I spent about 10 years dabbling

Euphemism for bankrupting myself, literally, as I am reaching retirement aga, – in mlm always thinking the concept was good, just a matter of finding the “right” one. Amway, NuSkin/PhotoMax, Noni, AmeriPlan, are survivors of about 6 others, now out of business, that I tried.

My conclusions on my way to bankruptcy court:

You can only lose money in mlm.
Everyone is lying to you.
The more dedicated you are, the more it will cost you.
Bait and switch is a major modus operandi of mlm promoters.
One can only become a promoter by being willing to be a liar for the liars.
Many mlm company products are fine, but are too expensive and/or cursed with unprovable claims.
Lead sellers, seminar leaders, book writers on how to succeed in mlm, make their big money suckering people into buying their products, not via mlm downlines.
Lead systems maintained and promoted by some teams (often as “the only way you can succeed) is the secret cash cow for the leaders. Conflict of interest?
Products and services in the real marketplace survive by being cheaper, better, and readily available. mlm products and services universally fail on all 3 counts.
Any scheme that requires “religious” type of belief, trust and commitment is to be avoided like the devil. Save it for church.

How could I be so stupid? I wanted to retire without money worries.

There’s more, but you get the picture.

Avoid MLM. Life is too short to waste even one day wading through the lies, enduring the fraud, trying to do what cannot be honestly done.

Alternatives?

If we all agree that MLM’s won’t make us any money, what do you think about click through? Like Google Adsense and the like? This seems a cheaper and less dangerous way of making money?
I post to a blog giving information to writers looking for work, so I post click through banners on the site to try and make a bit of money on the side.
Now I’m not looking for a fortune as in an MLM, but I’m seriously thinking of placing an order for traffic submission to generate a little interest.
What experiences has any body had with this type of marketing?
Does it work?