Posted by Annie's World | Posted in Scrapbooking Albums & Kits | Posted on
Tags: ideas, online, social, tools, web2.0
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Charlie Rose (October 4, 2000)
Sale Price: $1.99  |
Gone are the days where you work for one or two companies for your entire working life. And I say, thank goodness. With modern changes in culture and technology, we are given more choice as to what we are able to achieve in our lives. There is a lot to see on our planet and if we are stuck in our day jobs we never really get a chance to see it. The only way to achieve complete freedom is to make you wealthy by working smarter. If you follow some proven strategies, you will be able to get that freedom to do the things that you choose.
So how do you fire your boss? Well, you really have to start thinking outside the square here. You also must be ready for well meaning family and friends who will tell you that you are being stupid and a job is much more secure than becoming an investor. Don't listen to them. No one became wealthy from working in a job.
Depending on your current situation, you could well replace your income within one to three months by using a standard Share/Stock Market strategy that is only as risky as owning quality blue chip shares. Many people own a large portfolio of shares as it is, and they are happy to let them be. Another name for this is to buy, hold, and pray. You really could be working these shares much harder to supply you with a fantastic monthly income.
Let's say you do not own any shares, but you do own a property and have substantial equity in it ($100,000 plus). If you were to get a Line of Credit you could buy some quality shares (on advice from a reputable broker). Now comes the fun part. You want to quit your day job but you need to replace your income right?
Well, why don't you Rent the shares out? Just like a Landlord rents out a house or unit, if you own quality shares you can rent them out by the month. In the Stockbroking world this is called writing a Covered Call. Basically you can rent your shares out in lots of 1000 (in Australia, it's 100 in the US), and you receive a handsome premium for doing so. By doing this most months of the year you can get about 2.5-3% return a month. Now that adds up to about 30% return per year, which is great by anyone's standards.
A 3% return for the month is equal to about $3000, which you get the very day you rent them out. Imagine if you had $200 000 plus working for you, month in, month out. Can't imagine going back to work for a living, could you?
But isn't this risky you might ask? Well it has the exact same risk of owning quality shares and just holding on to them. The bonus is you get paid cash flow most months doing this. The humble Covered Call is the safest strategy in the Options market and it can be done by anyone. Online trading has made this even easier to do. If you are really risk adverse you can even insure your shares for what you paid for them, but that will have to wait for another time.
About the Author:
Clint Maher is an author and coach for helping others take hold of their financial future and turning their lives into something fantastic. Find out how we can help you at http://www.completewealtheducation.com
Article Source: ArticlesBase.com - Want To Fire Your Boss? Low Risk Share/Stock Strategy
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 Pebbles Inc 4x6 Journaling Cards Share Tell Baby Girl  US $4.25
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 Pebbles Inc 4x6 Journaling Cards Share Tell Baby Blue US $3.85
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 Pebbles Inc 4x6 Journaling Cards Share Tell Baby Pink US $3.85
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Contour Wearable Camcorder (Black)
Sale Price: $349.50 |
DescriptionWear it, Shoot it, Share it... Think the world doesn't need more video? Wrong, it needs YOUR video, and VholdR (vee-holder) is the go-anywhere do-anything wearable camcorder that SHOOTS your life in motion... |
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Charlie Rose (October 4, 2000)
Sale Price: $1.99 |
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Charlie Rose (March 7, 2001)
Sale Price: $1.99 |
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Command Communications Comswitch 5500 3-Port Phone/Fax Modem Line Sharing Device
Sale Price: $197.95 |
Description- Command Communications 3 port fax switch- 3 Port device (2 ports are linked)- For use with devices such as telephones, answering machines, fax machines, modems, etc.- Automatic or semi-automatic modes- Distinctive ring detection- Caller ID and voicemail compatible- ADSL compatible (two 8K in-line microfilter phone filters are required, available from most consumer electronics stores)- Stays on the line during every call, listening for tone commands you send from the keypad of a telephone (you can talk for a few minutes, push three keys, and transfer the call to your fax machine to receive a document, all on the same call)- Remote message notification (every time a voice message, fax, or data transmission is received, the unit will automatically send a special tone to any desired local or long-distance phone number)CS5500 |
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D-Link DCS-1130 mydlink enabled Wireless N Fixed IP Network Camera with Built-In Microphone
List Price: |
DescriptionD-link DCS-1130 Network Camera DCS-1130 Surveillance & Network Cameras |
![Adobe Photoshop Elements & Premiere Elements 7 [OLD VERSION]](http://www.theredlily.com/media/images/i/51u-AI6q7VL._SL160_.jpg) |
Adobe Photoshop Elements & Premiere Elements 7 [OLD VERSION]
List Price: |
DescriptionAdobe Photoshop Elements and Premiere Elements Bundle v7.0 MINI BOX |
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Kindle Fire How-To Guide: Your Guide to Tips, Tricks, Free Books, and Startup
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DescriptionAmazonâs Kindle Fire is full of new whistles and bells as well as some great technology. This guide will take you step-by-step with all of the Kindle Fireâs features including setup, navigating each tab, play music and videos, read eBooks, and download and use apps... |
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Deal Me In: Twenty of the World'sTop Poker Players Share the Heartbreaking and Inspiring Stories of How They Turned Pro
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DescriptionThe Poker Legends in Their Own Words. Deal Me In proves that the next great poker champion could come from anywhere! Will it be from the urban neighborhoods of New Jersey (Ivey), Midwest home games (Hellmuth), sophisticated New York clubs (Lederer and Seidel), the UCLA PHD program (Ferguson), or the Internet (Durrr)? Although this is not a strategy book, it teaches more about poker than can be imagined... |
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Texas Hold'em Poker Strategy Secrets: 21 Experts Share Insider Tricks And Tips For Winning No Limit Tournaments And Online Games - Volume #1
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Description*** WARNING! THIS KINDLE TRIAL PRICE WILL BE INCREASING IN THE NEXT 24 HOURS! ***Texas Hold'em Poker Strategy Secrets: 21 Experts Share Insider Tricks And Tips For Winning No Limit Tournaments And Online Games - Volume #1 has been specifically edited and written to give you a comprehensive guide to advanced Texas Hold'em strategies in the shortest time possible... |
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Mac OS X Snow Leopard Family Pack (5-User)
Sale Price: $51.00 |
DescriptionApple Mac OS X v.10.6.3 Snow Leopard Family Pack MC574Z/A Other Operating Systems |
