Don't forget to read the subprime loan collapse

Subprime 101.

How do you capture a niche market ?

I have read many 'How to make $ on the internet', 'How to increase traffic on the blog?' and many 'How to...'. I thought I also follow the trend to write a 'How to ...' topic.

This is the topic I want to talk about tonight. How do you capture a niche market ?

However, before we even answer this questions, we probably want to ask ourselves : What kind of niche market do we want to capture ? Only after we answer this question , can we have our bearing on finding the How's resources.

How many of you who are reading my blog know that "The elderly are the fastest growing segment of the population and thus have contributed to the "greying" (aging) of the American population." ? Quote from Encyclopedia of the Nations :: Americas

I work with elderly people a lot and a lot of my friends are in the 50's and 60's, the golden girls and golden boys :). Many of them know very little about internet but they are very interested in internet as well.

If you have read one of my post earlier about this , you know that the younger the age, the more tech savvy they are. Do you think there is an inverse equation here : + age = -tech; -age = +tech

Might be I like to challenge my readers to do a simple Math equation for me.
The 2 defined variables :
1. Age:
Age in term of numeric from 1 to 10, 1 being baby to 10 years old, 2 being 11 to 20 years old and so forth.

2. Tech :
The number of bloggers in term of age in America.

Say you find 300,000 bloggers in their 30's . Then it 3Age=300,000tech and so forth and forth.

Do you think you can quickly come out with a a simple graphic presentation of age VS tech ?

Do you see this is a very lucrative under reach niche market ?

Well, this is a topic where I like to challenge my readers to give me your inputs and might be we all can partnered in this niche market ?

Double your money

I wrote about the stock seabridge on Januaray 29th. At that time, I did not buy it but I did buy it later : This is cut and paste from my Ameritrade account.

01/30/2007 10:12:03

Bought 50 SA @ 11.15

-567.49

This is the post I posted 6months back.

Wouldn't you love it if you have bought this stock ?

Then it looked like this :





















Now it looks like this

Do you have the quality of a millionaire ?

If you are my frequent reader, you would have noticed I have added a "books you must read" side bar.

All the book are about millionaires. One of the book I like very much is "The Millionaire Next Door: The Surprising Secrets of America's Wealthy (1996, ISBN 0-671-01520-6) is by Thomas J. Stanley and William D. Danko."

I like this book because I can identify with this book. The more I read this book, the more it reminded me of my dad, who is a self-make millionaire. In fact, not many people knew my dad is a millionaire for he sure does not looks/acts like one or talks like one. We did not realize how much his portfolio worth until recently when he was taken ill. My siblings take care of the financial matter and updated me now and then. Only then did I realized the old man's net worth. We have never lived like rich kids growing up. We worked as waiter/waitress/kitchen hand/factory workers while going to school in Australia. Money did not come easy to us. My dad shaped us to be very independent financially and none of us live on hand-out.

It has never ceased to amaze me on how frequently bloggers talk (brag ? :) about their wealth. Apparently, it seems to me 'bragging' or 'boasting' is one of their means of attracting readers to their blogs. Also, it has never stop to amaze me that people care more about the end than the means of getting there. To me the old world of honest , down to earth kind of working / business ethics is a rare find in this modern age or e-age. It is sad !!!

The 4 major hallmarks of a millionaire next door :

1. Spend Less Than You Earn

2. Avoid Buying Status Objects or Leading a Status Lifestyle

3. PAWs Are Willing to Take Financial Risk if it is Worth the Reward

4. Economic Outpatient Care

Do you got the quality of a millionaire next door ?

When do you start investing with the money you earn ?
What are your portfolio consist of ?
Are you happy with your present portfolio make up ? If not, what are you going to do about it ?
Do you know how much you will have in our portfolio in say 5 years, 10 years and 20 years time ?
The next 2 questions are the bottom line.
How long can you live without your present job or the job of your spouse ?
How much are you worth in terms of your portfolio ?

If you are interested to read some of the millionaires books I have listed, you can go to my store.

It FINALLY happen ! After all these 5years !

Newmont Clips Its Hedges by David Bogoslaw. This is an incredible news for us gold investors, knowing that the biggest gold producer takes such step , we know something is brewing in the global economy, especially America !!! It is like Noah and the great flood...

Quote from the above article "It took five years of sustained increases in the price of gold, but Newmont Mining Corp. (NEM) has finally decided to call a halt to its bets that gold prices won't continue to rise."

I could not believe it even when I read it but it FINALLY happen !!! It took 5 long years of continuous increase in the price of gold before the giant gold company throw the towel.

We should see gold moves towards US$1000 very soon !!! Be prepare for the rocket launch !!!!

With me blogging on my personal blog heavily recently, I have neglected my gold investment but boy something is brewing ! Even with gold down, $HUI is up. $HUI is the gold stock index. Yes, I am making money on my gold investment. I can only sincerely tell you nothing will beat gold in the next 10 years in term of investment.

What is $10 or $20 of paid post where you can gain 300-400% profit within 1-2 months ?

I wrote this article on March 12th, look at how much this gold stock has gone up ?
http://investmentwiseresource.blogspot.com/2007/03/golden-tips-2.html
This research is done by a geologist friend of mine. A Kuching girl who resides in New Zealand now. I did not buy any share at the time of writing but I did buy some after I consulted my investment guru. He said my girlfriend article was one of the best he has read and he recommended highly on the stock. If you have bought it around March or April, you could easily turn US$1k to US$3k now. You probably has to write a lot of paid post to get that kind of $ :). I am not saying paid post is bad but DIVERSIFY, DIVERSIFY, DIVERSIFY !!!!!!!!!

A picture worth a thousand words !

BWLRF