FantasticFinance

Sunday, 25 September 2016

GDP or Gross Domestic product is gross production of any economy represented in monetary terms. I t is collective earning of an economy and the first denominator of econometric analysis models.

Take a simple example suppose X is a big business man and he has variety of business and he does job also.

The list of his earning sources are mentioned below.

Hotel
Agricultural Land
Job
Medical Shop
Petrol Pump

Attributes	Annual Earnings	% share	Rank as per Gross earnings
Hotel	600000	0.12	3
Agriculture	1500000	0.3	1
Job	400000	0.08	4
Medical Shop	1000000	0.2	2
Petrol Pump	1500000	0.3	1
Gross Income	5000000	1

Percentage Share Formulae =

Hotel/Gross Earnings
Agriculture/ Gross Earnings
Medical Shop/ Gross Earnings
Petrol Pump/ Gross Earnings

Note – Agriculture and Petrol Pump earnings accounts for highest share of Gross income

Job earnings are lowest

Likewise GDP is gross earnings of different segment of an economy and above mentioned example is the most basic economic model.

The above model doesn’t reflect the true picture as only income is considered and other variables like expenses, taxes etc. as to be taken under consideration about which I will tell you in my future posts.

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Wednesday, 14 September 2016

MLM or Multiple Level Marketing will definitely be the future economy in the next millennium as with the expansion of internet and shrinking of physical borders the potential of growth is unlimited.

But always look before you leap.

The success of MLM depends upon the following attributes –

· Legal Status

· Nature of business or tasks

· Skills required

· Multiplication plan

· Services

· Pay outs

· Sustainability

From now on words I will come with analysis of MLMs operating in India and later the MLMs operating in world.

First one in my list is Social Trade its url is socialtrade.biz and unfortunately the level of investment these guys ask for and the kind of payout in relation to the service they give are not corresponding to each other.

They advertise part time work but it is a full time headache only guys who have no other job to do and want to dedicate their whole day should join it.

Services are pathetic and minimum earning which they give is 530 INR and maximum 1060 INR everyday under their balanced investment plan accounts for 57500 INR which anyone can easily earn from free online earning websites while dedicating the same time with little more tasks and with no investments.

My rating on the basis of professional requirements are as below

Rating Variables	Points out of 5	Results
· Legal Status	2/5	No tax disbursement information available so bad
· Nature of business or tasks	4/5	Simple clicks and little complex tasks some times
· Skills required	3/5	Any person with system knowledge can do
· Multiplication plan	2/5	High investment and negative feedbacks in market makes it hard to expand your network
· Services	1/5	Worst considering that it’s a paid platform
· Payouts	3/5	Acceptable
· Sustainability	2/5	Not acceptable
·	17/35	Not recommended as you can earn same money by dedicating same time span without any investment

It is only good for those who have no other important job to do, have excess money, want to earn without complex tasks. For normal person it is a waste.

Note – Author has given this feedback after practically joining and working for the above firm for the minimum duration of 60 days.

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Tuesday, 27 October 2015

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