#91 Omg! The Best Residual Income Opportunities Ever!

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[LAST UPDATED]:13th April, 2016
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Best Residual Income Opportunities

Best Residual Income Opportunities. You can sit around all day, or drum roll, please, you can research the best residual income opportunities. Thank you so much for being here today.
Many people wonder how I find my investments. As a result, I want to share exactly how I do this with you. I use marketing research to find the best residual income opportunities.
Want to know something cool? There was a time when I literally had zero expenses in my name. The feeling was incredible.
It felt like I hit a financial bottom. There was nothing to pay for, but my food. Even though I budgeted for that, still, it was a very strange experience to me. I won’t forget that.
Here’s What I Learned:
-Know how to budget your money to-the-cent.
-Pay for things that put money in your pocket
Buy only what you need
Thank you for reading the content on my site. – Carl Wolfgang Schultz

“Best Residual Income Opportunities” On A Budget: 5 Tips From The Great Depression

Best Residual Income Opportunities

Best Residual Income Opportunities
5 Steady Sources Of Income 
Note: *1 -Being the Most Reliable and Steadiest Source of Income.*
  1. Dividends
  2. Lending Club
  3. Adsense
  4. Turo
  5. Loudr.fm
Okay, so I grabbed this quote from a marketing research textbook; it’s interesting, and I would like to share it with you.
Charles Schwab conducted  research asking their customers if they would be interested in online trading. The research came back with a resounding “no.” At the time, most consumers did not have Internet access and we’re not able to imagine they would be interested in online training. Schwab ignored the research and developed their online trading capability. They could have saved time and money by not doing the research at all.” (Essentials 29)
and now, a summary of the quote:
  • schwab spent money on research
    • respondents didn’t want to trade online
    • respondents couldn’t imagine trading online
    • respondents didn’t have Internet at the time
  • he knew, eventually everyone would have the Internet
    • schwab went ahead anyway, and built it
    • he built an online trading platform
    • schwab makes it really easy to invest from your smart phone
  • ultimately, schwab was a success
    • he owns one of the largest brokerage firms online
    • schwab’s customer service is highly rated

Looking for more residual income opportunities?

Okay, here’s what you need to do.
You need to research fixed income investments! These fixed income investments are attractive because they provide a steady source of cash flow.
Before you know it, you don’t have to work any longer.
Anytime you are conducting research, you must investigate all of your options.
Below, I have explained in detail the phases and steps of the information research process.
  1. Phase 1:
    • Step 1: Identify and clarify information needs
    • Step 2: Define the research questions
    • Step 3: Specify research objectives and confirm the information value
  2. Phase 2:
    • Step 4: Determine the research design and data sources
    • Step 5: Develop the sampling design and sample size
    • Step 6: Examine measurement issues and scales
    • Step 7: Design and pretest the questionnaire
  3. Phase 3:
    • Step 8: Collect and prepare data
    • Step 9: Analyze data
    • Step 10: Interpret data to create knowledge
  4. Phase 4:
    • Step 11: Prepare and present final report
As you can see, The way in which we conduct our research, can drastically improve our findings!
It undoubtedly helps to have a quality manual or procedure to go off of.

What is primary data and what is secondarydata?

  • primary data is 
    • a current research problem.
      • Meaning: right now, in this very moment. 
        • Not from the past data. 
          • We’re solving problems today, and we’re using surveys to prove it!
  • secondary data is
    • collection of data that is placed in a data warehouse somewhere.
      • you would never know existed! (Like, on an Indiana Jones film or something haha.)
        • a place for temporary storage and retrieval (people can access this data later on down the road.)
          • the lazy way of getting your data (for people who don’t want to do loads of research with their time.)

5 Things You Can Learn From Buddhist Monks About “Best Residual Income Opportunities”

The 5 Things are:

  1. Finances (What are finances?)
    1. to leverage money for profit.
    2. to plan ahead financially
    3. you have to get your finances squared away!
    4. know how to budget well enough
    5. learn everything you can from other people
  2. Marketing Research (What is marketing research?)
    1. is important because you need to know where you are going to succeed in life
    2. Step 1: Define the problem or opportunity
    3. You can use focus Group
  3. Supply and Demand
    1. you need to have a product
    2. you need to have customers
  4. Education never sleeps
    1. always learn from the people who are already making moneydoing what you want to do
  5. Foster money regularly
    1. think about how to create monthly income everyday

Here’s A Quick Way To Solve The “Best Residual Income Opportunities” Problem

[Real-Quick Story:]
  • For the longest time, I tried finding ways to make more money.
  • I looked everywhere, and I tried everything.
  • I needed to know exactly how these online millionaires were doing it
  • Finally, I learned about an asset-producing money-making machine.
Well, at least, at the time, it felt like an asset-producing money-making machine.
…because I was earning income from dividend investing.
Long story short, I worked my tail off learning how to invest like the greats!
Many nights I spent studying in my bedroom, alone, burning the midnight oil.
However, there were those evenings; oh those peaceful and pleasant nights, when she would come over to comfort me. Often times, she would help me with my homework. She is the nicest person in the world; a real sweetheart – my wonderful girlfriend Shannon! (Click her name to go to her profile.)
-The point is that finding money is a never-ending-process. You are going to be thinking about it a lot. Oh, the things that money can buy for you!
Final thought, you’re going to be working most of your life anyway, right?; so might as well find new ways to make yourself more money along-the-way.
…And when you feel like working, well, work; and, when you don’t feel like working, well, than don’t!
Thank you so much for reading this site’s content.
Please feel free to look around the rest of the site.
There are tons of articles to read.
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