Couch Potato Cash

Here are my multiple income streams. This is my philosophy of diversification. Not bet the farm on one profession for the rest of your life!

I've ordered them from highest paying to lowest paying.

  1. Own stocks which pay large dividends. Dividend payouts vary month to month, but are rarely under $200/month. Ticker symbols SLVO and USOI.
  2. Selling calls and puts. This income also varies month to month, but rarely below $70/month. Currently selling covered calls on BOIL, NIB, and SILJ.
  3. Swagbucks  Search the Internet. Get the daily code.  Move on to the passive playlist videos.   $12/month Amazon Gift Card or $25/2 months PayPal.
  4. App Trailers Use this smartphone app to do the daily free scratch off.  Also run the videos at the top (5 points but they run w/o user intervention).  $5/month PayPal.
  5.  STEEMIT (A social media platform that pays for up-voting other posts or authoring your own). Convert to bitcoin, then cash-out to USD.
  6. QMEE  Paid to search for products using Google, Yahoo, Amazon, and eBay. Get the browser plug-in. Fast payouts. No minimum for cash-out.   $2.00/month PayPal.

 


The Single Best Way to Earn FREE BITCOIN

Thanks to STEEMIT, I am finally able to monetize this blog (which I dedicated blood, sweat, and beer to). So this is my very last post on Typepad. What a long strange trip its been.

Freebtc
BTC Clicks takes up too much of your time.
The Bitmaker Phone App was great until it stopped working on my Android phone.
Mining was making me 1500 Satoshi per day then it dropped to 1100 Satoshi per day.
Faucets also take up too much time. I started doing them in March 2017.
Posting, commenting, and up-voting on STEEMIT is the best way to go by far. In just 2 months I have cashed out $4.52 USD and the screen shot below shows you my potential payouts and growth rate.

Steemsupply


Fixing The Economy IS Easy

Social Security
Means test benefits. If you made twice the median salary in your last 5 years of employment, you  get reduced benefits.
Eliminate the income limits. Why should you stop paying in just because you made more than $106,800? There are no income limits on medicare.

Revenues
Legalize and tax marijuana. That may be $40 billion to $100 billion in new revenue!
Legalize and tax sports betting. Although only 35 states currently allow "gaming", that number is sure to grow. Adding $50 million to a state budget will help to eliminate the need for federal dollars.

Economic Growth
A natural gas based economy. Get fleet vehicles and 18 wheelers running CNG. Get Detroit making those vehicles. And export LNG to other countries (USA natural gas is $2.76 but it can be liquified and sold much higher.

Homeless
Make shuttered schools into shelters. They have showers, gyms, bathrooms, cafeterias, computers, and plenty of room for beds. Laid off teachers can re-train these folks in the Cheapo Groovo system, which has no layoffs or outsourcing.


The Best Tax System

0%.

Did you know that we had no federal income tax until 1913 and no withholding until 1943. So what did we do until then to operate?

If we need a system, it should be a flat tax on all income (including passive income such as capital gains, dividends, MLP distributions, etc.). We could make the rate 35% but exempt the first 30K of income (the yellow line).

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Get Your Money Out Of Banks & How To Hide It

Banks are going to charge you to make deposits. Banks keep merging and closing so you have few local choices. And banks are giving states access to your safe deposit box to remove everything.

So keep your money where you can get it but thieves can't!

There are some bullet proof ways to hide things outside your home on your property so that your money is hidden safely from others. One method is called “cache tubes” (pronounced “cash-ay”). Using cache tubes involves getting some 6″ to 8″ PVC drain tubing several feet long, with two threaded end caps. Your stash can be placed in several plastic baggies, and then the end caps can be epoxied in place, or sealed with extreme pressure wheel bearing grease, both of which are also available at your local hardware store. Use a common pot hole digger to create a good hole to bury the tube. If you are burying money, make sure it is wrapped in layers of zip lock bags and throw in a silica pack from the inside of vitamin or supplement containers to avoid mildew or similar smells.

Another way might be to hide things in hollowed out legs of patio furniture, or metal garden furniture legs, or even the hollow legs of a child’s swingset, or fence post. Again, put your valuables in several layers of plastic baggies.

The kitchen has some of the most accessible, natural hiding spots. Take for instance a large flour bin; your goods could be hidden in baggies and buried deep within. Or take an old packaging from frozen food and place your goods in there, and then re-glue the box. Hide that deep in the bottom of your chest freezer.

If you have those sectional plastic shelves, you are in luck, as they have hollow parts as well which are perfect for hiding small items.

If you have some ducts, you could put things in them that are not sensitive to temperatures. Use a string tied to your valuables so that you can retrieve them.

Another trick is to hide the goods in a dummy VHS tape and labeled “Aunt Jean’s Wedding” or something to that effect.


The Best Sharing Economy Ideas

I like to make money on things I already do or already posses.

Being a glorified taxi driver (Lyft or Uber) doesn't do much for me!

 Why not just rent your bike, surfboard, or skis

Put up a tent in your backyard and rent it (great for cities that have lots of big events/concerts in the summer)

Folks always need tools, why not share them

And your car sits in the garage/driveway for at least 14 hours, rent it. RelayRides or Getaround


Get Cold Hard Cash and Help Your Fellow Man

  • Check out The Hair Trader if you are interested in selling your hair.
  • U can earn up to up to $135/month donating plasma. To find a blood bank near you to sell plasma, go here or here
  •  Call your local fertility clinic to inquire about selling eggs or sperm.

14 Ways to Preserve Food

  1. Try lining your refrigerator's crisper drawer with paper towels; they'll absorb excess moisture and keep your vegetables from rotting
  2. A bay leaf in a container of flour, pasta, or rice will repel bugs
  3. To make cottage cheese or sour cream last longer, turn the container upside down -- this creates a vacuum that inhibits the growth of bacteria
  4. If you're unsure of an egg's freshness, put it in a cup of water; fresh eggs sink, while bad ones float
  5. Store fresh herbs (washed and sealed in plastic bags) in your freezer. They'll stay fresh for a month and defrost instantly when you want to use them for cooking.
  6. Make limp celery, carrots and radishes crunchy again by placing them in a bowl of ice water with a slice of raw potato.
  7. Spread butter on the cut side of hard cheeses to keep them from drying out in the fridge.
  8. Put rice in your salt shaker to absorb condensation and keep salt from hardening.
  9. Store your butter in the freezer; it will keep fresh for up to six months.
  10. Corn should be refrigerated while still in the husk to stay fresh the longest.
  11. Citrus fruits can last up to two weeks right on the counter.
  12. Garlic and onions need to be stored in a dark, cool pantry, where they will stay fresh for up to four months.
  13. Berries keep the best when refrigerated unwashed in their original container.
  14. Asparagus should be stored upright in the refrigerator in a jar in an inch of water.

Camping / Living in a Prius

We moved to a tiny house in 2015 and got rid of the tent, portable toilet, and other camping gear. I thought we were done with primitive camping until I was inspired by the videos below.

Tried it out this past week (1 private campground and 2 national park campgrounds) and it has more benefits than costs! Little setup or tear-down. Bad weather like snow doesn't collapse the tent or freeze us all night long. Prius acts like a power generator. Music in the car does not affect the neighbors. Inspires others to think outside the box. Can arrive at your site later and can leave at checkout. And no worries like you have with an RV (fuel costs, tricky roads, grey water).

https://www.youtube.com/watch?v=89dqnJn3fUg
https://www.youtube.com/watch?v=W86B-6BHrJA


Alternatives to Trumpcare and Obamacare

Get insurance out of health care altogether, except for catastrophic, unanticipated injuries. After all, insurance is about managing risk. You wouldn’t have your car insurance pay for routine oil changes, or your homeowners insurance pay for a new coat of exterior paint on your house. The very idea is absurd from an economics perspective, cost-prohibitive, and goes against the very definition and purpose of insurance. Having one’s insurance pay for a routine tooth cleaning or simple physical checkup makes no more sense than having insurance pay for a new tires or a home termite inspection.

General Insurance Coverage:
Join a health care sharing ministry. These are voluntary, charitable membership organizations that agree to share medical bills among the membership. Samaritan Ministries, Christian Healthcare Ministries, and Christian Care Ministry. They operate entirely outside of Obamacare’s regulations, and typically offer benefits for about half the cost of similar health insurance. Members are also exempt from having to pay the tax for being uninsured.

Critical Illness Coverage:
Acts like an insurance policy if you have kidney failure, heart attack, stroke, etc. I'd get the highest benefit amount possible.http://www.ehealthinsurance.com/critical-illness-insurance

Accident Coverage:
You should max out your medical and uninsured/under-insured driver coverage amounts
under your auto insurance policy, which can pay medical bills if you are hurt in a car accident.

Concierge Medicine
Contact local doctors and see if they offer services for a monthly fee. In my area, $60 gets 24/7 access.


Governing Downside Economic Risk

A governor, or speed limiter, is a device used to measure and regulate the speed of a machine, such as an engine. I have taken that concept and applied it to finance. You put in place a governor that limits the speed at which you could potentially lose money.

Here is how I apply it:

  • I do not buy disposable products. Why throw money in the garbage?
  • I place stop loss orders for every stock/ETF I own at 4.5% below its cost basis. My upside is not capped but my downside is.
  • I use alternative income streams rather than bet everything on a single business venture.

A great way to get free products

Readers may want to check their local thrift stores. Near my town, a thrift store called Caring and Sharing offers volunteers $4 of store credit for each hour volunteered. You can accumulate hours to save up for the item you want.

The work entails placing donated items on shelves and putting a price sticker on them.

Looks like we will be getting a free crock pot!


9 Ways To Make Extra Money

  1. Cut grass.
  2. Hold a yard/garage sale. Nothing to sell? Use police/government auctions for merchandise to re-sell.
  3. Shovel snow.
  4. Baby sit http://www.sitters.com
  5. House sit http://www.housecarers.com
  6. Dog walk http://www.findadogwalker.com
  7. Become a school crossing guard or recces monitor.
  8. Beg. John Stossel went undercover & made $93 in one day. Or try it online @ http://www.cyberbeg.com
  9. Generate referral income. My cable company and my discount broker pay me to bring in new customers

FREE FRUIT

Run by so-called urban foragers, FallingFruit.org has an interactive map that shows where you can harvest your own fruit -- as well as herbs, nuts and vegetables -- from trees and plants that grow mostly on public lands. You can sort by location or fruit type. Then you can drill down to individual locations to see what type of fruit grows there, when it’s in season, and whether it’s on public or private land. You also can see reviews by other foragers and a street view image courtesy of Google.


Make Money Performing Human Intelligence Tasks

Work when it's convenient for you by signing up MTURK.COM. The website, run by Amazon.com, pays a few cents to a few dollars for small tasks that fulfill a larger job.

My strategy on Mechanical Turk is to perform the tasks that take the shortest time to complete - like a quick survey, or rating a video. I have already received $1.67 from filling in bonus surveys sent to me via email!


Automatic Investment Management – AIM

AIM is an investment method devised by the late Robert Lichello. This method is a proven way to take advantage of the inevitable market swings to enable us to ‘Buy Low / Sell High’.

Groundrules of how the AIM Strategy works:

  1. When starting with a lump sum, only invest 50% from the start.  If establishing a monthly investment plan, also split this allocation to 50% invested (after all, there’s a 50/50 chance the market will go up OR down tomorrow!)
  2. Utilize a cash account to maintain your investment reserves / gains, awaiting further investment (starting with the second 50% of your lump sum, and then including the proceeds from sales as well as 50% of any subsequent monthly investment.)
  3. Be prepared to sell a portion of the gains you have realized and deposit them into your cash account, per the AIM algorithm.
  4. Be prepared to buy some back with your reserved cash account when the stock declines.
  5. Set a routine period of time in which to analyze the markets direction, and take action.
  6. The algorithm is relatively simple.  It involves several key points:
    1. Portfolio Control:  Running total of your stock purchases (total initial purchase plus 1/2 of follow on purchases; however it is never deducted from in a sale) in order to keep a basis of where the portfolio should ‘aim’ to be.  This is the ‘governor’ of the system – it drives the initial assessments about buy and sell decisions. 
    2. Buy/Sell Advice:  Based upon the current Stock Amount (currently owned shares times current price) compared to the Portfolio Control figure.  When the Portfolio Control amount is larger than your current Stock Value, you will look to buying (the Market is down.)  When your current Stock Value is higher than your Portfolio Control, you will look to selling (the Market is up.)
    3. SAFE (Stock Adjustment Factor Equalizer):  10% of the Stock Amount – After you do the analysis in [b] above, you compare the results to your SAFE amount – you only pull the trigger on a sale or purchase for the amount of Buy/Sell Advice less SAFE; this controls you from selling or buying too prematurely.

TIP ME and I will email you the spreadsheet and a help file!


60+ Frugal Tips

  • Don't use the canned air method to clean keyboards - it's expensive. Plug in your hairdryer and blast away.
  • Candles last longer if you freeze them prior to burning.
  • Got an itchy mosquito bite, try rubbing soap on it.
  • Use scotch tape to pull out a splinter.
  • Wrap celery in aluminum foil then refrigerate. It will last for weeks.
  • Cut you S.O.S. pads in half – no more rusty, smelly pads.
  • To get a little more life out of worn out soles, try filling in the cracks and holes with hot glue.
  • Covering a pot with a lid reduces cooking time and energy use. For extra energy savings, be sure to match the pot size to the burner size.
  • If you’re shopping for appliances, check with the salesperson to see if there are any back room bargains. Sometimes a stove has a slight dent or a washing machine is scratched.
  • Use GoDaddy to register a domain name (web site).
  • Buy a battery tester and test “dead” batteries before tossing – lots of times its just one “dead” battery causing the trouble.
  • When your printer says your ink is low, pull out your cartridge and shake it to get another few days out of it.
  • White vinegar is a great cleaner.
  • Drying your disposable razors (blades) extends their life – just use a towel.
  • Why keep a porch light on for hours when you can buy a battery powered push light  and use rechargeable batteries?
  • Use a Faraday flashlight. The ones you shake to light up.
  • Increasing the deductibles on auto and home insurance can save hundreds of dollars on premiums.
  • Buy prescription eyeglasses at zennioptical.
  • To make your own miniature greenhouse, take an old egg carton; fill the individual sections with soil and seeds. Cover the top with a piece of plastic wrap. Before you know it, you will have the makings of a beautiful garden.
  • Wad up some tinfoil and use it in your dryer instead of chemical coated sheets to get rid of static cling.
  • "Feeder goldfish" cost less than 10 cents. Their food is around a $1 and lasts many months. One can use any type of glass bowl or antique canning jar to keep them in.
  • Use honey for lip balm before you go to bed.
  • Bring your own water bottle everywhere. Refill the water bottle at water fountains.
  • Camping Cooler - buy bottled water and freeze enough to fill your cooler. You won’t have to buy ice until four or five days into the event (when everyone else is making almost daily ice runs).
  • Take produce into your office and have a "Take Some and Leave a Quarter" cup next to them. Use proceeds to buy plants for next year.
  • If the A/C goes out in your car, try the $20 can of recharge from an auto parts.
  • Clean your windshield wipers with vinegar to extend the life of them.
  • Always stop at a local pawnshop when considering a new tool purchase, bicycles, vacuum cleaners, etc.
  • Slip those plastic grocery bags over your shoes when entering your garden, tie at the ankle. Keeps shoes nice and clean.
  • Bigger isn’t always better, buy only what you need if it is a perishable product.
  • Don’t bring the children shopping. You will accomplish the task quicker; you’ll avoid spending extra on stuff “seen on TV”.
  • Shop secondhand stores for toys.
  • Some fifteen states offer tax-free days or tax-free weekends, with most coming in August. That’s an automatic savings of at least five percent in most cases, so plan accordingly.
  • Consolidate your student loan.
  • Don’t use another bank’s ATM.
  • Kick the (fill in the blank) habit. If you stop using alcohol, tobacco, and junk food, you’ll save thousands your lifetime and probably live longer and healthier!
  • For cash gifts, consider a payment plan like 10 checks for $10 with each dated a different month.
  • Ask you dentist, doctor, and hair stylist for their old magazines – read recipes, cut out coupons – then recycle them.
  • Buy used eyeglass frames at thrift shops and then have new lenses made for you prescription.
  • Have your kids make a homemade kite.
  • Use local police auctions to get bikes, jewelry, cars, etc.
  • For urban dwellers taking public transportation, ask your employer for a transit check, a subsidy employers get for alleviating gridlock.
  • Use Styrofoam peanuts to re-fill a beanbag chair.
  • Place wanted signs (instead of for sale signs) on bulletin boards for furniture, cars, and other big ticket items.
  • Turn empty matchbooks into a portable sewing kit.
  • Your bed mattress will last longer if you “spin in the spring, flip in the fall”.
  • Bread tabs can be used to mark electrical cords at the outlet/power strip.
  • Remove shelves from a dead refrigerator and mount shelves in the garage/basement.
  • Use a wine cork to replace missing pot handles – attach with a screw.
  • A broccoli style rubber band makes a great jar opener.
  • Bubble wrap is great cushioning for people who must stand while on the job
  • Use garlic powder to keep the varmints out, It’s a wonderful natural plant protector.
  • Ask elderly relatives and neighbors who are unable to drive if they need a lift to the supermarket – they’ll offer to pay for your gas.
  • Check rent – to – own stores for cosmetically damaged or otherwise non rent-able items.
  • Call area attractions and ask if they have any “free to the public” events scheduled or regular “free admittance” times.
  • If you re a senior citizen, always ask about senior discount everywhere you travel, shop, eat, or lodge!
  • Check with local high schools that have shop classes. Often they sell wood scraps left over from student projects.
  • Inquire with dry cleaners about left items for sale.
  • Use mesh bags (the kind turkeys/onions/potatoes are packed in) as scouring pads.
  • To get something out of a heat register or under the fridge, add an empty paper towel roll to your vacuum. It can be bent or flattened to get in narrow openings.
  • Cut old bread bags in half and use the bottom half as sandwich bags.
  • Old hangers make good pegboard hooks.
  • If an envelope is over one ounce but under 2, you don’t need 2 first class stamps, have it weighed for exact postage.
  • Your dog will love “dead tennis balls” left at public tennis courts.
  • Serrated edges from aluminum foil boxes (or a wax paper boxes) can be made into picture frame hangers.
  • Save you old pickle jars and the liquid inside. Slice up cucumbers and re-pack. In four days – pickles!
  • Put a teaspoon or two of baking soda into the shoes before you wear them. Great odor eliminator
  • Use 100% cornstarch instead of Baby Powder