The big brokerage houses steer you in the "most common" investment direction. That is, do what everyone else is doing - a kind of collectivism. What you need to know is that they are forced to do this by law. It's called the Prudent Man Rule.
Just another regulation to keep folks in wage slavery!
In a nutshell, STATISTICS. 60% of new businesses fail within their first five years.
My system applies the same diversification techniques used by stock investors to employment. Why specialize and bet the farm on one career? Instead you should have multiple income streams!
With my system, you are using assets, avoiding liabilities. You perform tasks that you were doing for free but now get paid for (searching, clicking links, watching videos). You are not spending tens of thousands on a college education that will be useless, obsolete, or outsourced. You combine practical entrepreneurship, with a frugal lifestyle, with a proven investment strategy!
My favorite income stream is selling covered calls. Did you know that over 75% of options expire worthless? That means I keep my option premium and can repeat the process all over again.
Unlike network marketing systems, you will earn income even if no one joins underneath you. And unlike the touts and come-ons all over the Internet, I document all my income streams.
I'm going to save you from $30,000 to $100,000 on this one.
The Internet is full of free learning tools - from online videos, to wikibooks, to PDF documents.
When your son or daughter goes off to university this fall, ask them to do a little research. Have them find out what on-line course management system they will be required to use. It will probably be Blackboard (a monopoly since they bought out Web CT).
Why is this important? Because Blackboard charges colleges anywhere from $10,000 to $100,000+ to license their platform. Blackboard's stock has nearly doubled since November 2008.
But here is the real kick in the pants - a free open source platform is available. It is called Moodle. I have taught at IU, Purdue, and Ivy Tech, and when I ask about this alternative, they all have the same answer - Moodle needs a full time, PHP developer to run it in house. As the Moodle site points out, this is a complete myth.
For a larger view, click the picture once, and then click the picture a second time. Mouse over and you should be able to enlarge one more time.
An ecommerce class at a community college will run you over $300! And the textbook will be very general in nature - giving you no specific tips/tricks. So I'm going with GROVO and getting certified for nothing. GROVO offers thousands of video lessons covering Internet products you love or need to know about.
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