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How to Make Money with Penny Stocks (Part II)

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Just because shares of a major business drop under $1 doesn’t make them a penny stock.

Cheap Exchange-Listed Stocks

Technically speaking, stocks listed on traditional exchanges aren’t penny stocks, in spite of how low their price is.

If shares of a major business drop under a dollar, it wouldn’t spontaneously make them a penny stock. Lots of factors could lead to a downturn in share price, even for the shares of a business that is reputable, still sound, and satisfying the standards of the exchange.

As you’d expect, a business that has stock on the exchange provides certain confidence to investors, since they’re not usually viewed as volatile.

The NYSE and NASDAQ oblige a minimum market cap and share price to list, as well as yearly listing fees.

If a stock goes below the point where its capitalization or price per share is too low to satisfy these standards, the market has the option to delist the stock. If this occurs, the stock goes to the OTC market. If you own shares of a delisted company, you still own those shares, but they just won’t be worth as much.

How to Find the Best Penny Stocks

As we mentioned, trading penny stocks is risky. Many of these companies are very risky, leaving traders in a position to lose hugely. Though, you can still make money trading penny stocks if you trade intelligently.

What makes a penny stock a possible money-making stock? There are a couple of characteristics to look for:

A company must make money. A business that loses money will always be a horrible investment, regardless of how low the share price is.

A company needs substantial cash or assets. Strong businesses shouldn’t need to liquidate future viability to appease creditors, because they have enough cash to account for contingencies.

A company has to have a strategy in place. Penny stock companies don’t want to be penny stock companies, so the prosperous ones have a strategy in place to increase the business and get listed (or re-listed) on a major exchange. These objectives must include rebuilding a long-term business and paying back investors.

How to Make Money with Penny Stocks (Part I)

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You can make money with penny stocks.

To find out how to make money with penny stocks, you’ll want to know all the outs and ins before you dive in. 

Day trading penny stocks have skyrocketed in popularity in recent years due to the low barrier to entry and the ability to turn small sums into large gains. Keen investors who have learned how to make money with penny stocks have the knowhow to make quick profits, but a huge number of penny stock investors will lose their shirts.

Soooooooo, can you make money with penny stocks?

The answer is yes, but it’s critical to remember that trading penny stocks isn’t like trading normal stocks. To learn how to make money with penny stocks, you’ll want to know everything there is to know about penny stocks. 

What are Penny Stocks?

Penny stocks are referred to by many names, like microcaps, stocks under $5, small caps, and more. But the one thing they share is that they’re typically not listed on a major stock exchange and necessitate a completely different approach than other stocks.

Normal stocks are listed on NASDAQ, the New York Stock Exchange, and other major markets. Penny stocks, on the other hand, are often traded on the OTC, or Over the Counter, markets. This doesn’t factor into the trade, however, and most online brokers support this market.

The OTC markets come into play when you think about where the penny stock is traded.

The OTC Bulletin Board, an electronic trading service operated by the FIRA, requires all businesses to meet the minimum standards of keeping current financial statements.

Penny stocks listed on publications like the Pink Sheets might not have fulfilled these requirements, giving you less information to establish your trading decisions on and taking a greater risk.

The Cost of Living Abroad (Part III)

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You’re going to want to explore your new city, so be sure you’ll have enough disposable income to go out and have a good time. Find out what you can expect to pay for tickets to concerts, movies, theaters, sporting events, and museums.

And if you enjoy working out and exercising, find out how much a 30- day gym membership will cost. Some countries tempt citizens to lead active outdoor lifestyles by offering bikes and green spaces. If you’re going to a country with those types of amenities, you may not need an indoor gym membership.

Health Insurance

Decide how much you will have to pay every month for medications, healthcare, and/or international health insurance. Some countries have nationalized healthcare systems. Others might require you to have private health insurance to get topnotch care.


If you’re moving with children, be sure you know the cost of education. Based on the country, you might want to pay for private education at an international school or send your child to a free public school instead.

London is among the most expensive places to live.

Most Expensive Places to Live Abroad

Some international destinations are famous for being affordable. Others not so much. 

Some of the most expensive cities to live in include:

  • Hong Kong
  • NYC
  • Zurich 
  • London
  • Shanghai
  • Tokyo

In any country, the cost of living is typically lower in small towns and small cities than in major metropolitan areas. So, if you want to keep your expenses down, avoid moving to the downtown center of a major city. Instead, look for a smaller neighborhood or a small town a few miles outside the city’s center.

Regardless of how you plan to live or which foreign destination you decide to go to, research the cost of living to be sure you can afford it.

There’s no doubt that you’ll make amazing memories of living in a foreign country. The experience will be even better if you can afford to appreciate it. Living paycheck to paycheck might be the norm in your hometown, but when you’re thousands of miles away, it’s vital to have financial stability.


The Cost of Living Abroad (Part II)

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Usually, you’ll find a place to live before heading abroad to live.

Are you a U.S. citizen and retired abroad? Verify to be sure you can still collect social security in your new country.

In any country, the cost of living is typically lower in small towns and small cities than in big metropolitan areas. So, if you need to keep your costs down, avoid moving to the downtown area of a big city. Instead, opt for a smaller town a couple of miles outside the city’s hub.

Cost of Living Factors to Consider

When we talk about the cost of living, we’re talking about way more than just the cost of rent or housing.

A good number of ex-pats find a place to live before they move, so many are aware of the average cost of real estate up front. Though, there are many other things that folks usually don’t take into consideration until after they’ve gotten to their new country.

Don’t be caught off guard. Besides housing costs and rent, research these essentials too:


Utilities are more than just electricity, heat, and water. Don’t forget to take into account the cost of smartphone data plans, phone bills, and monthly Wi-Fi connections.


If you’ll be doing the majority of your traveling by bus or train, be sure you realize the cost of public transportation. On the other hand, if you will be driving, decide how much you’ll want to pay for a car and how much you can expect to pay for gas. These expenses differ considerably around the globe.


Foreign countries import and export various types of food. The things that are affordable in your homeland might be very expensive overseas, and vice versa.

Find out what grocery basics cost, as well as those extras you don’t want to do without.

Additionally, look into the cost of dining out in restaurants. If you like to have a few drinks with dinner, research the costs of coffee, beer, alcohol, or whatever it is you enjoy drinking.


The Cost of Living Abroad (Part I)

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Living abroad has many expenses. So, it’s important to have a savings fund to ensure you live comfortably. 

Deciding where to live as an ex-pat can be a complex process, particularly when you don’t have a real understanding of how costs will be different in your new potential home. There are numerous guides regarding the costs of international living that will help you know prices and help you discover the right place to call your next home.

The ones who provide the research work diligently to offer some expert insight into the various costs of living in different countries and cities around the globe. One of the most critical things to think about when moving to a new country is the cost of living abroad. From food to rent to transportation, costs for essential items differ significantly from country to country. 

Living overseas, if just for a short time, can be a life-altering experience. But before you pack your bags and go thousands of miles away, you have to think about how living abroad will affect your wallet. Before you go, be sure you do your research, so you know precisely what to expect. Understand how much living abroad costs and decide what you need to do to afford it.

Why is the Cost of Living Crucial?

Living in a new country is exciting. However, it can also be challenging if you don’t have enough money to keep yourself comfortable. Be sure that the income you’ll be making will be sufficient. Regardless if you want to live a life of luxury or a modest life, it’s critical to have enough money to afford the quality of life you desire. If you are not going to work abroad or you are worried about earning enough, safeguard yourself by having lots of savings in your bank account. Possessing disposable income could be the difference between just getting by and completely enjoying your new town.

The Amount of Money Required for Adoption (Part III)

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Any unused money from the adoption will go back to the family.


Many adoptive families get a refund from their adoption, going from a few hundred dollars to a few thousand dollars. American Adoptions always trains families financially for the worst-case scenario by getting medical expenses to cover any co-pays, retainers, or out-of-pocket medical expenses not covered by Medicaid or other insurances. Once the adoption is completed and all final billing is done, unused money for medical expenses is given right back to the adoptive family.

Adoption Disruption Insurance/No Rollover Policy

Numerous families never have an adoption disruption. However, it can occur. It’s something you have to think about, particularly when asking how much adoption costs in the U.S. An adoption disruption can happen late in the process after you have already put a huge financial investment into the adoption. What occurs to any of those costs that have previously been covered?

A good number of adoption professionals can’t offer any type of adoption disruption insurance, and the ones that do typically use a “rollover” process. This means your lost money will be used in a future adoption situation. So, what are the disadvantages of this sort of policy?

You and your money are stuck with the adoption professional in the likelihood that you will get another adoption opportunity, which is not guaranteed.

If you locate an adoption opportunity with another adoption professional, you are unable to pursue it with the money you’ve already invested.

If the adoption professional goes out of business, your money is gone.

If you would like to step away from adoption to treat the emotional loss of adoption disruption, your money remains with the adoption specialist.

If you are worried about how much it costs to adopt a baby, remember that you partner with your adoption specialist to set your highest adoption budget and will be presented adoption situations that fall within or under your budget based on the total estimated cost of the adoption. 


The Amount of Money Required for Adoption (Part II)

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Adoption fees are high but the joy of a child is worth it.

There are several factors that decide how much it costs to adopt a child, including:

Regardless if you adopt via an independent adoption, a domestic adoption agency, an international adoption professional or the foster care system. The variable adoption expenses (legal, medical, living) are necessary to complete the adoption.

The sort of adoption professional you pick and how they structure their costs

Adoption professionals specialize in private domestic infant adoptions. If you are adopting from foster care or thinking about international adoption, how much it costs to adopt a child will vary from a U.S. adoption.  

How Much Does it Cost to Adopt a Baby in the United States?

The cost associated with adoption will differ depending on the adoption expert you work with. A report from Adoptive Families Magazine stated that domestic infant adoption costs families an average of $45,000. With an adoption professional, the average total adoption cost goes from $45,000 to $55,000.

Those numbers might seem huge, and that’s because they are. It’s typical to have a bad reaction to seeing how much it costs to adopt a child for the first time. Though, there are reasons for the cost. Knowing these could help get a clearer picture of why these costs are crucial.

Adoption Costs and Benefits 

Any family who pledges financially and emotionally to the adoption process deserves an adoption expert who is equally devoted. There are many ways adoption professionals provide many benefits that are included in the total adoption costs, all of which exist to help adoptive families collectively save hundreds of dollars.

Agency Fees

Agency fees stay fixed. It doesn’t matter the number of hours required by our staff to complete the entire adoption process or the total cost of the adoption. Some adoption pros will raise fees as the adoption process goes on, which can increase rapidly. 

The Amount of Money Required for Adoption (Part I)

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Cost is an important factor when considering adoption.

The cost with adoption is something each hopeful adoptive parent ponders. Most folks understand that adoption can be expensive but aren’t really sure what it entails. Hopeful adoptive parents come to the subject with numerous concerns, so it’s understandable if you fret about how much it costs to adopt a child.

It can be a difficult question to answer, but it’s good when people ask. Adoption professionals are committed to total transparency when it comes to the practical aspects of the process, like how much it costs to adopt a baby with an agency. 

With hopeful parents, they deserve to understand precisely what adoption is going to cost, why that cost is and what services they are getting in return. While some adoption pros try to put extra fees in the footnotes, most won’t do that. If you’re considering adoption and you’re pondering how much it costs to adopt, you’ve come to the right place.

How much does adoption cost?

It would be great if someone could just tell you a true set amount that adoption will cost, but it is not that simple. You can, though, give you a cost average for every type of adoption and some specific factors affecting cost for that adoption type.

Bear in mind, that with both international and domestic adoptions, you are probably eligible for the federal adoption tax credit (unless you go over the income limits) and possibly eligible for state adoption tax benefits and employee benefits, all of which will help counterbalance the adoption cost.

Many children adopted from foster care qualify for a monthly adoption subsidy until the child is 18, in-state college tuition, and Medicaid.  The adoptive parents will probably be eligible for a tax credit that is not dependent on expenses acquired.

How Much You Will Need to Start a Business (Part II)

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The financial services sector entails insurance brokers, financial advisors, and other money-savvy experts. If you count yourself one of them and want to work a business in this sector, you can expect to spend around $50,000 with start-up costs.

The real estate business is an impressive choice.

Real Estate

Have a desire to flip homes or even run your own rental business? The real estate sector is now a popular second career choice for many folks. Start-up costs can differ based on which area of real estate you go into, but cost $80,000 on average.


It’s no wonder why food services businesses cost around $130,000 to get going. Despite its popularity as a business venture, an eatery needs a huge upfront investment.

To reign in the costs of hiring a large staff and acquiring space, think about a food truck and then scaling up to a brick-and-mortar place. You can even choose to franchise your business later if it succeeds.

Entrepreneurship is exciting, but running your own business full-time without the correct financial footing can leave you with disappointments. Here’s how hopeful business owners can get ready.

Making the change from side hustle to running your own full-time business is a huge move. You get more control and freedom over your projects. However, you have total responsibility for your own financial future.

If you currently have a side business or are a freelancer, and you are pondering whether to make the move to becoming a full-time entrepreneurial, preparing your finances can ease pressure and help you focus on building your business. 

One of the worst areas to get under control when you’re first beginning a full-time business is your cash flow. It might take time to drum up business or your clients to pay you. There might be unexpected startup costs from purchasing equipment to licensing your business.

Money in the bank is the largest asset that self-employed entrepreneurs can have. It helps you get through client storms, dry spells and lessens stress which helps you concentrate on building your business.

How Much You Will Need to Start a Business (Part I)

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Can you afford to open your own business?

How much money is required to start a business? According to research, the number is around $35,000. Though start-up costs can differ widely based on industry and scale of business. Keep reading to find out the average cost of beginning a business in your industry.

The average cost to start a business

Administrative or custodial services

In the business of offering cleaning or administrative support to other businesses? These services are not only simple to start but very cost-efficient. The average start-up costs are around $12,000 according to studies.


Construction doesn’t include only pros who work on big-scale residential and commercial building projects. It also goes to small-scale construction businesses like handymen. For this reason, the average start-up cost of a construction company is $15,000.

Professional and technical services

Are you a web designer, writer or lawyer? Your company falls into a wide niche of professional services. Beginning a business in this niche costs around $15,000-$20,000. The range is lower since some professional services companies can be started at home with no upfront costs.

Others, such as law offices, require a professional setting for meeting clients and everyday business. This necessitates capital. The true advantage of these knowledge-oriented businesses is that they offer knowledge. This denotes you can avoid manufacturing costs that come with making physical goods.

Healthcare services

Ready to use your medical expertise to work as a dentist, self-employed dietitian, or healthcare provider? Service-oriented healthcare companies cost around $29,000 to start.


From buying raw materials to inventory, the costs of opening a retail store can add up. But really how much do you need to begin a business in this sector? The start-up costs of a retail store amount to around $35,000. Opening a virtual store can eliminate the real estate costs of a standard brick-and-mortar store.