Within five minutes of being on the “inside” you’ll feel like you’ve been taken! What could potentially make you get involved in the first place? Is the sales letter that good? Probably not. You’re probably amused in either making money, or in learning some useful information. In either case, the “Lawn Chair Millionaire” is seriously lacking!
The sales copy for Lawn Chair Millionaire makes it sound like they have a vault of information full of ways to make much more money. Far from the truth! Here are the details about Lawn Chair Millionaire and what it’s actually all about.
Finally somebody is telling the truth, and not really selling you with their affiliate link connected.
The Pitch
A splash page tells you how much you can make in a single helpless (over $3,250!) with a rapidly increasing dollar amount waiting for you in the “money pool.” You can grab your share if you just get in now.
They also talk about their secret vault, which promises a list of places where you can go that are non-mainstream that you will benefit from good investing options. What the vault really is will shock you!
This far is true – the money pool is a brilliant marketing concept. The share of the money pool is actually just a discount for the first three months, but this marketing ploy is designed to keep people involved for at least three months. My money pool amounted to this:
Month 1 = $19.52
Month 2 = $23.73
Month 3 = $28.31
Pretty slick, right? That means for a $29.95 a month purchase, I would hardly have any out-of-pocket expense for the second and third month.
Here’s the problem, it doesn’t matter how far you pay or could earn if the opportunity is merely a money-shell game. Without real value to the product, all you’re doing is exchanging money in hopes to get out more than you put in. No price is worth paying for this program! You can bet people will begin dropping like flies famously their three month run is up.
The Signup Fee
One of the most aggravating things about this program is the $49.95 signup fee, which is 100% non-refundable. They actually soak you before you have a chance to actually get inside and look around.
It appears the Lawn Chair Millionaire people are the same group who brought us MyWorldPlus (my review on that was none as well friendly). If they told you ahead of time who they were, you might run the other direction. Unfortunately, they cover their tracks fairly well. Only when you become a member do you see the same people involved and by then they have your $49.95 fee no matter what you do.
The Vault
Now comes the biggest disappointment of all, their so-called “vault” of helpful investing and money-making information turns out to be a bunch of hyped-up fancy talk. Instead of meaningful information, all you get is a simple list of three other programs that cost additional money. I’ll tell you the three programs now, so you can decide whether you want you would rather have paid $70+ just for the privilege to see this:
Program 1:
The Smart Cash System
They call it “the most exciting, simple and fast way to make money that we have ever witnessed!” Which is insider speak for “it’s a complete gamble.”
The Smart Cash system is a HYIP (High-Yield Investment Program) and there are hundreds of these things out there on the internet. Very couple of make money, and even the ones that do make money don’t seem to stick around very long.
They claim: “11% gains in one day, 54% gains in 3 days, $300 into $3,000 in much less than 30 days” and they actually give 2 snapshots as proof (yeah, some proof).
I would highly recommend that you stay away from programs like these! Those gains cannot be sustained otherwise people would be turning $300 into three billion dollars in just nine months. Stupid! It won’t last! And by the way, it also costs $189 for the privilege of gambling your money away.
Program 2:
60 Minute Trader
Wow.. a program to make a bundle in the stock market. They claim, “If you haven’t so far as traded a baseball card in your entire life you can make a fortune in the markets thanks to 60 Minute Trader.”
Not only is that statement poorly written, but it’s ridiculous! So you have in no way traded anything, and have no idea what you’re doing, but this simply system will allow you to push some buttons and outshine all the professionals. I doubt it. Maybe Warren Buffet ought to quit investing and use the 60 minute trader himself – that’d be a lot easier than actually learning how to invest properly.
Program 3:
FreedomRocks
Okay, this program is the closest thing they suggest which is a legitimate program. However, actually this recommendation is promoted as easy money and quick riches, which is misleading and dangerous.
Briefly put, the FOREX (Foreign Exchange) market is crazy and can be dangerous if you don’t know what you’re doing. Supposedly you can only follow the advice of the FreedomRocks system and you’ll ride through market waves and eventually make a lot of money. I actually did this exact thing for some time and initially did make a hefty return.
Then the market crashed in a large way. The dollar dropped steeply over the course of 3-6 weeks and I lost 97% of my money permanently. From over $10,000 to $262 where the margin call kicked in and I was done.
Now mind you… this was after 1 1/2 years of successfully using the system, following the advice of FreedomRocks and riding out a number of other major market moves. I thought I had it figured out, and then this happens. And it will happen again.
You need to know this so you’ll be aware. FreedomRocks is not a scam, per-se, but the methodology is flawed. There is no downside limit to your risk, so you could do nicely for years perhaps… and then lose it all!
If you are going to invest in the FOREX, you should actually focus on learning different methods and approaches. Limit your downside risk instead of the FreedomRocks way (where everything is usually 100% on the line).
FreedomRocks also charges you $100 for their system. (this Lawn Chair Vault is looking worse and worse)
And that is the extent of the vault!
Can you believe that?
Three recommendations for other risky programs. Go investigate these three on your own if you actually want, but keep your money away from the Lawn Chair guys.
Conclusions
The Lawn Chair Millionaire program is also making money by selling expensive leads through their ProMailer program. If you want to use ProMessenger you have to install extra software, and their compensation plan is vague and never explained in detail (“residual income” they say – yeah but how much and from who?) It’s a shame that so numerous people are supporting this!
Why two inches from a scam? Well, these guys are paying out commissions as promised… so technically they are legal. But there is hardly anything of value here.
Now you know the truth. Tell as numerous as you can to read this first before they get sucked in and are forced to recruit others just to make money.
The author has written more about vinyl lawn chair covers and lawn chair covers on his site, check them out: http://www.lawnchaircovers.net/ and vinyl lawn chair covers.
