The Online Investing AI Blog

Online money for your own private Spruce Goose?

Poor Howard Hughes. Well, poor is definitely a relative term. Despite the billions of dollars the guy had, he lived as a recluse in a Las Vegas suite.

He was eccentric–that’s what they call crazy people with a lot of money.

How did he maintain his wealth while isolated in an apartment? Easily. He paid lots of people to go out and conduct his business.

Had Hughes lived today, he could have got by with just a few computers and room service. Here are a 509 resources (plus one plug for Online Investing AI)  to show you how you can invest money and make money online.

Just remember to keep your nails trimmed.

You may need to use the keyboard every once and a while. Here we go:

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Business Strategy, Internet, Online Investing AI Automated Trading, making money, Money, online, online resources, resrouces, strategies, wealth

In 2003, Markus Frind was like everyone else in the tech business as the repercussions of the tech bubble implosion echoed throughout the western hemisphere: he was worried about his job.

Stuck jumping from “one sinking ship to another,” Frind started his own free dating site that he called “Plenty of Fish.”

He didn’t need venture capital, or angel capital, or an investment scheme to get the site up and running. He programmed it simply and ran it lean.  Frind must have instinctively known that internet technology offers the power to scale up massive business models inexpensively.

Now, it wasn’t an overnight success story. There were a few months where Plenty of Fish was more like a little school of minnows in traffic size. Then, suddenly, the site went viral and ten months later, Frind had quit his job.

Now, the site makes millions of dollars and has been valued in the billion-dollar range.

How did he do this?

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Accelerating Technology, Business Strategy, Internet, Online Investing AI, Success chicken steps, Internet, internet business, making money, Money, online, plenty of fish, wealth

If you’re considering trading online, your best friend–and your worst enemy–is your broker.

Unnecessary fees and poor performance can squeeze your profits and magnify your losses. Here are a few things that you should consider when your trading online, whether it’s trading Forex online, trading stocks online, or using an automated trading system to trade online.

Spreads

If you trade frequently, you should watch the spreads. The spread is the difference between what you offer for the stock and what the seller is willing to part with. In most cases, the broker keeps the spread, or at least a portion of the spread.

You want to make sure the spreads are tight, so that you keep more of your money. 

Security

Obviously, you want to make sure your money is safe from fraud and theft, but identity theft is also a concern. You can search for negative reviews and make sure the broker you choose isn’t a “fly by night” outfit.

Convenience

Make sure your broker works in ways that are comfortable and convenient for you. Make sure they take online payments, for example.

Add-ons and Leverage

Good brokers offer extra protection for the investor in services such as stop-loss. Leverage–letting you increase the potential of your position–is another add-on service that you might be interested in. Some brokers offer 200:1 leverage, or more.

Another brokerage service is high-tech charting and portfoilo management capabilities.

Extra Charges

With add-on features and services com add-on charges. Some unscrupulous brokers have low flat fees or spread charges and then make up for them with additional charges.

Trading Amounts

Some brokers require large balances to begin trading. This puts trading out of reach of most self-directed traders and investors. However, you can find brokers who allow you to open balances for as little as $100.

Tip: Search through the internet for reviews of potential brokers. Check for testimonials and complaints. People LOVE to complain. (See, I’m actually complaining about people complaining.)

Check out:

Interactive Traders

Zecco

Sogo Trade

Business Strategy, Investing, Online Investing AI broker, brokerage, how to, online, online investing, security

Just wanted to keep you in the loop:

We continue to develop our advanced technologies for traders, investors and institutions. Currently, we’re upgrading the systems so they are trading every minute.

Our beta systems were based on end-of-day trading information. In case you have been in a cave that doesn’t have access to CNBC, trading has been rather volatile and that has not been the best environment for the end-of-day trading systems.

The next system will trade a portfolio of stocks. After this we plan to move this beyond stocks and into other asset classes based on the philosophy that we can create high returns at low-risk levels.

While some might scoff at bringing out an automated trading system out in a vicious Bear market, I disagree. If we can make money in this market, we can make money in any market. And, again, our philosophy is that the right advanced intelligent technology can make money when the market moves up or moves down.

There’s another element to this. This is a great time for innovation. To re-kindle the economy we need to start building things… to start inventing… to start engineering… This should be in all segments of the economy, especially in finance.

While mutual funds, index funds, 401K programs, IRAs, and the like serve a purpose; their ability to make returns to really impact a self-directed investor or trader’s bottom line are lackluster. We want to create something that does.

 Check back for more status reports.

Accelerating Technology, Online Investing AI advanced technology, AI, artificial intelligence, online