How to earn extra money

16 January 2009

To earn more money, I’m entering a contest. Lots of blogger start a contest as a strategy to bring traffic to their blog. Here is a contest that I am in:

Marketing-business-review.com has just started a contest. The Contest will Last from Today until January 17, 2009.

What Will Be Your Prizes

1.- 100 dlls in Cash via Paypal plus another 25 dlls in Cash By Marketing Business Review

The 100 dlls you will get them by doing the most credits and being in the first 10 commentators, you could be in the last spot of the Top Commentator and still win the 100 dlls due to the actions performed, there is actually the possibility that anyone not winning the first place could opt to just comment a lot and get the first place at the Top Commentator and get those 25 dlls in Cash via Paypal.

We can actually have 2 winners, one for the credits alone and other for being the first place in the Top Commentator widget.

2.- Adverts 125×125 for 30 Days.

Marketing Business Review worth 20 dlls

Every Day Living worth 30 dlls

Free Money Maker worth 10 dlls

Amor Francis worth 20 dlls

3.- Featured Links for 30 Days

Marketing Business Review worth 5 dlls

Shanker Bakshi dot Com worth 10 dlls

Free Money Maker worth worth 5 dlls

4.- 1000 EC

Free Money Maker worth 6 dlls

5.- Ebooks

Pei Profits dot Com Make Money Online Instant Blog Traffic worth 47 dlls

What Did You Get If You Win.

First Place:

100 dlls plus the 25 dlls if you get in the first place in the Top Commentator widget.

Advert 125×125 You choose the site where you prefer to display your ad.

Featured Link for 1 Month You choose the site where you prefer to display your ad.

1000 EC If you dont have Entrecard, you can sign up for FREE.

Ebook “Instant Blog Trafficby Ben Pei

When the first place get all his prizes, it would leave 5 more prizes, 3 Adverts 125 and 2 Text Link Ads that will be awarded to 2,3,4,5,6 places.

You can also win the 25 dlls just for being in the contest and commenting to be Number one in the Top Commentator.

How To Enter

You just have to do the following actions that are mandatory to be eligible to enter and win:

  • Post about this contest in your blog, you have to include a link to this post as well as links to my Sponsors including the banner above. They are helping you and me so please lets give them something back, do not forget those links please. You will need to comment in this post including a link to the post in your site. Credits: 100
  • Also you need to subscribe by Email to the feed or to the Newsletter. You need to use the same email for both commenting in here and for the subscription. Credits: 100 (If you want to subscribe to both Feed and Newsletter it is after you, but it is not mandatory, only one it is need it to enter, but if you do, add yourself another extra 100 credits)

That´s it, you just have entered the contest with 200 credits or 300 if you had done the above mentioned.

Bailout plan rejected

30 September 2008

U.S. stocks plunged and the Standard & Poor’s 500 Index tumbled the most since the 1987 crash after the House of Representatives rejected a $700 billion plan to rescue the financial system.

The Dow Jones Industrial Average slid 778 points for its biggest point drop ever as $1.2 trillion in market value was erased from American equities. The MSCI World Index of 23 developed markets slid 6.9 percent, the most in 21 years.

Financial Shares went up

20 September 2008

(Sept. 19) Financial companies jumped after the U.S. Treasury and Federal Reserve announced efforts to halt the credit-market seizure and British and American regulators cracked down on short sellers. Here are they:

  • Citigroup Inc. (C:US) climbed 24 percent to $20.65.
  • Wachovia Corp. (WB:US) surged 29 percent to $18.75.
  • American International Group Inc. (AIG:US) jumped 43 percent to $3.85.
  • Goldman Sachs Group Inc. (GS:US) added 20 percent to $129.80.
  • Washington Mutual Inc. (WM:US) rose 42 percent to $4.25.
  • Morgan Stanley (MS:US) increased 21 percent to $27.21.
  • JPMorgan Chase & Co. (JPM:US) advanced 17 percent to $47.05.
  • General Electric Co. (GE:US) rose the most since November 2002, adding 7.4 percent to $26.62. The third-largest company got about half its profit from financial units last year.

Ambac Financial Group Inc. (ABK:US) tumbled 42 percent to $3.87 for the biggest drop since April. Moody’s Investors Service said it’s considering cutting financial-strength ratings by several grades for the bond insurer and its larger rival MBIA Inc. (MBI:US). MBIA dropped 8 percent to $12.88.

Invest in real estate

16 September 2008

Real estate investing is one of the most attractive ways of making good money (that is if you do it correct). Moreover, real estate investing is also a lot of fun. A lot of people practice real estate investing as their core profession and, in fact, make a lot of money that way.

The key, of course, is to buy at a lower price and sell at higher price and make a profit even after paying all the costs involved in the two (buy/sell) transactions. Generally, people are of the opinion that real estate investing makes sense only when the rates are on the rise. However, real estate investing for profits is possible just about any time. Here is a list of tricks that can make real estate investing profitable for you:

  • Look for public auctions, divorce settlements and foreclosures (bank/FHA/VA): Since quick settlement is the preference here (and not price), you might get a property at a price that is much lower than the prevailing market rate.
  • Looking for old listings. The old listings that are still unsold may provide you with good real estate investing opportunities. Just get hold of an old newspaper and call up the sellers. They might have given up hope of selling that property at all and with a bit of negotiation you can get the property for a real low price.
  • A really old (and dirty) looking house may scare off buyers. But this might be your chance for real estate investing that can yield good profits.
  • Team up with attorneys: There are a number of attorneys who handle property sales on behalf of sellers or in special circumstances (like the death of the property owner). They might sometimes be looking to dispose off the property rather quickly and hence at a low price.
  • Keep tab on the newspaper announcements: Property sell offs due to deaths, divorce settlements, immediate cash requirements and other reason are frequently announced in local papers. Keep track of such real estate investing avenues.

how to find good real estate agents?

16 September 2008

Real estate agents are professionals who help in connecting the buyer to the seller. The real estate agents work by linking together the two interested parties and charging a commission for their services. Real estate agents generally calculate their fee as a percentage of the selling price (in case of sales) and as part of the rent (for rentals). People, who want to sell/let their property, leave the details of their property with the real estate agent. The other interested party (i.e. the buyer/tenant), gets access to this information by contacting the real estate agent.

A lot of home seekers (including real estate investors) use the services of real estate agents not just for getting good deals but also getting them quick. Since real estate agents are probably most familiar with the market situation in their region of operation, it makes sense to approach them to get an idea of the going rate for properties in that region. Real estate agents would generally know the prices of various properties of different types and at various locations in the region.

A property seller can possibly get a few thousands more for his/her property by using the advice received from a good real estate agent. A good real estate agent will also analyse the needs of a home buyer/tenant and provide suggestions on what kind of home could be available to them within their budget. So a good real estate agent will not just throw a list of available properties to the buyer/ tenant but will actually discuss their needs and make a suggestion. This, in fact, works in the favour of real estate agent in two ways. Firstly, if the real estate agent is able to sell the house they get their commission and secondly, if they make the buyer happy too they earn a good reputation (and hence more business).

Financial turmoil around the world

15 September 2008

The global market is having serious problem. Watch your investment carefully. There are many bad news in the US market and around the wordl:

  • On March 14 2008, JPMorgan Chase, in conjunction with the Federal Reserve Bank of New York, provided a 28-day emergency loan to Bear Stearns in order to prevent the potential market crash that would result from Bear Stearns becoming insolvent. Two days later, Bear Stearns signed a merger agreement with JP Morgan Chase in a stock swap worth $2 a share or less than 10 percent of Bear Stearns’ market value.
  • The federal takeover of Fannie Mae and Freddie Mac refers to the placing into conservatorship of government sponsored enterprises Fannie Mae and Freddie Mac by the US Treasury in September 2008.
  • Lehman Brothers Holdings Inc., the fourth-largest U.S. investment bank, filed a Chapter 11 petition with U.S. Bankruptcy Court in Manhattan today. Lehman was forced into bankruptcy after Barclays Plc and Bank of America Corp. abandoned takeover talks yesterday.
  • Bank of America Corp., the biggest U.S. consumer bank, agreed to acquire Merrill Lynch & Co. for about $50 billion as the credit crisis claimed another of America’s oldest financial companies. This news is good for the market. But this also tells us that current subprime mortgage crisis is far from over.
  • On the evening of September 16, 2008, the Federal Reserve Bank’s Board of Governors announced that the Federal Reserve Bank of New York had been authorized to create a 24-month credit-liquidity facility from which AIG may draw up to $85 billion. The loan is collateralized by the assets of AIG.
  • Washington Mutual Inc. became the nation’s biggest bank to collapse after U.S. government regulators seized the Seattle- based bank on Sept. 25. JPMorgan Chase & Co. agreed to acquire WaMu’s deposits and branches for $1.9 billion.
  • Fortis, the largest Belgian financial-services firm, received an 11.2 billion-euro ($16.3 billion) rescue from Belgium, the Netherlands and Luxembourg after investor confidence in the bank evaporated.
  • Citigroup Inc., the biggest U.S. bank by assets, will acquire the banking operations of Wachovia Corp., rescuing the Charlotte, North Carolina-based lender beset by mortgage losses for more than $2 billion in stock.

Stocks tumbled worldwide, the dollar fell and U.S. Treasuries surged after the bankruptcy of Lehman Brothers Holdings Inc. drove investors to the safety of government debt.

Equities dropped in Europe and Asia, led by a 36 percent tumble in HBOS Plc and a 10 percent decline in Macquarie Group Ltd. Futures on the Standard & Poor’s 500 Index fell 4 percent as American International Group Inc. sank 46 percent. Russia’s Micex Index declined 5.3 percent, leading a retreat in emerging markets. Crude oil fell more than $7 to a seven-month low as speculation turmoil on Wall Street and the worsening credit crisis may slow the global economy, cutting energy demand.

This year crisis in one of the worst in history. So protect your money. Be prepare for big rally, because In the past two decades, after a big plunge in the aftermath of Sept. 11, the 1998 Russian debt default and Mexico’s 1994 peso devaluation, the index gained 20 percent or more in the next three months.

Online trading with Options Xpress

12 September 2008

I’m trying Options Xpress to trade options. I think they are excelent because:

  • There a minimum amount required to open an account
  • Provide free education
  • Low commision, see here. Maksimum $14.95 PER option contract. In their website, they compare their rates with Schwab, Ameritrade, Scottrade, E*Trade, and Fidelity. To get lower rates you need to trade more than 35 times in a quarter. If you trade $300, the commision will be about 5% of your trading. You need to have profit more than 5% to get even. So trade above $300.
  • Easy to open

Although there is no minimum amount to deposit, I think you should prepare $1000 to get started. Lower than that you can lose money for commision.

Ospraie Management will be closes

03 September 2008

Ospraie Management, the investment firm run by Dwight Anderson, will close its biggest hedge fund after slumping 38.6 percent this year. The New York-based Ospraie Fund fell 26.7 percent in August after a sell off’ in energy, mining and resource equity investments.

 

U.S. Stocks Climb as Oil Falls

02 September 2008

U.S. stocks rallied after Hurricane Gustav spared drilling platforms in the Gulf of Mexico, sending oil to a fivemonth low. This oil drop is good for transportation companies, banks, and retailers.

Delta Air Lines Inc. and United Airlines’ parent UAL Corp. rose more than 15 percent each and Lowe’s Cos. Bank of America Corp. advanced 5 percent as Goldman Sachs Group Inc. said it won’t have to issue common shares to raise capital.

 

Oil drop as Gustav weaken

01 September 2008

Crude oil fell after Hurricane Gustav weakened, easing concern of widespread damage to drilling rigs and refineries. Gustav has been downgraded to a Category 2 storm, the second-weakest of the five levels of hurricane strength. Preparations for the storm closed 96 percent of offshore oil production and about 10 percent of U.S. refining capacity.

Crude oil for October delivery fell as much as $3.01, or 2.6 percent, to $112.45 a barrel in electronic trading on the New York Mercantile Exchange, and traded at $113.19 at 2:32 p.m. London time. It earlier rose as much as 2.2 percent to $118.