@strangerarray presents: The Content Creation Curve

This post originally appeared on my other blog that pays me, and you if you want, to post and commentators to comment @ https://steemit.com/@strangerarray.

 

Can More Time Really Improve Your Content Creation?


The Content Creation Curve: Created by Me
Content Creation Curve
Image Source


The above curve illustrations (pun intended) the relationship between quality of content and time spent creating the content.

As you can see it takes little to no time to create any smidge of worthless content.

But as the time and effort put into the creation of the content increases, the quality of the content increases.

But only to a point.


The Content Creation Curve: Point Of Wasted Time
Content Creation Curve: Point Of Wasted Time
Image Source


The point exatcly where the curve begins to flatten is the Point Of Wasted Time!

Any work on the content beyond this point will net a negative result from the perspective of time spent and a neutral net of quality.

In fact, my diagram should really have the Point Of Wasted Time more to the left on the curve, but it would take me time to fix that and would increase my chances of diminishing return for this post.

In fact I am working to hit a specific spot, the Sweet Spot (See figure below.), in order to maximize the quality of the content created balanced with the time spent to create such content.


The Content Creation Curve: The Sweet Spot
Content Creation Curve: The Sweet Spot
Image Source


As you can see, The Sweet Spot is a zone where the quality is improving, but the time is not slipping away at too great of a pace.

There are a few ways you can hit the sweet spot:

  • Use a template for your content so you basically have a “plug-and-play” type post
  • Work fast!
  • Make crappy-er content

Whatever the course of action you choose to pursue, I recommend tinkering with the formula until you find something that works right for you!

At the risk of hitting The Point Of Wasted Time on this particular post, our time here will now come to a close.

Take care!


I think this is a wonderful and interesting time to be alive.

What do you think?


The future together is bright.

Join me.


As a reader of this blog you assume all risk related to the use of any information on this site. I am providing this information “as is,” and disclaim any and all warranties, whether expressed or implied, including (and without limitation to) any implied warranties of merchantability or fitness for any particular purpose. In no event will I, or anyone associated with this site be liable to you or to any third party for any direct, indirect, accidental, incidental, consequential, special or exemplary damages, or financial loss, injury or death resulting from any use or misuse of this data. You should NEVER use any information on this, or any other site to make decisions that can result in damage to property, financial loss, injury or loss of life.


Michael


Created by Michael Paine 

Follow me @strangerarray and donate because we love content creation!


See the latest adventures and creations from my wife Sarah on steemit! Coming Soon!

Also Check Out Some of My Previous Post:


Hey, before you go, I have a question for you, Are you interested in taking out a loan to consolidate debt?

If you use my Credible Referral link, you can get a cash bonus if you take out a loan.

It can be a Personal Loan or a loan to consolidate Student Loans.

Either way, if you use my link, it can be a “win-win” for us both by saving us money on interest and getting a little bit of money now!

How To Self-Publish – A SlideShare Presentation – PART THREE

This post originally appeared on my other blog that pays me, and you if you want, to post and to comment @ https://steemit.com/@strangerarray.

 

“I want to do something splendid…Something heroic or wonderful that won’t be forgotten after I’m dead…I think I shall write books.” – Louisa May Alcott


Scanning Around With Gene
Image Source


The following contains portions of material that were originally uploaded to SlideShare as part of a Writing Course Presentation given at a local area Community College as part of a Continuing Education program on How To Self-Publish, given by yours truly on 9/8/15 and developed by to encourage others to write their own book.

No part of this publication may be reproduced, stored in or introduced into a retrieval system, or transmitted, in any form or by any means (electronically, mechanical, photocopying, recording or otherwise), without the prior written permission from me.

All rights reserved.


Like @papa-pepper, here’s the proof!


Last time, in PART TWO, we talked about the ISBN and interior selections for you book, today we will take it outside!

Remember, I chose to use createspace.com and will be showing the steps using that site for the rest of the presentation.


Why createspace.com?

Because:

  • It’s FREE
  • It’s from amazon.com and so it is easier to list your books on amazon when your done
  • It was recomended by James Altucher who has been an inspiration to me

Let’s go outside!

And by that, I mean, let’s take a look at our cover options:

You can see the Cover can have a Matte finish or a Glossy finish.

Matte “is a light coating that provides a boost to the contrast of your photos, but results in very little glare.”

Glossy finish “is a coating that provides a lot of shine, which results in a higher contrast and color gamut than other papers.’

This is strickly a preference on how you want it to look, so take your pick!


paper_uncoated_matte_gloss1
Image Source


Once you know how it will look, now you need to know what it will look like:

Again, you have options!

You can:

  • Build Your Cover Online with their software, which is easy to use, but limited in choice

  • Pay to have a Professional Design starting at $399
  • Upload a PDF of something you made or had someone you know make (I had my artist wife design mine…)


But first, let us take a quick break…


Okay, good, we all made it back!

We’ve now uploaded our interior and the cover is complete and we’ve now moved on to the “Complete Setup” step.

Here we are going over the checklist to make sure everything that is needed to be done is done before they are ready to have your book as a Print-On-Demand product.

We’ve decided to Launch Interior Reviewer to make sure things look right on our end:

Here we make sure things are all set to jet and ready for printing.

At this point, in my book I had already printing a draft copy that looked the same from my own personal printer.

This was the copy I edited and and marked up to make changes and corrections to my manuscript.

For steemians, I’ve also reviewed @stellabelle‘s self-published book Un-Crap Your Life: Navigating Life’s Crappiest Situations before it was put out. Ask her and see my review.

So if you are looking to hire someone for some editing or other feedback just drop me a message.


Wowza our Proof was Approved!

Now we have to determine how we want our new potential bestseller to be Distributed and what Sales & Marketing may be involved.

Here are check list items to set what Channels of Distributions, how people will get your book, along with Pricing because you want someone to pay you right…, along with Cover Finish, a Description getting people a taste of what you have to offer inside your book and selling them on the idea of actually buying it, and the option to Publish it on Kindle.

Each step will be walked through simply by clicking the corresponding links.

Channels:

Here you have the option to Make your book available on:

  • Amazon.com
  • Amazon Europe
  • CreateSpace eStore
  • CreateSpace Direct
  • And More…

Pricing:

How you price is up to you (with some minor exceptions).

You can research pricing strategies until you are blue in the face, but they kinda all boil down to these three:

Lowest Price – Make it as low as the pricing tool will let you, there are cost to printing that have to be covered, but once that threshold is met, you are free to make as little profit per book as you can stomach.

This is good if you are a new author and want to get your work out and seen by many people who may be reluctant to purchasing your book.

But you are not going to get rich this way.

Well maybe if the sales volume is really high, which you can do once you are more popular in order to get even more popular, but let’s wait until then to go over that…

Also you might want to go low if you have a message you want to share with the world.

Highest Profit – The sky’s the limit!

Well, your customer bases wallet is the limit.

Well, as much as you think someone will reasonably pay is the limit.

Well, you get the idea…

Price it high if you have a platform and good marketing and want good margins, but know that for some book buyers, price is sometimes what they make their decision on.

But if you know your book has great value to offer, don’t sell yourself short.

Don’t feel bad to charge more, because eventually, you are going to have to in order to ever make a reasonable amount of money off of publishing your own books.

Equilibrium Price – In economic terms is “the market price where the quantity of goods supplied is equal to the quantity of goods demanded. This is the point at which the demand and supply curves in the market intersect.”

So basically, find something in the middle, this might take time to figure out, but you might make more than you would going to either extreme.

I forget where, but once I read about how the specific price doesn’t matter all that much, but what matters more is making the sale.

If you can presuade people to buy, they will buy.

Description:

Here is your chance to use your persuasion powers to sell that book with a great description!

Also add your Author Biography so that people can get to know you, connect with you, and feel good about buying your book and hey, maybe even make a friend….

Publish on Kindle:

We all know people read e-books nowadays and we want them to buy our book too!

Sure having a nice print edition is fun, but we also don’t want to cut out any market segments, so we are going online with our content with one of the world’s largest retailer.


Lastly we have reached the Sales and Marketing!

There are entire graduate level classes on these subjects, I know I’ve taken a few…, and so there is plenty else out there to find some help in these areas.

This “How-To” was “How To Self-Publish” which we now have done, so you are on your own… kinda.

We all know you can market using Social Media, Blogging (like on steemit), and by using Paid Advertising to get the word out.

Also:

I’m here to help YOU!

Just let me know what you are working on and how I can help and we can see what we can create together!

Thanks,
@strangerarray

If you want the whole presentation at once check out the SlideShare or let me know if you have any questions and I will do my best to answer them based off my own Self-Publishing experience!


I think this is a wonderful and interesting time to be alive.

What do you think?


The future together is bright.

Join me.


As a reader of this blog you assume all risk related to the use of any information on this site. I am providing this information “as is,” and disclaim any and all warranties, whether expressed or implied, including (and without limitation to) any implied warranties of merchantability or fitness for any particular purpose. In no event will I, or anyone associated with this site be liable to you or to any third party for any direct, indirect, accidental, incidental, consequential, special or exemplary damages, or financial loss, injury or death resulting from any use or misuse of this data. You should NEVER use any information on this, or any other site to make decisions that can result in damage to property, financial loss, injury or loss of life.


Michael


Created by Michael Paine 

Follow me @strangerarray and donate because you value what I bring you!


Check Out Some of My Previous Post:


Hey, before you go, I have a question for you, Are you interested in taking out a loan to consolidate debt?

If you use my Credible Referral link, you can get a cash bonus if you take out a loan.

It can be a Personal Loan or a loan to consolidate Student Loans.

Either way, if you use my link, it can be a “win-win” for us both by saving us money on interest and getting a little bit of money now!

How To Self-Publish – A SlideShare Presentation – PART TWO

This post originally appeared on my other blog that pays me, and you if you want, to post and commentators to comment @ https://steemit.com/@strangerarray.

 

“Self-publishing is the new business card..”James Altucher


Self-Publish List
Image Source


The following contains portions of material that were originally uploaded to SlideShare as part of a Writing Course Presentation given at a local area Community College as part of a Continuing Education program on How To Self-Publish, given by yours truly on 9/8/15 and developed by to encourage others to write their own book.

No part of this publication may be reproduced, stored in or introduced into a retrieval system, or transmitted, in any form or by any means (electronically, mechanical, photocopying, recording or otherwise), without the prior written permission from me.

All rights reserved.


Like @papa-pepper, here’s the proof!


Last time, in PART ONE, we talked about they why behind self-publishing, today we will continue our journey!

Remember, I chose to use createspace.com and will be showing the steps using that site for the rest of the presentation.


Why createspace.com?

Because:

  • It’s FREE
  • It’s from amazon.com and so it is easier to list your books on amazon when your done
  • It was recomended by James Altucher who has been an inspiration to me

Let’s get started!

Click “Start a title for free” and create a login, if you need to.

Next Select: Add New Title:

Then, Give your book a “Working Title”, don’t worry if you don’t know if this is exactly what you want to call your book because this can be changed later!

Next Select: Paperback and Then Select: Guided so that they will help you through the process of putting it all together properly.

Make sure to fill in all the information!


Wondering about an ISBN for your book?

CreateSpace has got options to get you covered!

You can choose:

  • A Free ISBN that will have createspace listed as your publisher (imprint)
  • Upcharge for a Custom ISBN for only $10
  • Upcharge for a Custom Universal ISBN for $99
  • Or the option to provide your own if you already have one.

To keep my cost down, I went with the FREE option!

However, it is important to NOTE that once CreateSpace assigns an ISBN, it cannot be changed.


Now that we got that part out of the way, let’s get down to some of the Interior Options we will be selecting:

Here we will select if we want the interior to be only “Black & White” or in “Full Color”.

Additionally, we can select if we want the Paper Color to be “White” or “Cream”.

Finally, we will select the “Trim Size” which is what size the final print version of your book will be in when it is ready.

They even have a helpful “Template” that you can download so that you can get your formatting correct for publishing.

Here is an example of my book:


Once that is all formatted, you will choose how you’d like to submit your interior:

You can Do It Yourself (DIY), because hey, you already have come this far in the self-publishing process, or you can pay to talk with them about professional design services starting at $199.

I am not saying it might not be worth it to you, but for me, I do this thing on the regular in my blog here, so it wasn’t hard, but if it ain’t your cup of tea, I don’t blame you, if you can afford it, get some help!


When you do upload it, they will automatically check to make sure it meets the printing requirements:

At this point you can start working of your book cover, which we will discuss next time, or you can continue with the Interior Reviewer to review your work before you are done:

I’d like to continue, but our time here today is coming to a close and the length is growing much too long.

I will post a 3rd part soon to finish up this presentation.

If you don’t want to wait, check out the SlideShare or let me know if you have any questions and I will do my best to answer them based off my own Self-Publishing experience!

Thanks,
@strangerarray


I think this is a wonderful and interesting time to be alive.

What do you think?


The future together is bright.

Join me.


As a reader of this blog you assume all risk related to the use of any information on this site. I am providing this information “as is,” and disclaim any and all warranties, whether expressed or implied, including (and without limitation to) any implied warranties of merchantability or fitness for any particular purpose. In no event will I, or anyone associated with this site be liable to you or to any third party for any direct, indirect, accidental, incidental, consequential, special or exemplary damages, or financial loss, injury or death resulting from any use or misuse of this data. You should NEVER use any information on this, or any other site to make decisions that can result in damage to property, financial loss, injury or loss of life.


Michael


Created by Michael Paine 

Follow me @strangerarray and donate because you really value what I bring you!


Check Out Some of My Previous Post:


Hey, before you go, I have a question for you, Are you interested in taking out a loan to consolidate debt?

If you use my Credible Referral link, you can get a cash bonus if you take out a loan.

It can be a Personal Loan or a loan to consolidate Student Loans.

Either way, if you use my link, it can be a “win-win” for us both by saving us money on interest and getting a little bit of money now!

How To Self-Publish – A SlideShare Presentation – PART ONE

This post originally appeared on my other blog that pays me, and you if you want, to post and commentators to comment @ https://steemit.com/@strangerarray.

 

“Everyone has a book inside of them – but it doesn’t do any good until you pry it out.”Jodi Picoult


Everyone Has A Book
Image Source


The following contains portions of material that were originally uploaded to SlideShare as part of a Writing Course Presentation given at a local area Community College as part of a Continuing Education program on How To Self-Publish, given by yours truly on 9/8/15 and developed by to encourage others to write their own book.

No part of this publication may be reproduced, stored in or introduced into a retrieval system, or transmitted, in any form or by any means (electronically, mechanical, photocopying, recording or otherwise), without the prior written permission from me.

All rights reserved.


Like @papa-pepper, here’s the proof!


My Mission is To Help You Achieve Your Dream of being a Self-Published Author!

The thing is, I can’t write it for you, well I could if you paid me…, but really if you haven’t written a book yet, then there is no point in trying to publish it.

So go write!

Or stick around and see what to do once you get ready to push “print” in the future.


Before We Contiune, Think About WHY You Want To Self-Publish?

Getting a better understading of why you plan on doing what you plan on doing helps to set a direction to your efforts and prevents frustration and future heartache.

Of course you probably want to make money, and that’s okay, but just realize, there are not several millionaire authors running around.

Most likely, especially if it is your first book, you might not even make a dime.

You may not even be able to give your book away for free and actually get someone to read it!



Here I have some things I want to point out to look for/ look out for!

When I decided to Self-Publish here are a few of the things I was looking for:

Print-One-Demand (POD) – This service allows you to create your book without committing to buying some ridiculous amounts of copies in advance.

In the past authors who wanted to self-publish were coerced into pre-purchasing their own book to cover the printing costs.

The publisher didn’t want to spend money on books that wouldn’t sell, so they sold them to the author and then it was up to the author to sell them off.

Leaving the writer in a hole that some never may get out of.

Instead, with Print-On-Demand, you don’t have to even buy a single copy.

They only print a paper version of your book when and if someone orders it.

Saving both parties time and money!

Please note, even if your book should be a best seller, there is a good chance your book might not even sell.

Also, I’ve read that creating a specific “niche” book does best.

Look out for:

  • People who want to charge you fees for uploading things like a cover or interior, there are places you can do it yourself for free
  • Don’t confuse self-publishing services as marketing services, there a predatory vanity publishing agencies who will take your money and don’t care if your book sells
  • Also know this, just because you self-publish and put your book out, it ain’t gonna sell itself!

So what should you do?

The websites I came across were lightningsource.com, lulu.com and createspace.com.

I went with createspace.com, and use it during this presentation, because:

  • It’s FREE
  • It’s from amazon.com and so it is easier to list your books on amazon when your done
  • It was recomended by James Altucher who has been an inspiration to me

From my book Conspire To Inspire:

“James brings a unique style to writing with his relatable yet fresh voice. I became inspired. I came to respect James for his open and honest presentation. He tells stories that were embarrassing to himself. He tells things in a matter of fact sort of way that does not make excuses or hide shortcomings. He writes about being gentle and kind. Not only to others but to yourself. I think these things are important and admirable. I think these things are imitable.

And need to spread.

James has an interesting background. “James Altucher is an American hedge fund manager, entrepreneur, bestselling author, and podcaster. He has founded or cofounded over 20 companies, including Reset Inc. and StockPickr and claims to have failed at 17 of them. He has published 11 books, and is a frequent contributor to publications including The Financial Times, TheStreet.com, TechCrunch, Seeking Alpha, Thought Catalog, and The Huffington Post. USA Today named his book “Choose Yourself” among the 12 Best Business Books of All Time.” Source


I’d like to continue, but our time here today is coming to a close and the length is growing much too long.

I will post a 2nd (and maybe 3rd) part soon to finish up this presentation.

If you don’t want to wait, check out the SlideShare or let me know if you have any questions and I will do my best to answer them based off my own Self-Publishing experience!

Thanks,
@strangerarray


I think this is a wonderful and interesting time to be alive.

What do you think?


The future together is bright.

Join me.


As a reader of this blog you assume all risk related to the use of any information on this site. I am providing this information “as is,” and disclaim any and all warranties, whether expressed or implied, including (and without limitation to) any implied warranties of merchantability or fitness for any particular purpose. In no event will I, or anyone associated with this site be liable to you or to any third party for any direct, indirect, accidental, incidental, consequential, special or exemplary damages, or financial loss, injury or death resulting from any use or misuse of this data. You should NEVER use any information on this, or any other site to make decisions that can result in damage to property, financial loss, injury or loss of life.


Michael


Created by Michael Paine 

Follow me @strangerarray and donate because you value what I bring you!


Check Out Some of My Previous Post:


Hey, before you go, I have a question for you, Are you interested in taking out a loan to consolidate debt?

If you use my Credible Referral link, you can get a cash bonus if you take out a loan.

It can be a Personal Loan or a loan to consolidate Student Loans.

Either way, if you use my link, it can be a “win-win” for us both by saving us money on interest and getting a little bit of money now!

Convert Crypto With Ease

This post originally appeared on my other blog that pays me, and you if you want, to post and commentators to comment @ https://steemit.com/@strangerarray.

 

If you are anything like me, and that is a big assumption, you may from time to time need some assistance with the conversion of cryptocurrencies.


Cryptonator
Image Source


Luckily, I found a site called Cryptonator that looks like a calculator.

And it is as simple to use as a calculator and can do simple crypto conversions for you.

As you can see from the image below I will input $1 USD and it results 0.00037437 BTC at the time of this image.

As the price changes, you can update and refresh and this will change the information in the output.


Cryptonator
Image Source


But don’t stop there, Cryptonator does all sorts of crypto conversions!

Here you can see a BTC to ETH:


Cryptonator
Image Source



Cryptonator also does the following inputs and outputs:

Fiat Money

  • US Dollar (USD)
  • Euro (EUR)
  • Ruble (RUR
  • British Pound Sterling (GBP)

Popular Currencies

  • Bitcoin (BTC)
  • Litecoin (LTC)
  • Dogecoin (DOGE)
  • Ethereum (ETH)

And More

  • So many your head will spin and you should just go there and see if your favorite crypto is listed!

If the crypto you prefer is not listed, it takes a little more math, but the calculator will probably cut down some of your efforts.


I know this is helpful for me because of the need to keep track of gains and losses in trading.

Being able to easily convert cryptocurrencies into a common understandable unit (for me USD) helps me make a decision whether I am selling or buying at a good price or not.


I think this is a wonderful and interesting time to be alive.

What do you think?


The future together is bright.

Join me.


As a reader of this blog you assume all risk related to the use of any information on this site. I am providing this information “as is,” and disclaim any and all warranties, whether expressed or implied, including (and without limitation to) any implied warranties of merchantability or fitness for any particular purpose. In no event will I, or anyone associated with this site be liable to you or to any third party for any direct, indirect, accidental, incidental, consequential, special or exemplary damages, or financial loss, injury or death resulting from any use or misuse of this data. You should NEVER use any information on this, or any other site to make decisions that can result in damage to property, financial loss, injury or loss of life.


Michael


Created by Michael Paine 

Follow me @strangerarray and donate because you can convert your mine into my money, if you want.


See the latest adventures and creations from my wife Sarah on steemit! Coming Soon!

Also Check Out Some of My Previous Post:


Hey, before you go, I have a question for you, Are you interested in taking out a loan to consolidate debt?

If you use my Credible Referral link, you can get a cash bonus if you take out a loan.

It can be a Personal Loan or a loan to consolidate Student Loans.

Either way, if you use my link, it can be a “win-win” for us both by saving us money on interest and getting a little bit of money now!

Can You Diversify Your Way To Safety?

This post originally appeared on my other blog that pays me, and you if you want, to post and commentators to comment @ https://steemit.com/@strangerarray.

“Freedom is found not in the taking of risks (it’s far more risky to have a 9-5 job). Freedom is found by removing risks.”James Altucher


The following contains portions of material that were originally submitted during the 1601A session in Corporate Portfolio Management: FINC605-1601A-01 with Dr. Susan Weiss on January 18, 2016, by myself, Michael Paine, as part of my MBA Program at Colorado Technical University.

No part of this publication may be reproduced, stored in or introduced into a retrieval system, or transmitted, in any form or by any means (electronically, mechanical, photocopying, recording or otherwise), without the prior written permission from me.

All rights reserved.



Most people I know what money and freedom and safety, but can you really have all three?

Yes.

And no.

The thing is they all have and will come and go in varying amounts throughout our life.

The latter two aside, let’s take a look at money and investing to get more.

Especially if you are here looking for ways to make sure your cryptocurrency investments are safe.
When looking to invest there is something you should know about.

It is called systematic risk.

Systematic risk, also known as nondiversifiable risks, is the inherent risk incurred in investing and cannot be eliminated through portfolio diversification (CTU Portfolio, 2016).

That’s right, you cannot diversify your portfolio enough to overcome the inherent risk involved in giving your money to someone else or placed in some investment vehicle (i.e. any crypto) in hopes of getting more back in return.

The deal is you give the coin, investment, market, etc. the money and you get it back at hopefully 1000% return!

But it is not guaranteed and therefore risky.

Systematic risk can include subcategories such as market risk, foreign currency risks, purchasing power risk, or interest rate risk (CTU Portfolio, 2016).

With the intrinsic risk to investing explained, we can turn our focus to risk involved in individual investments in particular.


In contrast to the systematic risk involved in investing, there are also unsystematic or nonsystematic risks that are unique to a single company, stock or industry (CTU Q&A, 2016).

The main types of unsystematic risk are business risk, default risk, financial risk, and country risk.

These unsystematic risks can be mitigated through research into the various investments prior to making a commitment.

This is when you do your homework.

When attempting to mitigate unsystematic risk there are several options of different types of investments a person can make.

One investment type of investment security is stock which can be common or preferred. Common stock is a security that signifies a portion of ownership in a business and makes the holder eligible for distributions of profits or earning by the company through a dividend payment (CTU Common, 2016).

It is important to note that with common stock, there is no guarantee there will be any distribution or profits or any positive appreciation in the value of the stock or of any return at all on the investment (CTU Common, 2016).

Furthermore, common shareholders have the last claim on any profits or distribution of assets from the firm in the event of liquidation and can only receive distributions after other financial obligations, such as debt owed to creditors, have been met (CTU Common, 2016).

Some of the more typical types of common stock are: Income Stocks, Growth Stocks, and Value Stocks (CTU Types, 2016).

A few lesser known or more specialized common stocks are: Cyclical Stocks, Defensive Stocks, Blue Chips, Penny Stocks, and Speculative Stocks (CTU Types, 2016).

In Crypto you will want to look at things such as current market capitilization, the cryptocurrencies’ total supply (i.e. how many coins are there determines how valuable they can or should be), and inflation.

As Zach Herbert writes in Want to deflate the token bubble? Fix the market cap indicator: “Inflation is the major driver of future market cap. As more tokens are brought into existence, outstanding tokens are diluted. Tokens with healthy inflation rates can often preserve their price per token, but tokens with extremely high levels of inflation should decrease over time.”


Stocks
Image Source


In “regular investing”, preferred stocks are stocks that are considered a hybrid security because they provide fixed dividend payments, like bonds, but like a stock preferred stock has no maturity date (CTU Preferred, 2016).

Some of the specific types of preferred stock are: Perpetual Preferred, Convertible Preferred, Callable Preferred, Cumulative Preferred, Non-Cumulative Preferred, Participating Preferred, Preference Preferred Shares, Adjustable-Rate (Floating Rate) Preferred (ARPs), Foreign Bank Preferred, and Money Market Preferred Stock (MMPS) (CTU Preferred, 2016).

The advantages of holding preferred stock include quarterly dividend payments, prior claim before common stock in case of liquidation, low cost per share (CTU Preferred, 2016).

These advantages come with a tradeoff of disadvantages such as low yields, interest rate risk and not having voting rights in the company (CTU Preferred, 2016). Other investment options also include bonds, which we will discuss more below, and also index funds, mutual funds, hedge funds.


Again, in “regular investing” there are ways to tell how risky a particular stock is by using something called the “beta coefficient”.

The Beta coefficient is a measurement of the volatility or risk of a stock or portfolio in relation to the market volatility (CTU Q&A, 2016).

“As a point of reference, beta for risk-free assets is zero (0), whereas the beta for the market is one (1)” (CTU Q&A, 2016).

The particular stock’s beta is a reflection how the firm or industry’s unsystematic risk are likely to be impacted by the systematic risks that effect all investments.

Beta is calculated by using regression analysis based on the riskiness of a firm’s stock price in relation to its cash flows.

This covariance of the stock’s price changes in relation to the market versus the variance on the market is used to find the risk of a firm’s stock price or beta.

Looking at a stock’s beta can give investors an indication of how volatile the investment will be compared to other choices in the market.

So in the crypto world Zach Herbert suggests “adding a new metric called inflation factor that indicates how the market cap could be affected over the next five years by token inflation. For example: Inflation factor = (new supply over 5 years) / (current total supply) x 100%.”.


Crypto
Image Source


A beta applies to a particular stock, but for bonds there are other differences that need to be considered.

Bonds are type debt security where the issuers are borrowers and holders are creditors and they use an instrument called an indenture that is the contract between the issuer and the bondholder that outlines the coupon rate, maturity date, and par value for the bond (Weiss, 2016).

Similar to stocks, there are different types of bonds including: government bonds, such as Treasury bonds and municipal bonds; corporate bonds, issued by companies like stock; and zero-coupon bonds that do not make coupon payment but are issued at a discount to the par value.

To help investors make decisions in the bond market there are two major bond rating companies: Moody’s Investor Service and Standard & Poor’s (Weiss, 2016).

They issue ratings, such as the highest rating AAA, that indicates credit quality, also known as the credit worthiness, or risk of default of the bond (Weiss, 2016).

In cryptocurrncies, you may consider checking out TokenMarket where you can “Trade and research 226 blockchain assets.”

Or if you are really looking for less risk, maybe check out the emergence of Cryptocurrency Index Funds.

At the very least, check out what David Siegel has to say in his Op Ed Crypto-Investing in the Age of Whales.

Either way, whatever you decide to do with your STEEM or other crypto investments, rembember that “Freedom is found by removing risks.” and so do your homework like I did mine.


I think this is a wonderful and interesting time to be alive.

What do you think?


The future together is bright.

Join me.


As a reader of this blog you assume all risk related to the use of any information on this site. I am providing this information “as is,” and disclaim any and all warranties, whether expressed or implied, including (and without limitation to) any implied warranties of merchantability or fitness for any particular purpose. In no event will I, or anyone associated with this site be liable to you or to any third party for any direct, indirect, accidental, incidental, consequential, special or exemplary damages, or financial loss, injury or death resulting from any use or misuse of this data. You should NEVER use any information on this, or any other site to make decisions that can result in damage to property, financial loss, injury or loss of life.


Michael


Created by Michael Paine

Follow me @strangerarray and donate because you really want to help a guy out!


Check Out Some of My Previous Post:


Hey, before you go, I have a question for you, Are you interested in taking out a loan to consolidate debt?

If you use my Credible Referral link, you can get a cash bonus if you take out a loan.

It can be a Personal Loan or a loan to consolidate Student Loans.

Either way, if you use my link, it can be a “win-win” for us both by saving us money on interest and getting a little bit of money now!


ReferencesColorado Technical University. (2016). Common Stock [MUSE]. Retrieved from Colorado Technical University Virtual Campus, FINC605-1601A-01:https://class.ctuonline.edu/CbFileShareCommon/ctu/FINC605/P1/Hub2/21433.pdf

Colorado Technical University. (2016). Portfolio Risk Management Techniques and Ethical
Considerations [MUSE]. Retrieved from Colorado Technical University Virtual Campus, FINC605-1601A-01:https://class.ctuonline.edu/CbFileShareCommon/ctu/FINC605/P1/Hub1/7880.pdf

Colorado Technical University. (2016). Preferred Stock [MUSE]. Retrieved from Colorado Technical University Virtual Campus, FINC605-1601A-01:https://class.ctuonline.edu/_layouts/MUSEViewer/Asset.aspx?MID=2314535&aid=2314 544&pIType=explore_it

Colorado Technical University. (2016). Q&A: Portfolio Risk Management & Ethics [MUSE]. Retrieved from Colorado Technical University Virtual Campus, FINC605-1601A-01:https://class.ctuonline.edu/CbFileShareCommon/coursebuilder/40000/31356.pdf

Colorado Technical University. (2016). Types of Common Stocks [MUSE]. Retrieved from Colorado Technical University Virtual Campus, FINC605-1601A-01:https://class.ctuonline.edu/CbFileShareCommon/coursebuilder/30000/27501.pdf

Weiss, S. (2016). Live Chat Presentation 4: FINC605 _01_284_6_3_0_2, Colorado Springs, CO; CTU Online. Retrieved from Colorado Technical University Virtual Campus, FINC605-1601A-01: https://campus.ctuonline.edu

 

One Foot In Front Of The Other

This post originally appeared on my other blog that me, and you if you want, to post and  to comment @ https://steemit.com/@strangerarray.

 

And so we find ourselves here,
weary travelers that we may be,
broken, bloody and famished,
sitting on the edge of the sea


Old Map With Ship
Image Source


The stories that we tell ourselves,
may they forever be
filled with hope and love and doubt,
and as deep as the depths of the sea.

The things of this world will not last they say,
but alas we are here again today,
the rhythmic beating of the waves,
be brave, again they say, be brave.

Clear stars dance upon the night sky,
as we check again our water supply,
the sleep is for the wealthy they say,
and so for us we can only pray.

Tossed and turned to and fro,
I’d like to have another go,
a chance to begin again,
a chance to begin again.


Cowboy In Sunset
Image Source“And this ain’t no place for the weary kind

And this ain’t no place to lose your mind

And this ain’t no place to fall behind

Pick up your crazy heart and give it one more try”The Weary Kind – Ryan Bingham


If it were only so simple to describe what I am trying to say, I’d say it, I’d say it, aloud today.

These thoughts that bubble up, the pain that they bring, the missteps, the mistakes, and the sorrow that they bring.

The trouble is being troubled by doubt and death and destruction.

And so I sit here tight and and wait futher instruction.


I think this is a wonderful and interesting time to be alive.

What do you think?


The future together is bright.

Join me.


As a reader of this blog you assume all risk related to the use of any information on this site. I am providing this information “as is,” and disclaim any and all warranties, whether expressed or implied, including (and without limitation to) any implied warranties of merchantability or fitness for any particular purpose. In no event will I, or anyone associated with this site be liable to you or to any third party for any direct, indirect, accidental, incidental, consequential, special or exemplary damages, or financial loss, injury or death resulting from any use or misuse of this data. You should NEVER use any information on this, or any other site to make decisions that can result in damage to property, financial loss, injury or loss of life.


Michael


Created by Michael Paine 

Follow me @strangerarray and donate because c’mon…


Check Out Some of My Previous Post:


Hey, before you go, I have a question for you, Are you interested in taking out a loan to consolidate debt?

If you use my Credible Referral link, you can get a cash bonus if you take out a loan.

It can be a Personal Loan or a loan to consolidate Student Loans.

Either way, if you use my link, it can be a “win-win” for us both by saving us money on interest and getting a little bit of money now!