I once mentioned that some bloggers are making over $10,000 from blogging monthly. And one blogger responded that he doubted my claims. And I laughed at his ignorance.
I was reading The world's best-paid actors and actresses when I stumbled upon the following guidelines for you to make more money. Because, we all need more money. Even Uncle Bill Gates needs more dollars. Microsoft, Google, Yahoo and the other leaders are all competing for more dollars.
"Start Investing With Only $100"
By Richard Jenkins
Investing isn’t as difficult or as expensive as most people think. Most of us just don't do it well. Here's what we do wrong and how to start doing it right -- with just $100.
I'll let you in on a little secret about investing: It's not nearly as hard as you think. And it requires far less cash than you probably realize.
However, the fact that most people do it badly might lead a reasonable person to believe that investing is incredibly difficult.
How badly do most of us perform? A study by Dalbar Inc., a Boston-based investment research firm, found that from 1984 to 2002, when the S&P 500 Index ($INX) grew at an annual rate of 12.2%, individual investors in equity mutual funds saw average returns of 2.6% a year, before taxes.
That's downright pitiful.
So with the bar set appropriately low, I'm going to show you a method for starting and managing a portfolio that requires very little money (just $100), even less effort, minimizes taxes and transaction fees, and is likely to outperform the vast majority of mutual funds over the long haul.Start investing with $100.
So many investors, so little profit
First, let's look at the reasons for the awful performance of most investors. There are as many reasons as there are overpaid CEOs, of course, but here are the primary culprits:More
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