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What’s In Your Wallet? Probably Cocaine!

by JS · 8 Comments 

You know how you always feel a little uneasy going through airport security, even though you know you didn’t do anything and there isn’t really any possible why that you could be guilty of any of the myriad of crimes they are attempting to detect? Well, not so fast…your wallet may just contain enough coke [...]

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Strong Canadian Dollar Bad News for Canadian Internet Entrepreneurs

by SMD · 1 Comment 

The Canadian dollar hit a new record high. That’s good news for the Canadian economy, but bad news for Canadian internet entrepreneurs and others who earn their income in U.S. dollars. With the Canadian economy adding 63,000 new jobs in October and the unemployment rate dropping down to the lowest it’s been in over 30 [...]

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5 Fascinating Money Stories From The Week’s News

I thought it would be fun to try a little financial potpourri and take a look at 5 interesting stories about money that I discovered this week. #1 Money Market Funds Caught Chasing Higher Returns According to CNN ( Risky money market fund bets may be illegal ) some structured investment vehicles, like the money [...]

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What Does it Mean to be ‘Wealthy’?

The Forbes 400 list of the four hundred richest Americans was just released, and for the first time ever, being a billionaire wasn’t good enough to make the list. It’s great that there are more than four hundred billionaires in America (actually, four hundred people with net assets of $1.3 billion or greater!), but the [...]

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Wild Week in the Market Causes the to Fed Intervene

Ten days ago, I wrote an article entitled The Federal Reserve and the Stock Market. Why am I covering the same material again so soon? Because in this market, ten days is an eternity! In the span of just two days, major big-cap financial firms like Wells Fargo and JP Morgan Chase have swung as [...]

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The Minimum Wage Debate

The federal minimum wage recently went up from $5.15 an hour to $5.80 an hour. That’s still too low a wage for most people to live on, as is the $7.25 it will be boosted to by 2009. It’s unfortunate that anyone has to earn less than $13,000 a year ($5.80 * 40 * 52 [...]

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Art of Money | My New Home

by SMD · 2 Comments 

Hi Everyone, I’ve begun to write stories on my brand new WordPress driven site. It’s called Art of Money and I have to say I’ve very please to have made the move. Thinks are still a little bit rough as I’m a complete newb when it comes to WordPress, but I have to say it [...]

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Microsoft Playing Catch-up with adCenter

The Seattle PI has an interesting story about Microsoft’s adCenter. Microsoft is, of course, desparate to knock Google off the internet advertising throne. Last week they held their adCenter Demo Fest and some of the revelations sound pretty interesting. Top new concept would have to be the “video hyperlink” that will allow you to click [...]

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Robert Kiyosaki Audio Interview

I discovered a cool find on the web tonight. Over at pbs.org there is an audio interview with Rich Dad Poor Dad author, Robert Kiyosaki. Robert is interviewed by Travis Smiley. We continue our “Road to Wealth” series tonight with best-selling author Robert Kiyosaki. The first of his “Rich Dad, Poor Dad” books wound up [...]

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AdSense Launches Referral Program

Just in case there is any webmaster on the planet that isn’t using AdSense, the mighty Google has launched a referral program. The program has two ways to generate income. The first is the fairly obvious one of getting a payout for signing up new users to the AdSense program: When a user you’ve referred [...]

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That’s a pretty sweet, albeit one-time-only payout. Ideally an affiliate program would have you earning a percentage of your recruits’ earnings long term, so this one really is slanted towards Google; I would interpret the high payout amount as a way to offset this slant. Also a 2nd teir [payouts on your referrals' referrals] would have been nice too.

The second way is an unexpected promotion for the Google Firefox toolbar. [Yes, I would interpret this as a dig at Microsoft and the Internet Explorer browser]:

When a user you’ve referred to Firefox plus Google Toolbar runs Firefox for the first time, you’ll receive up to $1 in your account, depending on the user’s location.

This part of the program is probably where the real money is to be made. Since only 10% of surfers are using Firefox, there is a potentially huge payout for getting people to try the browser and the Google Toolbar at the same time.

Currently the “Firefox plus Google Toolbar” tab isn’t active so I couldn’t grab a slice of sample code but if you have a website with decent traffic levels, especially if it is tech related at all, you can create a good alternative earnings stream from promoting the Firefox browser. It really is a much better product than IE, so it is an easy sell.

Overall the referral program is an aggressive move by Google to strengthen their grip on Internet advertising. It is fascinating to see this company develop and continue to extend their reach and power.

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