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If you are a regular reader, you know that I recently completed four hours of training on a concept that I call Amazon Flipping. The more generic term for the strategy is retail arbitrage. The idea is based on the strategy of buying items offline that you can turn around and sell for more online. I cover this in a lot more detail on the videos, but the rule of thumb is you need to find items you can resell for about three times your cost. This allows you to cover Amazon's fees and still pocket a net profit of... Read more →

As we enter into another Christmas shopping season, one thing is clear - tablets and E-Readers are taking over the marketplace. With costs coming down, the tablet computer has become ubiquitous. Who doesn't have a tablet computer these days? The other interesting development is to watch how the Amazon Kindle has morphed into a fully functional tablet itself. Fast quad-core processor up to 1.5 GHz—2x the speed and over 3x the graphics performance of previous generation Fire HD for quicker apps and smooth videos Beautiful 6" HD display—Crisp, vivid HD display (252 ppi / 1280x800) with over a million pixels—perfect... Read more →

I don't know if you remember the old TV show The Equalizer. I absolutely loved this show. Edward Woodward was perfectly cast as the main character, Robert McCall. The Equalizer was a retired spy that used his background and special skills to help ordinary people get justice (when the authorities were of no help). By the way, if you missed it, the movie version starring Denzel Washington came out just a few weeks ago. The movie version was a bit more violent than the TV show (see trailer below). You have to love The Equalizer because he was ready, willing,... Read more →

Digital Book World’s latest bestseller list reveals that there are five self-published ebooks among the top 15, with three of those having recently ascended into the top 10. These authors are fighting it out with such renowned names as James Patterson, Clive Cussler, Bill O’Reilly, and John Grisham for their spots atop the list. Is there a bestselling ebook lurking inside your brain right now, just waiting to be written? There may well be, but the prospect of enjoying chart-topping sales is by no means the only reason to get started in the world of ebooks; the fact is that... Read more →

I have spent the last two weeks researching a concept that I call Amazon Flipping. It all started with an article I read. This led to reading multiple books, articles, blog posts, and then watching dozens of YouTube videos. If you are a regular reader, you know that I am as skeptical as they come. Now that I am convinced that it is completely legit, I feel like a total fool that I didn't discover it sooner. What Is Amazon Flipping? Simply put, you find low priced items to buy and then turn around and sell them at a higher... Read more →

This is the time of the year when people start to scramble for extra money. The first idea many people come up with is to sell unwanted items. I love the idea of having a big garage sale, or simply selling things you don't need on eBay or Craigslist. Most of us could easily pick up a few hundred dollars (and as a side benefit end up with a clean garage). I want to share with you in this article is how to tap into an asset you already have that could be worth thousands (maybe even hundreds of thousands... Read more →

With just three weeks until Christmas, most families will now begin the scramble to come up with the funds to pay for everything. I know I will get the e mails from those that disagree with the overly commercial direction Christmas has gone. I agree with the notion that Christmas should not be about spending a lot of money. Nonetheless, even for those that don't plan on buying extravagant gifts, the holiday season usually pushes all of our budgets to the limit. My children are all adults now and my wife and I don't have to buy Furbies and 'Tickle... Read more →

A $1 Billion Dollar Bet Against A Well Known Home Business Opportunity

Herbalife Ltd, one of the world's largest distributors of weight loss and nutritional products, is facing an unusual financial challenge. Hedge fund mogul Bill Ackman says the company is a pyramid scheme and has taken a short position of $1 billion dollars. A short position allows Ackman's hedge fund to profit if the stock of Herbalife goes down in value. Ackman sold the company's stock short on Dec 19, 2012. Since the Ackman short, the stock has lost about 30% of its value but has slowly recovered its loss and is nearly back to its prior levels. Herbalife has been... Read more →

The Latest In The World Of Rewards, Discount, and Cash Back Programs

Over the years, my opinion of rewards programs has been all over the map. There were times when I was very excited and involved with certain programs and other times I had absolutely no interest. My view has always been if can I get cash back or rewards on purchases that also make good financial sense, why not? As an example, I would never pass up the best airfare deal simply to keep building points with a certain airline. I do know people that are rewards fanatics that live and die by the programs that they participate in. I have... Read more →

How People Are Making Money Working Online

One of the most common complaints that we receive is from individuals that have been taken advantage of by one form or another of a "work from home opportunity." I imagine that the idea of working from home is so appealing that you could wrap just about any business opportunity inside that promise and generate a large amount of interest. I can share with you from my own personal experience that working from home is much more enjoyable than being an office environment (at least for me). For about 20 years I worked in a typical office, woke up early,... Read more →

It has been fascinating to watch the implosion of the mortgage marketplace over the last five years. What has been even more interesting is how the industry and the government has dealt with the mortgage meltdown. We have heard the announcement of countless mortgage modification programs, most of which have turned out to be far too confusing and restrictive and helped just a small percentage of troubled homeowners. With the banking industry in its worst position since the Great Depression, the process of obtaining a loan modification is becoming much easier in recent months. There are also new government financial... Read more →

PayPerPost - A New Way To Make Money On The Internet

In recent months, I have found an ever increasing interest in strategies and ideas on how to make money on the Internet. In fact, due to the level of interest on this topic I am coming to Chicago on June 28 to present an all day workshop on Internet marketing. Click here for Chicago seminar information I just interviewed Randy Mountz, VP of PayPerPost (Izea) on the paid blogging opportunity. Click here and select the June 12 Podcast. A new method of making money on the Internet has emerged and will be the topic of today’s blog. PayPerPost, is an... Read more →

How To Make A 2nd Paycheck With An Online Business

Today I want to share with you my favorite kind of business, Internet based businesses. My favorite thing about an Internet business is that anyone can start one and create the appearance of a big organization, even though they may just be working in a spare bedroom in their home! Think about it, in just about any other type of business, you would be out there renting space, hiring employees, and investing lots of money in your start up. Most people can start a basic Internet business for less than $100. Christian is an online business and I want... Read more →