Wealthy Cash Magnet

What is it? How does it work?

WealthyCashMagnet is a long-term passive online income program based on advertising. Advertising packages, which WCM calls "PIPs" are sold and range in value from $8 to $256 each. These ad packs offer a certain amount of credits which can be used to advertise your website or online business. WCM members also receive a percentage of the sites profits for each ad pack that is purchased. Every 8 days, members earn roughly 21% of their total spent on advertising packs until they expire after 12 cycles. That works out to roughly 2.625% per day for 96 days. For example, if $384 was spent on 12 PIP 3 ad packages ($32 each), then every 8 days the member would receive $81 for a total of $972 after 12 cycles. However, a minimum of 50% is automatically put into a repurchase balance used to buy additional ad packs. This is essentially automatic compounding which can be set from 50% to 100%. This will ensure both higher, and longer lasting profits from the program.


Referral Commissions
 
WealthyCashMagnet is a passive income generator, therefore you don't have to do anything but purchase ad packs in order to earn money. However, they also offer referral commission for those who wish to actively promote the program and refer others. WCM offers commission on each position purchased by a referral:

PIP 1: $8 --> $1
PIP 2: $16 --> $2
PIP 3: $32 --> $3
PIP 4: $64 --> $5
PIP 5: $128 --> $10
PIP 6: $256 --> $15


Payment Processors

WealthyCashMagnet accepts the following payment processors: Solid Trust Pay, EgoPay, Payza, Perfect Money, and Liberty Reserve. The fees are 6% for deposits, and $2 per withdrawal with a $5 minimum withdrawal. Additionally, there is an initial one time $10 membership fee in order to earn on ad packs. Withdrawals are processed from Monday to Friday and in my experience are processed almost immediately after requesting, but may take up to 24 hours.


Will it Last?

In my opinion, WealthyCashMagnet has what it takes to keep itself running for a long time. It's actually selling something (advertising), and it uses external sources to generate profits, primarily through Forex. According to the program's admin, the initial goal was to keep it running for 1 year. Due to its success thus far, he has his sights set much further to 5 years. While this all sounds nice, it is important to remember that programs like WCM are still high risk, and could come to an end at anytime despite the good intentions of the programs administrator.



links:
Official MMG Forum Thread  (admin posts here under username "WCM")
Official Facebook Group
Skype id: wealthy.cashmagnet


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