AI

The Federal Government of Canada issued an interesting press release a couple weeks ago that affects them as well as the working class people in the country.

AI, or Artificial Intellegence is coming and in years to come, the computers than can ‘think and learn’ on their own will be taking over more traditional jobs and that means the job search will get squeezed even more. Meanwhile, the tax the Feds get from the working folk that AI’s replace will disappear as well.

It’s that thing they call ‘progress’, but in my mind should be stopped where it’s going backwards. Election promises are all about, ‘I’ll produce more jobs and keep people working’ while they know that’s a long shot to accomplish.

AI is already well into development and experimenting with tech people controlling the data for these AI’s and those tech jobs will also get whittled down eventually as super AI’s get more advanced controlling a bank of AI’s. Weird how some of those visions thought up by gifted screen writers or authors of novels in the Sci Fi movies actually become reality

Today we have self driving cars and trucks being tested. Pretty well every mode of transportation. Passenger aircraft have already taken off and landed all by computer control. In the office, a manager can talk away about what he wants recorded and completed while the AI compiles and does the work in a fraction of the time a secretary can do it. No doubt Banks are already thinking about the replacement of more of their branch staff.

It gets to a point, does this all make sense while the unstoppable rush is on to further computerize our world.

In, the Biz, I got into a couple newer ventures shown in the right sidebar on my Blog. I decided to swallow the risk and funded a new Bitcoin HYIP, which looks interesting.

In a compensation that’s a blast from the past, the ‘Doubler’ is back with ACX where they continue to try different plans to perk more interest in their long running site. Simple and hands free, a member funds from a $1 up and waits for that principal to double in value with a minimum withdrawal of $5. So far, so good on my end where I’d doubled a few and got paid.

Some weeks are excellent with ACX and others are well …  devastating from some to tell the truth about it all where they do occasional resets and restarts. I’m accustomed to it over the years since they started so it boils down to the ol’ … liking the good times and then there’s the bad days, waiting for the rebound.

These days, I’ve been funding every day with their new system of priority payments and withdrawing as well to my STP account while gaining over time. Risky? Sure is.

Winding up for today and in the NHL Playoffs, I watched the Montreal Canadiens get emilinated in New York by the Rangers. I had a sense this was coming where the Habs big issue all season long is their low scoring games, too dependant on their back end and star goalie. Toronto and Ottawa need to win to advance while the Edmonton Oilers won their series and rest up for the next round

 

 

Don’t Freak Out

We’ll soon be heading into the last week of April already, after what I looked at as a tense Easter weekend on the International news front. It seems Trump wants to flex his military’s muscles these days and last weekend warned North Korea not to try anything while the US navy stayed at the ready off the coast.

The thing worries me is the more times Trump keeps repeating, ‘don’t do it’, it’s human nature to do it anyway. Seems like it’s calmed down some over there for now. Talk of a nuke war always gets me nervous. There’s enough to deal with in the world with pollution and global warming without nucleur fallout to add to the mix. That crap can travel over oceans coming into our west coasts.

The NHL Playpoffs are well under way with some teams facing elimination while teams like the the Montreal Canadiens and the New york Rangers are tied 2 games apiece. Normally, the team that gets that 3rd game won in the best 4 out of 7, has the upper hand with moving on to the next round.

Watching the games, It’s tough not to freak out with a missed scoring opportunity or a controversal goal that gets blamed on a Ref call. I find myself yelling out sometimes. Ok Gord … cool it, It’s just a game.

In the Biz, I have learned over the years not to freak out when things don’t go my way. Vanish those thoughts and move on to the next opportunity. More times than not, I overcome the occassional loss that hits us all with these online risky ventures.

Now, that Bitcoin is up there around $1200 US again, I’m more cautious about the compensation plan I enter and debating about the people who manage a given site. Greed and wanting to pack up early, hording member’s money (BTC) becomes more apparent with the price swap to the US dollar. I believe the HYIP niche seen a lot of that since the 3rd week in March.

Meanwhile, I’m gaining with the US funds I accumulate in my SolidTrustPay account when the timing is right and the opportunity presents itself.

Hopefully, May will bring about more winner programs that produce a profit during their shelf life.

 

 

Where is the Ethical line Drawn?

It’s ‘Good Friday’ and the start of the Easter weekend. Being a hockey fan and with the playoffs on the go, it would make the holiday better if at least one of the Canadian teams can get a win.

My Boys, the Montreal Habs play the New York Rangers at home for the 2nd game so looking for a better performance than there ‘no goal’ mess in the 1st game.

An interesting subject came up today that sort of compares with the online money making niches. This is also about company stocks that can get up there in the millions of dollars worth of shares purchased.

I chat about online ventures here from time to time and I assume anybody that reads my Blog knows that all invests are risky and I write about that constantly. Accepting the risk … don’t re-mortgage the house; only play with cash you can afford to lose. From time to time I size up my daily Tim Hortons medium coffee. This is a waste of money I’m thinking … but it’s ‘about me’ coin and it’s not affecting the household budget … an addiction I guess.

All my coffee purchases over the years could of added up to share purchases in the company but I opted for the caffiene fix.

Anyway …  back on track with the subject at hand. Program monitors seek out to get paid from owners of sites for their services and some also invest. There are some real high paid monitors in the business and some folks that follow their advise, take it for gosphel at times. Those fortunate enough will make a profit but many will not. That’s the game and there are no rules.

Recently in the US, the SEC or Security Exchange System have targeted a lot of high profile names in the stock market ‘promotion’ business. If all information is disclosed to the public it’s OK but some financial magazines and blogs/newsletters have been found to have shares in certain companies while also getting paid bundles of cash by a particular company to push that company’s stock … which they call advertising services fees. Overall, it’s looked at as unethical.

Some of these guys and gals have a huge fan and reader base so some take the advise without debating and go for it. Always mull it over in your own mind … is it the right move for me?

I always look at a few of these articles but I don’t think right away … I’m going to buy that stock because that author says it’s hot and going to sky rocket. That’s today and that could change tomorrow. But, there are hundreds of readers who do and that is the reason the SEC is concerned. They don’t like folks getting railroaded.

What can the SEC do about it? Well … they have the power to go into and research bank accounts and investments to look for accounting of these monies from the companies in question, to see if everything is kosher. They can also smear a publisher or magazine’s name by making that all public … like a big public banner …. ‘These people are under investigation for fraud’. Not good.

Me … I always like to look at the negative points first with investing and if they are eliminated; an opportunity starts to look better and then I decide if it’s doable. Of course the actual cost has a factor as well … I like it, for example but that’s way out of my ballpark with my investing budget.

I’ve always been the conservative type with moderate spends and if all goes good, profit while compounding.

 

 

Keeping the Faith

Playoff hockey fever is back in Canada for hockey fans. Last season, there were no Canadian teams in the playoffs and not much interest on my end, except for watching the home town lad, Sydney Crosby win the Stanley Cup with the Pittsburgh Penguins.

Montreal, Toronto, Ottawa, Edmonton and Calgary are all in this playoffs and my boys, the Montreal Canadians play their first game on Wednesday, April 12 against the New York Rangers. Probably be some anxious moments with finger nails dug into the arms of the lazy boy.

These are certainly different times with the online niches I earn money with …. seems more like spurts of boom and bust these days. January to March in 2017 was the ‘boom’ with not much happening since then but extremely risky start ups. Low to moderate risk is my thing. Years back, there were always a few ventures that kept the cash flowing.

One program I continue to be involved with is Wealth Rising. Mainly becuase I feel there are ‘good people’ behind it and to date they are upfront with the membership plus quick to answer, while resolving my support tickets.

From the beginning, they presented the opportunity as a ‘peer to peer’ compenstion plan. My last term, the Bitcoin withdrawal was sent to my BTC wallet and I funded again with a current plan on the go and I’m keeping the faith … mainly in the community that supports Wealth Rising.

Meanwhile, I continue to scan over the new stuff that prelaunches or ‘starts up’ from day one when the websites surface online.

 

 

Japan, Bitcoin and the Bank Fees

While a lot of folks here in Nova Scotia are complaining about the constant 2 to 5 centimeters of snow we are getting every second day here and already into the first week of April, Newfoundland got hit with 6 to 10 feet of snow in some areas. That’s wicked for this time of year and I’m sure there will be a lot of water running/flooding going on when that melts rapidy with the warming temps to come soon.

In Bitcoin news, some countries are debating about recognizing the digital coin as legal tender while the ‘Blockchain System’ that sends and receives currency is already being used by some major companies and improved on, like IBM for example.

BTC value compared to the US dollar, dropped last week where US Feds didn’t allow 2 ‘market’ ETF’s (Exchange Traded Funds) to go ahead dealing with Bitcoin and … the possibility of a “Hard Fork” I wrote about in my last article.

This week, however … Japan has ruled that Bitcoin is now legal tender in their country so the price shot up again to around $1100 US. That comes with rules and compliances to be met.

That’s upbeat news for the BTC community but it’s been a roller coaster lately with the fluctuations in value.

Anyone into the financial world involved in making a dollar with their principal and/or gains like I do, try to work with the less fees ‘paid in’ as possible. Sometimes they are set where I have no choice but to take the hit while grumbling. In other areas … I can shop around for the lowest possibe fee.

In Canada, this past couple weeks … the major banks have come under fire from the press and the public coming forward, about employees acting like salesmen selling financial products that’s not always in the favour of the customer. The employees reported to a site setup so they can post their experiences with a named Bank but not requiring an identity.

The bigget chatter was about being under fire to reach sales targets and in order to keep their jobs, they push what they can even though as I mentioned …  not always in the best ‘interest’ of the customer/investor ending up paying fees that eventually brings down the value of their investments/accounts every month or yearly.

With that all being common knowledge now, Canadians can now attempt to avoid getting into high fee traps (those that watch and read the news anyway) when dealing with a bank rep to negotiate the lowest possible fee rate. Again, some are set in stone but others like Mutual Funds, ETF’S and various other plans can come with some ‘high end’ fees that can bring down any gains made … it’s wise to do some online homework before depositing.

Some investment examples are presenting a fund with an avearge of a 6% gain. Cool but kind of left under the table until prompted … what is the managment fee? 2% and that’s subtracted so that leaves an average of 4%. All those MER and/or management fees can be researched online.

Wrapping up for this post, I’m mostly just watching the online niches for now where there’s not much doable for now. Kind of a continuing lull ever since mid March when some big name outfits went under.