Can you make accurate predictions?
Are you good at forecasting election results or the price of gold?
Then predictive sites are for you. Introduced by the Chicago Board Options Exchange in 2008, binary options are financial contracts that let you earn money by predicting the rise or fall of financial assets. You can buy them at binary option brokers.
The website Intrade is another twist in prediction-making. You can predict hundreds of events -- such as presidential election results or Academy Award winners -- by buying shares if you think the event will happen or selling shares if you think it won't happen. If your prediction is accurate, you make money. If it isn't, you lose money.
"Some power users buy thousands of shares at a time," says Carl Wolfenden, exchange operations manager at Dublin-based Intrade.com. "Others put $50 down and hold their shares. It's a lot of fun."
You should be warned that you can lose your entire investment, Wolfenden says. On the winning side, your money-making potential is unlimited.
Take an online survey
Put your money where your mouth is by giving advertisers your opinions.
To find a job, head to websites such as MindFieldOnline.com, GlobalTestMarket.com or ZoomPanel.com, Mooradian says. They offer points and rewards for taking wide-ranging opinion surveys.
Another site, eJury.com, will pay you for being part of online mock juries, Mooradian says. EJurors are paid $5 to $10 per verdict.
The attorney prepares the case submission, which consists of facts from the perspective of each party. EJury converts the attorney's case submission into an HTML format and posts it to a secure location on the website where only eJurors can access the case. EJurors review the facts of the case and answer questions, each clicking a "submit verdict" button upon completion.
But don't expect big paydays. "Surveys are good for making pocket change," Mooradian says. "Payouts are only pennies to a few dollars per survey."
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