I want to tell you about what sounds like the worst business in the world…
Most of the people you approach with your product simply aren’t interested. Some are downright rude – hurling gratuitous abuse in your direction. Others simply ignore you altogether. A few have the good manners to say “no thank you”, but not many.
And if you’re very lucky, perhaps one or two out of every 100 you approach, will buy from you. But even some of those will ask for their money back.
Sounds horrible doesn’t it? I’m not so sure though…
You see, many years ago I worked in a business that seemed a whole lot better. Most of the people I dealt with were at least polite and one in four that I approached, placed an order. There was no abuse and nobody asked for their money back.
Sound better?
Well maybe, except that second business never made any money and the sense of rejection from those three out of four who didn’t order, was awful. That first business made me a millionaire, and I never got to experience one ounce of rejection from those 99 out of 100 who effectively told me to go away.
In case you haven’t guessed, the big difference between the two businesses is in the method of marketing. In that second business it was all done face to face, and every time-consuming rejection came like a knee to the groin. In that first business, everything was done remotely via direct mail or advertisements.
It’s an environment where a rejection consumes neither time nor ego ~ other than for the odd lunatic who scrawls “F*** Off!” (or something equally witty) on your order form before sending it back.
And that’s pretty easy to live with when you’re sitting on a sack of money.
Direct response marketing allows you to replicate yourself thousands of times over, and then despatch yourself out to the world in the form of advertisements, direct mailing pieces and webpages. Some hit home, others crash and burn. It doesn’t matter a jot.
All that does matter is the final tally. The crash and burns don’t hurt at all, but there’s great joy in the hits. Because they’re pretty much all you see.
So I think I’ll stick with the ‘worst business in the world’ for now. And if you want to get rich (and like me have a fragile ego the size of a house) then I think you should consider it too.
Do get in touch if you’d like me to point you in the right direction.
Kind Regards
John Harrison
PUBLISHERS NOTICE
Dear Streetwise Customer,
It didn’t come as a surprise to me when 2 banks intervened and literally blocked their customers from hearing from me, even though everything I was saying is 100% legal.
That’s because I’ve been exposing how the banks constantly take advantage of the little guy.
But now the tables have turned…
I doubled my money by legally intercepting unofficial bank messages.
But the best part is that banks can’t stop us from milking this over and over again!
And now I’m giving you the opportunity to copy me…
A credit card can be a lifeline in these turbulent times. From helping you get refunds to providing you with interest-free debt, here’s how your flexible friend can help fix your finances.
Customers who are struggling to get their money back for travel, accommodation, events or anything else that has been cancelled may be able to get a refund from their credit-card provider. Under Section 75 of the Consumer Credit Act, your credit-card provider is jointly liable if you don’t receive goods or a service that you paid for with your credit card.
The item has to have cost between £100 and £30,000, but you only need to have paid for part of it on your credit card to be protected for the whole amount. This can help if a company is refusing to give you a refund, or if they have gone bust. To make a claim contact your credit-card provider.
If your income has dropped and you are worrying about making your card repayments, don’t panic. The Financial Conduct Authority has brought in emergency rules that mean lenders are expected to offer customers a payment freeze of up to three months.
This shouldn’t affect your credit rating. If you need to minimise the interest accruing on your debt, there are still some balance-transfer credit cards available with an interest-free deal.
TSB’s Platinum 30 Month Balance Transfer card has the longest interest-free period at two and a half years – but you’ll pay a 2.95% transfer fee. If you don’t need that long, then Santander offers 18 months at 0% on balance transfers with no fee at all.
Just remember to plan how to pay your debt off before the interest-free period ends. Anyone building up Air miles may worry about airlines going bust if the crisis drags on.
So if you earn loyalty points through credit cards with the intention of turning them into Air miles, such as Tesco Club card or American Express – you’re better off leaving any balance on the card for now: they can either be converted into Air miles later or used for other rewards. Air miles can’t be converted back, but Avios points can be used to buy alcohol instead.
However, this is expensive: it costs around two points per penny, compared with one per penny for flights. Virgin Flying Club points can be shifted into hotel reward schemes such as the IHG Rewards Club or the Hilton Honours, although again, unfortunately, the conversion rates are worse than for flights
Motivational Quote Of The Day
“I can’t change the direction of the wind, but I can adjust my sails to always reach my destination.”
Jimmy Dean
Alternative Quote Of The Day
“Steal a little and they throw you in jail steal a lot and they make you king.”
Bob Dylan
Interest Rates Are Dwindling Quick
Santander is to cut the interest rate on its popular 123 current account from 1% to 0.6% from 3 August. The rate had been 1.5% until last month. In three months customers holding the full balance (£20,000) will have gone from earning up to £302 a year in interest to £120, but the bank will continue to charge… £5 a month.
What’s more, this month Nationwide cut the rate on its Flex Direct account from 5% to 2% on balances up to £1,500. The 2% rate is still the highest on a current account. But you only get it if you pay in £1,000 a month and it drops to 0.25% after a year.
The upshot? Stop trying to save and spend from the same account. The top easy access savings accounts from Investec, Marcus and RCI Bank pay 1.2%… with no monthly fee.
If you want cashback on your bills, Santander’s 123 light account offers the same cashback rates as its standard one but with a lower £1 fee and no interest. You can earn up to 3% cashback, capped at £15 a month. Taking that fee into account the most an account holder can earn is £168 a year.
Putting your money in some safe stocks would be a much better option.
Today’s National Day
NATIONAL FRESHEN UP FRIDAY!
PUBLISHERS NOTICE
Dear Streetwise Customer,
It didn’t come as a surprise to me when 2 banks intervened and literally blocked their customers from hearing from me, even though everything I was saying is 100% legal.
That’s because I’ve been exposing how the banks constantly take advantage of the little guy.
But now the tables have turned…
I doubled my money by legally intercepting unofficial bank messages.
But the best part is that banks can’t stop us from milking this over and over again!
And now I’m giving you the opportunity to copy me…
For many small businesses, the key to getting through the Covid19 pandemic may be negotiating a sympathetic arrangement with the landlord or key suppliers. Are they prepared to offer rent or payment holidays during the height of the crisis to help you with short-term cash-flow pressures?
In practice, it will be in the interests of many landlords and suppliers to help rather than lose tenants and customers altogether. But to negotiate the right deal, you need to approach the situation carefully and sensitively. Start with a clear plan. What do you need from your landlord and for how long do you need this support?
Strike a balance between asking for all the help you will realistically need, going back later to ask for further forbearance may get a negative reaction, and pushing too hard. Landlords and suppliers will have their own pressures.
Talk to your landlord and suppliers as soon as you can, ideally before you miss any payments. The later you leave it, the weaker your negotiating position will be. Set out the benefits of offering your business help: where possible, remind landlords and suppliers of your good payment history and strong credit score and provide detail of your longer-term prospects.
Make the point that others in your sector – potentially alternative tenants and customers -will be in the same boat as you. Where you can pay at least something, offer to do so. This will often be better received than a request for a complete payments holiday. It also means the landlord or supplier will be better off with you than with no customer or tenant at all.
Motivational Quote Of The Day
“A dream becomes a goal when action is taken toward its achievement.”
Bo Bennett
Alternative Quote Of The Day
“I was playing chess with my friend and he said, ‘Let’s make this interesting’. So we stopped playing chess.”
Matt Kirshen
The Idle Opportunity
According to The Sunday Telegraph, Britons use their lawnmowers for an average of just four hours a year. They’re being kept pretty busy compared to power tools though, which are used for an average of 20 minutes throughout their entire lifespan!
There just has to be an opportunity lurking in these statistics. Wouldn’t people be far better off renting these things when they need them? And if you could create a service which made it really easy to get hold of them – perhaps dropping them off and then picking them up again – might that form the basis of a profitable business?
And might all these under-used lawnmowers and power tools be mobilised in your new business in some way – providing an income for their owner and a ready source of ‘rental stock’ for the business?
Something to think about perhaps.
Today’s National Day
NATIONAL TAKE YOUR DOG TO WORK DAY!
PUBLISHERS NOTICE
Dear Streetwise Customer,
It didn’t come as a surprise to me when 2 banks intervened and literally blocked their customers from hearing from me, even though everything I was saying is 100% legal.
That’s because I’ve been exposing how the banks constantly take advantage of the little guy.
But now the tables have turned…
I doubled my money by legally intercepting unofficial bank messages.
But the best part is that banks can’t stop us from milking this over and over again!
And now I’m giving you the opportunity to copy me…
The government’s latest initiative for cash-strapped small businesses struggling to cope with Covid-19 pandemic has gone live and is likely to prove hugely popular.
The Bounce Back loans scheme, announced by Chancellor Rishi Sunak, aims to help tens of thousands of small businesses struggling to secure finance from the Coronavirus Business Interruption Loan Scheme (CBILS), which has been criticised as overly bureaucratic and too exclusive.
Administered by the British Business Bank and the same panel of more than 50 lenders participating in CBILS, the terms of the Bounce Back scheme really are exceptionally generous. Businesses can borrow up to £50,000 at a fixed interest rate of 2.5%, no matter which lender provides the advance (you don’t have to apply to your own bank).
The government guarantees the lender that it will stand behind the loan in full if the business defaults on repayments, which means lenders do not have to waste time conducting credit checks.
A simple standardised application form should also mean loans go through very quickly. Cash could be in companies’ accounts within days of their online applications. Bounce Back loans will be repayable over six years, though early repayments can be made without penalty.
There are no repayments to make in the first year and lenders are not allowed to ask for personal guarantees from the company’s directors. Importantly, while the scheme is aimed at the smallest businesses, the eligibility criteria set no maximum size constraints, whether by number of employees, turnover or balance sheet.
Borrowers simply have to certify they are UK-based, that they’ve been adversely affected by the Covid-19 pandemic, that they’re not currently in bankruptcy or liquidation and that they’re not making use of any other Covid-19-related government loan scheme.
The upshot is that for any business in need of less than £50,000 to see them through the Covid-19 crisis, the Bounce Back scheme is head and shoulders above any of the government’s other initiatives, including CBILS.
And even if you think you may need more than that in the end, Bounce Back is worth considering in the short term; it’s possible that you’ll be able to convert the loans into a CBILS facility later on. Equally, CBILS loans of less than £50,000 can now be converted into Bounce Back finance, which is likely to be a good option for most borrowers.
However, even if you don’t need finance to survive the crisis, don’t overlook this new scheme. The terms are so good that this could be a valuable opportunity to refinance other types of debt, expensive credit-card borrowing or bank loans, for example, or even to finance investment. This is legitimate under the terms of Bounce Back
Motivational Quote Of The Day
“Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.”
Warren Buffett
Alternative Quote Of The Day
“Crime in multi-storey car parks. That is wrong on so many different levels.”
Tim Vine
Money Statistics
31 – The number of tonnes of gold belonging to Venezuela that is held in the Bank of England’s vaults, worth around £1.3bn at today’s prices. The government of President Maduro has asked for some of it to be sold, but the Bank has so far refused. Britain recognises Juan Guaidó, the opposition leader, as the legitimate president of Venezuela.
61 – The percentage of investors and business owners with investable assets or annual revenues of at least $1m who are waiting for stocks to fall by 5% to 20% before buying shares again.
Today’s National Day
NATIONAL WORLD BARTENDER DAY!
PUBLISHERS NOTICE
Dear Streetwise Customer,
It didn’t come as a surprise to me when 2 banks intervened and literally blocked their customers from hearing from me, even though everything I was saying is 100% legal.
That’s because I’ve been exposing how the banks constantly take advantage of the little guy.
But now the tables have turned…
I doubled my money by legally intercepting unofficial bank messages.
But the best part is that banks can’t stop us from milking this over and over again!
And now I’m giving you the opportunity to copy me…
If, like me, you find time passing by ever more quickly, then I’ve found a solution. Get yourself a rowing machine. I’ve had one for quite some time now, and its effect on the passage of time is quite extraordinary.
Flop into your favourite armchair to watch a TV programme, and half an hour passes before you know it. But set the timer to 30 minutes on the rowing machine, and it’s like time is standing still. If you could somehow re-create that effect across your whole life, you’d live to about 297…or at least it would feel like it.
And it has another strange effect too, because it’s turned me into an obsessive reader of food labels.
You see, the rower has a computer which measures the calories burned during exercise. I know for example, that I burn about 400 calories in half an hour. Remember, this isn’t a regular half-hour. It’s a rowing machine half-hour, which is a lot longer. So when I look at the label on a cream cake, and it tells me there are 425 calories in it, you can bet your life that I’m going to think very carefully about whether I really want it…
Because I know ‘the price’ ~ more than half an hour’s hard labour on that bloody machine.
Now I know a lot of people think this sort of behaviour is a little extreme, but to me it seems perfectly logical. I mean, when you go into a shop, do you not look at the price (what you’ll have to give up) before deciding whether to buy? Do you not compare the prices of different items to see which offers the best value?
Well I do the same thing in Marks and Spencer when I look at the number of calories in two different ready-made sandwiches ~ the tuna mayonnaise costs me 22 minutes while the BLT costs me 47. No contest.
I doubt that you have a great deal of interest in my diet, but I think this idea of knowing the ‘price’ can have wider implications. It can certainly be a very powerful tool of persuasion.
If you’re trying to persuade someone to take or avoid a particular course of action, then spelling out the overt or hidden price of going against what you want, can be very effective. That could be a financial price, an inconvenience price, a hard work price, a health price, a personal freedom price, a status price or something else.
The point is that by not doing what you want, there will be a price. You need to spell out exactly what that price is. Because, like most people when they eat a cream bun, they don’t know what the price is.
This is something that can be effective in all forms of communication: socially, at home, in the workplace, and of course in sales and marketing situations. It doesn’t matter whether you’re selling by mail, on line, by telephone or face-to-face. Highlighting the negative consequences ~ the price ~ of not taking the action you want, can pay off in a big way.
And as I’ve found, when you’re selling to yourself (and that’s what you’re doing when you try to forego high calorie foods) it helps if you have a very clear focus on the price of going against your own internal pitch.
Without a clear picture of the price, there’s no means of quantifying and comparing the benefit.
Kind Regards
John Harrison
PUBLISHERS NOTICE
Dear Streetwise Customer,
It didn’t come as a surprise to me when 2 banks intervened and literally blocked their customers from hearing from me, even though everything I was saying is 100% legal.
That’s because I’ve been exposing how the banks constantly take advantage of the little guy.
But now the tables have turned…
I doubled my money by legally intercepting unofficial bank messages.
But the best part is that banks can’t stop us from milking this over and over again!
And now I’m giving you the opportunity to copy me…
It seems unlikely that you will be able to jet off for a summer holiday this year. However, if you had a trip booked from March onwards you may be struggling to cancel and get your money back. Many tour operators, airlines and accommodation providers… have tried to persuade customers to rearrange their trips or accept credit vouchers for future holidays instead of a cash refund.
You are entitled to a full refund from your tour operator or airline within 14 days of cancellation. But a study by consumers’ association Which? found that all 20 of the biggest travel firms, including TUI and British Airways, were missing the two-week deadline. If you are struggling then the Competition and Markets Authority would like you to get in touch with examples of bad practice.
Mention this to the company failing to provide your refund. It could make all the difference. Remember too that the travel company isn’t your only route to a refund. If you paid for something with your credit card, you can also approach your card provider to give you your money back.
Under Section 75 of the Consumer Rights Act your credit card provider is jointly liable if you don’t get the service or goods you paid for. Section 75 covers purchases between £100 and £30,000. But you don’t have to have paid for the entire thing on your credit card. Even if you only put the deposit on your credit card you can still get the full cost back. To make a claim you can print off a template letter from Which? or MoneySavingExpert.
Fill it out with your details and send it off to your credit card company. You’ll have to prove that you couldn’t get a refund directly from the company as part of your claim, so try that route first. If you paid with your debit card you may be able to get your money back through your bank. Chargeback rules allow you to claim for goods or a service within 120 days of purchase.
To start a claim, contact your bank to dispute the transaction. The limitation is you can’t use Section 75 or Chargeback if you want money back for a holiday, trip or event that hasn’t been cancelled yet. If you are worrying about a summer holiday you’ll have to wait until the provider has cancelled it, and you’ve tried to get a refund from them, before you can fall back on your card protection.
Finally, remember your travel insurance. If you booked your trip before the coronavirus crisis and can’t go you may be able to claim on your insurance.
Motivational Quote Of The Day
“I look to the future because that’s where I’m going to spend the rest of my life.”
George Burns
Alternative Quote Of The Day
“Drive-Thru Mcdonalds was more expensive than I thought…once you’ve hired the car…”
Tim Key
Shares We’re Buying
Moderna, Inc. (MRNA) a nearly 10-year-old Massachusetts-based biotech company, suddenly the talk of the scientific community after they announced last month positive indications from their early work on a potential vaccine against the novel coronavirus. The stock has gone up by over 40%
Today’s National Day
NATIONAL MAKE MUSIC DAY!
PUBLISHERS NOTICE
Dear Streetwise Customer,
It didn’t come as a surprise to me when 2 banks intervened and literally blocked their customers from hearing from me, even though everything I was saying is 100% legal.
That’s because I’ve been exposing how the banks constantly take advantage of the little guy.
But now the tables have turned…
I doubled my money by legally intercepting unofficial bank messages.
But the best part is that banks can’t stop us from milking this over and over again!
And now I’m giving you the opportunity to copy me…
1. You must not leave the house for any reason, but, if you have a reason, you can leave the house.
2. Masks are useless at protecting you against the virus, but you may have to wear one because it can save lives, but they may not work, but they may be mandatory, but maybe not.
3. Shops are closed, except for those shops that are open.
4. You should not go to the doctor’s or to the hospital unless you have to go there, unless you are too poorly to go there.
5. This virus can kill people, but don’t be scared of it. It can only kill those people who are vulnerable or those people who are not vulnerable. It’s possible to contain and control it, sometimes, except that sometimes it actually leads to a global disaster.
6. Gloves won’t help, but they can still help, so wear them sometimes, or not.
7. There is no shortage of groceries in the supermarkets, but there are many things missing or in short supply. You shouldn’t buy loo rolls, but you should buy some just in case you need some. They won’t run out in supermarkets, but, if they do, don’t buy them.
8. The virus has no effect on children, except those children it affects.
9. Animals are not affected, but there was a cat that tested positive in Belgium in February when no-one had been tested, plus a few tigers here and there.
10. Stay 2 metres away from tigers. Also stay 2 metres away from people, as they might also be dangerous for many reasons as well as infectious – but probably more dangerous and more likely to be infectious than a tiger.
11. You could have many symptoms if you get the virus, but you can also get symptoms without getting the virus, get the virus without having any symptoms or be contagious without having symptoms, or be non-contagious with symptoms. If you do have symptoms, these can vary from mild to severe – just like most other illnesses. You might not even notice that you have symptoms, but you might die, which you probably will notice and others in your household will also notice.
12. To help protect yourself you should eat well and exercise. Eat whatever you have on hand, as it’s better not to go to the shops, unless you need toilet roll or a fence panel.
13. It’s important to get fresh air, but don’t sit down, except if you are old, but not for too long, or if you are pregnant, or if you’re not old or pregnant but need to sit down. If you do sit down, don’t eat your picnic, unless you have a picnic with you – in which case – you can eat it.
14. Don’t visit old people, but you have to take care of the old people and bring them food and medication, so do visit them regularly.
15. You can’t see your elderly mother or grandmother, but they can take a taxi and meet an elderly taxi driver or a young taxi driver. You can see your elderly relatives through a window – a bit like the taxi driver does.
16. The virus remains active on different surfaces for two hours … or four hours … or six hours … I mean days, not hours. But it needs a damp environment. Or a cold environment that is warm and dry. It also remains in the air, but only for short periods as long as the air is not in contact with plastic.
17. If you need to home-educate your children, you can start drinking alcohol at 10am if you wish.
18. If you are not home educating children, you can also start drinking at 10am.
19. The number of corona-related deaths will be announced daily but we don’t know how many people are infected as they are only testing those who are almost dead to find out if that’s what they will die of. If they actually do die, we won’t waste the test on them, so we might not know if that is why they died. Therefore, the people who die of corona aren’t counted, won’t or will be counted, but maybe not and probably will not be, but will.
20. We should stay in locked down until the virus stops infecting people, but it will only stop infecting people if we all get infected, so it’s important we get infected and some don’t get infected and maybe never will.
21. No business will collapse due to coronavirus, except those businesses that will collapse due to coronavirus.
22. You can have dates in supermarket queues during your necessary food shopping trip, if they happen to coincide and if you use the same supermarket, but you must not queue together, but you shouldn’t go on dates unless it is absolutely necessary.
We hope that makes things clearer for you.
Kind Regards
John Harrison
PUBLISHERS NOTICE
Dear Streetwise Customer
I hope that you and your family are well.
I don’t have to tell you that the Coronavirus outbreak has changed everything, and nowhere more so than in the world of sports betting. With almost all our regular ‘go to’ profit makers like European football, horse racing and golf on hold, you might be excused for thinking that the opportunity to make a lucrative extra income from sports betting was gone – at least for now.
That’s what we thought until we heard from a guy called Craig Russell and how he was…
Making an extra £150-£250 a week exploiting the ‘invisible’ betting opportunities exposed by the Coronavirus mayhem.
You see Craig isn’t your typical sports bettor. Long before anyone had heard of coronavirus, he was shunning the sort of events most of us bet on in favour of little-known sports, events and fixtures taking place in obscure locations.
Why did he concentrate on those?
Because he figured that the less ‘pro’s’ there were looking at these obscure markets, and the more time he spent studying them, the greater edge he’d have over the competition.
Obvious when you think about it.
So why this message?
Because it seems like now is the perfect time to bring this to a wider audience…but not much wider!
You see, in conjunction with Craig we’ve put together a totally unique service which is tailor-made for the times we find ourselves in. But there will only be 100 places available. Ever.
For full details on what’s involved and why the limit, take a LOOK NOW.
If an extra couple of hundred pounds tax-free income would be worthwhile to you right now, I’d urge you to get in touch without delay. These places are really going to go fast.
P.S Almost forgot…you can get started with this for just £9.95. I’m pretty sure that makes it our cheapest service ever. Why? Well take a look now and all will be revealed.
Most crises ultimately turn out to be outstanding times to invest. There are obvious exceptions to this rule: buying shares in St. Petersburg in 1917 or Shanghai in 1949 in the hope that the situation would improve did not work out.
But assuming that the entire economic and political system in which you live is not going to be turned upside down, in which case the best investment may be some gold and a ticket to somewhere far afield, people usually look back in admiration at those who kept calm and bought at the bottom.
There are two barriers to being one of these investors. The first is identifying when you’ve hit the bottom. The second – which is often underestimated – is the sheer psychological difficulty of investing when all the news is bad, other investors are selling and everything is telling you to do so as well. There is no easy answer to either of these problems, but pound-cost averaging is one of the simplest strategies we can use.
Pound-cost averaging, also known as drip-feeding, is less sophisticated than the name sounds. It simply means feeding a sum of money into the market at regular intervals rather than in one go. So if you have £1,200 to invest this year, you might invest £100 per month. If you have £12,000, you invest £1,000 per month. The advantage of investing this way is that it reduces the risk (and pain) of buying just before the market drops.
If you put all your money in UK shares this month and the FTSE 100 drops steadily over the next year to end up down 30%, your portfolio is also down 30%. If you invest equal amounts monthly, your portfolio may end the year down half that – making it easier to hold your nerve and wait for the recovery.
Obviously if markets rise rather than fall over the time you are averaging your investments, you will make smaller profits than you would if you bought at the start. And the outcome can never be as good as it would be if you somehow invested everything right at the bottom.
Motivational Quote Of The Day
“Success is falling nine times and getting up ten.”
Jon Bon Jovi
Alternative Quote Of The Day
“I went to a bookstore and asked the saleswoman: ‘Where’s the self-help section?’ She said if she told me, it would defeat the purpose.”
Steven Wright
Upcycling Opportunity
I was reading about a business run by Scott Hamlin in Portland Oregon, and wondered how many other people might be able to cash in on something like this.
Hamlin’s company, Loop works buys up end-of-line, unwanted fabric from warehouses in Asia which is destined for landfill or the incinerator. It then turns it into shirts, skirts, laptop sleeves and backpacks. The company is very much for profit, but has a strong environmental ethos.
Any enterprise that has a positive environmental impact will be well received by prospective customers and the media. Upcycling (converting waste materials or useless products into new materials or products of better quality) is environmentally friendly and can be highly profitable if done well.
Are there upcycling opportunities in your sphere of expertise? Do you know of any waste materials that could form the basis of a new upcycling opportunity?
Today’s National Day
NATIONAL BATH DAY!
PUBLISHERS NOTICE
Dear Streetwise Customer
I hope that you and your family are well.
I don’t have to tell you that the Coronavirus outbreak has changed everything, and nowhere more so than in the world of sports betting. With almost all our regular ‘go to’ profit makers like European football, horse racing and golf on hold, you might be excused for thinking that the opportunity to make a lucrative extra income from sports betting was gone – at least for now.
That’s what we thought until we heard from a guy called Craig Russell and how he was…
Making an extra £150-£250 a week exploiting the ‘invisible’ betting opportunities exposed by the Coronavirus mayhem.
You see Craig isn’t your typical sports bettor. Long before anyone had heard of coronavirus, he was shunning the sort of events most of us bet on in favour of little-known sports, events and fixtures taking place in obscure locations.
Why did he concentrate on those?
Because he figured that the less ‘pro’s’ there were looking at these obscure markets, and the more time he spent studying them, the greater edge he’d have over the competition.
Obvious when you think about it.
So why this message?
Because it seems like now is the perfect time to bring this to a wider audience…but not much wider!
You see, in conjunction with Craig we’ve put together a totally unique service which is tailor-made for the times we find ourselves in. But there will only be 100 places available. Ever.
For full details on what’s involved and why the limit, take a LOOK NOW.If an extra couple of hundred pounds tax-free income would be worthwhile to you right now, I’d urge you to get in touch without delay. These places are really going to go fast.
P.S Almost forgot…you can get started with this for just £9.95. I’m pretty sure that makes it our cheapest service ever. Why? Well take a look now and all will be revealed.
Over the last three months, most of us will have been glad of any uninvested cash in our portfolios. That’s partly for reassurance: since we don’t know how long the coronavirus crisis will drag on and quite how terrible the economic consequences will be, it’s psychologically easier to feel we have a bit of a buffer to cover any unexpected expenses or losses to our income.
We don’t want to have to sell investments at depressed prices or rely on dividends when they are being slashed. But more optimistically, having excess cash lets us take advantage of any opportunities that the market plunge throws up.
While cash normally seems like the dullest part of a portfolio, crises are a sharp reminder of why many notable investors see it as something valuable. For example, Warren Buffett thinks of cash differently to conventional investors. He thinks of cash as a call option with no expiration date, an option on every asset class, with no strike price.
That’s a technical way of putting it, but it captures an interesting idea. It’s natural to feel that holding cash is silly if we can’t earn much of a return on it. At best, we may get a long-term return slightly above inflation; more likely in today’s world of ultra-low interest rates, we will see its value eroded.
That’s frustrating, but thinking of cash as an option tells us why it’s not necessarily wrong to accept that small ongoing loss.
We can justify it as the premium we pay to have this option and be able to exercise it on those rare occasions – perhaps just once or twice a decade – when there are compelling opportunities (as is arguably the case today – not across the entire market, but in certain areas such as emerging Asia).
Motivational Quote Of The Day
“In the business world,everyone is paid in two coins; cash and experience. Take the experience first, the cash will come later.”
Harold S Geneen
Alternative Quote Of The Day
“Live every day as if it were your last and then some day you will be right.”
HH Morant
Of course, that only makes sense if the price we are paying for the option is reasonable. In deflation, the value of our cash will increase, so we’re even being paid to keep our options open.
In hyperinflation, holding cash will be disastrous – its value will be destroyed – but you might hold a more stable foreign currency instead. At times like now, the loss is small (inflation is 1.5% and falling, you can earn 1% on deposit) and quite tolerable.
But what of a high-but-not-hyper inflation scenario – like the one that might follow this vast expansion in government spending? In the inflationary 1970s, cash didn’t do too badly – while interest rates and bond yields lagged inflation, they followed it up.
That might not be the case next time – in which case, we might need to reassess the cost of consistently having, say, 10% in cash. But for now, with a bit of value emerging, cash is showing why it pays to have something in reserve for when boom turns to bust!
Today’s National Day
NATIONAL MAKING LIFE BEAUTIFUL DAY!
PUBLISHERS NOTICE
Dear Streetwise Customer
I hope that you and your family are well.
I don’t have to tell you that the Coronavirus outbreak has changed everything, and nowhere more so than in the world of sports betting. With almost all our regular ‘go to’ profit makers like European football, horse racing and golf on hold, you might be excused for thinking that the opportunity to make a lucrative extra income from sports betting was gone – at least for now.
That’s what we thought until we heard from a guy called Craig Russell and how he was…
Making an extra £150-£250 a week exploiting the ‘invisible’ betting opportunities exposed by the Coronavirus mayhem.
You see Craig isn’t your typical sports bettor. Long before anyone had heard of coronavirus, he was shunning the sort of events most of us bet on in favour of little-known sports, events and fixtures taking place in obscure locations.
Why did he concentrate on those?
Because he figured that the less ‘pro’s’ there were looking at these obscure markets, and the more time he spent studying them, the greater edge he’d have over the competition.
Obvious when you think about it.
So why this message?
Because it seems like now is the perfect time to bring this to a wider audience…but not much wider!
You see, in conjunction with Craig we’ve put together a totally unique service which is tailor-made for the times we find ourselves in. But there will only be 100 places available. Ever.
For full details on what’s involved and why the limit, take a LOOK NOW.If an extra couple of hundred pounds tax-free income would be worthwhile to you right now, I’d urge you to get in touch without delay. These places are really going to go fast.
P.S Almost forgot…you can get started with this for just £9.95. I’m pretty sure that makes it our cheapest service ever. Why? Well take a look now and all will be revealed.
What do you do with your wedding dress after the big day? It’s not like you’re going to wear it again.
What do you do if you’re a bride about to get married, and your choice in dresses can best be summed up as ‘Champagne taste and beer money!
The answer to both questions forms the basis of a simple business opportunity for anyone with a spare room at home.
Not all brides would want to sell their wedding dress, and not all prospective brides would want a pre-owned dress, but there are enough in each category to make The Second-Hand Wedding Dress Business, a viable opportunity.
It’s a very simple idea which has become increasingly popular in the United States. Buy dresses in at a price that enables you to sell at half the retail price, and customers will come.
All you need is a room at home to use as make shift showroom, and a relationship with a seamstress to carry out the inevitable alterations.
Motivational Quote Of The Day
“Most of the important things in the world have been accomplished by people who have kept on trying when there seemed to be no hope at all.”
Dale Carnegie
Alternative Quote Of The Day
“Life is short. God’s way of encouraging a bit of focus.”
Robert Brault
Talk To The Manager
Review sites like Trip Advisor are a big potential problem for restaurant owners. A customer has a disappointing experience and feels the need to let off steam. In the past that would have been to a handful of friends and contacts, but today they can tell the world.
A new service called Talk To The Manager attempts to bridge the gap between restaurant management and their customers, and defuse any potential issues before they get out of hand. It’s almost like an interactive feedback card for the 21st century.
Restaurants sign up for the service and receive a dedicated phone line. They can then down load pre-printed stickers and cards encouraging customers to text their comments to the phone number.
This enables restaurant owners and managers to intercept and deal with any negativity before it reaches a wider audience. The cost of the service is £29.95 per month.
This is a US service, based in Seattle. Might something similar work here in the UK? I can see no reason why not. Sign up 100 restaurants or so and you have a nice ongoing regular repeat income.
Today’s National Day
NATIONAL HERBS AND SPICES DAY!
PUBLISHERS NOTICE
Dear Streetwise Customer
I hope that you and your family are well.
I don’t have to tell you that the Coronavirus outbreak has changed everything, and nowhere more so than in the world of sports betting. With almost all our regular ‘go to’ profit makers like European football, horse racing and golf on hold, you might be excused for thinking that the opportunity to make a lucrative extra income from sports betting was gone – at least for now.
That’s what we thought until we heard from a guy called Craig Russell and how he was…
Making an extra £150-£250 a week exploiting the ‘invisible’ betting opportunities exposed by the Coronavirus mayhem.
You see Craig isn’t your typical sports bettor. Long before anyone had heard of coronavirus, he was shunning the sort of events most of us bet on in favour of little-known sports, events and fixtures taking place in obscure locations.
Why did he concentrate on those?
Because he figured that the less ‘pro’s’ there were looking at these obscure markets, and the more time he spent studying them, the greater edge he’d have over the competition.
Obvious when you think about it.
So why this message?
Because it seems like now is the perfect time to bring this to a wider audience…but not much wider!
You see, in conjunction with Craig we’ve put together a totally unique service which is tailor-made for the times we find ourselves in. But there will only be 100 places available. Ever.
For full details on what’s involved and why the limit, take a LOOK NOW.If an extra couple of hundred pounds tax-free income would be worthwhile to you right now, I’d urge you to get in touch without delay. These places are really going to go fast.
P.S Almost forgot…you can get started with this for just £9.95. I’m pretty sure that makes it our cheapest service ever. Why? Well take a look now and all will be revealed.
