Tips for a newbie investor

Tips for a newbie investor

Nowadays, leaving your money in a savings account is just not enough. People are searching for greater potential for growth and they usually find that through investment. Everyone can invest if their set their facts strait and know exactly what they are doing.

Before you begin investing, set your finances and time frame to know what you are getting yourself into. Current economic climate dictates low interest rates and inflation rising, and if your money is in a savings account you’re losing them, due to inflation beating the return on interest rates. You can beat the unfavorable economic climate with investment and better your financial situation in long term.


No investment is without risk. But, the greater the risk, the greater the potential for financial growth is. Get yourself informed before even considering investing your money, by understanding investment risk. Before you make the financial decisions, consider these steps and you’ll avoid most of the risk out there.


Financial goals

You have to have a clear goal, a clear picture of what you want to achieve by investing your money. Strategies for investing are different from a different standing point, so be sure if you are you just looking to grow your money, or you want to provide an income. Set the starting amount of money that you are comfortable to send, or project the minimum income that you’ll need as a result of your investment. Knowing how much you have, how much are you willing to spend and how much you expect to gain will help you to decide on how much risk you are willing take to reach your goals.

Time frame

You need to project the time you will need to achieve your financial and other goals. This projected time frame will help you chose the rates of return from your investments and will show you if your goals are realistic or not. You can also decide on time frame depending on your age. For short term goals of less than five years you better stick to cash savings. A medium term goals of five to ten years and long term goals of ten years and more make a suitable time frame, but if you are older, avoid investments with a larger time frame, because you will have less time to recover if things go south.


Risk attitude

Don’t let your attitude get in front of the numbers. Yes, it is natural to want the money to grow fast over a shorter period, and you may be tempted to invest riskier. But bare in mind that patience will bring you more, if you are willing to wait.


Affordable investing

You have to be very realistic on how much money you can afford to invest and rely on the numbers. Make good assessment of liabilities such as debts, as well as pension contributions, savings and living costs. Good assessment will show you to see how much to invest, because once you put that money aside, you should avoid access to that money for other purposes. If you’re not able to do good assessment, better ask for a financial advice.

Cut your cost with corporate housing than hotel stay in Texas

In the world of the travel industry, one usually has a number of options to choose from. From the hotel stays to condos to furnished corporate apartments, there are all the pros and cons of each one of them just after you decide the percentage of budget you are likely to spend on any of them. Only then, you would be able to live hassle and worry free. Let’s consider a few ways you could cut down on your costs one you opt to go for a furnished corporate apartment for your extended stay;

The foremost aspect to be considered is the amount of space that you would be able to utilize at the price that you are paying. While you might be spending a lot on a single, deluxe room or even suite-a corporate apartment still gives you ample space with your personal bedroom, lounge and kitchen and that too, based on fair charges.

Secondly, if you are on a relaxing or a business trip, hotels expect you to pay for the resort fee while the same services including high speed internet, business centers, fitness centers, swimming pool, daily news paper etc. are inclusive in your luxurious stay. These daily costs usually amount to $10 to $40 each day and would have an immense effect on your final bill payment.

In addition to that, hotel laundry services are usually operated through coins and you along with paying for your daily laundry, you will also have to go to the specific area every now and then. On the other hand, you have the washers and dryer installed in your apartment at your individual service or you could apply for the house keeping service if you wish to do so.

While corporate housing in Texas may tend to be highly customizable and special requests are likely to increase your costs of living too, but the comforts of living are sure to fulfill your passion for luxury in all ways. Moreover, you can also enjoy the opportunity to enjoy solitude in your beautiful private balcony or enjoy quality time with multiple occupants. This usually calls for additional money during hotel stays due to the number of occupants.

The corporate apartments are an even wise option since you have the fully furnished kitchen to your own self and you do not only have to rely on the hotel kitchen or nearby eat outs for even the mini snacks you could otherwise prepare in five minutes. Considering the high leisure budgets, this definitely calls for a lot of cost cutting.

Therefore, it is evident how a luxury apartment is likely to guarantee a tranquil and relaxing environment with an added opportunity to lessen your costs which could have been spent on excessive hotel bills. Its luxury, it worth spending money on and that too in a place like Texas.

Investing With Sports Betting – Important Points To Remember

Majority of the people who love gambling or taking chances are quickly turning to sports betting as a lucrative and exciting hobby. As a matter of fact, a good number of people engage in sports betting as a means of making money too. If you are planning on engaging in this form of betting, there are some vital points you need to keep in mind. These are discussed below. So, continue reading to find out more.

Top 4 mistakes people make while betting and how you can avoid them to become successful while betting:

i) Overreacting to a winning/losing streak

Risking too much money on one bet and completely deviating from the typical unit size is one of the common mistakes that inexperienced bettors make and end up being broke. While betting, use a flat betting strategy depending on the amount of risk you are willing to take. By increasing unit-size significantly, it will only be a matter of time before you start going on a losing streak. This is why it pays to exercise patience and employ a long-term outlook.

ii) Overreacting to Trends

If a team won five games previously, for instance, someone who is less experienced in betting will immediately assume the team is riding on a winning trend that will last indefinitely. If you analyze historical data, you will discover that such teams are greatly undervalued especially if start losing their matches. This is the main reason why bettors are strongly advised to buy when there is bad news then sell when there is good news. More often than not, bettors also use statistics and trends that may not apply directly to sports betting. This is also encouraged for those who wish to be successful while placing bets. The strategy works most times.

iii) Betting Against Public Opinion

Make it a point of betting against a team receiving most wagers. It is quite common for fans to support those scoring including the winners. Similarly, bettors tend to overvalue a situation where there is home field advantage. The number of people supporting a particular team does not matter. What matters the most is the amount of money riding on a team. More info about this here: zcode system review

iv) Betting on lots of plays

Even though bettors are encouraged to bet on the most profitable signals, some bettors often choose to take on every system triggered. By failing to pay attention to the top-rated plays, your winning percentage is likely to wane. Although monitoring bet signals and line moves are equally crucial, understanding why lines move is the most important. Remember these important points if you would like to be successful in sports betting.

Why Sell on Both Your Own Website and on EBay?

E-commerce is one of the fastest growing businesses in Australia. Many marketers have found financial freedom by setting up their own e-commerce websites or by selling their products on eBay Australia. One of the biggest advantages of e-commerce is that it is comparatively easy to do. There are no overhead costs associated with running an e-commerce business, as is the case with brick and mortar retailers.

There are two choices available to people who wish to start their own e-commerce business. They can choose to build their own website or start selling on eBay Australia. Both of these options have their own pros and cons.

EBay E-Commerce Advantages

One of the biggest advantages of eBay stores is that your business does not have to spend too much time and money on marketing your goods. EBay provides huge numbers of built in buyers. It has usually been the case that if your product is priced right and the listing is set up properly, you are going to sell your product.

An advantage of eBay is that people trust the platform, as it has been available on the Internet since the very beginning. It started in the year 1995 and has since then started operating in more than 30 countries in the world. Overall, people trust it and like to buy from highly rated sellers on eBay.

EBay E-Commerce Disadvantages

The biggest disadvantage is that it takes a huge cut from your sales in return for the huge number of buyers on its platform.

Another disadvantage of selling on eBay is that it does not offer flexibility in terms of payment options and other things. Sellers are usually restricted in terms of what keywords they can use for their listings and it also does not allow any cross marketing.

Own E-Commerce Store Advantages

The biggest advantage with your own e-commerce store is that you are free to list any kind of products and charge any kind of price to your customers. You also get to keep all the money. It offers you complete flexibility.

Another advantage of your own online store is that you own the relationship with your customers. On other platforms like eBay, the customer maintains its relationship with eBay and not the seller. However, your own e-commerce store offers you the opportunity to own that relationship and sell more.

Own E-Commerce Store Disadvantages

You need to invest in marketing and building your own e-commerce store. It is going to be a bit difficult in the beginning but as you gain reputation and trust of the buyers, your business will grow.

Overall, both the platforms have their own advantages and disadvantages. Business experts recommend that one should take advantage of both the platforms and sell more.

These days, building your own e-commerce store is not a very costly affair. Professional wordpress developer teams can help you in building an ebay e-commerce store with the help of free plugins such as woo-commerce at an affordable price.

The experts at Platinum Web Media ( have helped a number of businesses in building their own e-commerce stores on woocommerce. Our developers have a lot of experience in building e-commerce stores with huge number of products and customized options. We also have been a power seller on EBay Australia for more than 10 years and can help businesses in setting up their eBay stores and EBay listings.

Give us a call today and our experts will be happy to help you in setting up an e-commerce store as well as optimize your eBay listings and eBay stores.

Starting Your Online Business

With the threat of unemployment looming large in today’s uncertain economy, it prepares to have a back up plan. If you are trapped in a dead end job or don’t make enough money to make a living from your current employment, here are a few ideas that can help you make another income stream.


Some people fail to start a business as they fear they are not qualified in any specific area, or that they do not have the right (or any) qualifications. Richard Branson the famous multi media tycoon, and now patron of the first ever commercial space flight company once said something along the lines of, Find something you like then put your heart and soul into it.


Learning to run an online business isn’t as complicated as it may seem. Sure it ain’t plain sailing neither, and it will take plenty of trial and error. But, you already possess some unique skills you can offer to people all around the world.


We’ve all read the stories about the stay at home mom who makes $100k per year blogging about being a stay at home mom, or how children’s homework takes an age to complete each night, or how to find the latest’s deals on treadmill review sites. But how do you make money from blogging?


Well the success that most of these stay at home blogging granddads or 17 year old whiz kids have achieved comes from user engagement and an ever growing list of subscribers. These blogs have hit on a particular topic that resonates with the public and it is often one that large corporate blogs fail to hit upon, that is until they see a little independent blog crushing it and they decide to buy it up (another way to make it big!). Hype spreads like wildfire and the blog starts to get a loyal fanbase.


Once people start commenting on these sites and feel they are airing their opinions and getting listened to, a few shares and nudges here and there on Facebook and viola, the whole thing goes viral.


How Do You Actually Make Money (Monetize)

Then there’s monetization, the real key to making money from your blog in the meantime before waiting to sell it to a corporate giant. You can run ads down the side of your blog. They have to be helpful to your readers and provide something of interest to them. For example if your blog is about dog training there is no use running ads for prescription glasses or baby products.


You can run Google Adwords ads on your blog and these will be themed to your blogs content. But bear in mind the click through rate is very small these days on Adwords and the payout can be pennies on the click, dependent on what niche you are in.


The best blog marketers actually collect subscribers emails and occasionally recommend products or services that are closely related to their content. Going back to the dog trainers analogy. You can send an email about your latest post to your subscriber and also say there is a new training course by Mrs X that you have just read and you feel provides excellent information on how to deal with aggressive dogs.


You then insert an affiliate link at the bottom of the email and you make a commission each time someone purchases via your link. Blog marketing 101 stylee.



There are hundreds of affiliate networks like Clickbank and Offervault that you can sign up to that sell these types of information products all day long. A marketer has already provided all the information and the product, all you have to do is send someone to the offer and you can make up to 75% commission. All from having no product or inventory- just sharing information!


But if blog marketing sounds too complicated and you don’t want to manage a blog or a list of subscribers and put updated content on it, there is another way. There is a website called Fiverr that allows you to make $5 and more per sale by carrying out a task for someone. It can be as simple as providing an article for someone on a specific topic, to as simple as taking a photo of yourself wearing a companies branded logo on a t-shirt that they send you in the post.


Lots of people are making a lot of money on Fiverr. Don’t be fooled by the $5 price tag, you can add it lots of extras and accumulate much higher fees. If you are in the graphic design niche for example, you can charge $5 per design unit and each webpage you design for example could amount to 10 units. That way you will make $50 per web page you design and so on. You also don’t need to be an expert on anything in Fiverr, some people will pay you just to post a comment on their website.


Hopefully you have a few ideas from this post now that you can use to broaden your financial horizons on the internet.



How to obtain supplemental income by working from home

make money from home

Many people who have permanent work are also experiencing financial crisis. That is why they are looking for ways on how to obtain income that can supplement their steady income. Working from home is a good idea of generating supplemental income. In fact, many successful entrepreneurs started their business from home.
There are many business opportunities that can be started at home that can help in earning extra bucks. However, you should choose the business idea that matches your business goal. For a beginner, it can be difficult to find the right business opportunity that is why it needs to expand the horizons. Fortunately, by searching in the internet you will find plenty of ideas.
Simple Home Business Ideas That Can Generate Supplemental Income
Customer Service Jobs – This is one of the business ideas in which you can earn additional income while offering different services and earn money according to the services rendered.
Mini-tasks – This home business idea would generate you small income. However, the good thing is that this business idea is not demanding and you can do small tasks online. You just need to spend few minutes of your time of doing the task.make money from home
Freelancing – Doing freelancing job from home is a great way of making money. You do not need to leave your present job. All you need to do is to look for business opportunity that you can do at home that can earn you supplemental income. You can consider event planning business as a freelance job. Most people and even organizations are hiring event planner to plan and organize an event. Single business transaction can earn you big amount of money more than what you earn from your job.
Some people think that starting a home business is just a temporary solution. It can be true, but finding the best business idea that matches your business goal will lead you to success. That is why in choosing work from home it is important to consider your capability and interest. Select business idea in which you are interested and has passion so that you can easily implement it.

How to obtain supplemental income by working from home
Before starting a home-based business you need to do research. Determine your skills and knowledge so that you will know if you can be effective on it. With the plethora of choices for work at home it can be confusing to pick the right one. Never start a business that you are not certain of doing it effectively. Otherwise, you will just waste your money and time.
In choosing the best at home job, you should not only think about how much income you can generate from it. You should choose the one that will not only provide temporary solution, but the one that can earn supplemental income for a longer time. This way you can ensure that even if you retire from your present work, you will have a fallback of having a home-based business. Starting a home-based business is a smart idea especially for those whose income is not enough to make both ends meet.

Succession Planning and It’s Importance

succession planning

Succession planning encompasses identification and recruitment of employed people in an organization in order to fill specific positions in it. It prepares employees to assume superior positions once they become available. Company expansion leads to loss of key employees and this creates space for the already recruited employees.This ensures that there is no vacuum left and continuity of the business. In order to attain a successful succession planning, one should assess the company,s long term goals and also consider hiring new employees. One should also assess their employees developmental needs and carefully understand their roles as far as developing them is concerned. Below are tips on how to achieve an effective succession planning:

succession planning

Engaging stakeholders. All the stakeholders involved in it should be involved in the process. The board should be involved effectively as it will decide the company’s future leader.

Assessment of the organizations’ internal staff. The board should assess the executives first, followed by the next managerial level. This assessment helps the board in knowing the talent and ability depth within the organisation.

Preparation of what will ensue after the naming of the successor is also very important. This is because the proposed successor requires some learning and guidance on how to go about things. The board of directors should design a proper succession planning in order to provide support to the incoming executives as the may encounter hurdles as they try to assume new roles. Reviewing it regularly in order to reevaluate the needs before hiring and identify where the chosen employees are as far as their development is concerned.

There should be enough time which necessary to ensure that the successors are adequately prepared before assuming their new positions. One ought to understand that the plan is unique to their own organization and hence it should be carried out based on the organization’s requirements.

Identification of the organisation’s crucial positions. This greatly enables the achievement of the businesses’ objectives. It also aids in in assessment of the risk areas in order to identify the present and the probable vacancies in future and take appropriate measures to fill them.

Identification of techniques in succession management. This involves development of talent and skills internally and also recruitment in order to address the succession issue.

Documentation of the plans is important in that, it provides clearly stipulated guidelines about the roles and the responsibilities. Evaluation of the effectiveness is another step. It involves monitoring the employees activities and making changes if necessary. Succession planning is important in that: It ensures that the organization is well prepared when a person from an executive or a crucial position, leaves. This ensures continuity in the business. It portrays a good reputation externally since people view it as an opportunity for individual advancement and development. It serves as a career path development for the employees and this provides an opportunity for retainment of highly-performing staff. It greatly motivates the employees as it renders them valuable to the organization. There is continued supply of able and trained employees.

How to Save Money When You Are On Vacation in Paris

Get Euros in Paris

Do not exchange your currency before arriving in Paris. The best way to get Euros is making withdrawals at ATMs or making all your purchases with your credit card. It is advisable to contact your bank for information on bank charges before traveling.

Book your accommodation in Paris

When you book accommodation, you can choose a hotel with breakfast included. If you’re struggling to find a hotel with free breakfast,  and want to eat delicious pastries, drink orange juice and coffee then try a Parisian café, you will save more money than paying extra for breakfast at the hotel.

Paris is one of the cities with more points of free Wi-Fi along its parks, libraries and major public areas!

Visit Paris for free

If you are flexible and you can travel the first week of the month and if you stay in Paris for the weekend, then you are lucky! Throughout the year, some of the most famous museums of Paris are open for free the first Sunday of each month . Some of the museums you can have access to are the Museum of the Louvre, Musée d’Orsay and the Picasso Museum.

However, if you do not have the chance to travel to Paris for the first weekend of the month, here is a list of free attractions in Paris throughout the year: Museum of Modern Art of the City of Paris, Musée Carnavalet -History Paris, Musée Cernuschi Companionship Museum, Musée Curie (radium Institute), Fragonard Perfume Museum / Theatre-museum Capucines Fragonard, Petit Palais, Maison de Balzac, Museum of Fine Arts of the City of Paris, history of Paris, Museum of the Prefecture of Police, Victor Hugo House, Museum of Romantic Life, Zadkine Museum.

Let yourself be enchanted by the elegant shops of branded brands you find in Paris, do some window shopping until you are exhausted but when it comes to buying your items, you can go to the department stores or Flea markets, such as Flea Market Aligre, Clignancourt Flea Market, Le Village St-Paul.

Eat your fill

Food courts in Paris are not usually so cheap. To save some money on food and drink, you can drink the tap water: buying bottled water is quite expensive in restaurants.

By making your lunch as the biggest meal of the day will help you keep some money in your pocket. Most areas restorations Paris offer great promotions in the fixed-price menus at lunch time which may include an appetizer, starter, main course and dessert, as well as tips and taxes.