best money maker – Are Penny Stocks Really a Money Maker?

Best Money Maker - Are Penny Stocks Really a Money Maker?

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I had to get you to read this for your own good. I’m sorry to say that I don’t have the next hot penny stock pick but we need to have a talk about penny stocks and why you need to stay away from them. The stats are clear: Much like a slot machine, a few will strike it big but most might as well throw their money in the fireplace and light it up. You are more likely to lose your money. Bottom line!

First, let’s expose the big reason that people are attracted to the penny stock picks: They LOOK cheap. The problem with that theory is that they are not. Here’s an example: In high school I owned, at the time, a 10 year old car that barely ran. It was loud, rusted, dirty, and just a sorry looking piece of automobile. If I were to sell it, I may have got $500 out of it. My dad had a brand new Mercedes. The seats were even heated! This car was pure luxury. Most people didn’t make enough money in a year to buy this car.

What if my car and my dad’s car were sitting next to eachother, one selling for $500 and one selling for $40,000, assuming that you had enough money to buy either one, would you pick my $500 car simply because it’s cheaper? Of course you wouldn’t. Price alone doesn’t tell the whole story, does it?

For those people looking for the next best penny stock pick, that’s exactly what they do. They look at the fact that it barely costs anything and thing they are getting a bargain. What they are really getting, in most cases, is a stock that is loud, rusted, dirty, and just a sorry looking stock. It’s probably not going to do much other than go down in value. The reason it is cheap is the same reason my car was cheap. You get what you pay for.

Get away from looking at penny stocks. Let me give you another way to invest that has been my secret for a couple of years. Consider subscribing to a service like Action Alerts Plus where an expert like best selling author and CNBC commentator Jim Cramer is doing your research for you and all you have to do is buy and sell when he tells you to execute the trade. My secret is that I don’t have enough time to do all of my research so I let Action Alert Plus do it for me. This research is fact based and while opinion is offered, it is always heavy on fact so you have the tools to make your picks.

The hot penny stock pick really isn’t all that hot. It’s just cheap and cheap doesn’t make it undervalued. It only makes it cheap. The average investor doesn’t know what to look for to find the diamond in the rough in the world of penny stocks. Go with established companies that will make you money.

Is your investment portfolio stuck in neutral? Click here to try Action Alerts Plus FREE for 14 days. Jim Cramer, best selling author and host of CNBC’s Mad Money has been helping the part time investor put their stock portfolio in to overdrive by e-mailing money making stock picks to your e-mail box each day.

We don’t recommend anything we haven’t tried ourselves. We have been subscribers to Action Alerts Plus for two years and seen our portfolio beat the market ever since!

Elementary-finance.com is your source for online financial advice. Check us out today!

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If you are ready to build a money website make it one that works. There is no sense in wasting a lot of time on a site if it is not built to produce a reasonable return.

Lets talk about it for a few minutes. There are a lot of things you should consider before you begin. Building a money website can be the hardest thing you have ever attempted but it is also very easy.

There, I have confused you and you haven’t even started, right? Well, don’t worry.You will understand it all in a few minutes.

One of the things you need to consider is a domain name. A domain name is what identifies you to the rest of the world. It also tells the world that you are the owner of this site and where they can find you. Your domain name is often referred to as your web address.

Choosing your domain name can be a little tricky too. You need to be careful on what name will work best for what your website is trying to accomplish. Make it compliment your site and draw the attention of the public.

The content of your website is just as important as anything else, in fact, it may be more important. Your content needs to be well written and it needs to reach out to the readers as people and friends not just dollar signs. Keep it friendly and to the point.

Don’t think you are just going to write a page or two today and publish it tonight and start receiving checks in the mail tomorrow. That is just not going to happen. It all takes time and a continuing effort.

When I first wanted to write a book an author friend told me that it would never happen if I didn’t first start. Very true. He also told me the best thing I could for myself was to set a goal to write a page a day. You need to set that same goal and stick to it. Make a page a day.

It doesn’t matter if the page is good or not. You can always throw it out and do another one. That is what I am telling you here, build a web page per day. You may delete it in the morning, but at least you learned something from it.

You need the attention of the search engines and they won’t even stop by for a visit if you don’t have a number of pages. The more pages you create the more the search engines want to stop by. The search engines like large websites.

The search engines are how the public finds your site. If a phrase or keyword looking for something found in your site is entered into the search bar it is the job of the search engine to find that particular bit of information. If it is on your site and the engine likes what it sees then someone may be able to find you. What it boils down to is traffic. The search engine delivers that traffic. But it can’t do it alone. It needs your help.

Traffic is one of the major keys in making money online. No traffic means no money. Little traffic means little money and so on. Traffic means promotion. You need to learn how and where to promote your new website. There are many ways to promote and draw a crowd. You need some pointers on the in’s and out’s of promotion.

There are many different things to do to build a money producing website but once you understand it is very simple. Just don’t give up. I’ll help you as much as I can and I know a few others who offer more knowledge and help than I.

OK, go for it. Get off your can and start building that site. Come on, lets get with it.

Len Roe is the Owner and CEO of Diversified Distribution of Oregon. He is also the author of several books and has written articles for both business and pleasure. Some of his articles are humorous and emotional. To see more of what he has written go here:

http://www.internetmoneyinfo-noscams.com/building_a_website.htm and here: http://www.InternetMoneyInfo-noscams.com

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