My experience with passive income and no skill income programs...

I figured now would be a time I could go into my experience with them. Here is a list of programs I have done, and my experience with them:
1. 12 Daily Pro (No Skill Income): I borrowed money on my credit card to put money into it. It collapses right before I could get the money in. I decided to start a business with the money.
2. Passive income importer startup: Managed to get over $1,400 in commissions from people recommending it. Also, I put $600 of my own money in. Currently, they are being audited by the S.E.C and payouts are frozen to people until the S.E.C approves. There is discussion of merely returning the principle back if things don't go right. Apparently they broke some obscure rule or two, and the S.E.C came down. If this works out, I will be getting over $10,000 from the investment I made here. But it is at risk.
3. A travel club that paid returns on purchases (Passive Income): Started out fine, but has run into problems with hackers stealing funds, and checks being delayed due to changes in the payment plan over time to new purchases. Checks apparently were being paid "like clockwork" up until I got involved.
4. Two surf programs with one company (No Skill Income): I borrowed against my credit card, maxing it out. Went fine several months. Right before I was about to get funds out, things started to go wrong. First they said they were having problems with the server, then they said they were having fraud on the part of members. Surfs are now set to go through relaunch, and I am awaiting to get paid. It is going over 3 months now since people have been paid consistently. The company is now looking to get set up with the S.E.C to engage in legitimate investing. Company is also going through an auditing process. Their excuses sound like a "dog ate the homework", but I wait and see.

This is my experience with Passive Income and No Skill Income programs. I press on with EDC while waiting for issues to get ironed out. With EDC I am in decent control, and depend on my skills, plus I have gotten training also. With their release of Promo Black Box in May, I will be able to make around $500 per sale, plus a 5% residual on future sales to the same business.

Procede in these type of programs at your own risk, and make sure you can afford to lose what you put up. These programs are of greater risk than your own business because you have less control. One thing I have found is any glitch and delay can drive one to possibily panic. I know I have had to deal with it.