Finandom dot Com

Next week, my blog, Journey To Financial Freedom will proudly host Carnival of Deb Reduction. If you have any great articles, you can submit by email me at carnival (at) finandom (dot) com where replace (at) with @ and (dot) with . You also can submit through a simple form at this site. I can’t wait to read your articles and post them here.

Announcement Carnival

Liz Pulliam Weston from MSN Money wrote another great article for MSN Money and also for us. Her article, “4 Real Jobs that you can do from home” is really a great article to read if you want to start a home base business or building your income from home. Here is the first job that she recommends to us:

“Online auctions
The largest online auction site, eBay says 724,000 of its 72 million users are “professional sellers” who report the site is a primary or secondary source of income. Another 1.5 million say they supplement their incomes with eBay sales.

Barb Webb of Newnan, Ga., outside Atlanta, started her online auction career a few years ago by selling household items she otherwise would have put in a garage sale. The former corporate executive branched out by looking for bargains at local retailers and then auctioning them off for a profit on the site. In her best year, she cleared over $10,000 — not enough to live on, perhaps, but not bad as a part-time job squeezed in between activities for her three kids, now ages 3, 5 and 16.

Auction sites have “how to” sections to familiarize beginners with the selling process, and a little research can help you determine the best way to market your offerings, said Webb, author of “The Mom’s Guide to Earning and Saving Thousands on the Internet.”

Sellers also need to be mindful of their reputations, since bad feedback from buyers can hurt future sales, she said. Staying organized, using truthful descriptions and shipping items promptly are essentially to a profitable auction business.

Webb also advises newbies to start slowly, particularly if they’re buying items with the intent to sell them at auction (rather than selling off what they already own). It can be easy to misjudge what people will want to buy, she said, while listing costs, the site’s commissions and buyers who don’t pay can eat into profits.

“The best way is to bank some (profits) and then reinvest some,” Webb said.”

Yeah, Liz Pulliam Weston is right. Starting an auction business in Ebay really a great idea as a part time job or business. One of my friend really make some profits from Ebay. I never try Ebay before, but what I learn from my friend is Ebay does have its potential for us to make money. The only problem is we must know the tricks on this because now the market trend is change, according to my friend.

Source : MSN Money

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Ways To Make More Money

Here is an interesting news that I read just now, it is regarding a survey about how much people spend on Valentine’s Day.

“The Cost Of Love Increases - Valentine’s Day

 It’s costing more to show your love according to the National Retail Federation (NRF) 2006 Valentine’s Day Survey. The average American will spend over $100 ($100.89) this February 14, up from $97.27 last year. Well over half (60.9%) of consumers are going to celebrate with total spending is expected to reach $13.70 billion, up over $500 million from 2005.

Men will spend nearly double what women spend on the holiday ($135.67 versus $68.64) and will be purchasing less flowers (52.3% vs. 57.8% in 2005) and more jewelry (22.4% vs. 18.1% in 2005) this year.

62% of consumers will purchase at least one greeting cards for the holiday, with 47.1% buying candy and 42.1% enjoying an evening out with their sweetheart. Other popular gifts include flowers (32.9%), jewelry (14.6%) and gift cards/gift certificates (10.9%).

As would be expected, the bulk of each person’s Valentine’s Day budget goes to buying a gift for their significant other, with the average person planning to spend $64.63. Consumers also plan to spend $20.74 on other family members, $5.06 on friends, $3.52 on children’s classmates and teachers, and $2.56 on co-workers. An additional $4.38 will be spent on other people, such as neighbors and babysitters.

Middle-aged consumers will (aged 45-54) will spend the most at $128.78 each, up from $118.11 in 2005 and considerably higher than the $88.96 the group spent in 2004. Young adults 18-24 will spend $81.89 this year, having drastically cut-back their Valentine’s Day spending the past two years ($83.50 in 2005 and $154.65 in 2004).

More Valentine’s Day facts:

Consumers purchased an estimated 180 million roses for Valentine’s Day in 2005 with 74 percent of rose purchases for Valentine’s Day being made by men, according to the Society of American Florists.

Valentine’s Day is the third most popular card-sending holiday behind Christmas and Father’s Day, according to the National Retail Federation.

More than 36 million heart-shaped boxes of chocolate will be sold for Valentine’s Day, according to the National Confectioner’s Association.”

It cost you more to show your love! Nowadays everything cost you money. As everything going up in price, it is getting expensive to show your love. Personally, I’m still single and I think it is time for me to learn some skill to make my own gifts for my girlfriend. I think this going to save me a lot in long terms. J

Source : SavingAdvice.com

　　

Uncategorized Financial Planning

This is the chapter 5 for my series “Ways to Invest when you have $100,000?” In chapter 5, I will share with you my First suggestion of aggressive ways to invest your $100,000. This is the part 1 for this Chapter.

PS: What is aggressive ways? Aggressive ways to invest is a way to invest your money in those high risk investments that can bring super growth and returns to you. However, what I discuss here is just some kind of sharing and inspiration. Please do your research before invest in aggressive investment.

Suggestion 1: Foreign Exchange Market or FOREX

Foreign Exchange Market or FOREX is one kind of investment that involve country currency. It is a kind of international investment tools.

Forex Investment is an international investment. Normally the activities is hot in U.S., London and Asia Market.

If you want to invest in Forex, you must learn the technique to invest it and keep updates with the international news. One news can make the market change trend and act on the other way.

In reality, Forex is lower risk than stocks. Average daily fluctuate rate is only 1% - 2%, sometimes it will hit 5% if any big events happen to the international market. If know how to invest Forex, it can easily take back 20% to 30% of returns to you.

PS : Invest in Forex is not that easy compare to other investment. You must prepare yourself to keep on learning. But one thing I believe is once you know how to invest in Forex, you can duplicate your wealth easy than ever. Anyway I’m still learning how to invest forex.

Learn How to Invest Ways To Invest when you have $100,000?

Time past so fast, today is Monday for another week. This week, There are a lot of great and hot articles were being posted in this week carnival events in money blog. Another good news is this week, My Journey to financial freedom, is so proud to submit 3 articles to the carnivals. So here is the chart of carnival:

Announcement Carnival