19 Oct

Product Testing USA Review – Legitimate Or A Scam?

If you're in need of extra cash, online surveys are a great way to make money at home. While Product Testing USA doesn't fall into the normal category of survey sites, it still offers similar features.


Product Testing USA is more of a product testing site than an actual survey site. They aren't too far apart, though, since many survey sites allow their members to test products as well.

“Testers” review products from the following categories: Baby, Beauty, Fashion, Technology, Gaming, Home & Garden, Pets, Entertainment and Dining. They can also participate in mystery shopping.

While they aren't accredited with the BBB (Better Business Bureau), you can find them on Facebook, Twitter, YouTube and Instagram.

How It Works

Here's how Product Testing USA works.

  1. Select a product that you want to test
  2. If selected you are chosen, receive the chosen product
  3.  Test and review your product

A unique quality about this online GPT site is that they do not pay members for their reviews. Selected testers get to keep the product for free as a form of compensation.

Some users like this form of payment, while others prefer the traditional form of cash. If you're looking for something other than the traditional survey site, Product Testing USA is for you.

Getting Started

As long as you live in the US, UK or Australia, you are eligible for Product Testing USA.

Potential testers can sign up through Facebook or email. While signing up you have to enter your number, which may seem sketchy although they say it's so that they can alert you on new offers.

The signup as a whole is a lengthy process, but it's completely free and if selected, you get to test and keep the product! All they ask for in return is a review of the product or experience.

Before you can actually test a product, you must verify your email and complete a questionnaire. Then you will be able to start your product testing experience.

Product Testing USA is looking for new Testers, mystery shoppers and secret diners. Click here to sign up now!

Earning Potential

Product Testing is primarily known for their unique testing experiences. Users write a review in exchange for a free product.

Review requirements are a written review of at least 500 words, a minute long video and photos.


Instead of only registering once, you have to register each time  you test a product. You can check which products and other opportunities you have registered for by logging into your account and clicking on the ‘My Account’ tab.

Aside from product testing, Product Testing USA offers surveys as well. The twist is that none of them are their on surveys. Surveys are provided from other panels like Vindale Research and Toluna.


When it comes to evaluating any type of GPT site, safety is very important. Product Testing USA was a little fishy when it comes to their standards of privacy.

Let's begin with the fact that they gave my email to Vindale Research. I know this for a fact, because I had never signed up with them prior to Product Testing USA. 

After you register, you have to complete a questionnaire that allows you to sign up for additional offers. By checking a desired box, you can opt into different offers that would normally require a lengthy signup procedure.

This can be good and bad because while it saves time, your email happens to fall into another company's hands. This is how Product Testing USA gets around giving my out my email to one of their third-party sites without it being labeled “a scam.”

Some might consider this a scam and others might think what they are doing is completely fine, but it raises some suspicions with me.

The site contains links to third-party websites. These linked sites are not under their control therefore they are not responsible for their privacy pratices.

Submission Technology, Ltd. and its affiliates claim to protect your personal information. ST owns information collected on Product Testing USA and promises to not share it in any way different from what is described in the privacy policy unless you authorize them to do so.

Legit Or A Scam?

While their policies are concerning, it doesn't land them as a scam. I wouldn't be jumping out of my seat to sign up for Product Testing USA, but if you want some free products, then I don't see the hurt.

Always make sure to be careful, and review the steps to determine whether a survey site is legitimate or not.


How many products can I register for?

You can register for as many products and opportunities as you want- whatever suits your interests.

Is there any way I can stop the notifications?

To stop notifications, you can right click on the notification and click disable if you are on a desktop computer. If you are on a mobile device there will be an option within your browser settings to disable notifications.

Why am I being contacted by third party companies?

When you initially signed up to Product Testing, you would have been asked to confirm that you agree with the Privacy Policy and Terms and Conditions. In the Privacy Policy, it states that you will be contacted and selected by third parties.

Product Testing USA: Conclusion

Yes they are a legitimate get-paid-to website, but are they worth it? They have profitable offers, although it's a risky time investment. You don't know whether you'll be one of the many who have wasted their time, or the exception that got what they worked for. It all depends on if you're willing to put your time on the line.

Based on the information I have covered, I wouldn't be excited to join Product Testing USA. Unless you're looking for some free products, it would be of benefit to focus your sights on more secure, higher-paying survey sites.

If you're looking to sign up for a legitimate survey site and don't want to have to have second thoughts, I personally suggest Swagbucks. Swagbucks is the #1 rated survey panel on our review site, and for good reason. Their easy interface and large variety of tasks make earning money easier. To learn more about this popular survey panel you can access our full review here.

15 Oct

myiyo Review – A Real Paid Survey Site Or A Total Fraud?

Money is tight these days, every spare penny counts. Luckily I have a solution. Survey sites like myiyo are an easy way to provide yourself with some extra cushion room.

Online surveys are an exceptional way to make some extra cash. Out of all the ways to make money at home, I have found that survey sites are among the best.

The question is, where do you start? There are hundreds of survey sites out there, and it can be tricky to try and filter through the scams.

While looking online, you may have encountered myiyo. Like any typical survey site, it rewards users with money each time they successfully complete a survey. But how legitimate are they really? Some of the best-looking sites out there are scams. So how do we know it's legitimate? In my full review, I will tell you all the ins and outs of this potential survey site.


Read like “my eye oh,” myiyo is the abbreviation for original name “in your opinion.”

myiyo was created and is operated by mo’web research.

The company has been around for over 10 years, and is based in Düsseldorf, Germany. During that time millions of interviewers have conducted thousands of surveys across the globe.

Even though they do not have an accreditation with the BBB (Better Business Bureau), you can catch the latest updates as well as some entertaining articles on myiyo's Facebook page.

Signing Up For myiyo

Anyone 16 years or older is eligible to join. What's unique about myiyo is that availability isn't affected by location. Even though they are primarily a European-based company, no worries. The site is accessible all over the world in countries like Spain, Germany, France, Italy, South Africa, Turkey, Poland, Russian Federation, Brazil, Mexico, Argentina, Colombia, Ukraine.


Signing up for myiyo is painless and quick- there are just 3 simple steps to get your account up and running.

  • Fill out your basic signup information such as your name, gender, email and password.
  • After sign up, you are sent an activation email. By activating your account you can earn 100 points.
  • Fill out a profile questionnaire  and earn 500 points.

Just by performing these three start-up tasks, a total of 600 points are pocketed into your account.

Earning Potential

There are many types of tasks out there that GPT sites pay users to complete. From paid offers and friend referrals,  to playing games and watching videos, it's not just surveys anymore. If you prefer surveys out of all the GPT sites out there, myiyo is for you.

myiyo offers surveys and a referral program as ways to make cash.

For each survey you successfully complete, you are rewarded with points. Points range from 500 to 10,000 depending on the length and complexity. On average, surveys are about 20 questions and take 12 minutes to finish.

If you like myiyo and want to share the experience with your friends, you can refer them using the unique referral url provided in your account. For each friend you refer, you will earn 500 points after they complete their first survey.


Aside from surveys and referrals, you can donate your points to charity called Three Little Birds, an organization that is primarily aimed at helping individuals in need. If you want to know more about the organization, you can access their website here.

Payment Methods

Now let's talk money.

myiyo runs on a point system in which members can later exchange for money once their accounts reach the minimum threshold of 20,000 points. 100 points is equal to $0.12.

If you are already a memebr of myiyo, and have been for a while, you should know that only 10,000 points ($11.82)  is required for payout.

Cash paid via PayPal, but if you live in a country where you cannot access PayPal, you have the convenience of having your cash paid via bank transfer.


It's always important to keep your private information safe while online. If you feel like your privacy is being compromised on any type of survey site, it's likely they're a scam.

Luckily, myiyo doesn't give off that kind of energy.

Nothing came up as a red flag in their privacy policy. In fact, they actually seem quite safe. They promise that the transfer of personal data to third parties can only take place with the explicit agreement of the user, and that's exactly how it should be.

Even though they aren't affiliated with the BBB, as an International Market Research Company, they fully adhere to ESOMAR’s guidelines for professional conduct as well as the codices formulated by the BVM, the governing body for German Market Research. In addition to that they must abide by the very strict and clear regulations of the Federal Data Protection Act.

These affiliated companies are completely legitimate, a tell-tale sign that you have nothing to worry about.


  • Easily accessible
  • Cash-only
  • Relatively simple sign-up process
  • Available in many different languages
  • Donations to charity


  • High payout threshold
  • You have to fill out questionnaire before surveys
  • Surveys aren't as frequent as preferred

Legit Or A Scam?

While you're hoping for a perfect survey site, it's always important to look on the other side of the spectrum as well. By doing this, you have a better picture of the overall website as a whole.

As you can see there are a lot of good things about myiyo, but here are some of the things that weren't as favorable.

Looking at the overall aspects on how they handle things on their site, I would say that they're pretty legitimate. No scams here!

They are huge on providing a convenient experience for their members, and checked off the full list on how to tell if a survey website is legitimate or not.


Can I access my account on my smartphone?

Yes, most of the surveys are compatible with mobile devices like smartphones and tablets.

What are “shoutboxes”?

You to create your own profile, known as a “shoutbox”. Within your personal shoutbox you can post photos, videos and your own email votes all for points. Your profile will be given a title such as “novice”, “experienced”, “pro” and “veteran” depending on how long you've been a member.

How do I unsubscribe from email notifications?

You can block future notifications by clicking the “unsubscribe” link in any of myiyo's emails. You can remove the blocking from your profile settings page.


When deciding where you want to sign up, it's important to know that you shouldn't quit your day job with survey sites. While some make a considerable amount of money, it's still not enough to substantiate for a single income. That's why they work best as something extra to do when you have the time.

While it's no match for our #1 site Swagbucks, myiyo is still an excellent contender when it comes to earning money on the side because they care about their users.

So there you have it. myiyo is a safe and legitimate website with good earning potential. So what are you waiting for? Sign up for myiyo now!

Click Here To Join myiyo

06 Oct

Jobs2Shop Review – Valuable Source Of Income Or A Waste Of Time?

Is It Worth Trying? – Jobs2Shop Review

Online surveys can be a great way to make some extra money. But with so many survey sites to choose from, where do you start? There are the more obvious choices like Swagbucks or MyPoints, but in this Jobs2Shop review I will discussing one of the lesser-known GPT sites out there and how it stands among the top-dog sites that are popular in the industry.

Jobs2Shop is a get-paid-to website that pays users to do various tasks like review products, read emails, take paid surveys, or do some mystery shopping.


Based out of Dallas, Texas, they are certainly a smaller company. Jobs2Shop only has around 10,000 daily visits, while Swagbucks has over a million. According to Alexa Traffic Rank, Jobs2Shop is ranked number 126,292 in the world. 

Despite the fact that they are relatively new and as a result not as well known, this does not mean that they should be thrown out of consideration. 

Jobs2Shop is accredited by the BBB (Better Business Bureau), and you can also find them on your favorite social media sites. Follow their Facebook platform to receive interesting articles and to be informed on special opportunities.

If you do not have social media, you can also sign up for their push notification system where you'll be alerted in that way.

Earning Potential

While some websites focus on surveys or paid offers, Jobs2Shop focuses primarily on mystery shopping. With mystery shopping you will be reimbursed for your in-store purchases and paid an additional fee for product testing.

There are plenty of other ways you can make money if mystery shopping isn't your cup of tea. Listed below are some more great ways you can earn.

  • Free Trial Offers
  • Paid Surveys
  • Paid Trial Offers
  • Games
  • Reading Emails

Currently the earning rates are $2 per survey, $0.50 per email you read, and anywhere from $0.10-$0.25 for playing games.

For product trials, members have claimed to have earned up to $85 per evaluation.

Before presenting any offer, they will show the amount of time it will take and amount of money it makes so their users will be further in the know.

jobs2shop banner


Jobs2Shop rewards users with cash paid via PayPal, meaning that if you do not have a PayPal account, you'll be out out luck. I wouldn't worry about it, though, starting up an account is super easy. 

Members normally receive pay every 20th of the month. As long as you have met the minimum threshold of $25 for redemption, you are eligible to request payout.

It can take up to eight weeks to get paid from the time of qualification. This quite a long time, however, the waiting period only applies to the high-end assignments and product reviews.

As you can see, there are so many ways to earn money. If you've already made up your mind, waste no more time. Sign up and start earning now! 


While there are great elements about this survey site, there was also a fair share of complaints that are also important to consider.

Some of the paid product offers are sketchy. They require you to provide your credit card information, and some even charge a starting fee. Users didn't like that. Many complain that they end up spending more than what they make while participating in mystery shopping and paid offers. While these types of offers are optional, it still raises some suspicions.

Some have complained that they've failed to receive payment for their efforts. This is a problem, and it can potentially point to a scam. There are so many incidents where a user will complain that Jobs2Shop is a scam, but not long after they received their compensation.

Jobs2Shop: Legit Or Scam?

Choosing the right survey site can be tricky thanks to all the scams out there. Luckily, while evaluating this site I've used an effective way to determine whether a survey website is legitimate or not.

Despite the concerns I would still consider Jobs2Shop a legitimate, not a waste of time. Yes there concerns are valid, but they do follow the guidelines to a legit survey site.


Is Jobs2Shop safe?

Yes, Jobs2Shop is completely safe. Information is kept in a way so that it isn't personally identifiable, and if at any time you would like to unsubscribe from receiving future emails, there is a set of detailed unsubscribe instructions at the bottom of each email. If you would like additional information on how your privacy will be kept, check out their privacy policy.

What should I do if I didn't receive my payment on the due date?

The issue can be occurring for many different reasons like wrong PayPal, incomplete information, account inactivity, or fraudulent activity. If you do not receive your payment by midnight EST on the due date, you can complete a support ticket and the team will figure out the issue.

Can I refer my friends?

Currently you cannot refer your friends. Looking forward, Jobs2Shop hopes to add this feature, so make sure to be on the lookout for this change.

Why has my account balance suddenly changed?

If you see a sudden change, try logging out and then logging back into your account. This almost always fixes the problem. If ever wish to check your balance, there is a report of your earnings that can be found under the “My Account” tab.


Jobs2Shop has some great features that set them apart from the rest. Here's what I'm most excited about.

  • Certain program can pay up to $85
  • Clean and simple design makes it easy to navigate
  • $5 Sign Up Bonus
  • They have a list of free, printable coupons available on their page that add up to hundreds of dollars in savings
  • On the right side of the screen, they show you your progress
  • An email support group is offered for any outstanding issues. You can expect a response within a few days

While there's definite earning potential, it's difficult to make a solid income with any survey site, including this one. Sites like these work most efficiently as a way to make income on the side.

Yes there may be some concerns about the company, but the benefits provided certainly outweigh them. It's up to you to decided whether the risks are worth it or not. If you are careful, there should be no problems. It's all about what you're comfortable with.

Getting Started

As long as you live in the United States and are 18 years or older you are eligible to join Jobs2Shop.

Signing up is free, and is composed of three simple steps: create your profile, fill out the member questionnaire, and then confirm your email to start earning. You also get a $5 sign up bonus which is pretty great.

After you verify email you will receive an account passcode: You will need this passcode to be able to receive payments so it's important to keep it safe.

Click Here To Join Jobs2Shop

If you've decided that Jobs2Shop isn't for you, there are plenty of other survey sites to choose from. I highly recommend Swagbucks. Rated #1 on our review site, it's dependable and is easy to use. To learn more you can access our full review here.

06 Oct

What It Takes To Be Awesome At Surveys

Multiple Angles Of Approach

Today there are countless ways you can make money on the internet; many who are traveling abroad use such methods. Something a lot of folks are getting into today, is trying to make extra cash taking surveys. You can find some that actually only take about fifteen minutes, and will pay around $2.00 each.taking surveys

If you can get four done in sixty minutes, that’s $8.00 an hour. In a ten hour day, that’s eighty dollars. It’s not much, but it’s money in a pinch, and all you need is an internet connection. There are surveys you can actually take from your own smartphone.

Also, you’re going to find certain survey opportunities that pay a little better than $2.00/per—they may just require a little searching. If you want to get these kinds of surveys, there are a few things you can do to optimize the process.

Get A Fast Connection

Firstly, you want to have a good internet connection. You’re going to need the ability to have more expedient mobile access going forward, which is good news for many who are already supplementing income successfully this way.

Soon mainstream mobile users will enjoy impeccable network speed; according to CellTowerLeaseExperts.com, “5G is on its way! Very similar to the recent jumps from 2G, 3G, and 4G, wireless carrier's’ ability to provide 5G services will open up a tremendous amount of new avenues for wireless customers.”

When network speeds increase, suddenly more surveys can be taken in less time. If it takes less than a second for a page to load, as opposed to ten, then on a fifteen-page survey, you save two minutes and thirty seconds. That’s ten minutes per hour. You can use apps like Clockspot to time your survey-taking, helping you increase your effectiveness, and gauge your network’s speed.

The faster the network you use, the better. 5G may not be available now, so in the meantime, find a secure connection you can trust. Every minute you save is money.

Finding Surveys Complimentary To Your Tastes

A lot of survey takers do it for a combination of the income, and their own enjoyment of the process. Once you’ve got a proper network solution ironed out, you want to choose surveys that concern information you actually have some interest in.

taking surveys for money

This will increase your likelihood of getting similar surveys, and will increase your enjoyment of the process. You have to have some level of enjoyment, because you’re going to be filling out quite a few, if you decide to seriously supplement in this way.

Finding Surveys That Pay More

The third thing you’re going to need are high-paid surveys. You may start with some cheaper ones, but there are billions being spent annually on surveys. The kind of information they provide is just too valuable.

So for companies that already have a higher profile, you’re more likely to get paid better. $2.50 per survey over $2.00 nets you an additional $2.00 an hour. If you can find a $5.00 survey site, five in an hour would be $25.00.

The thing is, the more a survey pays, the longer it’s going to be. At a certain point, you cross a horizon where you actually end up making less though the individual surveys pay more. If it takes you an hour to complete a $5 survey, you’d be better served doing four $2.00 surveys at fifteen minutes apiece.

The Right Digital Solutions: Finding Survey Sites & Using PayPal

The next thing you need to do is find sites which post surveys. When you can get a few of those in your bookmarks, you can find surveys that meet your particular knowledge base better. Additionally, you need to set up some digital payment solution like PayPal; this is the only way to recoup your “wages” for many organizations.

You’re All Set 

If you have a fast connection, know your own skillset, find the right surveys—and sites which list potential survey options—then pick the surveys which pay the most for the time they require, you’ll likely find a very lucrative means of supplementing your income. You’ll certainly have all you need to be a profitable survey taker. 

Now that you know how to be awesome taking paid surveys…

Here's two great survey sites to start with:

Swagbucks   MyPoints


06 Oct

Click4Surveys Review – Legit Paid Survey Site or Just a Scam?

I have come across other sites that are similar to Click 4 Surveys before. They all work essentially the same way (I will get into that in just a minute). I was surprised to find that, despite their generic name, their website is much more professional looking than any of the other online survey sites. They also seem to be more upfront about what they do. I appreciated the fact that unlike the other survey “guide or program” sites, they make no promises to reveal some well hidden “secret” of becoming rich through online surveys once you join up.


They do however promise to make you rich through their online surveys program, and that in itself is deceptive. In fact once I looked a bit more closely I found that Click 4 Surveys is just as misleading as the other websites, they just go about presenting their web page differently. If I had not had prior knowledge as to how these sites operate, I might have even been sold!

The first thing that you will come across when you come to Click 4 Surveys’ web page is a very well put together video. Opening the video are various “members” of the Click 4 Surveys’ program giving rather convincing testimonials about how Click 4 Survey changed their lives. After looking in the fine print section and finding that these so called testimonials are no more than a paid advertisement, they become much less convincing!

If you want to try a survey site that is actually honest with it's customers, try Swagbucks (Click Here to read our honest review of Swagbucks).

For act two comes a clean cut looking guy in a business suit. This guy does a great job at presenting the program. He even goes through the steps of the program which was actually refreshing because, like I said before, many other site are a complete mystery until you sign up. It seems pretty legit, but if you know about how these companies work, you will quickly realize that they are just the same as all the other guys. In case you are not familiar with the subject, let me break it down.

So they guy says that step 1 of Click 4 Surveys’ program is instant access to a database of all the best online survey companies where you can make larges sums of money. The guy takes it a step further by claiming that this database is not available anywhere else on the web. That is a pretty extraordinary claim, and it is simply not true! Not only does every other online survey “guide or program” offer the exact same thing but, you can also get the same information for FREE just by searching Google.

What the guy also fails to explain is that after accessing this database of companies, you have to sign up for each one individually. Signing up with these survey companies is time consuming, not to mention a headache! If filling out surveys is something it something that you want to do, you can do it without needlessly giving Click 4 Surveys your money.

On to step 2…apparently step 2 is choosing which surveys that you want to fill out. Business suit guys makes it look so easy, as if there are tons of surveys available that pay big bucks. Again, this is false advertisement! Although there are some surveys that pay higher sums, they are the exception, not the rule! The rule is more like $0.20-$0.30 a survey. Some surveys are even about 1-2 hours long!

It is also important to note that these survey companies must deem you “qualified” for certain surveys (mostly the higher paying ones). The worst part about it is that some of these companies will not even inform you that you are unqualified until AFTER you have completed the survey.

The 3rd and final step that business suit guy presents is getting paid. He explains to you that you have the option of getting paid by paypal, or by receiving a check. It seems very open and shut, but what you may not realize is what he does he NOT explain. If I didn’t know better, the way that he presents this I would assume that Click 4 Surveys personally provides you with your payment, but that is not the case.

What the guy is not mentioning is that each separate online survey company pays you for any money that you earn on their site. Why is this important? Well, business suit guy left out an important fact. Online survey companies have a payout rate. This means that you must first achieve a certain amount of earned wages before you are able to receive a payment.

Each company has a different payout rate.

Some companies’ payout rate is as high as $50. At $0.20 a survey this may take you a while to achieve! So, if you are using many different companies to fill out surveys your earnings are going to be stretched out over many different sites, and result in delaying your paycheck.    

Once you get past the video, just like all the other various survey guide companies sites, you are presented with yet another “founder” to telling you his “personal” story about how online surveys changed his life! Mr. Daniel Cooper makes it sound so simple to make plenty of money through online surveys. At one point he even claims that you can earn a good bit of cash in just 30 minutes “after putting the kids to bed”.

I have already gone over how most surveys only pay about $0.30 per survey and can take hours to complete, so you understand why this claim is completely unreasonable!

So, the bottom point that I am getting at here is, don’t waste your time or money on this site! If you are really interested in doing surveys, please realize that you will not become an overnight millionaire this way, in fact you won’t become a millionaire at all this way! If you are just looking for a way to pass time by completing surveys, you don’t need Click 4 Surveys, just use Google to search for surveys or use a reputable service like Swagbucks or MySurvey to find surveys for you.

Now that you know Click 4 Surveys is not a reputable site, do you want to find a better one? Click Here to see reviews of the top 5 survey sites on the web.


05 Oct

Scottrade Review 2017 | What You Should Know Before Joining

scottrade review

Are you a beginning investor looking to learn more about the stock market? Do you want a reliable online broker that is always working for your money? All of Scottrade’s clients get services from a brokerage firm with an industry-wide reputation for strength. After this Scottrade review, you'll know if this is the right online stocker broker for you.

What is Scottrade?

Scottrade is a favorite online stock broker with clients around the world. This service was created for the individual looking to grow his or her money, taking an active part in all of the decisions. They can handle complex investment situations and a range of account types. 

Whether your end purpose is giving your child a better life or saving for your retirement, Scottrade has an account to suit your needs.

scottrade iphone

In their own words, Scottrade boasts, “From tools for self-directed investors to sophisticated portfolio management from Scottrade Investment Management; we have a solution for you.” Millions of clients have chosen Scottrade for their investing and money management.

How Scottrade Works

After signing up with Scottrade, there are some options available to you. This popular choice comes with a range of investment options. The services and features Scottrade offers are:

  • Streaming Quotes: Real-time quotes are available for free. You can easily customize stocks you want to track.
  • Trading Platform: More than anything, the Scottrade Trading Platform is easy to use. The windows are divided into Homes, My Account, Trades, and more.
  • Scottrade Knowledge Center: Looking for answers? Use Scottrade’s free, helpful documents, video tutorials, web seminars, investment calculators, podcasts, and more.
  • FOREX/Currency Options: You can trade foreign currency with Scottrade, but their platform works best with US stocks.
  • Penny Stocks: You can buy penny stocks at a reasonable rate and the additional .05% fee.
  • Mutual Funds: Diversify your portfolio with one of Scottrade’s mutual funds.
  • IRAs with No Fees: No matter the type of IRA being maintained, there is no fee.
  • Banking: Scottrade offers banking services as long as there are 500 dollars in equity sitting in an account held by the company.

Once logged into your account, Scottrade offers a mobile app and a convenient online site for you to check. ScottradeELITE is a platform provided for active traders that wish to analyze, identify, and measure trends or market shifts. SmartText summarizes complex information so you can understand what is important, this includes charts, sectors, and earnings.

Commissions and Fees

The underlying cost structure of Scottrade is based on a flat-fee. When you are making a stock trade for shares that are valued at more than $1 per share, the cost is $6.95 per transaction. In the case of shares valued at less than $1, the additional charge of .05% of the principal value to the commissions on the trade. When opening a new account with Scottrade, you can get up to 700 trades free or a $2,500 cash bonus if you qualify.using scottrade

It is important to note Scottrade does have a complicated fee structure which charges clients for different trades. A few examples include paying $32 for a broker-assisted trade, a $50 cashless stock options processing fee, and a $121 monthly professional quote fee.

Steps to Get Started

Getting started with Scottrade is simple. All you need is a minimum amount of $2,500 for a cash account or $0 to start an IRA. They offer five ways to add money to your account and get started with the company.

These options are electronic transfer, wire fund transfer, check deposit, stock certificate deposit, and an external brokerage account transfer. The steps to get started are relatively straightforward. It takes about ten minutes to open your account, which includes the following steps:

  • Enter your primary account holder information.
  • Select the type of account you want to open. The options fall into several categories which include brokerage, retirement, custodial/guardian, business, and specialty. (You can get help choosing your account with this step).
  • Choose an individual or a joint account.
  • Enter personal information about yourself including Name, Address, and Zip Code.
  • Add your employment information which covers your annual income.
  • At this point, you’ll need to enter information to verify your ID.
  • After registering your personal information, Scottrade requires a transfer of funds into the account and the selection of account activities. For beginners, this may require a conversation with a customer service professional.
  • An alternative option to open an account is to visit a local branch for assistance.

If you have any questions about the process, contact customer service by phone or online chat during registration.

scottrade home

Pros and Cons of Scottrade

Perhaps the greatest advantage of working with Scottrade is the support you get from their more than 500 branch offices across the country. Many companies offer only online services, but the in-person element gives Scottrade the edge you may want in selecting a broker.


There are many positives to choosing Scottrade for all of your needs. These include:

  • Offering a broad range of investment products include the traditional IRA, Roth IRA, mutual funds, ETFs, bonds, CDs, and options
  • A convenient mobile app and mobile website for checking your accounts
  • More than 500 branch offices to visit with account questions
  • The customer service options are varied including phone assistance, web chat or email, and visiting your local brand
  • Investors looking at directing their own money are given comprehensive tools to trade, manage, and work with
  • Reimbursement of transfer fees when you set up an account with Scottrade


Choosing Scottrade does have its downsides which focus on many concerns:

  • Usability of the platform can be difficult when the company rolls out new updates
  • The costs of Scottrade exceed that of other services
  • The $2,500 cash account minimum is tough for some people to manage
  • When you need broker-assisted trading, the fee gets much higher
  • Beginning investors may be confused by the number of options available from Scottrade

Public Perception

Because Scottrade is a well-known brand, customers often select this product because of its reputation. After getting acquired in 2016, Scottrade went through a few updates, but the brand has stuck to its roots. Recent customer review says, “I personally find Scottrade pretty good to deal with. I find they are very professional and knowledgeable when you call or email them and quite prompt with response time as well.”

scottrade trading

A review by Barron’s says, “Scottrade adjusted its business model during 2015, reorganizing to include banking services along with portfolio guidance…turning its focus to guidance, building tools for long-term investors rather than frequent traders. Several never screeners have been added, along with lists of ETFs and mutual funds, which change monthly to help clients choose.”


The competition is stiff in the world of brokers and investment management. The direct competitors to Scottrade are:

  • TD Ameritrade: They offer a flat fee on their trade plan, and a $0 minimum deposit but fees add up to make them a very expensive firm to work with.
  • E*Trade: They have a customer-focused business, but it is easy to feel like you aren’t getting personalized service with this organization.
  • Merrill Edge: Owned by Bank of America, Merrill’s costs are affordable, but it is a service best suited for Bank of America account holders.
  • Optionshouse: Their flat fee is lower than Scottrade, but they have less customer service options.

Should You Get Scottrade?

When compared with the competition and all of its features are laid out, Scottrade is the right solution for you to try. The fees for trading are fair and lower than others in the industry. With Scottrade, you get access to all of your accounts in one place. After reading this Scottrade review, you've decided to join but don’t know where to start? Visit their website and reach out to them for customer service if you still have questions.

05 Oct

How to Tell if a Survey Website is Legitimate or Not

legit survey

Taking surveys online can be a lot of fun and profitable. On the other hand, finding the correct survey can be a very time consuming task. Finding one that is legitimate is the key to participating in a fun survey. If you want to profit off of taking a survey, you need to be extra cautious about which survey is legitimate or not. Follow these suggestions to make sure you are getting the most out out taking your survey and you find a legitimate survey website.

1. Make Sure There is a One Page Sign-up Form

You want to make sure they are asking for more information than your name and email address. Ones that are not asking for more information are usually a scam. Market Research Panel surveys are usually legitimate. Keep these scam sites out of line by being aware of these specifics.

2. Company Information Present?

Just like the sign up form, scam survey sites wont give you anything dealing with their business. They deliberately disclosed this information to the survey taker. You need to make sure there is  a page on the website called, “About Us”. If there isn't this website is usually a scam website. This is just another way to make sure a survey site is legitimate.

3. No Privacy Policy Visible

A website that does not have its privacy policy available for you to see is probably a scam website. Its a similar comparison to the other problems on a scam survey site. Legitimate survey panels give you the list of panelists by displaying it in a privacy policy. If this is isn't present on the website, should be completely avoided. Usually the privacy policy is available with the terms of use page.  The Privacy Policy is very important because it outlines how your policy is handled. The Terms of Use agreement gives the details of the relationship you're forming with the survey panel or website.

4. Promises That Are Too-Good-To-Be-True

Occasionally some survey websites will tell you that you can win large sums of money. Any websites that say you can earn up to $150 a day is probably a scam survey panel. A true survey panel is really more interested in your opinion and honest answer to get the right idea about the survey. Reasonable but not ridiculous incentive is given to the people taking the survey. In no way is this huge money maker for you. The ones that do claim to be a big money earner is probably not legitimate. Do not complete the online registration form if you have any question in your mind as if this survey site is legitimate or not. You don't want to submit information on scam websites because if you do you are agreeing to have your information used in ways that you don't want them to be used for. Feel free to set up an alternate e-mail account if you want to test out the site. Therefore, if it is a scam survey panel, you can have the emails sent to the less important e-mail account.

Why We Recommend MySurvey as the Best Legitimate Paid Survey Websitemysurvey logo

MySurvey.com is our #1 recommended legitimate paid survey website for many different reason. Its everything you look for in a survey panel and more: It offers rewards, member opportunities, redemption information, and it offers many different topics to take surveys on. Most People are more interested in the rewards given by the website. This is the top legitimate paid website because it does just that. It offers gift cards, cash paid through PayPal, entries into sweepstakes and different types of merchandise. Don't just take our word for it – SurveyPolice.com has some great things to say about this survey site, too.

Join MySurvey


After going through the above the steps and the survey site seems to check out, we'd also recommend checking out what other people had to say about those sites. Survey sites that are vouched for by outlets like Millenial Money Guide, are definitely legit.

Are you already taking surveys online and getting paid? We'd love to hear your experiences and thoughts! Leave us a comment below.

04 Oct

How to Write a Cover Letter – Everything You Need to Know

how to write a cover letter

Learning how to write a cover letter is key to anyone taking the job search seriously. Those who have had to hunt for a job before—which is practically everybody—know all about the importance of the resume, a generalized document that covers your entire work history, experience, and education. What is often tragically overlooked, yet deemed by many as just as important as the resume, is the cover letter.

The cover letter is, as you might guess, a letter, and it is written directly to the head hunter, recruiter, or any individual you are hoping to target within an organization. This is often our first contact with a new company or group, and there is truth to the importance behind first impressions; in fact, a poorly written cover letter (or one that is ignored entirely) can lead to your resume being tossed in the trash without even being skimmed.

Because this letter is so incredibly significant to the success of your networking or job hunting efforts, we are happy to share the ins and outs of how to write, format, and send an amazing cover letter that will draw the reader in and get them to contact you.

What Is a Cover Letter and What Is It For?

Your cover letter is your introduction, and it is the first thing the recipient will set eyes on before opening your resume. Today, these letters are most often read in the body of an email, though sometimes they are inserted into a form on a webpage, and historically they were once mailed in the snail mail on printed paper.

A well-written cover letter should give your application laser-like focus, ensuring your correspondence is perfectly tailored to the anticipated position or job. This tailoring requires every unique job to have its own personal cover letter to be rewritten, in order to show that you have done your research and exemplify how you are qualified for what they are looking for.

Recruiters and hiring managers will sift through cover letters before they even glance at resumes, as they sort through applicants to decide who they will hire and who they are not interested in seeing. As a result, your cover letter should showcase your talents, explain your experience or potential employment gaps in advance, and even intrigue the reader so they want to get to know you more as an individual.

How Long Should a Cover Letter Be?

The general answer for a cover letter is no longer than a single page. The truth is, hiring managers are busy people, and they admire strong concise writing that doesn't take up their time over long and detailed letters every single time.

Beyond that, pay attention to any information they give you about what they want from a cover letter. One survey said that almost half of potential employers prefer a cover letter that is only half of one page, and almost 25% requested letters that were as short as possible.

Various Cover Letter Types

There are five major types of cover letters, each with its own style and format specifics, so be sure you understand exactly what kind of cover letter you are writing before you get started, so you don't waste your time later on doing the wrong activities. Of course, keep in mind these are only the most common types of letters, and others do exist as well. See below, so that you can get familiar with how to write a cover letter in each of the five types.

  • Application Letter: This pertains to letters applying to a specifically advertised job posting or opening.
  • Referral Cover Letter: If someone has referred you to a network or organization, this letter can help the target audience gain interest in what you have to offer.
  • Letter of Interest : Otherwise known as a prospecting letter, this letter inquires after any possible job openings at the company in question.
  • Networking Letter: These letters are usually written in order to request job seeking advice or assistance, and often go out to colleagues or professionals you have previously met at industry events.
  • Value Proposition Letter: These are simple and brief statements that assert why you, as a candidate, are unique.

Cover Letter Format

Whether you are printing your letter for hand delivery, you are attaching a word document to a form, or if it's going into the body of an email, there are a few key tips to formatting the letter correctly that shows you are professional and know what you are doing in the industry.

First, the font should be legible, and usually can be one of the following: Arial, Calibri, Verdana, or Times New Roman, and the size should be 12 point (11 point for Calibri). Margins should stay at 1 inch all around the letter, and make sure your text aligns to the left side of the page.

Leave an extra space between paragraphs, as the extra white space allows for easier readability on a computer or phone screen. Also leave extra white spaces after your salutation and before the signature.

For more detail on specific templates, look up your specific cover letter type and you'll find sample cover letters.

Do's and Don'ts of a Cover Letter


  • Do address your letter to a named individual whenever possible, and use gender-neutral salutations when it isn't possible.
  • Do write a custom letter to every application.
  • Do use straightforward sentence structure and simple language, and eliminate every unnecessary word used.
  • Do avoid any negative comments or phrases.


  • Don't ever send a resume without a cover letter to help gain attention.
  • Don't waste words with a boring introduction paragraph, but grab attention right away with your qualifications.
  • Don't forget to request action from the employer at the end of your letter.
  • Don't simply rehash your resume, but take the opportunity to enhance the information for personalized detail that is relevant to the position.

Finalizing a Cover Letter

Never, ever send out a cover letter without proofreading it first, and remember that spell check won't catch all errors, such as the difference between “their” and “they're”. Give it the extra boost of excellent proofreading and have a friend or family read over the letter as well, letting fresh eyes catch any small errors you might have missed.

Last, make sure all your formatting is excellent and high quality, and that the overall letter looks friendly and appealing to read. At this point, your letter should be ready to send, congratulations!

Cover Letter Examples

If you ever feel stuck or uninspired, the internet is a practical treasure trove of templates and sample cover letters to help you get the words you need out onto paper. Websites such as The Balance offer some incredible samples to give you that boost of inspiration. You can also find templates to help you know what information to put where at sites like Hudson.


  • Take advantage of keywords in the job posting and be sure to insert them into your cover letter verbatim. This ensures that, even at a glance, you will match the requirements set forth by the hiring manager.
  • Go the extra mile and explain how you will add value to their company, as opposed to just stating your past experience. This helps the reader easily envision how you can make an excellent difference in their company.
  • Edit, proofread, and edit some more to ensure you have crafted an air-tight and solid piece of writing that you are proud of. Remember this is your first impression.
  • If your cover letter is in an email, keep your subject line concise and explicit. For example, use the job position and your name, like “Office Assistant Application by Jane Doe”.

Write a Perfect, Attention-Grabbing Cover Letter

It is clear that cover letters are essential to standing out in the crowd, and with these tips along with online resources, you can be sure your cover letter is the best you can make it to be. An excellent cover letter will make the difference between landing in the trash pile, and landing that dream interview you have been wanting. Now that you know how to write a cover letter, it's time to take action and begin crafting the letter that will land you an interview for the job you want.

04 Oct

Why You Should Start Investing for Your Kids Now

why you should start investing

Every parent has the dream of giving his or her child a better life than he or she had growing up. One valuable way to set your child up for a lifetime of success and less struggle is through investing for your kids now.

Raising a child is a difficult task and preparing him or her for a secure financial future is tough when all the lessons are theoretical. It is hard enough for an adult to imagine ten years down the line! Why not start the investment process for your kids as soon as possible and involve your child in the investing with you?

Investing as an Educational Tool

No matter the form of investment you choose for your child, the long-term effects net as a positive, even as you make it through ups and downs in the economy. This is especially true if you involve your child in the investment process. The biggest potential benefit to your child is as an educational tool.

Through a span of ten to fifteen years, your family is sure to experience financial ups and downs, stock market swings, and growth in your investment portfolio. When your child is next to you in the decision-making process, he or she understands that investing isn’t a magical way to build your money. Look at the statements, see where the money is, and work to explain basic concepts along the way. If money is tight, let your child understand why you are investing versus spending on luxury items. If the market is fluctuating, show the effect of a portfolio’s risk on investment. It teaches about risk management, following companies you believe in, and considering the effect of money when treated properly.

If you suffer a setback, this is also a valuable lesson in money, finance, and investing. A young person with a grasp on investing is set up for a successful financial future.

The Benefits of Investing for Your Child

Looking to invest for your child? Whether he or she is a baby now or is growing up quickly, investing sets your child up for a brighter future. Think about it this way – if you invest $4,000 on the day your child is born and let the money stay there and compound in interest, the money would grow to nearly a million dollars by the time your child is 65 years of age (assuming a 9% annual return). The impacts of an investment for your child includes:

  • Teaching him or her about sacrifice now for a payoff later
  • Providing a nest egg to start a life, whether it is with a spouse or a child
  • Get more from your money the earlier you start as interest compounds over an extended period
  • Making education more accessible because of a long-term investment portfolio
  • Teaching the basic principles of finance and investment
  • Encouraging a saving mentality with your child

What Does a Parent Experience from Investing in His or Her Child?

In a world of uncertainties, setting aside some money and letting it grow for your child’s future provides peace of mind. As a parent, you never know what will happen. The right way to prepare for the future, whether it is an expected or unexpected expense, is through investment. The pros a parent experiences when investing in his or her child include:

  • Peace of mind knowing your child is taken care of in case you are not around
  • Watch your money grow for a cause you are happy to fund
  • Giving your kid an initial investment to start his or her own life
  • Providing the basis for the better life, you dream of giving your child
  • Preparing for emergencies, illness, and other unforeseen circumstances
  • Allowing for the funding of exceptional opportunities for training or specialization in an area of talent or giftedness

What If the Money Isn’t Used as You Wish?

Parents often worry about the way a nest egg for a child will be spent in the long run. Will your child take the money and buy a nice new motorcycle once you are gone? There are a few ways to safeguard the money. Firstly, invest in an account specifically for educational funding.

Another tactic is to make the money accessible after your child reaches a certain age. At a certain point parents must trust the decision of a child and see the investment as money that is already spent.

If you are concerned about the long-term of your investment and how your child will use it, the best course of action is to speak with an estate attorney and financial planner. This safeguards the money for your child as well.

You don’t need a lot to kick off an investment fund for your child today. Get started now and you’ll be glad you did in ten years!

04 Oct

How to Choose the Perfect Gifts for Seniors

gift for seniors

If you are not yet a senior yourself, there are a lot of things about that era of life that can be a mystery to the younger generations. In fact, there is some real truth to not fully understanding something until you experience it for yourself, and humanity proves again and again that this rule is a fundamental pillar of life.

However, this inability to put yourself entirely in someone else's shoes can make some things in life, such as choosing a gift, extremely difficult. A gift is one way that we can show other people in our lives that we are thinking about them, listening to them, and that we care about their needs and wants.

Thankfully, with a few helpful tips and by thinking carefully on how we can best serve the senior generation, this task does not have to be tiresome and stressful. Instead, it can be a fun way to reach out to your senior friends and family, whether it is for a birthday, a holiday such as Christmas, or even for no official reason at all other than you expressing that you care.

Put Yourself in Senior Shoes

First and foremost, it is essential to understand seniors on a general level, but it is even more important to understand the senior you have in mind on a more detailed level. And remember, not all gifts will work for all seniors, so some thought in this department is required.

Consider your senior's lifestyle: Do they try to be active and fit, or are they happiest when watching the latest episode of Wheel of Fortune? Their daily activities and ways they have fun reveal a lot about what they like and things that could make them happy.

You can also take into account their relationship with technology. For younger generations, we don't mind if technology, buttons, and computers are present into almost any gadget or product, but the same truth isn't true for many seniors.

Finally, consider aspects of their life that could be greatly improved based on needs, instead of just wants. Think about how your senior gets food and eats their meals, cleans their living space, and even if and when they interact with their own loved ones.

Choosing Your Senior's Gift

Now that you have a little bit of background information on your senior, you get to take the leap forward and begin picking out the actual gift you will be giving them. Try to picture the delight on their face as you sift through the options, and keep in mind their level of physical activity, technology capabilities, and needs as well.

The best way to keep these things in mind is to write down a short list of facts you know about the Senior. Consider this a brainstorming session, and write down everything that comes to mind, even if you don't think it's necessarily important right away, as these little things can lead to larger patterns that will help you to discover the perfect gift.

Great Gift Ideas for Seniors

No matter how you choose to pick out a gift, sometimes the sheer options out there can be overwhelming. If you are having trouble coming up with ideas, or just don't know where to start, we have compiled a list of excellent gift options to get you started on your search.

Even if your senior doesn't like technology, there are plenty of things out there that use it intuitively and the result can be majorly beneficial to many seniors. For example, a tablet can connect your senior to video chat with other family members, allow them to read e-books anytime, and even assist in managing their medication, all with large icons and easy-to-use swiping screens.

If the senior in question likes to think and solve mysteries, then you might choose an activity that includes puzzles or games. This can vary widely from a classic puzzle they can put together with their hands, to a unique puzzle box they may have not seen before, or even a board game they can play with their family and friends.

Some seniors are always looking for ways to keep their bodies as fit as possible, and they would probably appreciate fitness classes and workout gear, while others might not be physically capable and would greatly appreciate a food delivery service instead.

Finally, if nothing seems to fit quite right, you can always choose a gift card instead, which encourages your senior to have the fun of buying themselves something new without feeling obligated to spend cold cash on necessities like bills or food. Some gift cards, such as this free Amazon gift card, can be earned at minimal cost to you as well.

Gift-Giving is Fun Again

Buying gifts for seniors doesn't have to be stressful or a mystery. Instead, it can be a fun journey of discover that leads to happy results by both you and your senior, as long as you put a little directed thought into their personality and lifestyle.