Thursday, 25 February 2021

I just got paid passive $$ just for using my laptop as usual



Ok a short story... so last year I came upon an app called PacketStream that according to their website, pays you for sharing your unused broadband. In other words, you install the app, leave it running on your computer, and you get paid for doing nothing. So I installed the app, and essentially forgot about it. Cut to a year later and I was doing some routine admin of my laptop(organising files and deleting unused programs to free up space) when I noticed an app constantly running as a background process that I didn't recognise the icon of. This was the Packetstream app that I had installed a year ago. I opened the app to find that I had accumulated around $10 in Packetstream credits. Which is not a huge amount for a year, but like I said, I did nothing to earn that $10 except use my computer as usual.
I promptly redeemed my credit for Paypal and three days later received $10 in my Paypal account. It works! They even paid me $1 to leave a review on TrustPilot.
So long story short, PacketStream pays! Will you earn a huge amount for participating? Unlikely. But what you do earn, you earn for little to no effort, in other words PASSIVE INCOME. As for me, I will continue to use this service as long as they continue to pay out.

You can sign up under my referral link here

Thursday, 16 July 2020

Note to Self 5

Invest in index funds when you have the chance....

  • Index funds cost less. Passive funds require less legwork, so they typically charge lower fees than actively managed funds. In managed funds, high fees can easily eat into any returns gained by the broker.
  • They can achieve higher returns. Indices have been proven to frequently beat the average returns achieved by fund managers over many years. Coupled with lower fees they make good investing sense.
  • Ease of trade. Many ETFs listed on the ASX are index funds, which are easily accessible on broking platforms.
  • It can diversify your portfolio. Investing in an index fund offers access to a range of companies from various sectors.
  • They're relatively safe. Index funds are considered a safer alternative to direct stock market investing because indices are generally less volatile than individual stocks.

Monday, 29 June 2020

Note to Self 2

A figure on how much I can expect to make with trading bots....

"If you are looking to make 3-6% per year on your crypto holdings with a trading bot, you will probably find something that works for you. There are many low risk trading strategies that do produce returns, and an algo will make sure that you don’t lose your discipline lunging for the brass ring."

From: https://blockonomi.com/bitcoin-trading-bots/

Saturday, 27 June 2020

How to invest in real estate with little capital

"So how can you gain the benefits with little capital, or while not living in an ideal location?
The answer is: investing in companies that hold useful real estate worldwide. These companies are called Real Estate Investment Trusts (REITs). There are many of these companies and some are better than others. But the general idea is that they purchase valuable real estate with residential, commercial, or industrial purpose and then earn steady returns over the years by leasing it to people or business."

Tuesday, 26 May 2020

Note to Self 0

"There are many different kinds of bots to suit different market conditions and individual needs. Different types of bots are known as different strategies.
For example, "scalping" is a strategy for making small but consistent profits in a sideways market. A "scalping bot" would be designed to automatically place the trades required to shave those profits out of the market. Scalping could be the right strategy for a sideways market, but wouldn't be ideal in a more bullish or bearish situation.
So the first challenge is to know which kind of strategy to use at different times. The second challenge is to find a bot which can effectively execute that strategy based on market activity and signals."