Viral Trends and their Effects on Quick Earning Economy

It’s crazy how interconnected we are today. I am not even talking about the usual suspects – the social media. But being born in ex-Soviet Union, I still remember when a Hollywood movie would reach us only in two or three years.

Now, however, a viral YouTube video or a toy that helps with stress, a fidget spinner not only has the power to take over the world overnight, but have an impact on worldwide economy.

Here’s the proof.

Way to make quick money

 

A fidget spinner can cost anywhere from $5 to $15, however we learned not to put caps on prices since after Kanye West’s $120 plain white T-shirt sold out.

But going back to viral trends, smart marketers catching these waves may earn fortunes via drop shipping methods that don’t require you to ever have the product. Say, hypothetically, you live in a third-world country where $100-$200 gets you by a whole month.

If you catch a viral wave, such as with fidget spinners, 20 units sold could earn you a whole month of expenses in a day. These toys were introduced in February, so in 7 months you could have sold over 4,000 units worth around $35,000-$42,000. With that money you could create a business and employ half of the town.

Of course, these are just rough numbers. Current estimate of fidget spinner units sold is 300,000, so 4,000 doesn’t seem that unlikely. On the contrary, the potential is much higher.

Hopefully you understand how much potential power to singlehandedly turn around economies is in everyone’s hands right now. Drop shipping and affiliate marketing are just two remote ways how without a business address or a product of your own, or even talking with the supplier, you could be earning hundreds of thousands of dollars every month.

And these models won’t replace how traditional economy works. The product still has to be created. But nowadays a lot of emphasis is put on the way the product finds its way to the consumer rather putting it on the shelf and waiting for it to get noticed.

Should you?

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It may seem like a crazy question. If there is a way, why shouldn’t you? The problem with these quick trends is that they finish fast. While you don’t risk much, you may spend lots of time for practically nothing. To earn your share, you have to build a website and promote it. People need to find you while the trend is on the rise, while hundreds of your competitors are also trying to get the audience’s attention. That’s what I don’t recommend chasing every trend you see on Twitter. But being smart and observant, slowly focusing on a couple of niches – that’s a much more viable option that could actually be worth your time.

5 Medium-Risk, High-Reward Ways To Make Money

If you want your money to work for you and continuously earn dividends, you need to put it to good use. Stocks, long-term bonds, 401k, etc. That’s all good. If anyone is willing to find out more, Google will tell them everything they want to know.

However, what if you don’t want to wait 40 years to reap profits? What if you are willing to take a risk? In that case, we have 3 slightly-higher risk ways to earn some extra cash fast.

Cryptocurrency

 

You have probably heard by now about the bitcoin success. Just imagine, if you have bought $100 worth of Bitcoin when it was launched, you could now have millions. Fortunately, Bitcoin has plenty of competition.

Here is what you should know. If you do have some extra money, but don’t really want to get into cryptocurrency, pick one that is cheap, buy and forget. The technology is still being developed and as a result, one thing you need the most is patience. Bitcoin has tanked a few times and still came out as a hugely successful currency.

Chances are anything like Litecoin that follows will not be as successful but buying cheap, selling for profit still could be an option.

Buy websites

 

Nowadays, everyone wants to have their own online business or a personal website. Understandable in a world where YouTubers are millionaires and strategies like drop-shipping allow making money without a product, even on Day 1.

You could be doing that, or could buy and sell domains and ready-for-you websites. All you need is some basic coding skills. If you don’t know how to start selling, try making an account at Fiverr.com and offer websites.

However, there is a slight risk that no one will want to buy your website. Worst case scenario, you you’re stuck with that website for a couple of months. Think of it like car flipping. Websites just are cheaper and easier to get. Work on it. Improve backlinks, get some traffic in. Sonner or later, someone will want to buy it.

Online gaming

 

If you like online games, you have a lot to choose from. You can play, collect rare items and sell them to other players, you can play in competitive tournaments, or, if you are over 18, you can make money playing poker, casino and betting on sports.

As I mentioned, there is a some risk here as well. But there is a way to minimize it. For example, you can diversify your gaming – practice poker, play jackpot slots and follow established tipsters for better sports betting results. Making a first deposit of $500 would cover you for a long time (in terms of $5 buy-in poker tournaments, $5-$10 sports bets and up to $0.50 per spin slots. That’s an example if one operator offers all three games. Visit: pay-by-phone-casino.com, it has several examples of these kinds of sites, like 888.com.

Luck is always a factor but diversifying your bets will help you keep your deposit even in times of a downswing.

Conclusion

In the end of the day, we all just want little less stressful life. Making sure you are stable financially is the train that will take you to the happy town the quickest. Try out methods and let us know what you think.

The Top 5 banks in Europe

When it comes to company ratings, there are two factors that are to be considered. The factors are:

  1. The total assets of the company
  2. The market capitalization of the company.

Although there are other ranking criteria used by other ranking companies, this article would focus mainly on the above listed factors.

Starting with the total asset, the total assets can be defined as the sum of the banks liability and the stockholder’s equity. In mathematical terms, this is:

Assets = Liabilities + Stockholder equity

This may sound a little too technical for the non-accounting folks reading this and so I will break the definition down into simpler bits.

Liabilities can be thought of as the money leaving the company, simply put, money the company owes. Examples of liabilities are rents, debts and utilities (such as the power and gas bill).

The stockholder equity is the amount of money allowed to be shared among its investors if the company decides to shut down and pay off all liabilities.

Hence, you can see that the asset is all of the money owned by the company. In this case all the prosperity owned by the bank.

And so to the ranking of the top 5 banks as ranked by the Company’s total assets.

Bank COUNTRY Total assets in trillion U.S dollars
1. HSBC Holdings UK 2.608
2. BNP Paribas FRANCE 2.417
3. Deutsche Bank GERMANY 2.006
4. Credit Agricole Group FRANCE 1.970
5. Barclays PLC UK 1.819

The ranking and the data therein is provided by Statista.

Secondly, the ranking by market capitalization. The marketing capitalization is the total value of the banks outstanding shares. Outstanding shares are shares currently owned by stockholders, public investors and company officials. The value of the outstanding shares does not include shares repurchased by another company.

Mathematically, the value of market capitalization (market cap) is:

Market capitalization = Number of Outstanding shares * Price per share

The market cap is a symbol of brand equity and so a good basis for ranking the banks.

Hence, the ranking of the top 5 banks as ranked by company’s Market Cap is:

RANK BANK COUNTRY MARKET CAP.(BILLION USD)
1. HSBC HOLDINGS UK 131.93
2. BANCO SANTANDER SPAIN 71.25
3. LLOYDS BANKING GROUP UK 70.00
4. BNP PARIBAS FRANCE 65.53
5. UBS SWITZERLAND 64.07

HSBC Bank PLC with a Market Cap. of $131.93 Billion and total assets size of $2.608 Trillion leads the ranking in the number one position. HSBC Bank was founded in the year 1865 in Birmingham, Great Britain with its headquarter in London, United Kingdom. The banks business encompasses the traditional bank duties of personal finance and commercial banking, consumer finance, private banking, corporate and investment banking. The bank’s industry of focus are the Financial and Insurance industries with its key product being Financial services. The bank is a subsidiary of HSBC Holdings PLC and it has an employee base of 85,000.

What to consider while opening a bank account

Choosing a bank to trust your money with is another important financial decision that should not be taken lightly. Most people fail to realize the benefits that can be achieved simply from trusting your finances with a particular bank. People can tap into the benefits banks can offer simply by doing a thorough research on the bank options that are available and making the right choices that provides the best options that fit their needs. Unfortunately, only a few people realize this and so they open accounts with just any bank without proper research. Some individuals also fail to plan and write out an objective as to what they are looking to achieve with the bank account. And as a popular saying goes, failure to plan is planning to fail.

This article would help you realize factors you should consider before settling with a bank. We would help you realize the potential benefits you stand to gain when you choose the right bank from the cloud of banks available in the market today. To get the best result from this article, I would request you interact with the questions asked here and you give honest answers. Your answers would give you a clearer picture of your goals and set objectives and also help in making the right decision.

And so we start with the objectives, what do you seek to get the bank account you wish to open. A good understanding of your goals and objectives would help you filter out the right bank from the wide ranges of options available in the market today.

  1. Do you need an account where you can save some money for future considerations or for your business needs?
  2. Are you one that travels all over the world for business and you need an account that would enable you to make financial transactions even when overseas?
  3. Are you someone who does a lot of financial transactions daily?
  4. What is the maximum amount you are willing to use in opening an account if necessary?

Depending on your financial goals, you may also have some additional questions in order to meet your finance plans. Ensure you answer these questions well before setting out to find a bank that would suit those needs.

Once those questions have been answered, next thing to do is to get information on the banks available near you. We strongly advise you choose a bank that has a branch close to where you live most of the time. Other than the location, here are other requirements you need to watch out for:

  1. What is the minimum COT on the account (that is how much is the minimum balance one can have on the account at any time)?
  2. For a savings account, how much is the interest rate on money saved? Interest is the amount a bank would give back to you for using your money in performing other business transactions. Hence, interest rate is the percentage increase that the bank is willing to offer. Bank interest rates vary, make sure you choose the one with the highest rates.
  3. What are the charges on services offered? Bank charges you for services such as Debit/Credit card issuance, SMS notifications and the likes. Make sure you have a good understanding on all the charges, so you would not get a surprise debit at any time. Choose the bank account that provides affordable rates.

Top Guide of European Banks

Whatever They Told You About European Banks Is Dead Wrong…And Here’s Why

At the close of the day it’s all tied into the subprime mortgages and bank liquidity. Debt is utilized by the rich nations around the planet to get in contact with the poor nations to be able to access their raw materials for cheaper prices. Long-term industrial debts were involved within this situation that was accumulated in the public sector.

Clearly in Europe, you have to stabilize banks and boost capital requirements. In addition, the banks should discover new techniques to boost revenue, as in practice interest rate rises continue to be a way off. It isn’t gone unnoticed they are all European banks. European banks might have done a ton more sooner. They have been caught in a perfect storm of market turmoil, lately. Pakistani banks will need to figure out ways to offer economical solutions to international traders. They will also have to ensure accuracy of their data in order to ensure compliance regulations.

If banks must accept screen-scraping, then PSD2 won’t ever fly the way it was intended. If their investment banks cannot pay their way under the present rules, it’s the banks that have to change, not the regulations. Europe’s investment banks are inclined to be smaller.

The Chronicles of European Banks

Nowadays lots of people argue that these sorts of rules have a tendency to strangle private industry and cause it to be more difficult for American businesses to compete with foreign businesses. So it is not very enjoyable to be a European bank at the present time whatsoever, he explained. Because it is by far the most active time that I recommend to trading during this period frame if you’re a day trader. In terms of clients, the demand for a European banking champion is not easy to see. From this info it is simple to understand that there is no need to spend 24 hours every day waiting for trading opportunity facing your charts. Likely forward, it’s likely to be less difficult to make money since you’re not likely to get the drag from problem credits that you’ve had. It will produce more costs for banks.

A small private sector emerged. The industry is experiencing a great deal of changes on account of the new attention to consumer advocacy regarding free charge card trials. Neither company appears sustainable. It simply doesn’t work like that inside this company. Falling crude oil prices are hurting the work of energy businesses, which then affects their capacity to settle loans. Companies are more prepared to acquire other people to avoid being acquired themselves. Each corporation might scan the exact same places, but for different factors.

Sometimes even currencies are devalued. Augmented trading utilizing machine learning or AI will develop into the new normal, states Alphabet’s CEO. In both of those instances, what’s interesting is–and it’s true in a great deal of emerging markets–you’ve got lots of state-owned banks, and then you’ve got some personal banks. To begin with, investors are guarding against the higher probability of a worldwide recession. Investors who’ve been keeping a watch on European companies’ earnings have never been disappointed by banks up to now. Another hedge has been to purchase the Norwegian krona.

The Hidden Truth About Online Banking Revealed

Opting to purchase flight tickets online provides you with the freedom to compare costs of unique airlines and choose on the most exhaustive offer that you could get at the lowest cost. Having a web-based account may get you higher rates of interest on your hard-earned money plus the extra convenience of doing your banking online. Instead of going down to the local branch office once you bank on the internet you can accomplish numerous tasks simultaneously with the click of a button. The procedure for booking air tickets on the internet is simple and doesn’t take a lot of time. Doing your banking on the internet is very handy and secure today. It is getting increasingly hard to prevent banking online, meaning you’ll eventually must get used to doing some of your financial work online.

The End of Online Banking

Popular mobile banking applications provide several useful characteristics and functions that are easy to access and navigate. The largest benefit of earning online bookings is you do not need to wait in queues for your chance. Another important advantage of earning online purchase is you may do it from your house. The advantages or advantages of Internet banking are however, not confined to a certain group of individuals. Because of this, many banking and finance organizations have produced the notion of Internet banking or internet banking. Financial institutions particularly have lots of checkpoints which make it virtually impossible for somebody to grab your credentials. These days, many banking institutions provided each of their services on the Internet.

Internet banking is a rather significant part our new international economy. It is arguably the fastest method of paying all kind of bills. While banking on the Internet, make sure the banking session is secure.

Possibly the very first situation to consider with internet banking is the convenience. It has also been on the rise. With the advent of the Internet, it has gained immense popularity. It allows you to manage your finances quickly and more efficiently. On these days, lots of people opt for internet banking as their preferred approach to handling their bank accounts.

Banking has not ever been simpler than it is today. Actually, online banking could be safer than traditional banking. It allows you to bank when you can, rather than within office hours.

On-line banking can really HELP keep you safer, IF you observe simple security tips. It has been around for quite a few years. Additionally, it is dependent on a reliable internet connection. It can be a wonderful timesaver. It was introduced a very long time ago, and since then, there has been no looking back. It is a wonderful facility that can save us time and make our life simpler.

How to Find Online Banking on the Web

You would need to get in touch with your bank, discuss what happened and potentially wait a lengthy time period for the money back. Some banks require customers to offer some kind of photo identification as well as signing a kind at one of their branches. They offer good services to attract the customers. On-line banks have less expenses than the local bank which is the reason why they may give you higher rates of interest on your money. You only need to choose an excellent on-line bank that has the services that you will need and wish for.