dollars http://www.bizcovering.com/tags/dollars New posts about dollars Passive Income - Earn Money While You Eat, Sleep, and Travel: Property http://www.bizcovering.com/Investing/Passive-Income---Earn-Money-While-You-Eat-Sleep-and-Travel-Property.409041 There are two means of generating passive income through property. One is a little less passive and one is a more reliable stream of passive income. The first is buying and holding property. It may be land, it may be a house, it may be the house you're living in right now! Many times land can appreciate at $5000 - $10,000 dollars a year. Thats anywhere from $400-$1000 of passive income a month. This seems great but don't forget to factor in property tax you must pay, maintenance, repairs, bills and fees incurred from the property. Then the fees associated with selling the property.

Another great form of passive income attributed to owning property and real estate is renting. Owning property and renting is a great way to generate passive income. Make sure however that the renter is covering your full cost and then some. Don't forget to include any property tax you must pay, homeowners association fees, insurance, maintenance and bills. You don't want your passive income to turn into negative income.

Also keep in mind that many times owning a rental property can become less passive income and more active income, especially when the property is vacant. If you're constantly dealing with realtors, fees, months without anyone in the property, and bills it becomes more of a frustration. If this is the case, it might be a good idea to sell the property off if your primary goal is passive wealth.

Property is one of the most profitable forms of passive income, but can also become one of the most risky, expensive or even active forms of income, leaving you with less time and more frustration. Keep you're positive cash flow model in mind and factor in the amount of work for the amount of return. Is making a $200 profit a month worth dealing with 25 hours of frustration a month? No! That's why you want to create passive income, to generate wealth outside of your 9-5.

]]> Sun, 21 Dec 2008 02:58:32 PST Wall Street Scouting Report, Must Read for Investors http://www.bizcovering.com/Investing/Wall-Street-Scouting-Report-Must-Read-for-Investors.294077 Many US citizens have concerns about their retirement accounts, the housing market has declined, and Americans are losing billions of dollars a day. I will tell you when this will end.

Here are the facts:

  • 1 in 6 owe more than their home is worth.
  • Oil prices are tumbling down.
  • Problems are not just in the US, but worldwide.
  • We are giving 700 BILLION dollars to bail-out wall street! Do not rush this, make sure every situation goes well so the market does not explode again!

Important stocks to watch and hope they bounce back up. General Electric, Citigroup, Bank of America, General Motors and Morgan Stanley.

History can be important. In past years when the stock market went down to 8,000 points, it stopped dropping. Many investors believe the stock market will go right back up after it hits its low around 8,000 points. If you remember in the last year, the Dow Jones Industrial Average was 14,280.00 and that was a stock market high.

Keep your eye on a few stocks that are usually strong but are now only hanging in there. General Electric (GE) is around 20 dollars a share. After the stock market hits the low of 8,000. Buy, Buy, Buy! The government will fix this problem in a few days and everything will go back up! So make sure you know what to buy and don't buy stocks just because they are cheap. Smart investments make smart investors.

Wild Ride on Wall Street // Traders at the Frankfurt stock exchange (© Kai Pfaffenback/Reuters)
Image source: msn.com

]]> Sun, 12 Oct 2008 05:13:08 PST The Power of the Bucks http://www.bizcovering.com/Major-Companies/The-Power-of-the-Bucks.235519 As an investor, you may have watched Jim Cramer slaughter Starbucks© stock just after it showed three months of consistent, plummeting performance. Since November of '06, Starbucks© has continued to drop reaching a staggeringly poor 20 dollar trading mark from the commanding 35 that it held just last year. This fact aught to do one thing for every investor interested in making a profit: set up flags to buy, buy, buy!

Every Starbucks© patron knows that Starbucks© has a quality roasted bean selection in every flavor that a coffee drinker may like and uses a significant portion of their investment budget as well a portion of their profits to develop third world countries yielding cocoa beans. Between mild, smooth, dark and medium roasts, Starbucks© brews up a selection of over twenty-five unique blends for the enjoyment of patrons with a wide variety of tastes. Breakfast Blend, French Roast, Shade Grown, and the ever classic House Blend encompass only a fraction of the entire coffee profile available at Starbucks.

Credited to the Indian, African, South American and Philippine soils, proceeds from any of the roasts available for you to enjoy go back to the cultures that they were harvested from: Starbucks has among the most efficient Fair Trade programs in the corporate world allowing the highest sold American coffee prices to be directly applied to the cost of the foreign grown coffee. In addition to this, Starbucks offers their employees opportunities to study coffee production abroad in many of the countries that house coffee bean production facilities. Given the long-lasting name, the plethora of tasty blends and a reinvestment program that directly benefits the countries doing the majority of the hard labor for coffee production, this company is a winner in the long haul all around the globe.

]]> Sun, 31 Aug 2008 03:38:48 PST How to Make Money Without Even Trying http://www.bizcovering.com/Opportunities/How-to-Make-Money-Without-Even-Trying.112051 Tired of planning ahead and of careful budgeting? Scarcely making ends meet monthly and can't keep up with endless credit card repayments? Or are the red letters stacking up? Then let's generate income without having to work for it.

As competitive markets in world economy gradually become fiercer, finding all possible means of destroying their respective competitors, you'll find that your pockets are gradually tightening up, not breathing freely anymore. There isn't any more time for abundance on frivolity, luxurious items or simply buying what you want to for no reason at all. You may have to hold out on that beige Victorian bath or the hovering paper-shredder with in-built mp3 player.

Current inflation rates at 2.5%, job-cuts and food prices sky rocketing on a daily basis greatly contribute to our everyday juggling, to a more financially restrictive lifestyle in respect to previous years; as Mervyn King (governor of the Bank of England) has said in his recent speech “Serious thinking and a willingness to contemplate radical changes are necessary”. He also said other things of a similar nature. Therefore, either adapting to or changing with the current economy becomes crucial in order to survive.

Plants need water, oxygen and light; Machines need electricity in order to function; the modern human being needs a reclining hydraulics-chair, motorized, with embedded dvd-player, internet access and optional Dictaphone. Some even spot the signs of a recession early, ready to retire to their underground bunkers where SPAM and other canned goods are plenty stocked. It won't be long before we'll be eating our dog's food, or dog food or indeed our dog. It may well make for grim times ahead.

Thankfully enough, due to extensive research and the powers of investigative journalism, there are ways which allow us to escape the rigid and cold reality of having to work all our lives for little money, like the slippery weasels that we are. No longer working to repay a mortgage which we will certainly not benefit from (i.e. death) or writing a cheque signed “You see what I did there”. We will work together on things you could do to drastically improve your net income without having to work hard at it, and generating much more money than if you were.

The first thing is having rich parentage. This of course ensures that some of the wealth is distributed accordingly. This guarantees you money without having to move very much. Failing that, you could try applying for Government funding for a project which is based on "Ethnic Integration in modern society" or similarly entitled, this almost always guarantees funding from local Governments; should Government employees enquire about said project simply reply "The previous occupant has moved, I am just a tenant". Use some adequate apparel, such as a blonde wig or a colourful apron, should the authorities ever make a visit.

Another sure way to get large amounts of cash is sponsorship. Of course, with the advent of the internet this could also involve very little work, especially when instructing children to copy and paste text. For instance, post your proposal of a sponsored event in forums or newsgroups, widely frequented websites are also hugely profitable. An example of a good sponsored event is "Non-broadcastable and undocumented walking race": it will draw enough attention because it sounds interesting, yet people will not demand to see it.

These are some simple and fun ideas on how to make money fast without hard-work. Remember: Keep it fun-tastic! Some may work for you; some will simply be as futile as just sitting down reading this article. But one thing is certain: you will have had bundles of fun in the process, almost as much as I have had in making a profit from you reading this article.

Tricked you: now go and work so I can earn some money.

]]> Mon, 21 Apr 2008 05:14:21 PST 10 Ways Small Businesses Can Compete with the the Businesses http://www.bizcovering.com/Business/10-Ways-Small-Businesses-Can-Compete-with-the-the-Businesses.80267

  • Provide exceptional to your customer:

    Every customer should be treated as the best customer. As a small business owner, you should only concentrate on small details and make all your client important, give hearing hear to every suggestion given, answer all phone calls as important calls.

  • Give out Rewards to your existing customers:

    Always strengthen the loyalty of your existing customers by developing loyalty programs or rewards design to increase your customer satisfaction and loyalty too.

  • Please collaborate with other similar businesses:

    Combine or merge with other small businesses to form a stronger cluster which can act as one business to rival other bigger businesses.

  • Don't ignore loss products:

    A loss product is a product on which you lose money and at the same time you also generate sales of other products in your mix.

  • Have a focus:

    You can compete with big business owners by carry extensive items in one or two product areas. Specialize or focus on a narrow, deep but profitable niche.

  • Employee's satisfaction is also necessary:

    Give an Undivided attention to your employees needs and treat them right. Treating employees very fairly is much more crucial for small business owners.

  • Adapts to technology:

    Now is the time of advance technology and is affordable to every small and large scale business operators. This would provide the necessary tools needed and power for small business like you to compete with the bigger ones.

  • Show your professionalism:

    First impression is very vital when competing with bigger businesses. Your image is crucial in winning the trust of potential customers and retaining the ones that you have at present. Professionalism should be seen in every aspect of your business.

  • Tell them that you product is Unique:

    people are often attracted to the idea of getting something unique from a smaller, independently owned business, but are used to the larger selection a chain store can offer.

  • Be creative and committed:

    You must be more agile, creative and committed. Make your store stand out by giving it inviting characters. Be prayerful and God will do the rest for you.
    • ]]>     Tue, 05 Feb 2008 04:48:09 PST     Richest People in the World http://www.bizcovering.com/Business-and-Society/Richest-People-in-the-World.58634 There are both poor and rich people in the United States of America. Some have up to $50 billion dollars, while some only have as little as 10ยข. I will also show you the most populated and least populated countries in the world. Want to know who the richest people in the world are? Want to know which countries are the richest? Want to know which countries are the most populated? Want to know which are the least populated? Then read below.

    Richest Countries in GNP per capita

    GNP per capita is the average income of the country's citizens

    1. Luxembourg - $56,380
    2. Norway - $51,810
    3. Switzerland - $49,600
    4. United States - $41,440
    5. Denmark - $40,750
    6. Iceland - $37,920
    7. Japan - $37,050
    8. Sweden - $35,840
    9. Ireland - $34,310
    10. United Kingdom - $33,630

    Total money in the world - $46.513 trillion

    Richest People in the World in US Dollars

    Name, Net worth in billions, residence, race

    1. William Gates III (Bill Gates) - $56.0 - United States - American
    2. Warren Buffet - $52.0 - United States - American
    3. Carlos Slim Helu - $49.0 - Mexico - Mexican
    4. Ingvar Kamprad & family - $33.0 - Switzerland - Swedish
    5. Lakshmi Mittal - $32.0 - United Kingdom - Indian
    6. Sheldon Adelson - $26.5 - United States - American
    7. Bernard Arnault - $26.0 - France - French
    8. Amancio Ortega - $24.0 - Spain - Spanish
    9. Li Ka-shing - $23.0 - Hong Kong - Chinese
    10. David Thompson & family - $22.0 - Canada - Canadian

    Total money in the world - $46.513 trillion

    Most Populated Countries in the World

    Country, population

    1. China - 1,321,851,888
    2. India - 1,129,866,154
    3. United States - 301,139,947
    4. Indonesia - 234,693,997
    5. Brazil - 190,010,647
    6. Pakistan - 169,270,617
    7. Bangladesh - 150,488,339
    8. Russia - 141,377,752
    9. Nigeria - 135,031,164
    10. Japan - 127,467,972

    Total population - 6,630,989,288

    Least Populated Countries in the World

    Country, population

    1. Tuvalu - 11,468
    2. Nauru - 12,809
    3. Palau - 20,016
    4. San Marino - 28,503
    5. Monaco - 32,270
    6. Liechtenstein - 33,436
    7. St. Kitt & Nevis - 38,836
    8. Antiqua & Barbuda - 68,320
    9. Dominica - 69,278
    10. Andorra - 69,865

    Total population - 6,630,989,288

    ]]>     Wed, 14 Nov 2007 11:08:28 PST