The GoldStacks Concept

Many financial advice web sites claim to be "looking at the big picture" and "thinking outside the box."  Well, you know what? No one's thinking practically anymore. So many people are outside the box, the box is now empty. That's where we come in. We're in the box, not focusing on pie-in-the-sky get-rich quick schemes. In other words:

As you can see, we've developed a new concept, similar to the metric system in its simplicity. Ours is based on units of $1,000. When you join this site (which is 100% FREE), you're signing up to embark upon a path toward enhanced financial independence. Sure, one million dollars (the focus of other wealth books and web sites) is a lot of money. But, you know what?  So is $100,000. Wouldn't $100,000 make a real difference in your life?

(I know it would for mine, as I write this.)

But, like that $1 million figure, making and banking $100k isn't something easily accomplished for most people. It's just too much money. If you're pulling down $40k, $50k, $60k, $70k (or whatever) per year at your job, chances are that money goes toward your normal life expenses -- your household budget. You're used to making whatever you make by now, and you're probably unable to save anything substantial.

So, what we're going to ask you to do addresses that problem. We're going to ask you to focus on making extra money (apart from your salary or regular wages) -- but just $1,000 at a time. See, $1,000 is doable. It's "kind of" a lot, yet also a realistic amount, accessible to and achievable by almost anyone. In fact, here's a hard truth:  If you can't imagine yourself able to make an extra $1,000 somehow, then frankly you just don't belong here.

This site will help you with the task at hand. Our primary forum, for example, will offer 1,000 ways to pocket $1,000. We're not there yet. But, we've started the ball rolling by seeding it with several dozen good ones -- and we're at work building this content even more. The figure "1,000" is our initial goal. However, in reality, there will likely be many, many more than 1,000 money-makers listed therein in the near future. (It's basically a catchy title!) 

In the "1000 Ways" database, you can:

  • view the list of money-making ideas

  • sort the list by title (ascending or descending)

  • sort the list by author (up or down)

  • sort it by investment capital required (low to high / high to low)

  • sort the list by user ratings (best to worst, worst to best)

  • view the ideas / read all the details (the idea, the capital requirements, the barriers to entry, the keywords, etc.)

  • rate individual ideas

  • comment on the ideas, asking questions, supplying observations

  • post your own ideas to the database

  • get notified when people comment on your ideas

  • use the powerful search engine to zero-in on the ideas you're seeking

For discussing non money-making ideas and/or other business topics, we also have a "Entrepreneurs' Forum." There, you can generally network, exchange best practices, ask opinions, etc.

The Work -- Making $1,000

When you find a way to make $1,000 in our database, you should know that no one's going to do your work for you. This isn't some kind of pyramid scheme where "getting in early" matters, nor can you lean on others to achieve your goal. You'll have to actually do the work yourself.

But, here's the thing. You know you can make $1,000. Can you do it twice?  Can you do it five times? How long would it take you to do it 100 times?  If you did that and retained the cash, you'd have $100k in the bank!

Let me share a related belief about making money:  Your first $1,000 might take you a couple weeks, a month, two months... who knows. But, I'm willing to wager that, if you stick to it, your second $1,000 will come faster. Your third will come still faster than that.  You'll be training yourself as you progress to do things smarter, faster, more efficient, etc.

Plus, if you're like me, you probably think up money making ideas all the time. However, if you're like me, you also probably run into financial road blocks along the way. If I only had access to a couple thousand bucks, you'll say, I could turn it into a lot more. Well sure; it often takes money to make money. But, see, you're soon going to be in a position in which you actually have some extra cash to play with. So, suddenly, you'll be able to put some things into motion for yourself. At first, it may be a project or two. Later on, you'll likely have multiple streams of income.

Retaining Your Cash

Now, for many people, when they get their hands on a grand, they tend to blow it. It's the American way, after all.  We don't want you to do that. We want you to hang onto your money -- hopefully until you'll make it through the entire program and have banked $100,000. That's where another interesting hook comes into play (and also the source of our name, GoldStacks!).

We have two ideas on how you can hang onto your cash:

Idea #1: The Golden Path

Now, you don't HAVE to do this, but... I think it would be absolutely cool if you used each $1,000 (or so) to buy an ounce of gold!  Just think... Each time your profits hit whatever the current gold price is, go out and buy yourself a 1-troy ounce gold coin.

Then keep at the program, pursuing $1,000 ideas again and again, repeating the ones that brought you the most profit the quickest and easiest.  Once you reach 100 successful transactions, you've "won" -- and your prize is an enormous pile of gold, weighing 6.25 POUNDS Today, that stack of gold is worth about $92,688.00 (based on roughly $926.88 per coin, as of 6/28/2008).

Now, you may be asking yourself:  Why gold?  Well, there are several reasons:

First, notice that gold is hovering (as I write this) reasonably close to $1,000 per ounce. That's a nice round number, and an achievable goal in terms of extra income (as I've stated). So, gold dovetails particularly well with the wealth building system we're promoting here.

Second, the metal has proven a "relatively" safe investment -- at least in this new millennium. Prior to 2000, it fluctuated a bit, hovering in the $300s or thereabouts between a freakish peak in the late 1970s and about 2002 when it really started to climb. (Elsewhere on the site, or later on our blog, I'll share some wisdom about buying and selling gold, as that's a complete topic unto itself.) Of course, as with any investment, there are risks. If gold plummets, you could lose some of your fortune. But there are two sides to each golden coin: if gold  increases in value, you will profit even more from owning it! (Once you have a portfolio of it, you may find yourself buying and selling it from time to time. We'll talk more about that later.)

Third (and critical), by converting your extra earned cash into gold, you're preventing yourself from squandering it. Unlike stocks and bonds, gold is a tangible thing you can hold in your hands. You'll come to appreciate the value as your pile of one-ounce coins grows. Sure, it's a highly liquid investment, but it's also something that you probably won't cash in on a whim.

Finally, gold is superlatively cool. Surely you feel some affinity and awe for this precious metal, right? When you see a pile of gold, do you get excited?  If so, you're in the right crowd.

But maybe gold isn't your thing... If not, here's a second plan:

Idea #2: Anything Else That Will Keep You From Blowing It

As you may have noticed, above, we believe it's important to regard this new money as a nest egg. Sure, you'll use it for future business ventures. But, we believe it's inadvisable to treat this income as mad money. If you run out and buy plasma television sets and so forth, you're only going to have a huge pile of used goods once you're finished earning $100,000. So, let's put a plan in place to help you hang onto your money.

I believe there are many ways to accomplish this, actually -- bank accounts, CDs, etc. Instead of going into it too deeply here, I'm going to start a thread on our Entrepreneur's Forum devoted to this very topic. So, once you're a member, sign in and search for "Idea Number Two" to hook up with this topic and contribute any ideas or related commentary. (Or, if you're signed in now, just go directly to the post in question.)

The Power of Networking

At our site, you're encouraged to participate in the forums and to network. We've built this thing so that your profile is searchable by others. So, make sure to fill out your profile as thoroughly as possible. You never know who you'll meet here.

As with any social networking site, there are bound to be a few weirdoes. So, use caution. We've put some measures into place to help. Let me back up a bit and talk about reputation.

On the user profile screen, you'll see some numbers associated with each user's name.  One number is their Current Gold Stack. In other words, this is how many (1) gold coins or (2) thousands of dollars that person has in his or her possession (i.e., how many times they've earned $1,000).  Think of it as "current earnings." We use an honor system here. So, on your profile-update screen, you should be honest about your "gold stack" number. (More about honesty in a moment...)

Also included is a Lifetime Gold Stack number (i.e., lifetime earnings since starting GoldStacks). For most people at this stage of the game, it'll be the same as your current earnings number. However, if you decide to use or spend your current earnings, you'll need to adjust your Current Gold Stack downward accordingly. However, your Lifetime Gold Stack number would remain.

Finally, you also have a General Reputation Number that shows around the site in various places. Unlike the previous two numbers, you have no control over this one. The General Reputation Number works like a feedback rating from others. You build this through your interactivity on the site with other users. With hope, this number will offer a bit of assurance that those you're interacting with on the site are honest, reputable people.

When we launched this site, we had the idea that we would charge a $5/month subscription fee. After doing some test marketing on that idea, we scrapped it. GoldStacks.com is 100% free. Register, use the site, let us know what you think.

Best regards,
 

Ragnar Danneskjöld
Founder and CEO
Reputation:  599
Golden Hound
COO
Reputation:  375
  Yukon Cornelius
CFO
Reputation:  165

Copyright © 2008, www.GoldStacks.com. You are viewing GoldStacks during our Beta Test period in Spring/Summer 2008.
If you encounter a problem, drop us an email at
100GoldCoins@Gmail.com. We appreciate any feedback!
Release 1.3 as of June 23, 2008.

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