Bob Doruma Journal

Tuesday, December 30, 2008

Are Paid Surveys A Legitimate Way To Make Money?

Many people wonder if paid online surveys are really legitimate ways of making money from home.Yes, they are, but you have to know what you are doing and have realistic expectations.

One of the reasons those who are looking for a source of income online find paid surveys suspicious is because they wonder why companies or marketing researchers would need their opinion and why they would be willing to pay for it.Can it be real?Yes, it's real.These marketing research companies just can't find enough people to survey about their product, which might be a test-market product.So they turn to consumers.

They are willing to pay you for your answers because:


1.

What they save in telephone and direct mail costs by comparison is a small fortune.
2.If they can accurately assess their product, the amount of profit they can earn is very great and quite easily covers the expense of paying all those who participate.
3.Since they want accurate answers, they know they need to give a good incentive so you'll take your time and be honest.

If these companies are real and willing to pay for your opinion, is it possible to turn survey taking into a huge home business?This is where you have to be realistic.Yes, you can make a nice home based income from paid surveys.

If you are single and have no children, it's possible, depending on your other circumstances, that you can take paid surveys full time and not need a j-o-b.If you're married and have kids, you can use this business as a very nice supplemental income, and if your spouse is the major bread-winner you could do the survey business full-time while still having a completely flexible schedule.

Let's be honest here; you are not going to get rich from paid surveys.How much you can earn depends on a few factors.

You first need to know what you're doing.For one thing, this means finding the legitimate, quality online survey sites out there.

Next, you need to understand that you won't fit the demographics looked for by these marketing researchers for all of the surveys out there.You might not fit for a lot of them.This means you will need to sign up with a large number of companies.That can be a lot of work on its own.Just a tip: middle-class mothers are the most-preferred demographic.

Still, you can expect to make over $1,000 a month if you take paid surveys consistently, which, again depends on your demographic profile.Few surveys pay more than $10 and the vast majority pay less than that; but if you can find just a few of those to do every day you could potentially hit the $1,000 a month mark.If you did a few more, even of the ones that pay just a few bucks, you might even reach $1,500 a month.

To really maximize your income potential from surveys, also sign up for focus groups.These pay more money than surveys.An average for a focus group is $100.They can take as little as an hour of your time or up to a few days or weeks.You can also find telephone surveys that would pay you for similar amounts of time.

If you can find at least $30 worth of surveys a day plus three focus groups/telephone surveys per week, you can easily bring in even higher amounts.

So, yes there are legitimate online paid surveys out there.Are they always easy to find?No.Is it possible to make a nice living from them?Maybe, depending on how often you fit the profile companies are looking for.If you sign up to a lot of companies and sign up for more as time goes on, you should do just fine.


About the Author

Chris Simpson is dedicated to helping people earn money online by helping them find legitimate work at home opportunities and home based business ideas.

Find legitimate online paid surveys and many other work at home jobs today at: www.HomeNetPro.com


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Friday, September 5, 2008

Using Automated Investment Strategies To Invest Wisely

Ideally, investors try to buy a store whenever the prize has reached a support level a level at which the price is as low as it will go and advertise the stockpile whenever it strikes a resistance level a level at which the prize is as pricey as it will go. This is lighter stated than accomplished. More investors end up absent out on a recurrent arise by anticipating for a reserves to plummet originally, or put up for sale way to beforehand by underestimating how expensive the reward will go. In this piece of writing, we will put put concentration on the two certain common strategies that you can use to invest without effecting to restlessness as regards to promote timing.

Dollar expenditure averaging DCA is an investing recipe meant to relax appearance to dice interconnected in addition to causing a single large acquire. According to this formula procedure, shares of accumulations are procured in a specific number on a given ceaseless reason all the time journal, apart from of innovative action. The theory is that this will conduct to larger earnings overall, for more modest numbers of shares will be bought when the cost is costly, while heavier bulk of shares will be purchased when the value is low.

An example of DCA may be as follows: If I want to know to buy 1,200 shares of IBM stockpile by means of DCA, then I may possibly find out to acquire 400 shares of IBM per month on top of the way of the then three months. Allegedly, throughout month one, the prize of IBM may be 105 per allotment, and subsequently it may well stoop to 95 per part all through month two, and then get on my feet to 100 right through month three. If I obtained all 1,200 shares during month one, I would tolerate cost me 105 per allotment. But, by spreading the purchase above a three month occasion, I managed to buy IBM at an average prize of 100 per portion.

The quintessential jumble of via DCA is that you may not be maximizing your overall yield. If there is an authorize that a sure store is recently undervalued and could hop up in reward, you may possibly truly class less change by the use of DCA than if you had paid for all the shares in the kicking off prior to the bounty skyrocketed. So, it is not always a coming first policy to spread your purchases above a epoch of age.

Appraise averaging, as well got wind as dollar examine averaging DVA, is a technique of forcing to an investment assortment to give bigger generate than akin recipes such as dollar worth averaging and haphazard investment. In addition to the course, investors give a contribution to their portfolios in such a way that the range contrast increases by a set aggregate, in any case of publicize fluctuations. As a outcome, in periods of publicize declines, the investor bequeaths spare capital riches, once in periods of market climbs, the investor bequeaths less.

Here is an case in point of DVA: I desire to invest in Yahoo by the use of DVA. For the sake of dispute, we will say that Yahoo is currently 10 per allotment. I decide that the review of the measure I am running to invest on top of the road of 1 per annum will rise up, on usual, 1,000 each quarter as I style extra finances. If I use DVA, I invest 1,000 to start. If, at the end of the first quarter, the part price has risen to 15 per part, that gizmo that the appraise of my investment is now 1,500, which tool I will competently skill to invest 500 at the commence of the second quarter in demands to transfer the total total of my investment for the primarily and sec quarter to 2,000. So, I am investing less as the accumulations prize increases.

In the prolonged run, dollar examine averaging commonly works more proficient than expenditure averaging given that judge averaging results in less money individual invested as the collections prize works up, whereas as well as expenditure averaging you resume to invest the matching number of dollars regardless of the allocation bounty. Nonetheless, neither of these stragies are inevitably consummate-verification. Style assured you get hold of something as regards to the agency you are going to invest in ahead deciding which policy will befitting help you to stay away from the pitfalls of market timing.


Almost about the Creator

Jim Pretin is the owner of

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