Money Management Professionals Defined

Money Management Professionals

If you watch evening TV for more than an hour, you will see an advertisement for a money management consultant.  Obviously, these ads focus on planning for retirement and other major life events.  As a result, they discuss college, illness, changing marital status and natural disasters.  So, what is the definition of how a Money Management Professional? defines a money management professional as  someone “ …..  who is paid to provide investment advice and management to their clients at a flat fee or % of assets they manage.”   Generally, the professional is an individual contractor or an employee of an investment firm.   However, it is important that a financial advisor be a fiduciary. A fiduciary is a money manager who can buy and sell through your account with consent.  In addition, the fiduciary works solely for the investor.  Of course, there are pros and cons to have any financial advisor.


  • They help with complex financial situations
  • Money managers constantly monitor funds for the best return
  • They Invest through an overall investment plan
  • The professional is familiar with trends and prices


  • There is always a fee for service.
  • The investor does not control of investment decisions.
  • Investment is always a risk

Types of Money Management Advisors

Customer Service Rep.

This professional works for a bank or other financial business.  As a result, they offer advice on money management professionals make money for youone time transactions like opening a checking account or securing a loan.  Although, their advice is free, they limited it to their area of responsibility.


A banker can advise and access several different kinds of investment accounts including IRAs, Guaranteed Income Certificates and Government bonds.  Although there is no cost for a bankers services, they can only offer their banks investment products.

Mutual Fund Broker

These people work for a mutual fund group.  In fact, they deal only in mutual funds.  Their services are free.  Usually, the group builds a fee for service into the cost of your mutual fund purchase.

Stock Broker

This person helps identify and buy stocks, bonds and mutual funds.  Because they are registered employees of brokerage firms, they earn commissions on the financial products they sell.

Investment Advisor

These people administer  investment portfolios.  They work for a company registered to administer portfolios.   So, the company usually charges a flat rate for each transaction.  All of their clients are able to invest at least $250,00.

Financial Planner

This person advises on invests, saving strategies, retire funds or any other kind of financial matter that affects someone’s finances.  Fortunately, the state licenses these planners.  However, financial planners have independent fee structures for the overall services that they provided.

You Must Earn Money to Manage Money

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Passive Income, Easy Income, Steady Income

Passive income is money earned from work that is already done.  Many people think “Passive Income Easy Incomes Steady Income” because there is no need for constant work.  But choosing the right passive income generator leads to success.

passive income is money earned on work already done

Passive Income Generators – pros & cons

Stocks and Bonds

Stocks and Bonds are a great source of passive income.  You are basically lending money to the company providing the stock or bond to do their business.  So, this is called investing.  If the business does well, the investor can make money.  But, if the business does poorly, the investor can loose money.  Because, there are hundreds of different stocks and bonds available, reputable companies assist in understanding and investing in these passive income tools.


  1. You can buy lots of stocks and bonds.
  2. You can hire companies to help make passive income.
  3. You can easily track your income.
  4. You can use passive income earned for any purpose.


    1. Usually, you will need large amounts of money to make good passive income.
    2. You may not understand stocks and bonds.

Passive income is money earned from work that is already done

  1. The companies who help people understand stocks and bonds charge fees.
  2. You cannot control the amount of income made or lost by a stock or bond.  i
  3. It can take a long time to earn passive income.
  4. You can loose income very quickly.

Angel Investing

Angel investing is lending a small, start-up company money to help them build business. angel investment is passive income This is a new idea.  The companies are not in the stock market.  Because invested money helps the company take off, investors are angels for help these start-ups.


  1. You can invest any amount of money.
  2. If the company grows, the passive income can be huge.
  3. Investor’s often help with decisions in these small companies


  1. The risk is high because the companies are new.
  2. You may have difficulty know which companies to help.
  3. You may have to wait a very long time before any passive income is made.

The Question Remains – Is Passive Income, Easy Income, Steady Income?

Direct Online Sales


Direct online sales involve selling a product or service directly from a website.  Because all sales are online, the buyer finds the product or service and purchases from the website.  However, there are several different types of direct online sales programs.  Multi level marketing is one method of direct sales.  Any subscription plan for a service offered onlines is direct online sales.  Websites that sell specific products are also examples.


  1. Customers buy at the website 24 hours a day.
  2. You can easily add new products and services to the website.
  3. You can easily track the business to make changes as necessary.


  1. You will probably need help to develop the website.
  2. You will have to continuously direct customers to the website.
  3. You will need inventory.
  4. A system for receiving payments and making refunds is necessary.
  5. You will have to ship products.
  6. Site security and reliability are often an issue


Affiliate Marketing

affiliate marketing is a type of direct online sales
Affiliate marketing is selling products for companies on line for a commission.  Adds run on sites like Google, Yahoo, Paltalk, are all affiliate marketing.



  1. The is no inventory.
  2. No payments are made to the website.
  3. Products and services that can be offered are unlimited.
  4. Anyone with a website can do it.
  5. There is no shipment of products.
  6. Products can be targeted to a specific audience.
  7. Products can easily be added.
  8. There is very little cash outlay because there is no inventory or shipping.
  9. Website security can be guaranteed.
  10. Business is easily  tracked.


  1. A website is needed.
  2. Help is probably need to develop the website.

They all provide passive income, easy income, steady income.

But, some of these methods are risky.  Some take a long time to make money.  Some are hard to understand and require professional help for success.  Affiliate marketing seems to be the least risky and the least expensive.  Its used by major online companies and is available to the average person right now.

Wealthy Affiliate makes it easy for you to create a website on anything that interests you and earn commission as an affiliate of hundreds of companies.

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Make Money Like Google Makes Money

How Can You Make Money Like Google?

animated-money-image-0051Would you like to make money like Google makes money?

Everyone knows what “Google it” means.  Everyone has a question for Google. Everyone sees the ads that run on the Google.  Although estimating the net worth of the company is difficult because of the many streams, the present value is almost $3,000,000,000. according to a number of sources.

In 2004, the company was had an estimated value of animated-money-image-0116$150,000,000.  There’s been a lot of growth in 14 years.  No one found a pot of gold at the end of the rainbow.  Google had a great business plan.  You can use that plan!!

Every time you see an ad on Google, you are seeing a company for which Google  is an “affiliate”.  This means that Google advertises products and services for that companies and is paid for running those ads and selling products.

This is Affiliate Marketing.

Anyone who has a website can use Affiliate Marketing to earn commissions from the 3.5 billion people on the internet.

You Need a Good, Easy Program to Learn Affiliate Marketing Quickly.

Here’s an overview of the just the program for you.

  • Use the FREE starter program to see if affiliate marketing is for you.
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  • Learn how to create passive income while being your own boss.


Like anything thing, learning to create a website and to be an affiliate marketer takes work.  But you can have your website, on any subject, on the internet in one day.  Then you can work on your site to create your passive income stream.



Taking the FREE VIDEO CLASSES and creating your FREE WEBSITE will be an experiment.  If affiliate marketing isn’t for you, nothing ventured nothing gained. But, when it works for you, you will wish you had heard about the program sooner.  You have nothing to loose and everything to gain.



Take a moment to leave a comment or share you thoughts on affiliate marketing.

Buy Bitcoin Build a Fortune

Buy Bitcoin!  Good advice that brings up two obvious questions. “What is Bitcoin?” and  “Where can I buy bitcoins?”

What is Bitcoin?

Bitcoin is a type of crypto currency.  animated-money-image-0015href=””>Cryptocurrency is digital currency that can be acquired online, used as payment online and converted into traditional currency.  The value of Bitcoin goes up and down much like gold or silver.  Value depends on how many people are buying at what price. People buy and sell fractions or pieces of a Bitcoin.  For as little as $10, you can buy Bitcoin and begin building a fortune.

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Wealthy Affiliate University – Great Income Potential

Business for Home, a site for home business owners, says that a home business starts in the U.S. every 12 seconds.   Home business income is about 427 billion yearly.  Because 4 billion people use the internet, 80% is from online income.  So, Wealthy Affiliate helps you get your part of that online income.

WA provides:

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