About one year ago a new online currency, called Bitcoin began to take shape. At the time of launch not many people adopted the idea of yet another worthless fiat currency, similar to the US Dollar, however, the fact that they will eventually limit it's supply ended up slowly attracting more and more interested parties. After all, as the United States continues to print new money to the tune of trillions of dollars, eventually all the Bitcoins will be mined, and the currency will be limited.
Could the founders of Bitcoin be onto something or is it merely a fad that will die out as time passes? Will investors turn to Bitcoin as a means to counter inflation? These are all questions being asked at the various Bitcoin Forums online, with both positive and negative responses.
We'd like to hear your opinions on what you think the future of this brand new currency is. Will it survive from a value standpoint, and will the numerous world governments take actions against it?
Wednesday, June 15, 2011
Wednesday, May 19, 2010
A Look at TheMoneyKid
Just lately many of us have noticed a massive number of brand new "Get Paid to" type programs which usually seem to present amazing incentives for giving visitors to their own sites. Presently there are basically hundreds and hundreds of cons out there that operate with the admins greatest interest at hand, leaving behind the people in the dark at the finish, and without cash. One fresh site like this is the recently launched plan called The Money Kid. If you are sensible you would quickly avoid this website and any sites like it.
The Way TheMoneyKid functions is that you get your very own individual web address which you duplicate and paste all over the place. The Money Kid recommends that you propagate the referral link you are offered all around the internet via Myspace, Forums, Bebo, and so on. The more mouse clicks you get to your individualized TheMoneyKid web address, the more cash you will generate. In reality, you will make 15 cents for each and every click you get on your own customized link. That's at least what these people claim.
Remember that if an offer appears much too good to be real than it almost surely is. Of course, no one will close these types of plans down since they are not inquiring for any kind of cash to get started, but many folks will squander a remarkable quantity of their time, imagining they are making lots of funds, when in truth they are just viewing numbers go up on a monitor.
Just remember to be incredibly mindful, and think about how these programs make their money just before moving head first into something you have no idea about. Bear in mind the program itself requires to be able to generate more money than they are having to pay out. This signifies that if they need to pay out $15 for every 250 views of their web site, the plan wants to make at minimum that to keep in business. Do the mathematics. If it won't add up, run!
The Way TheMoneyKid functions is that you get your very own individual web address which you duplicate and paste all over the place. The Money Kid recommends that you propagate the referral link you are offered all around the internet via Myspace, Forums, Bebo, and so on. The more mouse clicks you get to your individualized TheMoneyKid web address, the more cash you will generate. In reality, you will make 15 cents for each and every click you get on your own customized link. That's at least what these people claim.
Remember that if an offer appears much too good to be real than it almost surely is. Of course, no one will close these types of plans down since they are not inquiring for any kind of cash to get started, but many folks will squander a remarkable quantity of their time, imagining they are making lots of funds, when in truth they are just viewing numbers go up on a monitor.
Just remember to be incredibly mindful, and think about how these programs make their money just before moving head first into something you have no idea about. Bear in mind the program itself requires to be able to generate more money than they are having to pay out. This signifies that if they need to pay out $15 for every 250 views of their web site, the plan wants to make at minimum that to keep in business. Do the mathematics. If it won't add up, run!
Tuesday, September 8, 2009
Ad-Ventures4u
Every now and then I like to bring up sites and investment programs which seem to be attracting a lot of attention. I have seen autosurfs like 12Dailypro come and go, and have also seen many people make quite a lot of money from timing these programs correctly. The latest autosurf which seems to have gained a lot of publicity in the internet circles is Ad-ventures4u.
Is Ad-ventures4u Legitimate?
I have my doubts that they will be able to consistently pay out what they claim, however since it is a variable interest rate, they could technically lower it and survive for quite some time. They do have other business's that they are in fact making money with, so the longevity of the program could be quite long.
Deciding to Invest or Not in Ad-ventures4u
What one needs to do before investing in Ad-ventures4u or any autosurf for that matter, is the following. Make sure the amount of money you are investing is not money you could not live without. Always view autosurf investing as a gamble instead of an actual investment, because in fact it is more like playing a casino game like Texas Hold'em poker. Analyze the trends of the payouts, and decide for yourself it it may be too late to throw money towards something that will likely end eventually.
Personally I never invest into these things as I would rather participate in something that is monitored by governmental bodies like the SEC.
Is Ad-ventures4u Legitimate?
I have my doubts that they will be able to consistently pay out what they claim, however since it is a variable interest rate, they could technically lower it and survive for quite some time. They do have other business's that they are in fact making money with, so the longevity of the program could be quite long.
Deciding to Invest or Not in Ad-ventures4u
What one needs to do before investing in Ad-ventures4u or any autosurf for that matter, is the following. Make sure the amount of money you are investing is not money you could not live without. Always view autosurf investing as a gamble instead of an actual investment, because in fact it is more like playing a casino game like Texas Hold'em poker. Analyze the trends of the payouts, and decide for yourself it it may be too late to throw money towards something that will likely end eventually.
Personally I never invest into these things as I would rather participate in something that is monitored by governmental bodies like the SEC.
Wednesday, August 12, 2009
Lockerz Info
Today I saw another trending topic in the online incentive sphere. It's a site called Lockerz, which is located at Lockerz.com. Anyhow, I thought I'd give a brief overview of what I think the program will encompass, as well as my personal opinion on it.
What is Lockerz About?
It seems like a million new web site ideas pop up each week, however, some of them catch my eye more than others. Lockerz is one of them. The Company is run by by an ex executive of both Amazon.com as well as American Eagle Outfitters, Kathy Savitt. It is also funded by a rather respected investment group called Liberty Media. This here tells me we won't be seeing a fly by night scheme. The site itself will seemingly give incentives to individuals who sign up and then participate in their community, buy products through their site, refer their friends, and participate in other online activities like games and trivia. The site is free to join, thus you have nothing to lose besides time for signing up. You must have an invite though by an already established member to do so. You can get Lockerz Invites Here.
My personal Opinion on Lockerz
Like I said above, I see so many programs come and go, but the very fact that this one is backed by some rather respected people with experience in the field, gives me a good feeling about it. I'm sure people won't be getting free 50 inch TV's any time soon, without spending months participating at the site, but it promises to be an interesting idea which just may work if executed properly. There is a forum for Lockerz as well as several blogs about the program already popping up.
What is Lockerz About?
It seems like a million new web site ideas pop up each week, however, some of them catch my eye more than others. Lockerz is one of them. The Company is run by by an ex executive of both Amazon.com as well as American Eagle Outfitters, Kathy Savitt. It is also funded by a rather respected investment group called Liberty Media. This here tells me we won't be seeing a fly by night scheme. The site itself will seemingly give incentives to individuals who sign up and then participate in their community, buy products through their site, refer their friends, and participate in other online activities like games and trivia. The site is free to join, thus you have nothing to lose besides time for signing up. You must have an invite though by an already established member to do so. You can get Lockerz Invites Here.
My personal Opinion on Lockerz
Like I said above, I see so many programs come and go, but the very fact that this one is backed by some rather respected people with experience in the field, gives me a good feeling about it. I'm sure people won't be getting free 50 inch TV's any time soon, without spending months participating at the site, but it promises to be an interesting idea which just may work if executed properly. There is a forum for Lockerz as well as several blogs about the program already popping up.
Tuesday, August 11, 2009
Understanding Autosurfs
I usually stay away from the online investment talk, because they are more like gambles than actual investment opportunities. I recently however had a few people contact me asking me if I knew anything about some of the latest Autosurf programs that are being promoted around the net.
My Overall View Towards Autosurf Programs
As many of you know, I used to Own and operate Talkgold.com for several years until selling it off back in November of 2007. I still remain a part of the site and keep my admin duties over there. Having said this I try to keep Talkgold as opened and free as possible, because autosurfs and well as HYIPs are more like gambles than they are actual investments. Having said this, the real programs do exist, and personally I feel people should be allowed to invest in these things as long as they know what they may be getting themselves into.
Remember a few things when putting money into one of these programs
#1 - Expect to lose your money
#2 - Get your initial investment back ASAP, and then play with the profits.
#3 - Don't believe everything you hear online about Autosurfs, or any investment program not recognized by the SEC.
HYIPs as well as Autosurfs should be viewed no differently then a game of Texas hold'em poker. It's a gamble, but with the proper preparation, skill, and luck you can turn the odds in your favor.
My Overall View Towards Autosurf Programs
As many of you know, I used to Own and operate Talkgold.com for several years until selling it off back in November of 2007. I still remain a part of the site and keep my admin duties over there. Having said this I try to keep Talkgold as opened and free as possible, because autosurfs and well as HYIPs are more like gambles than they are actual investments. Having said this, the real programs do exist, and personally I feel people should be allowed to invest in these things as long as they know what they may be getting themselves into.
Remember a few things when putting money into one of these programs
#1 - Expect to lose your money
#2 - Get your initial investment back ASAP, and then play with the profits.
#3 - Don't believe everything you hear online about Autosurfs, or any investment program not recognized by the SEC.
HYIPs as well as Autosurfs should be viewed no differently then a game of Texas hold'em poker. It's a gamble, but with the proper preparation, skill, and luck you can turn the odds in your favor.
Thursday, July 30, 2009
10 Cheapest Cities to Live in in America
Now May not be the best time to move, if you are cash strapped, but a move actually can be a great way to spark a declining attitude towards ones own life. If you have the money for a move, and was recently laid off, if may be a good time to think about where you would like to live other than your current town. If a job is available elsewhere, and it's some place you and your family wouldn't mind moving to, then why not be bold, and take the challenge. Here 10 of best cities to move too if you are money strapped. They are ranked using a formula with variables for how cheap living expenses are, the unemployment rate, and the average salary of the metropolitan area.
#1 Manchester-Nashua, NH
#2 Ogden-Clearfield, UT
#3 Minneapolis-St. Paul-Bloomington, MN-WI
#4 Worcester, MA Metropolitan
#5 Ann Arbor, MI Metropolitan
#6 Albany-Schenectady-Troy, NY
#7 Fort Worth-Arlington, TX
#8 Durham-Chapel Hill, NC
#9 Fort Collins-Loveland, CO
#10 Pittsburgh, PA Metropolitan
Of course you have to have the financial means to make a large move to one of these areas, and if you already have a job, make sure you can secure a similar job in one of these areas before just picking up everything and hauling it away.
#1 Manchester-Nashua, NH
#2 Ogden-Clearfield, UT
#3 Minneapolis-St. Paul-Bloomington, MN-WI
#4 Worcester, MA Metropolitan
#5 Ann Arbor, MI Metropolitan
#6 Albany-Schenectady-Troy, NY
#7 Fort Worth-Arlington, TX
#8 Durham-Chapel Hill, NC
#9 Fort Collins-Loveland, CO
#10 Pittsburgh, PA Metropolitan
Of course you have to have the financial means to make a large move to one of these areas, and if you already have a job, make sure you can secure a similar job in one of these areas before just picking up everything and hauling it away.
Wednesday, July 29, 2009
The Best and Worst States for Unemployment
A couple months back I did a story about the unemployment rate in America. I love looking at data and seeing which areas are hurt the most and the least in the job sector. The US unemployment rate is currently at 9.7%, and will likely top 10% sometime this year before it's eventually but steady pull back, in my opinion. Here is a look at some of the states in the top 5 and bottom 5 of the unemployment data set. As you can see there is quite a disparity between job rates in America.:
Top 5 Most Unemployed States:
Michigan - 15.4%
South Carolina - 12.3%
Rhode Island - 12.2%
Nevada - 12.1%
Oregon - 12.1%
Top 5 Least Unemployed States
North Dakota - 4.6%
South Dakota - 4.9%
Nebraska - 5.1%
Wyoming - 5.7%
Utah - 5.9%
As you can clearly see, there are some major differences between the top and bottom 5 states in Unemployment rates. It is obvious that the States in the Union who rely heavily on agriculture are doing quite well, while those states Like Michigan, whom lost thousands of jobs when the auto industry went bust, and Nevada who is clearly one of the nations worse housing markets, as well as taking a hit from a gambling and travel decline, are the worse.
Top 5 Most Unemployed States:
Michigan - 15.4%
South Carolina - 12.3%
Rhode Island - 12.2%
Nevada - 12.1%
Oregon - 12.1%
Top 5 Least Unemployed States
North Dakota - 4.6%
South Dakota - 4.9%
Nebraska - 5.1%
Wyoming - 5.7%
Utah - 5.9%
As you can clearly see, there are some major differences between the top and bottom 5 states in Unemployment rates. It is obvious that the States in the Union who rely heavily on agriculture are doing quite well, while those states Like Michigan, whom lost thousands of jobs when the auto industry went bust, and Nevada who is clearly one of the nations worse housing markets, as well as taking a hit from a gambling and travel decline, are the worse.
Tuesday, July 28, 2009
2010 Stock Market Predictions
I have been known to make predictions, and although I dislike leading people in an y direction, I am doing this for fun only. Please do not follow me, rather make your own personal choice while investing in the stock market. If you search my past predictions, you would see I predicted back in March, when everyone was panicking that the Dow would be at 9000 sometime in July. I also predicted the bottom of the market the day that it hit the bottom in the low 6000's Most of my predictions are just gut instincts, and really probably should not be used as an investing guideline, however Here I go with just a few more.
2010 Stock Market Predictions. (Prices predicted at the start of 2010)
Dow - 10650
We have just over 5 months before the beginning of 2010. The recession will likely be announced over sometime before the end of this year, and we may see the unemployment rate begin to ease. Stocks are still undervalued compared to their future profit potential. I think as long as there are no major snags along the way, 10,650 is a pretty good spot for the Dow to be trading at. That's almost a 20% gain from today's prices.
Google (Goog) - $550
I still love Google. The internet continues to grow, and the mobile internet continues to explode. Google has it's hands surrounding both. Internet ad revenue should continue to grow at a huge rate, and Googles new Wave could bring in a ton of users worldwide. Google should slightly out perform the market over the next 5 months leading to 2010.
Bank of America (BAC) - $23
Bank of America, although they have their share of issues, is a very strong company that should easily have explosive profit growth once the recession is over and things pick back up. The acquisition of Merrill will certainly help them in this once things settle. The housing market is clearly thawing out, and the bank will be the ones to benefit from this. A 80% gain in the next 5 months may seem extraordinary, but if you look at how far this stock has fallen it really isn't.
CD Interest Rates
If you are like me, you may have some cash you have that you like to keep free. I usually do this with no-penalty Certificates of Deposits. Having said this, the rates have been under 2% as of late. I think that starting in 2010, rates should begin increasing. By the end of 2010 a 4-5% CD will likely become available. To start 2010, I am guessing maybe 2.5-3% CD's will be available.
Like I said, take these predictions with a grain of salt. Follow your own stock market lead, not mine.
2010 Stock Market Predictions. (Prices predicted at the start of 2010)
Dow - 10650
We have just over 5 months before the beginning of 2010. The recession will likely be announced over sometime before the end of this year, and we may see the unemployment rate begin to ease. Stocks are still undervalued compared to their future profit potential. I think as long as there are no major snags along the way, 10,650 is a pretty good spot for the Dow to be trading at. That's almost a 20% gain from today's prices.
Google (Goog) - $550
I still love Google. The internet continues to grow, and the mobile internet continues to explode. Google has it's hands surrounding both. Internet ad revenue should continue to grow at a huge rate, and Googles new Wave could bring in a ton of users worldwide. Google should slightly out perform the market over the next 5 months leading to 2010.
Bank of America (BAC) - $23
Bank of America, although they have their share of issues, is a very strong company that should easily have explosive profit growth once the recession is over and things pick back up. The acquisition of Merrill will certainly help them in this once things settle. The housing market is clearly thawing out, and the bank will be the ones to benefit from this. A 80% gain in the next 5 months may seem extraordinary, but if you look at how far this stock has fallen it really isn't.
CD Interest Rates
If you are like me, you may have some cash you have that you like to keep free. I usually do this with no-penalty Certificates of Deposits. Having said this, the rates have been under 2% as of late. I think that starting in 2010, rates should begin increasing. By the end of 2010 a 4-5% CD will likely become available. To start 2010, I am guessing maybe 2.5-3% CD's will be available.
Like I said, take these predictions with a grain of salt. Follow your own stock market lead, not mine.
Monday, July 27, 2009
30 Ways to Save Money on Groceries
Saving cash is something everyone is looking to do in this terrible economy, so I decided to add another money saving guide to the weekly edition. Here are tips on how to save money while grocery shopping.
- Don’t be afraid of store brands, they are just as good
- Stock up (within reason) when things are on sale
- Get rain checks when sale items are out of stock
- Buy the Sunday paper
- Keep an eye on the weekly store circular
- Clip coupons for name brand items
- Check the store’s website for printable coupons
- Check your cupboards, pantry, and fridge before leaving
- Keep a complete list of items you need on your fridge
- Break your list down by store and plan your outing
- Plan your trip through the store to minimize wandering the aisles
- Don’t forget your list when you head to the store, but…
- Be willing to deviate from your list for great deals
- Be on the lookout for “double coupon” days
- Stack manufacturer and store coupons, both are allowed to be used at once
- Keep a price list/book so you know a deal when you see one
- Learn your store’s sale cycle (sales are often cyclical)
- Visit multiple stores to get the best deals, or…
- Buy in bulk, but…
- Be sure to look at unit pricing
- Bring a calculator (unless you’re a math whiz)
- Be on the lookout for “shrinkage” (e.g., 1.5 quarts vs. half gallon)
- Cook large batches and freeze for later
- Don’t waste leftovers
- Ask your preferred store to match prices form elsewhere
- Avoid non-grocery items that can be bought for less elsewhere
- Joins the store’s affinity program and flash your card
- Buy a chest freezer
- Eat less – seriously, many people eat way more than necessary
- Cook from scratch, avoid processed foods
Remember to spend some time preparing for your shopping expedition, as it could literally save you hundreds of dollars each year.
- Don’t be afraid of store brands, they are just as good
- Stock up (within reason) when things are on sale
- Get rain checks when sale items are out of stock
- Buy the Sunday paper
- Keep an eye on the weekly store circular
- Clip coupons for name brand items
- Check the store’s website for printable coupons
- Check your cupboards, pantry, and fridge before leaving
- Keep a complete list of items you need on your fridge
- Break your list down by store and plan your outing
- Plan your trip through the store to minimize wandering the aisles
- Don’t forget your list when you head to the store, but…
- Be willing to deviate from your list for great deals
- Be on the lookout for “double coupon” days
- Stack manufacturer and store coupons, both are allowed to be used at once
- Keep a price list/book so you know a deal when you see one
- Learn your store’s sale cycle (sales are often cyclical)
- Visit multiple stores to get the best deals, or…
- Buy in bulk, but…
- Be sure to look at unit pricing
- Bring a calculator (unless you’re a math whiz)
- Be on the lookout for “shrinkage” (e.g., 1.5 quarts vs. half gallon)
- Cook large batches and freeze for later
- Don’t waste leftovers
- Ask your preferred store to match prices form elsewhere
- Avoid non-grocery items that can be bought for less elsewhere
- Joins the store’s affinity program and flash your card
- Buy a chest freezer
- Eat less – seriously, many people eat way more than necessary
- Cook from scratch, avoid processed foods
Remember to spend some time preparing for your shopping expedition, as it could literally save you hundreds of dollars each year.
Friday, July 24, 2009
Next Week: ExxonMobile Reports
So far this week, has been quite a thriller for those long in the stock market. Earnings reports came in better than expected for the most part, and Housing numbers surprised even the most optimistic experts in the field. So, will next week continue the rally? Could the Dow Actually start it's accent up to the 10,000 mark within a couple months? I guess we will all find out soon. Let's take a look at Next weeks agenda.
- Jul 27 10:00 AM New Home Sales
- Jul 28 9:00 AM Consumer Confidence
- Jul 28 9:00 AM S&P/Case-Shiller Home Price Index
- Jul 28 9:00 AM S&P/CaseShiller Home Price Index
- Jul 29 8:30 AM Durable Orders
- Jul 29 8:30 AM Durables, Ex Transportation
- Jul 29 10:30 AM Crude Inventories
- Jul 29 2:00 PM Fed's Beige Book
- Jul 30 8:30 AM Initial Claims
- Jul 31 8:30 AM GDP-Adv.
- Jul 31 8:30 AM Core PCE
- Jul 31 8:30 AM Chain Deflator-Adv.
- Jul 31 8:30 AM Employment Cost Index
- Jul 31 9:45 AM Chicago PMI
- Jul 31 10:00 AM Employment Cost Index
As you can see, there are a lot of second quarter numbers coming out. I will be paying particular attention to the New Home sales, as well as the home price indicators, to see if the increase in pre-owned home sales was caused by a lowering of prices, or a decrease in new home sales, or if it the entire market is beginning to thaw. The unemployment and GDP numbers should also be significant economic indicators to fill us in on the state of the general economy. Next week is also another big one for earnings. Below are some of the key companies reporting next week:
Monday:
Radio Shack
Sohu
Verizon
Tuesday:
BP
Earthlink
Mittel
Viacom
Wednesday:
Hess
IAC
Thursday:
Brunswick
Expedia
ExxonMobile
Friday:
Chevron
- Jul 27 10:00 AM New Home Sales
- Jul 28 9:00 AM Consumer Confidence
- Jul 28 9:00 AM S&P/Case-Shiller Home Price Index
- Jul 28 9:00 AM S&P/CaseShiller Home Price Index
- Jul 29 8:30 AM Durable Orders
- Jul 29 8:30 AM Durables, Ex Transportation
- Jul 29 10:30 AM Crude Inventories
- Jul 29 2:00 PM Fed's Beige Book
- Jul 30 8:30 AM Initial Claims
- Jul 31 8:30 AM GDP-Adv.
- Jul 31 8:30 AM Core PCE
- Jul 31 8:30 AM Chain Deflator-Adv.
- Jul 31 8:30 AM Employment Cost Index
- Jul 31 9:45 AM Chicago PMI
- Jul 31 10:00 AM Employment Cost Index
As you can see, there are a lot of second quarter numbers coming out. I will be paying particular attention to the New Home sales, as well as the home price indicators, to see if the increase in pre-owned home sales was caused by a lowering of prices, or a decrease in new home sales, or if it the entire market is beginning to thaw. The unemployment and GDP numbers should also be significant economic indicators to fill us in on the state of the general economy. Next week is also another big one for earnings. Below are some of the key companies reporting next week:
Monday:
Radio Shack
Sohu
Verizon
Tuesday:
BP
Earthlink
Mittel
Viacom
Wednesday:
Hess
IAC
Thursday:
Brunswick
Expedia
ExxonMobile
Friday:
Chevron
Thursday, July 23, 2009
6 Ways to Save Money on Gas
No one really knows where oil prices are headed now-a-days. We have seen the price of oil affect gasoline prices throughout the world to a pretty large degree, especially over the last 3-4 years. As prices bounce around, the economy also is not in great shape. Everyone is looking to save some cash on gasoline right? Well here are some things you, as a consumer, can do to help lower your gasoline use.
#1 Choose alternate cheap methods.
Consider walking, biking, or riding the bus. The first two will not only save you money, but possibly even a couple years on your life, and maybe some money on those extra large sweatpants you have to buy.
#2 Park in the Very First Spot you Find.
Don't spend minutes riding around looking for a better spot. In the time it takes to find another spot, you could already have been at your destination. Walk a little if it's nice out. Time in your car means more gasoline consumption.
#3 Combine trips.
Plan out the quickest way to run all your errands that will save on time and distance traveled. Plan ahead instead of having to run out 5 times every day.
#4 Check the Internet for Gas Deals
Check out sites like Gasbuddy.com for deals in your area. Sometimes you can save as much as 15 cents a gallon from one station to the next.
#5 Who Cares What Brand it is
Gasoline is Gasoline. Who cares if it is Mobile, BP, or some no-name brand? There may be slight differences in the additives of one brand compared to another, but overall, you will not notice a difference.
#6 Sign up for a Gasoline Credit Card
You can often save up to 3% on all gasoline purchases with a cash back rewards program offered to people with good credit scores. Remember to pay off your card on time every time, and to shop around for the best deal.
#1 Choose alternate cheap methods.
Consider walking, biking, or riding the bus. The first two will not only save you money, but possibly even a couple years on your life, and maybe some money on those extra large sweatpants you have to buy.
#2 Park in the Very First Spot you Find.
Don't spend minutes riding around looking for a better spot. In the time it takes to find another spot, you could already have been at your destination. Walk a little if it's nice out. Time in your car means more gasoline consumption.
#3 Combine trips.
Plan out the quickest way to run all your errands that will save on time and distance traveled. Plan ahead instead of having to run out 5 times every day.
#4 Check the Internet for Gas Deals
Check out sites like Gasbuddy.com for deals in your area. Sometimes you can save as much as 15 cents a gallon from one station to the next.
#5 Who Cares What Brand it is
Gasoline is Gasoline. Who cares if it is Mobile, BP, or some no-name brand? There may be slight differences in the additives of one brand compared to another, but overall, you will not notice a difference.
#6 Sign up for a Gasoline Credit Card
You can often save up to 3% on all gasoline purchases with a cash back rewards program offered to people with good credit scores. Remember to pay off your card on time every time, and to shop around for the best deal.
Wednesday, July 22, 2009
AAPL, Dynamite Again
There are only a few companies in America that I can say are as exciting as Apple (AAPL). Not only is Appl continuing to innovate, but while just about every other computer company has flopped during this recession, they report that sales of their personal computer, iMac's are up. That is incredible, and just goes to show how popularity in one area can mean success in all. Ever since Apples Launch of the iPod several years ago, a product which has become the symbol of electronics for this decade, the "coolness factor" has driven up sales in all their other product lines. Than came the iPhone, which just built upon the iPod's successes.
So, whats in the future for AAPL?
You might think, "hey, the glittery exterior of the iphone and ipod are wearing off, how will Apple keep the success coming? Simple. They will do what they did in the first place, innovate. Rumors have it that sometime this year, Apple will release a tablet like computer. Some describe it as a larger iPod touch, while others describe it as a possible alteration to the newly popular netbooks. Either way, I'm certain they will blow us away with their innovative foresight.
It just makes me wonder. If a company like Apple who sell products which cost consumers prices that are above average in each area they are in, can prosper in a recession, what happens when the economy begins to grow again? Might be time to considering adding some of their shares to your stock portfolio.
So, whats in the future for AAPL?
You might think, "hey, the glittery exterior of the iphone and ipod are wearing off, how will Apple keep the success coming? Simple. They will do what they did in the first place, innovate. Rumors have it that sometime this year, Apple will release a tablet like computer. Some describe it as a larger iPod touch, while others describe it as a possible alteration to the newly popular netbooks. Either way, I'm certain they will blow us away with their innovative foresight.
It just makes me wonder. If a company like Apple who sell products which cost consumers prices that are above average in each area they are in, can prosper in a recession, what happens when the economy begins to grow again? Might be time to considering adding some of their shares to your stock portfolio.
Tuesday, July 21, 2009
How To Save Money on your Water Billl
With the economy still shaky, and unemployment rate about to hit 10%, every little bit of money one can save could mean a huge difference in their lives. Here are 7 things you can do to save a bundle on your next water bill.
1. While waiting for the shower to heat up, catch the cold water in a bucket so you can use it later to water plants, flush your toilet or clean outdoor furniture. This can save as much as 300 gallons per month alone.
2. Turn the water off while brushing your teeth. This will save 3 gallons per day, or 1000 gallons per year on average.
3. Use less detergent while washing dishes by hand. A smaller amount will clean just as well, and take a lot less water to rinse off.
4. Rinse Vegetables in a fill pot instead of letting the faucet run over them. This can save up to 3000 gallons per year.
5. Instead of putting everything in your garbage disposal, instead create a compost pile. This can save you up to 1000 gallons per year.
6. Put mulch around trees and plants. Mulch allows water to stay in the soil instead of evaporating. This means less watering, which will save you upwards of 12,000 gallons of water per year.
7. Do not water your lawn on windy days. The wind speeds evaporation, and can mean the loss of up to 300 gallons of water in just one session.
These simple steps can save you over 40,000 gallons of water per year. That's a lot of money.
1. While waiting for the shower to heat up, catch the cold water in a bucket so you can use it later to water plants, flush your toilet or clean outdoor furniture. This can save as much as 300 gallons per month alone.
2. Turn the water off while brushing your teeth. This will save 3 gallons per day, or 1000 gallons per year on average.
3. Use less detergent while washing dishes by hand. A smaller amount will clean just as well, and take a lot less water to rinse off.
4. Rinse Vegetables in a fill pot instead of letting the faucet run over them. This can save up to 3000 gallons per year.
5. Instead of putting everything in your garbage disposal, instead create a compost pile. This can save you up to 1000 gallons per year.
6. Put mulch around trees and plants. Mulch allows water to stay in the soil instead of evaporating. This means less watering, which will save you upwards of 12,000 gallons of water per year.
7. Do not water your lawn on windy days. The wind speeds evaporation, and can mean the loss of up to 300 gallons of water in just one session.
These simple steps can save you over 40,000 gallons of water per year. That's a lot of money.
Monday, July 20, 2009
AAPL, PFE, and Others Report this Week
After quite an eventful week last week, we are in for a bit of a quieter one for economic data. Having said this, we will likely get some excitement from the earnings reports being released this week. Last week saw the market rebound quite well. Intel's results combined with that of Google, and the major banks propelled us back up towards the highs of May. The existing Home sales number coming out on Thursday will be quite important to see if home sales are maybe trending towards a rebound, or at least leveling off.
Jul 20 10:00 AM Leading Indicators Jun
Jul 22 10:30 AM Crude Inventories 07/17
Jul 22 10:35 AM Crude Inventories 07/17
Jul 23 8:30 AM Initial Claims 07/18
Jul 23 10:00 AM Existing Home Sales Jun
Jul 24 9:55 AM Mich Sentiment-Rev Jul
There are way too many stocks reporting this week for me to list, but I'll list a few for each day of the week that I feel could be important market drivers.
Monday:
Halliburton
Texas Instruments
Tuesday:
AMD
Apple
Continental Airlines
The Coca-Cola Company
Yahoo
Wednesday
Altria Group, Inc.
Ebay
Etrade
Eli Lilly
PepsiCo
Pfizer
Piper Jaffray
Thursday
3M
Amazon
AT&T
Baidu
Bristol Myers Squib
Wyeth
Xerox
Friday
Exelon
Jul 20 10:00 AM Leading Indicators Jun
Jul 22 10:30 AM Crude Inventories 07/17
Jul 22 10:35 AM Crude Inventories 07/17
Jul 23 8:30 AM Initial Claims 07/18
Jul 23 10:00 AM Existing Home Sales Jun
Jul 24 9:55 AM Mich Sentiment-Rev Jul
There are way too many stocks reporting this week for me to list, but I'll list a few for each day of the week that I feel could be important market drivers.
Monday:
Halliburton
Texas Instruments
Tuesday:
AMD
Apple
Continental Airlines
The Coca-Cola Company
Yahoo
Wednesday
Altria Group, Inc.
Ebay
Etrade
Eli Lilly
PepsiCo
Pfizer
Piper Jaffray
Thursday
3M
Amazon
AT&T
Baidu
Bristol Myers Squib
Wyeth
Xerox
Friday
Exelon
Thursday, July 16, 2009
Stock Market Good News Emerges - Goog Reports
It seems that just last week, the investors were once again worried about the status of our economic recovery. People began questioning if the market rally from the 6000's to the 8000's were warranted. Fast forward a week, and now it seems we are all blissful with dollar signs in our eyes. There are a few things propelling us.
Earnings reports:
Intel released what some experts are calling a monster blowout in both earnings and their forecast. Intel stock shot up close to 8% following earnings, and looks to be in great shape. They also took much of the computer sector as well as the entire DOW and S&P with them, as we saw the Dow up over 256 points. Clearly Intel's results signaled to traders that the technology industry is on the rebound, which also means just about every other industry must be as well.
Jobs Reports:
Unemployment is still going up, however, this morning we learned it was going up at a much slower pace now.Initial jobless claims dropped by 47,000 to 522,000, lower than forecast, in the week ended July 11, from a revised 569,000 the prior week, the Labor Department said today in Washington. This gives us hope that we could see the unemployment number begin to fall by year's end.
Google (GOOG) reports at the close today, and investors are certainly excited to see their results. Google is expected to earn $5.09 per share on revenue of $4.06 billion, based on the average estimate of analysts surveyed by Thomson Reuters. If they beat this number, it would be incredible news for most of the market. We will see around 4:15 today.
Earnings reports:
Intel released what some experts are calling a monster blowout in both earnings and their forecast. Intel stock shot up close to 8% following earnings, and looks to be in great shape. They also took much of the computer sector as well as the entire DOW and S&P with them, as we saw the Dow up over 256 points. Clearly Intel's results signaled to traders that the technology industry is on the rebound, which also means just about every other industry must be as well.
Jobs Reports:
Unemployment is still going up, however, this morning we learned it was going up at a much slower pace now.Initial jobless claims dropped by 47,000 to 522,000, lower than forecast, in the week ended July 11, from a revised 569,000 the prior week, the Labor Department said today in Washington. This gives us hope that we could see the unemployment number begin to fall by year's end.
Google (GOOG) reports at the close today, and investors are certainly excited to see their results. Google is expected to earn $5.09 per share on revenue of $4.06 billion, based on the average estimate of analysts surveyed by Thomson Reuters. If they beat this number, it would be incredible news for most of the market. We will see around 4:15 today.
Wednesday, July 15, 2009
Predicting the Stock Market With Bets
One of the sites I like to look at to get a true feeling of what people expect, weather it is with the economy, sports, politics, etc, is Intrade.com. Basically Intrade is a betting site, that works sort of like the stock market. The higher the share price, the more likely people think an event will happen. There is not better way to get a good accurate feel of a general populations thoughts, than through betting. Polls, and questionairs can be deceiving, as the people taking them do not have an incentive to be honest. With Intrade, people put their money where their mouths are. So, I will take a quick look at some of the states:
According to the bettors at Intrade.com the following is true according to the last trade price at the betting site.
Facebook IPO
14% Chance that FaceBook Will announce an IPO by December 31st, 2009
31% Chance that FaceBook Will announce an IPO by December 31st, 2010
Dow Jones Price Target
88.5% chance the Dow will end at over 6000 on December 31st, 2009
77.5% Chance the Dow will end at over 7000 on December 31st, 2009
30.2% Chance the Dow will end at over 9000 on December 31st, 2009
7.8% Chance the Dow will end at over 11000 on December 31st, 2009
Economic Data
55% Chance the US Unemployment will be Greater than 10.50% by December 31st, 2009
7% Chance the US Unemployment will be Greater than 11.50% by December 31st, 2009
55% Chance the US Recession will end in this Quarter (Quarter 3)
Just thought these numbers were interesting. Take them for what they are.
According to the bettors at Intrade.com the following is true according to the last trade price at the betting site.
Facebook IPO
14% Chance that FaceBook Will announce an IPO by December 31st, 2009
31% Chance that FaceBook Will announce an IPO by December 31st, 2010
Dow Jones Price Target
88.5% chance the Dow will end at over 6000 on December 31st, 2009
77.5% Chance the Dow will end at over 7000 on December 31st, 2009
30.2% Chance the Dow will end at over 9000 on December 31st, 2009
7.8% Chance the Dow will end at over 11000 on December 31st, 2009
Economic Data
55% Chance the US Unemployment will be Greater than 10.50% by December 31st, 2009
7% Chance the US Unemployment will be Greater than 11.50% by December 31st, 2009
55% Chance the US Recession will end in this Quarter (Quarter 3)
Just thought these numbers were interesting. Take them for what they are.
Monday, July 13, 2009
GMGMQ Halted, Finally
I very rarely blog about one particular stock, however with this instance I am making an exception. Earlier today the the self regulatory body of the brokerage industry, FINRA stepped in and halted trading on the Bankrupt General Motors company, now known as "Motors Liquidators," with ticker symbol GMGMQ.
Why did it Take so Long to Halt GMGMQ?
This is a question many people are asking. Why didn't this stock get halted weeks ago? General motors stated repeatedly that the shares of GMGMQ would be worthless once the US government, the United Auto Workers, and the company’s bondholders take their pieces of the restructured company. By allowing it to continue to trade it allowed for manipulation to occur, and traders to make quick money off of the uninformed.
What Sparked the Halt?
Earlier today the stock surged, up 38% for really no other reason then stock newsletters pumping it up. The initial jump in price caught the attention of investors who thought that maybe the GMGMQ symbol represented the new General Motors which emerged from bankruptcy just last Friday. This was not the case, thus the halt to stop the confusion.
It's pretty crazy when a company that claims their stock is worthless trades at a market cap of over $600 million, like it was at at the time of the halt earlier today. I just wonder how many investors lost big money thinking they were buying into the new General motors that is now no longer bankrupt.
Why did it Take so Long to Halt GMGMQ?
This is a question many people are asking. Why didn't this stock get halted weeks ago? General motors stated repeatedly that the shares of GMGMQ would be worthless once the US government, the United Auto Workers, and the company’s bondholders take their pieces of the restructured company. By allowing it to continue to trade it allowed for manipulation to occur, and traders to make quick money off of the uninformed.
What Sparked the Halt?
Earlier today the stock surged, up 38% for really no other reason then stock newsletters pumping it up. The initial jump in price caught the attention of investors who thought that maybe the GMGMQ symbol represented the new General Motors which emerged from bankruptcy just last Friday. This was not the case, thus the halt to stop the confusion.
It's pretty crazy when a company that claims their stock is worthless trades at a market cap of over $600 million, like it was at at the time of the halt earlier today. I just wonder how many investors lost big money thinking they were buying into the new General motors that is now no longer bankrupt.
Sunday, July 12, 2009
Tazoodle - A look Inside
Below is an overview of a new Search engine which launches in about 98 days. It's called Tazoodle, and it leaves many questions to be answered. This overview is written by a guest author, and not myself:
Overview of Tazoodle
Here's the brand new search engine Tazoodle. We don't know much about it. In this article, we're going to talk about how it works.
In the beginning, after registering a Tazoodle account, a user becomes a viewer. The viewer becomes an advertiser, when a website is added to the account and advertising is purchased. After that, the website of advertiser is added to the display list of the website together with other advertisers. Then, their website is displayed at some times.
One website's view or click cost is $1 and each advertiser pays fees ahead of their site being shown. $1 purchases one credit for website display. Tazoodle gains income, when an advertiser's site is displayed. The earned income is shared differently with different accounts in the next manner – 50% of the total income goes to account owners, which merit sharing in the earnings pool, 75% of the remained 50% goes to advertisers, and 25% goes to advertisers and viewers.
Account keepers can share in the everyday income pool by surveying 20 advertiser sites for 15 seconds each. Advertisers receive a 25% bonus in credits for website display. All that is calculated and then added to their display credits every day. The site display credit count defines the quantity of times the website of the advertiser might be displayed and the implicit income gained by the advertiser.
Both viewer and advertiser can introduce Tazoodle to others. If the user creates an account under the account number of either viewer or advertiser, they become the sponsor of the new account. The sponsor receives a 10% cash commission, if the new account's owner buys advertising. In the same manner if the new account's proprietor invites a user to Tazoodle that later buys advertising also, the first sponsor will receive a 5% cash commission. Commissions are paid instantly to the cash account of the sponsor. Every day, the viewing earnings and commission earnings will be counted and transferred to the user's cash account. Then, each user will have the choice to buy Tazoodle advertising, transmit money to another user's cash account of transfer it to International Global Exchange or PayPal account, which offers debit card facilities and bank-to-bank transfers.
Overview of Tazoodle
Here's the brand new search engine Tazoodle. We don't know much about it. In this article, we're going to talk about how it works.
In the beginning, after registering a Tazoodle account, a user becomes a viewer. The viewer becomes an advertiser, when a website is added to the account and advertising is purchased. After that, the website of advertiser is added to the display list of the website together with other advertisers. Then, their website is displayed at some times.
One website's view or click cost is $1 and each advertiser pays fees ahead of their site being shown. $1 purchases one credit for website display. Tazoodle gains income, when an advertiser's site is displayed. The earned income is shared differently with different accounts in the next manner – 50% of the total income goes to account owners, which merit sharing in the earnings pool, 75% of the remained 50% goes to advertisers, and 25% goes to advertisers and viewers.
Account keepers can share in the everyday income pool by surveying 20 advertiser sites for 15 seconds each. Advertisers receive a 25% bonus in credits for website display. All that is calculated and then added to their display credits every day. The site display credit count defines the quantity of times the website of the advertiser might be displayed and the implicit income gained by the advertiser.
Both viewer and advertiser can introduce Tazoodle to others. If the user creates an account under the account number of either viewer or advertiser, they become the sponsor of the new account. The sponsor receives a 10% cash commission, if the new account's owner buys advertising. In the same manner if the new account's proprietor invites a user to Tazoodle that later buys advertising also, the first sponsor will receive a 5% cash commission. Commissions are paid instantly to the cash account of the sponsor. Every day, the viewing earnings and commission earnings will be counted and transferred to the user's cash account. Then, each user will have the choice to buy Tazoodle advertising, transmit money to another user's cash account of transfer it to International Global Exchange or PayPal account, which offers debit card facilities and bank-to-bank transfers.
Friday, July 10, 2009
July Earnings and Economic Data
This has been another, not so good, week in the markets. Having said this, I am still very optimistic. I feel that these drops in the market are just buying opportunities for later in the year and next year. I have been asked, where I thought the DOW would be by the middle of 2011. No one, not even the best economic experts in the World could even venture a good guess at this question. Anything could happen between now and than. I will however say that in 2 years from now, I could see the Dow in the 11,000 - 12,000 range. Now that's almost a 50% gain from today. 25% per year is an amazing return.
Next week is going to be certainly a wild one. We will get a lot of information on the status of the economy. Most importantly, the earnings reports from some of the largest corporations on the planet, including, Google, IBM, Citibank, Bank of America, and many others. In addition to this, we will also get the following economic data released all throughout next week.
Jul 13 2:00 PM Treasury Budget Jun
Jul 14 8:30 AM Core PPI Jun
Jul 14 8:30 AM PPI Jun
Jul 14 8:30 AM Retail Sales Jun
Jul 14 8:30 AM Retail Sales ex-auto
Jul 14 10:00 AM Business Inventories May
Jul 15 8:30 AM Core CPI Jun
Jul 15 8:30 AM CPI Jun
Jul 15 8:30 AM Empire Manufacturing Jul
Jul 15 9:15 AM Capacity Utilization Jun
Jul 15 9:15 AM Industrial Production Jun
Jul 15 10:00 AM Business Inventories May
Jul 15 10:30 AM Crude Inventories 07/10
Jul 15 10:35 AM Crude Inventories 07/10
Jul 15 2:00 PM Minutes of FOMC Meeting June 24
Jul 16 8:30 AM Initial Claims 07/11
Jul 16 9:00 AM Net Long-Term TIC Flows May
Jul 16 10:00 AM Philadelphia Fed Jul
Jul 17 8:30 AM Building Permits Jun
Jul 17 8:30 AM Housing Starts Jun
I will be paying close attention to the Business Inventory number, as well as the Philadelphia Fed. The Housing numbers should also be very interesting. So, whether you are buying or selling in the current conditions, Next week will certainly make a financial impact on your holdings.
Next week is going to be certainly a wild one. We will get a lot of information on the status of the economy. Most importantly, the earnings reports from some of the largest corporations on the planet, including, Google, IBM, Citibank, Bank of America, and many others. In addition to this, we will also get the following economic data released all throughout next week.
Jul 13 2:00 PM Treasury Budget Jun
Jul 14 8:30 AM Core PPI Jun
Jul 14 8:30 AM PPI Jun
Jul 14 8:30 AM Retail Sales Jun
Jul 14 8:30 AM Retail Sales ex-auto
Jul 14 10:00 AM Business Inventories May
Jul 15 8:30 AM Core CPI Jun
Jul 15 8:30 AM CPI Jun
Jul 15 8:30 AM Empire Manufacturing Jul
Jul 15 9:15 AM Capacity Utilization Jun
Jul 15 9:15 AM Industrial Production Jun
Jul 15 10:00 AM Business Inventories May
Jul 15 10:30 AM Crude Inventories 07/10
Jul 15 10:35 AM Crude Inventories 07/10
Jul 15 2:00 PM Minutes of FOMC Meeting June 24
Jul 16 8:30 AM Initial Claims 07/11
Jul 16 9:00 AM Net Long-Term TIC Flows May
Jul 16 10:00 AM Philadelphia Fed Jul
Jul 17 8:30 AM Building Permits Jun
Jul 17 8:30 AM Housing Starts Jun
I will be paying close attention to the Business Inventory number, as well as the Philadelphia Fed. The Housing numbers should also be very interesting. So, whether you are buying or selling in the current conditions, Next week will certainly make a financial impact on your holdings.
Thursday, July 9, 2009
2009 2nd Quarter Earnings - Google, Citibank, etc
We have seen the stock market drop nearly 10% from it's Highs back in late May. In the last two weeks though, the market has really tumbled. Most of this is from economic data, which was not as good as expected, but a lot of the negative sentiment is from jitters before the 2nd quarter earnings reports for 2009. Starting next week we will see some very important companies release their earnings. Below are just some of the companies releasing their reports next week, that I feel are a bit more important to the economy as a whole.
Tuesday, July 14th
Goldman Sachs
Johnson & Johnson
Wednesday, July 15th
Kinder Morgan
Worthington Industries
Thursday, July 16th
Google
IBM
Friday, July 18th
Bank of America
Citigroup
General Electric
Mattel
If the majority of these reports are better then expected, and if the companies give forecasts that seem to lend a hint of optimism towards a soon to be expanding economy, meaning more job opportunities, we may just retest the highs of late May. Having said this, it could go the other way as well. I personally see more room to the upside then downside though.
Tuesday, July 14th
Goldman Sachs
Johnson & Johnson
Wednesday, July 15th
Kinder Morgan
Worthington Industries
Thursday, July 16th
IBM
Friday, July 18th
Bank of America
Citigroup
General Electric
Mattel
If the majority of these reports are better then expected, and if the companies give forecasts that seem to lend a hint of optimism towards a soon to be expanding economy, meaning more job opportunities, we may just retest the highs of late May. Having said this, it could go the other way as well. I personally see more room to the upside then downside though.
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