I am glad you like figures.
That is all good planning and you are one of a few who know how to really manage. However, it is still far short of what you will need in the future.
When people organize and represent any good profit share company, they start out with an expenditure of anywhere from $10 to $350 and Zero income.
When people like products and services offered by a profit share company, they can achieve unbelievable incomes; yet, most people are just too lazy to learn the truth, or too lazy to get involved.
Want to do some math. Let me give you a quick exercise.
Lets take a $12 per month expenditure and base your income on selling five people on buying the same product or service. Now, these five people have to want to work as a team to bring in another level of new customers and the same again for a 5 x 7 matrix or customer base.
Everyone has the same opportunity to make the same money if they will work. Don't think for one minute it is impossible because for all those who thinks it can't be done, there is someone doing it.
Here are the percentages of each level.
20% Line One
5% Line two and three
10% Line four
5% Line five and six
10% Line seven
After you get your answer, then double the monthly expenditure to see the results of the income potential. Just double the totals.
Here is your customer base.
5
25
125
626
3,125
15,125
75,625
Here is an income that provides for everything people need and the fact they can be totally debt free and not have to worry about medical bills, or medical emergencies.
Why don't people pay attention to the business world. After all, everyone who is working for themselves or others is in the business of selling them self and their business or the business of their employer.
$17 per hour. No thank you. Not interested.
However, it is good to see people who can still manage their income. There will come a time very soon where you will find it will not be enough and many think that time will be next year as peoples credit is maxed out and they find they can't pay the interest on their debts. That will effect everyone, including those who know how to manage.
Those who think the world owes them a living will soon be living off the plates of from the Socialists table. The scrapes will not be very filling.
When the dollar finally falls and it must in the near future because it is way over due, those who have money will find they don't have money. Look at the 1907, 1929 fiasco's. Don't think for a minute it can't happen again because it is just a matter of time.
I would invest in some foreign currencies that will be solid; provided the world economy does not turn to dust. This way, when the dollar is replaced, the foreign currency will have a value and can be converted into the new US currency. Just my opinion and there are no guarantees in life.
Who's The Worst Of Them ALL to work for?
Discussion in 'Report A BAD Trucking Company Here' started by MACK E-6, Jan 28, 2006.
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I suggest gold.
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When you look at what the English Pound is based on, you see they are in trouble as well. When you look to the Euro, you also see a currency that holds its value based upon the amount of currency in circulation. In other words, neither one are based on a solid value.
I would suggest currency that is worthless, but the country is based on a solid future.
It may be too late for an investment in the Iraqi Dinar, but you should still be able to purchase 1Million Dinar for about $800 at your local bank. The exchange at this time is about 1,224 IQD to $1 US. Check pre war value's on the Dinar. As long as Iraq remains stable they will RV (Re Value) their currency to pre war or better value.
I would also look to Vietnam as their currency is valued at about 16,000 VND to $1 US Dollar. That means you could purchase 1Million VND for about $100.00. Vietnam joined the WTO ten months ago. They have many great contracts and are moving goods around the world today. They also have discovered oil and are in the process of developing this product for profit. They will RV (Re Value) their currency within three to five years.
Iran has the potential of developing wealth, but many won't buy their currency based on their political stance against the US and our allies. However, those who deal in money have no politics accept where the risk is too great. Example: President Chavez / Venezuela. This currency is worthless, yet the country has great potential, but they are Russian, Cuban and Iranian personnel in Venezuela today working the oil industry to manufacturing weapons for war. Not a good risk potential given they are a major threat to the US and the Latin American States.
Where to buy? Any major international bank like Bank of America, Chase, and even Wells Fargo. You can order currency through most banks though many would advise against it. Just remember, nothing ventured, nothing gained.
Another thing I would do is get into an inexpensive MLM and promote it based on the income potential. Most people snub these businesses, but when you take time to look at the facts you see they are more than viable as an alternative to a part time job. A simple program where you buy a single product each month you like and promote the company can produce six and seven figure incomes for those who are not afraid of doing business and dealing in the business world. See my figures above, based on $12 and a 5 x 7 matrix of customers. Minimum investment, Minimum earnings. Always look to the potential and then decide if it is worth your effort and time.
Only the blind ignore facts.
Always remember: The Stock Market it based upon Calculated Risk (Gambling)
Always remember: The Currency Market is based upon Speculation - Calculate Risk (Gambling)
Always remember: Getting that 80,000 lb cargo and equipment moving depends upon calculated risk as soon as you hit the highway and start shifting gears.
Life is a gamble. Those not willing to take the risks go no place in life!
International Currency Conversion rates: w w w.X E.c o m
Want to talk to me personally, you are welcome to send me the invitation. Advice and recommendations are free. -
Gold is good, but not nearly as good as it was three years ago. It is hovering around $800 per oz at present and it will go higher. When the market is down, the Gold and other precious metals are up and vice versa.
Not many can afford to buy much gold and hold it. Likewise, gold can be confiscated in a National Emergency; especially if it is in coin.
Ron Paul had Sunshine Mint back new currency with his name and the FBI just confiscated all the Gold, Silver, Platinum, currency and all computers and files from Sunshine; leaving many who ordered this product with nothing.
Question is, did the Fed (which is not Federal) feel Ron Paul was going into competition with the FED and cause this legal action? Gold is not as safe as speculation of some foreign currencies, but it is still good. Just what where you buy it and the circumstances of which it is being sold.
I don't have the answers but I don't think the FED (which is not Federal) had any right to use the FBI or any other Police Agency to confiscate private and personal property. Powerful People in Powerful Institutions rule.
One more thing about Gold. As long as it stays in the raw, and is not sold, there are no taxes to pay. However, once this wealth is converted to money, the IRS will be waiting for their share. -
Gold is up around 800 Georgies an ounce, but remember what you guys have just said...that price reflects that the value of the dollar is declining, not the gold is increasing in value. Well, its value is not increasing in Chicago, only its price in weaker and weaker dollars. I think the dollar has lost 10% of its value in only one year against the Yen and the Euro. That means one thing, really--things that you can buy from overseas are now 10% more expensive. Very little gold is mined in the US today, meaning any gold you invest in will come from overseas, meaning a money exchange will be necessary somewhere to buy it, with weaker dollars. Ditto for oil. Gasoline would be around 30 cents per gallon cheaper if the dollar today were as valuable as it was only 12 months ago. That's quite a chunk for only one gallon.
Let's say you DO invest in your target currency and/or gold. After doing that, you have to forget dollars and start pricing things in the currency you've invested in. This will allow you to see what is REALLY happening with your investments. In order to check if something is square, you need a straight edge, not a french curve. If you invest in Euros, and I would recommend you do that for now, start thinking in Euros. Be able to do the conversion on the fly when you see something priced in dollars. If you can do that, you'll be good. Investing in Euros and not knowing what it is capable or not capable of buying from one day to the next would not be wise. And don't base it on day-to-day dollar values--use a benchmark dollar value, like the value the dollar holds when you make your investment in Euros/whatever. Then watch it like a hawk.
Let me lay a theory on you guys. I love doing this sort of thing when it gets quite at this site. Just hear me out here.
Maybe....just maybe....the powers that be are forcing the dollar to drop in value so it'll be more inline with the Chinese Yuan. The Chinese are being stubborn and are holding their currency at an artificially low value. The US government has asked them to let it "float" many times, to no avail. In order to level the field, the dollar is allowed to fall in value. It has nothing, at least directly, to do with any credit crunch or oil price. The dollar is going down because the elites want it that way. If they don't do this, China's economy will continue to grow like wildfire until it can begin to influence the world economy. If China has a lot of pull in the world economy and it then suffers a serious economic downturn, it will take the world economy down with it. That won't be allowed, of course. China may be moving along the road to capitalism, but a centralized, blundering, communist government still calls the shots in China, including economic ones. That's not a secure reality. Yeah, I think what is happening to the dollar is by design. It ain't random market forces. -
I wasn't suggesting gold to make a profit, though you can do so, I was suggesting gold to protect against inflation. And I'm not suggesting people actually run and buy a bar of gold to stick in their dresser drawer, but more or less "stocks" of gold (to over-simplify things--I realize this isn't technically right). Anyways, let's get back on-topic, which I don't remember.
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If you buy gold in dollars today and the dollar keeps falling in value over the near future, when it's time to sell you'll only be paying more for the gold, as your dollars won't be as valuable on the 'sell' day. You'll be right back where you started, and probably a little worse off, as other factors in the economy will cause prices to rise in that time. There are two kinds of inflation you need to be aware of here--inflation caused by the decrease in the value of the buckeroo (forces working outside the economy), and inflation that is caused by simple supply and demand inside the US economy. This is inflation that will always be there, as no inflation or deflation is NOT good for a free market economy. Deflation would be quite disastrous, in fact. Take the two types of inflation together and use that figure to determine if you're going to be better off by buying gold now and sellling it later. A better way to go would be to invest in Euros and sit on them until the dollar starts increasing in value again. If you can predict when the trough has hit, you'll do well. If you bought 1000 dollars in Euros today, and the dollar decreases another 25% (at which time you exchange your Euros for dollars) you could get a nice return later if the dollar goes back to about 1 to 1. The only problem here is the "how long?" question. It may take 2 years for the dollar to rebound. It may take 10 years. Now is the time to buy Euros if you want to make some mulla and can wait out the storm. Waiting until the trough gets here will be the worst time. That's when you will want dollars again.
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As far as $17/hr goes, the point I'm trying to make is that you can live a decent life at that wage, at least where I live you can (and yes, that takes into account retirement). There's no way you can argue the point because I've lived on less and know other people who are doing it. (You may be able to argue that people in other parts of the country can't do it---I wouldn't be surprised to find that's true.) When compared to salaries of the upper class, $17/hr is bad (and unfair depending on your politics). Maybe you can't get an XBOX 360, the latest cell phone, the latest computer, a big screen TV, a new car, a large home, go on a tropical vacation every year, etc. But you can eat well if you prepare your own food. You can buy a modest home. You can save for retirement. You can buy some of the toys you want. What you don't have is the luxury of buying anything you want. You have to be responsible. -
Why is this thread showing up in my updated threads list every five minutes... it always says last post 1-5 minutes ago, but I haven't seen one since Grandiego's over 5 hours ago.
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