Question 2: Supplment day job income from home?

With the economy in the bad state that it is, many people are coming to the realization that their day jobs aren’t quite enough to sustain them through all their payments and daily expenditures. When the paychecks come in, they are more often than not already allocated to different portions of their budgets. There are phone bills, electricity bills, cable television, water and more. And for families, there are usually extracurricular activities that the kids partake in that can also cost quite a bit of money in the long run.

Which leads to our question we are going to answer today

All this combines to make it that our latest question asking user has been wondering if there is not a way in which he could make a bit of extra income from home in his spare time. Of course, this is a question on many people’s minds and there is a lot of information on the internet dedicated to figuring out how to do this in the most effective manner possible.

The short answer is that yes, it is possible to make some extra money from home. However, it does require some initial startup time that just has to be dedicated to the completion of this goal. Whatever method is chosen to make some money from home, is it absolutely essential that it be taken seriously if success is to be had. So without further ado, here is a list of popular ways people make some extra money in their spare time.

Online affiliate marketing

Many people like using the internet as a way to make money because it traditionally requires very little in the way of startup costs. And one of the more popular ways of making some money with the internet is by doing what is called affiliate marketing. Affiliate marketing is a form of marketing where the affiliates earn a commission when they successfully refer a sale for a vendor. There are many ways to learn how to do this and one of the more popular courses that teach this is without a doubt Google Sniper.

What people generally do is build a website and build it up to get as many visitors as possible to it. Then, once they have that, they place advertizements at different places across their sites that are related to the topic of the website. If a website visitor clicks on one of those ads and makes a purchase, a commission is sent to the website owner who referred the sale. People love it because it is simple and there is no need to create a product and build an audience for it.

At home business opportunities

These have been around for a while and are probably not going anywhere anytime soon. There are programs where people can apply and sell stuff to people and earn a commission. We’ve all met somebody who sells Tupperware containers or who gives us Amway catalogs. And often times, many of these programs actually have some good products to sell.

There are a few pitfalls that many people fall victim to. Most people are just going to try and sell this stuff to their friends and families and if this isn’t done right, it can really piss of some people who are close to you. Selling is an art form just as much as it is difficult, so tread carefully. Also, while there are many legitimate business opportunities available, there are many that are just not worth it and are more closely resembling scams. Be careful and avoid anything that even remotely resembles a pyramid scheme.

There are loads of other opportunities

You just need to look. The internet is chock full of information on business opportunities that you can really earn some good money with. It is just important to be cautious and remember that if it sounds too good to be true, it IS too good to be true. So be careful and go out and earn some money with that spare time of yours.

New blog! Also, first question answered: Saving money from oblivion?

Welcome to my new blog. As you’ve probably noticed, it’s called oxtersolutions.com and just as the name implies, we are going to be offering solutions to inquiries that come into us via our sister site’s (who shall not be named) mailing list. That way, we hopefully can help out a few people who are looking for information on particular topics. So without further ado, let’s get going.

Our first question

Our first question comes from a person who is concerned with the current and future state of the economy. This person has asked us: “I’m currently approaching the midpoint of my career and I’m growing more and more concerned about my retirement and whether or not the money I have and am saving will maintain its value throughout my twilight years. Given that the state of the US economy is unpredictable at best, I want to know what is the safest way to invest my retirement funds so that they don’t lose their value over time”.

That’s a great question and one that should be concerning a whole lot of people, not just people approaching retirement. Young people who are just at the beginning of their careers should also be looking into this RIGHT FREAKING NOW because the US dollar offers no guarantee. We’ll also look into why setting up a gold IRA is the best option right now and how companies like Regal Assets can help people do that quick and easy.

Why is the US dollar unpredictable and unreliable?

Let’s start with the obvious question. Why is it that the US dollar is always going up and down? Here’s a little history lesson. Up until the early nineteen-seventies, the US dollar was backed by gold. What that means is that each and every US paper bill represented a set amount of gold that was held by the US treasury. So, holding paper money was the equivalent of holding gold in your hands. And, because there was only a set amount of gold in the reserve, there was only a set amount of dollar bills that the United States government could print. And if at any time a citizen holding paper money in their hands wanted to trade that in for gold, they could do it without any fees or anything. This was done to make trading and buying stuff easier since paper money is obviously a lot more convenient to carry around than coins and bars of gold. That stuff get heavy,

USD vs gold

A look at how the US dollar has fared compared to gold.

However, in the early nineteen-seventies, the US government made the announcement that paper currency would no longer represent a set amount of gold and that it could no longer be simply traded in for gold. At this point, the US economy became what is known as a fiat currency, i.e. not backed by anything but make belief. This is what many people believe is the greatest heist in the history of humanity. People essentially trusted their government with their gold and overnight the government decided to keep it all for themselves, basically saying “trust us”.

The printing press gone wild

Now since the dollar was no longer attached to gold, this left the US government free to print as much money as they wanted. However, the catch is that each and every dollar printed diminished the overall value of each dollar. That is why a loaf of bread used to cost a nickel and how today it costs 3 to 4 dollars.

What’s the solution? Going old school

The solution to getting out of the whims of the US dollar is to “go back in time” and buy gold. Of course, this entails buying it on your own dime and terms but given that gold doesn’t fluctuate and has only risen over the last 50 years or so, it makes it the best investment you can make with your money. You can easily see for yourself, as the US dollar has dropped consistently, the price of gold has risen just as predictably. Of course there are minor up and down fluctuations day to day but the overall trend is one of growth, always has been.

Find a good gold IRA company

Most Americans have their retirement money placed in a retirement account, either an IRA or 401(k). However, what most don’t know is that that money can be placed into precious metals such as gold via a gold IRA account. There are many companies out there that specialize in helping people setup their own precious metals IRA and all you have to do is look around.

So to our reader who first sent in this question, there is your answer: gold. It will never lose its value because it cannot be created. Sure, there is a cost involved since it is a purchase, but there are great tax benefits and once again, it carries little to no risk.