How to Make Money Crocheting

How to Turn a Craft Hobby into a Profitable Business   VOSA
How to Turn a Craft Hobby into a Profitable Business VOSA

The global monetary system is what’s called a Fiat system in which money is a storage medium for purchasing power and a substitute for barter. Each dollar bill, euro, yen, gold ingot, or whatever currency you choose enables you to buy things as the need or want arises, thus making the barter system (trading one service or product for another) mostly obsolete.

Fiat money is the opposite of commodity money, which is money that’s based on a valuable commodity, a method of valuation that was used in the past. At times, the commodity itself actually was used as money. For instance, the use of gold, grain, and even furs and other animal products as commodity money preceded the current fiat system.

A fiat system is based on a government’s mandate that the paper currency it prints is legal tender for making financial transactions. Legal tender means that the money is backed by the full faith and credit of the government that issues it. In other words, the government promises to be good for it.

Money Making Tip

An option spread is established by buying or selling various combinations of calls and puts, at different strike prices and/or different expiration dates on the same underlying security. There are many possibilities of spreads, but they can be classified based on a few parameters.

A strangle is the same as a straddle except that the put has a lower strike price than the call, both of which are usually out-of-the-money when the strangle is established. The maximum profit will be less than for an equivalent straddle. For the long position, a strangle profits when the price of the underlying is below the strike price of the put or above the strike price of the call. The maximum loss will occur if the price of the underlying is between the 2 strike prices. For the short position, the maximum profit will be earned if the price of the underlying is between the 2 strike prices. As with the short straddle, potential losses have no definite limit, but they will be less than for an equivalent short straddle, depending on the strike prices chosen. See Straddles and Strangles: Non-Directional Option Strategies for more in-depth coverage.

The simplest option strategy is the covered call, which simply involves writing a call for stock already owned. If the call is unexercised, then the call writer keeps the premium, but retains the stock, for which he can still receive any dividends. If the call is exercised, then the call writer gets the exercise price for his stock in addition to the premium, but he foregoes the stock profit above the strike price. If the call is unexercised, then more calls can be written for later expiration months, earning more money while holding the stock. A more complete discussion can be found at Covered Calls.

A short straddle is created when one writes both a put and a call with the same strike price and expiration date, which one would do if she believes that the stock will not move much before the expiration of the options. If the stock price remains flat, then both options expire worthless, allowing the straddle writer to keep both premiums.

The money earned writing options lowers the cost of buying options, and may even be profitable. A credit spread results from buying a long position that costs less than the premium received selling the short position of the spread; a debit spread results when the long position costs more than the premium received for the short position — nonetheless, the debit spread still lowers the cost of the position. A combination is defined as any strategy that uses both puts and calls. A covered combination is a combination where the underlying asset is owned.

On October 6, 2006, you buy, for $850, 10 calls for Microsoft, with a strike price of $30 that expires in April, 2007, and you write 10 calls for Microsoft with a strike price of $32.50 that expires in April, 2007, for which you receive $200. At expiration, if the stock price stays below $30 per share, then both calls expire worthless, which results in a net loss, excluding commissions, of $650 ($850 paid for long calls - $200 received for written short calls). If the stock rises to $32.50, then the 10 calls that you purchased are worth $2,500, and your written calls expire worthless. This results in a net $1,850 ($2,500 long call value + $200 premium for short call - $850 premium for the long call). If the price of Microsoft rises above $32.50, then you exercise your long call to cover your short call, netting you the difference of $2,500 plus the premium of your short call minus the premium of your long call minus commissions.

On October 6, 2006, you own 1,000 shares of Microsoft stock, which is currently trading at $27.87 per share. You want to hang onto the stock until next year to delay paying taxes on your profit, and to pay only the lower long-term capital gains tax. To protect your position, you buy 10 protective puts with a strike price of $25 that expires in January, 2007, and sell 10 calls with a strike price of $30 that also expires in January, 2007. You get $350.00 for the 10 call contracts, and you pay $250 for the 10 put contracts for a net of $100. If Microsoft rises above $30 per share, then you get $30,000 for your 1,000 shares of Microsoft. If Microsoft should drop to $23 per share, then your Microsoft stock is worth $23,000, and your puts are worth a total of $2,000. If Microsoft drops further, then the puts become more valuable — increasing in value in direct proportion to the drop in the stock price below the strike. Thus, the most you'll get is $30,000 for your stock, but the least value of your position will be $25,000. And since you earned $100 net by selling the calls and writing the puts, your position is collared at $25,100 below and $30,100. Note, however, that your risk is that the written calls might be exercised before the end of the year, thus forcing you, anyway, to pay short-term capital gains taxes in 2007 instead of long-term capital gains taxes in 2008.

How to Make Money Crocheting
How to Make Money Crocheting

Tumblr Popular among visual bloggers (those who post artwork, photography, and design-themed content, and are light on text), Tumblr is a decent place for beginners and microbloggers to get their feet wet and post rapidly. A too-graphical interface may slow down anyone who's new to the site, and lack of fine controls will frustrate more experienced bloggers. Tumblr is highly similar to Posterous in that it aims to get new bloggers up and running very quickly—within minutes. Both simplify the process of designing and maintaining a blog for ultra beginners. If you want to rid your site of the domain name, you'll have to take care of the details yourself elsewhere, as Tumblr won't do it for you., a free blogging platform and hosting service, is ideal for bloggers at all levels of experience, provided they're willing to invest a little time upfront to learn the ins and outs of the system. It takes a few weeks to learn about (and find) all the tools in's comprehensive suite, but experienced bloggers who want full and deep control over their sites need look no farther. Google's Blogger provides many of the same tools, but in a fashion that may seem less intimidating to learn for less technical people. is also well suited for new bloggers who plan to invest in their blogs long term—you'll learn more as you go, while still being able lay your foundation immediately. With numerous templates to choose from, you won't be at a loss for design options, although you can't fully customize a template (the way you can in Blogger) without paying a small fee. Like Blogger, Wordpress has its own analytics system built right into the dashboard. If you want your own domain name, will happily sell it to you for $17 per year while continuing to host your site at no extra charge.

A blog gives you your own online space where you can tell stories about your life, share insights and opinions about a topic in which you have expertise, incite laughter with great photos and videos, or inform clients about your business's successes. Blogging has become a pastime for some and a way to make money or enhance a business for others.

All the platforms we reviewed are completely online, although they also let you post from a mobile device—and some even let you post via text message. Signing up for a blog on any of these sites requires little more than a user name and password.

Two blogging platforms stood out from the pack to earn our recommendation and Editors' Choice award: and Blogger. Both systems may take some getting used to if you're an inexperienced blogger, but more seasoned content creators will find they get deep control over their sites, posts, and comments with either of these platforms. Choosing between Blogger and largely comes down to personal preference., with its serious-looking dashboard and well-organized suite of tools, appeals to left brained or type A personalities, while Blogger's colorful and more highly designed interface seems more attractive to people whose eyes sparkle at the word "intuitive."

Posterous Posterous is an ideal place for beginning bloggers and microbloggers to get their feet wet and post rapidly. It simplifies the process of designing and maintaining a blog, but as a result, eliminates some of the deeper controls that can be found in Blogger and One of Posterous' signature features is that it lets you post to your blog from any email account or mobile device, letting prolific bloggers can add new content all the time, quickly and easily. You can even post via text message. Another way Posterous sets itself apart is that it integrates exceptionally well with other forms of online social media and social networking, letting you sync it with Twitter, Facebook, Flickr, YouTube, LinkedIn, and even other blogs you manage on other platforms, including Xanga, Typepad, MovableType, and Drupal.

Less experienced bloggers may prefer a tool that will get them completely set up with a personal site in seconds, although anyone who's truly committed to maintaining a long-term blog should take the time learn one of the more customizable solutions.

The Prettiest Crochet Purse - Free Pattern and Tutorial
The Prettiest Crochet Purse - Free Pattern and Tutorial

ADX – The ADX line is still going up, but, looks like it is trying to stop, and, will be flat or pointing down, because the +DI is already pointing up, and, the -DI already crossed the ADX line to the down side, giving a buy signal.

Target at .75 – .80, but, 1.00 is also possible.

MACD – The green line just crossed the red line to the up side, giving another buy signal.

What is Retail Arbitrage

Crocheting over clothesline cord to make a basket. First to learn to
Crocheting over clothesline cord to make a basket. First to learn to

Withdrawing from your 401(k) account requires specific circumstances.

Contact your employer's human resources department to find out whether your company allows tapping into your 401(k) for a financial hardship. If so, request the necessary paperwork from your HR representative.

Calculate how much money you need to borrow. You will likely not be allowed to borrow more than 50 percent of your vested funds. "Vesting" is the amount of time you need to wait before funds are available in your account. Your personal contributions are available immediately, while your company match may have a vesting requirement based on your years of employment.

Pay taxes and penalties. In most cases, you will be required to pay income taxes when withdrawing your 401(k) funds. The IRS may also charge a 10 percent penalty when you empty your account before age 59 1/2.

Because of its tax advantages, a 401(k) plan offers only a few options for withdrawing money before retirement. While early 401(k) withdrawals are generally not recommended because of heavy penalties from the Internal Revenue Service, these transactions are on the rise. According to a study conducted by the financial advisory firm HelloWallet and reported in "Time" magazine, 401(k) withdrawals with a penalty increased from $36 billion in 2004 to almost $60 billion in 2010.

Pin down whether your hardship status is covered by your plan. The IRS or your 401(k) account administrator may not agree that your situation qualifies. A home foreclosure, certain medical expenses, funeral costs or educational debt may qualify as a financial burden large enough to warrant a 401(k) withdrawal. Talk to your administrator about the plan's requirements.

Pay interest. Even though you are essentially borrowing from yourself, you will be required to pay interest on the loan. Often, the repayment and interest is automatically deducted from your paycheck.

Ask your HR representative whether your plan allows employees to borrow against their 401(k) funds. If so, work with your representative to get the paperwork needed to request a 401(k) loan.

Natural Remedies for Treating Razor Burns, Keratosis Pilaris and
Natural Remedies for Treating Razor Burns, Keratosis Pilaris and

Are you familiar with the game of baseball? It’s a popular sport in America, Japan, Cuba, South Korea, and a few other countries. The basic idea is that a pitcher throws a ball at a batter, whose goal is to hit the ball. If he does so without the defensive team catching the ball, the

Do you know what is the most dangerous aspect of binary options trading? The answer will surprise you. I’m going to tell you in a moment, but I first need to ask if you have started working on your trading business plan yet? As mentioned in my last blog post, having a disciplined, rule-based trading plan

In my previous blog post, I explained why I only trade binary options of FOREX, rather than stocks, indexes, or commodities. But what you may be wondering is why I trade FOREX binary options instead of just FOREX directly. So, I will show you how binary options compares to FOREX in all the most important ways

Tax Treatment For Nadex Binary Options

Affiliate marketing is also called "performance marketing", in reference to how sales employees are typically being compensated. Such employees are typically paid a commission for each sale they close, and sometimes are paid performance incentives for exceeding objectives. 19 Affiliates are not employed by the advertiser whose products or services they promote, but the compensation models applied to affiliate marketing are very similar to the ones used for people in the advertisers' internal sales department.

The phrase, "Affiliates are an extended sales force for your business", which is often used to explain affiliate marketing, is not completely accurate. The primary difference between the two is that affiliate marketers provide little if any influence on a possible prospect in the conversion process once that prospect is directed to the advertiser's website. The sales team of the advertiser, however, does have the control and influence up to the point where the prospect signs the contract or completes the purchase.

In the case of cost per mille/click, the publisher is not concerned about a visitor being a member of the audience that the advertiser tries to attract and is able to convert, because at this point the publisher has already earned his commission. This leaves the greater, and, in case of cost per mille, the full risk and loss (if the visitor can not be converted) to the advertiser.

Merchants favor affiliate marketing because in most cases it uses a "pay for performance" model, meaning that the merchant does not incur a marketing expense unless results are accrued (excluding any initial setup cost). 20

The beat was off for both 2015 and 2016, when annual sales set records of 17.5 million and 17.55 million, respectively. But that's a red-hot sales level, well above the so-called "replacement rate" in the US — the normal churn of old cars being replaced by new ones.

You can understand this because the industry is tough, reliably cyclical, and at times generally despised by the finance industry in New York — which doesn't like cyclical, cash-intensive, slow-growth businesses, even when they pay dividends of 4%-5%. More recently, the auto industry is also despised by Silicon Valley's vaunted disruptors, who study the vigorously competitive auto market and recoil at carmakers' inability to develop the monopoly power that would permit them to offer consumers less choice at higher prices.

•This is as good as it could possibly get for the auto industry.

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