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Everything You Need To Know About The Use Of Litecoins



Litecoins are a form of cryptocurrency that has grown in popularity in response to the demand for alternative currency options from consumers around the world. This currency works much like standard world currencies. Traders and investors have realized the great potential this currency has to offer, and it is heavily traded by beginning and seasoned investors alike. The best way to get the most out of Litecoin trades is to utilize the services of a Litecoin broker. There are numerous Litecoin brokers available that have excellent reputations for providing their clients with superb service. These brokers will be able to help traders make sound decisions about their investments.

When you hire a good Litecoin broker, they will have numerous tools and resources available to ensure that your trades go smoothly. Perhaps the most used tool by these brokers is the Litecoin news widget. This widget can be fully customized to meet your specific needs. It will give continual updates on cryptocurrency news and other relevant information, so that you will be privy to the latest news developments as they are released on the wires. The following will give insight on what exactly this cryptocurrency is and how it can be used and obtained in addition to trading for it.

What are Litecoins?

Litecoins are a form of virtual currency that can be obtained and used to buy and sell various services and products such as jewelry, clothing, food, and electronics. Since this currency is only used online, its value is determined by demand on currency trading websites. This cryptocurrency can be traded, or it can be mined. When mining for the currency, the process can be a daunting task. Computers solved mathematical equations, and they are rewarded as a result. Nearly any good computer can mine for the currency, but statistically the odds of success are low and it can take days just to earn a couple of coins.

The Difference between Litecoins and Bitcoins

The main difference is that Litecoins can be purchased much faster than Bitcoins, and their limit is set to 84 million, whereas Bitcoin’s limit is only 21 million in comparison. Bitcoins are accepted at more online stores, but Litecoins are being rising in popularity every single day. The currency is decentralized, so this is a great advantage to traders. The cost is predicted to be lower than Bitcoin costs, as the cryptocurrency becomes more widely known.

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Manual Credit Card Imprinters Becoming Obsolete




Since the introduction of credit cards in the 1960’s, the cards have carried the card number, expiration date and cardholder name in embossed or raised letters on the plastic card surface.  Mechanical devices were developed and used to imprint credit card charge slips from those raised alphanumerics.  Those slips were then, for many years, deposited into the merchant’s bank account like checks to prove the transaction took place. More recently, the cards were affixed with a magnetic stripe and were swiped through electronic devices that read and transmit the card information to processing centers for verification and sale authorization. 

Electronic processing has now become so standardized that last year Visa announced they were going to phase out the embossing of card information on the card surface and future cards will be “flat”, the card information printed but only accessible magnetically with the stripe on the back.   Other card associations – MasterCard and the rest-will follow suit shortly.

Few merchants still manually take imprints of cards anymore, with the exception of merchants accepting card payments for delivery of goods or services ordered by telephone – such as a pizza restaurant, for example.  They do so to verify that the physical card has been presented to the merchant during the transaction, in order to prevent fraudulent charge backs.

In my own wallet I have an ePassporte Visa Electron card and the numbers are flat.  No imprint can be taken.

And no imprint any longer needs to be taken.  The new standard is to always swipe the card through a terminal, whether that terminal be in the store, next to or part of the cash register or point of sale system, or via use of a wireless terminal a driver carries with themselves to the customer for payment at time of delivery.

If your business takes orders by telephone or mail and you are manually keying credit card numbers into your terminal, you are costing yourself a lot of money in additional card processing fees.  Manually keyed-in transactions are processed as “non-qualified” transactions at a rate more than double your basic rate, due to risk of fraud by the card not being physically present.

The fact is, card imprints are no longer a safeguard against fraud, because any criminal can create phony credit cards and use an Addressograph machine to emboss stolen credit card numbers onto them.  Encoding a magnetic stripe on the back, however, is almost impossible to counterfeit.  The stripe contains not only the card number but other coding which, when swiped through a terminal, verifies to the bank that the actual card is present and being swiped, not manually keyed in.

What can a merchant do?

Short of purchasing some sort of portable photocopier to copy the customer’s card and perhaps I.D., the only thing to do is to catch up with 21st century technology and equip your drivers or delivery personnel with wireless credit card terminals.  The terminals may be purchased or leased from your credit card processor and they pay for themselves quickly, because now all transactions they process will be under a lower  rate, as card-present transactions.

These terminals include a printer so you can get a signed receipt from the customer after the transaction is put through and authorized, and you print a second receipt copy for the customer.  Just as if the customer had been physically in your store.

I have equipped many mobile merchants with these devices: food delivery, locksmiths, massage therapists, computer technicians, handymen, plumbers and other repair personnel – the list is growing every day as more businesses go mobile and deliver their goods and services to customers.  The terminals are also great for fairs, shows, conventions and other locales with no landline telephone access available.

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April 2008 Mortgage Licensing Update




The April Mortgage Licensing Update includes the following updates:

o FHA Licensing Bond – Will it ever pass?

o Alaska Mortgage Licensing – July 1, 2008

o New York Mortgage Licensing – Transition to NMLS

o Surety Bond Issues – Massachusetts, District of Columbia, and New York

o HUD Exempt States – This is really interesting

FHA Licensing Bond

Congress has been working on reconciling the FHA Modernization Act for months now and although it appears every week that they are making progress, it is still very unclear whether a bond provision will be in the new law. If you are looking to do FHA loans and you don’t meet the $63,000 net worth requirement, I recommend looking into other options. There are many companies out there that will allow you the independence you desire while operating under their HUD approval.

Alaska Mortgage Licensing

Although you won’t find anything on Alaska’s website, mortgage broker and lender licensing are required by July 1, 2008. The contact is Roger Prince at (907) 269-8144. My recommendation is to contact him as soon as possible if you desire to originate in Alaska after July 1, 2008.

New York Mortgage Licensing

The transition for New York Mortgage Brokers and Bankers to the NMLS has started. Beginning April 1, 2008 you can now submit your company information into the NMLS. The deadline for transition is September 1, 2008. With the complete incompetence of the New York Banking Departments Mortgage Licensing Division, there is great concern that they will be able to handle this in a professional manner. It could turn out very bad for many companies if this does not go smoothly, but it is possible that the NMLS will eventually streamline the process of getting licensed in New York, which at this time is the most difficult state for licensing in the nation. My hope is that they clean house over there and get rid of the people that are uncooperative and rude.

Surety Bond Issues

Massachusetts, District of Columbia, and New York are becoming very difficult states to place bonds in. Hartford issued a letter that they would not be renewing any Massachusetts bonds. District of Columbia has made some changes to the way they interpret the bond increasing the liability for the carrier, and New York has been making so many claims on the bonds that no surety carrier wants to write them anymore. My recommendation to you is to contact these states if you are licensed in them and complain. They need to make some changes to their surety bonds and the way they use them or the mortgage companies in these states are going to lose their licenses or be forced to pay a lot of money to get the bonds. Let your voices be heard.

HUD Exempt States

HUD approval allows you to do FHA loans, but it also has another added benefit: HUD exemptions. About 10 years ago, you could be exempt in most states if you were approved to broker FHA loans, but slowly the states have taken away these exemptions. Here is the list of states that still have some form of exemption in their laws. Keep in mind that some of these exemptions will not apply to you and some lenders do not accept exemptions.


Hawaii under Foreign lender exemption (some banks don’t take it though – most do)

Oklahoma if you have a FHA nationwide direct lending branch or a FHA approved branch with a lending area that includes OK.

Ohio if you only originate HUD loans.


Indiana if you originate 25 FHA loans per year in IN as of 1/1/08 OR if you have a Full-Eagle.

Kentucky if you originate 12 FHA loans per year in KY.

Tennessee will allow you to register instead of license, which removes the $90,000 bond requirement, however, if you are already licensed, you will be required to keep the bond for 2 years after changing from licensee to registrant.

Texas as a full-eagle under the mortgage banker registration (Must have DE Underwriter on staff)

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1-375 WoW Professions Guide




Welcome to Arcbound’s Crafting Guide! This guide is meant for either an individual or a guild that is interested in finding efficiencies while leveling multiple professions at the same time. By using the interdependencies of the different professions, you can make the process of leveling these professions less expensive and time consuming than by doing them one at a time.

You have two options when it comes to creating a set of characters. With the first option, each crafting profession is paired with the most appropriate gathering profession:

1) Mining, Jewelcrafting

2) Mining, Blacksmithing

3) Mining, Engineering

4) Skinning, Leatherworking

5) Tailoring, Enchanting

6) Herbalism, Alchemy

Or, if you are opposed to having so many characters, you could have the following arrangement:

1) Tailoring, Jewelcrafting

2) Mining, Engineering

3) Leatherworking, Skinning

4) Enchanting, Blacksmithing

5) Alchemy, Herbalism

In any case, your first step after creating your characters will be to level them up to about 10 and get them to a major city. Once in the city, train with the appropriate professions and buy any necessary gathering equipment (i.e. Mining Pick, Skinning Knife). Now that you have your gathering equipment, it’s time to get out there and gather!


When you first start off at level 10, it is probably best to keep leveling and gather as you go. If you need help leveling, I recommend either Joana’s Leveling Guide for Horde or Brian Kopp’s Leveling Guide for Alliance. Once you get to level 20 you should be high enough to do some gathering runs. To find mining nodes and herbs, I recommend MapWoW. Leather can be skinned from most beasts you come across, and Cloth drops from most humanoids. To find drop rates for items, you can do a search on Allakhazam. Once you’ve gathered everything you’ll need to buy any rare materials that you didn’t get or vendor items needed for the round of crafting you’re about to do. (N.B. Always be thinking about your Enchanter. Anything green or better you make that won’t sell well at the Auction House should be sent to your Enchanter for Disenchanting.)

Materials to Gather

· 264 Copper Bar

· 210 Rough Stone

· 60 Tin Bar (to make Bronze)

· 35 Light Leather

· 20 Light Hide

· 160 Linen Cloth

· 60 Peacebloom

· 60 Silverleaf

Materials to Buy

· 20 Tigerseye

· 14 Weak Flux

· 10 Wooden Stock

· 75 Coarse Thread

· 1 Copper Rod

· 1 Strange Dust

· 1 Lesser Magic Essence

· 60 Empty Vial



Delicate Copper Wire

40 Copper Bar

(keep for Tigerseye Bands)


Rough Stone Statue

80 Rough Stone


Tigerseye Band

(buy 20 Tigerseye, send extras to Enchanter for DE)


Bronze Setting

60 Bronze Bar

(keep for Pendant of the Agate Shield)



Rough Sharpening Stone

50 Rough Stone


Rough Grinding Stone

40 Rough Stone

(keep 25 for Silver Rods)


Copper Chain Belt

120 Copper Bar



Rough Blasting Powder

40 Rough Stone


Handful of Copper Bolt

10 Copper Bar

(keep for Rough Broom Sticks)


Arclight Spanner

6 Copper Bar


Copper Tubes

28 Copper Bar

(buy 14 Weak Flux, keep 10 Copper Tubes for Rough Broom Sticks)


Rough Broom Stick

(buy 10 Wooden Stock)



Light Armor Kit

35 Light Leather


Cured Light Hide

20 Light Hide

(keep 15 for Fine Leather Tunic)



Bolt of Linen Cloth

160 Linen Cloth

(keep for Linen Bags and Reinforced Linen Cape)


Linen Bag

(buy 60 Coarse Thread)


Reinforced Linen Cape

(buy 15 Coarse Thread)



Runed Copper Rod

(buy 1 Copper Rod, 1 Strange Dust, 1 Lesser Magic Essence)


Enchant Bracer – Minor Health

(always Disenchant for experience first)



Minor Healing Potion

60 Peacebloom, 60 Silverleaf

(buy 60 Empty Vial, keep 50 for Lesser Healing Potions)

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6 Tips to Help You Improve Your Investment Strategy When Trading BTC




If you want to invest in Bitcoin, make sure you consider a lot of factors. This decision should be based on solid technical evaluation and comprehensive analysis. You don’t want to risk your hard-earned money. Instead, the goal of every investor is to earn maximum return on his or her investment dollars. Let’s discuss a few tips that can help you improve your investment strategy. Read on to find out more.

1: Know the Basics

The first step is to make sure you can earn a return on your investment, which is possible only if you are familiar with the basics. At times, if you don’t fully understand the fundamentals, you may end up making the wrong decisions.

So, the terms you should know include crypto currency exchange, private keys, public keys, wallets, and digital coin, to name a few. Knowing these basic terms is important for making better investment decisions.

2: Be Consistent

Often, we take too long to make important decisions for many reasons. As a matter of fact, even experienced investors may end up making this mistake. It’s important to understand that tweaking your strategies based on the market conditions is paramount. The value of Bitcoin continues to change, which means you need to change your investment strategies from time to time.

3: Use Technology

The digital currency concept depends upon technology, which means you should be able to use the technology for your investment decision. For instance, you can try out automated bots as they help with crypto currency trading. Therefore, you don’t need to intervene a lot.

This type of tools can help you save a lot of time and effort during your decision making process. Therefore, using them is a stroke of genius.

4: Consider Exchange Charges

When it comes to opting for a crypto currency exchange, make sure you are quite selective. Actually, different exchanges have different tariff rates, which can have a great impact on your ROI. This is important if you get involved in many small trades as each transaction is charged based on the rules and regulations of the exchange. Therefore, you should ensure that you opt for the best exchange to reduce the fee.

5: Don’t Overtrade

At first, some investors tend to engage in overtrading. They do several trades per day, which is a serious mistake. You may want to avoid it, as the results can be devastating. So, you should take your time and make each trading decision after careful thinking.

6: Consider Alternatives

In some avenues, your BTC investment may prove quite productive. You may want to opt for an alternative that can minimize your risk and maximize profit. So, what you need to do is opt for an alternative that involves low risk and more profitability.

Long story short, Investing in BTC can be quite productive, especially if you follow an attentive and measured approach. So, make sure you learn the basics and compare different alternatives to make the best decision. Hope this helps.

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Consumer Credit VS Capital Credit: Exposing the Systematic Roots of Income Inequality




There’s a BIG difference between CONSUMER CREDIT and CAPITAL CREDIT. And understanding this difference will help readers understand why American income has become so inequitably distributed, especially over the past four decades, and why the wealth gap between the few and the many, threatens to undermine American democracy.

Consumer credit on one hand, is easy to get. Fill out a few online forms and unless you have some real financial problems you’ll receive your very own, personalized, plastic credit card along with all the accompanying literature (lots of fine print) within days.

With consumer credit in hand you can buy anything from gas at the pump, to beer at the ballpark, or a college education (student loans sound familiar to anyone?). A consumer credit card company wants you to buy all kinds of things on credit (often at ridiculously high interest rates – formerly called usury), to pay later, while piling up a mountain of debt that will allow the lending institution to make you work for the rest of your days in order to pay off your debt to them.

In Contrast – Capital Credit…
On the other hand, capital credit allows you to purchase wealth producing capital assets (i.e. land, machinery, buildings, corporate stock), to pay back the loan at a reasonable rate until you own the asset outright, and are reaping the full financial benefits of owning wealth producing capital. Done right, the loan is paid back out of FUTURE EARNINGS (i.e. dividends) instead of the borrower’s own pocket.

Capital credit however, is much harder to get (try buying a house sometime) than consumer credit. Generally speaking, borrowers must be able to prove they don’t need the money (meaning they have ample collateral with which to back the loan) before the lending institution agrees to anything. The result is that most wealth producing capital assets that yield lucrative dividends to their owners are accessible ONLY to a small percentage of people – the 1% to 5% who can prove they don’t need the money.

Almost everyone else is effectively left out in the cold when it comes to accessing capital credit and owning wealth producing capital assets. This is the basic reason for the wealth gap that’s transformed America’s democracy into a 21st century American oligarchy.

Enter Kelso and Adler
Enter a gent named Louis O Kelso, who back in 1958 published a book entitled “The Capitalist Manifesto,” in which he (and co-author Mortimer Adler) suggested that every American citizen should have access to capital credit with which to purchase wealth producing capital assets at reasonable interest rates and in the process actively participate in (instead of being left out of) America’s highly productive free market economy.

Such a strategy according to Kelso and Adler, would democratize a free market economy. Such a strategy would maintain the private ownership essence of the free market while preventing the monopolistic tendencies that have historically undermined political democracy in laissez faire capitalist economies. In other words, it would save the free market from its own historical tendencies to self destruct.

By democratizing the free market (while creating lots of demand via a second “investment income” for every citizen*) and systematically reducing the malignant wealth gap, Kelso and Adler predicted an economic expansion even larger than the one that followed in the wake of Abraham Lincoln’s Homestead act of 1863 which gave every American citizen 160 acres of land (one kind of wealth producing capital asset), if they were willing to take care of it. But where land is finite, business opportunities and corporations (as well as the economic possibilities) are infinite.

Oligarchs Successfully Marginalized Kelso/Adler
The oligarchs however have successfully kept a lid on Kelso and Adler’s revolutionary ideas and to this day most of the public actually thinks there are ONLY 2 choices when it comes to economics. There is the historically right leaning, free market, laissez- faire capitalist approach of the Republicans. And there is the historically left leaning, labor union favoring approach of the Democrats.

The right pushes rugged individualism and personal responsibility while the left pushes enlightened self interest which recognizes that we’re all in this together. According to conventional wisdom, the political pendulum swings between these two poles and in the process the Kelso/Adler prescription has been effectively ignored by the “free press.”

Enter the Capital Homesteading Act
But that does not mean “ownership economics” are dead and gone. On the contrary, over the past half century thousands of employee owned companies (ESOPS) and worker owned co-ops have sprung up around the nation. When done for the right reasons (not to bail out a failing airline) these examples democratize the conventionally despotic corporate plantation.

Professor Rick Wolfe, Dr. Guy Alperovitz, and Dr. Ted Howard are unabashed, vocal proponents of worker owned co-ops based on the Spanish Mandragon model. Off shoots of this can be found in places like Cleveland, Ohio (the Evergreen Co-op) and Jackson Mississippi (championed by now deceased Mayor Chokwe Lamumba).**

And a resilient band of renegades known as the Center for Economic and Social Justice, led by Dr. Norm Kurland has developed and introduced The Capital Homestead Act which exchanges land for capital assets, and in the process gives every American citizen access to capital credit (per Adler/Kelso). The Capital Homestead Act is built on a foundation of PRIVATE OWNERSHIP which those on the right will applaud. Yet it also accounts for the fact that WE’RE ALL IN THIS TOGETHER, which those on the left will applaud. In other words the Capital Homestead Act takes the best of both sides and merges them into a 21st century idea whose time has come.

Capital Credit: an Idea Whose Time Has Come
In any case, the time has arrived for an alternative solution because the arguments on the conventional right and those on the conventional left have fallen short of the mark when it comes to empowering individual citizens, recognizing that we really are all in this together, and when it comes to democratizing a free market economy. Ownership economics is the key to the future for anyone who really wants a political democracy.

*The 2nd income is generated from distributed dividends NOT from taking a 2nd job.

** Rutgers University also offers its annual Louis O Kelso Fellowship which plants academicians around the nation with some background in this unique line of thinking.

Actually people around the world are interested in the concept of Ownership Economics as exemplified by the Global Justice Movement and through presentations by internationally renowned scholars such as Professor Stefano Zamagni.

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What Are the Benefits Of Using Checks Instead Of Cash or Credit Cards?




What are the benefits of using checks instead of cash or plastic is a question often asked by many people. Unless a person has a financial background they don’t typically understand the differences advantages of using different forms of payment. However, these different forms of currency do have major differences when it comes to a person’s financial security.

What most people don’t understand is that cash is not trackable like checks or credit cards. If they lose it or it gets stolen then it is just lost and will not be replaced because there is no way to prove exactly how much money was lost or stolen or by whom it was taken. This is why most criminals prefer cash over other forms of currency.

The next method of using money is to pay for everything with a credit card. When a person uses a credit card to pay for purchases they feel safer than with cash because there is at least some kind of a record of the transaction. However, what most people do not take into account about using credit cards are the fees that go along with it. Paying for items with a credit card often leads to spending more money than a person can really afford because they don’t realize how much they are actually spending and they do not take into account the interest fees that are associated with using a credit card. However, the biggest downside to credit cards is that they tend to get stolen and although they are somewhat trackable, they can still be abused by others who know how to play the system. There are some machines or businesses that accept credit cards which do not require a pin number, signature or ID to prove that they have a right to use the card which makes it very difficult to capture the thief that stole the card. This is why many of these criminals are never caught and the money is lost because they have to prove it was a fraudulent person using the card and not the rightful owner of the card. Therefore, credit cards are not a totally secure means of using your money either.

A personal check is great for paying bills because it’s not obvious as to what it really is when mailed in an envelope and not just anyone can cash it. People tend to keep better records with checks than other forms of payment and they serve as a receipt for proof of payment. The bank keeps a copy in case you lose yours which makes it great for protecting your money. The other advantage is that the law helps protect you from someone stealing a check and fraudulently signing your name to it. Therefore, if you think someone stole a check and fraudulently signed your name to it then you can have the bank check the signatures with an expert to confirm that it is not your signature. Once it is verified that the signature is a fraud the bank will typically return the money to your account and go after the person that committed the fraud in order to prosecute them to keep them from being able to do it again to someone else.

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Bankruptcy – Is a Home Mortgage Possible?




Have you had a bankruptcy and don’t know how it will affect you in regards to getting a mortgage loan? It may not be as bad as you think. You had a bankruptcy. Lots of people do and rebound from it. Here is some information to keep in mind when getting your mortgage after going through the process.

You probably won’t be able to get into a mortgage for at least two years after the bankruptcy has been discharged if you filed chapter 7. That is usually the waiting period lenders will impose before considering a loan. Once that time frame is up, there should be no issues getting financed. If you filed chapter 13 bankruptcy, the Federal Housing Administration will consider a loan in as little as one year.

The important thing for a consumer to do is begin immediately re-establishing their credit and building their credit score. This can be done by paying rent and utility bills on time. Or, perhaps obtaining a secured credit card, a credit card where the balance is paid in by the cardholder to establish the account.

You should, however expect to pay a higher interest rate. You will pay the higher rate, because you are a higher risk. Keep good records of all of the payments you have made since the discharge. If the bank sees that you have been on time with your payments and are current on your accounts, it may help to keep your interest rate on the lower side. Remember, it isn’t just the bankruptcy that affects your ability to get the loan or the interest rate. Employment history, loan to value and down payment also are a factor in the loan decision.

Securing the loan may be challenging. Stay positive, patient, and persistent. Lenders may want to do extensive digging into your financial records. Be as cooperative as possible. You don’t have to stay with one lender. Shop around. Get advice from multiple sources. Talk to your local brick and mortar banker. Dealing with someone you have a relationship with is helpful. Talk to a broker. Brokers deal with many types of situations and may be able to steer you in a path you haven’t thought of. Search online. There are many online companies that deal solely with helping people who have had bankruptcies obtain mortgages.

Banks will consider anyone with a bankruptcy a high risk. High risk is just that, high risk. Not impossible. You can still get a mortgage. You may have to jump through more hoops. You may have to pay more interest (which is deductible on your taxes). But you can buy a house.

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WOTLK Gold Farming Secrets – Make Gold Fast in WOLTK




The latest expansion to World of Warcraft WOTLK (Wrath of the Lich King) offers many new opportunities to make lots of gold. A quick note if you’re a professions person you need to be level 350 at your professions to mine/disenchant/gather herbs/skin etc in the Northrend starting zones.

Just like prior ways to make money in the game, they still apply in Northrend on a larger scale.

If you haven’t already noticed, things cost a lot more in the game. From cloth to armour it seems everythings price has gone up dramatically, this is due to the fact that more gold is made in WOTLK quicker and easier.

Gold Farming in WOLTK consists of the three basic ways to generate gold.

1. Play the Auction House

2. Farm by killing Mobs (this includes some professions like skinning,cooking, enchanting to disenchant).

3. Farm your gathering professions(such as mining and herbalism).

I really hate JUST Mining or Gathering herbs so I highly recommend herbalism or mining along with skinning as professions (and definitely cooking as a secondary).

This way, when you kill animals, you can skin them for leather which always sells well on AH and those animals may drop meat for cooking, which also has a daily quest for some easy cash, and the benefits of the cooking buffs is worth it no matter what.

This way when you are either questing to level up in Northrend or are 80 just farming gold you’re making the most use of your time.

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5 Alternative Investment Approaches





An alternative investment is a class of investment that are not covered under any Government regulatory like RBI, SEBI, IRDA, and PFRDA. It refers to a privately pooled investment fund – a trust or a company.

Here are some alternative investments approaches that may influence your investment decisions –


You invest to end up with more money than what you started with. It means you are looking for an absolute return: how much did you actually make, is the main focus.

Invest in assets that you believe will do well; don’t invest in a product just because it’s likely to outperform the market. Have your analysis on hand.


When it comes to investments, returns are easy to calculate. Keep your focus on Risk involved with the alternative investment asset as well. Prepare a list of the relevant risks. You need to have a clear idea of the risks involved in your investment, as it will help you to take a calculated decision.

Also, if at all something unexpected happens, you will be more likely to make better decisions if you’ve thought about the risks before investing.


Understand what will influence and drive the returns on your investment. While you hold the investment, monitor the value of your investment.

Constantly revisit your assumptions of the return drivers of investment, in case they don’t match your parameters or expectations rethink your investment.


Anything that’s not traditional is alternative. An alternative investment is populated by investment ideas that may not be immediately obvious. For instance cryptocurrency.

Continuously learning, exploring, researching, studying, and looking outside your comfort zone is the key to financial success.


Holding a mix of assets that are equally good, but which behave differently, will leave your portfolio’s return intact, and lower its risk as well.

Diversify means constructing a portfolio with very varied return drivers and risk parameters, not just different assets.

Most of us see investing in alternative investments highly risky. However, if you desire to live a successful and fulfilling life and retire with enough money to enjoy your retirement years, you must take calculated risks. This includes risks in your relationships, risks in your career, and risks in your investments.

While taking smart calculated risks is vital to reaching your goals in life, remember that taking bad risks and losing can set you back, sometimes significantly. It may help, however, to remember that taking smart risks is as simple as making wise decisions.

A Framework for Good Decision-making

I’ve learned a lot in my life from observing others and through my personal experiences-both good and bad. Therefore, when I consider taking a risk in any area of my life, here are the questions I ask myself:

1. What are the risks? Be honest. Don’t let your emotions prevent you from carefully considering all possible risks. This is where the landmines exist.

2. What are the odds of one of the risks coming true? Be truthful. Use real data whenever you can by doing research and talking to others.

3. What are the rewards? Be realistic. Can you really quit your day job and devote ten hours a week to something and make $100,000 a year? (Probably not.)

4. What are the odds of those rewards? Be sensible. Find out how many others have done something similar and how they have fared.

5. What other options do I have? Be creative. Don’t limit yourself. Consider all possibilities.

6. Do I need to make this decision today? Probably not. Take the time you need to do your research and explore your options.

After you finish answering these six questions, remove the emotions from your decision and ask what your gut is telling you. Also, never forget about the wild card risk; you don’t know what you don’t know!

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What Is the Meaning of Blockchain?




The blockchain is a unique invention: a brainchild of a person or group of people known as Satoshi Nakamoto. But since then it has developed into something more significant, and the central question everyone asks is: What is Blockchain?

By allowing the distribution of digital data but not copied, blockchain technology has created the backbone of a new type of internet. Initially designed for the digital currency, the Bitcoin community technology (Buy Bitcoin) now finds other potential benefits of technology.

Bitcoin is called “digital gold” and for a good reason. So far, the total value of the currency is close to 9 billion US dollars. And blockchains can make other types of numerical values. Like the Internet (or your car), you do not have to know how the blocker uses it. However, the basic knowledge of this new technology demonstrates why it is considered revolutionary.

Blockchain Durability and robustness

The Blockchain technology is like the Internet to have its robustness integrated. By storing identical information blocks in your network, blockchain cannot:

1. Has no single point of failure.

2. Be controlled by any single entity.

Bitcoin was invented in 2008. Since then, the Bitcoin blockchain has worked without significant disruption. (Until now, all the problems associated with Bitcoin are caused by hacking or mismanagement, in other words, these problems arise from evil intentions and human errors, not from imperfections in basic concepts).

The internet itself is almost 30 years old. This is a record that is good for blockchain technology because it is still evolving.

Who will use the blockchain?

As a web infrastructure, you do not need to know the chain of blocks to be useful in your life.

Currently, finance offers the most influential cases of technology use. For example, international payments. The World Bank estimates that more than $ 430 billion of remittances were sent in 2015. And for now, there is a high demand for development engineers.

Blockchain potentially reduces the intermediaries for this type of transaction. Personal computing has become more available to the general public with the graphical user interface (GUI) inventory, which has shaped the “desktop.” Also, the most common GUIs designed for Blockchain are called like this. Wallet applications being used by people to buy things with Bitcoin and store them with other cryptoscultures.

Online transactions are closely related to identity verification processes. It is easy to imagine that portability applications change in the coming years to include other types of identity management.

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