A Good World Cup But…

Still no broadband!!! Only a few more days to go though… Unbelievable! Fortunately the WiFi-fon has held us up so must be thankful for that.

On the bright side I have read so much more than I normal do and have come up with some great ideas so that’s good.

Seriously though I have often found myself wondering how much time I actually need to spend online? All my online activities are running as normal yet I’ve only spent around a 1/2 of the time that I normally do maintaining them. Although I have done very little of my normal research, and have found no new products to sell.

If you haven’t read it The Chimp Paradox: The Mind Management Programme to Help You Achieve Success, Confidence and Happiness
is well worth a go, it’s all about managing and controlling your brain and I found some new mind management concepts in there and overall it’s a very interesting book.

I haven’t had the chance to finish the eBook update but it’s in my top 10 of things to do once the BB is back on.

It’s been great to watch the world cup and we all love it, but England are getting worse. Hodgson I find irritating and gormless, and hasn’t got the tactics right at all. But the players lack the passion and grit to win.

Vince Stanzione done a good post on what shares may rise and why during the world cup that you can read here.

Is the Internet Getting Smaller?

As a trader we are now officially in the quiet period, some still sell in May and go away, others hold on to their stock but expect minimal profits, even more concentrate on other areas of business; for me that means looking at improving my websites and increasing traffic and looking at ways to increase sales on Amazon, but it’s far from easy work.

One of the great things about financial spread betting is the fact that you don’t have to rely on your position in the search engine results to make money! Obviously if you have never tried to make money online that statement will mean very little but for others like me it’s a huge factor.

When the internet was new and evolving the world seemed so much bigger, like it really was a world wide web… but if you think about it now, the internet revolves around Google! And if you’re shopping, Amazon and eBay… Nine times out of ten if you are searching for any sort of physical product, be it a Sun Hat or HD TV the Google results direct you to Amazon or eBay so you may as well just go straight there. If you’re researching something specific like Gandhi the top listings on Google regularly point you to wiki.

So if you’re serious about making money online you need to be selling physical products on Amazon or eBay, trading the markets, or have a real niche site or product that will get to the number one spot with ease. It seems a bit sad to be honest but it’s true. Long gone or forgotten are all the other search engines by most… GOTO, Altavista, Dogpile to name a few. How often do you use another search engine other than Google?

Don’t get me wrong there are lorry loads of money to be made online but you have to be realistic as to where you are going to make it. As I have recently told you I have swapped eBay for Amazon and although it’s been a learning curve I can see it being a really smart move. Amazon is so much better than eBay in so many areas its unbelievable, and the biggest factor is that they send out your products and handle customer service… So you get a lot more time to concentrate on the important business or recreational things you wish to do.

As they say on the stock exchange “don’t buck the market” but it can be aptly applied to building a business online. If you’re not on the front page of Google you’re not in the race and if you’re not selling on Amazon you’re missing sales!


Back from Holiday

As I told you in my last post our broadband service got disconnected by mistake, so my partner and I decided to use have a quick break whilst everything got sorted out. Unfortunately we STILL have no broadband but BT gave us free Wi-Fi for the inconvenience caused by them; although not ideal it’s better than nothing and we have been assured we will have broadband back within 2 weeks.

I shall do a thorough update on everything over the next couple of days as I’m catching up on everything now we have some reliable internet service again, even if it’s a bit slow.

Something for you to ponder on, having no internet if you’re a trying your hand at day trading more or less puts you out of business if you’re working from home, so you could be losing far more than other long term trend traders by the simple fact you can’t trade. My positions do not need my constant attention so it’s not so bad. Just another point I thought to mention.