poker http://www.wisebread.com/taxonomy/term/10387/all en-US 8 $100k+ Jobs You Can Do Online http://www.wisebread.com/8-100k-jobs-you-can-do-online <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/8-100k-jobs-you-can-do-online" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/woman_makeup_kit_000084480065.jpg" alt="Woman finding online jobs that can earn $100K" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>Work no longer has to be a place. As the world of web-entrepreneurship and digital nomadic life becomes more and more mainstream, people are starting to realize that it's easier than ever to make good money online. These aren't get rich quick schemes by any means, and it will take a considerable amount of time and commitment to truly excel in these fields, but who doesn't want to earn $100K per year from virtually anywhere in the world? Here are five jobs that can help you do just that.</p> <h2>1. Travel Blogger</h2> <p>If you thought that travel blogging was just a hobby, you're not alone. In fact, before I started <a href="http://www.goatsontheroad.com/">my travel blog</a> in 2011, I had no idea that I would one day be earning over $10,000 a month after tax, doing what I love.</p> <p>The great thing about becoming a travel blogger is the perks that come along with the salary. $100,000 a year sounds great, but when you couple that with airlines flying you for free and tourism boards paying for all of your accommodations, food, and travel, it's pretty much the ultimate dream job.</p> <p>Travel bloggers who are doing it right barely have any day-to-day expenses, despite the fact that they&rsquo;re living a life fit for millionaires. Because there are literally thousands of travel blogs online, the market is definitely saturated, but that doesn't mean it's impossible to etch out a niche and make real money from this line of work.</p> <p>If you want to leave your cubicle behind and turn the world into your office, consider learning <a href="http://www.goatsontheroad.com/how-to-start-a-travel-blog/">how to start travel a blog</a> today. It could change your life.</p> <h3>$100K+ Examples:</h3> <ul> <li>Matt Karsten &mdash; <a href="http://expertvagabond.com/paid-to-travel-world/">Expert Vagabond</a></li> <li>Caz and Craig &mdash; <a href="http://ytravelblog.com/">yTravelBlog</a></li> <li>Natalie Sisson &mdash; <a href="http://suitcaseentrepreneur.com/">Suitcase Entrepreneur</a></li> <li>Nick &amp; Dariece - <a href="http://goatsontheroad.com">Goats On The Road</a></li> </ul> <h2>2. Internet Poker Player</h2> <p>If you love a good game of five-card stud, this job may just sound like it's too good to be true. The fact that you can sit on your computer and play digital poker, while looking out at a Caribbean beach, is a dreamlike thought for sure.</p> <p>But for online gamblers like Patrick Leonard, it is not uncommon to have single days where winnings break the $100,000 mark. Forget making more than six-figures per year, this guy once earned $220,000 on a rainy Sunday afternoon in Hungary (where he currently lives).</p> <p>It should be noted that most estimates point to 90% of all online poker players coming out on the losing end, which is why online poker sites make so much money. But if you're a freakishly good poker player like Patrick, you could make it rain digital dollars all over the world.</p> <h3>$100K+ Examples:</h3> <ul> <li>Diego Ventura</li> <li>Patrick Leonard</li> </ul> <h2>3. Web Designer</h2> <p>Designing websites can be a lucrative career, especially if you build a name for yourself and you start having big brands knocking on your door, asking you to pimp their blogs. Of course becoming a web designer isn't something you can do overnight.</p> <p>Have you ever seen the code behind a website? It's an entire language that you have to learn before you can start to customize the look of the web. But if you have a background in CSS, HTML, PHP, and other geeky web acronyms, then you can probably earn a good living from your computer, no matter where you are in the world.</p> <h3>$100K+ Examples:</h3> <ul> <li>Scott Eldridge &mdash; <a href="http://www.eldowebdesign.co.uk/">Eldo Web Design</a></li> <li>Preston Lee &mdash; <a href="http://millo.co/">millo.co</a></li> <li>Paul Jarvis &mdash; <a href="http://creativeclass.io/">creativeclass.io</a></li> </ul> <h2>4. Day Trader</h2> <p>For some reason, the sound of day trading on the stock market already has a wealthy ring to it. You may picture a dude with slicked back hair, holding a glass of scotch while betting on the changing stock market from a five-star hotel in Maui. Well, if you go to successful day trader <a href="http://wanderingtrader.com/about/">Marcello Arrambide's website</a>, you'll see just that.</p> <p>Like online poker playing, making money as a day trader is a gamble and if you have no prior experience, you're likely to lose before you gain &mdash; but this job is no joke. Some top earners are making upward of $20,000 a month, and they can do it from anywhere that has a decent Wi-Fi connection.</p> <h3>$100K+ Examples:</h3> <ul> <li>Marcello Arrambide &mdash; <a href="http://wanderingtrader.com/about/">The Wandering Trader</a></li> <li>Steve Gomez &mdash; <a href="https://www.youtube.com/user/sgomez858">Today Trader</a></li> </ul> <h2>5. Travel Writer</h2> <p>The difference between a travel <em>writer </em>and a travel <em>blogger </em>is that a travel writer is getting paid to write for other publications, while a travel blogger is probably making most (or all) of their income from writing on their own site.</p> <p>Earning six figures a year as a freelance writer is a difficult job indeed. Tim Leffel, one of the world's leading experts in travel writing, explains that making money as a freelance writer is truly a world of feast and famine. One minute you can have numerous publications waiting to feature you, while the next, you may be barely earning anything, just waiting for an assignment.</p> <p>Despite the relative uncertainty of income, some of the world's top-earning travel writers do take home $100K a year or more and they live a life that many of us could only dream of. Exploring the world, getting published in big magazines, and sharing their stories and adventures with millions of people. What a life.</p> <h3>$100K+ Examples:</h3> <ul> <li>Tim Leffel &mdash; <a href="http://travelwriting2.com/about/">Travel Writing 2.0</a></li> <li>Carol Tice &mdash; <a href="http://www.makealivingwriting.com/about-carol/">Make a Living Writing</a></li> </ul> <h2>6. YouTuber</h2> <p>If you read the word &quot;YouTuber&quot; and immediately thought that there's no way anyone is making real money from uploading videos to YouTube, you might just pass out when I tell you that the top earning YouTuber, Felix Kjellberg, is grossing over $12 million per annum.</p> <p>The 25-year-old Swede runs the popular gaming channel PewDiePie, and he is not alone in making millions of dollars from Internet videos. Rhett McLaughlin and Charles Lincoln Neal III made over $4 million in 2015 and there are literally dozens of other creators making seven to eight figures per year from their YouTube channels.</p> <p>For channels to earn this much money, they have to have a huge following. The top 10 YouTubers have a combined subscriber base of more than 230 million viewers and their most watched videos have had more views than the 2015 Super Bowl.</p> <p>Taking all of this into consideration, it's no surprise that these artists are making big money. If you're just starting out as a YouTuber, it may feel like you have nobody watching your videos, but if you promote yourself and market your channel properly, you could one day earn a solid income from embedded ads and sponsorships.</p> <h3>$100K+ Examples:</h3> <ul> <li>Felix Kjellberg &mdash; <a href="https://www.youtube.com/user/PewDiePie/videos?view=0&amp;flow=grid&amp;sort=p">PewDiePie</a></li> <li>Rhett and Link &mdash; <a href="https://www.youtube.com/user/rhettandlink2">Good Mythical Morning</a></li> </ul> <h2>7. App Programmer</h2> <p>Have you ever played the game Candy Crush on your smartphone? While you were aligning jelly beans and stopping chocolate blockers, you probably weren't aware that the app currently earns an estimated&nbsp;<a href="https://thinkgaming.com/app-sales-data/2/candy-crush-saga/">$1,176,816 per day</a>.&nbsp;</p> <p>Of course, the average programmer isn't going to make as much as Toby Rowland, the creator of the Sugar Crush Saga, but there are many app developers out there making good money from their digital creations.</p> <p>Simon Fairbairn and Erin McNeaney of <a href="http://www.neverendingvoyage.com/">Never Ending Voyage</a> have created a brilliant travel app called <a href="https://itunes.apple.com/us/app/trail-wallet-travel-budget/id547171665?mt=8">Trail Wallet</a> that is selling very well in the App Store and earning them a reliable income. The app helps travelers to track their budget and has been downloaded thousands of times from the app store.</p> <h3>$100K+ Examples:</h3> <ul> <li>Tasnim Ahmed &mdash; <a href="https://itunes.apple.com/us/app/santa-claus-merry-christmas/id764935420?mt=8">Santa Claus Photo Booth</a></li> <li>Ethan Nicholas &mdash; <a href="http://appadvice.com/appnn/2009/02/ishoot-developer-makes-600000-in-one-month">iShoot</a></li> </ul> <h2>8. Affiliate Marketing Guru</h2> <p>What is affiliate marketing? According to Pat Flynn, founder of the <a href="http://smartpassiveincome.com/">Smart Passive Income Blog</a>: &quot;It's the process of earning a commission by promoting other people's (or company's) products. You find a product you like, promote it to others, and earn a piece of the profit for each sale that you make.&quot;</p> <p>Forget earning $100,000 a year, Pat earns that every month and he does so using a passive income model, which means he doesn't spend every waking hour of his life on his computer. His blog is the most informative on the subject and he helps to teach others how to make a full-time income from affiliate sales.</p> <p>While having a blog with a huge amount of traffic like Pat's definitely helps to generate sales, there are plenty of people with much less traffic who are still making a lot of money through affiliate marketing. If earning money in your sleep sounds appealing to you, you may want to check out Pat's blog and consider starting your own blog today.</p> <h3>$100K+ Examples:</h3> <ul> <li>Pat Flynn &mdash; <a href="http://www.smartpassiveincome.com/">Smart Passive Income</a></li> <li>Steve Scott &mdash; <a href="http://www.stevescottsite.com/affiliate-marketing-strategies">SteveScottSite.com</a></li> </ul> <h2>You Can Do It &hellip;</h2> <p>These jobs may have once been reserved for people with fancy degrees, a background in technology, or Internet geniuses, but these days there are enough resources online that pretty much anyone can make money from their computers.</p> <p>Like the people in the examples above, you could work hard and one day be earning a six-figure income from your laptop. The great thing about computer work is that you can start it in your free time, while you&rsquo;re still working your normal job. If your online business takes off, you can retire to a life of digital freedom.</p> <p><em>Have you or someone you know earned a good income online? How did it work? Share with us in the comments below.</em></p> <h2 style="text-align: center;">Like This Article? Pin it!</h2> <p>&nbsp;</p> <p style="text-align: center;"><a href="//www.pinterest.com/pin/create/button/?url=http%3A%2F%2Fwww.wisebread.com%2F8-100k-jobs-you-can-do-online&amp;media=http%3A%2F%2Fwww.wisebread.com%2Ffiles%2Ffruganomics%2Fu5180%2F8.jpg&amp;description=Here%20are%208%20Online%20jobs%20that%20can%20earn%20you%20%24100K%20%2F%20year%20or%20more!" data-pin-do="buttonPin" data-pin-config="above" data-pin-color="red" data-pin-height="28"><img src="//assets.pinterest.com/images/pidgets/pinit_fg_en_rect_red_28.png" alt="" /></a> </p> <!-- Please call pinit.js only once per page --><!-- Please call pinit.js only once per page --><script type="text/javascript" async defer src="//assets.pinterest.com/js/pinit.js"></script></p> <p style="text-align: center;"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/u5180/8.jpg" alt="$100K online jobs" width="200" height="300" align="middle" /></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/nick-wharton">Nick Wharton</a> of <a href="http://www.wisebread.com/8-100k-jobs-you-can-do-online">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-1"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/how-to-answer-23-of-the-most-common-interview-questions">How to Answer 23 of the Most Common Interview Questions</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/22-websites-that-will-pay-you-to-write-for-them">22 Websites That Will Pay You to Write for Them</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/10-signs-your-company-is-going-under">10 Signs Your Company Is Going Under</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/a-5-step-plan-to-quitting-your-job">A 5-Step Plan to Quitting Your Job</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-ways-to-stay-productive-while-working-from-home">5 Ways to Stay Productive While Working From Home</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Career Building Job Hunting day trader high paying jobs online jobs poker six figures travel work from home YouTube Mon, 20 Jun 2016 10:30:05 +0000 Nick Wharton 1721733 at http://www.wisebread.com Ask the Readers: Do You Gamble? http://www.wisebread.com/ask-the-readers-do-you-gamble <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/ask-the-readers-do-you-gamble" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/7314843906_b4953e6c29_z(1)-1.jpg" alt="Do You Gamble?" title="Do You Gamble?" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p><em>Editor's Note: Congratulations to </em><a href="http://www.wisebread.com/ask-the-readers-do-you-gamble#comment-537616"><em>Kathryn</em></a><em>, </em><a href="http://www.wisebread.com/ask-the-readers-do-you-gamble#comment-537088"><em>Ally</em></a><em>, and </em><a href="http://www.wisebread.com/ask-the-readers-do-you-gamble#comment-537684"><em>Alice Mecoy</em></a><em> for winning this week's contest!</em></p> <p>Chances are you've gone to a casino and played the slots or poker. Or maybe you've purchased a lottery ticket when the jackpot has been worth hundreds of millions of dollars. Most people have gambled at least once or twice in their lives. Some people only gamble when they head to Vegas or go on vacation to a destination with a casino. Others play the lottery on a daily basis.</p> <p><b>Do You Gamble?</b><span style="font-weight:normal">&nbsp;If yes, what is your favorite way to gamble? Playing the lottery? Heading to the casinos to play poker? If you don't gamble, what motivates you to keep your money in your pocket?</span></p> <p>Tell us whether or not you gamble and we'll enter you in a drawing to win a $20 Amazon Gift Card!</p> <h2>Win 1 of 3 $20 Amazon Gift Cards</h2> <p>We're doing three giveaways &mdash; one for random comments, one for random Facebook &quot;Likes&quot;, and another one for random tweets.</p> <h3>Mandatory Entry:&nbsp;</h3> <ul> <li>Post your answer in the comments below&nbsp;</li> </ul> <h3>For extra entries (1 per action):</h3> <ul> <li>Go to our <a href="http://www.facebook.com/pages/Wise-Bread/26830741467?ref=ts">Facebook page</a>, &quot;Like&quot; us, and leave a comment on this article telling us you did, or</li> <li><a href="http://www.twitter.com/">Tweet</a> your answer. You have to be a follower of our <a href="http://twitter.com/wisebread">@wisebread account</a>. Include both &quot;@wisebread&quot; and &quot;#WBAsk&quot; in your tweet so we'll see it and count it. Leave a link to your tweet (click the timestamp for the individual URL) in a separate comment.</li> </ul> <p><strong>If you're inspired to write a whole blog post OR you have a photo on flickr to share, please link to it in the comments or tweet it.</strong></p> <h4>Giveaway Rules:</h4> <ul> <li>Contest ends Monday, June 25th at 11:59 pm Pacific. Winners will be announced after June 25th on the original post. Winners will also be contacted via email.</li> <li>You can enter all three drawings &mdash; once by leaving a comment, once by liking our Facebook update, and once by tweeting.</li> <li>This promotion is in no way sponsored, endorsed or administered, or associated with Facebook.</li> <li>You must be 18 and US resident to enter. Void where prohibited.</li> </ul> <p><strong>Good Luck!</strong></p> <div class="field field-type-text field-field-blog-teaser"> <div class="field-items"> <div class="field-item odd"> Tell us whether or not you gamble and we&#039;ll enter you in a drawing to win a $20 Amazon Gift Card! </div> </div> </div> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/ashley-jacobs">Ashley Jacobs</a> of <a href="http://www.wisebread.com/ask-the-readers-do-you-gamble">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-3"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/join-our-tweetchat-on-thursday-615-12pm-pacific-for-a-chance-to-win-prizes">Join Our Tweetchat on Thursday 6/15, 12pm Pacific for a Chance to Win Prizes</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/join-our-tweetchat-at-400-cdt-for-a-chance-to-win-prizes">Join Our Tweetchat for a Chance to Win Prizes!</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/7-ways-to-make-money-with-friends">7 Ways to Make Money With Friends</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/ask-the-readers-how-did-you-spend-your-first-paycheck">Ask the Readers: How Did You Spend Your First Paycheck?</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/playing-the-lottery-is-a-bad-gamble">Playing the Lottery Is a Bad Gamble</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Announcements Ask the Readers blackjack casino gamble lottery poker Tue, 19 Jun 2012 10:36:08 +0000 Ashley Jacobs 935178 at http://www.wisebread.com Best Money Tips: Escaping the Mundane http://www.wisebread.com/best-money-tips-escaping-the-mundane <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/best-money-tips-escaping-the-mundane" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/red-stapler-swingline-tedsblog-flickr-71871725_3f71d7d971_o.jpg" alt="red Swingline stapler" title="Brighten up your mundane work day!" class="imagecache imagecache-250w" width="250" height="188" /></a> </div> </div> </div> <p>Welcome to Wise Bread's <a href="http://www.wisebread.com/topic/best-money-tips"><strong>Best Money Tips</strong></a> roundup. Today, we tell you how watching movies can increase your money IQ, why the rich are leaving their mansions, and how to get stuff done after a tiring day at work!</p> <h2>Top 5 Articles</h2> <p><strong>10 Movies That Can Teach You About Money</strong> &mdash; You don't have to read through a boring book on &quot;money management&quot; to get all the life lessons for handling cash. These movies can also help! <a href="http://blog.mint.com/how-to/10-movies-that-can-teach-you-about-money/">MintLife Blog</a></p> <p><strong>Are the Rich Walking Away From Million Dollar Mortgages?</strong> What's up with all the celebrities losing their mega-mansions? This piece helps put it into perspective. <a href="http://www.roshawnwatson.com/2010/07/are-rich-walking-away-from-million.html">Watson Inc.</a></p> <p><strong>Exhausted After Work</strong> &mdash; You know the scenario: You return home from work completely wiped out and there are more chores to be done! How do you overcome fatigue to get your household jobs tackled? This is encouraging reading. <a href="http://unclutterer.com/2009/01/16/ask-unclutterer-exhausted-after-work/">Unclutterer</a></p> <p><strong>5 Common Happiness Mistakes (Boosters) That Actually Do More Harm Than Good</strong> &mdash; Are you using any of these as a crutch? You might want to stop it. <a href="http://www.happiness-project.com/happiness_project/2010/07/5-common-happiness-mistakes-boosters-that-actually-do-more-harm-than-good.html">The Happiness Project</a></p> <p><strong>13 Tips for Enjoying Poker</strong> &mdash; The history of Wise Bread embedded in the joys of poker. For those of you who don't actually like it, however, these tips are for you! <a href="http://artofmanliness.com/2010/07/30/13-tips-for-enjoying-poker/">The Art of Manliness</a></p> <h2>Other Essential Reading</h2> <p><strong>Escaping the Mundane</strong> &mdash; Doing the same things over and over (especially in regards to defeating debt) can drain the life out of your life. Don't fall prey to the thought that frugality somehow equals deprivation. This article is an inspiration! <a href="http://www.thesimpledollar.com/2010/07/31/escaping-the-mundane/?utm_source=feedburner&amp;utm_medium=feed&amp;utm_campaign=Feed%3A+thesimpledollar+%28The+Simple+Dollar%29">The Simple Dollar</a></p> <p><strong>Save Money on Shipping With Free Boxes from USPS</strong> &mdash; While UPS and FedEx will also give you free boxes (assuming you use their services), most people are more likely to use USPS for their shipping needs. Don't ever pay for boxes again! <a href="http://www.getrichslowly.org/blog/2010/07/29/save-money-on-shipping-with-free-boxes-from-usps">Get Rich Slowly</a></p> <p><strong>Treat Your Job as If You&rsquo;ve Won the Lottery</strong> &mdash; With unemployment high, and opportunities in many areas low, consider how lucky you are to be employed! <a href="http://www.financialsamurai.com/2010/03/04/treat-your-job-as-if-you-won-the-lottery/#more-5813">Financial Samurai</a></p> <p><strong>6 Ways to Make Your Flip Videos Rock</strong> &mdash; There's more to great video than just whipping out the Flip and expecting magic to happen. Get professional tips for better videos now! <a href="http://mylifescoop.com/featured-stories/2010/07/6-tips-to-make-your-flip-videos-rock.html">My Life Scoop</a></p> <p><strong>Welcome to the Real World</strong> &mdash; With heavy reference to <i>The Matrix</i>, this re-release of an older blog post offers some hard truth about money. <a href="http://www.bripblap.com/welcome-to-the-real-world/">Brip Blap</a></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/linsey-knerl">Linsey Knerl</a> of <a href="http://www.wisebread.com/best-money-tips-escaping-the-mundane">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-3"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/6-ways-money-really-can-buy-happiness">6 Ways Money Really Can Buy Happiness</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/25-ways-to-feel-better-fast">25 Ways to Feel Better Fast</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/chinese-money-habits-how-my-culture-influences-my-attitudes-toward-money">Chinese Money Habits - How My Culture Influences My Attitudes Toward Money</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/do-you-want-to-be-happy-then-heres-what-you-need-to-do">Do You &quot;Want&quot; to Be Happy? Then Here&#039;s What You Need to Do.</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/quarterlife-crisis-what-is-it">Quarterlife Crisis! What is It?</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Career Building General Tips Lifestyle Personal Development Real Estate and Housing best money tips ecommerce happiness mortgage movies poker shipping USPS video tips Mon, 02 Aug 2010 22:15:16 +0000 Linsey Knerl 196234 at http://www.wisebread.com Going All-In: What Texas Hold 'Em Can Teach You About Investing http://www.wisebread.com/going-all-in-what-texas-holdem-can-teach-you-about-investing <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/going-all-in-what-texas-holdem-can-teach-you-about-investing" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/3246434275_dea7c872e2.jpg" alt="JC Poker star on Flickr" title="JC Poker star on Flickr" class="imagecache imagecache-250w" width="250" height="333" /></a> </div> </div> </div> <p>Sure, the initial hold 'em craze is over. Only the die hards watch the World Poker Tour on ESPN 35, or how ever many channels they have now. But all those things you learned when the craze was going strong can still help you out. Investing, like poker, takes a combination of well-honed skill and a dollop of chance if you're going to come out ahead. Here are some thoughts on applying your knowledge of one for success in another.</p> <p><strong>Know the Value of Your Hand</strong></p> <p>If you've played poker for any amount of time, you know that the hand you start with says a lot about how you play the rest of that hand. Do you fold? Push all-in? Make a value bet and hope for a helpful flop? Knowing the game well makes decisions like these automatic. In fact, most good poker players actually memorize the possible starting hands in order of their value so they know what to do with the cards they're dealt.</p> <p>In a similar vein, it pays to learn about investing before you do it. Read some personal finance blogs, do a Google search on the investments you're interested in, look for reviews and discussions and comments that might teach you something you already know. Before you put your money into the game, know your options. Once you've invested, keep tabs on your money. While it's often best to leave your money in one place for a long time, the health of any fund can change. If you know the value of your money, you can catch these shifts before they're hugely destructive.</p> <p><strong>Play Your Cards </strong></p> <p>When you invest, like when you play poker, you can only play your hand. That includes the cards and the general state of who you are at the moment. You start with your cards, your chips, your level of exhaustion, emotional stress, and general health. Sometimes, the right decision is to leave the game, or stay out of it entirely. Similarly, right now may not be the time to invest or reinvest. Or maybe you'll decide to skip the strategy that's popular among your friends because your financial situation is different. No matter what the people around you are doing, remember to play your own hand. It would be nice to always get dealt rockets, but it doesn't happen very often. When you focus on what you really have in front of you, you can make accurate decisions based on what is, not what you wish could be.</p> <p><strong>Push All-In</strong></p> <p>If you've educated yourself in the ways and wiles of poker, you'll know your moment when it comes. You'll recognize the signs, see that telltale twitch on another player's face, or see your favorite hand in the hole. When that moment comes, you have to be ready to put your money and your skill on the line. Similarly, when you've done the research and assessed your current situation, it's time to invest that money. All the research in the world doesn't come to anything if you can't put your money down when the moment comes.</p> <p><strong>Ride the Waves</strong></p> <p>Even the best poker players take bad beats. It happens, just like every investment goes through periods where it loses value. In both cases, the people who come out on top are the ones who can weather those turns, outlast chance, and who are still standing when the tide runs back in their favor. Instead of losing your cool when you're losing money in your investments, be like the poker player who lives to play another day. Anger, frustration, and fear don't lead to rational decision-making. If you can't let those feelings go, take a step back and don't make any decisions until you can. Then, evaluate your situation and make your decision. You'll win and you'll lose, but if you stay in the game and keep your emotions in check, you'll be likely to come out on top.</p> <p>May all your investments pay out!</p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/sarah-winfrey">Sarah Winfrey</a> of <a href="http://www.wisebread.com/going-all-in-what-texas-holdem-can-teach-you-about-investing">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-1"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/7-occasions-when-you-should-definitely-hire-a-financial-advisor">7 Occasions When You Should Definitely Hire a Financial Advisor</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-investors-with-better-returns-than-warren-buffett">5 Investors With Better Returns Than Warren Buffett</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/real-estate-investing-is-cheaper-and-easier-than-you-think">Real Estate Investing Is Cheaper and Easier Than You Think</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/is-paying-off-your-mortgage-early-costing-you-money">Is Paying Off Your Mortgage Early Costing You Money?</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/3-steps-to-getting-started-in-the-stock-market-with-index-funds">3 Steps to Getting Started in the Stock Market With Index Funds</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Investment investing poker texas hold 'em Tue, 03 Feb 2009 19:38:52 +0000 Sarah Winfrey 2809 at http://www.wisebread.com