THE COST OF MAKING MONEY ONLINE

MAKING MONEY ONLINE

If you've read by other blog installment called THE SECRET OF MAKING MONEY ONLINE then you will be thrilled by yet another secret of making money online, viz. Blogging. Blogging is fun pastime and a fantastic idea, however, blogging for money is an even greater idea. Blogging essentially revolves around the possibility that 1000's of surfers will spend a few minutes reading your blog. By doing so, you earn a few cents per 1000 visitors (CPM) but you will only earn this  if you are signed-up to Google's Adsense Programe or  Yahoo's Bing Network Contextual Ads. An added benefit is the possibility that your site visitors  find your blog content interesting enough to click on one or more of the ads associated with your website. This may boost you earnings marginally, but very likely at the rate of  about 10 clicks for a single US Dollar.  Below are two more secrets of making money online viz e-Baying and Forexing.

BLOGGING

Blogging is cool, sexy, hip and the in-thing and a sure way of making money online. Attracting  network traffic to your site is an enormous SEO task which can become a bit of a nightmare because there are tens of thousands of new websites starting-out on the internet daily, all of which are vying for pole position in search engines. An alternative to designing and maintaining one website to attract a 1000 visitors, is to have 250 advert displaying websites and expect just four visitors per day and hope to get 1000 hits daily. Maintaining 250 websites is even a greater nightmare, in fact it's a full time job that will earn less than a dollar per day, averaging at  $3 US for about 3000 visits. Meanwhile the cost of making those  few measly dollars will cost you fist full of dollars, considering the cost of your Internet connection, the cost of your time, the cost of electricity, the cost of wear and tear on your computer. I could amount to more than a 100 times more than what you are earning online. However, if you persevere could can make good money, but not as much as you would make with trading in Forex.

E-BAYING

Buying and selling on e-Bay is another fantastic  idea. Been there, tried that and it didn't work that great for me. Not that it won't work for you.  I bought sought after goods, intending to sell them locally at a marginal profit. However, the marginal profit is directly affected by the auction price of your final bid. But it doesn't end there. Your supplier adds packaging and unrealistically inflates the postage. This is to make up his losses on all the other goods  that didn't fetch the price he expected. Normally, it just so happens that the exchange rate for the day is not in your favour when paying with Paypal or with your credit card. Anyway, then it takes a  month before your goods arrive or rather a notification from the postal service arrives notifying you  that a package  needs to be collected at Customs. Customs is a satellite branch of the Internal Revenue Services (IRS) that inspects all imported goods. They then add-on import duty, normally a percentage of the value of the item and then they add value added tax (VAT) to it. Not forgetting the bank charges for the transaction  on the credit card. Suddenly the marginal profit becomes minuscule and in most cases non-existent. Yep, it just takes the wind out of your sales. The cost of making $50 could actually cost you $75.00. E-baying is still a good idea but Forexing is a great idea.

FOREXING

Trading in Forex is probably the best way of making online money. and making money with Forex is Easy.  It beats blogging and e-baying hands down. You can quite easily and very quickly turn a small investment into a massive profit. In fact thousands of people have turned small investments into remarkable profit with Forex, because it is the quickest and the most secure way to earn additional income online. Trading Forex allows you become a part of the world's largest financial deals which moves in excess of $5 Trillion daily. Signup for and  account, and Forex expert traders will teach you all you need to know, absolutely free of charge. Before you venture your money make absolutely sure you understand how Forex works.  Do not trade, unless you understand the risks involved and always take into account your level of experience. Remember leveraged Forex  products incur a high level of risk and may not be suitable for all investors. Beware that uninformed trading may result in a substantial or complete loss of funds and you should therefore only speculate with money you can afford to lose. Never risk more than you are prepared to lose. However, this warning should not stop you from getting involved. Get a Forex education. Get a practice account. Trade with real money that's not yours until you get the hang of things. In a very short while you could be smiling all the way to the bank.

FOREX VS INTERNET SCAMS

In today’s world, every penny counts. Millions of people are looking for  ways to earn money online since the cost of living is killing them. The Internet is certainly one of the best ways to make money but it has also become a scam artist paradise. It has  become the favorite  platform for selling snake oil and almost everyone I know who tried to make money from the web,  received offers through solicited mail that sounds just  'too good to be true'.  The guru scam artist's pitch is often "How to make quick money online", or "Ways to earn money online" or "How to make money on internet." But... there is an old saying which goes something like this, "if it sounds too good to be true then it probably is".  

Most Internet scams are  flaunting promises of huge wealth and the bigger the money, the bigger  the scam. Just look at MLM with their over priced junk extorting money from you and me, to pay their down-lines who perpetuate the scam. Enter your name and WIN scams that rip you off.  And the Pyramid schemes. PDFs containing BS, selling for large sums of money. The Clickbank " basic qualifying payment criteria scam". Mail order goods costing many times more than the same product in shops. Asian junk that cost as little as $10 but with shipping charges of $50 or more or at five times the price of their products, and the list goes on. Everyone I know is suffering from Internet information overload and loosing money to scam gurus rather than making money online. Yep scams are dime a dozen.

Making money with Forex is quick, legitimate and legal.

Having said that, believe it or not, their are legitimate and legal ways to make money online. There are many ways how to make money but Forex is probably the easiest way to make money. Trading Forex online has become one of the easy ways to make money with money and it is also one of the  best ways to make easy money. But Forex is not for the faint hearted. If you don't want to forex, you can always blog with Adsense selling CPA and earn a minuscule income, in fact a lot less than what you pay for your daily Internet connection. You could also write articles for Hubpages.com,  451Press.com, About.com, DayTipper.com, Helium.com, Squidoo.com or Bukisa.com or so many others but if your writing is not up to their standards, it could take months before you will make $10. Meanwhile  your monthly Internet connection could cost you thrice as times as much. It just isn't financial viable and it is very time consuming.

Forex is the best way to make money online
Trading in Forex is quick and easy, it is not time consuming. It doesn't require you to have a degree in English literature, it doesn't require you to sit in front of a word processor for hours and neither leaves you with the hope that you going to make money. Forex on Metatrader 4 Robot trades whilst you sleep and can make a decent profit over time. With Forex you have to spend money to make money. Restated, you have to speculate to accumulate. You could start-off with as little as $25. There are a myriad of Forex ads abound on the Internet, possible even on this page. Go ahead and create an account but if you don't know anything about Forex or were to start, read my first blog. It covers the basics of Forex and  terms like FX,  Foreign exchange, Megadroid, exchange rate, Forex brokers, Forex Trader and Forex signals, etc...

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FOREX TRADING, MAKING MONEY THE EASY WAY

In the current economy, one can always do with a little more money or perhaps even a lot more. Money doesn't seem to go very far these days especially considering the cost of a University education, or the cost of that dream car or that house you wish to retire in. One just has to look at the price of gasoline to be startled into reality by its ever escalating price. All these things shout very loudly that you need to make a lot more money than you are currently making. But making money has never been easy, and there are thousands of get rich quick schemes out there that failed to produce the results they promise but only proves that making money is no simple matter.

American Dollars, Euro, Japaneses Yen, British Pounds Forex currencies.

However, there is "work hard" and there is "work smart" which is perhaps one of the easiest ways to make money. Working smart means working with your money, venturing your intellect based on firm knowledge, buying and selling any commodity that is in demand. Restated, become a commodities broker. Commodities takes on many shapes and sizes and can range from scrap metal, to cement, to cars,  to solar panels, to gold, to Stocks, to Options, to Futures and Forex. Gasoline is one of those commodities that has a huge potential for making money because millions of barrels of crude oil gets sold daily and at just a few dollars on a barrel, makes billions of dollars in minutes.  Fuel prices affects Forex and offers huge opportunities to make hoards of money.

If this appeals to you, you should start to rethink your 9 to 5 and learn Forex trading and commodity trading here, here and here. There are several FREE educational packages available for download here and here and from various other  Forex experts. There are Forex adverts abound on the Internet, just read them and make a decision. Its never been easier to make money  trading online, with Stocks, Indeces and Commodities.

You can get a 50K $ Risk free account for trading from many Forex traders  with absolutely no EA (Expert Advisor) charges. There are even Metatraders (Megadroids MT4) robots that can do the trading for you, all you have to do is signup for an account and voila, money in the bank. This is really trading made simple, its like making your money grow on Autopilot.  But if you are hesitant, download an introduction to Forex or attend a Forex seminar, and keep abreast of  Live Forex News, because   opportunity only knocks once. Learn the powerful tools you need for Stocks, Options, Futures and Forex trading.

Metatraders (MT4) or Megadroid Robot uses RCTPA (Reverse Correlated Time and Price Analysis) which describes a robot’s ability to approximate the market trends within two to four hours, and it does this much faster than any person can.  Forex Megadroids thrives when market trends change  and quickly adapt according to the dynamics of the changing market and even if there are no no new trends, the robot can still bring in good profits. If you are a newbie to Forex, checkout "Making money with Forex whilst sleeping" and "500 Million eyes on Forex and counting"  and "Foreign Exchange for Beginners" and get a real education in Forex.

EASY MONEY, FAST MONEY,  QUICK MONEY, 

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