I received an interesting magazine (or, maybe better described as a catalog) in the mail the other morning entitled "Home Business Connection". It was apparently sent to me because my name is on some mailing list. Beautifully designed and bearing a price tag of $5.95 per copy, I was tempted to open and read what it was all about. It is mostly full-page ads of 'home business' ideas...one after another, covering every possibility from the proverbial stuffing envelopes to much more sophisticated endeavors. Of course, each was headlined with bold declarations of being the "world's greatest home business" with promises of getting fabulously rich quick "absolutely guaranteed"! As I read through some of the ads (many were actually feature articles about certain types of home businesses), I couldn't help but compare all of them to my 'home business'.
Most were of the conventional type: find a product (usually made by someone else) then set up a way to promote, advertise and market it. Most were centered mainly on MLM or the Internet as the way to get fabulously rich. None bothered though, to explain how difficult it is to build and keep a good MLM downline, or, to get traffic to a web site. Made me wonder if those ads were directed to people who've never been 'round the block' at all, those whom it would be easy to put stars in their eyes with a little talk about making fabulous money in very short order? But, it is a good collection of home business ideas ...for anyone to peruse.
My home business is so simple I still have difficulty sometimes believing it myself. I sit down at my home computer each morning, turn on my e-mini trading charts and start watching for a good trade signal. What? You've never heard of an "E-mini"? Well, don't feel bad; I hadn't either ....until early 2002, even though I had been an active trader of stock options for over twenty years by that time. You see.... the 'e-mini' was introduced into the stock market when the Internet and personal computer were really coming into their own...back in 1997, as a trading instrument that average folks could afford to learn to trade, and take active roles in the stock market.
Most folks don't know much about trading; they think you just invest in stocks. That's all that the mutual funds and stock brokers have ever talked about (in their TV commercials and all of their advertising), but, in reality, those guys are not investors themselves...they are traders. But, they convince the rest of us that the smart thing for the public to do is turn all of our 'retirement dreams' over to them and let them manage our 'investments' for us...because they are the "professionals". Meanwhile, they are trading everyday...with their clients' money, but the account managers and the mutual fund company pockets all of the profits. Their clients (in those mutual funds) only get a mutual scr*****!
Oh, the typical mutual fund does realize [on average] about 10-15% appreciation growth of each portfolio per year, but the stock market [itself] -on its own, has historically done that, even through all of the Wars, Great Depression and even with 9-11 thrown in! Makes you wonder if brokers and mutual fund managers are, in reality, worth anything at all!
Anyway, back to the home business I found in trading E-mini's: I trade a couple of hours each morning, making 3 or 4 trades on my computer and put as my daily average goal about $500 dollars into my pocket. I never get greedy and try to stretch it....even though many days the market easily would let me. Just a nice little daily cash flow generator...that lets me grind out $500 a day, $10 grand a month and $125,000 a year. Not bad, eh? It really is that simple. The market is always there for me...every morning. I don't care whether it is going up (bullish) or down (bearish), I can make money either direction. (Something else those brokers and mutual fund managers will never tell you, or explain to you!) They'll just tell you to bring them as much money as you can and be prepared to invest with them for the long haul. 'Hold...and Hope' - that's the best the mutual fund investor has going for him or her.
If you've been thinking about or looking for a little home business idea that can generate a little extra cash flow for yourself, you'll enjoy checking out trading "E-mini's". You're invited to visit my web site where I provide 2-3 hours (a 'road map' for you) of free information on how you can get started trading e-mini's.
Don't bother to call up a mutual fund manager and ask him or her about it, though. They'll just laugh at you.
Mel Hardman
http://www.melhardman.com
Reuters - Asian stocks slumped to their lowest since December 2004 on Wednesday as poor U.S. corporate results and falling commodity prices fanned worries of a protracted global economic slowdown.
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