When it comes to making money from home, there are two things I don’t touch: FOREX and the Stock Market. Yes, there’s a ton of money to be made if you know what you’re doing. There’s no magical program that you can use that will automatically make you millions and if you aren’t careful, you can lose A LOT of money VERY QUICKLY.

Today’s post comes from Celeste who lost only a few bucks to Michael Cohen and DoublingStocks.com. She writes…

This company scammed me and many others. This fellow rarely ever provides a stock pick and WILL NOT REFUND YOUR MONEY PERIOD. If you try to get your money back they will either ignore you completely or increase their emails to you explaining why there is no stock pick this week. I have asked for my fifty dollars back on twenty eight occasions and either got no response or got one of the latest excuse emails. The very few stocks he recommended, I lost money on because they were what are called “pump and dumps” and unless you are aware of when to get out, you never, ever make money on them. This fellow never let us know when to get out and by the time he notified us of his great deals, he had evidently already offered them to his premium members (the poor saps who paid a fortune for his system) and they had already made any money there was to be had from the pick. I was completely new to the stock market and believed all his hype. Please, don’t fall for it…the guy is a great blowhard but that is it. Below is the latest of his emails, with the latest excuse he offered….

“Michael Cohen”

Peter Leeds at PennyStocks.com did some awesome research on Stock Picking Robots. If you sent money to these guys through Clickbank and you want to get a refund, simply fill out the form here: http://www.clickbank.com/orderDetail.htm?clear=true&locale=EN

Other than that, stay away from any type of program that will automatically make you thousands of dollars. It’s never that easy.

There's only ONE program I really recommend. It helped me turn my 'hobby' into a $10,000+ per month money making machine. Click here for the exact formula I followed.

Last Updated: March 15, 2010

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