Product DescriptionLearn 101 of the coolest ways to make money – anything from starring in a TV commercial to collecting and selling golf balls or installing fish tanks in local shops. You can make money at school, at home, in your neighborhood and even on holidays. Your friends will be impressed. Remember, all billionaires had to start somewhere!… More >>
101 Cool Ways to Make Money
Archive for April, 2010
101 Cool Ways to Make Money
Posted by admin on April 30th, 2010
Understand the Theory of Money
Posted by admin on April 30th, 2010
The time value of money
When lending (and borrowing) money, the timing of payments of interest and return of capital has a significant effect on the interest rate. For interest receipts it is called the AER (annual equivalent rate). In the case of interest payments, such as for a mortgage, it is called the APR (annual percentage rate) but is effectively the same thing.
When VAT on fuel was introduced in 1994, many people paid in advance to save the 8% tax. Decisions like this should consider the effective rate of return on the investment for the period.
Assuming your annual fuel bill is £100, what is the effective rate of return?
On the face of it, you might say 8%, because that is what you have saved.
However, taking account of the time value of money, you need to allow for the fact that normally you pay monthly or quarterly. So, ignoring seasonal variations, you would have only paid 7 1/2 months in advance on average.
Consequently the effective AER (annual equivalent rate) of 8% over 7 1/2 months is 13%.
Bearing in mind that it was effectively after tax, this was easily the best investment in 1994.
The effect of compound interest
Compound interest arises where interest is left in an investment and itself then earns interest. For example, doubling your money in such an investment takes:
ten years at an interest rate of 5%seven years at 10%only five years at 15%
Another example comes from pensions. To achieve a pension of £10,000 a year from the age [...]
Graduate Sales Training Program
Posted by admin on April 30th, 2010
Finding a suitable role in the sales job market can be a challenging task for most graduates. The main reason for this is because employers prefer to hire seasoned sales professionals who have years of sales training and experience under their belt. Moreover, there are very few sales recruitment consultancies and commercial establishments who are prepared to invest the required time and money into training graduates and graduate calibre people. Over the last decade, sales recruitment firms and agencies have been providing an invaluable service to their graduate recruits and corporate clients. These companies believe that with the right attitude for sales, there is nothing that cannot be achieved. So far as their graduate trainees have the right attitude, leading recruiting agencies can shape them in to high-yielding sales professionals within a short space of time. Prospective sales candidates will find that the best training programs are some of the most respected in the sales recruitment industry. This is why a number of other sales consultancies around the world have been emulating their techniques and concepts over the years.
Top notch recruiters, trainers, and analysts believe that sales professionals need to be kept constantly motivated if they are to produce their best performance. These companies have worked with a wide range of both medium sized and large companies. Some of their clients include some very high profile multinational companies. Most recruiting firms also coach established sales teams in order to boost their overall sales [...]
Your Investment Goals Are Important To Successful Investments
Posted by admin on April 30th, 2010
Many investors are ignorant when they are new to investing. When starting out, they just only want to jump right in. Sadly, not many of them are successful. It will be wise to realize that realistically all of these investments are full of risks – the danger of having your money fly away is very real! Surely, any kind of investing will require you to have some skills.
It is prudent, before you start investing, to get as much information as possible about the subject of investing. You need to know how the market really works. In addition, you also need to lay out your investment goals. Do you know what you really want to achieve by investing? For example, your goal may be to be able to provide for your child’s college education, to buy a new house, to go on a vacation, or you may want to build some funds for your retirement. So, before you start investing your money, it is good if you would consider what goals you want to target at with your investment. With your goal clearly in your mind, you will be in a better position to make more intelligent decisions!
Frequently, many people want to invest with a hope to be rich overnight. This is not totally impossible – but it seldom happens. So, don’t count on it. It is a very bad idea to start investing aiming to get rich overnight. Instead, a safer approach is to plan to invest in such a [...]
Posted in Easiest Way To Make Money 
Tags: Goals, Important, Investment, Investments, Successful 
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