WBWSO Wealth Builder Website Owners Investment Plan Review. Is WBWSO A Scam?
WBWSO, or Wealth Builder Website Owners is an internet site catering to investors seeking higher returns to their investments on a relatively short term. The sales pitch is certainly interesting and sure to attract many copy cats, which is unavoidable, which brings to mind that thousands created directories after Google, yet none ever caught up with them, Google is still by far the uncontested n°1 of the Internet market.
WBWSO has the advantage of being the first to market the idea of attracting capital for the purpose of exploiting a relatively young niche on the Internet called site flipping. If you do not know what it is, compare it to customizing cars. A rather bland high-end vehicle will find its way to a customizing shop with a worth of, let’s say 100 000$. After the car leaves the capable hands of these professionals, it will have doubled or even tripled its value.
If you don’t believe me, go shop for a new AMG version of any Mercedes and you will get the point. What WBWSO does is very much the same, but they apply their know-how and techniques to websites on the Internet. It is high risk investment because what rides high in the trend today might not attract the same following tomorrow, which makes it very fickle indeed.
They make up for it by investing broadly in a number of niches, most of which will remain secret to protect their investment, which is sure to produce a few winners in the long run, I measure the term, as three years, on the Internet, is the equivalent of several decades of advancement in any other market segment.
So, is turning that 100$ into 90 000$ within three years a scam or a good bet? Compared to any other popular HYIP site on the market today, the 0.63% of daily gains seem paltry, as there where some sites that propose between 4 and 6%, not to mention the ponzi schemers who propose 150 to 750% within a day to a week. Considering they are willing to develop an affiliates network that will pay 7 levels deep and the fact that emails get answered, I will definitely put up that 100$.
Update written on June 5th 2010:
The first investment of $50 made in November 2008 now reads as follows:
Total Current Value: $1,711.56
Total Profit Made: $1,662.49
It seems things are well on track.
[...] WBWSO Wealth Builder Website Owners Investment Plan Review. Is WBWSO A Scam? WBWSO, or Wealth Builder Website Owners is an internet site catering to investors seeking higher returns to their investments in a relatively short term period. The sales pitch is certainly most interesting and sure to attract many copy cats, which is unavoidable, but thousands created directories … [...]