Money What Is the Purpose of a Futures Market? There are many other reasons but here is one that is easy to understand. You are a jeweller who makes a million wedding rings a year. You have accepted wholesale orders for they next 5 years at $10 per ring. Written by William G. Hill October 16, 2019May 4, 2020
Money Is Playing Poker a Good Career Choice? Up until a while ago I would have said playing professional poker makes about as much sense as expecting to live off of regular lottery winnings. Written by William G. Hill October 16, 2019May 4, 2020
Money How Can I Make Infinite Returns on Zero Investment? I would only invest in special situations where with your own unique expertise you see and can always cash out profitably from opportunities that others cannot see. To “invest” in things that the general public hears of only because someone is touting that “investment” in order to make money Written by William G. Hill October 15, 2019June 6, 2020
Money Is This a Good Time to Buy Gold? The good thing about gold is that it is liquid — you can cash out immediately at any coin shop and many banks. Unlike stocks, bonds and paper money, it will always be worth something. It requires no care or management. You can stash it where only you have access. The price of gold over the years c Written by William G. Hill October 15, 2019May 4, 2020
Money How Do You Become Rich Without Becoming an Entrepreneur? Step one would be to become very well known in a profession that makes a lot of money. Partners in a major law firm can earn well over a million Euro a year. Same with securities traders in Wall Street firms like Goldman Sachs. Likewise surgeons, psych-analyst and other medical specialists. All stre Written by William G. Hill October 14, 2019May 4, 2020
Money As You Get Rich Does It Get Easier to Get Even Richer? If you start at the Blackjack table with a $1 chip, and you bet it, the most you can make is $1. You have a better than 50/50 chance of losing it all. If you start with a $50,000 pile of chips, you can bet a lot more and win more or lose more. Written by William G. Hill October 11, 2019May 4, 2020
Money Is It True That the Only People Who Get Rich Are Authors of Get Rich Books? This is the common belief of someone who got scammed once or twice on some unrealistic scheme like multi-level marketing. “The only people who get rich are the authors of those books.” Not entirely true. Some books are worthless. Some are not. But in any case, you can’t just read, or go to sem Written by William G. Hill October 8, 2019May 4, 2020
Money How Can the US Be in Debt When We Print Our Own Money? That is like asking a farmer who grows corn and owes someone 6 bushels of corn, “How can you be in debt?” Easy! Farmers borrow today to buy seed and fertilizer today to pay off their debts with crops that will come in tomorrow. Of course I mean here that today and tomorrow can be a year apart! Written by William G. Hill October 8, 2019May 4, 2020
Money Can You Make Money with Minimal Effort? Are there people who earn considerable income by setting something up and then raking in income with minimal additional work? There is no such thing. It’s a nice fantasy that some people want to believe. In the real world, every business requires as much competent care, nurturing and feeding Written by William G. Hill October 7, 2019May 4, 2020
Money How Can I Pay off Debt with No Money? How do you pay off debt when you are broke? One way to do it is to go to the creditor, prove you are broke, and want to avoid bankruptcy. Written by William G. Hill October 4, 2019May 4, 2020
Money What Is the Best Job to Become a Millionaire? No job is the best job. While a very few employees (well under 1%) will advance to millionaire status, the odds are against it unless you become a partner in a major law firm, financial outfit like J.P.Morgan or similar. Written by William G. Hill October 4, 2019May 4, 2020
Money What Is One Good Habit That Can Make You a Millionaire? Never spend more than 3% of your gross income on consumption. That is, food, rent, cars, clothing, etc. Invest 97% preferably in your own little side business. Written by William G. Hill October 4, 2019July 23, 2020
Money How to Start Trading Precious Metals like Gold or Silver? What should be the budget to start? You don’t need any special budget. Probably allocating 10% to 20% of your total savings to silver (and if you can afford it) gold bullion coins seems like a good idea for a passive investment. Gold takes up a lot less space. Written by William G. Hill October 3, 2019May 4, 2020
Money Is It worth Investing in the Stock Market? Stock market investing is not the best shoot. But I am diffident about any global conspiracies. In the 2007–2008 crisis generally blamed on a conspiracy of greedy “banksters”. I saw other factors at play. The government abolished racial and other restrictions on lending. Rather than get sued, Written by William G. Hill October 1, 2019May 4, 2020
Money Who Inherits Wealth from the Millionaires If There Is No Will? It would be rare for a millionaire to have no will, but it does happen sometime because some people think they are immortal. If someone has no will, and no legal heirs are found, it escheats to the state. That means the government takes it. Written by William G. Hill October 1, 2019May 4, 2020
Money What Is Unequal Distribution of Wealth? When people hear about “Distribution of wealth” they think there is some greater power that distributes wealth, but there isn’t. And there shouldn’t be. Written by William G. Hill September 30, 2019May 4, 2020
Money How Rich Is Too Rich? For one answer consider what happened when the old USSR broke up. All wealth was in the hands of one “authority” who most people thought could be trusted to do things intelligently and fairly. Everything was privatized. All the workers got equal shares in the enterprises they worked in. (Yes I k Written by William G. Hill September 30, 2019May 4, 2020
Money What Is the Number One Thing All Businesses Need? It should be wanting to generate cash, also wanting not to lose it. What comes first, the chicken or the egg? If you are in the biz of selling chickens, best to make chickens your priority. If you are in the biz of selling eggs, make that your priority. Written by William G. Hill September 30, 2019May 4, 2020
How-To Business Travel How to Start a Remote Business Interested in knowing how to start a remote business? Check out the listed steps to take in order to set up your first remote business. Work from wherever you happen to be. Written by William G. Hill April 9, 2020July 24, 2020
How-To Business Travel 17 Ways to Make Money as a Photographer | Travel Edition Quick Summary ↬ Learn 17 profitable ways for making a living as a photographer. Learn how to recognize opportunities in the photography business, what to avoid and how to wear many hats to take on multiply assignments. Have you ever wondered how to pitch your photography business to models? How to Written by William G. Hill November 23, 2019June 10, 2020
How-To Business How to Start an Email Marketing Business Summary ↬ A promotional letter or an online advertising message introduces, plugs, or promotes a product or service. Most of us consider a promotional letter “junk mail”, but we also think successful marketing letters are nothing less than an art form. Learn how to compose an email letter that Written by William G. Hill November 17, 2019June 2, 2020
Business How-To How to Become a Copywriter – Hands on Guide Quick Summary ↬ Every business needs one thing more than anything else: sales. If you can help them sell more of their products or services, successful entrepreneurs will hire you on the spot. Why? Because you are making them money without any risk or downside to them. ↬ I write for a living, bu Written by William G. Hill September 23, 2019May 4, 2020
Business How-To How to Become a Finder of Missing Heirs Finder of Missing Heirs is an easy business to get into. If you want to be successful, this line of business can work for you, as long as you are truly committed Written by William G. Hill June 30, 2019July 23, 2020
