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	<title>Solo Den</title>
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	<link>http://www.soloden.com</link>
	<description>Blogging about this and that..</description>
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		<title>How My Company Cut Costs and Increased Profit</title>
		<link>http://www.soloden.com/2012/02/01/how-my-company-cut-costs-and-increased-profit/</link>
		<comments>http://www.soloden.com/2012/02/01/how-my-company-cut-costs-and-increased-profit/#comments</comments>
		<pubDate>Wed, 01 Feb 2012 18:48:22 +0000</pubDate>
		<dc:creator>Taecyon</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://www.soloden.com/?p=88</guid>
		<description><![CDATA[So my boss calls in about 5 of us to his office and lays down the line, &#8220;we need to cut costs!&#8221;  I think that all of us were thinking about our employee benefits or what we were going to be doing as unemployed people.  But instead of firing anyone we had a discussion about<a href="http://www.soloden.com/2012/02/01/how-my-company-cut-costs-and-increased-profit/"> <br /><br /> (Read More...)</a>]]></description>
			<content:encoded><![CDATA[<p><img class="aligncenter size-full wp-image-89" title="cut costs" src="http://www.soloden.com/wp-content/uploads/2012/02/cut-costs.jpg" alt="" width="425" height="282" /></p>
<p>So my boss calls in about 5 of us to his office and lays down the line, &#8220;we need to cut costs!&#8221;  I think that all of us were thinking about our <a class="seomoz-highlight seomoz-highlight-external" href="http://payroll.intuit.com/services/employee_benefits.jsp">employee benefits</a> or what we were going to be doing as unemployed people.  But instead of firing anyone we had a discussion about how we can be more efficient as a company and how lowering our costs would increase our profit &#8211; standard business rules. This is what we came up with:</p>
<p>1.  We decided to minimize the amount of paper we use and tested out online/paperless ways to do business.  We told our clients that we would only be writing up reports in PDF &#8211; some our our clients wanted hard copy reports.  We also used an online payroll software to keep track of payroll electronically.  This helped us when filing our taxes electronically because a lot of our tax documents were already in a digital format.</p>
<p>2. We figured that traveling expenses were too high so instead of traveling around meeting clients we started group online video conference calls.  This saved us a lot of transportation/traveling expenses and it also let us stay at home with our families more often then not.</p>
<p>3. All employees are being cross trained meaning that almost all of us are somewhat skilled in another persons tasks.  This will help when someone gets sick or can&#8217;t make it into work. We are saving money by not having to outsource work or call in temporary help when the time is needed.  This also will help us in the long run because employee personal and business growth.</p>
<p>These were the first three steps we took and are taking to cut costs at our small business. They were simple adjustments and made one heck of a difference. We are looking into other ways to cut costs and increase profit without letting go of our most valuable assets &#8211; the people that work with us.</p>
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		<title>How to Pass Your Driving Test</title>
		<link>http://www.soloden.com/2011/11/01/how-to-pass-your-driving-test/</link>
		<comments>http://www.soloden.com/2011/11/01/how-to-pass-your-driving-test/#comments</comments>
		<pubDate>Tue, 01 Nov 2011 23:16:04 +0000</pubDate>
		<dc:creator>Taecyon</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[driver's test]]></category>
		<category><![CDATA[driving]]></category>
		<category><![CDATA[license]]></category>

		<guid isPermaLink="false">http://www.soloden.com/?p=73</guid>
		<description><![CDATA[If you are getting ready to get your first driver&#8217;s license, then you know that you have to take a driver&#8217;s test. These tests can be stressful if you let it. There are tips that will make you pass your driver&#8217;s test easily. These tips are actually fail safe and very simple. They are not<a href="http://www.soloden.com/2011/11/01/how-to-pass-your-driving-test/"> <br /><br /> (Read More...)</a>]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;">If you are getting ready to get your first driver&#8217;s license, then you know that you have to take a driver&#8217;s test. These tests can be stressful if you let it. There are tips that will make you pass your driver&#8217;s test easily. These tips are actually fail safe and very simple. They are not magic bullets. They are only logical pointers that you must follow if you are trying to get your first driver&#8217;s license. With these tips, you will feel a lot more comfortable with taking your driving test.</p>
<p style="text-align: justify;">
One thing that you want to make sure that you do before taking your driving test is to study your dmv guide. This guide will have a lot of valuable information that you will need. It is important to know that there are multiple types of tests. There is the written test and the actual driving test. Of course you want to master both aspects of learning how to drive before you attempt to take the tests. It is also important to get some practice under the guidance of an experience driver. There are a lot of aspects of driving that you will be tested on, especially parallel parking.</p>
<p style="text-align: justify;">It is very important that you get as comfortable as you can with driving before you take the test. One little mistake and then you will fail the driving portion of your test. Your parent guardian or experienced driver will be able to teach you some of the more complicated aspects of driving that you will be tested on. Once you learn enough about driving, you will feel confident about passing the test. This will take away most of the nervousness that comes with taking the driver&#8217;s test. As you may know, nervousness actually increases the chance of failing the test.</p>
<p style="text-align: justify;">The Driving tests can be the most stressful aspect of getting your driver&#8217;s license. However, much of the stress can be relieved with adequate studying and preparation. If you practice on the road enough, you will have enough comfort in your skills as a driver. You will not merely pass the driver&#8217;s test. You will actually ace your test. Your confidence levels will be influenced by how well you do on your test. If you do great on your test, you will have higher confidence levels which will translate into your actual driving experience.</p>
<p style="text-align: justify;"><span style="font-size: small;"><span class="Apple-style-span" style="line-height: normal;"><br />
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		<title>How to Have a Great Honeymoon in Tahiti</title>
		<link>http://www.soloden.com/2011/10/11/how-to-have-a-great-honeymoon-in-tahiti/</link>
		<comments>http://www.soloden.com/2011/10/11/how-to-have-a-great-honeymoon-in-tahiti/#comments</comments>
		<pubDate>Tue, 11 Oct 2011 23:05:21 +0000</pubDate>
		<dc:creator>Taecyon</dc:creator>
				<category><![CDATA[Vacation]]></category>
		<category><![CDATA[honeymoon]]></category>
		<category><![CDATA[relax]]></category>
		<category><![CDATA[tahiti]]></category>

		<guid isPermaLink="false">http://www.soloden.com/?p=14</guid>
		<description><![CDATA[A popular piece of advice given to newlyweds regarding their honeymoon is to keep the trip simple. Don&#8217;t try to overplan or schedule too many things in a day, because you&#8217;ll end up returning from your honeymoon more stressed than you left. Tahiti is a wonderful place to have a simple yet wonderful honeymoon. Its<a href="http://www.soloden.com/2011/10/11/how-to-have-a-great-honeymoon-in-tahiti/"> <br /><br /> (Read More...)</a>]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;"><img class="aligncenter size-full wp-image-20" title="h-moorea" src="http://www.soloden.com/wp-content/uploads/2011/10/h-moorea.jpg" alt="" width="550" height="370" /></p>
<p style="text-align: justify;">A popular piece of advice given to newlyweds regarding their honeymoon is to keep the trip simple. Don&#8217;t try to overplan or schedule too many things in a day, because you&#8217;ll end up returning from your honeymoon more stressed than you left.</p>
<p style="text-align: justify;">Tahiti is a wonderful place to have a simple yet wonderful honeymoon. Its gorgeous crystal blue waters and famous black sand beaches will lull you into a sense of deep relaxation. Here are a few tips to get the most out of your honeymoon in Tahiti.</p>
<p style="text-align: justify;">1. Schedule in some romance. Whether you&#8217;re staying in a fancy hotel or bungalow on stilts over the beach, be sure to set aside time for a romantic candlelit dinner, complete with fruity cocktails with umbrellas in them. Consider dining alone in your room to ensure lots of &#8220;alone time&#8221; to be close to each other and simply enjoy each other&#8217;s company.</p>
<p style="text-align: justify;">2. Discuss side trips before you leave. Don&#8217;t surprise your new spouse with your desire to go on a long hike up a volcano, because he or she may have been planning a lazy time laying on the beach for the duration of your trip. Do some internet research ahead of time, browse guidebooks and discuss the options. Tahiti boasts many tourist attractions such as otea dancers and rugby games, as well as more strenuous options such as swimming and hiking.</p>
<p style="text-align: justify;">3. Pack intelligently. Tahiti has gorgeous weather most of the year, but between November and April is the wet season, so you&#8217;ll want to bring a raincoat, slicker or other rain gear to protect yourself against sudden storms. Likewise, if you plan to hike or swim, be sure to bring boots or a swim suit. While there are of course places to purchase these items in Tahiti, it is simpler and less expensive to bring the items with you. And don&#8217;t forget sunscreen and more personal items as well, as your preferred items may not be available there.</p>
<p style="text-align: justify;">4. Study up on your French. Tahitians often speak French as a second language so knowing a few words can greatly assist in ordering food, shopping or talking to tour guides. Plus, it&#8217;s the language of love, and whispering a few sweet nothings in your new spouse&#8217;s ear can&#8217;t hurt.</p>
<p style="text-align: justify;">Having a great honeymoon in Tahiti is simple if you follow these steps. Just remember to relax and love each other.</p>
<p style="text-align: justify;"><a href="http://www.soloden.com/wp-content/uploads/2011/10/signed-i-love-you-hearts.gif"><img class="aligncenter size-full wp-image-23" title="signed-i-love-you-hearts" src="http://www.soloden.com/wp-content/uploads/2011/10/signed-i-love-you-hearts.gif" alt="" width="310" height="250" /></a></p>
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		<title>GMAT Classes</title>
		<link>http://www.soloden.com/2011/09/25/gmat-classes/</link>
		<comments>http://www.soloden.com/2011/09/25/gmat-classes/#comments</comments>
		<pubDate>Sun, 25 Sep 2011 15:04:52 +0000</pubDate>
		<dc:creator>Taecyon</dc:creator>
				<category><![CDATA[GMAT]]></category>
		<category><![CDATA[course]]></category>
		<category><![CDATA[gmat]]></category>
		<category><![CDATA[gmat pill]]></category>
		<category><![CDATA[manhattan gmat]]></category>

		<guid isPermaLink="false">http://www.soloden.com/?p=12</guid>
		<description><![CDATA[For many students trying to get into a business Masters&#8217; degree program, the Graduate Management Admission Test, most commonly referred to as the GMAT, is a vital part in achieving success. Is taking a GMAT prep course a necessity for getting an excellent score, and if so, why? In order to better prepare yourself for<a href="http://www.soloden.com/2011/09/25/gmat-classes/"> <br /><br /> (Read More...)</a>]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;"><img class="aligncenter size-full wp-image-26" title="gmat-study-material" src="http://www.soloden.com/wp-content/uploads/2011/09/gmat-study-material.jpg" alt="" width="330" height="300" /></p>
<p style="text-align: justify;">For many students trying to get into a business Masters&#8217; degree program, the Graduate Management Admission Test, most commonly referred to as the GMAT, is a vital part in achieving success. Is taking a <a href="http://www.veritasprep.com/gmat/">GMAT prep</a> course a necessity for getting an excellent score, and if so, why? In order to better prepare yourself for the GMAT it goes without saying it is a smart and responsible idea to invest your time into taking a GMAT prep class. This course will prepare you for the test and give you the added confidence, and peace of mind, to do your very best.</p>
<p style="text-align: justify;"><strong>Veritas Prep</strong>, known primarily for their elite test preparation, is a program that gives you the tools you need to pass the GMAT. As their policy, they only hire teachers who have, not only mastered the GMAT but have also, mastered the technique of teaching others to do the same. At Veritas Prep you have to option of taking a prep course in person, in a classroom setting or, even, one on one, or live online. Having these options allow you to decide and choose the method that is right for you and your learning style.</p>
<p style="text-align: justify;"><strong>Manhattan GMAT</strong> is another GMAT preparation program that provides you with the excellent tools to make your testing experience positive and successful. They often provide students with significant discounts for taking their prep courses and guarantee you will be satisfied with what they have to offer. They claim to have unique and revolutionary teaching techniques and keep the focus on only the materials you need to succeed in getting an excellent grade on the GMAT.</p>
<p style="text-align: justify;">The <strong>GMAT Pill</strong> method is another option to consider when preparing for the GMAT. It is an online based program that will give you the information and skills you need to take and conquer the GMAT in only one month. In addition, this program also gives you 24 hour access to learning video and lectures, allowing you control and flexibility, while helping you stay focused on your career and academic goals.</p>
<p style="text-align: justify;">With the opportunities we have discussed, and many more out there like these, taking advantage to prep courses is more than something to consider. With extensive preparation, and the knowledge you can gain from this intense process, you will be ready for anything the GMAT, and life, throws your way.</p>
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		<title>Earn More Income On The Side</title>
		<link>http://www.soloden.com/2011/08/19/earn-more-income-on-the-side/</link>
		<comments>http://www.soloden.com/2011/08/19/earn-more-income-on-the-side/#comments</comments>
		<pubDate>Fri, 19 Aug 2011 20:04:24 +0000</pubDate>
		<dc:creator>Taecyon</dc:creator>
				<category><![CDATA[Tips]]></category>
		<category><![CDATA[blogging]]></category>
		<category><![CDATA[earn money]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[freelance]]></category>
		<category><![CDATA[writing]]></category>

		<guid isPermaLink="false">http://www.soloden.com/?p=10</guid>
		<description><![CDATA[Some families are struggling to make ends meet as it is. They have to deal with high gas prices, groceries, day care, rent, utility bills and still save for rainy days. If the family is single parented, then it can become impossible for one to manage if the income they receive does not increase. There<a href="http://www.soloden.com/2011/08/19/earn-more-income-on-the-side/"> <br /><br /> (Read More...)</a>]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;">Some families are struggling to make ends meet as it is. They have to deal with high gas prices, groceries, day care, rent, utility bills and still save for rainy days. If the family is single parented, then it can become impossible for one to manage if the income they receive does not increase. There are plenty of opportunities out there that one can sign up for to get extra income. Having a second source of income can help one pay off their existing debt, save more for their kids’ college tuition, one can get experience that they can use in another career.</p>
<p style="text-align: justify;">Freelance writing, typing and proofreading are excellent sources of extra income for those who either stay home or who have schedules that allow them to work a second job. There are plenty of content mills out there that make it possible for an individual to make extra income from the comfort of their own home. One is able to decide how much they will make based on the hours they put in.</p>
<p style="text-align: justify;">Becoming a consultant in an area where one is experienced is a good way to make extra income. Making a suggestion, recommendations and managing a process can all be appreciated by companies that specialize in a trade. One can also make money doing what they love- photography, lawn mowing and selling cosmetics are profitable ventures that can improve one’s financial life.</p>
<p style="text-align: justify;">One can also make money through blogging about issues that they feel strongly about. If one wants to do it long term, they can open a website and have clients look for them instead of them searching for jobs.</p>
<p style="text-align: justify;">The economy is tough so one can sell items that they do not need such as books, old jewelry, old movies and games. One can sell these items on eBay or music CD’s to a music store. Bulky items are best sold through various online marketplaces and planning a garage sale to sell items is the quickest way to make money.  You can even advertise your items online for people when they search &#8220;<a href="http://zaarly.com/m/new-york-city/sofa-couch">sofa couch new york city</a>.&#8221; There is always a market out there that is willing to use services or items that one does not need.</p>
<p style="text-align: justify;"><a href="http://www.soloden.com/wp-content/uploads/2011/08/Quick-Ways-to-Make-Money.jpg"><img class="aligncenter size-full wp-image-32" title="Quick-Ways-to-Make-Money" src="http://www.soloden.com/wp-content/uploads/2011/08/Quick-Ways-to-Make-Money.jpg" alt="" width="600" height="316" /></a></p>
<p style="text-align: justify;">
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		<title>Changing Your Phone Service</title>
		<link>http://www.soloden.com/2011/07/12/changing-your-phone-service/</link>
		<comments>http://www.soloden.com/2011/07/12/changing-your-phone-service/#comments</comments>
		<pubDate>Tue, 12 Jul 2011 08:03:46 +0000</pubDate>
		<dc:creator>Taecyon</dc:creator>
				<category><![CDATA[Tips]]></category>
		<category><![CDATA[cell phone]]></category>
		<category><![CDATA[mobile phone]]></category>
		<category><![CDATA[phone plan]]></category>

		<guid isPermaLink="false">http://www.soloden.com/?p=8</guid>
		<description><![CDATA[Buying a cell phone can be tricky nowadays as there are so many things to look out for. There are many reasons that a cell phone consumer may change cell providers. These reasons include but definitely aren&#8217;t limited to: the consumer is going to choose a plan good for him or her and the cell<a href="http://www.soloden.com/2011/07/12/changing-your-phone-service/"> <br /><br /> (Read More...)</a>]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;">
<p style="text-align: justify;">
<p style="text-align: justify;"><a href="http://www.soloden.com/wp-content/uploads/2011/07/1_123125_2134390_2135170_2138875_060415_undecon_phoneplanstn.jpg"><img class="aligncenter size-full wp-image-36" title="1_123125_2134390_2135170_2138875_060415_undecon_phoneplanstn" src="http://www.soloden.com/wp-content/uploads/2011/07/1_123125_2134390_2135170_2138875_060415_undecon_phoneplanstn.jpg" alt="" width="205" height="236" /></a></p>
<p style="text-align: justify;">Buying a cell phone can be tricky nowadays as there are so many things to look out for. There are many reasons that a cell phone consumer may change cell providers. These reasons include but definitely aren&#8217;t limited to: the consumer is going to choose a plan good for him or her and the cell phone consumer is going to choose a cell phone good for him or her. The consumer should know and understand the capabilities of a phone and the phone&#8217;s plan before buying a cell phone!</p>
<p style="text-align: justify;">The cell phone consumer is going to choose a cell phone plan good for him or her; which means the plan&#8217;s monthly payment has to be within budget for the the consumer. This also means that the plan has to allow the consumer to make his or her necessary calls, texts, emails, etc. This means the consumer wants a cell phone that is mostly in range of a cell phone range as thats key to getting good reception. The consumer has to take into consideration his or her needs for a cell phone phone before buying one or it result in changing the cell phone plan.</p>
<p style="text-align: justify;">When buying buying a cell phone, the consumer has several factors to consider. Sometimes, consumers want a specific type phone but it should be particular for the consumer&#8217;s needs for the phone. Somephones come with extremely advanced options whereas others are more basic. Some consumers still need their phone for just phone calls wheras some consumer rely on their phones for more such as: checking emails, surfering the web, sending text messages, using the GPS system, etc.</p>
<p style="text-align: justify;">In conclusion, it is worth it to get a good cell phone and a good cell phone plan, so you don&#8217;t have to switch to a differen cell phone or a different cell phone plan. There are many reasons that a person ends up switching plans as listed in this article.</p>
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		<title>Biodegradable Products</title>
		<link>http://www.soloden.com/2011/06/07/biodegradable-products/</link>
		<comments>http://www.soloden.com/2011/06/07/biodegradable-products/#comments</comments>
		<pubDate>Tue, 07 Jun 2011 23:02:56 +0000</pubDate>
		<dc:creator>Taecyon</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[biodegradeable]]></category>
		<category><![CDATA[environment]]></category>
		<category><![CDATA[recycle]]></category>

		<guid isPermaLink="false">http://www.soloden.com/?p=6</guid>
		<description><![CDATA[As the economy, pollution, and products which are harming the environment has become a hot topic as of late, many large companies and retailers are turning to the use of biodegradable materials, in order to make products that are not as harmful to the environment, and still provide the same beneficial use to the end<a href="http://www.soloden.com/2011/06/07/biodegradable-products/"> <br /><br /> (Read More...)</a>]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;"><a href="http://www.soloden.com/wp-content/uploads/2011/06/logo-biodegradable1.png"><img class="aligncenter size-full wp-image-48" title="logo-biodegradable" src="http://www.soloden.com/wp-content/uploads/2011/06/logo-biodegradable1.png" alt="" width="169" height="200" /></a></p>
<p style="text-align: justify;">As the economy, pollution, and products which are harming the environment has become a hot topic as of late, many large companies and retailers are turning to the use of biodegradable materials, in order to make products that are not as harmful to the environment, and still provide the same beneficial use to the end consumer. These reusable products are far more eco- friendly, and are still going to offer the beneficial use to the end consumer that they are looking to get from the product. Products that are made of biodegradable material go through a natural decay process and merger with the soil, once its useful life is completed, and when it will finally be thrown out as waste material.</p>
<p style="text-align: justify;">These Biodegradable Products, include disposable plates and cups, food storage containers, serving dishes, and similar lines of products. All of them have the ability to improve the capacity of the soil and retain water, which in turn causes less soil erosion to occur. Additionally a landfill that has several products that are of biodegradable material emit less pollution and noxious gases into the environment, which can be extremely harmful to the environment as well as to the general public, due to the lesser emissions of methane in the biodegradable material that was used in the production of these products.</p>
<p style="text-align: justify;">Products that are made of biodegradable material address the problems with landfill waste, especially since the amount of waste has been increasing in landfills over the past few years. The use of products that are created with biodegradable material will help to offset the harmful pollution that is caused by waste in landfills, and helps aid in eliminating portions of the pollutants that the waste in landfills lets off. So, ensuring that these products are in landfills will not only keep the environment cleaner, but is also beneficial to the general public who lives nearby or works close to these landfills.</p>
<p style="text-align: justify;">There are many Biodegradable Products that can be purchased, including: disposable dinnerware, boxes, and reusable products that are made in a similar manner as these disposables. These products, prior to being sold to the general public, do undergo lab testing, ensuring they are not harmful to those using them, or to the environment. Due to the shift in a &#8220;greener&#8221; environment, many companies are producing these products, and more and more consumers are requesting that they be sold in the marketplace.<br />
<a href="http://www.soloden.com/wp-content/uploads/2011/06/environment2.jpg"><img class="size-medium wp-image-46 aligncenter" title="environment" src="http://www.soloden.com/wp-content/uploads/2011/06/environment2-276x300.jpg" alt="" width="276" height="300" /></a></p>
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		<item>
		<title>How to Spot Good Penny Stocks and Avoid Bad Penny Stocks</title>
		<link>http://www.soloden.com/2011/05/31/how-to-spot-good-penny-stocks-and-avoid-bad-penny-stocks/</link>
		<comments>http://www.soloden.com/2011/05/31/how-to-spot-good-penny-stocks-and-avoid-bad-penny-stocks/#comments</comments>
		<pubDate>Tue, 31 May 2011 18:06:15 +0000</pubDate>
		<dc:creator>Taecyon</dc:creator>
				<category><![CDATA[Tips]]></category>
		<category><![CDATA[penny stocks]]></category>
		<category><![CDATA[stocks]]></category>

		<guid isPermaLink="false">http://www.soloden.com/?p=16</guid>
		<description><![CDATA[When it comes to the stock market, most individuals tend to think of hundred dollar stock options with thousands of dollars sold, with each and every trade. Although this is true for many stocks, there is something called &#8220;Penny Stocks,&#8221; which is slightly different. Penny stocks are for smaller companies, many of which have not<a href="http://www.soloden.com/2011/05/31/how-to-spot-good-penny-stocks-and-avoid-bad-penny-stocks/"> <br /><br /> (Read More...)</a>]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;"><a href="http://www.soloden.com/wp-content/uploads/2011/05/Penny-Stocks-are-Worth-Investing-a.jpg"><img class="aligncenter size-full wp-image-51" title="Penny-Stocks-are-Worth-Investing-a" src="http://www.soloden.com/wp-content/uploads/2011/05/Penny-Stocks-are-Worth-Investing-a.jpg" alt="" width="400" height="265" /></a></p>
<p style="text-align: justify;">When it comes to the stock market, most individuals tend to think of hundred dollar stock options with thousands of dollars sold, with each and every trade. Although this is true for many stocks, there is something called &#8220;Penny Stocks,&#8221; which is slightly different. Penny stocks are for smaller companies, many of which have not yet been discovered by other investors. Many companies go live on the stock market and accept penny stock trading in order to raise capital for the company as a potential investment opportunity. With penny stocks, it is possible to make a great deal of money, if you are able to select a good company, because if the stock suddenly takes off, your simple investment of only a few dollars (or perhaps, a few hundred dollars) may tun into tens of thousands rather quickly. You just need to know what penny stocks are good and how to go about finding them.</p>
<ul style="text-align: justify;">
<li><strong>Research</strong></li>
</ul>
<p style="text-align: justify;">Like all other stocks on the market, it is important to research the stocks. You don&#8217;t want to just dump your money into a random penny stock and assume it is risk free. Like any other stock, it is possible to lose all your money, and because these companies are so small and unheard of, many penny stock companies go belly up, before ever making any money at all. The smaller companies are harder to perform solid research on, as they have not been around for long and most Internet searches bring up little to no hits. However, visit the company website, see what the company has to offer, what their business plan is and what they intend to do. If the company is creating a product that is a necessity for many individuals, chances are the company may become rather popular, in months or years to come, making investing in the stock extremely valuable.</p>
<ul style="text-align: justify;">
<li><strong>Buy at the Right Time</strong></li>
</ul>
<p style="text-align: justify;">When purchasing a stock, one of the most important aspects is knowing when exactly to buy. This holds true for penny stocks. It is better to know when to buy, then to buy randomly. Wait until you know there is a new product coming from the company, or that the company is making a large announcement soon. This often results in an increase in value. When you know such an event is going to take place, it is best to buy the stocks then.</p>
<p style="text-align: justify;">
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