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My Residual income Trading on forex, stock markets, let's grow your income and lower your expense 2009-10-04T21:32:33Z WordPress http://www.myresidual-income.com/feed/atom/ admin <![CDATA[Dungeons and dragons - the game that pays]]> http://www.myresidual-income.com/?p=68 2009-10-04T21:32:33Z 2009-10-04T21:30:22Z Moste of us like games and playing games so do I. I was quiet angry playing flash games for 10-15 minutes and after I knew what is it about I was searching for something new. Finaly found a RPG game which pays me for playing..

Yes dungeon and dragons is a easy and simple online RPG game. You are killing monsters collecting gold and expirience. Each game takes one month and after this period the gold is converted to $. You wont be rich with this game but for daily fun between the work it is great + income. After each game your character begins again at zero but its never the same. Im now playing a few months and having still fun with this game (maybe because the money :) ).
A few tips for those of you ho decide to play this game:
- go to the chest room after each dungeon and use your keys
- in the treasures hunt you can try your luck each day and win gold
- invite your friends and get golds if they play
- the potions you find on the first day of playing the game is better to sell (you can set a higher price)
The payout is made with paypal, alerpay and by check.
So if you have daily 20-30 min time and want to play a bit and earn during this time some cash try it.

Wish you a nice time by playing.

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admin <![CDATA[How to begin forex trading?]]> http://www.myresidual-income.com/?p=66 2009-08-07T21:21:04Z 2009-08-07T21:21:04Z I was browsing on the internet and found this interesting broker. Where you can trade on forex, comodities etc. and for free…

Okey so wat is it about the first thing this broker is different from the other that you can trade already with 1 $. For the registration you receive 5$ divided into two parts for forex you have 2.5$. If you look for oportunities like there was today and the currency pair went more than 200 pips then you can triple this ammount in just 30 minutes. This is greate you trade with reale money so you have real feelings like fear and if you are on forex the most important is that you learn to use your fear. You can register with this broker here. And then if you learn how to use the forex market you can also try a normal broker like ava fx. So good luck by trading and one more information the next interesting day could be the 13th august the US will provide again some important statistics which can move the market up or down.

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admin <![CDATA[One more social network that pays]]> http://www.myresidual-income.com/?p=61 2009-07-07T21:30:06Z 2009-07-07T21:26:06Z There are a few social networks that pay for joining or referring users. Last time I wrote about me2everyone this site was giving out their company shares (by the way got around 30000 shares). Today I would like to introduce you another service.

A new social network called 6 degree is on-line. The name came from the depth you got paid. You can also try the Earning calculator after you register where you put the how many people would you like to refer and what you think how many will each of the members refer and on the end you get the final earning. For example you refer 10 people and each of them another 2 till the 6 level you will earn 640$. The site pays in two methods trough paypal and discover. The difference between me2everyone and this is that 6 degree is already full operational. You have blogs there, videos, groups, chat, forums, and everything what a social network needs. You have also something called “Marketplace” you can buy here different services or goods and will get a part of the cash back. This site is definitely worth to try. You can try on clicking on the following link.

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admin <![CDATA[How to earn thousands with blogging]]> http://www.myresidual-income.com/?p=57 2009-07-07T18:21:35Z 2009-07-07T18:21:06Z Most of you saw websites where bloggers shows that they earn thousands of dollars monthly. Is it true? How can it be? The answer is yes it is true and it is quiet easy. The sell own products or sell products of somebody else…

One of the best ways to sell products (own or somebodies else) is clickbank. This site is an affiliate network so if you are selling your own digital product you should use clickbank they can drive a huge traffic to your site and help with selling your product.
I have not created any product by my self so Im using the second possibility of clickbank what is selling digital goods of other people and getting a provision from it. You just sign up yourself pick a category (they have a great filter so you can find fast any product you would like to sell) create a link and can write your blog post with the link.
You can find a lot of pics like this on the internet:

There are people who create manuals how to use clickbank and earn huge money with it . It is more easy to start and know how to start. You can make your money faster and don’t make so much mistakes. One of the best how to manuals you can find here.

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admin <![CDATA[Cheap electronic and gadgets]]> http://www.myresidual-income.com/?p=52 2009-07-05T20:37:33Z 2009-07-05T20:37:33Z There is always a way how to save money and get what you want :) Today I will show you how can you buy cheap electronic devices and gadgets.

You can always buy thing cheaper if your buy them from a wholesaler. But not everyone can get to a wholesaler shop. In china there are a few companies which provide such an opportunity.One of them is chinavasion. I have tried this company and it was great. Used it for my business and also for personal needs. You can pay trough paypal or credit card. Choose the best and cheapest way of delivery. If you finish your order you can track it what is happening in the moment with your order. Once I had a broken product so I claimed it and with the claim there was also no problem. You can buy there classic mp3 players, projectors, phones but also cool gadgets like a watch mobile phone or usb cooler and lot more.

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admin <![CDATA[A quick overview of economic recessions]]> http://www.myresidual-income.com/?p=50 2009-04-01T16:34:12Z 2009-04-01T16:34:12Z How often is a recession? Is it rare or do it happens all the time? We should learn investing and how to avoid bad times because there are recessions all the time. This is a quick overview of the past recession. If a recession ends it is good to invest into stock but when it begins you should invest into gold and in the recession you can trade with forex. In a recession there are facts which makes huge moves on the forex market and if you can read them you can make really good money.

1, place
Date of beginning : 4.17.1930
Date of ending: 7.8.1932

Duration: 813 days
Loss: -86.0%

2, place
Date of beginning : 3.10.1937
Date of ending: 3.31.1938

Duration: 386 days
Loss: -49.1%

3, place
Date of beginning : 1.19.1906
Date of ending: 11.15.1907

Duration: 665 days
Loss: -48.5%

4, place
Date of beginning : 9.3.1929
Date of ending: 11.13.1929

Duration: 71 days
Loss: -47.9%

5, place
Date of beginning : 11.3.1919
Date of ending: 8.24.1921

Duration: 660 days
Loss: -46.6%

6, place
Date of beginning : 6.17.1901
Date of ending: 11.9.1903

Duration: 875 days
Loss: -46.1%

7, place
Date of beginning : 1.11.1973
Date of ending: 12.06.1974

Duration: 694 days
Loss: -45.1%

8, place
Date of beginning : 9.12.1939
Date of ending: 4.28.1942

Duration: 959 days
Loss: -40.4%

9, place
Date of beginning : 11.21.1916
Date of ending: 12.19.1917

Duration: 393 days
Loss: -40.1%

10, place
Date of beginning : 1.15.2000
Date of ending: 10.9.2002

Duration: 999 days
Loss: -37.8%

The last one was the dangerous combination of the dot com boom and the terrorist attacks in US. This was the longest recession.

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admin <![CDATA[Forex part 2 - introducing the software and basics]]> http://www.myresidual-income.com/?p=44 2009-03-29T22:08:41Z 2009-03-29T22:05:54Z In the first article Forex part 1 - how to begin I wrote about how to register our self and how to send the money to the broker. Today I will show you how to use the software you downloaded, some basics and on the end a small surprise. Hope you will like it.

If you start the software you will see a login screen like this (you enter your login details and chose the language you would like to use this is a big + for this software) :

For us there will be the most important window this one:

This is the screen where we can buy and sell. We see the pair Eur/Usd. The actual price is 1.2832/35 what means we can buy 1 Eur for 1.2835 $ or sell 1 Eur for 1.2832. The value is not the same the difference is the so called spread but about this in the next part.
So lets see an example: If we think that the Euro is undervalued we will buy euros and wait till. It will look like this:
We buy 100.000,- Eur and it will cost us 128.350,- USD (100.000 x 1.2835). The price of the euro changed to 1.2866/1.2869. Now you sell the euro for 128.660,- USD. And you earned 310 USD. If you deal with Eur/Usd by the value 100k each move of 1 pip has a value of 10 $ for you.

I mentioned the word pip. The most of the currency pairs are traded on 4 decimal point in our case it is 1.2832 if this moves by one value to 1.2833 that is called 1 pip.

Next time we say something about leverage, spread, risk…

And the surprise on the end :) On forex you can make slowly and safe a lot of money. Here you can see how I made in 6 hours 46$ and used for it 100 $ that means I did 46% in just 6 hours. Do you know any bank who gives you so much %? :)

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admin <![CDATA[Commemorative euro coins and their value]]> http://www.myresidual-income.com/?p=42 2009-03-27T09:05:08Z 2009-03-27T09:05:08Z I wrote in my previous post about 2 euro coins there are so many of them and we don’t know what is the price for them. You can get them everywhere, you go buy some coffee and get back a 2 euro coin. Is it better to sell this 2 euro coin to somebody or use it like a normal coin? There are people who collect all the euro coins and show what they already have. There are other numismatic sites like the new world coins or the euro collections. I prepared a this post for you to show what should you look on the coins you get in to your pocket.

I also prepared a pdf catalog about the 2 euro coins you can find there all euro coins till January 2009. You can copy this document into your phone PDA or whatever digital machine and have it with you wherever you go. Buy it just for 3 $:

(I will send you the catalog on the email you used on paypal or write me if you would like send it to another email marek@myresidual-income dot com )

This are the commemorative coins issued in 2004:

This are the commemorative coins issued in 2005:

This are the commemorative coins issued in 2006:

This are the commemorative coins issued in 2007:

This are the commemorative coins issued in 2008:

There are also commonly issued coins in 2007 and 2009:

Almost every the country issued this coins. Value of this coins issued in 2007 and 2009 is not so high in the most cases it is around 3.5 Eur but if you are able to put together all coins you can get the around 50-60 euros or even more. 13 countries issued the coins in 2007 and 16 countries in 2009.

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admin <![CDATA[What follows after the recession?]]> http://www.myresidual-income.com/?p=40 2009-03-26T18:51:58Z 2009-03-26T18:51:58Z No darkness is for a lifetime and recession either. But it is clear that nothing will be like before. This two sentences sound like from a movie but its so.
The recession came to our homes like a thunder nobody was prepared for it not the individuals not the companies and also not the governments. The months are going on and the individuals are living in fear the companies doing big restructures and try to make the company effective as possible.

The changes after the recession will be fast and big. There will be new winners between the companies. And we will fast forgot the bankruptcy companies. The employment will again dramatically go up. Again it will be the people who can choose between the companies and not the companies between the people.

For sure the recession is the best therapy for the company obesity. If you work in a big company and are a little interested in how your company works you know that it is for sure ineffective. I see it in my company there are 3 departments that are not necessary if they would change the process and that is only one example (for sure there are many more of this departments and people). I cant understand why do the companies have such processes they have ways how to do thing better for example lean six sigma is great for this. But companies are not doing this much if they are growing only a very few companies did this and they are now on the TOP.

So if the companies survive this recession they will grow much faster then before. And this is a big chance for everyone. If you have your own company make it so effective as possible. If you don’t have a company and you don’t want a company you can buy stock they will go up like I wrote in the article when is the best time to buy stock. Just imagine if the companies are growing faster they buy more and so other companies can grow and if the companies grow they give pay more to their employees so they can buy more this is a vicious circle. But thanks to this circle we are now in the big trouble also.

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admin <![CDATA[The secrets of investing into GOLD]]> http://www.myresidual-income.com/?p=35 2009-03-26T17:20:04Z 2009-03-25T19:47:30Z Gold was from the ancient time respected, worshiped, people was fighting because of gold. Gold made people happy but it brought also terror. The price of the gold was set on 35 $ for a Trojan ounce and in march 2008 it was traded for more than 1000 $. The gold get this value in exact 60 years. I read also about gold on one of my favorite sites

Gold was used also for covering money what means for example if the state printed x million $ they had to have so much gold stored somewhere. I really would like have this time back :) . There was also a really good document on it money as dept you can download it here.
There is nothing better to invest in. I wont write there a lot of word see it by yourself the following image compares the price of gold and stock markets:

Gold is a good investment also in a recession when everything falls the gold goes up.
There are a few ways how can you buy gold:
- The most beautiful is to buy gold coins or Gold bars. Of course if you chose this way please have a good insurance :) The purity of the gold should be .9999 and every investment gold has a certificate and a unique number.
- You can buy gold also trough GETF (Gold exchange-traded fund). GETF trades on the stock’s in Zurich, Mumbai, London, Paris and New York. The disadvantage of this form is that you pay 0.4 % fee and you also have yearly fees.
- You can buy also gold certificates which you can store without problems but for example if there would be war you can burn the papers
- Derivatives, such as gold futures, forwards or options.
- You can invest also in the stock of mining companies.
- And you can buy gold or trade with gold also with a broker like ava fx

There is also a big advantage of gold in Europe you trade without VAT.

And on the end there are 2 great books about how to buy gold low and how to invest into gold.

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