When you sit down at your computer do you really know how to make money or is it just
"trial and error"?
Preface / Introduction
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know how to make money or is it just "trial and error"?
Table of Contents
1. An Online Marketing Campaign Can Be Easy
2. Are You Ready To Become Self-Employed
3. About Money Market Investing - Is It For You
4. After Hours Trading Quotes
5. Best Online Savings Account- What To Look For
An Online Marketing Campaign Can Be Easy
An effective online marketing campaign can be almost as important to selling as the product or
service itself. It doesn't matter how great it is that you have made, it goes nowhere without a good
way to market it. Because the marketing is so important it is easy to be intimidated by it but it
doesn't need to be that way. You can build one if you break it down into bite size pieces.
First thing you need to do is figure out who your customer is. What is the perfect customer you are
looking for? How old is my customer? What is their sex? Where do they work? What type of work
do they do? What is their household income? Is what I am offering realistically in their price range?
Where do they usually go to look for what I am offering and what does it usually take to get their
business. Not all of these questions apply to your particular product or service but the first thing for
you do is find out what questions apply and then answer them.
The second thing that you need to do is to find out how you are going to get their attention. Where is
it that you are going to go to try and get their business? Are you going to focus on just one avenue or
are there several that you can use effectively to reach wider range of customers? Look at all the
different avenues available to you whether putting ads on other web sites or pay-per-click. Find out
what others are doing and see if it would work for you.
A third thing that you need to do is set a budget. It may not be cheap but it doesn't have to break you
either. Find out how much money you can spend on each avenue you take, realizing that some cost
more than others but are also worth the added money. What works for you is going to be different
than what works for everyone else. Pay close attention to what works and pay even closer attention
to what doesn't work. Just make sure that what you put out can be sustained for as long a period of
time as possible.
You then need to create your ad content. Don't be afraid to be creative and don't be afraid to ask for
input or ideas. You have small opportunities to catch your customers attention. Make it count. Do
something that will catch their attention and their curiosity, and give them a way to give them more.
The last thing that you need to do is monitor and track how your ads do. If you find that some
avenues are working better than others, try to capitalize on that. Exploit the strengths in your online
marketing campaign and look for the weaknesses as well. Quit spending money on what doesn't
work. Of something is working a little, try tweaking it a bit. If something is working really well, put
some more energy and money behind it. You can make it successful.
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Copyright Vijian Narayanasamy - 2012 4 of 9When you sit down at your computer do you really know how to make money or is it just "trial and error"?
Are You Ready To Become Self-Employed
If you are interested in starting a business, or taking over one, you face a daunting task that carries a
level of risk and excitement not possible in the 'employee' world.
If the financial independence of self-employment appeals to you - no boss, no income limits as to
time and wage, and the ability to let your personal drive determine your compensation - then you
will no doubt be eagerly going over the many options available to release you from your current job.
However, the rush of financial excitement must be tempered by the necessary cost of time, money
and effort in properly setting yourself up independently.
Despite income claims made by business opportunity companies, or competing businesses, you must
be ready to accept the reality of not seeing personal income for several months - or even years.
Starting a self-employed business on the side, while keeping regular employment as your financial
security, is a wise method of ensuring your income.
Another option is to have substantial savings that permit you the freedom to pursue your dreams
unencumbered with other employment. However, the savings must also be capable of carrying the
costs of developing a business along with providing for your material needs.
Do you also recognize the time that is required in starting your own business? In some ways it is
almost unnecessary to bring up the point since your passion will likely drive you to spend many
hours in your pursuits. If you have other obligations; family, job, social etc. then you will have to
consider if you CAN devote the time needed to get your business off the ground.
Having discussed both money and time, you must recognize that there is much more effort extended
BEFORE a business is profitable than at any other time in your business. Yes, once you are getting
work and are satisfied with the income level you may be very busy indeed but you will then be
compensated for it. When you are still cultivating your business - marketing, doing free jobs,
searching for clients and customers - you may not be seeing any income, or a very meager one,
which makes your EFFORTS seem immense.
Do not falter! If you come to the point when you are working your hardest and doing everything
your business requires but still not seeing monetary results, you may hit a psychological wall. This is
where truly entrepreneurial individuals see an obstacle to overcome as opposed to a dead-end to
their hard work. Passion for their work and the strong desire to work for themselves overcomes any
perceived barriers and moves them to keep going and ultimately becoming very successful.
By persevering you will certainly see the fine fruits of your labors and prove to yourself and others
that the benefits of self-employment far outweigh the mediocre status quo of the typical worker's
daily grind.
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Copyright Vijian Narayanasamy - 2012 5 of 9When you sit down at your computer do you really know how to make money or is it just "trial and error"?
About Money Market Investing - Is It For You
Money market investing is depositing money with a bank or financial institution that keeps its cash
in financial obligations that span a short term. This is done to provide low risk money market
investing that yields modest returns. Money market investing is not for the individual who wants to
get rich quick. The short-term debt strategies held in money market investing are usually made in
highly rated companies and government agencies.
Money market investing yields an average of 2% to %5 per year. You can, theoretically, lose money
in a money market investment, but it is highly unlikely. The FDIC does not insure money market
investments. You can lose all of your investment if the company holding it goes bankrupt.
Money market investing is beneficial because of its low risk. Many investors hold their money in a
money market account when they are not investing in a more aggressive strategy. This gives the
money a place to rest where it can still earn moderately, at low risk. Because of this procedure,
money market investing represents one of the most widely held securities in finance.
Investors often deposit profits from bonds, stocks, and mutual funds into money market accounts.
Dividend and interest proceeds from more aggressive investments are generally deposited directly
into money market accounts.
Initially, you must deposit higher sums of money into money market investments than into bank
accounts. Money market investing generally requires deposits of at least $100 to $5000 at the onset.
The per share price of money market investments is usually one dollar. Proceeds from money
market investing are paid in shares. Check writing services are provided as a part of most money
market investing.
Money market investing is not one-size-fits all. Money market investing firms put their money in
dissimilar securities. Because of this, they pay different interest rates. You can deposit your money
into a money market savings account that will yield a low interest rate, but is somewhat higher in
interest than a standard bank account, or you can do your money market investing in a mutual fund.
A mutual fund pools the resources of many money market investors. The mutual fund?s manager
buys money market securities for the mutual fund.
Money market investing is generally open-ended, which means that the investors can deposit or
withdraw monies at any time without risking penalties. Most money market accounts and funds
require that a minimum balance be maintained.
Interest rates from money market accounts are usually based on risk. The money market accounts
and mutual funds paying the highest interest are, thereby, likely to run the highest financial risk.
This is where the money market investor needs to weigh the security of their monies against the
promise of return.
Different money market accounts make varying demands on the investor. Some will maintain a
higher minimum balance, while others will limit the number of allowable withdrawals, some might
do both.
It is important to be aware of the restrictions and obligations placed upon your money market
investing before you decide where and how to make your investments.
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Copyright Vijian Narayanasamy - 2012 6 of 9When you sit down at your computer do you really know how to make money or is it just "trial and error"?
After Hours Trading Quotes
Many investors understand the after hours trading quotes can provide them with a pricing indicator
for the next day?s trading activity. After hours trading quotes can also offer some insight into the
trading activity of international markets that open for trade after the US market has stopped trading
for the day.
Remember, these are just insights. They aren?t a true representation of how that stock?s price will
react the following trading day, but many investors are still able to glean information and develop
stock analysis figures from the after hours prices and movements regardless.
The New York Stock Exchange and the NASDAQ are open for trading between 9.30am and 4.00pm
Eastern Time. Originally, only high net worth investors and institutional investors were given the
opportunity to trade after hours. The introduction of ECN, or Electronic Communications Networks,
in 1999 allowed smaller investors to trade after hours.
Many investors saw this as a major advantage, as the ability to trade directly with other investors via
registered ECN brokerage firms allowed them to reduce the cost of transactions and also to lock in
any pricing changes that occurred outside of regular trading hours.
However, there are some risks involved with trading after hours.
Receiving after hours trading quotes can sometimes offer beneficial pricing advantages, but it?s
important to remember that there are less buyers and sellers trading the after hours market as
compared to the regular trading hours. This lower volume might mean less liquidity, or more
difficulty in selling your stocks when you want to or at the price you intended.
You?re also unable to see prices from other sources. During regular trading hours, brokers are able
to access pricing from multiple sources and then allow you to buy or sell at favorable prices based
on several quotes. With after hours trading quotes, the source for brokers is generally limited to the
one price.
The pricing of stocks traded after hours also tends to have a higher level of volatility compared to
during regular trading hours. You may find that the prices are not always as current as they could be
and are regularly shown with a 15 minute delay, so always double check your trade order before
processing it for execution.
Placing a trade during regular trading hours usually means you?re able to set a limit order on your
trades. Many ECN brokerage houses don?t allow after hours trades to have a limit order placed,
which can often mean your order won?t be matched or fulfilled.
Finding after hours trading quotes is relatively simple. The majority of brokerage houses offer
quotes for trading during extended trading hours. You can also find plenty of information on the
NASDAQ website for stocks that are trading after hours.
While the after hours trading market offers a greater amount of flexibility and convenience, newer
traders should spend some time learning about trading stocks and developing trading strategies
during regular trading hours.
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Copyright Vijian Narayanasamy - 2012 7 of 9When you sit down at your computer do you really know how to make money or is it just "trial and error"?
Best Online Savings Account- What To Look For
Even though interest rates are at historically low levels there are still a lot of good reasons to open a
savings account. Some people will use an account as a safe place to keep their money until the
markets cool down a little, others just want to build up a nest egg. Whatever your reason for opening
a savings account take the time to find the best online savings account for you.
Not all online accounts are created equal. As with most things in life, some are better than others.
You will not only want to look at the interest rate a bank is offering but other factors as well.
Here is a list of some things to consider when choosing and online bank:
1) Stability of the bank. Even with FDIC insurance you still want to make sure the bank you choose
is secure and not teetering on the edge of disaster.
If it's one of the banks the government has recently bailed out you should probably steer clear, if for
no other reason than they ran their bank so poorly they had to be bailed out in the first place!
2) Customer service. This is particularly important with an online bank since you can't always run
down to the local branch and ask to speak to someone. At the minimum you want a customer service
department with long hours that is easily accessible. The best combination would be phone
accessibility along with email support, sometimes you just can't wait for them to respond to your
email.
3) How easy is the website to navigate? What good is an online bank if their website is so poorly
designed that it is very difficult to make any transactions? You also want to make sure their website
isn't constantly down for maintenance. Again, you need to be able to make transactions when it's
convenient for you, not them.
4) Do they have offline locations? That is a nice plus if there are branches near where you live. As
effective and time saving as online automation can be sometimes you need to be able to talk to
someone in person. Any online bank that also offers offline locations near where you live should be
put at the top of your list.
Take some time to find the best online savings account at the best online bank. Do some comparison
shopping. This is your money, isn't it worth investing a little time to make sure whoever you trust it
with will take good care of it?
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Copyright Vijian Narayanasamy - 2012 8 of 9When you sit down at your computer do you really know how to make money or is it just "trial and error"?
Resource
Republished with author's permission by Vijian Narayanasamy
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Copyright Vijian Narayanasamy - 2012 9 of 9When you sit down at your computer do you really know how to make money or is it just "trial and error"?


