLM) company, that gave him the idea for his current venture: iMarketsLive, an MLM — or what he calls "networking marketing" — company that purports to teach participants how to trade forex, a market so risky that even the world's greatest money managers often utterly fail at it. "I didn't make any money in Amway. I made zero. But it created a mindset of wealth," says Terry, 53, who says his girlfriend got him...

Fourth Quarter Total Net Revenue Decreases 0.2% to RUB 6,242 Million and Adjusted Net Profit Increases 116% to RUB 2,519 Million or RUB 40.32 per diluted share Full-Year 2020 Total Net Revenue Increases 12% to RUB 25,978 Million and Adjusted Net Profit Increases 54% to RUB 10,304 Million or RUB 165.09 per diluted share QIWI gives 2021 Guidance Board of Directors Approves Dividend Payout Ratio for 2021 QIWI announces CEO succession NICOSIA, Cyprus, March 30, 2021 (GLOBE NEWSWIRE) -- QIWI plc (NASDAQ: QIWI) (MOEX: QIWI) ("QIWI" or the "Company") today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2020. Fourth Quarter 2020 Operating and Financial Highlights Total Net Revenue decreased 0.2% to RUB 6,242 million ($84.5 million) Payment Services Segment Net Revenue increased 6% to RUB 5,811 million ($78.7 million) Adjusted EBITDA increased 125% to RUB 3,614 million ($48.9 million) Adjusted Net Profit increase...

Tax records show that "The Apprentice" rescued Donald J. Trump, bringing him new sources of cash and a myth that would propel him to the White House. From the back seat of a stretch limousine heading to meet the first contestants for his new TV show "The Apprentice," Donald J. Trump bragged that he was a billionaire who had overcome financial hardship. "I used my brain, I used my negotiating skills and I worked it all out," he told viewers. "Now, my company is bigger than it ever was and stronger than it ever was." It was all a hoax. Months after that inaugural episode in January 2004, Mr. Trump filed his individual tax return reporting $89.9 million in net losses from his core businesses for the prior year. The red ink spilled from everywhere, even as American television audiences saw him as a savvy business mogul with the Midas touch. Twelve years later, that image of the self-made, self-saved mogul, beamed into the national consc...