July 27, 2009
HYIP Payment Proof
8:39 AM | 
Posted by
db
Well, my HYIP through Onis Group matured, and I made back my initial $50 deposit, and am left with a balance of $24.84. I have re-invested this balance and am officially playing with house money. I also was able to get proof of payment when I requested a withdrawal of my initial $50 deposit. Have a look.
In addition, I should be receiving another $50 check for credit card rewards within the next few days. I have taken my current $50 balance and invested it in Genius Funds which is another HYIP I am investigating. We will compare the rate of return after another 30 days.
As for Lending Club, it appears the payout is broken up into payments strewn from now until June 2013. I currently have my money locked up there and cannot get it out very easily. This fact alone makes me want to not recommend this institution be used for investment potential.
Other than that, my finances are completely out of whack. I have no idea what has happened, but all in all I still have my head above water. I am nearly finished with the first draft of my book, and am ready to start seriously shopping it around. We will have to see how the rest of the year goes.
In addition, I should be receiving another $50 check for credit card rewards within the next few days. I have taken my current $50 balance and invested it in Genius Funds which is another HYIP I am investigating. We will compare the rate of return after another 30 days.
As for Lending Club, it appears the payout is broken up into payments strewn from now until June 2013. I currently have my money locked up there and cannot get it out very easily. This fact alone makes me want to not recommend this institution be used for investment potential.
Other than that, my finances are completely out of whack. I have no idea what has happened, but all in all I still have my head above water. I am nearly finished with the first draft of my book, and am ready to start seriously shopping it around. We will have to see how the rest of the year goes.
Labels:
July 22, 2009
Quick Note
11:43 AM |
Posted by
db
My first investment with Lending club is going to mature tomorrow. As well, my investment in the HYIP offered by Onis Group will mature on the 24th. This far I have made 1.2% interest in 30 days through Lending Club, and a 50% return during the same timeframe on the HYIP. I will definitely be letting you see the results of the payout if and when it happens on both accounts.
In other news:
I am nearing the completion of the first draft of my book. I have perhaps two more chapters ago. Of course I said this two chapters ago, but this time I mean it. I am not sure what I am going to do once I have the first draft done. I may set it down and not mess with it too much, but there are some things I would like to flesh out, so I may just make some notes and take an assessment of how much more time I will need to get a version ready for submission to publishers.
What I am finding is that the royalties are not going to be great. 20% of the profit margin on a book selling for $15 comes to about $2.25 give or take. It all depends on the cost to print and a slew of other variables. With this parameter in mind, I will need to sell 500,000 copies to make my million. Of course at this point I would be willing to settle for selling 750 copies if I choose and assisted publisher. This way I at least break even.
Aside from that, I am counting the days until the new baby arrives. This likely will mean I will be on hiatus for a while. We will have to see how much time I have over the next few weeks.
Until then, stay upright.
In other news:
I am nearing the completion of the first draft of my book. I have perhaps two more chapters ago. Of course I said this two chapters ago, but this time I mean it. I am not sure what I am going to do once I have the first draft done. I may set it down and not mess with it too much, but there are some things I would like to flesh out, so I may just make some notes and take an assessment of how much more time I will need to get a version ready for submission to publishers.
What I am finding is that the royalties are not going to be great. 20% of the profit margin on a book selling for $15 comes to about $2.25 give or take. It all depends on the cost to print and a slew of other variables. With this parameter in mind, I will need to sell 500,000 copies to make my million. Of course at this point I would be willing to settle for selling 750 copies if I choose and assisted publisher. This way I at least break even.
Aside from that, I am counting the days until the new baby arrives. This likely will mean I will be on hiatus for a while. We will have to see how much time I have over the next few weeks.
Until then, stay upright.
July 14, 2009
Poor Man's Retirement Plan
11:01 AM |
Posted by
db
I bought a Powerball ticket for the drawing tomorrow. I generally only play when the jackpot is over $100,000,000 but I figure I am in no position to be choosy. I wouldn't go so far as to say I have an unhealthy relationship with the lottery, but I have given my share of money to that system and usually chalk it up to a benevolent donation to Parks and Recreational services. Still, I am always hopeful, and I could do a lot with a meager $49,000,000.
You hear time and time again about how unprepared people are to win tons of money. There is case after case of lottery winners becoming broke again in no time. With this potential looming, it is always good to think about how to go about using a windfall of cash. It is the dream you get to have for your $1 bet, and I have dreamt about the day I would win the big money. What would I do with it?
Taking into consideration the state and federal taxes for taking the cash jackpot, and assuming the cash payout is $24,700,000 for this drawing, I would be written a check for $17,290,000. To keep the numbers easy to work with, let's assume the take home is a cool 18 million. I choose this number as I have always said I would break up my winning into three equal parts.
The first third would be spent on land, a house, out buildings, and greenhouses. Built from the ground up with no chemical substances, it would be entirely self sustaining. This way I could avoid the future monthly bills as much as possible. All I would have to come up with to survive would be the property taxes and insurance costs. Of course there would likely be some maintenance costs, but for the bulk of that 6 million, I plan on building a life that is cheap to maintain.
The second third would be spent. Electronics, automobiles, furniture, art, clothes, dental work, you name it. Anything that costs money above the cost of the house would be taken out of the second 6 million. At the same time, I would like to be able to keep perspective on future spending. I already have expensive tastes, and I would hope to think I could keep these tastes in check considering the limited amount of money involved.
Lastly, I would invest the final third. You may think it is odd that I have not set aside any money to give to family, friends, or other charities, and the simple explanation is this. I know too many people who are deserving. I know too many people I would want to help. I know too many people to be fair about who gets money, and for this reason I have decided that no one get's a dime.
This may sound harsh, but there is a reason for it. I want to take the final 6 million and give people the opportunity to change their own lives. I cannot simply hand over money and expect people to do the right thing with it. I have to go into contract with people to allow them the freedom to explore their own way of building a life for themselves through doing what they love to do as opposed to doing what they have to do.
This way, I am not dictating to them how I want them to be in return for the money. They dictate to me how they want to change their lives, and I provide the means to do so. Instead of giving them a lump sum of cash that they have to pay taxes on, I simply gift them a lifestyle more conducive to them achieving their life dream. Whatever that may be. This way they are more appreciative of what they get. They don't just get money, they get something priceless.
This way, I can help out many people at the same time. I don't simply burn through my money by giving it away. I get to use my money in small increments to allow it to grow while at the same time building a future for the people I care about. Certainly my life would be fast forwarded much more, but at least with this plan I get to put many people on the fast track and leave it up to them to succeed.
It would basically work like a bank offering 0% interest. If you want money, I loan it to you at 0%, no fees, and allow you to pay it back on your terms. If you wanted to buy a house, I would buy it and hold the deed until the loan was paid off. If you wanted to go to school, I would pay with no collateral. I would basically be investing in people, and relying on the belief that I would make good decisions regarding who I would let borrow.
Of course there may be some who feel jilted by this plan. There may be some who feel they deserve to be handed money for nothing. To these people I would say good luck. I don't have room in my life for buskers who have no interest in bettering themselves. Of course there would be some gifting here and there, but rarely would I make it a direct contribution.
Then, when all was said and done, I would try to open an animal shelter and donate a tithe on the money I make to children’s programs. There are two entities here in the United Stated I feel deserve donation. Animal and children are innocent and helpless in the face of the adults who impose their will upon them. I would like to alleviate as much pain as possible for those who have no power to do it themselves.
All in all there is one thing keeping me grounded as I conjure up dreams of a multi million dollar lifestyle. I am not certain fate has a plan for me that involves an easy way out. No matter how much I desire a toxin free life for my children, no matter how much I want a self sustaining lifestyle for myself, and no matter how much I want to see my friends become free to do what they love to do, none of this will come easy. These are all things I will have to fight tooth and nail to achieve.
I suppose I better get started.
You hear time and time again about how unprepared people are to win tons of money. There is case after case of lottery winners becoming broke again in no time. With this potential looming, it is always good to think about how to go about using a windfall of cash. It is the dream you get to have for your $1 bet, and I have dreamt about the day I would win the big money. What would I do with it?
Taking into consideration the state and federal taxes for taking the cash jackpot, and assuming the cash payout is $24,700,000 for this drawing, I would be written a check for $17,290,000. To keep the numbers easy to work with, let's assume the take home is a cool 18 million. I choose this number as I have always said I would break up my winning into three equal parts.
The first third would be spent on land, a house, out buildings, and greenhouses. Built from the ground up with no chemical substances, it would be entirely self sustaining. This way I could avoid the future monthly bills as much as possible. All I would have to come up with to survive would be the property taxes and insurance costs. Of course there would likely be some maintenance costs, but for the bulk of that 6 million, I plan on building a life that is cheap to maintain.
The second third would be spent. Electronics, automobiles, furniture, art, clothes, dental work, you name it. Anything that costs money above the cost of the house would be taken out of the second 6 million. At the same time, I would like to be able to keep perspective on future spending. I already have expensive tastes, and I would hope to think I could keep these tastes in check considering the limited amount of money involved.
Lastly, I would invest the final third. You may think it is odd that I have not set aside any money to give to family, friends, or other charities, and the simple explanation is this. I know too many people who are deserving. I know too many people I would want to help. I know too many people to be fair about who gets money, and for this reason I have decided that no one get's a dime.
This may sound harsh, but there is a reason for it. I want to take the final 6 million and give people the opportunity to change their own lives. I cannot simply hand over money and expect people to do the right thing with it. I have to go into contract with people to allow them the freedom to explore their own way of building a life for themselves through doing what they love to do as opposed to doing what they have to do.
This way, I am not dictating to them how I want them to be in return for the money. They dictate to me how they want to change their lives, and I provide the means to do so. Instead of giving them a lump sum of cash that they have to pay taxes on, I simply gift them a lifestyle more conducive to them achieving their life dream. Whatever that may be. This way they are more appreciative of what they get. They don't just get money, they get something priceless.
This way, I can help out many people at the same time. I don't simply burn through my money by giving it away. I get to use my money in small increments to allow it to grow while at the same time building a future for the people I care about. Certainly my life would be fast forwarded much more, but at least with this plan I get to put many people on the fast track and leave it up to them to succeed.
It would basically work like a bank offering 0% interest. If you want money, I loan it to you at 0%, no fees, and allow you to pay it back on your terms. If you wanted to buy a house, I would buy it and hold the deed until the loan was paid off. If you wanted to go to school, I would pay with no collateral. I would basically be investing in people, and relying on the belief that I would make good decisions regarding who I would let borrow.
Of course there may be some who feel jilted by this plan. There may be some who feel they deserve to be handed money for nothing. To these people I would say good luck. I don't have room in my life for buskers who have no interest in bettering themselves. Of course there would be some gifting here and there, but rarely would I make it a direct contribution.
Then, when all was said and done, I would try to open an animal shelter and donate a tithe on the money I make to children’s programs. There are two entities here in the United Stated I feel deserve donation. Animal and children are innocent and helpless in the face of the adults who impose their will upon them. I would like to alleviate as much pain as possible for those who have no power to do it themselves.
All in all there is one thing keeping me grounded as I conjure up dreams of a multi million dollar lifestyle. I am not certain fate has a plan for me that involves an easy way out. No matter how much I desire a toxin free life for my children, no matter how much I want a self sustaining lifestyle for myself, and no matter how much I want to see my friends become free to do what they love to do, none of this will come easy. These are all things I will have to fight tooth and nail to achieve.
I suppose I better get started.
July 10, 2009
Hope and Patience? I Need a Drink
1:15 PM |
Posted by
db
It has been a rough couple of weeks in terms of inspiration. I have not had very much to talk about regarding my million dollar goal as I have been distracted by many other obligations. I apologize to my readership for the lack of material, so today I will try to put together at least a little something to get you through the weekend.
The main issue I have been dealing with is my budget. Somehow the numbers got away from me. I was under the impression that my mid-year balance sheet was close to zero, but after a few days and some recalculation, I somehow got behind to the tune of $600. This is not to say I am financially strapped, but it does mean that somehow I need to make up the $600 I am missing from my Million Dollar fund.
This kind of issue has happened once before. Somehow I let myself get lackadaisical about spending, and then the budget falls into the negative. Then the bank adds on fees and penalties, and I am left in a bigger hole than I should have been in. Luckily I have reached a point where I exist on credit cards, so the only issue I face is one of possibly having to pay interest. Luckier still, I ham more on top of things than I have ever been and have not had to pay a single dollar in interest to either of my credit cards.
Aside from that, I have been spending a great deal of time trying to figure out how to get my book published. I currently have a proposal with Ghost Road Press but I have not heard any conformation from them to say they even received the proposal, let alone have they taken he time to crack it open. It is my first shot at trying to get a publishing contract, so to think I am going to get a shot after the first swing of the bat is an exercise in self delusion. Even still, I am confident tin the material enough to think it could happen.
I found two or three other publishers online who have showed interest in my completed manuscript, however, I am far from completing my manuscript, so I cannot submit anything for review. Instead, I am self publishing my chapters as I get them done on Maniac Press while at the same time trying to go back through the first draft to add notes and changes I want to make before I call the thing a complete manuscript.
I did, however, submit a sample chapter to a couple of editors and am glad to see that I do not make very many blatant mistakes. If nothing else, the writing is accurate.
As a back up plan, I have been investigating other publishing options. First there is LuLu. LuLu allows you to self publish a manuscript for free, then you receive a percentage of eBook or the Print on Demand manuscript sales. This is a great option for someone writing a short piece, but for me, I need something more robust.
Lulu does offer package deals where you can get professional editing, ISBN numbers, Editor Analysis, and other options, but the cost for some of these services is difficult to justify. Certainly their editing packages are better than all the others I have found, but even their most robust package does not appear very attractive in the face of spending $4499. That is a lot of money for no real marketing or distribution.
Another "Assisted Publishing" firm I found, iUniverse, appears to have a much better set of options. They may not offer any free elements like LuLu does, but they do offer things like Non-exclusive contracts, Worldwide Book Distribution, and a more robust marketing and distribution program. All of this for less than half the cost of LuLu's best program.
With this research in mind, I am contemplating the benefit of investing $1549 to $2099 in a publishing package from iUniverse. I could easily scrape that money together if need be, but I have not yet convinced myself that is the best use of my money. I am still clinging to the hope that Ghost Road Press will get back to me with something. Whatever criticism, I am in agony over the waiting. I want to know the true potential here before I spend a dime on false promises.
In the meantime, I am going to continue writing as often as I can. My other responsibilities don't really allow me a great deal of time to sit and hack away, but I need to get the first draft finished before I can even consider doing anything with it. I need to have a product before I try to sell it, and no amount of hope or research is going to do a bit of good. The only thing I can do at this point is write my arse off, and quit wasting so much time on other things.
Of course the wife, child, and pending baby are not things I can set aside. I just hope they can forgive me while my attention is placed elsewhere.
Other than that, I have been considering scrapping the blogs and websites in favor of something else. It was a good practice run for sure, but I do not like the outcome as much as I thought I would. I do not have a good style for blogging, and I do nothing to market myself or my sites. I don't like feeling like a whore, so I don't whore myself out. Unfortunately, that is the only way to gain a readership online, so there's that.
For the two of you still accepting feeds for this site, I thank you. I doubt I will be revamping anything other than the book any time soon, so as much as I think about renovation, it is all dreams at this point. Although I may order up a domain name one of these days. That is a pretty easy thing to take care of, I have just been lazy about it.
To wrap this up, I would like to address the investments side of things. The HYIP is performing better than I had hoped. I still have a couple of weeks before I will know if they are actually going to give my money back, but at this point I have earned 20% on my money in less than a month. Pretty darn good if you ask me. FapTurbo is still on hiatus, though I will likely get back into that whole deal eventually. I suppose it all depends on Ghost River Press.
I have put my million dollar fate in their hands.
The main issue I have been dealing with is my budget. Somehow the numbers got away from me. I was under the impression that my mid-year balance sheet was close to zero, but after a few days and some recalculation, I somehow got behind to the tune of $600. This is not to say I am financially strapped, but it does mean that somehow I need to make up the $600 I am missing from my Million Dollar fund.
This kind of issue has happened once before. Somehow I let myself get lackadaisical about spending, and then the budget falls into the negative. Then the bank adds on fees and penalties, and I am left in a bigger hole than I should have been in. Luckily I have reached a point where I exist on credit cards, so the only issue I face is one of possibly having to pay interest. Luckier still, I ham more on top of things than I have ever been and have not had to pay a single dollar in interest to either of my credit cards.
Aside from that, I have been spending a great deal of time trying to figure out how to get my book published. I currently have a proposal with Ghost Road Press but I have not heard any conformation from them to say they even received the proposal, let alone have they taken he time to crack it open. It is my first shot at trying to get a publishing contract, so to think I am going to get a shot after the first swing of the bat is an exercise in self delusion. Even still, I am confident tin the material enough to think it could happen.
I found two or three other publishers online who have showed interest in my completed manuscript, however, I am far from completing my manuscript, so I cannot submit anything for review. Instead, I am self publishing my chapters as I get them done on Maniac Press while at the same time trying to go back through the first draft to add notes and changes I want to make before I call the thing a complete manuscript.
I did, however, submit a sample chapter to a couple of editors and am glad to see that I do not make very many blatant mistakes. If nothing else, the writing is accurate.
As a back up plan, I have been investigating other publishing options. First there is LuLu. LuLu allows you to self publish a manuscript for free, then you receive a percentage of eBook or the Print on Demand manuscript sales. This is a great option for someone writing a short piece, but for me, I need something more robust.
Lulu does offer package deals where you can get professional editing, ISBN numbers, Editor Analysis, and other options, but the cost for some of these services is difficult to justify. Certainly their editing packages are better than all the others I have found, but even their most robust package does not appear very attractive in the face of spending $4499. That is a lot of money for no real marketing or distribution.
Another "Assisted Publishing" firm I found, iUniverse, appears to have a much better set of options. They may not offer any free elements like LuLu does, but they do offer things like Non-exclusive contracts, Worldwide Book Distribution, and a more robust marketing and distribution program. All of this for less than half the cost of LuLu's best program.
With this research in mind, I am contemplating the benefit of investing $1549 to $2099 in a publishing package from iUniverse. I could easily scrape that money together if need be, but I have not yet convinced myself that is the best use of my money. I am still clinging to the hope that Ghost Road Press will get back to me with something. Whatever criticism, I am in agony over the waiting. I want to know the true potential here before I spend a dime on false promises.
In the meantime, I am going to continue writing as often as I can. My other responsibilities don't really allow me a great deal of time to sit and hack away, but I need to get the first draft finished before I can even consider doing anything with it. I need to have a product before I try to sell it, and no amount of hope or research is going to do a bit of good. The only thing I can do at this point is write my arse off, and quit wasting so much time on other things.
Of course the wife, child, and pending baby are not things I can set aside. I just hope they can forgive me while my attention is placed elsewhere.
Other than that, I have been considering scrapping the blogs and websites in favor of something else. It was a good practice run for sure, but I do not like the outcome as much as I thought I would. I do not have a good style for blogging, and I do nothing to market myself or my sites. I don't like feeling like a whore, so I don't whore myself out. Unfortunately, that is the only way to gain a readership online, so there's that.
For the two of you still accepting feeds for this site, I thank you. I doubt I will be revamping anything other than the book any time soon, so as much as I think about renovation, it is all dreams at this point. Although I may order up a domain name one of these days. That is a pretty easy thing to take care of, I have just been lazy about it.
To wrap this up, I would like to address the investments side of things. The HYIP is performing better than I had hoped. I still have a couple of weeks before I will know if they are actually going to give my money back, but at this point I have earned 20% on my money in less than a month. Pretty darn good if you ask me. FapTurbo is still on hiatus, though I will likely get back into that whole deal eventually. I suppose it all depends on Ghost River Press.
I have put my million dollar fate in their hands.
June 29, 2009
Mid-Year Balance Sheet
12:49 PM |
Posted by
db
For most of my life I have broken even. No matter the trials and tribulations in any given year, when all is said and done I look at my bottom line, and it hovers near zero every time. Recently I have started to look at my spending and budgets whenever there is an upheaval, but I have also begun to look at things on a quarterly basis. We are one day away from half of the year being done, so last night I took a look at the 2009 balance sheet.
It appears I am actually a little behind, but not so much that I am stressing. The resulting calculation for the money I owe on credit cards versus the money I have liquid, I am behind by a little less than $25. I am pretty happy to say I can carry that debt into July without blinking an eye. Especially given the fact that my only outstanding loans are the mortgage and the car loan. Everything else is paid for, and I am ahead on most of my bills. Given my style of budgeting, I can make up $25 in no time at all.
Keep in mind, this is not counting the $1422.24 I have in the million dollar savings account. I am actually way ahead of the game in realistic terms. It also doesn't reflect the other monies I have coming in or have invested in my trial schemes. I should have another $150 or so coming from the cancellation of my old car insurance, and there should be an extra paycheck coming in October. Hopefully nothing crops up to bite me in the meantime, though I did a better job this year of preparing for the unexpected.
Good vibes.
I was also pleasantly surprised to see the HYIP I am invested in doing fairly well. It is averaging 1.22% return daily, which is 365 times more lucrative than my savings account. I am still not confident enough to throw a lot of money in that direction, but I do have a plan. Once I make back my initial investment, I am going to re-invest the money I made and let it ride for as long as I continue to feel all right about it. It is a gambling style. I will play with the house money indefinitely.
As for Lending Club, I am finally "in funding" for both $25 notes, which means I am making $0.02 per day. This percentage rate is still better than my savings account, but it is not nearly as good as the HYIP. It is impossible to calculate the risk involved for either investment, but they are both claiming high risk, though they are not equally presenting the same returns. I would imagine the risk involved is pretty similar, so the return should be.
I will have to see what transpires over the course of two or three investment cycles to gain a better idea of the actual risk to income ratio, but it doesn't look good for the Lending Club. I have a distinct feeling I will be transferring my funds out sooner than later to place it into a more lucrative endeavor. At any rate, I should have another $50 coming in from Credit Card Rewards to push into Genius Funds to see how that goes.
On a different tack, I looked into paid blogging sites. Paying Post denied my blog because it is a Blogger site and does not have its own DNS. Review Me denied my blog as I do not have enough subscribers. I am still pending a decision from Blogitive though I may have those last two switched. Once I get denied, I generally begin looking elsewhere for opportunities and don’t look back.
I also found a site called WBwso which I signed up for. Apparently they invest your money in websites and then promise to give you 0.63 percent return daily over the course of three years. It seems like a good idea when given the possibility to turn $100 into $100,000, but the caveat is that you have to leave the money alone for the entirety of the three year investment. Sounds good until you calculate what the same investment would make over the same timeframe through a HYIP. Try $62,800,000. Plus, with the HYIP, you get to take money out whenever you feel sketchy about it.
Still, putting $50 in that plan and letting it sit for three years doesn't seem like a horrible idea. It just doesn't seem like such a fantastic idea that I am going to go out and do it immediately. I suppose in the interest of diversifying my portfolio, I should look at all options, but as of today, no money is being set aside for that. With a little more research perhaps I will change my mind, or I may find something new.
All in all, I am excited to see what the remainder of 2009 will hold. If nothing else, I may not make my million dollars, but I am hopeful to have the plans and investments in place to see some serious changes in my financial future. I will continue to work hard at this every day, but most of all, I am having a lot of fun watching my money grow. I should have done this a long time ago.
It appears I am actually a little behind, but not so much that I am stressing. The resulting calculation for the money I owe on credit cards versus the money I have liquid, I am behind by a little less than $25. I am pretty happy to say I can carry that debt into July without blinking an eye. Especially given the fact that my only outstanding loans are the mortgage and the car loan. Everything else is paid for, and I am ahead on most of my bills. Given my style of budgeting, I can make up $25 in no time at all.
Keep in mind, this is not counting the $1422.24 I have in the million dollar savings account. I am actually way ahead of the game in realistic terms. It also doesn't reflect the other monies I have coming in or have invested in my trial schemes. I should have another $150 or so coming from the cancellation of my old car insurance, and there should be an extra paycheck coming in October. Hopefully nothing crops up to bite me in the meantime, though I did a better job this year of preparing for the unexpected.
Good vibes.
I was also pleasantly surprised to see the HYIP I am invested in doing fairly well. It is averaging 1.22% return daily, which is 365 times more lucrative than my savings account. I am still not confident enough to throw a lot of money in that direction, but I do have a plan. Once I make back my initial investment, I am going to re-invest the money I made and let it ride for as long as I continue to feel all right about it. It is a gambling style. I will play with the house money indefinitely.
As for Lending Club, I am finally "in funding" for both $25 notes, which means I am making $0.02 per day. This percentage rate is still better than my savings account, but it is not nearly as good as the HYIP. It is impossible to calculate the risk involved for either investment, but they are both claiming high risk, though they are not equally presenting the same returns. I would imagine the risk involved is pretty similar, so the return should be.
I will have to see what transpires over the course of two or three investment cycles to gain a better idea of the actual risk to income ratio, but it doesn't look good for the Lending Club. I have a distinct feeling I will be transferring my funds out sooner than later to place it into a more lucrative endeavor. At any rate, I should have another $50 coming in from Credit Card Rewards to push into Genius Funds to see how that goes.
On a different tack, I looked into paid blogging sites. Paying Post denied my blog because it is a Blogger site and does not have its own DNS. Review Me denied my blog as I do not have enough subscribers. I am still pending a decision from Blogitive though I may have those last two switched. Once I get denied, I generally begin looking elsewhere for opportunities and don’t look back.
I also found a site called WBwso which I signed up for. Apparently they invest your money in websites and then promise to give you 0.63 percent return daily over the course of three years. It seems like a good idea when given the possibility to turn $100 into $100,000, but the caveat is that you have to leave the money alone for the entirety of the three year investment. Sounds good until you calculate what the same investment would make over the same timeframe through a HYIP. Try $62,800,000. Plus, with the HYIP, you get to take money out whenever you feel sketchy about it.
Still, putting $50 in that plan and letting it sit for three years doesn't seem like a horrible idea. It just doesn't seem like such a fantastic idea that I am going to go out and do it immediately. I suppose in the interest of diversifying my portfolio, I should look at all options, but as of today, no money is being set aside for that. With a little more research perhaps I will change my mind, or I may find something new.
All in all, I am excited to see what the remainder of 2009 will hold. If nothing else, I may not make my million dollars, but I am hopeful to have the plans and investments in place to see some serious changes in my financial future. I will continue to work hard at this every day, but most of all, I am having a lot of fun watching my money grow. I should have done this a long time ago.
June 24, 2009
HYIP HYOP HYOORAY
1:40 PM |
Posted by
db
I was finally able to get money transferred into AlertPay in order to invest in a HYIP program I found through HYIP explorer. I was looking for a few criteria in choosing a HYIP other than their acceptance of AlertPay. I needed them to accept US funds, have a decent rating, and show a historical return of better than 300%. I was torn between Onis Group and Genius Funds, and settled on Onis for no other reason than their rating was a tad higher.
I had initially tried to go with Major Barter as their daily return promise was the best I could find, but after registering I never received email verification, and have not been able to log in. Major Issues there, so I recommend staying away from them.
With that, I signed up with Onis in only a minute, and deposited $50 at the highest possible risk allowed. Apparently my deposit is backed by silver, and I could nearly double the deposit after the 30 day investment. Stay tuned here for the results, and if you are thinking of signing up, please use my referral link. I will post this again in an advertisement section if indeed the promises follow through with results.
I am considering putting another $50 into a Genius Funds account given that their return on investment is insanely high. I do have to wait for more reward points to accrue first, so perhaps in another couple of months I will be able to wrangle the funds.
On the other investment front, the $50 I have in Lending Club has generated $0.01 in interest thus far after one day of being "in funding". I should be paid out on this investment as of July 23, so again, stay tuned for the results there.
Aside from all of this, I got my computer back up and running, and should have Fap Turbo reinstalled this week. I likely will not attempt to do anything with that until late Sunday, so I will not have any sort of update until then. All in all, if the HYIP investments work out, I may prefer to go with their system more so than my own, and if that is the case, I may simply have to eat that $129. That is, unless someone out there wants to buy my copy from me. I will offer it up for $50.
Lastly, I have discovered that my options for investing my child’s money is very limited. I counted out her quarters last night, and she has just over $210 thus far. Ideally I want to be able to set aside $10 a month per child starting as soon as possible, but I am not sure where to put that money yet. I may have to lump it in with my current savings account, or else I will simply open up yet another account and go from there.
I only wish legislation in America would catch up. We are spending trillions of dollars a minute on so many other crappy things, why don't we spend a few billion more on the future of our children? I suppose there is no money to be made on children unless you are using them as slave labor, or harvesting their organs. Back to the traditional investment strategies for now.
On a final note, my personal finances which once were strewn about are now coming back into focus. I have just enough time to get things back together before the baby comes only to watch it all go haywire again I'm sure. Nonetheless, I should just about break even for the first half of 2009, and if I can break even again after the second half of the year then I know I am doing everything right. I say this only because breaking even for me means I still have my million dollar fund in tact and I am carrying no debt other than the house and the car.
We will see how that works out I'm sure. Of course if any of you out there want to donate to the cause, I am still very much accepting any amount with gratitude.
I had initially tried to go with Major Barter as their daily return promise was the best I could find, but after registering I never received email verification, and have not been able to log in. Major Issues there, so I recommend staying away from them.
With that, I signed up with Onis in only a minute, and deposited $50 at the highest possible risk allowed. Apparently my deposit is backed by silver, and I could nearly double the deposit after the 30 day investment. Stay tuned here for the results, and if you are thinking of signing up, please use my referral link. I will post this again in an advertisement section if indeed the promises follow through with results.
I am considering putting another $50 into a Genius Funds account given that their return on investment is insanely high. I do have to wait for more reward points to accrue first, so perhaps in another couple of months I will be able to wrangle the funds.
On the other investment front, the $50 I have in Lending Club has generated $0.01 in interest thus far after one day of being "in funding". I should be paid out on this investment as of July 23, so again, stay tuned for the results there.
Aside from all of this, I got my computer back up and running, and should have Fap Turbo reinstalled this week. I likely will not attempt to do anything with that until late Sunday, so I will not have any sort of update until then. All in all, if the HYIP investments work out, I may prefer to go with their system more so than my own, and if that is the case, I may simply have to eat that $129. That is, unless someone out there wants to buy my copy from me. I will offer it up for $50.
Lastly, I have discovered that my options for investing my child’s money is very limited. I counted out her quarters last night, and she has just over $210 thus far. Ideally I want to be able to set aside $10 a month per child starting as soon as possible, but I am not sure where to put that money yet. I may have to lump it in with my current savings account, or else I will simply open up yet another account and go from there.
I only wish legislation in America would catch up. We are spending trillions of dollars a minute on so many other crappy things, why don't we spend a few billion more on the future of our children? I suppose there is no money to be made on children unless you are using them as slave labor, or harvesting their organs. Back to the traditional investment strategies for now.
On a final note, my personal finances which once were strewn about are now coming back into focus. I have just enough time to get things back together before the baby comes only to watch it all go haywire again I'm sure. Nonetheless, I should just about break even for the first half of 2009, and if I can break even again after the second half of the year then I know I am doing everything right. I say this only because breaking even for me means I still have my million dollar fund in tact and I am carrying no debt other than the house and the car.
We will see how that works out I'm sure. Of course if any of you out there want to donate to the cause, I am still very much accepting any amount with gratitude.
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