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re: What do you do for 'extra' money?

Posted on 12/11/12 at 9:37 pm to
Posted by bunky
Portland, Ore.
Member since Jul 2011
4639 posts
Posted on 12/11/12 at 9:37 pm to
quote:

Are they hard tasks? I wasn't sure what some of them were but I don't have an account.



Some of them are a pain in the arse, I usually time myself while I try a few. If the $ per hour would turn out to bad, I move on to others. Surveys are the best, IMO.
Posted by fatboydave
Fat boy land
Member since Aug 2004
17979 posts
Posted on 12/11/12 at 9:48 pm to
Sell plasma
Posted by Purple Turtle
Member since Dec 2012
69 posts
Posted on 12/11/12 at 10:01 pm to
There's a lot of little jobs that people love to pay you for, like clipping peoples' fields, or tutoring, or giving baseball lessons. I was a pizza delivery guy one summer during high school, which gave me a lot of extra money.

Or you could always whack off in a cup...
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
75097 posts
Posted on 12/11/12 at 10:06 pm to
Donate plasma
Posted by Tmacelroy12
Houston
Member since Aug 2012
5489 posts
Posted on 12/11/12 at 10:14 pm to
Damn LSURussian, props!

How much do you research before you invest? And do you have any sort of strategy or do you just pull the trigger on random stocks?

To be more specific, do you target specific industries and go from there, or just pinpoint certain companies?
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 12/11/12 at 10:41 pm to
He never told you the value he started with.

Posted by LSURussian
Member since Feb 2005
126843 posts
Posted on 12/12/12 at 7:34 am to
quote:

How much do you research before you invest?
Not too much. I'm already very familiar with the 30 or so companies I trade. The only ETF I trade is SDS, a leveraged inverse ETF. I just use it when I can't find any of my usual stocks are down enough to buy.

quote:

And do you have any sort of strategy or do you just pull the trigger on random stocks?

Certainly not random stocks! I look for anomalies in the prices of about 30 stocks, all considered to be large caps. If the price goes up or down outside of a "normal" daily range without any unusual news on that company, I will either buy or short the stock.
Posted by LSURussian
Member since Feb 2005
126843 posts
Posted on 12/12/12 at 7:35 am to
quote:

He never told you the value he started with.


Shhhh!!! You're not supposed to tell my secrets!

ETA: I just looked at my spreadsheets of my trades this year.

I've made 227 trades with 12 of those trades resulting in a loss. One of those 12 losses was one for JPM in May. I made an unfortunate move and bought JPM the day before the "London Whale" write-down news broke. (No one can accuse me of having insider info on JPM! ) That trade caused a loss of $8,908.77. I bought at $43.197 and sold at $36.69. That one hurt bad. It was by far the biggest loss I've ever had in my day trading. Net of the 12 losses my "profit" this year, Y-T-D, is $48,262.95. Without the JPM loss I would have had over $57,000. DAMN THAT LONDON WHALE!!!
This post was edited on 12/12/12 at 9:37 am
Posted by Golfer
Member since Nov 2005
75052 posts
Posted on 12/12/12 at 9:36 am to
quote:

Bought crawfish from farmers and delivered them to people in BR. (could make about $1000 per day)


Damn, I could do this on the weekends during the spring. That's usually my slow time.
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 12/12/12 at 9:51 am to
quote:

Damn, I could do this on the weekends during the spring. That's usually my slow time.


It's incredibly profitable, but you have to know a farmer who would be big enough to supply you without pissing off his buyer.

If crawfish are $2.00 per lb in BR, farmers are getting somewhere around $1.00 south of Lafayette. It takes some time to set everything up, but for 60 bucks in gas and an add in the newspaper, you can make ~$1.00 per pound. I would also sell burlap sacks (cost maybe 5 bucks) for 25 dollars. In addition some people would tip me.

The downside is that this really only works aobut 5 weekends per year.
Posted by Golfer
Member since Nov 2005
75052 posts
Posted on 12/12/12 at 9:55 am to
quote:

It's incredibly profitable, but you have to know a farmer who would be big enough to supply you without pissing off his buyer.


I'll ask around.

quote:

The downside is that this really only works aobut 5 weekends per year.


This is perfect for me. Easy way to make some extra $$$.
Posted by hiltacular
NYC
Member since Jan 2011
19664 posts
Posted on 12/12/12 at 9:56 am to
Their is a marketing research firm next door to my office and every month or so they will call me for a research opportunity. I usually get paid $50-100 to test Wendys chicken nuggets or Arbys sandwiches or Starbucks coffee.

I probably make $500-1000 in a year doing this, extremely convenient.
Posted by LSURussian
Member since Feb 2005
126843 posts
Posted on 12/12/12 at 10:13 am to
Getting paid to eat?!?

I WANT IN!!!!

Posted by hiltacular
NYC
Member since Jan 2011
19664 posts
Posted on 12/12/12 at 10:20 am to
quote:

Getting paid to eat?!?


It's great. Off the top of my head I have been paid for the following things:
1)Wendy's spicy chicken fingers
2)Arbys roast beef sandwich
3)Starbucks coffee
4)Some form of protein bars
5)Pizza Hut Sub Sandwiches
6)Wendy's chicken sandwich

Google where you live + marketing research and sign up for their email list, such an easy way to get a few extra bucks.
Posted by ItNeverRains
37069
Member since Oct 2007
25363 posts
Posted on 12/12/12 at 10:30 am to
Sold 4 songs to Disney past year, 2000-3000 per track, keep 50% of royalties, average 1-2 year past 5-6 years. Also do work for Getty Images which treats me well. BMI mailbox money is awesome.

Did new hire kits for one of wife's clients, averaged 8-10k a year on this job last 3 years but this year they went 100 electronic. Didn't have time with real estate market the way it is here anyways (although I would have found a way!)

This really helped 2008-2010 when real estate market crashed
Posted by ItNeverRains
37069
Member since Oct 2007
25363 posts
Posted on 12/12/12 at 10:32 am to
quote:

Getting paid to eat?!? I WANT IN!!!!


In Atlanta I did this, made an extra 500-600 month. You just had to lie and say you hadn't done a survey in last 30 days and they'd use you every time
Posted by wegotdatwood
Member since Aug 2009
17094 posts
Posted on 12/12/12 at 10:36 am to
quote:

Sold 4 songs to Disney past year, 2000-3000 per track, keep 50% of royalties, average 1-2 year past 5-6 years


What songs? How did you go about getting them to even listen?
Posted by bpfergu
Member since Jun 2011
3485 posts
Posted on 12/12/12 at 10:58 am to
Multi-tabled (24+ tables) online poker before Full Tilt and Pokerstars shut down/were closed to US players. Also traded options in college but I don't have time during the day to do that anymore since I work full time. I have a couple ideas of stuff to work on at night that could potentially earn a few bucks but I just have to get off my lazy arse and do them.
Posted by BestBanker
Member since Nov 2011
17473 posts
Posted on 12/12/12 at 1:01 pm to
sleep studies.
donate plasma.
residuals on life insurance premiums.
sell my children's assets on ebay.
take a penny from every "take-a-penny" cup at the convenience stores.
Posted by LSURussian
Member since Feb 2005
126843 posts
Posted on 12/12/12 at 1:04 pm to
quote:

take a penny from every "take-a-penny" cup at the convenience stores.**



**makes note to self....
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