Michelle Schill “I no longer work from home in the evenings and my income is constantly growing. Right now, it’s double what I was making when I was standing behind a chair… I do what needs to be done the most at any given time and the nature of website building is such that I can stop or take a break at any point and carry on when time allows. I can work in my pyjamas and fuzzy slippers and switch from work mode to mommy/caretaker to silly dance partner whenever the mood strikes.”

Marney Makridakis “In one year’s time, I went from fiddling around with a hobby to manifesting a full-time business doing what I love: celebrating the creative uniqueness in an ever-growing community of thousands of people all over the world, inspiring them to uncover their artistic spirits and dare to let their creative souls shine.”

Luisa Cupeles “Having the opportunity to share Vieques and Puerto Rico with so many people around the world is a great satisfaction. As a bonus, I get to go on a tax-deductible vacation every year. I can visit my beautiful island, ride my jeep, take lots of photos, meet great new people, and write travel guides about places I love. I felt that money would just be the icing on the top. Of course, I did not realize how much icing my cake would have.”

Sara Ding “And what’s amazing above it all is that it doesn’t seem like I’m selling. People who contacted me have already been sold on my website. They have already seen and felt my passion and know that they want what I have to offer. When they call me, their mind was already made up to make that purchase.”

Successful women in network marketing using attraction marketing

Attraction marketing is the newest model of network marketing replacing the old school methods by using the internet to attract targeted prospects to your business. The famous Renegade Professional tutorial training site has catapulted struggling women in network marketing to greatness.

Alicia Bausley
Alicia Bausley is a successful home-based-business entrepreneur, network marketer, and one of the Gr8 Team Leader authors of How to Build Your MLM Business: The Complete Step-by-Step Guide to Inter-Network Marketing. She is a member of Ann Sieg’s Renegade Marketing Team, diligently following Ann’s lead of attracting prospects, creating multiple sources of income and using the consultative approach when interacting with prospects. Her motto is “Believe in Yourself” and get into consistent action and do it!

Patrice Walker
Patrice Walker is a successful business owner who understands and teaches how to implement internet network marketing principles into traditional professional businesses for online growth. Inspired by her passion for Italy and the natural architectural and interior design elements in it’s building design style, she has become a successful owner of a Tuscany home design business in which she built using Ann Sieg’s, The Renegade Network Marketer as her business plan. Having built a successful business of her own, from the ground up, Patrice uses her 14 years in Dentistry to work with innovative, high energy Dental professionals, entrepreneurial executives and business owners transitioning online to take their businesses to a higher level- Providing direction for reaching their highest profitable mark.

Barbara Silva
Barbara Silva, as seen in MIM Mentors in Motion Magazine, brings over thirty years teaching experience to her coaching and internet marketing training business. She specializes in teaching attraction marketing, customer/team relationship building and quality article marketing to business owners through her own programs and Renegade Professional. She also presents live classes in Dallas for Dallas Coaches with Clients with Christian Mickelsen. Barbara is the author of . ”Romancing The Sale” How to Build and Maintain Highly Profitable Customer Relations That Last.

Terri Stallcop
Terri Stallcop RN, MSN, CNAA is a nurse and business owner. She started her career in critical care nursing, then after a few years she received a master’s degree in nursing administration. She spent the next several years in healthcare systems as director of nursing and now, though “retired,” she is still building teams to promote health and wellness worldwide. As an avid Internet network marketer, she is building a global business, providing Internet marketing training for her team.

These are just a few examples of women in network marketing who have had tremendous success plus they are eager to help others achieve their goals. Stay at home moms have the business mind to be successful too. Research your passion, find your niche, and get started learning attraction marketing today with the free Renegade University. Show your family who the boss really is.

You can get your hands on this FREE report right now by clicking the link below:

http://rossdalangin.com/makemoneyonlinewhileworkingfromhome/

Get your free guide on how to make money online here ==

There are only three ways to make money online: 1) Advertising: Making money through ad publishing. 2) Affiliate Marketing: Making money as an affiliate selling other’s products. 3) Selling Your Own Products: Creating and selling your own products.

What is best for you? Advertising appears to take the least amount of effort as you can create a blog that can be set up with Google AdSense or other ad-marketing program where visitors click on ads as they read or examine the site. There is a simple three C word formula for success: content=clicks=cash. To make very much money with ads requires lots of content in the form of good posts and article writing. This is a totally free method of making money but for most people it will only generate enough to pay for site expenses.

Affiliate marketing is the easiest way to make money online for most people. Since you are selling other’s products and services, the real job is driving traffic to the site. Clickbank offers many great products that you can sell.

The third method of making money online is selling your own products. The real key here is the ability to create (write) material that is useful and offer it to a niche market that is eager to find this information. It can be about anything. A friend who has two sons who are used car dealers, is now creating a blog where she will help women (as well as men) not to be taken by used car dealers. She will make a lot of money and I personally will never buy another used car without her assistance.

What is the best method for making money online? This depends on you!

If you want a successful business you have to follow the rules. Darren Salkeld (aka Max Pro) has put together a FREE report that reveals the 3 rules of wealth creation. You can get your hands on this FREE report right now by clicking the link below:

==

Identifying the right system to make money online is a start. However, what you need is determination and decision to earn money online
the internet. It is a decision that you will make when you want to commit your time to make a living on the internet. Or at least know that you want to spend that few hours everyday into making money off the internet.

There is no easy way out. Systems that teach people how to make money online are everywhere. I myself tried many systems. From online surveys to multi-level marketing schemes, they did not work for me.

But the question that pops into people’s minds are “How do I leap frog from making no money to earning a decent profit online?” As I have mentioned, business opportunities are everywhere and there are many schemes out that they may throw you off-balance when looking for the right one. You may even spend money on many different programs and try it out.

Always remember that information overload is not what you want. You will end up confused and exasperated to even continue with the right money making program.

Persistence is the key. Whenever you feel like giving up on a system: don’t. Simply be optimistic and carry on. Sticking with the right system every day will lead to success. It is that easy. People often oversee this and wish for the grandeur of online success. They imagine themselves way too far and ignore the present. They do not see themselves doing mundane tasks or steps and want to be at where some systems promised them to be too early.

Internet marketing and make easy money online can be done in various ways. One mode of marketing that has been gaining in popularity is make easy money online with search engine marketing. With pop-up ads and spam being the nightmare of the majority of net surfers, one might ask how people manage to go to certain sites. How do some sites become more popular than others? Search engine marketing has a part to play in this.

In recent times, studies that have been conducted have revealed that over 80 per cent of first time visitors to a site get there through a search engine. This has been quite a revelation and it has spurred many organizations to hire search engine optimization firms to get their websites on to the main index of the important search engines.

Search engine marketing is big business now. The answer to why this is so is obvious. Given that most people reach websites while searching for a given keyword, they want to find a site that will give them the information that they need. But if they find something relatively irrelevant, chances are that they will not return to that site again. As in other areas, even here, first impressions are everything.

“Make Easy Money Online Doing Search Engine Marketing“

So how do you ensure that your website gets picked up by the search engines? The first step is to ensure that you have a good website which is rich in meaningful content. Search engines tend to favor websites that are full of relevant information that the user will find valuable. After all, even the search engine wants to expand its user base. It can accomplish this only if its searches throw up websites that the user finds value in.

Getting traffic to your website should be your top priority. So you should take your search engine marketing very seriously. Do not assume that once you have created some great web pages, your work is done. On the contrary, your work is just beginning. You can start preparing your site for search engine marketing by including relevant Meta Tags. Previously, search engines relied almost entirely on Meta Tags. However, a lot of less authentic sites tended to arbitrarily add irrelevant keywords to their pages in a bid to attract traffic. But search engines have got wiser now, and websites indulging in such unethical search engine marketing practices are penalized.

Search engine spiders today look out for theme and content to match with the given Meta Tags. However, in the case of picture sites or sites using Flash, the sites are not full of text. In such cases, the Meta Tag becomes very important.

Optimization is the next important step in search engine marketing. Ideally, you should hire an SEO firm to help you with this aspect of search engine marketing. If you are planning to update your site or redesign it, you would have to inform your search engine optimizers. This is because even a small change could bring months of optimizing to naught.

Start working on making search engine marketing work for your site and prepare to get far more traffic and the opportunity to make easy money online faster you can imagine.

“Make Easy Money Online Doing Search Engine Marketing“

The Renegade University Free Training Has An Interesting History.

Mike Klingler, who is rapidly becoming a household name in the network marketing circles, created the Renegade University after reading Ann Siegs controversial Ebook The 7 Great Lies Of Network Marketing. Her book reached out to frustrated network marketers who were struggling in their MLM business using a business model that was ineffective.

Ann’s not afraid to speak her mind and since she was once a frustrated network marketer herself she felt it was high time that the world knew that there was a better, more effective way to be a network marketer.

Her intent was not to “bash” the network marketing industry but rather their marketing strategies. Thanks to her book it opened a whole new perspective where network marketers could build “real businesses” without feeling owned by their MLM Company.

After reading the book Mike was convinced that he needed to know more so he purchased the accompanying The Renegade Network Marketer Ebook which goes into detail about the process and theory behind, what is now known as, Attraction Marketing.

But Mike realized that something was missing. People were having problems implementing the concept into their businesses. Ann’s business model revolves around the internet and a lot of the people who purchased her book lacked basic computer and internet knowledge, so they never followed through with what she was teaching.

They didn’t know how to effectively create an attractive presence online that would have customers and prospects coming to them. So a lot of them dropped out because they became so overwhelmed and frustrated, her whole purpose of the book was to help them avoid these feelings.

So Mike brainstormed The Solution

The Renegade University Free Training

Mike had a plan for the Renegade University Free Training site but he first wanted to try to teach certain members of his team the process, theory, and principles of attraction marketing. Mike has a natural ability to teach and he is a master. What he found was that his team members were having some difficulties grasping the concept.

It falls into the category of you can’t teach an old dog new tricks. They were so accustomed to the old school methods of cold calling, names list, and prospecting that they still had a hard time “getting it”. It was difficult for Mike to teach them everything they needed to learn from Ann’s 147 page Ebook.

When he introduced them to the book it was like night and day. All of a sudden everything that he was teaching his team made sense. So Mike knew that The Renegade Network Marketer Ebook was going to be the course book that the Renegade University free training site would be built around. With Mikes teaching skills; anybody, no matter what level of marketing or computer skills they have, will learn how to attract targeted business to them.

This was a major break for the Renegade University free training concept and Mike took the bull by the horns, so to speak, and has since helped thousands of internet network marketers build profitable businesses.

For obvious reasons the University encourages people to read the book and when they do schools open. The Renegade University takes the knowledge learned from the book and teaches people how to apply the principles online. It gets you into action from day one.

One huge misconception is that the Renegade University free training site is only for MLMers. The principles of attraction marketing should be used for all online businesses. And its more than just keywords and search optimization. Content is the motor that will drive your business.

The University will introduce you to many methods for attracting business online from blogs to video to content management systems. Then it will show you how to link all this together to attract targeted prospects to your content. With over 8 hours of valuable webinars and online tutorial training its no wonder the Renegade University free training site is so popular.

The Renegade University is the next step in a designed process to help you avoid getting overwhelmed. Work at your own pace, its not a race. You will soon discover what separates Mike Klingler from the rest of the marketing coaches online.

When you master the Renegade University you will be ready for the Grand Daddy of them all the subscription Renegade Professional. And yes, Mike will be your tutorial trainer there as well.

As your active team leader my aim is your business being successful. So, I have one word of caution. Do not join the Renegade Professional Subscription Training Site until you have completed all of the Renegade University free training. This is the what I like to call pre-season training. I’ve seen too many people blast through the University only to get overwhelmed when they move to the next level.

The Professional is an intense massive training program that will make your jaw drop just at the mere sight of it the first time you view it. It takes months to complete and years to master. I learn something new everyday and if you don’t your not marketing and training.

Hi Folks,

Did you know? More than 90% of the successful Internet Marketers that you know of today are making it big through owning products and even membership sites?

While this statistic is informal, it’s quite obvious since marketing hard-hitters that you’re probably subscribed to right now – I would bet most of them easily own at least one membership site.

It’s easy to understand why these marketers have elected membership sites to be one of their main vehicles to success. After all, membership sites often are targeted at 3 things:

1. Make money.
2. Collect leads.
3. Make even more money!

It’s also what you call a “My Marketing” brand of your own.

While starting your own membership site can be one of your best decisions as an Infopreneur, the truth is that there are actually even more people who have failed at starting a membership site successfully.

Whatever the reasons may be, it can all be summed up as: most people DON’T KNOW what the minority of TOP marketers know!

If you’re one of them, I suggest that you get a copy of Membership Blueprint. My manual details out to you what TOP marketers know and do when starting a new membership site. Click here to find out more:

http://dalangin.com/membershipblueprint/?e=promowiz
I forgot, it’s FREE. So, download now!

Until then…

Warm Regards,
Ronald

Are you looking for a passive income roadmap for you and your family? Who isn’t! Are you feed up with living paycheck to paycheck week in and week out? Do you feel like you are never going to get caught up? Are you tired of hearing false promises? Do you have faith that there is a better way ?

By reading this article you will learn about a proven passive income roadmap that you can start today if you so desire. I’ll have to warn you that this is going to take some brain power on your part and you have to be motivated. If you possess these qualities and want to create a passive income roadmap for yourself then read on.

Before we get started there is one thing that I have to say and that is: Your passive income roadmap is going to take time to pave. Be patient, be passionate, and be positive.

Words you will not read

* Get Rich Quick
* Quit Your Day Job
* Guaranteed Success
* Simple and Easy
* Cut and Paste

Once you have your passive income roadmap in place and it is working for you it will generate enough income to cover your necessary monthly expenses. The best part is, since its on the internet, it will continue to generate income indefinitely.

A few years ago I was just getting started in network marketing and was getting real frustrated with the guidance; or lack there of that I was getting from my upline. Their marketing methods didn’t match my personality and the purchased leads that they endorsed was a joke. So I was searching for a better way or I was going to bail. Thats when my passive income roadmap started to take shape.

I might add before we continue this works not only for network marketers but for any type of business because its about earning passive income while you concentrate on your main business. Your passive income roadmap will be working for you in the background.

For me it all started with The 7 Great Lies Of Network Marketing e-book. Now this book is primarily about old school methods used by network marketers to generate income. Since I was in a network marketing business and was struggling it hit home. It was the solution to my problem. There are other posts on this blog about The 7 Great Lies Of Network Marketing so I won’t go into a lot of detail about it.

Anyway this is what lead me to the real passive income roadmap that I still follow today. Once I discovered that I could actually get paid for targeted traffic, build a network, and earn passive income without even promoting a product I was intrigued. Enter The Renegade Network Marketer. This is a must read book that explains the process and theory behind marketing online. You learn how to become a solutions provider and attract targeted traffic to your business or opportunity. Near the end of the book is the golden nugget that you will use as your passive income roadmap.

The system is like a massive affiliate hub. What you do is sign up for the affiliate programs from the back office. These are affiliate programs that are trustworthy, popular, and related to network marketing. The sign up process is a bit time consuming but its well worth it. If you find that these programs are related to your business model and would be of use to your target market you add a text link to the products. If someone purchases the product you earn a commission. This is basic affiliate marketing. The advantage is your affiliates are all stored in the back office.

The system only costs $67.00 and thats a one time fee. Plus you have resale rights to the book. When someone purchases the system from your unique URL you earn a commission ($33.50). The real cool part is when one of your customers purchases a product or even sells a product you also earn a commission without even promoting it. This system sells itself because of the value in the information e-book so you will continue to earn passive income indefinitely.

Had it not been for the Renegade System I never would have heard about Quick Minisite Builder which is how I built my first website. Another totally value packed system on which to build your passive income roadmap and actually build an online business.

Guess what! The passive income roadmap rolls on because theres even more. Not long ago the Renegade System branched off to a new and powerful system that puts traditional marketing to shame. This is the missing link. Training. Its so much more than training because you will learn how to create a web of content to attract prospects to you. Their style is so much better than anything you’ve ever experienced. This is click by click online training. What you do is open another window on your browser and follow along as you build a blog, set up social networking accounts, YouTube, and so much more. Plus the webinars are packed with value. The beauty is you can work at your own pace and its created for all levels of marketers from beginners to veterans. This is where your passive income roadmap is going to shift into high gear.

But these gals and guys are smart. They first get you started for free in the Renegade University which is a nice introduction into what you can expect. Just more value, over 8 hours of webinars, and they even get you creating content online for free. Once you feel comfortable to move on you can upgrade to the famous Renegade Professional.

Remember all those affiliate programs that you signed up for in The Renegade Network Marketer? Well with a click of a link you can upload them all to the Renegade Professional. So now your passive income roadmap is working for you in 2 separate systems simultaneously.

The Renegade Professional is always adding something new and growing in size so there is no end to the top notch training that is available. But its more than training. You need to have an even mix of action and training. When I say top notch training that is an underestimation. Last I knew their team had around 50 trainers including: Ann Sieg, Mike Klingler, Barbara Silva, Melanie Milletics, Deborah Marsden, Eric Walker, Dean Caporella, and they recently started a copywriting coarse with the worlds best copywriting coach David Garfinkel.

This is, in my opinion, the best way to create a passive income roadmap. Just the other day I was poking around the back office at Renegade professional and discovered 5 more leads that were generated for the webinar series on coaching conducted by Barbara Silva. I don’t remember promoting it because I’ve been busy on other projects. But it was still nagging me how I generated those leads. Then I remembered writing an e-mail to one of my lists using icontact. For some reason I made that e-mail available to the icontact community which is also search able online and that’s how I generated the leads. Then just for fun I went to the Renegade System back office and saw that I earned a $78.80 commission on the copywriting course. That came from one of my referrals who decided to order the course.

Get your passive income into motion and start creating multiple streams of income today!

You can get your hands on this FREE report right now by clicking the link below:

http://rossdalangin.com/makemoneyonlinewhileworkingfromhome/

Get your free guide on how to make money online here ==> http://rossdalangin.com/makemoneyonlinewhileworkingfromhome/

The bankers plan to buy “life settlements,” life insurance policies that ill and elderly people sell for cash - $400,000 for a $1 million policy, say, depending on the life expectancy of the insured person. Then they plan to “securitize” these policies, in Wall Street jargon, by packaging hundreds or thousands together into bonds. They will then resell those bonds to investors, like big pension funds, who will receive the payouts when people with the insurance die.

The earlier the policyholder dies, the bigger the return - though if people live longer than expected, investors could get poor returns or even lose money.

Either way, Wall Street would profit by pocketing sizable fees for creating the bonds, reselling them and subsequently trading them. But some who have studied life settlements warn that insurers might have to raise premiums in the short term if they end up having to pay out more death claims than they had anticipated.

The idea is still in the planning stages. But already “our phones have been ringing off the hook with inquiries,” says Kathleen Tillwitz, a senior vice president at DBRS, which gives risk ratings to investments and is reviewing nine proposals for life-insurance securitizations from private investors and financial firms, including Credit Suisse.

“We’re hoping to get a herd stampeding after the first offering,” said one investment banker not authorized to speak to the news media.

In the aftermath of the financial meltdown, exotic investments dreamed up by Wall Street got much of the blame. It was not just subprime mortgage securities but an array of products - credit -default swaps, structured investment vehicles,  collateralized debt obligations - that proved far riskier than anticipated.

The debacle gave financial wizardry a bad name generally, but not on Wall Street. Even as Washington debates increased financial regulation, bankers are scurrying to concoct new products.

In addition to securitizing life settlements, for example, some banks are repackaging their money-losing securities into higher-rated ones, called re-remics (re-securitization of real estate mortgage investment conduits). Morgan Stanley says at least $30 billion in residential re-remics have been done this year.

Financial innovation can be good, of course, by lowering the cost of borrowing for everyone, giving consumers more investment choices and, more broadly, by helping the economy to grow. And the proponents of securitizing life settlements say it would benefit people who want to cash out their policies while they are alive.

But some are dismayed by Wall Street’s quick return to its old ways, chasing profits with complicated new products.

“It’s bittersweet,” said James D. Cox, a professor of corporate and securities law at Duke University. “The sweet part is there are investors interested in exotic products created by underwriters who make large fees and rating agencies who then get paid to confer ratings. The bitter part is it’s a return to the good old days.”

Indeed, what is good for Wall Street could be bad for the insurance industry, and perhaps for customers, too. That is because policyholders often let their life insurance lapse before they die, for a variety of reasons - their children grow up and no longer need the financial protection, or the premiums become too expensive. When that happens, the insurer does not have to make a payout.

If a policy is purchased and packaged into a security, investors will keep paying the premiums that might have been abandoned; as a result, more policies will stay in force, ensuring more payouts over time and less money for the insurance companies.

“When they set their premiums they were basing them on assumptions that were wrong,” said Neil A. Doherty, a professor at Wharton who has studied life settlements.

Indeed, Doherty says that in reaction to widespread securitization, insurers most likely would have to raise the premiums on new life policies.

Critics of life settlements believe “this defeats the idea of what life insurance is supposed to be,” said Steven Weisbart, senior vice president and chief economist for the Insurance Information Institute, a trade group. “It’s not an investment product, a gambling product.”

After Mortgages

Undeterred, Wall Street is racing ahead for a simple reason: With $26 trillion of life insurance policies in force in the United States, the market could be huge.

Not all policyholders would be interested in selling their policies, of course, and investors are not interested in healthy people’s policies because they would have to pay those premiums for too long, reducing profits on the investment.

Yet even if a small fraction of policy holders do sell them, some in the industry predict the market could reach $500 billion. That would help Wall Street offset the loss of revenue from the collapse of the United States residential mortgage securities market, to $169 billion so far this year from a peak of $941 billion in 2005, according to Dealogic, a firm that tracks financial data.

Some financial firms are moving to outpace their rivals. Credit Suisse, for example, is in effect building a financial assembly line to buy large numbers of life insurance policies, package and resell them - just as Wall Street firms did with subprime securities.

The bank bought a company that originates life settlements, and it has set up a group dedicated to structuring deals and one to sell the products.

Goldman Sachs has developed a tradable index of life settlements, enabling investors to bet on whether people will live longer than expected or die sooner than planned. The index is similar to tradable stock market indices that allow investors to bet on the overall direction of the market without buying stocks.

Spokesmen for Credit Suisse and Goldman Sachs declined to comment.

If Wall Street succeeds in securitizing life insurance policies, it would take a controversial business - the buying and selling of policies - that has been around on a smaller scale for a couple of decades and potentially increase it drastically.

Defenders of life settlements argue that creating a market to allow the ill or elderly to sell their policies for cash is a public service. Insurance companies, they note, offer only a “cash surrender value,” typically at a small fraction of the death benefit, when a policyholder wants to cash out, even after paying large premiums for many years.

Enter life settlement companies. Depending on various factors, they will pay 20 to 200 percent more than the surrender value an insurer would pay.

But the industry has been plagued by fraud complaints. State insurance regulators, hamstrung by a patchwork of laws and regulations, have criticized life settlement brokers for coercing the ill and elderly to take out policies with the sole purpose of selling them back to the brokers, called “stranger-owned life insurance.”

In 2006, while he was New York attorney general, Eliot Spitzer sued Coventry, one of the largest life settlement companies, accusing it of engaging in bid-rigging with rivals to keep down prices offered to people who wanted to sell their policies. The case is continuing.

“Predators in the life settlement market have the motive, means and, if left unchecked by legislators and regulators and by their own community, the opportunity to take advantage of seniors,” Stephan Leimberg, co-author of a book on life settlements, testified at a Senate Special Committee on Aging last April.

Tricky Predictions

In addition to fraud, there is another potential risk for investors: that some people could live far longer than expected.

It is not just a hypothetical risk. That is what happened in the 1980s, when new treatments prolonged the life of AIDS patients. Investors who bought their policies on the expectation that the most victims would die within two years ended up losing money.

It happened again last fall when companies that calculate life expectancy determined that people were living longer.

The challenge for Wall Street is to make securitized life insurance policies more predictable - and, ideally, safer -  investments. And for any securitized bond to interest big investors, a seal of approval is needed from a credit rating agency that measures the level of risk.

In many ways, banks are seeking to replicate the model of subprime mortgage securities, which became popular after ratings agencies bestowed on them the comfort of a top-tier, triple-A rating. An individual mortgage to a home buyer with poor credit might have been considered risky, because of the possibility of default; but packaging lots of mortgages together limited risk, the theory went, because it was unlikely many would default at the same time.

While that idea was, in retrospect, badly flawed, Wall Street is convinced that it can solve the risk riddle with securitized life settlement policies.

That is why bankers from Credit Suisse and Goldman Sachs have been visiting DBRS, a little known rating agency in lower Manhattan.

In early 2008, the firm published criteria for ways to securitize a life settlements portfolio so that the risks were minimized.

Interest poured in. Hedge funds that have acquired life settlements, for example, are keen to buy and sell policies more easily, so they can cash out both on investments that are losing money and on ones that are profitable. Wall Street banks, beaten down by the financial crisis, are looking to get their securitization machines humming again.

Tillwitz, an executive overseeing the project for DBRS, said the firm spent nine months getting comfortable with the myriad risks associated with rating a pool of life settlements.

Could a way be found to protect against possible fraud by agents buying insurance policies and reselling them - to avoid problems like those in the subprime mortgage market, where some brokers made fraudulent loans that ended up in packages of securities sold to investors? How could investors be assured that the policies were legitimately acquired, so that the payouts would not be disputed when the original policyholder died?

And how could they make sure that policies being bought were legally sellable, given that some states prohibit the sale of policies until they have been in force two to five years?

Spreading the Risk

To help understand how to manage these risks, Tillwitz and her colleague Jan Buckler - a mathematics whiz with a Ph.D. in nuclear engineering - traveled the world visiting firms that handle life settlements. “We do not want to rate a deal that blows up,” said Tillwitz.

The solution? A bond made up of life settlements would ideally have policies from people with a range of diseases -  leukemia, lung cancer, heart disease, breast cancer, diabetes, Alzheimer’s. That is because if too many people with leukemia are in the securitization portfolio, and a cure is developed, the value of the bond would plummet.

As an added precaution, DBRS would run background checks on all issuers. Also, a range of quality of life insurers would have to be included.

To test how different mixes of policies would perform, Buckler has run computer simulations to show what would happen to returns if people lived significantly longer than expected.

But, even with a math whiz calculating every possibility, some risks may not be apparent until after the fact. How can a computer accurately predict what would happen if health reform passed, for example, and better care for a large number of Americans meant that people generally started living longer? Or if a magic-bullet cure for all types of cancer was developed?

If the computer models were wrong, investors could lose a lot of money.

As unlikely as those assumptions may seem, that is effectively what happened with many securitized subprime loans that were given triple-A ratings.

Investment banks that sold these securities sought to lower the risks by, among other things, packaging mortgages from different regions and with differing credit levels of the borrowers. They thought that if house prices dropped in one region -  say Florida, causing widespread defaults in that part of the portfolio - it was highly unlikely that they would fall at the same time in, say, California.

Indeed, economists noted that historically, housing prices had fallen regionally but never nationwide. When they did fall nationwide, investors lost hundreds of billions of dollars.

Both Standard & Poor’s and Moody’s, which gave out many triple-A ratings and were burned by that experience, are approaching life settlements with greater caution.

Standard & Poor’s, which rated a similar deal called Dignity Partners in the 1990s, declined to comment on its plans. Moody’s said it has been approached by financial firms interested in securitizing life settlements, but has not yet seen a portfolio of policies that meets its standards.

Investor Appetite

Despite the mortgage debacle, investors like Andrew Terrell are intrigued.

Terrell was the co-head of Bear’s longevity and mortality desk - which traded unrated portfolios of life settlements - and later worked at Goldman Sachs’s Institutional Life Companies, a venture that was introducing a trading platform for life settlements. He thinks securitized life policies have big potential, explaining that investors who want to spread their risks are constantly looking for new investments that do not move in tandem with their other investments.

“It’s an interesting asset class because it’s less correlated to the rest of the market than other asset classes,” said Terrell..

Some academics who have studied life settlement securitization agree it is a good idea. One difference, they concur, is that death is not correlated to the rise and fall of stocks.

“These assets do not have risks that are difficult to estimate and they are not, for the most part, exposed to broader economic risks,” said Joshua Coval, a professor of finance at the Harvard Business School. “By pooling and tranching, you are not amplifying systemic risks in the underlying assets.”

The insurance industry is girding for a fight. “Just as all mortgage providers have been tarred by subprime mortgages, so too is the concern that all life insurance companies would be tarred with the brush of subprime life insurance settlements,” said Michael Lovendusky, vice president and associate general counsel of the American Council of Life Insurers, a trade group that represents life insurance companies.

The industry may find allies in government. Among those expressing concern about life settlements at the Senate committee hearing in April were insurance regulators from Florida and Illinois, who argued that regulation was inadequate.

“The securitization of life settlements adds another element of possible risk to an industry that is already in need of enhanced regulations, more transparency and consumer safeguards,” said Senator Herb Kohl, the Democrat from Wisconsin who is chairman of the Special Committee on Aging.

DBRS agrees on the need to be careful. “We want this market to flourish in a safe way,” said Tillwitz.

Intellpuke: You can read this article by New York Times staff writer Jenny Anderson, reporting from New York City, N.Y., in context here: www.nytimes.com/2009/09/06/business/06insurance.html?hp

Today, September 8, 2009 - Mama Mary’s birthday, I finally earned my first ever Google Adsense paycheck! Yebah!

For those who are not familiar with this ad program, it means that my Adsense earnings have finally hit the $100 mark.

$100 or around P4,700? It obviously won’t seem like a lot to most people but for start-up bloggers, like me, the number easily represents more than its economic value. More so, if you consider the amount of time it took me to earn it via this blog. 9 months, baby! (I know! Like the average length of human gestation! Haha!)

TechPinas is no different from your blog or any other person’s blog. It had to start somewhere and it’s taking its time to grow. I remember installing Adsense on TechPinas back in January. January to September, that’s 9 months — and my dashboard is also reminding me that I’ve posted more than 600 blog entries since then.

I personally know some bloggers in other categories who earned their first Adsense paycheck in less than 5 months. Well, that’s just not the case with TP. In fact, I could only go all green in envy when I hear about their success stories. Grr. I guess, Adsense-wise, it’s just harder to be in this category ~ Technology: Gadgets. SEO. Processor Benchmarks…etc. And I’m sure other tech bloggers would agree with me on this.

You see, we cater to an audience who are all too familiar with what Adsense is and how it works. These are people who can spot a Google Ad from a mile away and will avoid it like plague. Hence, the lower CTR’s (Click Thru Ratio). Add this to the fact that competition is totally tight in this scene and the more popular tech blogs always get the ads with higher value per click.

So an important question arises: As a blogger who relies on Adsense for passive income, how do you work with that?!

It took me sometime to answer it but now, I think I know exactly how.
One word: Patience.

Yes, I’m starting to sound like a self-help writer but that’s just how you get around it:
Be patient.

When CTR’s are low, keep posting blog entries!
When you’re only earning $0.10 a day, don’t give up!
When your blog’s future seems bleak, keep working on your SEO!
When you’ve tried all possible Adsense color formats but your CTR remains low, keep testing!

If it’d help, forget about earning money from your blog and just focus on building good content. Think about your target readers and they want to read about. Doing so will definitely help you be all the more patient.

Let me tell you this: Patience may not directly increase your Adsense earnings but it will do wonders to one factor that could very well do so — your site’s traffic.

Back in January, that’s 2 months after I started TechPinas, this blog was only getting around 50 pageviews a day. Now, it gets 2,500 pageviews on a very bad day.

Forget about Adsense Optimization tricks (going borderless, blue title - black text - grey URL, etc..), the one thing that dictates the amount of income you can get from Adsense is your site’s traffic. If your site’s traffic is high, then your earnings will also inevitably go up. Proof? My Adsense earnings only amounted to around $35 by the end of July. I earned all the remaining amount to hit the pay out in just 2 months since TechPinas’ traffic increased quite dramatically.

Remember: No amount of Adsense Optimization can help a blog or website with low traffic earn more.

Yey! Just $100 from Google and I’m now starting to act like a guru. Forgive the farce.
But that’s it. Just my 2 cents.

You can get your hands on this FREE report right now by clicking the link below:

http://rossdalangin.com/makemoneyonlinewhileworkingfromhome/

Get your free guide on how to make money online here ==> http://rossdalangin.com/makemoneyonlinewhileworkingfromhome/

How journalism works today.
1. The internet is different.

It creates different publics, different ways of sharing relationships and other cultural mechanisms. The media need to adapt their workflows to the technological realities instead of ignoring or fighting them. It is their duty to develop the best journalism possible based on the available technology – that includes new journalistic products and methods.
2. The internet is a media empire in your pocket

The web realigns the existing media system: It bridges its previous limitations and oligopolies. Publications and distribution of media content does not require high investments anymore. The self-image of journalism is losing it’s bottleneck function – luckily. Only journalistic quality differentiates journalism from simple publication.
3. The internet is the society is the internet.

For the majority of people in the Western world, services like social networks, Wikipedia or YouTube are part of their daily lives. They are as common as telephone or TV. If media corporations want to stay in existence, they need to understand the living environment of their users and adapt to their ways of communication. That includes the social features of communication: Listening and reacting, also known as dialog.
4. Freedom of the internet is inalienable.

The open architecture of the internet is the information-technological constitution of a society communicating digitally, and thereby of journalism. This architecture may not changed to protect economic or political self-interest who often hide behind alleged public interest. Internet access blocking of any kind endangers free sharing of information and damage the basic right of individual access to information.
5. The internet is the victory of information.

Until now, due to inadequate technology, institutions like media corporations, research centers or public institutions organized the world’s information. Now, every citizen sets up their individual news filters while search engines make accessible information in amounts previously unimaginable. Each individual person can inform herself better than ever before.
6. The internet changes improves journalism.

With the internet, journalism can fulfill its societal tasks in new ways. That includes presenting information as a constantly changing process; the loss of changelessness is a win. Who wants to succeed in this new information world needs new idealism, new journalistic ideas and pleasure in exploiting the new opportunities.
7. The web demands links.

Links are relations. We know each other through links. Who doesn’t use them excludes themselves from societal discourse. This is also valid for the web presence of traditional media corporations.
8. Links are valuable, quotations adorn.

Search engines and aggregators foster quality journalism. In the long term, they improve accessability of outstanding content and are thus an integral part of the new, network public. References by links and quotations – also and particularly without prior agreement or even renumeration of the author – are a requisite for a culture of networked societal discourse and are unconditionally worth protecting.
9. The internet is the new place for political discourse.

Democracy thrives on participation and freedom of information. To carry over political discussions from traditional media to the internet and augmenting these discussions with active participation of the public is a new task of journalism.
10. The new Freedom Of The Press is called Freedom Of Expression.

Article 5 of the German Basic Constitutional Law (”Grundgesetz”) constitutes no property right for professions or passed down technology-based business models. The internet lifts the technological barriers between amateurs and professionals. Thus, the privilege of the freedom of press need to apply to everybody who can contribute to fulfilling journalistic purposes. We need not distinguish between paid and unpaid, but between good and bad journalism.
11. More is more – there is no such thing as too much information

Traditionally it was institutions like the church who gave power priority over individual access to information and who – upon invention of the printing press – warned of a flood of unverified information. On the other side stood pamphleteers, encyclopedians and journalists who proved that more information leads to more freedom – for the individual as well as for society. This has not changed until today.
12. Tradition is no business model.

There is money to be earned with journalistic content on the internet. There are already many examples today. However, the competitive internet requires adapting the business model to the structures of the web. Nobody should try to refrain from these adaptions by means of protective policies. Journalism needs open competition for the best ways of refinancing through the web, and the courage to invest in their many implementations.
13. On the internet, copyright becomes a civic duty.

Copyright (”Urheberrecht”) is a cornerstone of organizing information in the internet. The right of authors to decide over the way and extent how their content is distributed applies on the web, too. However, copyright may not be abused as a lever to protect obsolete distribution mechanisms and to refrain from new distribution and licensing models. Property obliges.
14. The internet knows many currencies.

Ad-funded journalistic online services trade content for attention for advertising messages. A reader’s, viewer’s or listener’s time has value. This relationship has always been one of the basic funding principles for journalism. Other journalistically acceptable ways of refinancing want to be explored and tested.
15. What is on the web, stays on the web.

The internet lifts journalism to a new qualitative level. Online, texts, sounds and images do not need to be ephemeral. They stay accessible and thus become an archive of news history. Journalism needs to take into account the development and interpretation of information, as well as mistakes, it needs to admit mistakes and correct them transparently.
16. Quality is the most important quality.

The internet exposes generic mass product. Only who is outstanding, credible and special will win an audience in the long run. Users’ demands have risen. Journalism needs to fulfill these demands and stay true to its often quoted basic principles.
17. All for all.

The web is an infrastructure that’s superior for societal exchange than the mass media of the 20th century: In case of doubt, “Generation Wikipedia” knows how to judge a source’s credibility, how to trace news back to their source, research, fact-check and assess it – by themselves or in a group. Snobbish journalists without the will to respect these skills are not taken seriously by their users. Rightly so! The internet enables direct communication with the people once called readers, listeners or viewers – and to make use of their knowledge. There is no need for the know-it-all, but for the journalists communicating and asking questions.

You can get your hands on this FREE report right now by clicking the link below:

http://rossdalangin.com/makemoneyonlinewhileworkingfromhome/

Get your free guide on how to make money online here ==> http://rossdalangin.com/makemoneyonlinewhileworkingfromhome/