Showing posts with label private. Show all posts
Showing posts with label private. Show all posts
Sunday, September 13, 2015
How to Make Money in China (4 Steps)
Invest directly. As of 2010, this is the best way to make money in China. The best bets as of now are high technology, energy and the mobile sectors of the economy. Since China acceded to the World Trade Organization in 2001, the Chinese economy has been forced to become more transparent, with a lessened role for state or party actors. This means that investing is easier than it has ever been and China's boom shows no signs of stopping.
Buy the Yuan. The Chinese currency is strong and is likely to remain so. This is because the Yuan is controlled by the state, not by private bankers. As a matter of course, to combat inflation, the Chinese government has decided to keep the Yuan strong so as to deal with the possibly inflationary tendencies of rapid growth.
Buy into firms that are not Chinese, but do much business with China. Here, one can do no wrong with buying shares in Russian oil firms like LUKOil. This is because China is very oil-dependent and, as her boom continues, she will be demanding more and more oil from Russia, her main supplier. As China grows, she will require increased expert information and investment from places like Japan and Taiwan. She is also outsourcing heavily to Indonesia, Vietnam and Burma.
Invest in Taiwanese electronics such as HTC, Acer or VIA technologies. These are high industries that are involved, albeit illegally, in the Chinese economy. Taiwan officially has no trade with China, but 'unofficially' this trade is massive and Chinese companies from Taiwan are making a killing in China. It is likely that this barrier to trade will be lifted as Taiwan and China's economies continue to intertwine. Therefore, it is very likely that Taiwanese firms will be a major part of the electronics and high-technology focus of the Chinese economic boom. Since Taiwan has had transparent trading practices for many years, it is easier to invest in Taiwanese firms in order to make money from mainland China. Especially as China seeks to build her own automobiles, Taiwan's expertise in automotive electronics will become indispensable.
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Thursday, September 10, 2015
How to Earn an Income on the Internet
Calculate how much money you need to make. Add up all your bills and the typical amount you spend on food, gas and other items in a month to figure the minimum you need to make each month. Don't forget to account for self employment taxes.
Open a PayPal account, since this is how many companies prefer to do business over the Internet. All you need is an email address and a bank account to sign up. PayPal protects both parties in a transaction by keeping bank account information private.
Search for clients who are hiring freelance writers and apply to provide work for them. Craiglist, Freelance Writing Gigs and Online Writing Jobs list freelance jobs, so start your search there. Keep a variety of clients to protect your income in case you can't find more work with one of your clients.
Sell items through an online marketplace like Craigslist, eBay or Amazon. You can find items to sell in your own home, or you can buy them from yard sales and thrift stores and sell them for a higher price. Anything from antiques to electronics adapters to left or right shoes sells online, so use your imagination.
Apply to work as a telecommuter. More companies are allowing employees to work from home as customer service representatives and support staff, so check sites like Craigslist, Indeed and Simply Hired for openings. While you do work from home in these positions, your hours may not be as flexible as if you work as a freelance writer or online vendor.
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