33rd Carnival of Making REAL Money – July 2009

By | June 30, 2009

This is the 33rd edition of the Carnival of Making Money Online. I’m delighted to offer this limited list of top quality articles that are vetted from the original list of submissions. It’s always a pleasure to read through these submissions. So enjoy, and thrive in summer 2009~! It seems my reputation is getting around! I screen posts rigorously for spammers, non-blogs, repetitive entrants… So out of 142 entrants, I am presenting the top 10% of submissions to this month’s Carnival of Making REAL Money. It looks like we’re heavy on investing this month, which must be a sign that the stock market is recapturing people’s attention as we move into the summer months.

Personal Wealth

Four Pillars asls the obvious question about Dave Ramsey: Is Dave Ramsey A “Financial Expert” and then goes on to provide “a discussion of Dave Ramsey and his methods.” On a similar note, KCLau looks at Why Robert T. Kiyosaki is a best-selling author? which is posted at KCLau’s Money Tips. He reckons “Robert T. Kiyosaki is the best personal finance author I follow. I started reading his books back in 1999. Although some reviews you found written by readers on Amazon say that he keeps repeating most of the points, I still find them interesting every time. It works as a revision whenever he repeats.” Of course, not all pundits agree.

Relax provides some notes on How to become rich at The Wise Curve. Indeed, “…the door to become rich elite is open to us…”, though he fails to state anything more than the most obvious. Now if we can only find one of the keys to open it! To which MoneyNing provides a simple ‘key’ in his post Turbocharge Your Savings with Certificate of Deposits (CDs) posted at Money Ning saying “Certificate of Deposits are boring but it’s a guaranteed way of capital preservation!”

Investing

Patrick @ Cash Money Life looks at the age-old question: What is investing? posted at Cash Money Life, and examines “The differences between investing, saving, and trading,” whilepuneetkapoor2000 presents THE ART OF SELECTION – PART 1 at KuberKhana -Indian Stock Fundamental Analysis. He reckons “Stocks beat every asset class in the long run. However the question of choice is confounding. This article attempts to demystify the process.” The Smarter Wallet presents Investing In The Stock Market? Rules To Help You Sleep At Night posted at The Smarter Wallet , though his rules appear pretty simplistic.

Glowing Face Man looks at Short Term Assets vs. Long Term Assets which you can find at Glowing Face Man: Awaken the Badass Within. He comments “Longterm investment and passive income are all the rage these days, and for good reason. But it’s also possible to go too far. Sometimes, short term beats long term.” Jae Jun from Old School Value takes on The Art of Selling Stocks. Jae Jun writes “Buying a stock is only the first half of the equation. It is the easy half. Knowing when to sell and having a strategy to lock in gains is even more important.” Praveen looks at some of the trading rules he uses in Sometimes You Bend Your Trading Rules… from My Simple Trading System. He suggests, “Taking an early profit to ease your comfort in a volatile market.” AndInvesting School presents The Rule of 72 posted at Investing School, saying, “A neat mathematical trick to calculate when your investment will double!” It’s a pretty useful rule of thumb to figure out your returns!

In the current markets, thoughMichael Cohen tells us Don’t Bet On A Soft Landing Into The New Normal from his blog at Debt, Economics, Boom and Bust. He notes, “There are those predicting a new normal of 1-2% economic growth. We will likely not ease our way into that sort of situation.” This is a theme picked up on other blogs, already. MeanwhileSilicon Valley Blogger suggest some of the Best Online Stock Brokers For Cheap Stock Trades posted at The Digerati Life, saying, “Make money by investing and using the best brokers around!” Oh, if only it were that simple!

Online Riches

This week’s online riches section turned out to be rather weaker than I first though. However, four writers made the grade.

FitJerk presents Fit Jerk Talks SEO Techniques, Internet Marketing & Laws To Run A Business Online posted at FlawlessFitness, saying, “Why isn’t your website getting any traffic? Why isn’t your online business making money? And why does your Google ranking SUCK? The 4 secrets to online success revealed…” I wish it were that simple getting traffic, but it isn’t! Robert Alan also provides some good advice in his post Guide to Marketing and Advertising Your New Website posted at Bill Hazelton , saying, “Guide to advertising and marketing your website the first 90 days after you’ve launched.”

If you’re making money online,Jason G presents Drop shipping and Ecommerce posted at The Powersellers Union Blog, saying, “The Power Sellers Union is a drop shipping wholesale site that helps its members to learn how to start an e-commerce business from home with little or no experience.You can learn to make money on Ebay or your own website in no time dropshipping products at below wholesale price using real wholesale dropshippers.” AndPeter OBrien suggests 5 Ways Niche Review Templates Can Make You More Affiliate Income posted at Free Internet Marketing Tips , saying, “A great way to make more affiliate income is to increase your chances by promoting more than one affiliate product. With Niche Review Templates, you”

And if you’re interested in having your blog featured, remember to … submit your own work ONCE only, with a suitable comment to the carnival. Chances are you’ll be accepted. It always amazes me how many people fail to follow that simple rule.

Good luck to you all,

Kenneth from Carnival of Making REAL Money