Price Action with Binary Options
Price action is used in binary options to trade with current price behavior while placing less emphasis on past prices. You save more time using price action and see more trading opportunities There are hundreds of trading strategies available that advertise their performance, how accurate their market readings are and what you should do to get your hands on them. Yet, time and time again, the one form of trading that always seems to outperform the rest is price action trading. What is price action…
How to Select Good Tenants
How to select good tenants? If you ever thought about investing in real estate, renting out your home or a room in your home, you should read this! Earning money from income property can make you rich or cause you a lot of problems! Late rent, bothering other tenants, destroying property in their unit and elsewhere are just some of the problems you can avoid! So take it seriously! Details, Details, Details The best way to avoid bad tenants is to never rent to them in the first place! Take your time, do not rush! Whether you buy an apartment building or rent out your home, condominium or a room in your home, you will have a vacancy at some time. …
Recovering from a Massive Trading Loss
The most important element of successful trading is the ability to manage risk and maintain composure. Even the best traders in the world lose on a regular basis. Success in trading therefore is not about avoiding losses. In contrast, we must embrace the process of losing and learn to lose gracefully. The best traders are also the best losers. We learn that losing is simply a part of trading that can’t be avoided or ignored. My friend Ross …
Thinking of Buying a Rental Property in a College Town? Do Your Research First
If you have kids in college, or kids about to go away to college and you’ve looked at the price of on-campus housing these days, you may have thought to yourself, “boy that’s expensive.” Then, the investment side of your brain kicks in and you start to wonder about the potential return on buying a house near the college and renting it out to your daughter and five of her friends. If you’ve mulled over thoughts like these, rest assured, you’re not alone. According to an informal survey of Coldwell Banker agents conducted last year, more than one-third of…
4 Ways to Make Money through Online Marketing and Save It
You can find several ways to make money online. One of the best ways to make money online is through online marketing. Below are some ways that you could make money through online marketing. Do affiliate marketing Affiliate marketing involves marketing and promoting other peoples products in order to earn a small commission on the sale of products that you manage to direct people to buy. You can promote products without having to manage the sales …
10 Things You Don’t Know about Money
You use money every day, yet you know very little about how to use it effectively! It should be no surprise that rich successful people spent the time and effort to learn about money. They do this without the benefit of a formal class or education. How do they do it? Simply said, they make an effort to learn about money. Here are 10 things you don’t know about money Credit cards are not evil – Too often I hear people complain or blame credit cards for their overspending. Credit cards are issued to adults and you have to handle them responsibly. In many …
Teaching Financial Literacy to Kids
Since this is National Financial Literacy Month, I thought I would start with a definition. “Financial Literacy is the ability to make informed judgments and effective decisions regarding the use and management of money”. Too many Americans are insufficiently educated about their personal finances.Why is it important and when should you learn it? Financial Literacy is a basic skill that is needed to function in society. Every person needs these skills to deal with financial problems, manage money and to make sound economic decisions…
What’s your Retirement IQ?
What is your retirement IQ? IQ is short for intelligence quotient! IQ testing was popular for many years because it was a way of assessing your intelligence and potential. Unfortunately, it also measured parental social status. It was used as a predictor of educational achievement, job performance, income and special needs. Saving for retirement does not take a high IQ or even much money. How is your retirement IQ? Savings – This is the first step to achieve your financial goals. Intellectually, we all know we need savings to achieve your goals, but it is difficult. I disagree; you …
What You Can Learn from Kids
I love to watch kids play! They are so willing to take chances and push boundaries. It is fascinating to watch how they seem to discover a toy or something for the first time. Have you ever watched a child interact with a dog? They will pet the dog and laugh. Then it goes further until the dog signals he/she has had enough. Children are naturally curious! Children are great sales people! If they want something, they stay after you until they get it. Is that being stubborn or tenacious? Good sales people…
3 Different Types of Bounce Rates You Should Know
Often we hear about bounce rate and how it affects our bottom line. For those of you NOT aware of bounce rate, here’s a quick definition from Google: “Bounce Rate is the percentage of single-page sessions (i.e. sessions in which the person left your site from the entrance page without interacting with the page).” A high bounce rate is NOT good for blogging because it shows people simply visit your website and leave without visiting any other page. Over the years, research has shown there are…
Can You Remove Yourself From Your Online Business?
And even if you could, do you want to? Before we dive into this question, let’s go back in time. Let’s go all the way back to 2006 when John discussed the notion of trading hours for dollars. By far the most conventional way to make money is with a traditional job. You go into work, you put in your hours and, in exchange, your employers pays you. In effect, you’ve traded hours of your life for a certain number of dollars. And while this is by far the most common way for most people to make money, it is an inherently flawed model. Aside from the issues related to …
3 New List Building Apps You Need To Check Out Now
Email marketing is a vital tool for increasing engagement and overall blog growth. No serious blogger will tell you that “email is dead” because ESP (email service providers) are coming up with new and creative ways to keep subscription counts high. There was a time that obtaining subscribers became more difficult and much of it had to do with the stigma surrounding email marketing. Spammers found creative ways to obtain email addresses and then started to bombard email accounts with junk. However, the value of a…
Creative Ways to Make Money Online with Instagram
With so many different ways to make money online and with the Internet changing with each passing day, it’s important to stay on top of new opportunities. As you make your way around the web, you’ll likely come across a number of articles and guides on Facebook marketing, for instance, and how you can tap into specific demographics for specific purposes in order to turn a profit. You might remember when I wrote about using Pinterest as a prime example. Another hugely popular social network with remarkably high interaction rates is Instagram. Yes, a lot of Instagram feeds are filled with selfies and foodporn, but it also represents the opportunity to make some money here. Here are a …
How To Choose the Right Business Web Hosting Provider
Compared to running a traditional brick-and-mortar business, the costs of launching and running an online business are considerably lower. You don’t have to pay “rent” in the traditional sense, you don’t have to worry about heat and water (aside from the basic utilities you’d be paying for anyway in your home), and there is practically no physical maintenance to speak of either. At the same time, you can’t possibly assume that your online business doesn’t need any infrastructure at all or that you don’t have to open your wallet in order to turn a profit. And one of…
Planning: Stage 3 of 6 on the Small Business Roadmap (FS102)
Stage 3 of the small business roadmap is one of my favorites. In fact, it’s the stage most of us start with even though skipping over stage 1 and stage 2 can be deadly to your idea. And as we dive right in here, many of us naturally resist doing some of the most eye-opening parts of this stage. (We get into what those parts are and how to do them in this episode.) The cost of…
Build: Stage 4 of 6 on the Small Business Roadmap (FS103)
Stage 4, the Build stage, is a big one. As Corbett puts it: “this stage is a monster and a lot of people get stuck here.” In this episode we talk you through each step so you can rise up when others start to sink. There’s a lot of fun stuff here — naming, website building, social media accounts. That stuff is exciting even when it gets challenging. But built into the 9 steps of Build is also some difficult tasks that won’t happen over night. Listen to this episode to get into the mindset of the big picture, avoiding the…
Money: Stage 5 of 6 on the Small Business Roadmap (FS104)
Now, in stage 5 of the small business roadmap, it’s time to get into the nitty gritty: can this business idea of yours actually make enough money to support you in a meaningful way? This is a stage most of us are not well prepared for, typically diving in without any knowledge of the metrics, the movements or the models. That’s what we break down for you into 7 steps in this conversation, taking you from “I made a dollar,” to your …
Scale: Stage 6 of 6 on the Small Business Roadmap (FS105)
In the sixth small business roadmap stage we explore the final question: how can we grow this business beyond ourselves and into greater impact in the world and wealth in the company? We dig into the 11 steps of Scale where the goal is to hone, discover and experiment towards a more scalable and sustainable business. To put it simply, this stage is about shifting from clawing out growth one handful at a time, to a business with one of those magical hockey stick growth charts. We also finish out this episode with reflections on key takeaways and what we learned in talking through this whole roadmap. Enjoy! (PS: If you’re not already, subscribe in itunes so you can …
The Eight Types of Relationships Every Entrepreneur Should Have
In 1974, Robin Dunbar earned his stripes as an anthropologist and evolutionary pscyhologist by completing work on his PhD from the University of Bristol, which was summarized in a paper entitled, Social Dynamics of Gelada Baboons. (Look those suckers up, they’re scary.) Dunbar’s research would go on to cover the evolution of communication and culture, social networks, and the social evolution of the human mind. But it was while studying the grooming habits of apes that he stumbled upon the single finding that would go on to fuel much of his career. There’s a fun little scientific concept called the Social Brain Hypothesis, which tells us…
Small Business Roadmap Revisited — 4 Updates Based on Your Feedback (FS106)
In the last 6 episodes we revealed the 6 stage small business roadmap. A stage by stage, step by step, 10,000 foot view of building a business. They weren’t the 6 stages your business will go through automatically. They were the 6 stages you want to go through so that you and your idea are best setup for success as you define it. The roadmap was immensely well received (you’ll find links to each episode below) and in this episode we cover two things: We answer the 4 common questions we heard from your comments. We reveal 4 updates we made to the roadmap based on your feedback. Take a listen to the episode, subscribe in itunes if you haven’t and…
Five Ways to Stand Out in a Sea of Noise
The odds are stacked against you. It’s true. I’m often amazed at how many people decide to try to build small businesses online, despite the odds. Maybe it’s naivete. Maybe it’s egotism. Maybe it’s bravery. Probably it’s a combination of all three. I think you need all three to succeed as an entrepreneur. Here’s how the odds are stacked against you: whatever space or niche or idea you decide to build your thing around, chances are there are hundreds or thousands of (or more) competitors out there already. All these other players create a sea of noise that means your voice simply won’t be heard, even if you have something decent to say. To…
The Nifty Guide to Local Content Strategy and Marketing
Posted by NiftyMarketing This is my Grandma. She helped raised me and I love her dearly. That chunky baby with the Gerber cheeks is me. The scarlet letter “A” means nothing… I hope. This is a rolled up newspaper. When I was growing up, I was the king of mischief and had a hard time following parental guidelines. To ensure the lessons she wanted me to learn “sunk in” my grandma would give me a soft whack…
Moz’s 2014 Annual Report
Posted by SarahBirdMoz has a tradition of sharing its financials (check out 2012 and 2013 for funzies). It’s an important part of TAGFEE.Why do we do it? Moz gets its strength from the community of marketers and entrepreneurs that support it. We celebrated 10 years of our community last October. In some ways, the purpose of this report is to give you an inside look into our company. It’s one of many lenses that tell the story of Moz.Yep. I know. It’s April. I’m not proud. Better late than never, right?I had a very long and extensive version of this post planned, something closer to last year’s extravaganza. I finally had to admit to myself that I was letting the perfect become the enemy of the good…
7 Days After Mobilegeddon: How Far Did the Sky Fall?
Posted by Dr-PeteEven clinging to the once towering bridge, the only thing Kayce could see was desert. Yesterday, San Francisco hummed with life, but now there was nothing but the hot hiss of the wind. Google’s Mobilegeddon blew out from Mountain View like Death’s last exhale, and for the first time since she regained consciousness, Kayce wondered if she was the last SEO left alive. We have a penchant for melodrama, and the blogosphere loves a conspiracy, but after weeks of speculation bordering on hysteria, it’s time to see…