Be wise and dont fall prey to easy and quick. Review on Speakasiaonline

It feels great to write a review on MS after so many days and that too for a very healthy cause.  I found reviews on speakasiaonline on MS but they were not very detailed so not helpful for readers, so they could not make out anything about the product, so I decided to write one.  Guys everyone must be watching IPL and also will be seeing an add of speakasia.

The ad must be tempting you to see what it is enabling you to find more information about it.   I also got eager after seeing an add and decided to find out more about it.  After gathering information I came to know that, the site is a survey site which pays you for taking surveys.  Let me tell you more about the site.

This site guarantees to pay you rupees 52000 by just investing rs 11000 for one year i.e. 345% returns in one financial year.  You have to do just two surveys in a week and you can earn 1000 rs weekly and 4000 rupees a month.  If you make any members that will maximize your earnings and you can earn much more.  This sounds so lucrative, but is it logical.

I really cannot seem to find an answer for it.  In Nagpur also I came to know from one of my relative that he has invested rupees 33000 in January 2011 and his son's friends have joined him as referrals and he earned a huge income of 1 lac till date, I did not believe it at first but he was my close relative so why would he lie to me and I considered it as true.  He also asked me to join but I decided to gather all the information about this thing before I invest because 345% return in a single year is absolutely unbelievable.  I asked him about the members he has made, are they getting paid he called them and I decided to visit few of them personally as I am having holidays these days due to Easter as well as marriage of prince williams as my work is uk based.  I went to few of the members that he made who have invested money on speakasia, they said they are getting money regularly, although they have not made any members just by filling the surveys, the money is credited to their bank accounts properly in time, but this also could not establish my faith on the concept.

I decided to have a good look at their site.   The company says it gets paid from the corporates from the surveys which they carry out.  I thought if that is the case, I mean if they are getting paid why would they take initial 11000 rs from the people who join????? They are giving 500 rs per survey which takes nearly 10 minutes.  I took one sample survey as well.  It was very simple.  There is nothing wrong or right, just you have to choose an option.  No option is correct and nothing is incorrect.  All this sounds so attractive.  Why work hours when you can earn money so easily one must be thinking, why waste so much money of our parents on education, when you can start earning money so easily without any eligibility, without having to use your mind just by choosing A, B, C, D.

After a wiseful thinking I came to conclusion that this is another Multilevel Marketing thing.  People are getting paid just for filling the surveys because money they are getting as inflow is much much more and they dont have to pay all the money at once to the invested indivituals, in parts they can pay, so that keeps adding new money to their accounts.  Like if I give them 11000 rs today it wont be a big deal for them to give me 4000 rs after a month because during that period a lot of members would have joined and speakasia would have got multiples of 11000 rs taking their cash sky high.  So, I understood that it is not a big deal.  Are Indian corporates fool to pay money to site for gathering opinions, then why are they investing crores on advertising when they can save a lot of money by this route.   I think the surveys must be designed by speakasia itself, they wont be getting a single rupee from corporates, and they are just doing money rotating business i.e. just pass the basket.

As long as the inflow of money is more than the outflow I think people will continue to benefit and earn good amount of money through it, but as soon as the outflow becomes less this concept will start nearing its end.  Advertisement which they are giving is the money of investors who have invested in speakasia for multiple returns and sony max has nothing to do with the company, its base or what does it do, if sony max gets money they wont mind giving mercy adds for kasab on their channel if somebody promises to pay them for that advertisement, these channels are money hungry, trp hungry.  They have made that Fake saibaba god because he was sachin tendulkar's idol.  You must be wondering if the company is fraud why has it not run away till now.  I think they must be having a target set in their mind.  If they achieve that much amount I bet guys they will run away, it may happen in a day, in a week or a fortnight or may be a year but time will come when they will run away keeping investors burn their fingers.

So, beware guys this is a bubble which can burst at any moment.  There is no fast money in this world, money only grows in long-term..