Wednesday, December 19, 2012

Your house is an asset

Well, techincally, it is, but not to you. If you are like the majority of americans, then you pay a morgage to the bank. Since you pay interest to the bank, it is an investment for the bank. To you, your house is a liability.
You have bills to pay for your house which takes money out of your pocket. Let me tell you exactle what these terms mean:
If you lose your job, assets will feed you, and liabilities will eat you.
Assets put money into your pocket, and liabilities take it out.
So your banker isn't lying when he/she says your house is an asset, they just forgot to mention who's asset it is.

Thursday, November 29, 2012

Question of the week

If you were an animal, why would you be that animal? (DO NOT POST WHAT ANIMAL IT IS)

Leave your creative or interesting replies in the comments section below.

Monday, November 26, 2012


Apple has a lot of money. They can make a lot more. They use publishers to make them money. The publishers make money. The users have "an app for that". All of these are related. Many app developers make a quick buck, but some of those who don't make a lot more. This is a LOT like investing. It is quite easy to make a quick buck, or lose a quick buck. Making it big takes long term investments. For these it is good to read and keep up with macroeconomic events. I will later post on research and money, but i believe I owe you a STORYTIME!!!

Recently I have been crunching the numbers and making an iPhone app. It is called pex. You play as a robot who got lost from his mini lair. He has to navigate through bright nature, scary castles, and finally (if you play well) get back to your home. It will sell for $0.99 and will hopefully be released on Christmas day. You can buy the app if you like that sort of game (2-d platformer) then it might be the app for you. Also about 60 of the cents will go towards me, so if you don't like the concept of donating, just know that 60 cents go to me (Darn you apple!). Thank You!

Happy Business!

Friday, November 23, 2012


Commodities. They are the stocks of agriculture. People from around trade various agricultural items, but for every winner, there is a loser. Some traders are brokers. They take in trades from other people and get a commission. Also, there are speculators. They use their own money and trade without a broker. I just thought that I would share that before.......STORYTIME!!!

I have recently seen a few documentaries on commodities trading, and what I conclude is that it is almost as risky as options trading. No dividends are paid. No extra money is paid. I recommend that you stay away from this.

Happy business!

Tuesday, November 20, 2012

The Snack That Cashes Back

We've all heard of goldfish, those little crunchy, cheesy, delicious crackers. They taste great, so their base company has to do very little advertising to make them good. Profits are low but buying is high, so everyone wins! This is the kind of company I think everyone should strive to create. The reason that they make so much money, is repeat customers.

School lunch, it's a great place to socialize with your friends, but to the parent, all it is is the consuming of packed food. If a snack like goldfish comes along, it will be popular with the parents, who buy the snacks.

Story time!!!

So, For the past week, I have been on a huge leaf raking job, and in reality, it being huge is a good thing. Since I get paid the same $/hour, it saves me time knocking on doors and putting up fliers. I offer low prices, and to the right customers. The people that I raked for at shelter alternatives have several properties, which I can hope to rake as well. Good customer service can lead to good word going about for your job, and you'll soon find your self with a business.

Happy Thanksgiving!

Sunday, November 18, 2012

Question of the Week

For the question of the week, I am going to ask a question, and I want you to answer in the comments. The entire point of this is to get your creative juices flowing, and maybe, you'll get a new business idea!
Okay, what would you spend $200 on to make more money?