Online Income?

C

cope+

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So ill be living in Japan this winter with free room/ board but no income. Any ideas of ways to make some extra cash online?
 
There was a student that had connections in japan so he started to exploit the grey market. Essentially, text books were cheaper in Japan, so he got his friends there to send a ton of text books over to America. He netted 100k in one year.
 
13198212:DirtYStylE said:
There was a student that had connections in japan so he started to exploit the grey market. Essentially, text books were cheaper in Japan, so he got his friends there to send a ton of text books over to America. He netted 100k in one year.
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http://en.wikipedia.org/wiki/Arbitrage

That's a crazy stupid way to make money. I figured it'd be illegal.
 
13198257:Miomo said:
That's a crazy stupid way to make money. I figured it'd be illegal.
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Working the system is the only way to make a decent amount of money. In this case, the court ruled in his favor. So it is in fact legal.

Have fun working hourly posting adds @ min. wage
 
i've made near a grand through redbubble, you could look into something like that.
 
Just click one of the ads that says something along the lines of "single mom makes 1k a day doing this 1 simple trick online everyday!!1!" I'm sure that will net you some online monies.
 
My friend makes 300-2000 dollars a day by owning Twitter accounts and posting ads. I have no idea how you get into that but if you have a connection to an account, I'd suggest you hop on that.
 
13198542:Mingg said:
My friend makes 300-2000 dollars a day by owning Twitter accounts and posting ads. I have no idea how you get into that but if you have a connection to an account, I'd suggest you hop on that.
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are you sure? so your friend is halfway to being a millionaire?
 
13198546:stucci said:
are you sure? so your friend is halfway to being a millionaire?
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If he worked on it everyday he sure would be. He's in college now and only logs on during the weekends. The other people involved in it post during the week and they split the money based on that. That amount is also before taxes. It's pretty legit. His brother dropped out of school to do it too. They make a ton of money.
 
13198549:Mingg said:
If he worked on it everyday he sure would be. He's in college now and only logs on during the weekends. The other people involved in it post during the week and they split the money based on that. That amount is also before taxes. It's pretty legit. His brother dropped out of school to do it too. They make a ton of money.
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that is fucking mental, go them
 
13198575:Young_Strep said:
I play online poker, can make about $25 an hour. If you are interested I'd learn that, its pretty fun.
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I knew a guy who dropped out of uni because he was making so much playing online poker, and just started doing that full time. He was wild.
 
cfd's

with a good base and some news watching you can make a few k within seconds (im not saying you earn a few thousand a second, duh).

Also, the japanese index is shitting on everything right now.
 
how much cash you have saved up right now? I guess my view wouldnt be as popular here but I would put a lot of money into some higher risk fixed income...keep principle and still grow it a little with some income off of it. That or just get a job while you are there.
 
if you have a savings or some extra money lying around, do some research and invest in a stock. Apple's a pretty safe stock bet and the stock market can be pretty fun as long as you don't go too big and always sell out before the stock goes below what you initially paid for it.
 
13198575:Young_Strep said:
I play online poker, can make about $25 an hour. If you are interested I'd learn that, its pretty fun.
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What site do you use?

13198769:SourSteezle said:
if you have a savings or some extra money lying around, do some research and invest in a stock. Apple's a pretty safe stock bet and the stock market can be pretty fun as long as you don't go too big and always sell out before the stock goes below what you initially paid for it.
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Idk if Apple is the safest stock to pick, but yes OP just start day trading.
 
13198769:SourSteezle said:
if you have a savings or some extra money lying around, do some research and invest in a stock. Apple's a pretty safe stock bet and the stock market can be pretty fun as long as you don't go too big and always sell out before the stock goes below what you initially paid for it.
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Markets are super sketch at the moment, and no apple isnt a "safe stock"

If you have the savings, (at least 10-15,000$)get a loan and buy some real estate, fix it up a bit and rent it out on a yearly basis. reinvest your earnings into new properties, build up at least 5-10 of them, pay off your debts, make hella $$$
 
If I were you, i would start up an Ebay and sell exotic japaneese snacks. Shit, They mark that shit up like 400% and still, even i would pay it. People do it all the time.
 
13199155:MLJ said:
Markets are super sketch at the moment, and no apple isnt a "safe stock"

If you have the savings, (at least 10-15,000$)get a loan and buy some real estate, fix it up a bit and rent it out on a yearly basis. reinvest your earnings into new properties, build up at least 5-10 of them, pay off your debts, make hella $$$
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The market isn't any 'sketchier' than it normally is. Also, apple's a pretty safe stock to invest in, unless you're stupid and see them getting wiped out by another company. I invested in them a year ago and it's much less volatile than other companies I've invested in. It's not a get rich quick, but if you have money and you don't want to settle for the shit interest a bank will give you. I say put everything you have in apple, but that's also just me!
 
Seems like perceptions of the stock market are pretty hazy itt.

Pretty much anyone who gets into day trading is going to be a loser without professional help.
 
13199197:toastyteenagers said:
If I were you, i would start up an Ebay and sell exotic japaneese snacks. Shit, They mark that shit up like 400% and still, even i would pay it. People do it all the time.
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Not a bad idea, you can prob also sell via amazon
 
13199205:SourSteezle said:
The market isn't any 'sketchier' than it normally is. Also, apple's a pretty safe stock to invest in, unless you're stupid and see them getting wiped out by another company. I invested in them a year ago and it's much less volatile than other companies I've invested in. It's not a get rich quick, but if you have money and you don't want to settle for the shit interest a bank will give you. I say put everything you have in apple, but that's also just me!
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You should never invest everything in 1 stock. That is the most unsafe thing you can do. So many things can go wrong with that. AAPL isn't the safest. If you want safe, just invest in an index that mirrors the market. Market had a huge correction recently, though it was short. So now its on the up. Buy into something that mirrors the market and you have much less risk as opposed to putting it all in 1 company.
 
13199356:theBearJew said:
You should never invest everything in 1 stock. That is the most unsafe thing you can do. So many things can go wrong with that. AAPL isn't the safest. If you want safe, just invest in an index that mirrors the market. Market had a huge correction recently, though it was short. So now its on the up. Buy into something that mirrors the market and you have much less risk as opposed to putting it all in 1 company.
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the way I see it is as long as you watch the market everyday, and make sure to sell before you go into the negatives there's really no harm done. It's easy to tell pre market when it's gonna be a good day, buy in at opening, make a little money and make sure to sell if it ever goes below the initial investment. I just love it because it's free money and you literally don't have to work for it. Just need to sack up and trust the companies that you love and think will do well
 
13199155:MLJ said:
Markets are super sketch at the moment, and no apple isnt a "safe stock"
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There's always someone who says the market is "sketchy" but never give a reason why? So care to explain?
 
13199547:Paedophile-Pope said:
There's always someone who says the market is "sketchy" but never give a reason why? So care to explain?
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it's all imaginary.. and it can break
 
13199409:SourSteezle said:
the way I see it is as long as you watch the market everyday, and make sure to sell before you go into the negatives there's really no harm done. It's easy to tell pre market when it's gonna be a good day, buy in at opening, make a little money and make sure to sell if it ever goes below the initial investment. I just love it because it's free money and you literally don't have to work for it. Just need to sack up and trust the companies that you love and think will do well
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For you to beat the market at an interest rate > inflation, you realise you literally have to be better at picking stocks than the average person who buys stocks in the market and beat the transaction costs.

Think about the volume of investments and where the majority of them come from and you'll see that you are inevitably going to be far worse than average.

You obviously can make money through variance, but in the same way you could make money playing the lottery. It's almost 100% likely the strategy you described is a losing one.
 
13199356:theBearJew said:
You should never invest everything in 1 stock. That is the most unsafe thing you can do. So many things can go wrong with that. AAPL isn't the safest. If you want safe, just invest in an index that mirrors the market. Market had a huge correction recently, though it was short. So now its on the up. Buy into something that mirrors the market and you have much less risk as opposed to putting it all in 1 company.
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This is completely correct. Dont even just invest in one market, diversification is key.

13199409:SourSteezle said:
the way I see it is as long as you watch the market everyday, and make sure to sell before you go into the negatives there's really no harm done. It's easy to tell pre market when it's gonna be a good day, buy in at opening, make a little money and make sure to sell if it ever goes below the initial investment. I just love it because it's free money and you literally don't have to work for it. Just need to sack up and trust the companies that you love and think will do well
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No. The stock price has fairly little to do with how "well" the company does, it is based on stock demand/supply. Then there is after hours trading which can screw you over. Also, stocks often fall or rise hugely in a fairly small amount of time, and since you have around a 30 minute delay between the price changing and when you can buy because of reporting delays/purchasing delays with your broker. If you are trading really often, you will most often lost money, especially if your broker charges per trade rather than per share, as you really wouldn't be trading more than 500-1000$ bucks at a time, and your returns wouldnt be 1%+ a day on average.

So no, your technique is not "safe" At all, although it could work it does not mean it will, and day trading is a shit, sketchy investment anyway. If it was as easy as you say, all stock traders would be billionaires, but they arent. At all. You could make a modest income if you are really good, and only if you are REALLY good do you make lot of money. And anyway, all the really rich people dont do day trading, they purchase longer term companies, or parts of companies ie venture capital investment and owning capital in really promising upstarts and smaller businesses, which are usually not listed on public exchanges anyway.

"sack up and trust" is what caused the great depression. and no, it isnt free money to clarify that point.

Sorry bro

And to OP, reselling on Ebay would be a decent "safer" option if you want that. You could really make some serious bucks off that if you're smart. There are a whole load of things that are a hell of a lot cheaper in asia, so take advantage of that and sell it on worldwide. The UK might be even better than the US as a target market cause shit is way more expensive here, so you could charge more and assuming you have an interesting product that people want, you will still sell.
 
13199696:MLJ said:
Sorry bro
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No need to be sorry, it's been working for me.

And to whoever brought up transaction costs, if you're concerned about a 10$ fee for every transaction you make, the stock market isn't for you.
 
www.reddit.com/r/beermoney

seriously, browse there. they have so many ways to make extra cash, you just have to commit and keep doing it
 
13199757:SourSteezle said:
No need to be sorry, it's been working for me.

And to whoever brought up transaction costs, if you're concerned about a 10$ fee for every transaction you make, the stock market isn't for you.
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If you don't understand the significance of a 10$ fee in what is effectively a game where you have to be better than an average stock picker (bearing in mind the pros have a super high volume of picks compared to the amateurs, you) then the stock market isn't for you.
 
13199757:SourSteezle said:
No need to be sorry, it's been working for me.
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It's interesting to see the divide between market academics and actual traders. There's people with masters degrees in finance, and smart traders without any academic background will beat them.

In a bachelor's finance program any given professor will say tech analysis is a bunch of hogwash, then you get on Wall Street and see people using it left and right.

It's anomalies and heuristics such as those that made me switch to accounting. My risk tolerance is through the floor, and I'm terrible at math. Accounting is perfect.

p.s. just because a particular stock has consistently worked out for you does not make it safe. Apple's beta is at 1.26 right now, and the S&P has been swinging the last few weeks...
 
buy and sell limited sneakers. if u can become familiar with the market u can make a lot of moneys. i netted like 5k profit in 5 months essentially by logging into my computer on saturdays and buying a lot of shoes and then selling them on ebay. it's a little thing to do on the side that can add to ur income.
 
I made $5000 per WEEK sitting at home doing NOTHING!



pm me your credit card info to learn more!!!1

I can also help you grow your dick 3 inches in 2 weeks if you're interested
 
13200061:spintowinG said:
If you don't understand the significance of a 10$ fee in what is effectively a game where you have to be better than an average stock picker (bearing in mind the pros have a super high volume of picks compared to the amateurs, you) then the stock market isn't for you.
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Or you can quit being a pussy and wait for a disaster to happen. Investing based on companies that are affected by disasters is the easiest way to make a shit ton of money. I love how the stock market is based purely on stupid people speculating, its so predictable.
 
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