Money Making Online

On December/2004 I began to write a personal blog that was a complete failure.

There I was writing about my personal experiences and my opinions about politics, economy, TV, people, etc. I made an effort in order to put good written posts and for me the posts seemed well but I had a small obstacle: I did not know nothing about promotion for a webpage. My skills were focused in programming (PHP, Java, ASP, .net) and databases.

Pages could go up in server, but nobody seemed to be reading that.

I subscribed my blog in some directories, and yes, I had 3, 5 or 10 daily visits. But I had in my budget many more visits. And I had read about Google Adsense, a program which you can use in order to win some money when people visit your page and click on text ads promoting stuffs related with the content in your page. You can subscribe for free and you only must copy and paste a code in your website according to instructions in control panel.

In 2005, I was dreaming with my check of $ 1,000 per month. I was writing posts in a daily basis. I said myself: “well, in some months I will have money from adsense”. And yes, two months later I had money from adsense: $ 2!

$ 2! Can you believe that? And Google only send your check if you accumulate at least $ 100 in a monthly basis. I abandoned my blog on June/2005. Actually, I deleted it from Google and my posts were eliminated.

I was disappointed. No visits. No money. And I had a blog without sense. I was writing for myself. Then on June/2005, I said: “Blogs are a stupidity. And Google Adsense is a stupidity. Only big websites can get real money from adsense”.

But, today, I have changed my mind. I have learned SEO techniques for good rankings in search engines and I can say Adsense is an excellent program, if you can get a decent traffic, even with only 50 daily unique visits you can get a check every month of $ 100, and more traffic means more money. Of course, it depends of your website topic and how you locate the ads in your pages.

I am getting money by adsense from several sites and when I get my check, I am happy because it is a passive income: money with a minimal effort. Sure you must promote your website, but not for adsense, you must promote your website, because you want to have people interested in your content.

Now, if you know SEO/SEM techniques, then you have an enormous advantage and you can get a huge check from adsense. Let me say this: $ 2,000 or $ 10,000 from adsense per month could be very easy for a good SEO optimizer. But if you are not a SEO optimizer, you can get money from Adsense if you have a content with quality and you make an effort in order to promote your website or blog. Maybe you must wait several months or maybe years. For that reason, I recommend you should learn about basic or advanced SEO.

Now, if you had a big wallet, maybe you can spend money in Adwords or putting banners or traditional advertisement in media or to buy links from related sites to your topic which have a good pagerank (rankings from google indicating link popularity for a webpage) and they are well-known in the industry and they are updated frequently. Those are some ways to get good rankings in search engines or traffic if you had money for promotion.

Nowadays, there are companies making small chips or tracking&localization devices for objects based in GPS satellite localization (Global Positioning System). The system offers the exact coordinates for car or object, with a error range between 10 to 15 meters.

Currently, you can think these devices are expensive, but even this is a worth idea whenever be possible to protect objects with a big value as cars, pictures, joys, electronic devices including LCD TVs, notebooks until even people in order to avoid kidnappings of relatives and rich people .

It is known the use in trucks of logistics&transportation companies and detection or for avoiding things robberies by using satellite tracking system GPS.

Offering this to car concessionaires, for example, we have a great money-making idea. Although high range cars include these geo-localization systems, the most common cars don’t. At the same time, these concessionaires could offer it to the expensive car buyers so they can locate it when a robbery has happened.

Likewise, you can offer it to electronic stores, important jewelers, museums, etc. Do you know about somebody who have an expensive object and he can not live in peace because of fear to robberies? Solve him the life, offer him a chip or GPS device and if a robbery happens, he will can know where his appreciated object is in only 15 minutes.

If you want to learn more about GPS, Wikipedia can help: http://en.wikipedia.org/wiki/GPS or http://en.wikipedia.org/wiki/GPS_tracking

And here we have a few companies making GPS chips and devices (you could contact them in order to distribute the chips in your country, state or neighborhood):

- COVERT SURVEILLANC, GPS CAR TRACKING - HUGE SELECTIONS!: http://www.pimall.com/nais/tracking.html

- Advanced Tracking Technologies: http://www.advantrack.com/

- MightyGPS Tracking Solutions: http://www.mightygps.com/mightygpstrackingsolutions.htm

Do you remember when the Internet bubble exploded in 2000? Yes, maybe you remember.

That were a crazy time when many people including chefs, drivers and policemen, were spending their savings and gambling their retirement funds in Stock Market. People who didn’t know anything about Stock Market thought they would be rich in a short time with the most crazy companies in the world: the dot-com companies. These companies had not any earnings, but people felt that spending your money in those would be a great idea. And the brokers and the investment firms seemed to feel the same thing.

Why? Why people were investing frantically in companies without earnings? Well, the answer is simple: euphoria. The “big mass” is always manipulated by media. And media is a good soldier for the real winners in the stock market. In that time, you could hear news, articles and opinions about the big revolution dot-com and how many people in the world were winning a lot of money with some simple websites and obtaining the money from investors even if the web-project was really crazy. And people read the Wall Street Journal, they watched TV, heard their broker or trader and then they were feeling the pressure and a little voice in your head: “Hey, will you lost this big chance to obtain easy money? Come on, give your money to your broker and feel the sound of cash going to your bank account.” Easy money? Get me a break!

Easy money is not a general concept. Instead of that, to obtain money is easy if you have the knowledge. Investing Stock Market is the same. Again, if you don’t know nothing about the stock market, maybe you want to give your money to an investment firm and they could win something for you, but believe me, “something” means a low return in most cases. The investment firms use a simple philosophy: diversification. They diversify your money in many investments so they can minimize the risk: if a market is low, maybe the other market is high. So, they have an average profit but maybe this profit is better than your bank account return.

But the real winners don’t have average profits. Sure, they lose money sometimes but in many cases they have extraordinary profits because they have two powerful tools: knowledge and access to good information. When the chefs, drivers and policemen are entering to market because of diffused euphoria by media, the real winners start to sell positions and apply their “exit strategies”. The real winners look for opportunities when stock market is weak, not when all people is buying.

Warren Buffet, one of the most honorable investors, say that the most stupid reason for buying stocks is because all people is buying the same stocks. If the life were so easy, we would be living with Alicia in the wonderful land.

The point is, if you like the stock market matter, please: first at all invest to learn about that. Learn, learn, learn. To invest your money by yourself without to have knowledge is like buying a lottery ticket. On the other hand, to invest your money in stock market by a good investment firm is like opening a bank account with a “big” profit, but probably the bank could go to bankruptcy sometime and your money could be lost.

If your choice is give your money to a good investment firm, think about this: your money will be managed by an employee in most cases, not by a real investor, so don’t wait an extraordinary profit.

Now, if you think you are ready for investing by yourself, try to answer these questions:

- Do you really know how the stock market is working?
- Do you have additional information which is not known by the “big mass”?
- Are you ready for losing the money and that will not affect the food in your home?

If the answer is no, get me a break!

What about Stock Market Trading? Is it a good option for making money?

Well, as with many things in the life, it depends of you. Many people hear about a guy that spend some money in the Stock Market for buying stocks in a low price, and then sell those stocks in a high price. Later, these people go to stock market, spending their savings and some months later, those stocks have a lower price. People are desperate now, and fearing lose all the money, they sell the stocks in a lower price.

Now, these people say: “The Stock Market sucks. I lost my money”.

For these people there is a question: Do you know how the stock market works? Yes? Well, then why you were desperate in a simple drop in stocks prices? Not? Well, how do you think you will win in the stock market if you are an ignorant in this field?

Usually, people don’t buy the stocks themselves. They give the money to a broker, and this broker “invest” the money for them. But in most cases this broker is not a real investor. In most cases this broker is just an employee, who is paid even if your money is lost. So, this employee only take care about to maintain your account, and yes, they are trying you win something, but it is not likely you have a lot of earnings unless you take the control of your investment, but having the necessary knowledge about stocks, options, trends and the market strategies.

If you are really interested in Stock Market Trading but you only have a basic knowledge, I recommend you to use simulators in order to practice while you learn something else. There is a lot of simulators by Internet, even real time simulators (but real time simulators are not free) operating in market hours taking the real values of stocks.

But, if you are an amateur like me, maybe it is a good idea if you try a simple free simulator, and Google have some useful tools in order to start:

* Try Finance Google for find interesting stocks or public companies in NYSE or Nasdaq

Here you can register yourself for a portfolio (or use your Google account if you have one). You can select the stocks, buy them (with unreal money) and track the performance everyday for checking your earnings or losses. With your basic knowledge you can have a method in order to select the best stocks.

I have a simple method. Maybe you can use the same:

- Choose the field. Maybe you think Gold market is good now, or technological market, or Ethanol market, or Oil market, or commodities. You must be informed about the current events and have a logical sense about the market trends for future in a short, medium and large period of time.

- Look for stocks which the current price is close to 52Wk Low price (You can see that in Finance Google). This means the stock have a good price for buy, because the price is low.

- Calculate the increment (%) between the 52Wk Low price and the current price. Current price is always bigger than 52wk Low price. If this increment is less than 5%, maybe the stock will continue losing its value in the next days. Not good for me.

- If this increment is more than 10%, maybe you arrived very late, and the stock is expensive now. Not good for me.

- If this increment is more than 5% but less than 10%, is good for me: Price is sufficiently higher than minimal price in a year, but even is a cheap stock and it could have a big potential to grow. This is my Stock.

- Buy stocks in your virtual portfolio (by Finance Google). Usually I start with (unreal money) $ 1,000 and tracking every day. In this moment, I set in an Excel file a “peak price” that is equal to the value that you paid for each stock.

- Every day when check the new price for each stock, you can change the “peak price” if a new peak was reached since you bought the stocks (obviously).

- If any day the price is lower than decrease the “peak price” by 10%, it is time to sell. I sell, and usually I have an good profit, but sometimes I lose my unreal money.

Please, take this only for didactic purposes. Not for real investments! I am saying this, because It is working for me in my virtual portfolio. But, believe me, I must learn a lot of things about the stock market yet.

This is funny for me.

“The main reason why people have financial difficulties is because they spend years at school but don’t learn anything about the money. The result is this: people learn to work for money… but they never learn how the money must work for them”, Robert say.

Born and raised in Hawaii, Robert Kiyosaki is an American - Japanese of fourth generation. He come from a prominent educators family. His father was Education Director in Hawaii State. After high school, Robert was educated in New York and, after his graduation, he joined himself to Marines Force of United States and traveled to Vietnam as official and artillery helicopter pilot.

When he came back from war, Robert began his business career. In 1977 he founded a company that introduced to the market the first “surf” wallets made with nylon and velcro, which became a product with multimillionaire sales in the whole world. He and his products were introduced in the magazines: Runner’s World, Gentleman’s Quarterly, Success Magazine, Newsweek, including Playboy.

When he left the business world, was co-founder, in 1985, in an international educational company which operated in seven countries. This company taught in fields as business and investment to dozens and thousands graduated people.

After he retired when was 47, Robert do the thing that he enjoy more… invests. Robert, worried about the growing gap between people who have and people who don’t have, made a table game named CASHFLOW, that teach the money game known before only by rich people.

Although the Robert’s business is real estate and the small capitalization companies development, his real love and passion is the teaching. He has shared the scenario in conferences with big people as Og Mandino, Zig Ziglar and Anthony Robbins. The Robert Kiyosaki’s message is clear. “Assume the responsibility about your finances or obey orders your whole life. You are the money master or its slave”. Robert offers classes lasting between one hour to three days, in order to teach to people about the secrets of the rich people. Although Kiyosaki’s matters are starting from investment for big earnings and low risk, to teach your children how to be rich, how find companies and sell them, he have a solid message, too. And that message is: “Wake up to the financial genius who live inside you. Your genius is waiting to go out”.

The worldwide famous lecturer and writer Anthony Robbins say about Robert’s work: “The Robert Kiyosaki’s work in education is powerful, deep and able to change lives. I recognize his efforts and recommend him a lot”.

During this time with big financial changes, the Robert’s message don’t have price.

To learn more about Robert Kiyosaki’s message, please visit: Rich Dad Website