The Katana: Rough Waters On The Horizon
Friday’s post entitled, “The People Asked To Get ROCKED And A Boulder Fell On Their Heads” wasn’t supposed to go up. I’m trying to limit the amount of big government love related posts, but “every time I try and get out, they pull me back in” with their shear madness! Hence, I apologize to readers for the John Edwards of the world. At least politicians make life a little less boring sometimes.
The Samurai Fund is down 2.7% YTD, which compares favorably to the S&P 500 down 3.7% YTD. Still, losing money is disappointing and I wonder if we have to change our outlook and investments given the anti-capitalism rhetoric by the government. Should we raise cash? Sell some of the winners? Need some thoughts from the contributors and readers in general who have investments in the markets.
Perhaps now is the best time to open up the fund to 2 or 3 new entrants given the declines. I will need help from someone to do a screen shot each week, because my 12″ monitor can only fit 17 entries!
VIDEOS AND POSTS OF THE WEEK
* Flexo over at Budgets Are Sexy guest posts an article entitled, “How Conan O’Brien Wants You To Succeed.” Conan’s speech was very moving and tells us never to be cynical, take care of the people who brought you here, and appreciate what you have.
* “Blogging For Money” on Monevator is an older post that captures a very cynical view on making money on-line. It’s a good wake up call for all of us, but don’t let the pessimism get you down. Join and succeed in Samurai’s Alexa Challenge, and you will flourish.
* “Interview with Seth Godin” on Untemplater is good video interview Jun hooked up. Although I don’t agree with some of Seth’s messages, he makes some good points.
* “What’s Your Take On Paid Book Reviews” on Lazy Man is somewhat of a misnomer, because the person “paid” is the PR person and not the blogger. The PR person is providing a service to the author. I absolutely love getting free books I want to read, and give them away to y’all.
* “Your Mind And Your Money” is a series of posts by Roger, The Amateur Financier. Really good effort to discuss the mental aspects of finance Roger.
* David over at Money Ning highlights a video about what to do just in case your gas accelerator gets stuck in response to Toyota’s (-8.5% YTD) massive recall. Unfortunately, The Samurai Fund is a shareholder. Key points: Don’t panic, press your brakes hard, put in neutral, turn off the car.
* “Make Money Freelance Writing” is a guest post on PT Money by Debbie Dragon (yes, real name). The money making potential is impressive, as well as the revelation that there is a blogger out there who bought 600 articles to put on his/her blog!
* “Waikiki Site – Is There A Demand For My Niche?” from Ryan talks about his new business venture, with the help of David at MBA Briefs! That’s some great collaboration guys! Thanks for highlighting a couple tools for SEO keyword phrases. David, lend me some of your expertise too if you get a chance.
* “Should Kids Work In High School?” asks Wojo. My thoughts are they should for some experience, but to stop as soon as work affects school even for just a little bit.
* “The Samurai Alexa Challenge” on Sweating The Big Stuff is a great initiative by Daniel-san to aggregate the participants from the original post. Daniel-san will hopefully add some new tweaks, because the competition is not between us, but a challenge for ourselves. The goal is for us to collaborate and help each other out. Anybody who would like to join the challenge, please say so in the original post with your rank and send Daniel-san an e-mail.
Keiju (Regards),
Sam @ Financial Samurai – “Slicing Through Money’s Mysteries”
Follow on Twitter @FinancialSamura and subscribe to our RSS or E-mail feed.
Related posts:
- The Katana: Advertising For A Cause
- The Katana: Help Haiti If You Can 1/17
- The Katana: Lauching The Samurai Fund To Prove A Theory 12/28
Related Blogs
- Related Blogs on The Katana: Rough Waters On The Horizon
about 6 months ago
Advertising
The money that bloggers earn often comes from advertisers that place advertisements on your blog or web page
Whenever one of your readers clicks on an advert or buys something via clikcing from your blog, you will earn revenue, which is money
The trouble is, this money isn't usually very much, just a few pence, so to earn a lot of money from this, you need to get lots of HITS to your site
This means you have to write about something that a lot of people will search for, such as a soap opera on TV, or well-used products and brand names
This pursuit soon becomes all about the money, rather than what you are actually interested in, or helping people, you just want hits
It is difficult to find the right formula to get enough hits to earn a decent wage, but it is possible. It will take market research, and the studying of fashion and market trends, to predict when to blog what, in order to get maximum hits.
A prime example of this is blogging about the latest children's toy such as a video game console at Christmas. It's guaranteed you will get a lot of hits then, but there are plrnty more trends to watch for.
The other way to earn money, which is more reliable but equally difficult and competitive, is to score a job with a company that pays you to write a blog about a specific subject. For this you will need writing skill or talent, as well as a bit of luck.
You may need to be at least 18 to legally do either job, I'm not sure. Just watch out and only go with a reputable company, as the majority of companies out there who offer to make you money are just scams.
about 6 months ago
theyre good but can always improve the 2nd one was my fav 1