GE Portfolio Matrix

20 Ways to Generate Passive Income....$$$

If you're interested in making money but don't want to take a second job, you should consider making passive income. It's basically money you earn consistently without doing much or even anything at all. Of course, you do have to put in a lot of work in the beginning, but once you set up the passive income revenue stream, you can just sit back and enjoy the fruits of your labor without lifting a finger. Here are some ideas:

·         Write a book. Writing a book means you can earn money off of the sales once you've published it. You can always go the ebook option and self publish, or try to find a publishing house that will take you on.

·         Create an app. Create a smartphone app and earn money every time someone downloads it. You never know what will go viral and how quickly you can make money if your app's a hit. In fact, the silly iFart app even generated $30,000 in just one day.

·         Start a static blog. Spend some time building a website in an area that interests you and other people. Focus on topics that won't ever get dated ("how to" articles are pretty evergreen) that you know people will be searching for. Host ads on your site. Once you have some good content on your site, you can quit writing and make money off your old content.

·         Write articles online. You can make money if you get approved to be a writer for About.com. You'll get paid to write the articles in the first two years. After that, you'll be paid according to page views. Once you've put in the initial effort to write the article, you can just make money off of the views in years to come.

·         Create a YouTube video. Shoot a video for YouTube, and if your video becomes popular, you can run ads on it to make money. The amount you earn varies, but many people, such as Justin Bieber, have launched careers out of it, and popular YouTubers are making over six figures.

Read on for more.

·         Take beautiful photos. If you've got an eye and passion for photography, sell your photos to sites like Shutterstock — a place where amateur photographers can sell their photos. You'll earn a commission that ranges anywhere from 25 cents to $75 or more for every image downloaded. There are other similar sites like iStockphoto and Shutterfly, so be sure to do your research and pick one that works best for you.

·         Draw and design graphics. The photo websites also accept illustrations and graphics. You will still earn money for each download.

·         Make a t-shirt. Design a t-shirt for Threadless, and if your design is popular among the site's community, the company will use your designs for the next Threadless shirts. If your design is picked, you'll get $2,000, a $500 threadless voucher (which you can redeem for $200 cash), and another $500 every time your t-shirt is reprinted. You can also design and sell t-shirts as well as other products on sites like Zazzle and Cafe Press.

·         Sell insurance. If you sell insurance, you will not only make money when you've closed a deal, but some companies will also give you an additional commission when your customer renews his insurance.

·         Stock dividends. One of the more common ways to earn passive income is investing in stocks that pay high dividends. Here's a list of some dividend-paying stocks with high rates.

Source - ThinkStock

What is a Ponzi Scheme ???

Picture - Charles Ponzi —  (SourceBoston Public Library, Print Department)

In a Ponzi scheme, potential investors are wooed with promises of unusually large returns, usually attributed to the investment manager’s savvy, skill or some other secret sauce. The returns are repaid, at least for a time, out of new investors’ principal, not from profits. 

This can continue as long as new investors line up with cash, and old investors don’t try to withdraw too much of their money at once.

Ponzi schemes are also known as pyramid schemes, from the shape of any chart that reflects their basic premise — that ever-growing layers of new recruits are needed to provide gains to the smaller, earlier cohorts. A gigantic pyramid scheme virtually bankrupted Albania after the fall of Communism.

Ponzi schemes are named after Charles Ponzi (pictured above), the flamboyant con man whose scam followed a particularly spectacular course. Mr. Ponzi began telling New York investors in December 1919 that investments in foreign postage coupons could yield 50 percent returns in 45 days. By redeeming coupons bought cheaply overseas for much higher amounts in the United States, he could double their money in three months, he claimed.

Mr. Ponzi was a fast-talking immigrant and college dropout, and his scheme — according to Mitchell Zuckoff, Mr. Ponzi’s biographer — rested on the eagerness of ordinary working people to benefit from the wealth they saw being generated around them as the economy recovered from World War I.

Mr. Ponzi was convicted of mail fraud in 1920 and served time in federal and state prisons before he was deported to Italy in 1934, never having become a citizen. He died penniless in Rio de Janeiro in 1949 and was buried in a pauper’s cemetery there.

The $65 billion fraud that Bernard L. Madoff perpetrated has been called the largest Ponzi scheme in history. Though the magnitude, scale and details are different, Mr. Ponzi’s scheme and Mr. Madoff’s fraud each reflect their respective, super-heated financial eras.

Source - nytimes.com

Coca Cola Products

Proctor & Gamble Product Range

Proctor & Gamble Product Range

The Secret of Attracting Money.....!!!

What is the nature of money???

Why is it that only a handful of them have it all???

Why the majority struggle all their life and end up with just meeting ends even though having all the talent, knowledge and skills????

To get the answer these questions read the full article. And I am sure after reading this article you will gain something out of it.

Often the topic of money is not appreciated by the so called society. If some body talks about money all the time, people think that he is a 
greedy person.

My question to you is if u love a girl and think of her all the time, does that mean that you are a nympho maniac or does that mean you are just thinking about lust ???

The same way there is always a difference between love for money and greed for money.

There is no harm or sin in thinking about money, for it is just an idea. when you ll start having money in your thoughts and ideas , it will flow into your real life and make you prosperous and truely speaking it is a great pleasure and joy to think that you have lots of money and you are prosperous. :)

The more you become attached and obsessed with money the hard it becomes to manifest it, money flows into your life once you become detached to it.
 
The saying "it takes money to make money" is true, but not how you think. 
Money is attracted to money, but it doesn’t always have to be physical money that attracts money into your life.

Money is energy.

Everyone ought to be rich, there are many ways to be spiritual, and one of them includes money.

Money has been abused and misunderstood.

Money is not the root of evil.

So you may be asking yourself now, “Why don’t I have those things then?”

The fact is that, most likely, you don’t have those things because you haven’t let yourself be open to receiving them.

You have to begin to think and feel different in order to get something different.

It all starts with a vision of you being in a different life.

Now, it may be hard to imagine yourself with lots of cash if you’ve always had a problem with money.

But what if you begin to imagine what it would feel like if your neighbor had lots of cash? Or what would it feel like if your co-worker had more than enough money?

Sometimes it’s easier to imagine those kinds of things for others than it is for yourself, but what you end up doing for yourself is focusing on abundance.

And that’s the key secret…
By consistently focusing on abundance, you are consciously sending a command to your subconscious to start attracting abundance.

To Know more how on how create abundance and manifest your desires click on the below link.

http://hop.clickbank.net/?dedhia86/tsdc1129&x=moneymagnet

What is Claim Repudiation Ratio?

Insurers always play the game on Claim Settlement Ratio specially the King in the market boasts of having the undisputable claim settlement ratio.

Consumers are being convinced on this ratio by showing colorful numbers but the fact is one should buy an Insurance Policy based on the CLAIM REPUDIATION RATIO and not on CLAIM SETTLEMENT RATIO. Logic is as below.

Claim settlement ratio = No of Policy settled / No of Policies issued by the company 

AND

Claim Repudiation Ratio = No of Claims Rejected / No of Claims made

So as the insurance company grows automatically its Claim settlement ratio also improves.

But the fact remains that company has to be fair at the time of settleing the claim or it immensely affects its Claim Repudiation Ratio


Note – The information posted is issued in public interest and consumer awareness. Any individual or institution having any issues regarding the same can mail me at chintan.dedhia@live.com