my new experience with pay per post

My experience with PPP has been positive and negative. But mostly its been
positive,as it has required me to learn about html and also look at the web
from their point of view.

I found PPP through a goggle web search after my blog was considered not
acceptable to google adsense. Its funny that just after I posted a warning, to all
who visited my blog, about a credit card company that was a real ripoff. I found
myself without ad support from adsense.

I started this blog to both answer questions about investing and credit card use,
like I do at All Experts.com, and raise some income to start saving money for my 2
girls college fund as well as pay for the bills that come with raising two beautiful
girls in this day and age.

PPP has also allowed me to meet others here at PPP and at their other site Social
Spark. Those people also showed me some other AD opportunities by going to their
blogs. I also found their blogs helpful in seeing what type of bog posts are needed
to qualify to be accepted as a POSTIE.

It took me 3 months of research to become a Postie as my time is limited. I am a 48
state truck driver by trade and that takes up 60-80 hours of my day. Its been a real
pleasure to learn about PPP and other sites and I would have never had the
opportunity to learn about them if I had not found PPP. Its amazing how a simple
google search titled GETTING PAID TO BLOG has changed my life.

One thing I would recomend to new people coming to PPP is how to place the ad code on
your blogspot blog. I thank Project Wonderful, for the info about the, necessary and
needed HTML/Javascript link, page element that needs to be added to any blogspot
blog. This link can be titled whatever you like and then you paste the code in the
content box.

That is also how you place other AD code on your blog as well as the PPP AD code
on your blogspot blog.


I thank PPP for helping me improve my knowledge of the blogging world and the
ability to help me improve my income earning capability. This will allow me to help
improve my daughters lives and give them the extras that my parents could not afford.


This is one reason why I have been willing to share my experiences in investing and
credit card management for free at All experts.com for almost 10 years now.

Thank you PPP for your resource to allow me to share my opinions on other topics and
earn revenue in the process to improve the quality of my families lives.

I think Pay Per Post is a great way for advertisers to get exposure. Here is the link.

get paid to blog

drive traffic










href="http://www.payperpost.com/?utm_source=opportunity&utm_medium=disclosure%2Bbadge">

I hate wannabies and I loved Good Will Hunting

The bar scene from the movie Good Will Hunting is the perfect example of rich wannabies

thinking they are better then the rest of the world.

The priceless line of course is you just dropped 150k on an education you could have
gotten for a 1.50 in late charges from the public library.

The rich boy then acts superior and will counters with a challenge that the rich wimp backs off from.

The NSA scene So accurately describes what babybush did in the army reserve and now as

a true lameduck prezeldent letting the oil companies shaft us with oil hikes.

That I wonder if the repubs got their whole game plan from this movie.

If you ever run into someone who has no clue what they are doing but is so arogant in their insistance that they expect you to follow their lead.

RUN AWAY FROM THEM.

A perfect example of this is that loser Amarosa on the Celebrity Apprentice. EVEN

when defeated she still Launched a slander campaign on the person who destroyed her.

She had the gall to infer he was gay.

WHAT A LOSER SHE IS.

Be aware of discount stock brokers offering cheap commissions

These brokers are usually small operations who use a clearing house for their trades.

The main question to ask these guys is whether they offer those very cheap commissions

when you make a limit trade. Usually you will find that they only offer these cheap

commissions on market orders. And you end up paying more then the difference in the

commission when the market order executes 5 cents higher than your limit order would

have.

David Horowitz once said these words

BE AWARE AND INFORMED AND DONT LET ANYONE RIP YOU OFF.

Watch out for state farm Insurance company

I have found State farm to be the king of bad faith when dealing with their own insured as well as 3rd party when their insured hits you.

These are direct examples of my dealings with State farm.

My home was broken into 3 times in a 6 month period in the early 1990's.

State farm asked me if I knew who robbed me, It was my belief that friends of my roommates had broken in, So I told state farm this in case they might have luck investigating and arresting them.

Instead State Farm clearly took the position that I was the cause of my home getting Robbed and refused to pay 2 of my 3 claims.

The only reason they paid my 3rd claim is I had removed all my roommates.

And even though I had replacement cost coverage. they only paid me the depreciated value on any and all items that were no longer made and therefore not replacable with like items.

Ie I paid a higher premium for nothing.

Then in 1996 their insured made a left turn in front of me and for 6 months State farm contended that I was at fault because I was able to jam my brakes on fast enough that their insured caught my front bumper with their rear bumper.

This case was resolved in small claims court 8 months later to my favor.

Every time I hear that slogan

LIKE A GOOD NEIGHBOR STATE FARM IS THERE

I mentally add TO BEND YOU OVER AND GIVE YOU THE SHAFT.

IN MY HEAD.

One of my best friends car was stolen, and the only reason he got a fair settlement is his father,a lawyer,called the adjustor and threatened a 1st party bad faith lawsuit.

Ie DEALING WITH STATE FARM WITHOUT AN ATTORNEY IS AN INVITATION TO BE SHAFTED.

Good Luck

Is restoring a car a good idea

Well lets look at that from an economic view.

I currently own a 1972 mustang Mach 1 and a 1977 corvette.

Both have a top value of 25k and both have a median price of 15k and a low price of 10k.

So the question is this, is it worth buying a non runing starter unit for 2500 and putting 7k into the engine and trans and interior.

I say yes but you must be willing to learn to do the basics of bodywork and engine tuning yourself.

The trick to restoring a car is knowing the vin and if you have matching numbers.

then the work is worth it.

AS a medium restore of these 2 cars with say 10k total invested is still worth a 5 k profit.

Plus they are getting rare so the price will only go up on a well restored car.

a 5k return on a 3 year restore with 10k invested is 50% or about 16% a year.

Plus you got the pleasure and prestige of driving the beauty.

So to me for the pleasure value its worth it.

Driving is not a job its a way of life

People say dang trucker as they pass us on the road.

And we say dang 4 wheeler to those that cut us off,

or race to pass us as their lane ends.

I really question the mentality of someone in a 4000 pound car that cuts in front of my

80,000 pound rig with only 1 car length or less of space.

Do they have a clue that I cant stop as fast as they can?

Do they realize that if I hit their rear end, they will either spin out and flip,or

worse,I will run right over their car and crush and kill them.

Thats my worst fear on the road.

I really question those that enter a 65 or 70 mile and hour freeway at 50-55 with a

cell phone in one hand and only one hand on the steering wheel.

Don't they realize that the law states they must enter at freeway speed or slow down

and let the traffic next to them pass.

When I honk my horn to warn them I cant get over, and its something the law says I don't have to do.

Dont they realize that simply pressing hard on their gas pedal will allow them to enter ahead of me.

Remember you have a 200-300 horsepower engine driving a 4000 pound car.

I have a 600 horsepower engine pulling 80,000 pounds.

Who do you think will move faster if they put the pedal to the metal.

I have to anticipate your style of driving both in my rig and on my harley, If I don't

want to be in a possible deadly accident.

Please help me do my job to get your groceries and your paper towels and your cereal.

Please give me the same respect you would give me on my motorcycle.

Please let us both live today.

Thank You

The important things in my life have changed

When I was single,back in 1997, my most important things were my Harley and my 66 T bird.

Its amazing how the birth of my daugeters in 1999 and 2003 changed this direction of thinking.

When they were first born,there was no describing the warm feeling in my gut that I felt as my little babies, in my arms,smiled and reached out to grab my finger.

The wide eyed look of total trust was so heartwarming,that I nearly cried with happiness.

Now as I drive for a living and am away 3 weeks at a time, I look forward to them running up to my rig and giving me a big hug and kiss, when I pull into the driveway.

The greatest pleasure I get is taking them to the playland at burger king and watching them enjoy the play area. Then we share a quick snack and then go to the park if the weather is good.

I still own 2 paid for Harleys, but playing with my girls is much more important and fun, then the feel of the wind in my hair.

My life is my wife and my girls now, and giving them everything I did not have growing up is my greatest pleasure.

Dividend reinvestment is a loser bet in my opinion

The reason I dont reinvest dividends is that I feel its a rippoff.

Consider the fact that you are locked into buying stock on 1 day and 1 day only, every 3 months.

Now consider the fact that the specialist who controls that stock knows he has probably 1 million people who will buy at least 1 share of stock on that day.

Tell me why that specialist won't jack the price up on that day, after he dropped it a few days or weeks before when he accumulated shares.

Every dollar he raises the price is a dollar pure profit on a million shares.

I have traded this specific trend and made a profit for many years.

A real example of this is cat in aug of 2007 and or Nov of 2007.

NOTICE how the price dropped within a couple days of the ex div day.

That was the specialist covering short sales he made on the ex div day.

This is only my opinion.

Playing quarters in stocks

This is a theory I use when I play leap call options or a small priced stock like DPL dayton power and light or RGR strum ruger.

Basically quarters means 25 cents and out.

I track a stock back 10 years using its graph and compare the years looking for a consistant rise or fall in a consistant 3 month period.

I look at what the average rise is.

You must have at least a consistant 5 buck in a stock rise to play quarters with leap call options.

Leap calls that are good for at least 2 years and that are no more than 20 bucks out of the money will rise at a rate of 25-30 cents on the dollar.

In my experience this is what I have seen.


I have found that a 5 buck expected rise will give you a 3.50-4.00 buck play range

Since most options have a 50 cent spread between their bid and ask, a 3.50 move in the stock gives you a 75-90 cent rise in the leap option.

After the 50 cent spread is subtracted, you have a 25cent to 40 cent profit.

A stock option controls 100 shares, so the 25-40cent profit is worth 25-40 bucks per contract.

So 5 contracts means 125- 200 gross profit

Now most leaps I play cost 500-700 a contract, so five contracts cost 2500-3500.

So if you make 125 on a 3500 investment you made about 3.5% return.

If you do this 5 times a year, you made 15-18%.

Timing the sale is easy, you simply enter a good to cancel sell order,at your chosen price, 5 min after your buy order executes.

I have done this with stock options on high quality stocks like Ibm and Cat Caterpiler, and Dis Disney

I have done this with pure stocks like Rgr and Dpl

The so called stock repair or averaging

This is something that brokers push to make more commissions.

Here is an answer i recently gave.

I have bought cpl hundred shares of morgan stanley last october,and now its trading $10 below my purchase price..do you think applying stock reapair strategy would help me break even or cover any of my losses. if yes, who is the best person to ask? someone from my brokerage firm?or anyone else?please write me back at your earliest convience.


OK so you have say 200 shares of morgan stanley valued at 47 a share

ie 9400 worth.

Now looking at the 5 year chart of MS,

it shows a trend toward going sideways from may to jun then dropping from jun to jul

in 3 out of 5 years.

That tells me I have a sell signal right now

MY OPINION ONLY BUT THIS IS WHAT I WOULD DO IN MY PORTFOLIO

IF your loss is only 2000 now

I would look at other stocks that you have a profit in

and take that profit while you take the loss in MS

ie you break even.

As for stock repair or stock averaging or whatever they call it now

I CALL it good money after bad

ASK ANY person who repaired or averaged priceline when it dropped from 130 a share to 2 a share.

But Merril Lynch said it was a great repair stock.

Now why do you think Merrill Lynch is now called ING.

Stock repair or averaging is where you buy at 50 and it drops to 30 so you buy again

hoping it goes to 40 and you break even

or whatever your stock repair plan says to do

In the long run I have lost

so I just don't do it any more

period

good luck

2 weeks later I gave this follow up

Hmm its a couple weeks later and MS is 42.95 ie its down 4 bucks

from the 47 price it was at when I suggested to you to sell.

I hope you did

good luck

Tyler Hicks stated The secret of success in business is the effective use of other peoples money

IN my opinion this is a stone cold fact.

My own belief is that investing can be considered a business.

The good thing about Schedule D investing is that if you have a bad year and a major loss in one year.

You can carry that loss forward to the next years and use it to offset gains.

SO if you lose say 30k in 2003 and in 2004 and 2005 you made 12k a year.

That 12k a year or 24k total would be tax free. because the 30k would have a 27k carryover in 2004 and a 12k carryover in 2005.

The other 6k was sent to your form 1040 as a loss to be written off against your ordinary income at a rate of 3000 a year.

30k loss in 2003 became 3k going to your 2003 1040 as a loss and a 27k carryover for 2004.

In 2004 you made 12k profit on sch d, so you have 27k - 12k equals a 15k loss and then 3k goes to your 2004 1040 as a loss. So you carry over a 12k loss to 2005.

You made 12k profit in 2005 so its zero'd out by the 12k loss you carried over from 2004.

This is why I consider investing a business that you might consider funding with a low interest life of the loan balance.

ONLY USE A LIFE OF THE LOAN TRANSFER.

This is only my opinion

Is paying down your equityline with a lower interest credit card balance transfer a good idea

In my opinion its not a good idea to pay down an equity line loan using a lower interest credit card loan.

One reason is you lose your tax deduction as credit card interest is not deductable.

2nd reason is your payment on the credit card loan is based on a 7 year loan.

the equityline loan is based on a 15 year term.

That means the mininmum required monthly payment is lower on the equityline loan.

you also can pay more if you wish to reduce the principle owed.

So my main reason to not reduce an equityline loan is this.

You can either pay a lower tax deductable home loan payment and risk paying more in IRS taxes.

Or you can keep the higher payment and the higher tax deduction and use the low interest credit card loan to invest.

AS I DO

Refinance an auto loan using a low interest balance transfer

If you can take a 6.5% 15k auto loan and change it to say a 4.99% life of the loan credit card balance transfer.

You will save money if you continue to pay the same payment as the car loan was.

This explanation will include a balance transfer fee of $200.

A credit card is a 7 year term that floats.

This is why the minimum payment will drop each month.

Thats the catch the credit card companies use.

A 20 k auto loan at 6.5% will have a fixed payment around 370 a month.

The credit card at the same rate will be 340 the first year but around 300 a month 6 months later.

All you have to do to accomplish saving yourself money, is to pay the same payment you had paid on your auto loan.

With the 2.5% difference in interest, you should pay the loan off a year or so earlier then with the auto loan.

A 200 buck fee is equal to 1.3% of your 15k balance.

So in the first year your loan interest cost you4.99 = 1.33 or 6.32%.

In the later years it will cost 4.99%.

To approximately calculate the average interest, you pay in a year, take 5% of 15k ie 750 and subtract it from 15k ie 14250

5% of 15k is 750 5% of 14250 is 712

Add 712 to 750 and divide by 2.

so 1462 by 2 is 731

divide 731 by 12 months and you have your approx monthly interest in year 1

repeat for year 2-7.

The only way this loan will cost you more interest then your old loan.

Is if you only pay the reduced monthly minimum each month.

I would simply pay exactly what I paid for the old car loan, If I could afford it.

The beauty of the credit card loan is you have an option to pay less in a tight month and stay current.

JUST DON'T BE LATE ON YOUR PAYMENT, EVER

You can also select a higher deductable insurance plan. REMEMBER the car is paid off the loan is on your credit card.

That saved premium can also be applied to the loan.

FREE,the cheapest way to get your credit score

The cheap way is to apply for credit cards till you get denied

then you are entitled to one free copy of your credit report per year

the denial letter will give you the contact number for the credit rating institution they used.

You can achieve this same result by asking all your credit cards for a large credit increase.

1500- 2000 this will usually never get approved,

and now you have been denied credit and are able to get that one free report per year.

Or you can simply pay for one. NOT AN OPTION I WILL EVER DO.

Call your credit card company and ask them for the customer service number of the credit reporting agency they use.

This way costs around 8- 15 bucks

I am not sure anymore as I always get mine for free

YES I AM A CHEAPSKATE

I also never pay those credit finder outfits that offer a free report

as the fine print will get you ripped off 90% of the time.

leap call option strategy

This is a procedure I do everyday with leap call options

Example Ibm is 124.70 today

Its been moving sideways for the last 2 -3 weeks.

The range has been 123-127.

Unfortunately this means using an option you might make 30-50 a contract.

Options only appreciate 30 cents on the dollar.

So if you bought the option 'Wibaf' the IBM ,Jan 2010 expiration, 130 contract for say 1000 a contract ask price.

The bid price would be about 930-950

The bid price is what you could sell that option for

So if the stock moved 4 bucks to 127 the option bid price would appreciate 1.20 based on a 30 cent on the dollar rise.

It should be 1050-1070 probably 1050.

This 30 cent on the dollar return on the options is the typical rise I have seen over the last 20 years of trading. ON options that are long term and close to the money. IE no more then 10-15 bucks out of the money. So if you go out past 140 you decrease your return possibility.

BUYING a shorter term is a loser bet to me.

So now you made 50 bucks a contract profit. So say you spent 5k and bought 5 contracts,you would make 250 gross about 225 net, based on a Charles Schwab round trip of 10-12 bucks a side. He is MY broker so I know the price.

If you spent 12k for 12 contracts which is what 100 shares of the stock approximately costs.

You would make 600 less comission. ie prob 550 net, On the options.

AS opposed to 400 gross made on 100 shares of stock bought at 123 a share and sold at 127 a share.

This kind of trading requires timing and tracking your chosen stock,very closely.

The reason I like Ibm is there are consistant patterns that show 10-15 buck drops an rises.

That gives me the opportunity to make 3 - 5bucks a contract profit.

So 5k invested could pay back 3-5k profit.

And you only tied up less than half the cost of 100 shares of the stock.

Graph the stock back 10 years and you may see these patterns too