Are we here at myLot because of the bad economy? / myLot

June 28, 2010 7:40am CST

I wonder, are we here at myLot as a result of the bad economy? Since the global crisis hit us, our business wasn't doing good. And I get so scared when I hear that NASDAQ and DOW Jones are up and the Stock Exchange is doing good... while our sales are still bad. I wonder, is it just us who have not yet recovered from the crisis? Or are there still a silent majority who are also suffering but opt to be mum about it and rather find ways to cope up with it. And coping up would be earning a few cents now and hoping to make it big tomorrow, to compensate with the bad economy. I wonder, if the economy is just good, would these few-cents-earning online businesses, PTC, PTP and more would have this much traffic?

3 responses

ARC IDEA CO

@arcideaco (1257)

• Singapore

28 Jun 10

I think online business are generally affected by the economy as more will look for more income when stock markets are generally bad. But I would incline to believe that most here are not a fellow investors in equities. Online earning has been getting more and more popular due to standard of living and it will continue to grow when more knows how to go about doing it. I personally felt writing is the best way to earn as most sites that offers such opportunities are legit and the business model is believable and holds water. Dow has recovered somewhat before meeting with the Greece debt crisis and is still on the road to recovery. We are expected to see a few more good years ahead from this recovery. But over heating and bubble needs to be controlled to prevent another subprime woes. Many are already earning a sizable income online. Personally I feel that 200 or 300 is attainable target. Cheers.

pinikjuse4

@pinikjuse4 (141)

•

28 Jun 10

Hi thanks for the info, would you know of legit sites that are offering writing jobs at a good rate. Thanks?

pinikjuse4

@pinikjuse4 (141)

•

28 Jun 10

NOt thanks? It's, thanks! :)

5h1n164m1

@5h1n164m1 (111)