Tuesday, March 26, 2013

The Critical Element For Making Money By Blogging Is Coming Up With A Key Idea


The critical element for making money by blogging is coming up with a key idea for a topic. This is the same problem that all writers have. Ideas can be many and varied, but what will you write about today is the key issue, when it comes to writing a blog.
Some bloggers get around this problem by inviting other people to write on their blog. This is a great idea, especially once your blog has become established and you are attracting many readers. Guest bloggers can help provide more quality and depth and interest for your blog. However, when you are starting a blog, not too many people are going to be queuing up to be a guest blogger. It is a different matter if you have a blog that is attracting fifty thousand readers a day.

Topics are easy to find. There is so much to blog about. What is critical when it comes to writing your blog is your interest in the topic about which you are writing.  You can write about anything. The more interest you have will mean the more passion and depth of expression will be evident in your blog for the day. People will pick this up and they will know they can only learn from you.
You can create a blog about a particular genre of music or poetry and concentrate on that. Or you can blog about international affairs and have a wide ranging blog that covers all things to do with most things in the world of politics and governmental bodies such as UNESCO or WHO, and virtually everything that affects our daily lives. Wide ranging blogs really require access to services that are breaking news and more than one person is needed to continually monitor the world’s news. Also you would need to be a polymath yourself to comment on everything. Even then, there is a need for specialization of the blog to meet the needs of people within a certain geographical region.
This is evident in one economist’s blog I read, they cover many topics. However, these topics tend to be covered, firstly. from an economic perspective, and, secondly, from a local perspective from the host of the blog. Different perspectives are introduced to the blog by guest contributors who also provide varying points of view. Nonetheless, it is obvious that the blog is an economist’s blog and the state of the economy and economic theory is the prime concern.
When choosing to blog, it is important then that there be a concentration of particular subjects on which you have an interest and are conversant. The more interest and the greater the passion, the more appeal the blog is likely to have to like-minded people.  This means you will be able to monetize your blog and make some money.

There are different ways for YOU to MAKE money from blogging. You can make use of adsense. You can use affiliate-marketing strategies. You can promote your own products. You can be part of a blogging community that provides education to help improve your own blogging, marketing strategies and copywriting and be an active participant in the self-improvement program.
Those are only some of the ways that you can make money from blogging. There are other ways, too, once you become famous and are sought after by fortune five hundred companies to advertise their products…but first things first.

Saturday, March 23, 2013

The 5 ways to make money that Are The Secrets Of The Rich



The 5  ways to make money that are the secrets of the rich are too simple that most people think there has to be some mystery to becoming rich.

1.    Beg 
Begging is said to be only for losers. Some people make a very good living from begging. Beggars are people who ask you for money without giving you anything in exchange. The provide no labor, no services nor goods to benefit you. Beggars might be begging for themselves or for some charity. Whichever way you look at it, they are not providing you with any value, but make money from your generosity.

2.    Work
We can call work any form of employment that provides labor or a service that is a benefit for the common good. Many people are employed in occupations that are provided indirect services to society in general and do not necessarily labor to provide food, clothing or shelter, which are the basics for survival.  By providing something of value, a person is able to make money.
         
3.    Trade
This is how entrepreneurs make their money. Whenever a person buys goods with the intention of making a profit, risk is involved. The less risk the better. Successful entrepreneurs make more money than most people. When a person assumes risk there is always the possibility of loss. Successful risk-takers make more money because they have learnt how to limit their risks.

4.    Save
Unless people learn how to save then they are unable to position themselves to make any money. Every entrepreneur saves. Saving can have risks because putting money under the bed can be stolen or lost in fire and floods. Placing money in the hands of bankers has its own risks, but in countries with stable governments, where there is government bank guarantees, the risk is less than saving money and hiding it under the mattress. Bank deposits bear interest and this is a way to make money.

5.    Invest
This is where money can change your fortunes for the better. Investing money in a lottery is not quite the same as investing money in a business or buying shares or artifacts or property. Investments all have their own risks, but the wealthiest people in the world invest their money to make money.

When you consider most people are too proud to beg and too scared to take risks, this is why there are few people who actually make large sums of money. There is an economic pyramid that exists and the only way you can climb it is to get out of the rat-race and find out how to climb the pyramid from the outside. This will mean saving money and investing your funds in a business venture like buying and selling something online or on the street.

To make money online you can buy and sell shares, options, indices, commodities, instruments, equipment, cars, real estate, or other artifacts such as coins, gold, jewelry, stamps, paintings, etc and personal services. You can do this also the conventional way. Whichever way you choose you will still need some money that will need to have been saved, or set apart, for the purposes of being invested.

5 Other Ways You Can Obtain Money
You can obtain money in other ways besides saving. You could win (easy come, easy go), find (give it back), steal (jail for the untrustworthy), inherit (stays in the family), or borrow money (interest payments).  How you obtain money and what you do with it, will determine your future?

Human capital is true capital.

Tuesday, March 19, 2013

Top 10 Rules For Successful Trading



Most people who are interested in learning how to become profitable traders need only spend a few minutes online before reading such phrases as "plan your trade; trade your plan" and "keep your losses to a minimum." For new traders, these tidbits of information can seem more like a distraction than any actionable advice. New traders often just want to know how to set up their charts so they can hurry up and make money.

 To be successful in trading, however, one needs to understand the importance of and adhere to a set of rules that have guided all types of traders, with a variety of trading account sizes. Each rule alone is important, but when they work together the effects are strong. Trading with these rules can greatly increase the odds of succeeding in the markets.

Rule No.1: Always Use a Trading Plan
A trading plan is a written set of rules that specifies a trader's entry, exit and money management criteria. Using a trading plan allows traders to do this, although it is a time consuming endeavor.

 With today's technology, it is easy to test a trading idea before risking real money. Backtesting, applying trading ideas to historical data, allows traders to determine if a trading plan is viable, and also shows the expectancy of the plan's logic. Once a plan has been developed and backtesting shows good results, the plan can be used in real trading. The key here is to stick to the plan. Taking trades outside of the trading plan, even if they turn out to be winners, is considered poor trading and destroys any expectancy the plan may have had. (Learn more about backtesting in Backtesting: Interpreting the Past.)

Rule No.2: Treat Trading Like a Business
In order to be successful, one must approach trading as a full- or part-time business - not as a hobby or a job. As a hobby, where no real commitment to learning is made, trading can be very expensive. As a job it can be frustrating since there is no regular paycheck. Trading is a business, and incurs expenses, losses, taxes, uncertainty, stress and risk. As a trader, you are essentially a small business owner, and must do your research and strategize to maximize your business's potential.

Rule No.3: Use Technology to Your Advantage
Trading is a competitive business, and one can assume the person sitting on the other side of a trade is taking full advantage of technology. Charting platforms allow traders an infinite variety of methods for viewing and analyzing the markets. Backtesting an idea on historical data prior to risking any cash can save a trading account, not to mention stress and frustration. Getting market updates with smartphones allows us to monitor trades virtually anywhere. Even technology that today we take for granted, like high-speed internet connections, can greatly increase trading performance.

 Using technology to your advantage, and keeping current with available technological advances, can be fun and rewarding in trading.

Rule No.4: Protect Your Trading Capital
Saving money to fund a trading account can take a long time and much effort. It can be even more difficult (or impossible) the next time around. It is important to note that protecting your trading capital is not synonymous with not having any losing trades. All traders have losing trades; that is part of business. Protecting capital entails not taking any unnecessary risks and doing everything you can to preserve your trading business. (See Risk Management Techniques For Active Traders for more.)

Rule No.5: Become a Student of the Markets
Think of it as continuing education - traders need to remain focused on learning more each day. Since many concepts carry prerequisite knowledge, it is important to remember that understanding the markets, and all of their intricacies, is an ongoing, lifelong process.

 Hard research allows traders to learn the facts, like what the different economic reports mean. Focus and observation allow traders to gain instinct and learn the nuances; this is what helps traders understand how those economic reports affect the market they are trading. (Read about 24 different economic reports in our Economic Indicators Tutorial.)

 World politics, events, economies - even the weather - all have an impact on the markets. The market environment is dynamic. The more traders understand the past and current markets, the better prepared they will be to face the future.

Rule No.6: Risk Only What You Can Afford to Lose
In rule No.4, I mentioned that funding a trading account can be a long process. Before a trader begins using real cash, it is imperative that all of the money in the account be truly expendable. If it is not, the trader should keep saving until it is.

 It should go without saying that the money in a trading account should not be allocated for the kid's college tuition or paying the mortgage. Traders must never allow themselves to think they are simply "borrowing" money from these other important obligations. One must be prepared to lose all the money allocated to a trading account.

 Losing money is traumatic enough; it is even more so if it is capital that should have never been risked to begin with.

Rule No.7: Develop a Trading Methodology Based on Facts
Taking the time to develop a sound trading methodology is worth the effort. It may be tempting to believe in the "so easy it's like printing money" trading scams that are prevalent on the internet. But facts, not emotions or hope, should be the inspiration behind developing a trading plan.

 Traders who are not in a hurry to learn typically have an easier time sifting through all of the information available on the internet. Consider this: if you were to start a new career, more than likely you would need to study at a college or university for at least a year or two before you were qualified to even apply for a position in the new field. Expect that learning how to trade demands at least the same amount of time and factually driven research and study. (Refer to Day Trading Strategies For Beginners for a primer on picking the right strategy.)

Rule No.8: Always Use a Stop Loss
A stop loss is a predetermined amount of risk that a trader is willing to accept with each trade. The stop loss can be either a dollar amount or percentage, but either way it limits the trader's exposure during a trade. Using a stop loss can take some of the emotion out of trading, since we know that we will only lose X amount on any given trade.

 Ignoring a stop loss, even if it leads to a winning trade, is bad practice. Exiting with a stop loss, and thereby having a losing trade, is still good trading if it falls within the trading plan's rules. While the preference is to exit all trades with a profit, it is not realistic. Using a protective stop loss helps ensure that our losses and our risk are limited.

Rule No.9: Know When to Stop Trading
There are two reasons to stop trading: an ineffective trading plan, and an ineffective trader.

An ineffective trading plan shows much greater losses than anticipated in historical testing. Markets may have changed, volatility within a certain trading instrument may have lessened, or the trading plan simply is not performing as well as expected. One will benefit by remaining unemotional and businesslike. It might be time to reevaluate the trading plan and make a few changes, or to start over with a new trading plan. An unsuccessful trading plan is a problem that needs to be solved. It is not necessarily the end of the trading business.

 An ineffective trader is one who is unable to follow his or her trading plan. External stressors, poor habits and lack of physical activity can all contribute to this problem. A trader who is not in peak condition for trading should consider a break to deal with any personal problems, be it health or stress or anything else that prohibits the trader from being effective. After any difficulties and challenges have been dealt with, the trader can resume.

Rule No.10: Keep Trading in Perspective
It is important to stay focused on the big picture when trading. A losing trade should not surprise us - it is a part of trading. Likewise, a winning trade is just one step along the path to profitable trading. It is the cumulative profits that make a difference. Once a trader accepts wins and losses as part of the business, emotions will have less of an effect on trading performance. That is not to say that we cannot be excited about a particularly fruitful trade, but we must keep in mind that a losing trade is not far off.

 Setting realistic goals is an essential part of keeping trading in perspective. If a trader has a small trading account, he or she should not expect to pull in huge returns. A 10% return on a $10,000 account is quite different than a 10% return on a $1,000,000 trading account. Work with what you have, and remain sensible.

Conclusion
Understanding the importance of each or these trading rules, and how they work together, can help traders establish a viable trading business. Trading is hard work, and traders who have the discipline and patience to follow these rules can increase their odds of success in a very competitive arena.

 Read about trading rules in the foreign exchange market in our trading rules and trading strategies.

Read more: www.investopedia.com

www.happyriches.com

Monday, March 18, 2013

The 10 Greatest Entrepreneurs

There is a tough truth that any small business owner has to face. Even in the best of times, the vast majority of small businesses fail. In this article, we'll look at ten entrepreneurs who not only succeeded, but built vast business empires.  John D. Rockefeller

John D. Rockefeller was the richest man in history by most measures. He made his fortune by squeezing out efficiencies through horizontal and vertical integrations that made Standard Oil synonymous with monopoly - but also dropped the price of fuel drastically for the everyday consumer. The government broke up Standard Oil for good in 1911. Rockefeller's hand can still be seen in the companies like Exxon (NYSE:XOM) and Conoco that profited from the R&D and infrastructure they received as their piece of the breakup. Rockefeller retired at the turn of the century and devoted the rest of his life to philanthropy. (More than 70 years after his death, this man remains one of the great figures of Wall Street. Learn more, in J.D. Rockefeller: From Oil Baron To Billionaire.)

Andrew Carnegie
Andrew Carnegie loved efficiency. From his start in Steel, Carnegie's mills were always on the leading edge of technology. Carnegie combined his superior processes with an excellent sense of timing, snapping up steel assets in every market downturn. Like Rockefeller, Carnegie spent his golden years giving away the fortune he spent most of his life building. (Though not as well-remembered as some of his contemporaries, Andrew Carnegie's legacy is strong and moralistic, read The Giants Of Finance: Andrew Carnegie.)

Thomas Edison
There is no doubt that Edison was brilliant, but it's his business sense, not his talent as an inventor, that clearly shows his intelligence. Edison took innovation and made it the process now known as research and development. He sold his services to many other companies before striking out on his own to create most of the electrical power infrastructure of the United States. While Edison is a founder of General Electric (NYSE:GE), many companies today owe their existence to him – Edison Electric, Con Edison and so on. Although Edison had far more patents than he did corporate ties, it is the companies that will carry his legacy into the future. 

Henry Ford
Henry Ford did not invent the automobile. He was one of a group working on motorcars and, arguably, not even the best of them. However, these competitors were selling their cars for a price that made the car a luxury of the rich. Ford put America - not just the rich - on wheels, and unleashed the power of mass production in the bargain. His Ford Model T was the first car to cater to most Americans - as long as they liked black. Ford's progressive labor policies and his constant drive to make each car better, faster and cheaper made certain that his workers and everyday Americans would think Ford (NYSE:F) when they shopped for a car. 

Charles Merrill
Charles E. Merrill brought high finance to the middle class. After the 1929 crash, the general public had sworn off stocks and anything more financial than a savings account. Merrill changed that by using a supermarket approach - he sacrificed the high commissions to serve more people, making up his money on the larger volume. Merrill worked hard to "bring Wall Street to Main Street," educating his clients through free classes, publishing rules of conduct for his firm and always looking out for the interests of his customers first. (We all know names like Rockefeller, but there are other influential pioneers of finance in America's history, see The Unsung Pioneers Of Finance.)

Sam Walton
Sam Walton picked a market no one wanted and then instituted a distribution system no one had tried in retail. By building warehouses between several of his Wal-Mart (NYSE:WMT) stores, Walton was able to save on shipping and deliver goods to busy stores much faster. Add a state-of-the-art inventory control system, and Walton was lowering his cost margins well below his direct competitors. Rather than booking all of the savings as profits, Walton passed them on to the consumer. By offering consistently low prices, Walton attracted more and more business to where he chose to set up shop. Eventually, Walton took Wal-Mart to the big city to match margins with the big boys - and the beast of Bentonville has never looked back. 

Charles Schwab
Charles Schwab, usually known as "Chuck," took Merrill's love of the little guy and belief in volume over price into the internet age. When May Day opened the doors for negotiated fees, Schwab was among the first to offer a discount brokerage for the individual investor. To do this, he trimmed the research staff, analysts and advisors, and excepted investors to empower themselves when making an order. From a bare-bones base, Schwab then added services that mattered to his customers, like 24-hour service and more branch locations. Merrill brought the individual investor back to the market, but Chuck Schwab made it cheap enough for him to stay. (Learn more in The CEO Dream Team - Walton, Schwab, Marcus And Blank.)

Walt Disney
The 1920s found Walt Disney on the verge of creating a cultural juggernaut. A gifted animator for an advertising company, Disney began creating his own animated shorts in a studio garage. Disney created a character inspired by the mice that roamed his office, Mickey Mouse, and made him the hero of "Steamboat Willie" in 1928. The commercial success of Mickey Mouse allowed Disney to create a cartoon factory with teams of animators, musicians and artists. Disney turned that mouse into several amusement parks, feature-length animations and a merchandising bonanza. After his death, the growth has continued making Disney (NYSE:DIS), and his mouse, the founders of the largest media company on earth. 

Bill Gates
When people describe Bill Gates, the usually come up with "rich", "competitive" and "smart." Of the three traits, it's Gates' competitive nature that has carved out his fortune. Not only did he fight and win the OS and browser wars, but Gates stored up the profits that came with the victories – and Microsoft's dominance – to fund future fights and ventures. The Xbox is just one of the many sideline businesses that the massive war chest has funded. The fact is that Microsoft's cash and Gates' reluctance to pay it out is a big part of what saw the company through hard times and funded expansion in good times.

Steve Jobs
Unlike most of the others on this list, it's possible that Steve Jobs' greatest achievements are yet unwritten. Jobs co-founded Apple (NYSE:AAPL), one of the only tech companies to offer a significant challenge to Microsoft's dominance. In contrast to Gates' methodical expansion, Jobs' influence on Apple has been one of creative bursts. Apple was a computer company when Jobs returned to it. Now, the iPod, the iPhone and the iPad are the engines of growth that have pushed Apple past the once unassailable Microsoft. When Apple surpassed Microsoft's market cap in 2010, it became clear that investors that, with Jobs, the best is yet to come. 

Conclusion
These 10 succeeded by giving the customer something better, faster and cheaper than their nearest competitors. No doubt, some like Rockefeller will always be on these lists, but there is plenty of room for the right person to find their place among the entrepreneur's pantheon. (Find out what this winning manager did to grow one of the biggest companies in the world, see Management Strategies From A Top CEO.)


Saturday, March 16, 2013

Top 10 Life Insurance Myths



Life insurance is not a simple product. Even term life policies have many elements that must be considered carefully in order to arrive at the proper type and amount of coverage. But the technical aspects of life insurance are far less difficult for most people to deal with than trying to get a handle on how much coverage they need and why. This article will briefly examine the top 10 misconceptions surrounding life insurance and the realities that they distort.

Myth #1: I'm Single and Don't Have Dependents, so I Don't Need Coverage
Even single persons need at least enough life insurance to cover the costs of personal debts, medical and funeral bills. If you are uninsured, you may leave a legacy of unpaid expenses for your family or executor to deal with. Plus, this can be a good way for low-income singles to leave a legacy to a favorite charity or other cause.

Myth #2: My Life Insurance Coverage Needs Only Be Twice My Annual Salary
The amount of life insurance each person needs depends on each person's specific situation. There are many factors to consider. In addition to medical and funeral bills, you may need to pay off debts such as your mortgage and provide for your family for several years. A cash flow analysis is usually necessary in order to determine the true amount of insurance that must be purchased - the days of computing life coverage based only on one's income-earning ability are long gone.

Myth #3: My Term Life Insurance Coverage at Work Is Sufficient
Maybe, maybe not. For a single person of modest means, employer-paid or provided term coverage may actually be enough. But if you have a spouse or other dependents, or know that you will need coverage upon your death to pay estate taxes, then additional coverage may be necessary if the term policy does not meet the needs of the policyholder.

Myth #4: The Cost of My Premiums Will Be Deductible
Afraid not, at least in most cases. The cost of personal life insurance is never deductible unless the policyholder is self-employed and the coverage is used as asset protection for the business owner. Then the premiums are deductible on the Schedule C of the Form 1040.

Myth #5: I Absolutely MUST Have Life Insurance at Any Cost
In many cases, this is probably true. However, people with sizable assets and no debt or dependents may be better off self-insuring. If you have medical and funeral costs covered, then life insurance coverage may be optional.

Myth #6: I Should ALWAYS Buy Term and Invest the Difference Not necessarily. There are distinct differences between term and permanent life insurance, and the cost of term life coverage can become prohibitively high in later years. Therefore, those who know for certain that they must be covered at death should consider permanent coverage. The total premium outlay for a more expensive permanent policy may be less than the ongoing premiums that could last for years longer with a less expensive term policy.

There is also the risk of non-insurability to consider, which could be disastrous for those who may have estate tax issues and need life insurance to pay them. But this risk can be avoided with permanent coverage, which becomes paid up after a certain amount of premium has been paid and then remains in force until death.

Myth #7: Variable Universal Life Policies Are Always Superior to Straight Universal Life Policies Over the Long Run Many universal policies pay competitive interest rates, and variable universal life (VUL) policies contain several layers of fees relating to both the insurance and securities elements present in the policy. Therefore, if the variable subaccounts within the policy do not perform well, then the variable policyholder may well see a lower cash value than someone with a straight universal life policy.

Poor market performance can even generate substantial cash calls inside variable policies that require additional premiums to be paid in order to keep the policy in force.

Myth #8: Only Breadwinners Need Life Insurance Coverage Nonsense. The cost of replacing the services formerly provided by a deceased homemaker can be higher than you think, and insuring against the loss of a homemaker may make more sense than one might think, especially when it comes to cleaning and daycare costs.

Myth #9: I Should Always Purchase the Return-of-Premium (ROP) Rider on Any Term PolicyThere are usually different levels of ROP riders available for policies that offer this feature. Many financial planners will tell you that this rider is not cost-effective and should be avoided. Whether you include this rider will depend on your risk tolerance and other possible investment objectives.

A cash flow analysis will reveal whether you could come out ahead by investing the additional amount of the rider elsewhere versus including it in the policy.

Myth #10: I'm Better off Investing My Money Than Buying Life Insurance of Any KindHogwash. Until you reach the breakeven point of asset accumulation, you need life coverage of some sort (barring the exception discussed in Myth No.5.) Once you amass $1 million of liquid assets, you can consider whether to discontinue (or at least reduce) your million-dollar policy. But you take a big chance when you depend solely on your investments in the early years of your life, especially if you have dependents. If you die without coverage for them, there may be no other means of provision after the depletion of your current assets.

The Bottom LineThese are just some of the more prevalent misunderstandings concerning life insurance that the public faces today. Therefore, there are many life insurance questions you should ask yourself. The key concept to understand is that you shouldn't leave life insurance out of your budget unless you have enough assets to cover expenses after you're gone. For more information, consult your life insurance agent or financial advisor.



www.happyriches.com

Wednesday, March 13, 2013

10 OF THE BEST IPHONE APPS TO HAVE IF YOU GET STUCK IN AN ELEVATOR



elevatorstuckGetting stuck in an elevator is certainly not a pleasant experience by any stretch of the imagination. Time begins to pass slowly and minutes seem to stretch on forever, which only adds to the stress of the situation. The best thing you can do is keep yourself and everyone around you calm until you’re all able to exit the elevator. Having some handy tools as well as some forms of entertaining everyone will help in that regard. So get your iPhone kitted out with these 10 excellent apps, because you never know when you are going to need them.
  1. iHandy Torch Free – Being stuck in a stalled elevator with no power and no lights can truly feel like one of life’s worst case scenarios. The free iHandy Torch app uses your iPhone’s camera flash to produce a powerful flashlight with multiple light effect features. You can also activate the flashlight with a simple shake of your phone.
  2. Comics – Hopefully your ordeal in the elevator won’t last too long. However, if you are stuck there for a while, reading some great downloadable comics will help keep you calm. This is no second rate app, either. You can access content from such big names as Marvel, DC and Image comics, just to name a few. Best of all, the app and library of over 30,000 titles are completely free.
  3. Kindle – The Amazon Kindle app is another lifesaver if you ever find yourself stuck in an elevator. With over 900,000 titles available, including both purchasable and free books, the Kindle is a must have app for when you find yourself in a tight spot. The app itself is free from the iPhone store.
  4. Angry Birds – This is a game that just keeps on giving. Make sure to have Angry Birds Original, Seasons, Rio or Space downloaded to your iPhone when you’re in a pinch. The free versions of each game are packed full of levels and you can also upgrade for $0.99.
  5. iBook –Apple’s own eBook reader iBook syncs with your Apple ID for ease of access. The app beautifully renders text for easy reading in a number of different fonts and languages. The iBook-shelf is a convenient way to access all of your titles, right from your iPhone home-screen.
  6. MyMedia – Download Manager – Streaming video and other media is a great way to pass time; however, that won’t help you if your iPhone is unable to go online. That is why an app like MyMedia-Download Manager is invaluable. You can download unlimited media, such as videos, music, images and documents to your handset. MyMedia-Download Manager is free of charge from the iTunes store, which is pretty impressive for an app that handles pretty much any type of media format.
  7. Imagine Poker – This is a classic game, so you would imagine that there isn’t much more to say. However, the developers, Candymaker, have added a new twist to the game. You can enter tournaments against over 20 historical and fictional characters, including Abraham Lincoln, Genghis Khan and even the Cheshire Cat.
  8. Police Siren – Getting stuck in an elevator is no fun; especially if you discover that there is no alarm call. You could be there for hours, shouting for help before anyone hears you. This free app will help spare your voice. However, make sure that everyone covers their ears before you set it off.
  9. Wreck this App – A recurring theme in the reviews for this app is how well it works for stress relief. Being confined to a small space most definitely qualifies as stressful, so Wreck this App may be the best $4.99 you ever spend. The app is basically an interactive activity game that incorporates other areas of your iPhone. You can poke holes in your pictures, scribble out your contacts and much more.
  10. Animation Desk™ for iPhone – This app brings a very close approximation of a real animator’s workspace to your iPhone home-screen. Create your own simple animations from scratch or trace previously captured videos for use with the app. If you’re really good, you could become the hero of the day by keeping your other elevator detainees entertained until you are rescued. For only $2.99, the hours of potential entertainment this app provides are well worth the money spent.
When you’re stuck in an elevator, it’s best to keep in mind that you will eventually find your way out. Regardless of how hopeless the situation may feel while you’re being held captive, remembering that your sentence isn’t a permanent one can help to stave off panic until you’re able to leave.
From: Kenny Myers