Is 7 Day Wealth a Scam ? – A Review
7 Day Wealth are a little different from the rest as they don’t really have a product. They claim to be an investment club.
This is a great idea in theory. Pool everyone’s money together and invest it and share the profits. They also claim you will never lose any money and in fact “guarantee” you will make money.
I always get a bit leery when companies make such far fetched guarantees. Anything that sounds too good to be true normally is.
If you search the internet you will hear both good and bad stories. People have paid money and got nothing whereas others have. One problem I can already see is that they pay a 50% commission on your first level referrals and 25% on your 2nd level. That’s a total of 75% commission paid on your first 2 levels alone ! If at least 75% of every dollar invested is paid directly to members as referral commissions how much money is left over for investing ? i.e. if i choose to invest $100 into the club, $75 (or possibly more depending on the other 8 levels commission structure) is paid immediately to the people above me. How can my investment make any money when there is barely any investment left ? How can they turn $25 (or less) into more than $100 in a short period of time ?
So for these basic reasons I think it’s pretty safe to say this is just another scheme that will eventually fall apart as they are very likely depending on the growth of new members and new money coming in, in order to fuel commission payments. Once the growth slows down they won’t have any new money coming in and the payments will stop and the whole thing will collapse. Just my prediction.
As for me, I will just stick with my simple Work for $3 program that has consistently been paying me commissions for the past 7 months and continues to grow week by week.
Feel free to leave your comments good or bad regarding 7 Day Wealth below.
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That’s absolutely nonsense…you haven’t the faintest idea about 7DW’s commissions or pay plan. And THAT IS a fact.
Another fact is you have just proven how useless this program is. If a regular guy like me goes to their webpage and reads their compensation plan only to be told I haven’t the faintest idea of how it works, then they have failed miserably at promoting their program.
The most important thing about any program is how they compensate their members. If I am really that far from the truth then 7DW is even worse then I thought at first.
Feel free to post the true compensation plan here as we now know the one posted on the 7 Day Wealth site is incorrect. Thank you for letting us all know that. Who would have thought ?
Umm Andi is completely right don’t post stuff you have no idea about. Been a member of 7dw for the last year now and lets say you invest 100 bucks you make 1% daily on that amount for the first 90 days, of which you invest is nothing to deal with the 7dw wealth part of it. Learn your facts before you post nonsense
Hi
The “nonsense” you speak about has come from the 7DW site – so they have failed to properly explain the program.
I sincerely invite you to correct my mistakes so I can represent the program as it actually is.
For example you said invest $100 and make %1 per day – is that what they offer ? After 90 days you get $90 back ? What about the intial $100 investment – do you get that back ?
Can you take the $100 investment back anytime you want or is it locked ?
How do they take your $100 and make money from it ? What system are they claiming to use that enables them to get such great interest rates ? Without that info they are yet another ponzi scheme – I have seen 100s of these and they all fail eventually – some faster than others.
If what 7DW say on their site is inaccurate please let me know the real deal. I would appreciate it and Im sure other readers would too
Kind Regards
Yes your deposit is locked for the 90 days, but you get $90 in interest plus what you invested back or you can reinvest that and keep doing so every 30 days after the first initial 90 day period of what you deposited. so example 1% of the $100.00 is a dollar for 90 days equals $90 bucks plus your $100 which equals $190.00 so take it out or reinvest it and that is for only 30 days which would be $1.90 for those 30 days and u can reinvest it again for another 30 days or take it out
OK sounds good so far. Do you have any idea how they are able to do this ? Where is the profits coming from ?
Further, is there any incentive for members to recruit other members and if so what is that ?
Also please, if you don’t mind, share with us how much money you have invested with them so far and what return/profit you have recieved thus far.
Thanks for your input