37 posts tagged “making money”

A T-shirt a day has kept unemployment at bay for an American man who is making about $85,000 a year by selling advertising space on his torso.

Jason Sadler, 26, a former marketing professional from Florida, founded his own company, www.iwearyourshirt.com, in 2008 with the idea to wear a T-shirt supplied by any company and then use social media tools to promote the firm.

Full article

Mary A. D is doing a great job at Swagbucks and shriza is doing a great job with Youdata. Supporting the little guy over the multinational corporation will bring prosperity to us all. Thank you so very much!

For those who signed up but are not participating in these programs, I have some info that may clear up any confusion. For Swagbucks, you need to read my strategies. Many sign up thinking that every search will bring a Swagbuck, but this isn't the case. For Youdata, you must create a MeFile Id after you sign up. If you don't, advertisers will not be able to serve up ads! These ads are based on your demographic profile and your interests. You can fudge things to get more ads, but w/o the MeFile Id, no money!

A governor, or speed limiter, is a device used to measure and regulate the speed of a machine, such as an engine. I have taken that concept and applied it to finance. You put in place a governor that limits the speed at which you could potentially lose money.

Here is how I apply it:

• I try not to buy disposable products. Why throw money in the garbage?
• I place stop loss orders for every stock/ETF I own at 4.5% below its cost basis. My upside is not capped but my downside is.
• I play video poker with a $2 bankroll. If I lose it, I'm done. But I have the potential of winning much more with 4 deuces or a natural royal flush
• I use alternative income streams rather than bet everything on a single business venture. Collecting  aluminum cans, getting paid to read email, getting paid to watch Internet ads, getting paid to search, and getting paid to post tweets has no explicit downside risk

What I'm about to say may not seem very practical because most people drive to a casino or go there on a bus. In other words, you are stuck there for some length of time. However I walk over to mine, collect aluminum cans along the way, and always get a free beverage at the casino.

1. Choose either Game King® 6.2 Multi-Game or Game King® 6.0 Multi-Game. (It must be the stand up model with larger buttons, not the one with the smaller buttons)
2. I always feel the seat, if it is warm, I move to another machine. I also check the cash out to see if it just paid off big. You want a machine no one has played in a while
3. I play deuces wild and have not tested this on other games
4. It really doesn't matter if you use your casino rewards card or not
5. I put in $2 and play the nickel level with 2 bets (10 cents)
6. What you will begin to notice is that your first 5 to 15 hands are pretty good, tempting you to continue your play
7. When I get enough good hands to put me 20 cents to a $1 over my initial $2 investment, I cash out and leave. This is somewhat subjective, but you'll get an intuitive feel for it after a while

The takeaway is this, it is better to win a little bit every time. Bat for the average and stop trying to hit home runs! You see this strategy in everything I do here at Cheapo Groovo. A little here, a little there, adds up to big.

IMHO, US Treasuries are the next financial bubble to burst.

1. The Fed has been buying Treasuries bonds in an effort to lower borrowing costs and end the worst U.S. economic downturn in 70 years. Its holdings of Treasuries edged up to $759.80 billion from $757.77 billion last week. However, the Federal Reserve's program of buying Treasuries will end in October.
2. Even the Chinese, one of the largest buyers of Treasury securities, are buying fewer treasuries. They are buying gold with their US Dollars.
3. Yet investors are making huge bets on bonds. In the last six months they have allocated double the amount of new money to bond mutual funds as they did over the entire four years from 2003 through 2006! All academic studies agree that poor market timing decisions are the rule rather than the exception among mutual fund investors.
4. Besides that, the federal government actually needs high inflation down the road. Why? So they can pay off this low interest debt with cheapened dollars. Debtors gain during inflationary times.
5. It's not just me questioning the current price of treasuries.
   

Looking at the next 18 months, I see higher yields on the 10-year and the 30-year. Bond prices fall when interest rates rise. With fewer buyers and a falling US dollar, higher rates are inevitable. Get into TMV or TBT while they are on sale! My earlier posts on bonds should help you.

• What to save over $130,000 over your lifetime?
• Want to leave the 9 to 5 grind entirely?
• Want to have constant income streams?
• Want to stop paying the payroll tax?
• Tired of losing money in the stock market?
• Do you want to live like the other sheeple or be free?

If you answered yes to all 6, you should work some or all of the programs in my sidebar. My previous post documents realistic earnings. You have nothing to lose except your wage slavery and betting the farm on one career!

I have yet to share all of my alternative income streams. I do this so you can realistically see what it takes and understand my philosophy of real diversification. **Please note that you can participate in most of these income streams by clicking them in my sidebar**

I converted all values to a daily basis and then sorted from most profitable to least profitable:

1. Collecting stock dividends = $17.60 (high dividend strategy available to folks who order my seminars)
   
2. Trading stocks = $15.50 (based on my realized capital gains divided by 365)
3. Teaching a few classes during the year = $13.25
4. Selling covered call options = $1.90
5. Selling college textbooks on half.com = $1.62
6. Freebies and coupons = $1.50
7. Playing video poker = $0.40 (I'll have a separate post on how to win every time, so be sure to check back)
8. Collecting aluminum cans = $0.30
9. Amazon Mechanical Turk = $0.15
10. Swagbucks = $0.14
11. Selling my seminars on this blog = $0.14
12. Taking glass bottles bought in Indiana to Michigan to get their deposit = $0.05
    
13. InboxDollars = $0.04
14. Sponsored Tweets = $0.04
15. Youdata ads = $0.02