Electronic Trading: SuperDOT

Initially introduced as DOT, the SuperDOT system (Super Designated Order Turnaround System) is an electronic system used to place orders for stocks that are listed, which usually refers to those trading on the New York Stock Exchange (NYSE). Keep in mind that SuperDOT is not to be confused with an electronic communication network (ECN), which we will discuss next.

The SuperDOT order-routing system facilitates the transmission of both market and limit orders directly to the trading post (and specialist) where the particular security is traded. This allows for a more efficient transaction because the order can be delivered directly to the specialist rather than phoned down to a floor trader and done manually. SuperDOT can be used for trades under 100,000 shares with priority given to orders of 2,100 shares or less. More than three-quarters of the orders executed through the NYSE are done through the assistance of the SuperDOT system.

After the order has been executed, the report of the transaction is sent back to the broker through the SuperDOT system. This means faster execution of the order and faster reporting of the trade. While most individual investors cannot have access to SuperDOT directly, there are complimentary systems offered by many brokers that replicate similar order executions provided by SuperDOT.

Originally, the SuperDOT system was designed for small order entry, but increasingly, SuperDOT has played a big role in portfolio or basket trading.

Electronic Trading: The Role of a Market Maker

Market makers compete for customer order flows by displaying buy and sell quotations for a guaranteed number of shares. The difference between the price at which a market maker is willing to buy a security and the price at which the firm is willing to sell it is called the market maker spread. Because each market maker can either buy or sell a stock at any given time, the spread represents the market maker's profit on each trade. Once an order is received, the market maker immediately sells from its own inventory or seeks an offsetting order. There can be anywhere from four to 40 (or more) market makers for a particular stock depending on the average daily volume. The market makers play an important role in the secondary market as catalysts, particularly for enhancing stock liquidity and, therefore, for promoting long-term growth in the market.

Market makers must maintain continuous two-sided quotes (bid and ask) within a predefined spread. A market is created when the designated market maker quotes bids and offers over a period of time. They ensure there is a buyer for every sell order and a seller for every buy order at any time.

Once the market maker has entered a price, he or she is obligated to either buy or sell at least 1,000 securities at that advertised price. Once the market maker has either bought or sold these shares, he or she may then "leave the market" and enter a new bid or ask price to make a profit on the previous trade.

For example, let's say that a market maker has entered a sell order for Microsoft (MSFT) and the bid/ask is $65.25/$65.30. The market maker can try to sell shares of MSFT at $65.30. If this is what the market maker chooses to do, he or she can then turn around and enter a bid order to buy shares in MSFT. The market maker can bid higher or lower than the current bid of $65.25. If he or she enters a bid at $65.26 then a new market is created (referred to as making a market) because that bid price is now the best bid. If the market maker attracts a seller at the new bid price of $65.26 then he or she has successfully "made the spread." The market maker sold 1,000 shares at $65.30 and bought these shares back at $65.26. As a result, the market maker made $40 (1,000 shares x $0.04) on the difference between the two transactions. This might not seem like much, but doing this repeatedly with larger order sizes can provide lucrative profits. All day long market makers do this, providing liquidity to individual and institutional investors. The major risk for the market maker is the time lapse between the two transactions; the faster he or she can make the spread the more money the market maker has the potential to make.

However, making money from the differences in bid and ask prices is not the only function of market makers. Their first priority is to provide liquidity to their own firm's clients, for which they will receive a commission. They may also facilitate trading for other brokerage firms, which is very similar to the duties of a specialist.

It should also be noted that market makers are required by law to give customers the best bid or ask price for each market order transaction. This ensures a fair and reasonable two-sided market. If these regulations were not in place, customers' profits would be gouged and share prices would be much more volatile than they already are.

Stock-Picking Strategies: Value Investing

Value investing is one of the best known stock-picking methods. In the 1930s, Benjamin Graham and David Dodd, finance professors at Columbia University, laid out what many consider to be the framework for value investing. The concept is actually very simple: find companies trading below their inherent worth.

The value investor looks for stocks with strong fundamentals - including earnings, dividends, book value, and cash flow - that are selling at a bargain price, given their quality. The value investor seeks companies that seem to be incorrectly valued (undervalued) by the market and therefore have the potential to increase in share price when the market corrects its error in valuation.

Value, Not Junk!
Before we get too far into the discussion of value investing, let's get one thing straight. Value investing doesn't mean just buying any stock that declines and therefore seems "cheap" in price. Value investors have to do their homework and be confident that they are picking a company that is cheap given its high quality.

It's important to distinguish the difference between a value company and a company that simply has a declining price. Say for the past year Company A has been trading at about $25 per share but suddenly drops to $10 per share. This does not automatically mean that the company is selling at a bargain. All we know is that the company is less expensive now than it was last year. The drop in price could be a result of the market responding to a fundamental problem in the company. To be a real bargain, this company must have fundamentals healthy enough to imply it is worth more than $10 - value investing always compares current share price to intrinsic value not to historic share prices.

Value Investing at Work
One of the greatest investors of all time, Warren Buffett, has proven that value investing can work: his value strategy took the stock of Berkshire Hathaway, his holding company, from $12 a share in 1967 to $70,900 in 2002. The company beat the S&P 500's performance by about 13.02% on average annually! Although Buffett does not strictly categorize himself as a value investor, many of his most successful investments were made on the basis of value investing principles. (See Warren Buffett: How He Does It.)

Buying a Business, not a Stock
We should emphasize that the value investing mentality sees a stock as the vehicle by which a person becomes an owner of a company - to a value investor profits are made by investing in quality companies, not by trading. Because their method is about determining the worth of the underlying asset, value investors pay no mind to the external factors affecting a company, such as market volatility or day-to-day price fluctuations. These factors are not inherent to the company, and therefore are not seen to have any effect on the value of the business in the long run.

Contradictions
While the efficient market hypothesis (EMH) claims that prices are always reflecting all relevant information, and therefore are already showing the intrinsic worth of companies, value investing relies on a premise that opposes that theory. Value investors bank on the EMH being true only in some academic wonderland. They look for times of inefficiency, when the market assigns an incorrect price to a stock.

Value investors also disagree with the principle that high beta (also known as volatility, or standard deviation) necessarily translates into a risky investment. A company with an intrinsic value of $20 per share but is trading at $15 would be, as we know, an attractive investment to value investors. If the share price dropped to $10 per share, the company would experience an increase in beta, which conventionally represents an increase in risk. If, however, the value investor still maintained that the intrinsic value was $20 per share, s/he would see this declining price as an even better bargain. And the better the bargain, the lesser the risk. A high beta does not scare off value investors. As long as they are confident in their intrinsic valuation, an increase in downside volatility may be a good thing.

Screening for Value Stocks
Now that we have a solid understanding of what value investing is and what it is not, let's get into some of the qualities of value stocks.

Qualitative aspects of value stocks:

Where are value stocks found? - Everywhere. Value stocks can be found trading on the NYSE, Nasdaq, AMEX, over the counter, on the FTSE, Nikkei and so on.
a) In what industries are value stocks located? - Value stocks can be located in any industry, including energy, finance and even technology (contrary to popular belief).
b) In what industries are value stocks most often located? - Although value stocks can be located anywhere, they are often located in industries that have recently fallen on hard times, or are currently facing market overreaction to a piece of news affecting the industry in the short term. For example, the auto industry's cyclical nature allows for periods of undervaluation of companies such as Ford or GM.
Can value companies be those that have just reached new lows? - Definitely, although we must re-emphasize that the "cheapness" of a company is relative to intrinsic value. A company that has just hit a new 12-month low or is at half of a 12-month high may warrant further investigation.
Here is a breakdown of some of the numbers value investors use as rough guides for picking stocks. Keep in mind that these are guidelines, not hard-and-fast rules:

Share price should be no more than two-thirds of intrinsic worth.
Look at companies with P/E ratios at the lowest 10% of all equity securities.
PEG should be less than one.
Stock price should be no more than tangible book value.
There should be no more debt than equity (i.e. D/E ratio < 1).
Current assets should be two times current liabilities.
Dividend yield should be at least two-thirds of the long-term AAA bond yield.
Earnings growth should be at least 7% per annum compounded over the last 10 years.



The P/E and PEG Ratios
Contrary to popular belief, value investing is not simply about investing in low P/E stocks. It's just that stocks which are undervalued will often reflect this undervaluation through a low P/E ratio, which should simply provide a way to compare companies within the same industry. For example, if the average P/E of the technology consulting industry is 20, a company trading in that industry at 15 times earnings should sound some bells in the heads of value investors.

Another popular metric for valuing a company's intrinsic value is the PEG ratio, calculated as a stock's P/E ratio divided by its projected year-over-year earnings growth rate. In other words, the ratio measures how cheap the stock is while taking into account its earnings growth. If the company's PEG ratio is less than one, it is considered to be undervalued.

Narrowing It Down Even Further
One well-known and accepted method of picking value stocks is the net-net method. This method states that if a company is trading at two-thirds of its current assets, no other gauge of worth is necessary. The reasoning behind this is simple: if a company is trading at this level, the buyer is essentially getting all the permanent assets of the company (including property, equipment, etc) and the company's intangible assets (mainly goodwill, in most cases) for free! Unfortunately, companies trading this low are few and far between.

The Margin of Safety
A discussion of value investing would not be complete without mentioning the use of a margin of safety, a technique which is simple yet very effective. Consider a real-life example of a margin of safety. Say you're planning a pyrotechnics show, which will include flames and explosions. You have concluded with a high degree of certainty that it's perfectly safe to stand 100 feet from the center of the explosions. But to be absolutely sure no one gets hurt, you implement a margin of safety by setting up barriers 125 feet from the explosions.

This use of a margin of safety works similarly in value investing. It's simply the practice of leaving room for error in your calculations of intrinsic value. A value investor may be fairly confident that a company has an intrinsic value of $30 per share. But in case his or her calculations are a little too optimistic, he or she creates a margin of safety/error by using the $26 per share in their scenario analysis. The investor may find that at $15 the company is still an attractive investment, or he or she may find that at $24, the company is not attractive enough. If the stock's intrinsic value is lower than the investor estimated, the margin of safety would help prevent this investor from paying too much for the stock.

Conclusion
Value investing is not as sexy as some other styles of investing; it relies on a strict screening process. But just remember, there's nothing boring about outperforming the S&P by 13% over a 40-year span!

Web Hosting

I will be starting up some new websites soon and have decided on my hosting service. They have so many options and things included and great prices. I am sure I will love their services. The service is Lunarpages, check them out by following this link.

Link to the 1st post in this series that has links to all the other posts:

My quest for financial freedom: Back ground for this quest

Main link to this blog:

http://quest-for-financial-freedom.blogspot.com/

Pfizer information

I have been thinking about and researching Pfizer for a while now. I really like this stock and want to purchase some shares. I wanted to post up some information about the company that I have come across that leads me to really like this stock.

First off they are paying a 9.64% dividend! That is like a 9.64% savings account! Here is some information about the stock.

Beta -- 0.66
Dividend & Yield -- 1.28 (9.64%)
Earnings/Share -- 1.20
Forward P/E -- 5.98
Market Cap. -- 91.12 Bil
P/E -- 11.35
Return on Equity -- 13.11
Total Shares Out. -- 6.74 Bil

Here is some information about the company that I found on MSN Money:

Pfizer Inc. (Pfizer) is a research-based, global pharmaceutical company. The Company discovers, develops, manufactures and markets prescription medicines for humans and animals. It operates in two business segments: Pharmaceutical and Animal Health. Pfizer also operates several other businesses, including the manufacture of gelatin capsules, contract manufacturing and bulk pharmaceutical chemicals. In June 2008, Pfizer completed the acquisition of all remaining outstanding shares of common stock of Encysive Pharmaceuticals, Inc. through a merger of Pfizer's wholly owned subsidiary, Explorer Acquisition Corp., with and into Encysive. In June 2008, it also completed the acquisition of Serenex, Inc., a biotechnology company with a Heat Shock Protein 90 development portfolio. In January 2008, the Company completed the acquisition of Coley Pharmaceutical Group, Inc., a company whose area of capability is immunotherapy with emphasis on Toll-like receptor research and development.

Here is their contact information:

235 East 42nd StreetNew York NY 10017
http://www.pfizer.com/
Phone: 212-5732323
Fax: 212-5737851
Industry : Drug Manufacturers - Major
Employees : 81,800
Exchange : NYSE


Pfizer Declares Q2 2009 Dividend
April 23, 2009
The Board of Directors of Pfizer declared $0.16 second-quarter 2009 dividend on the Company's common stock, payable June 2, 2009, to shareholders of record at the close of business on May 8, 2009.
So if you buy before May 8th 2009 you will receive $0.16 per share on June 2nd 2009.

Please check out my Internet Income Streams blog here:

http://internet-incomestreams.blogspot.com/

Link to the 1st post in this series that has links to all the other posts:

My quest for financial freedom: Back ground for this quest

Main link to this blog:

http://quest-for-financial-freedom.blogspot.com/

Earnings report 4/23/09

Check out this site, I have earned $43.00 for clicking on 10 second ads in the last 2 days on it!

http://www.richptc.com/index.php?ref=Skypher

My earnings to date 4/23/09:

• ClixSense-$8.20 http://www.clixsense.com/?2746864
• Your2Cents online surveys-$15.00
• Quans-$9.90 (They just started a new revenue sharing program that looks very promising, I have already received a $2.00 payout) http://www.javaist.com/quans/register.php?r=Skypher
• Bidvertizer-$2.13
• myLot-$1.01 http://www.mylot.com/?ref=Mykdiver
• Performance Bux-Just joined at $0.005 per add clicked I don't see much worth in this site. http://www.performancebux.com/index.php?ref=Skypher
• NoMinCashout-$0.52 http://nomincashout.com/index.php/Skypher.html
• FastClix- $0.35 Just joined. http://fastclix.biz/?r=skypher
• SmithBux-$0.48 Just joined. https://www.smithbux.com/index.php?r/Skypher
• AW Surveys-$27.00 for only 6 surveys that took me 30 minutes to complete. (I will post when and if I get paid, they have a $75 payout threshold)http://www.AWSurveys.com/HomeMain.cfm?RefID=Skypher
• NeoBux- $0.42 This is another PTC site that will not earn very much money, but I am willing to try it.
• PostParker-$0.36 This is a PTP site that I am trying out to see if it is worth my time. http://www.postparker.com//index.php?ref=Skypher
• Rich PTC-$4.00 This is a PTC site that I am trying out. You make $1.00 per click, but payout is $1000.00 so I do not know if this will ever be achievable. http://www.richptc.com/index.php?ref=Skypher
• Valuebux-$0.05 This is another PTC site that I am trying out also. http://www.valuebux.com/?ref=Skypher
• Kontera-I need to check my balance for an update on earnings. Site I use for the in text ads for this site (The blue double underlined words in the text of the posts)
• Infolinks- I need to check my balance for an update on earnings. Site I use for the in text ads for this site (The green double underlined words in the text of the posts)

Total from all investments and online stuff: $112.42

Please pick the sites that I am doing the best on and click on my referral links to join and partake in the profits!

Link to the 1st post in this series that has links to all the other posts:

My quest for financial freedom: Back ground for this quest

Main link to this blog:

http://quest-for-financial-freedom.blogspot.com/

Sqip.com

Check out this opportunity to get in on the ground floor of a site that will put myspace, facebook, twitter, etc... to shame! This will be the next BIG thing on the Internet!

http://affiliate.sqipcom.com/?user=Skypher

This site has it all! I know for a fact that you will not find a more comprehensive site on the web today!

Sqip.com is a "Networking Entertainment Communication Collaboration" that I just learned about and became a "Stakeholder" in. You receive 100 PEPs which at this time are worth 0.40 (UPDATE: they are worth 0.44 Euros now) Euros (44 Euros) for joining, which is your share.

Here are some of the features:

• Networking
• Communities
• Groups
• Videos
• Photos
• Music
• Web search
• Video search
• MP3 play lists
• Auctions
• Blogging
• Bookmarking
• File sharing
• B2B
• Biz Networking
• Market Place
• B2C
• Web/pop3 email
• Spam Shield
• Auto Responder
• Chat rooms
• Forums
• Dating
• Radio
• Video chat
• Conferencing
• Collaboration
• Multi Media
• Micro blogging
• Flat rate calls
• Flat rate mobile
• Shopping
• Hot deals
• Green Lotto
• Affiliates
• Stakeholders
• Partners
• Instant account
• Weekly payouts

Check it out now! Do not loose your chance to get in on the ground floor of this incredible opportunity to make a lot of money!

http://affiliate.sqipcom.com/?user=Skypher

Here is more information about some of the pages that will be part of this cutting edge site:

Homepage Portal:

The portal is packed with sites & features that are always free to use. There is so much to discover The affiliate and Stakeholder programs offer you a real business opportunity as Sqip grows & expands in over 30 languages!

MP3 Search:

Finding all the music you want is easy. Listen instantly & create multiple play lists. Another great free service you will discover in the Sqip portal.

Search the World Wide Web:

Search the web for whatever you want. Sites, videos, images, products, local info & more. Sqip search is fast with some great little features like 'quick look'

Social Networking & More:

Just one of several community sites you will discover in the portal. This one offers cool video sharing and much more.

The Market Place:

The market place lets you buy and sell. Whether you are selling B2B or direct to customers this site has what you need. Free listings, catalogues, image uploads & more.

Any questions? Find answers!:

Got a question? Want to share your knowledge? Sqip Answers lets you do that with text, audio and web cam video. Unlimited categories, best answers & quick find features.

Sqip Bids:

Unlimited FREE auctions. Bids tracking. Buy it now. FREE store. Ranking & rating. Sqip Bids has it all.

yournameATsqipmailDOTcom:

Your Free email account with advanced webmail, POP3. Contacts, File management,Spam Shield & Auto Responderyourname@sqipmail.com

Sqip Ads:

Pay per Click Contextual ads. Works exactly like Google...just much more cost effective. Advertise in our search engines or across the Net. Instant set up & Advanced tracking. Webmasters earn high % commissions

Dating:

Free dating offering Profiling, In depth search, Photos, Web cam, Messaging, Live chat, Favourites, Fans, Privacy protection.

Social Bookmarking:

Social Bookmarking with Multi media, favourites, tracking, sharing, rating & feedback

Sqip Messenger....simply broadcast:

Think Skype on steroids and you'll get the idea! IM,Voice//Video chat & multi user conference with collaboration/ broadcast desktop, flat rate land line/mobile and much more

Biz Space:

Create your Professional profile. Find new biz contacts. Get answers from professionals. Find jobs, projects, opportunities, partners & deals. This is the best biz Networking site out there...and it's yours to use for free within the Sqip portal.

Your Sqip Back office:

Whether you are referring new members or just following your Sqip PEP shares price your private, automated & secure back office is where you can manage your account. View real time reports, buy PEPs & Access your commissions.

So what are you waiting for sign up now before you loose out on this opportunity!

http://affiliate.sqipcom.com/?user=Skypher

Here are some more thoughts and information about this great opportunity!

SQIP - Could this be the next mega Internet success story? Now, I have no idea if this company will be a huge success or a big fat flop, I just have a really good feeling about this, and especially looking at all the features it will have. How can it fail?

If it is the next big success story, then many people will stand to profit in a big way and you’ll be glad you signed up. So do not hesitate! Sign up NOW, it does not cost you a cent to find out if this will be the next BIG thing on the internet!

http://affiliate.sqipcom.com/?user=Skypher

In a recent interview the CEO, Christian Fortune said he feels confident that this could be the next Internet business success story, similar to EBay and Google. He said that he had assembled a team of top notch professionals to pull this off.

I thought you may want to know about this too and at the least, check them out. They are giving 100 FREE shares in SQIP if you join "now until February 28, 2009" with apparently no catches. With each share equaling 0.40 Euros. So, if that's all you did was collect the 100 shares, without having to give any personal or banking info, or ss# to the company, my thoughts are, what have you got to lose?

NOTHING! That is right, NOTHING TO LOOSE!

http://affiliate.sqipcom.com/?user=Skypher

Possibly a LOT to gain for a small amount of time.

SO, WHAT IS SQIP??

Remember Yahoo in 1996?

Remember EBay in 1997?

Remember Google in 1998?

Imagine if you had grabbed some shares in the beginning!!! Well...SQIP is a new and very powerful social networking portal...at its beginning.

Again, for a limited time you get 100 shares free when you open your zero cost SQIP account by February 28, 2009.

The sqip portal is “jam packed” with sites and features that are always no charge to use. Sqip has developed some great partnerships to bring you the best in Web 2.0 and beyond. For example, Sqip Messenger has the same technology used by Skype, Yahoo, Google, AOL and many others, technology developed & licensed to them by a company who took one look at Sqip & partnered with them.

SQIP has some of the best designers, engineers, developers and creative thinkers working to bring us all something that will grow exponentially, simply because it delivers the features, tools and possibilities that we want & need.

Currently we are accessing all these types of sites individually, having to remember numerous log in names and passwords.

With Sqip its one-stop shopping baby!

Sqip is built on partnerships, collaboration and win/win deals with companies around the world getting involved in making it happen. GET THIS… SQIP’s advertising stakeholders share all the earnings and benefits.

SOME OF THE FREE PERKS OF SQIP…

~ Unlimited no charge auctions and stores.

~ Biz networking- profile and find new business contacts.

~ Social Bookmarking with: tracking, multimedia, favorites, sharing, feedback, etc.

~ Zero cost Dating: profile, in depth search, pictures, webcam, messaging, live chat, favorites, fans, privacy protection.

~ Zero cost email accounts.

~ Selling B2B or B2C: no charge listings, catalogs, uploads, & more.

~ Sqip messenger will blow away the competition: IM, voice/video, etc.

~ Sqip Answers.

~ Back office: your referrals, stakeholder shares, & commissions.

~ Earn commissions on referral purchases 5 levels deep.

~ Sqip’s Towah Master Card.

Think of SQIP as kind of like combining: Yahoo, Twitter, Google, MySpace, Linkedin, Ebay, YouTube and Facebook combined. Then throw in some "Red Bull" to the mix.

MY PERSONAL THOUGHTS ON THIS ARE…

I have nothing to lose by signing up, telling some friends, and waiting to see how things go with Sqip.

If you agree with my way of thinking, then you NEED to join free and tell some friends.
For a very short time get 100 shares at NO CHARGE when you open your Zero cost SQIP account today.

Visit Sqip and see what this is all about. It isn’t even launched yet, but you can see screen shots of what’s to come and what can make you money by joining for free and sharing the information just like I have. I'm still learning this too, but VERY excited to get in on the ground floor of what could be the next big internet success, far and above what anyone else has seen before.

To jump on this train before it picks up speed click on the link below and join for free.

http://affiliate.sqipcom.com/?user=Skypher

Link to the 1st post in this series that has links to all the other posts:

My quest for financial freedom: Back ground for this quest

Main link to this blog:

http://quest-for-financial-freedom.blogspot.com/

Pay to click adds

I just joined 2 new "In text" ad services.
They are Kontera (the blue double underlined words), and Infolinks (The green double underline words).

I will be reporting on this blog how well they work or do not work. They are just 2 more streams of income for the site.

The way they work is when someone clicks on the ads I get paid a set amount depending on how much the advertisers are paying.

If you want to click on the ads to help me out, or you are interested in the product, please do so, but do NOT click on them too much, or click on things you are not interested in. If this happens my account will be deleted.

Link to the 1st post in this series that has links to all the other posts:

My quest for financial freedom: Back ground for this quest

Main link to this blog:

http://quest-for-financial-freedom.blogspot.com/

Financial Freedom forging ahead

My earnings to date 4/10/09:

• ClixSense-$6.25 http://www.clixsense.com/?2746864
• Your2Cents online surveys-$13.00
• Quans-$1.78 (They just reduced their payout from $0.02 per post to $0.01 per post so I just lost 1/2 of my money) http://www.javaist.com/quans/register.php?r=Skypher
• Destroy Debt-DO NOT PAY ANY MORE
• Bidvertizer-$0.79
• myLot-$0.97 http://www.mylot.com/?ref=Mykdiver
• Performance Bux-Just joined at $0.005 per add clicked I don't see much worth in this site. http://www.performancebux.com/index.php?ref=Skypher
• NoMinCashout-$0.18 http://nomincashout.com/index.php/Skypher.html
• FastClix- $0.05 Just joined. http://fastclix.biz/?r=skypher
• SmithBux-$0.06 Just joined. https://www.smithbux.com/index.php?r/Skypher

Total: $23.08

Link to the 1st post in this series that has links to all the other posts:

My quest for financial freedom: Back ground for this quest

Main link to this blog:

http://quest-for-financial-freedom.blogspot.com/

Post Parker Site

I just joined another paid to post site, I will let you know how it goes. It pays between $0.01 and $0.07 per post depending on the quality of the post. It also has a refferal system that pays $0.005 per post of your refferals.

Here is the link to the site: http://www.postparker.com//index.php?ref=Skypher

Link to the 1st post in this series that has links to all the other posts:

My quest for financial freedom: Back ground for this quest

Main link to this blog:

http://quest-for-financial-freedom.blogspot.com/

My earnings update

My earnings so far:

• ClixSense-$5.29 http://www.clixsense.com/?2746864
• Your2Cents online surveys-$12.00
• Quans-$1.33 http://www.javaist.com/quans/register.php?r=Skypher
• Destroy Debt-$1.08 http://www.destroydebt.com/cp/affiliate.aspx?trk=3101
• Bidvertizer-$0.27
• myLot-$0.97 http://www.mylot.com/?ref=Mykdiver

Total: $20.94

Link to the 1st post in this series that has links to all the other posts:

My quest for financial freedom: Back ground for this quest

Main link to this blog:

http://quest-for-financial-freedom.blogspot.com/

Pay to post

Update: This site no longer pays you to post!

Yesterday I joined a new site that pays you to post on forums and blogs. It is not a get rich site, but can supplement your income.

I recommend this site as a way to add a little more money to your pockets. You can also earn money from your refferals for one year after they join.

So far I have spent about 30 min on the site and have earned $0.76.

Here is some info about it from their website:

http://www.destroydebt.com/cp/affiliate.aspx?trk=3101

Destroy Debt Affiliate ProgramAt Destroy Debt, our primary goal is to provide you with the advice to get out of debt, but we also want to reward participation by providing a little extra cash to help you get out of debt. To facilitate this, we offer a revenue share program that allows you to earn money every time you contribute to the discussions at Destroy Debt.

The rates are:
$0.02 per forum post - (Excludes "General Discussion" section)
$0.02 per blog or article comment We also want to make sure we are rewarding you for the quality of content, not just the quantity. To help with this we also offer:
$5 per 1000 impressions on any blog post you create. Since we also want to grow our community, we have extended our affiliate program to also pay you for every contribution your friend makes for the first year (your friend gets paid too).

How Much Will I Make?Probably not enough to retire off of, but it can provide extra cash, especially if you refer a handful of active members. You'll receive $0.50 just for a member signing up through your affiliate link and participating in any way (forum post, blog post, comment), plus you'll also receive credit for all their participation for the next year.

When Will I Be Paid?All payments will be sent via PayPal on the first of each month as long as the amount owed is at least $10. If the amount owed is less than $10 that balance will cary over to the next month.

Do I Get Credit For My Own Posts?
Yes!

Do I Get Credit For Every Post?For the most part yes. If the post are blatant spam, reposted content from other sites or junk posts they will be moderated or deleted. You will not receive credit for any posts that we have to delete but all others you will receive credit for.

Do I Get Credit For Every Page View?You get credit for each unique page view. If one person views two different pages, you'll get credit for 2 page views. If two people view the same page, you'll get credit for 2 page views. If one person views the same page twice, you'll get credit for one page view. All traffic must be from visitors who willingly came to your content. Any traffic where the visitor did not make a decision to view the page such as from popup windows or auto-surfing software will not be counted.

Link to the 1st post in this series that has links to all the other posts:

My quest for financial freedom: Back ground for this quest

Main link to this blog:

http://quest-for-financial-freedom.blogspot.com/