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Edit 1: More ARKQ buying today (~50k shares). Thank you everyone for the positive feedback and discussion! Bottom Line Up Front (BLUF) or TL;DR for the non-military types: LMT is a good target if you want to literally go to the moon, and my PT is $690.26 in two years (more than 2x from current levels). Justification and some possible trade ideas are listed below, just CTRL-F “Trade Ideas”. I hope you guys enjoy this work and would appreciate any discussion or feedback. I hope to catch you in the comments. Team, We interrupt today’s regularly scheduled short squeeze coverage to discuss a traditionally boring stock, LMT (Lockheed Martin), with significant upside potential. To be clear, this is NOT a short squeeze target like many reddit posts are keying on. I hope that this piece sparks discussion, but if you are just looking for short squeeze content, all I have to say is BUY, HOLD, and GODSPEED. The source of inspiration for me writing this piece is threefold; first, retail investors are winning, and I believe that we will continue to win if we continue to identify opportunities in the market. In my view, the stock market has always been a place for the public to shine a light on areas of innovation that real Americans are excited about and proud to be a part of. Online communities have stolen the loudspeaker from hedge fund managers and returned it to decentralized online democracies that quickly and proudly shift their weight behind ideas they believe in. In GME’s case, it was a blatant smear campaign to destroy a struggling business. I think that we should continue this campaign by identifying opportunities in the market and running with them. It may sound overly idealistic, but if reddit can take on the hedge funds, I non-ironically believe that we can quite literally take good companies researching space technology to the moon. I think LMT may be one of several stocks to help get us there. Second, a video where the Secretary of State of Massachusetts argues that internet boards are full of a bunch of unsophisticated, thoughtless traders really ticked me off. This piece is designed to show that ‘the little guy’ is ready to get into the weeds, understand business plans, and outpace analysts that think companies like Tesla are overvalued by comparing them to Toyota. That is a big reason that I settled on an old, large, slow growth company to do a deep-dive on, and try my best to show some of the abysmal predictive analysis major ‘research firms’ do on even some of the most heavily covered stocks. LMT is making moves, and the suits on wall street are 10 steps behind. At the time of writing this piece, Analyst Estimates range from 330-460 (what an insane range). Third, and most importantly, I am in the US military, and I think that it is fun to go deep into the financials of the defense sector. I think that it helps me understand the long-term growth plans of the DoD, and I think that I attack these deep-dives with a perspective that a lot of these finance-from-day-one cats do not understand. Even if no one ever looks at this work, I think that taking the time to write pieces like this makes me a better Soldier, and I will continue to do it in my spare time when I am feeling inspired. I wrote a piece on Raytheon Technologies (Ticker: RTX) 6 months ago, and I think it was well-received. I was most convicted about RTX in the defense sector, but I have since shifted to believing LMT is the leader in the defense space. I am long both, though. If this inspires anyone else to do similar research on other companies, or sparks discussion in the community, that is just a bonus. Special shout-out to the folks that read more than just the TL;DR, but if you do just read the TL;DR, I love you too! Now let us get into it: Leadership I generally like to invest in companies that are led by people that seem to have integrity. Jim Taiclet took the reins at LMT in June of last year. While on active duty, he served as a C-141B Starlifter pilot (a retired LMT Aircraft). After getting out he went to work for the American Tower Corporation (Ticker: AMT). His first day at American Tower was September 10, 2001. The following day, AMT lost 13 employees in the World Trade Center attack. He stayed with the company, despite it being decimated by market uncertainty in the wake of 9/11. He was appointed CEO of the very same company in 2004. Over a 16 year tenure as CEO of AMT the company market cap 20x’d. He left his position as CEO of AMT in March of last year, and the stock stagnated since his departure, currently trading at roughly the same market cap as to when he left. Jim Taiclet was also appointed to be the chairman of the board this week, replacing the previous CEO. Why is it relevant that the CEO came from a massive telecommunications company? Rightfully, Taiclet’s focus for LMT is bringing military technology into the modern era. He wants LMT to be a first mover in the military 5G space, military application of AI space, the… space space, and the hypersonic glide vehicle (HGV) space. These areas are revolutionary for the boomer defense sector. We will discuss this in more detail later when we cover the company’s P/E multiple and why it is absolute nonsense. It is not a surprise to me that they brought Taiclet on during the pandemic. He led AMT through adversity before, and LMT’s positioning during the pandemic is tremendous relative to the rest of the sector, thanks in large part to some strong strategic moves and good investments by current and past leadership. I think that Taiclet is the right CEO for the job. In addition to the new CEO, the new Secretary of Defense, Secretary Lloyd Austin, has strong ties to the defense sector. He was formerly a board member for RTX. He is absolutely above reproach, and a true leader of character, but I bring this up not to suggest that he will inappropriately serve in the best interest of defense contractors, but to suggest that he speaks the language of these companies effectively. I do not anticipate that the current administration poses as significant of a risk to the defense sector as many analysts seem to believe. This will be expanded in the headwinds section below. SPACE Cathie Wood and the ARK Invest team brought a lot of attention to the space sector when the ARKX, The ARK Space Exploration ETF, Form N-1A was officially filed through the SEC. More recently, ARK Invest published their Big Ideas 2021 Annual Report and dedicated an entire 7-page chapter to Orbital Aerospace, a new disruptive innovation platform that the ARK Team is investigating. This may have helped energize wall street to re-look their portfolios and their investments in space technology, but it was certainly not the first catalyst that pushed the defense industry in the direction of winning the new space race. In June 2018, then President Trump announced at the annual National Space Council that “it is not enough to merely have an American presence in space, we must have American dominance in space. So important. Therefore, I am hereby directing the Department of Defense (DoD) and Pentagon to immediately begin the process necessary to establish a Space Force as the sixth branch of the Armed Forces". Historically, Department of Defense space assets were under the control of the Air Force. By creating a separate branch of service for the United States Space Force (USSF), the DoD would allocate a Chairman of Space Operations on the Joint Chiefs of Staff and clearly define the budget for space operations dedicated directly to the USSF. At present, this budget is funneled from the USAF’s budget. The process was formalized in December of 2019, and the DoD has appropriated ~$15B to the USSF in their first full year of existence according to the FY21 budget. Among the 77 spacecraft that are controlled by the USSF, 29 of them are Lockheed Martin GPS satellites, 6 of them are Lockheed Martin Space-Based Infrared Systems (SBIRS), and LMT had a hand in creating and/or manufacturing for several of the other USSF efforts. The Next Generation Overhead Persistent Infrared Missile Warning Satellites (also known as Next-Gen OPIR) were contracted out to both Northrup Grumman (Ticker: NOC) and LMT. LMT’s contract is currently set at $4.9B, NOC’s contract is set at $2.37B. Tangentially related to the discussion of space is the discussion of hypersonic glide vehicles (HGVs). HGVs have exoatmospheric and atmospheric implications, but I think that their technology is extremely important to driving margins down for both space exploration and terrestrial point-to-point travel. LMT is leading the charge for military HGV research. They hold contracts with the Navy, Air Force, and Army to develop HGVs and hypersonic precision fires. The priority for HGV technology accelerated significantly when Russia launched their Avangard HGV in December of 2019. Improving the technology for HGVs is a critical next-step in maintaining US hegemony, but also maintaining leadership in both terrestrial and exoatmospheric travel. LARGE SCALE COMBAT OPERATIONS (LSCO) The DoD transitioning to Large-Scale Combat Operations (LSCO) as the military’s strategic focus. This is a move away from an emphasis on Counter-Insurgency operations. LSCO requires effective multi-domain operations (MDO), which means effective and integrated strategies regarding land, sea, air, space, and cyberspace. To have effective MDO, the DoD is seeking systems that both expand capabilities against peer threats and increase the ability to track enemy units and communicate internally. This requires a modernizing military strategy that relies heavily on air, missile, and sensor modernization. Put simply, the DoD has decided to start preparing for peer or near-peer adversaries (China, Russia, Iran, North Korea) rather than insurgencies. For this reason, I believe that increased Chinese and Russian tensions are, unfortunate as it may be, a boon to the defense industry. This is particularly true in the missiles/fires and space industry, as peer-to-peer conflicts are won by leveraging technological advantages. There are too many projects to cover in detail, but some important military technologies that LMT is focusing on to support LSCO include directed energy weapons (lasers) to address enemy drone technology, machine learning / artificial intelligence (most applications fall under LMT’s classified budget, but it is easy to imagine the applications of AI in a military context), and 5G to increase battlefield connectivity. These projects are all nested within the DoD’s LSCO strategy, and position LMT as the leader in emergent military tech. NOC is the other major contractor making a heavy push in the modernization direction, but winners win, and I think a better CEO, balance sheet, and larger market cap make LMT the clear winner for aiding the DoD in a transition toward LSCO. SECTOR COMPARISON (BACKLOG) The discussion of LSCO transitions well into the discussion of defense contractor backlogs. Massive defense contracts are not filled overnight, so examining order backlogs is a relatively reliable way to gauge the interest of the DoD in a defense contractor’s existing or emerging products. For my sector comparison, I am using the top 6 holdings of the iShares U.S. Aerospace & Defense ETF (Ticker: ITA). I hate this ETF, and ETFs like it (DFEN) because of their massively outsized exposure to aerospace, and undersized allocation to companies like LMT. LMT is only 18% smaller than Boeing (Ticker: BA) but is only 30.4% of the exposure of BA (18.46% of the fund is BA, only 5.62% of the fund is LMT). Funds of this category are just BA / RTX hacks. I suggest building your own pie on a site like M1 Finance (although they are implicated in the trade restriction BS… please be advised of that… hoping other brokerages that are above board will offer similar UIs like the pie design… just wanted to be clear there) if you are interested in the defense sector. The top 6 holdings of ITA are: Boeing Company (Ticker: BA, MKT CAP $110B) at 18.46% Raytheon Technologies (Ticker: RTX, MKT CAP $101B) at 17.84% Lockheed Martin (Ticker: LMT, MKT CAP $90B) at 5.62% General Dynamics Corporation (Ticker: GD, MKT CAP $42B) 4.78% Teledyne Technologies Incorporated (Ticker: TDY, MKT CAP $13B) at 4.74% Northrop Grumman Corporation (Ticker: NOC, MKT CAP $48B) at 4.64% As a brief aside, please look at the breakdowns of ETFs before buying them. The fact that ITA has more exposure to TDY than NOC and L3Harris is wild. Make sector ETFs balanced how you want them to be balanced and it will be more engaging, and you will likely outperform. I digress. Backlogs for defense companies can easily be pulled from their quarterly reports. Here are the current backlogs in the same order as before, followed by a percentage of their backlog to their current market cap. All numbers are pulled from January earning reports unless otherwise noted with an * because they are still pending. Boeing Company backlog (Commercial: $282B, Defense: $61B, Foreign Military Sales (FMS, categorized by BA as ‘Global’): 21B, Total Backlog 364B): BA’s backlog to market cap is a ratio of 3.32, which is strong, but most of that backlog comes from the commercial, not the defense side. Airlines have been getting decimated, I am personally not interested in having much of my backlog exposed to commercial pressures when trying to invest in a defense play. Without commercial exposure, their defense only backlog ratio is .748. This is extremely low. I understand that this does not do BA justice, but I am keying in on defense exposure, and I am left thoroughly unsatisfied by that ratio. Also, we have seen several canceled contracts already on the commercial side. Raytheon Technologies backlog (Defense backlog for all 4 subdivisions: 67.3B): Raytheon only published a defense backlog in this quarter’s report. That is further evidence to me that the commercial aerospace side of the house is getting hammered. They have a relatively week backlog to market cap as well, putting them at a ratio of .664, worse off than the BA defense backlog. Lockheed Martin backlog (Total Backlog: $147B): This backlog blows our first two defense backlogs out of the water with a current market cap to backlog ratio of 1.63. General Dynamics Corporation backlog (Total Backlog: $89.5B, $11.6B is primarily business jets, but it is difficult to determine how much of their aerospace business is commercial): Solid 2.13 ratio, still great 1.85 if you do not consider their aerospace business. The curveball here for me is that GD published a consolidated operating profit of $4.1B including commercial aerospace, whereas LMT published a consolidated operating profit of $9.1B. This makes the LMT ratio of profit/market cap slightly in favor of LMT without accounting for the GD commercial aerospace exposure. This research surprised me; I may like GD more than I originally assumed I would. Still prefer LMT. Teledyne Technologies Incorporated backlog (Found in the earnings transcript, $1.7B): This stock is not quite in the same league as the other major contractors. This is an odd curveball that a lot of the defense ETFs seem to have too much exposure to. They have a weak backlog, but they are a smaller growing company. I am not interested in this at all. It has a backlog ratio of .129. Northrop Grumman Corporation backlog ($81B): Strong numbers here. I see NOC and LMT as the two front-runners in the defense sector. I like LMT more because I like their exposure to AI, 5G, and HGVs more than NOC, but I think this is a great alternative to LMT if you like the defense sector. Has a ratio of 1.69, slightly edging out LMT on this metric. LMT edges out NOC on margins by ~.9%, though, which has significant implications when considering the depth of the LMT backlog. The winners here are LMT, GD, and NOC. BA is attractive if you think anyone will have enough money to buy new planes. BA and RTX are both getting hammered by commercial aerospace exposure right now and are much more positioned as recovery plays. That said, LMT and NOC both make money now, and will regardless of the impact of the pandemic. LMT is growing at a slightly faster rate than NOC. Both are profit machines, but I like LMT’s product portfolio and leadership a lot more. FREE CASH FLOW Despite the pandemic, LMT had the free cash flow to be able to pay a $2.60 per share dividend. This maintains their ~3% yearly dividend rate. They had a free cash flow of $6.4B. They spent $3.9 of that in share repurchases and dividend payouts. That leaves 40% of that cash to continue to strengthen one of the most stalwart balance sheets outside of big tech on the street. Having this free cash flow allowed them to purchase Aerojet Rocketdyne for $4.4B in December. They seem flexible and willing to expand and take advantage of their relative position during the pandemic. This is a stock that has little downside risk and significant upside potential. It is always reassuring to me to know that at the end of the day, a company is using its profit to continue to grow. HEADWINDS New Administration – This is more of an unknown than a headwind. The Obama Administration was not light on military spending, and the newly appointed SecDef is unlikely to shy away from modernizing the force. Military defense budgets may get lost in the political shuffle, but nothing right now suggests that defense budgets are on the chopping block. Macroeconomic pressure – The markets are tumultuous in the wake of GME. Hedgies are shaking in their boots, and scared money weighed on markets the past week. If scared money continues to exert pressure on the broader equity markets, all boomer stocks are likely weighed down by slumping markets. Non-meme Status – The stocks that are impervious to macroeconomic pressures in the above paragraph are the stonks that we, the people, have decided to support. From GME to IPOE, there is a slew of stonks that are watching and laughing from the green zone as the broader markets slip deeper into the red zone. Unless sentiment about LMT changes, I see no evidence that LMT will remain unaffected by a broader economic downturn (despite showing growth YoY during a pandemic). TAILWINDS Aerojet Rocketdyne to the Moon – Cathie Wood opened up a $39mil position in LMT a few weeks ago, and this was near the announcement of ARKX. The big ideas 2021 article focuses heavily on satellite technology, deep learning, and HGVs. I think that the AR acquisition suggests that vertical integration is a priority for LMT. They even fielded a question in their earnings call about whether they were concerned about being perceived as a monopoly. Their answer was spot on—the USFG and DoD have a vested interest in the success of defense companies. Why would they discourage a defense contractor from vertical integration to optimize margins? International Tensions – SolarWinds has escalated US-Russia tensions. President Biden wants to look tough on China. LSCO is a DoD-wide priority. 5G.Mil – We still do not have a lot of fidelity on what this looks like, but the military would benefit in a lot of ways if we had world-wide access to the rapid transfer of encrypted data. Many units still rely on Vietnam-era technology signal technology with abysmal data rates. There are a lot of implications if the code can be cracked to win a DoD 5G contract. TRADE IDEAS Price Target: LMT is currently at a P/E of ~14. Verizon has roughly the same. LMT’s 5-year P/E ratio average is ~17. NOC is currently at a P/E of ~20. TSLA has a P/E Ratio of 1339 (disappointingly not 1337). P/E is a useless metric because no one seems to care about it. My point is that LMT makes a lot of money, and other companies that are valued at much higher multiples do not make any money at all. LMT’s P/E ratio is that of a boomer stock that has no growth potential. LMT’s P/E is exactly in line with the Aerospace and Defense Industry P/E ratio standard. LMT’s new CEO is pushing the industry in a new direction. I will arbitrarily choose a P/E ratio of 30, because it is half of the software industry average, and it is a nice round number. Plus, stock values are speculative and nonsense anyway. Share price today: $321.82 Share price based on LMT average 5-year P/E: $384.08 (I see this as a short term PT, reversion to the mean) Share price with a P/E of 30: $690.26 Buy and Hold: Simple. Doesn’t take much thought. Come back in a year or two and be happy with your tendies (and a few dividends to boot). LEAPS Call Debit Spread (Based on last trade prices): Buy $375 C 20 JAN 23 for $26.5, Sell $450 C 20 JAN 23 for $12. Total Cost $14.5 for a spread width of $75. Max gain 517% per spread. Higher risk strategy. LEAPS: Buy $500 C 20 JAN 23 for $7.20. Very high-risk strat. If the price target is hit within two years, these would be in the money $183 per contract for a gain of 2500%. This is the casino strat. SOURCES https://www.lockheedmartin.com/en-us/news/features/2020/james-taiclet-from-military-pilot-to-successful-ceo.html https://www.warren.senate.gov/newsroom/press-releases/in-response-to-senator-warrens-questions-secretary-of-defense-nominee-general-lloyd-austin-commits-to-recusing-himself-from-raytheon-decisions-for-four-years https://news.lockheedmartin.com/2019-08-30-Lockheed-Martins-Expertise-in-Hypersonic-Flight-Wins-New-Army-Work https://www.lockheedmartin.com/en-us/capabilities/hypersonics.html https://research.ark-invest.com/hubfs/1_Download_Files_ARK-Invest/White_Papers/ARK%E2%80%93Invest_BigIdeas_2021.pdf?hsCtaTracking=4e1a031b-7ed7-4fb2-929c-072267eda5fc%7Cee55057a-bc7b-441e-8b96-452ec1efe34c https://www.deseret.com/2018/6/19/20647309/twitter-reacts-to-trump-s-call-for-a-space-force https://comptroller.defense.gov/Portals/45/Documents/defbudget/fy2021/fy2021_Budget_Request_Overview_Book.pdf https://www.airforcemag.com/lockheed-receives-up-to-4-9-billion-for-next-gen-opir-satellites/ https://spacenews.com/northrop-grumman-gets-2-3-billion-space-force-contract-to-develop-missile-warning-satellites/ https://www.lockheedmartin.com/en-us/capabilities/directed-energy/laser-weapon-systems.html https://emerj.com/ai-sector-overviews/lockheed-martins-ai-applications-for-the-military/ https://www.defenseone.com/business/2020/07/new-ceo-wants-lockheed-become-5g-playe167072/ https://www.wsj.com/articles/defense-firms-expect-higher-spending-11548783988 https://www.etf.com/ITA#efficiency https://s2.q4cdn.com/661678649/files/doc_financials/2020/q4/4Q20-Presentation.pdf https://investors.rtx.com/static-files/dfd94ff7-4cca-4540-bc4b-4e3ba92fc646 https://investors.lockheedmartin.com/static-files/64e5aa03-9023-423a-8908-2aae8c7015ac https://s22.q4cdn.com/891946778/files/doc_financials/2020/q4/GD_4Q20_Earnings_Highlights-Outlook-Final.pdf https://www.fool.com/earnings/call-transcripts/2021/01/27/teledyne-technologies-inc-tdy-q4-2020-earnings-cal/ https://investor.northropgrumman.com/static-files/6e6e117f-f656-4c68-ba7f-3dc53c2dd13a
I would say that I'm relatively new to Reddit and the one thing that surprised me is the number of people that still play on Bovada, Ignition, Betonline, MyBookie, etc. Don't get me wrong, great sites for sports betting and poker, but absolutely horrendous when it comes to slots and live casino games. Hitting 1,000x on a slot on Bovada is like a once in a lifetime achievement and the live dealer provider is... awful. Over the past month or so, I have seen this Reddit flooded with random users promoting a bunch of shitty no-name crypto casinos that have been around for like 3 days. So I figured it was my duty, as somebody who has no ownership interests in any of these online crypto casinos, to share my thoughts regarding the ones that I believe are trustworthy. All of which is based on first-hand experience and countless hours of research. 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Due to some legal and gambling restrictions, players residing in Afghanistan, Algeria, Albania, Angola, Cambodia, Guyana, Ecuador, Hong Kong, Iran, Indonesia, Israel, Kuwait, Myanmar, Lao, North Korea, Nicaragua, Namibia, Philippines, Papua New Guinea, Panama, Pakistan, Spain, Syria, Singapore, Sudan, South Korea, Taiwan, Uganda, United Kingdom, United States, Zimbabwe and Yemen are prohibited to register and play at Superlines Casino. >>Claim Free Bonus Now<<
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Throughout the last years, Genesis Global has been on a rapid expansion course, officially surpassing a dozen brands at the start of 2020. Casino Dome will be the final launch for this rather turbulent year, aiming to entice players with a modern gaming site that works equally well on desktop, tablet and mobile devices across all OS platforms. Reason enough to take a closer look as to what you can expect at The Dome.
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Omni Slots Casino Software and Other Games
Our review of Omni Slots casino revealed over 1,000 slots and games from a good selection of popular software providers. You can spin new slots from Wazdan and Relax Gaming or play the latest and greatest 5-reel slots from NetEnt and Microgaming. We recommend you also check out the jackpot section, where you can win the Red Hot Firepot Jackpot or the Golden Knights Bonus by playing slots from Gamomat. There are also many chances to squeeze out a big win in the fruit slots section, where top titles include Beauty Fruity and Back to the Fruits: Respins of Amunore. Live roulette and blackjack are available at the Pragmatic Play-powered live Omni Slots casino. Other popular casino games such as red dog, craps, and video poker can be played in the table games section. Our Omni Slots casino review team believes this excellent choice of slots and games will keep players entertained and satisfied.
Omni Slots Casino Banking and Cashouts
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Omni Slots Casino Support
There are lots of ways to get support at Omni Slots casino, starting with a helpful FAQ section where you’ll find all sorts of answers to popular questions. Omni Slots also aims to reply to any emails within 24 hours. If you’re a social media lover, there’s also the chance to connect via Facebook, Twitter, and YouTube. We found the quickest method to be a live chat, which is available 06.00 – 03.00 (CET) seven days a week on Android, iPhone, iPad, and desktop. Our Omni Slots review team used this service to find out several important pieces of information and were delighted with the quickness of the response times and the professionalism of the live agents.
Our Verdict
An awesome welcome package and amazing existing member promotions are why players are rushing to join Omni Slots casino. Bonuses and free spins can be used to play hundreds of the best slots and games, so you’ll always have a great time on site. Other plus points include a choice of eight languages, the opportunity to play games on any device you’d like, and a variety of excellent support options. That’s why our Omni Slots casino review experts recommend you take advantage of everything this top gaming site has to offer. Sign up to Omni Slots now to claim your welcome package and discover a world of thrills and excitement. >>Click Here and Get Free Spins<<
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Ivi Casino Review
Ivi Casino is one of the gambling operators owned by JocSolutions Limited which is based in Gibraltar and runs on a license issued in Curaçao. This is a relatively new casino, founded in 2018, but it has already expanded its collection of games to include hundreds of slots, video pokers and table games. They are supplied by two dozen software developers and they can be played for free on mobile devices.
IVI Casino Bonuses
The Ivi Casino welcome bonus is awarded to new depositors who invest at least €10 and it spans over five consecutive deposits. None of them require a bonus code and players who follow through with 5 deposits will receive a mix of cash and free spins. The first deposit is matched by 100% up to €300, while the second awards 50 free spins that can be used on a popular slot. The casino returns to the cash incentive for those who make the third deposit, by matching it by 30% up to €400. Another bundle of 30 free spins is offered upon making the fourth deposit, while the fifth will trigger a 50% bonus worth €300. In each case, the bonus is offered immediately after players require it by contacting customer support. The casino clearly states that the bonus is offered for entertainment purposes only and reserves the right to terminate the promotion without prior notice. Players should abide by the general bonus policy and the terms and conditions and meet wagering requirements before attempting a cash-out. Once the bonus and the winnings resulting from free spins are played through 40 times players are allowed to withdraw funds. >>Get Free Spins Bonus Here<<
How to Get Started at Ivi Casino
In order to qualify for the free spins, matched deposit bonuses and play the games available, players have to register an account. A click on the registration button will trigger the process, which requires players to enter a few details about themselves. Using a valid email address is paramount since this will be used to send the authentication link that wraps up the sign-up process. New members can claim bonuses and try all the games available in demo version, without choosing a payment method and making a deposit. Players can take their time and only submit the documents required by the casino to prove identity when they make the first cash out. These include scanned images of their ID, bank statement, and utility bills which are required by the Know Your Customer provisions. They are also in complete control of their gaming activity and they have the option of terminating the Ivi Casino membership whenever they want. This is done by making a formal request to customer support via live chat or email.
Ivi Casino Games and Software
We were impressed by how many games are available when writing the Ivi Casino review. It wouldn’t have been possible for a new casino to amass a collection of more than 2000 titles without working with several top developers. Netent, Microgaming, Quickspin, Blueprint, Big Time Gaming, Yggdrasil, ELK, Pragmatic Play, Amatic, NextGen, 1x2 Gaming, Lighting Box, Endorphina, Thunderkick and Betsoft are their partners. Each of these software developers has a different approach and a unique concept about online gaming, hence the extraordinary diversity in terms of visuals, gameplay and features. A burgeoning selection of table games is constantly being expanded, with the emphasis on adding new live dealer table games. Craps, roulette, baccarat and blackjack games are streamed in real-time from studios located in Asia and Europe, using the latest WebCam technology. This makes it possible for players to interact with highly-trained and friendly croupiers from different parts of the world. At online casinos, this is as close as it gets to experience the thrills of real casino games from home. The preference for slots is not surprising given the high number of games featured, with players being invited to switch from classic titles to the latest ones. Immortal Romance, Ancient Egypt Classic, Lucha Legends, Book of Oz and Chicago Gangsters are just a few of the mobile-friendly games on display. Most of the table games can only be played against the random number generator, but this was certified fair by independent auditors. Atlantic City Blackjack Gold Series, Premier Blackjack Multi-Hand European Roulette as well as popular versions of poker such as Triple Pocket Hold’em Poker are featured. >>Get Free Spins Bonus Here<<
Ivi Casino Website Layout and Interface
Ivi Casino is a part of a larger group of casinos owned and operated by JocSolutions Limited, with whom they share many similarities. In each case, the designers have focused on creating a website layout that is intuitive and easy to navigate by beginners. Casual punters are the targeted audience, which explains why it’s so easy to find anything even if you know nothing about this casino. There’s little information on the main pages, but they’re just one click away from finding the answers they seek. Games are grouped based on genre and punters can use one of the many filters to jump straight to their game of choice.
Ivi Casino Contact Options
There are four distinct email addresses that players can use to ask for help, depending on the nature of their problem. The financial and marketing departments have their own addresses, as does the team handling complaints and there is a special email address for general inquiries. Live chat is also offered and this is the fastest way of asking questions at any hour of day or night. The absence of phone support is a bit surprising, but given all the other alternatives, its absence will go unnoticed. >>Get Free Spins Bonus Here<<
Other Promotions and Offers at Ivi Casino
There are plenty of other promotions waiting for players to join once they have dealt with the introductory offer. The Dreamland Bonus for example will reward players who make a deposit between midnight and 5 AM with a 50% bonus up to €500. In order to qualify for this financial incentive, players will have to make a deposit of at least €20 using the DREAM50 code. This must be communicated to client support over live chat and players can withdraw a maximum of €1000 after meeting the wagering requirements. Jolly Weekend is another promotion dedicated to people who are more active over the weekend, as only deposits made on Saturday and Sunday qualify. This is one of the most alluring offers we have found while working on our Ivi Casino review, as it can be accessed every week. Players are eligible for a bonus of €8 or as much as €500 based on how much money they deposit over the weekend. Only the first deposit will be matched up to 40% and this bonus can’t be combined with other promotional offers. Friday Reward bears many similarities to the aforesaid campaign, as once again, players are eligible for a maximum bonus of €1000 if they deposit €20. Just as the name suggests, only deposits made on Friday qualify and players are eligible for a 15% cashback bonus. The amount is calculated by subtracting the winnings from the losses suffered over the last week to come up with the final sum. The reimbursement is offered in the form of bonus funds and it is subject to 40 times wagering requirements.
Ivi Casino Currencies and Payments Options
Ivi Casino payment methods include MasterCard, Visa, Neteller, Skrill, PaySafeCard and Trustpay. Players can deposit in EUR, RUB, SEK, PLN and if they qualify for bonuses, they will receive the amounts in currency equivalent. All deposits are processed instantly without any fees being charged and players can also withdraw winnings without paying commission. This is a Bitcoin-friendly online casino, so players can deposit in cryptocurrency they want to enjoy enhanced privacy. The waiting time on withdrawals ranges from 24 hours for e-wallets and Bitcoin to five days for credit cards. One of the few problems that we have encountered while testing these gambling operators for our Ivi Casino review was in regard to the withdrawal limits. They start at €1500 per day, increase to €3000 per week and are limited to €9000 per month, all of them being too low. If players win a progressive jackpot for bet a lot of money and come on top, it will take a while to cash out all their profits. >>Get Free Spins Bonus Here<<
Conclusion
Ivi Casino has set the bar high with its enormous lineup of games and extensive coverage of software developers. It is one of the best new casinos that accept cryptocurrencies, while also allowing players to deposit and wager in traditional money. The withdrawal limits are the Achilles’ heel in this case and one of the main reasons why some people will choose to avoid this casino. Otherwise, they do most of the things we expect from top casinos well and they should have a bright future ahead of them.
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Ego Casino Review - Bonus Codes, Free Spins & More
In today's review of Ego Casino, we'll be doing a thorough analysis of their most important features and see exactly why this casino has the potential to become one of the greatest. It is available in a couple of languages like English, German, Polish, Chinese and Russian, making it one of the most popular international online casinos on the m arket. Along with that, it is available in various currencies such as Euros, Polish zlotys, and Russian rubles, making it a popular casino amongst European and Russian players. It also needs to be said that US and UK players are restricted from using this casino. Regardless of the country restrictions, there is a lot to research and review about this casino. In the past few months, it got on a good foot with new players thanks to a generous no deposit free spins offer. But, there is much more to review and uncover. So let's get this review started and find out what earned Ego Casino their review ratings so fast amongst the online gambling communities.
Ego Casino Sign-Up Bonus And Promos
We thought it would be a great way to start this review on a positive note, so we've decided to review the promos like no deposit free spins and reloads available at Ego Casino. Upon our review of their promo selection, we were quite impressed by their offer. Being a new online casino they have to be able to attract new members and no deposit free spins promotions and rewards are a great strategy. Let's have a look at some of the most sought-after rewards and their availability in this exciting casino. >> Claim Free Spins Bonuses <<
No Deposit Bonus/Free Spins Bonus
One of the most requested bonus rewards amongst new players is the no deposit bonus. The no deposit bonus gives new players a chance to play some casino games right after they signup, no deposit needed. The no deposit bonus mainly includes free spins, but in some cases, the no deposit bonus might include free chips or cash instead of free spins. The purpose of the no deposit promo remains the same though - to promote games and offer players a chance to test the casino and review the game selection. Upon our review of the bonus section at Ego Casino, we've noted that they do not have an active any deposit bonus at this time. If you are specifically looking for a no deposit promo like free spins or cash, make sure to wait a bit and review the casino's website. No deposit free spins promos become often available as a part of new promotions for new game releases. However, we've also noted that in order to make up for their lack of a no deposit bonus, they offer a fairly generous welcome offer. Namely, the Ego Casino welcome promo is a 100% first deposit bonus for up to 500 and an additional 50 free spins, no bonus code required. Furthermore, there are three versions of this reward: Basic, Silver, and Gold. All of them differ in terms of how big of a deposit you make, resulting in a larger reward and more free spins. If you want to learn more about this and other promo rewards, head over to the Ego website and review it under the Promotions tab.
Cashback Bonus
Another promo that is popular amongst online casinos and their players is the cashback bonus. This promo gives players part of their wager back when they lose, giving them a fighting chance. Upon our review of the Promotions section at Ego Casino, we've noted that they do in fact have a cashback bonus. There are two types as well. The first one is called Weekly Cashback, where depending on your member status you either get 10-15% cashback which is calculated according to the deposits you've made. The cash is put back in your account every Sunday. The other one is called the Weekly 50% VIP Bonus. To activate it you'll need a bonus code which you can find on their website under the Promotions tab. There you can also learn more about this promo as it is thoroughly reviewed and explained in detail. >> Claim Free Spins Bonuses <<
High Roller Bonus
The High Roller bonus is a promo that is reserved for a special group of casino members that like to spend big bucks. These are also known as VIP members and VIPs often receive special treatment in terms of additional rewards such as a higher cashback bonus, more free spins or even priority when it comes to withdrawing funds. Upon our review of EgoCasino, we've noted that they have a Loyalty Program, where depending on your level, you get extra benefits. You gain levels by collecting E-coins that can later be spent for other bonus rewards. If you want to learn more about the Ego Casino loyalty program head over to their website and review it under the Promotions tab.
Weekly Reload Bonus
The Weekly Reload bonus can be any kind of benefit that players can get a hold on during a specific day of the week. Upon our review of the available bonus rewards at Ego Casino, we've noted that they have a couple of interesting weekly offers. We've already mentioned the Weekly Cashback bonus in this review, but there are more offers. For instance, Ego Casino offers a Morning Up Bonus and a Twilight Bonus. Both are active from Monday through Friday but during different time frames. The Morning promo is active from 4 am -8 am, while the Twilight Bonus is active between 12 AM-4 AM. They also differ in terms of feature, the Twilight promo offers 50% for up to 1,000, while the morning offers the same, plus additional 20 free spins. In addition to these Weekly offers, Ego includes a weekend promo called Upgraded Weekend. Here you'll be able to get a 40% deposit bonus for up to 500. Overall, Ego Casino is very generous when it comes to bonuses. >> Claim Free Spins Bonuses <<
EGO Casino Games & Software Providers Available
We've mentioned in this review that Ego Casino can brag about having a large games library. We did a review of the game selection at Casino Ego and to be honest we were quite impressed. They include some of the most popular game categories like slot games, table games, sports betting, and even live games. The games at Ego Casino are provided a courtesy to world-renown software providers like Play'n GO, Microgaming, Quickspin, Big Time Gaming, Evolution Gaming and many more.
Slot Games
First of all, let's have a look at their slots selection. Ego Casino offers a wide range of slot games that meet the needs of every slots lover. Over here you can find classical 3-reel slots for those who love retro games, as well as modern slot games, with state of the art visual and graphics. The latter also includes cool in-game bonus features like wilds, free spins and scatter symbols. Upon our review, we've noted that some of their most popular titles include games like Book of Dead, Vikings Go Wild, Big Bad Wolf, and many more. Live Dealer games are run in real-time via a live video stream by a real human dealer. Players can join the table and play against other players or against the dealer, depending on the game. Games that saw the biggest change for the better with this innovation are traditional casino games that could not have been imagined without a dealer in the first place. These include the likes of Roulette, Baccarat, Blackjack, and Poker. Upon our review of the games at Ego Casino, we've noted that they in fact include live dealer games and in the following part of this review, we're going to have a look at some of the available choices they have to offer. Live Baccarat - Live Baccarat is amongst the many live games choices at Ego. Upon our review, we've noted that they include variants like the game Classical Baccarat, Dragon Tiger, and many more It has to be mentioned that there are betting limits in place, in order to accommodate players from different economic backgrounds. Live Blackjack - Live Blackjack is another live game option at Ego Casino. Upon our review of the live games at this casino, we've noted that Blackjack is available in multiple variants, such as: Classical Blackjack, Common Draw Blackjack, Blitz Blackjack, and more. Naturally, there are various tables with different betting limits, in order to provide a fun experience for all players, regardless of their financial status. Live Roulette - Live Roulette is probably the live game with the most choices at Ego. You can choose from variants like European or American Roulette, in addition to that, you can choose rooms with specific languages, such as Turkish, Russian, and German. It goes without saying that there are betting limits here as well in order to provide a fair gambling experience for all players, regardless of their pocket size. Other Table Games - There are other table game choices available too, with the most popular being Poker. Upon our review, we've noted that they include variants like 3 Card Stud and Hold'Em. There are betting limits in place here as well, so you can expect High Roller and Low Roller tables. >> Claim Free Spins Bonuses <<
Compatibility: Desktop & Ego Casino's Mobile Casino App
Since there are a lot of different devices on the market today, it is extremely important for an online casino to be compatible with all of them in order to be accessible to more users. Upon our review of Ego, we've learned that they are a mobile-friendly site, compatible with all devices, including PC, tablet, and mobile as well as operating systems such as iOS and Android. The Ego Casino games are available in instant play, which means that you won't need to download any additional app or software. All you got to do is use your device and open the browser to access the casino. The experience quality remains the same regardless of what device you use.
Top Security Protocols & Customer Service at Ego Casino
When it comes to security Ego Casino are doing a pretty good job. Even though they are a new and not so experience casino, their security isprotocols are pretty tight. Upon our review of Ego and their security measures, we've noted that they are using high-level SSL encryption in order to protect their players' transactions and their data from harm. It has to be mentioned that Ego Casino is licensed and falls under the regulations of Curacao. As far as customer support goes, Ego Casino is doing the most that they can in order to be available to their players. Their website includes a 24/7 live chat where English and Russian speaking players can ask for help. In addition to that, there is a support e-mail and a phone number if there is a need for any further assistance.
Ego Casino Complaints Reviewed
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What better way to move ahead than to take on new ways to make money at home and in particular an extra £500 per month on top of your normal wage. Some of my posts may contain affiliate links. This simply means if you purchase something after clicking one of the links I may receive a commission at no extra cost to yourself. Many thanks for the continued support. So without further ado lets jump in and see how we are going to go about making that extra money online. 1: MATCHED BETTING: I have said this before but putting it simply Matched Betting is the number one when it comes to the easiest way to make money at home. If you are not making extra money online by using Matched Betting then you are missing out on some serious extra cash. Matched betting is the action of placing a for and against bet on a football team or other sport and using this to gain the bookmaker bonuses. It is 100% legal and is netting some people up to £1500 Per month. 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Profit Accumulator literally walks you through each matched bet with full text and video guides to and will have you making extra money online in an hour or so. Check them out. 2: VIRTUAL ASSISTANT So if you do a search on how to make money online I’m pretty sure that Virtual assistant will be close to the top of the search options. There is a very good reason for that. We are now living in an ever-increasing digital age and this is getting more and more common especially with the pandemic as companies are working out that it saves them money having their staff work from home. This also means lots of businesses will need digital assistants or Virtual assistants to assist them with their day to day business needs. So how do I start making extra money online from being a virtual assistant and what will I need to do? A virtual assistant could do any number of tasks online such as answering and replying to emails. Creating Facebook adverts, Decluttering emails, Setting up meetings and or organizing an online diary. There are plenty of virtual assistants who specialize in certain areas and I know of a couple of VA’s that specialize in making Pinterest pins for a blog and scheduling them out. Assuming you have a laptop or pc and a good internet connection as well as some personal skills such as good literacy, typing skills and organizational skills then you should have the basics to get started. Rebecca Lake over at Bosssinglemama.com has a great guide to getting started as a virtual assistant as she has great first-hand experience in this field. Go check it out. 3: SELL GOODS ON EBAY Let me add before I get started that I hate eBay, Don't get me wrong I have made money with eBay and from time to time it is a good way of earning some quick cash but out of all the ways of how to make money online, this is one of my least favorites. The reason is simply that there are lots of stupid people out there who bid for no reason or argue the item didn't arrive or is not as described and this can be annoying as well as very time-consuming. Don’t let this put you off though as it may have just been my experience but it’s not for me. However, if you are looking to get started with ways to make money at home then this is a good a place as any. The best place to start making extra money online with eBay is to have a clear out around the house and get together all the stuff you are probably thinking of just throwing out. Have a search around the site and see what other people have listed these types of items for. Once you have sold your stuff you can then reinvest that money by buying some packing products off the site and then look for stuff to buy and resell. Look around at car boot sales and thrift stores to get your bargains and then relist at a profit on eBay, Don’t forget to add the cost of your eBay fees and Paypal fees into the equation. When I first started looking at how to make money online eBay was one of the first places I came to. 4: CASINO OFFERS Hold on, I’m not suggesting you go down to your local casino. That is not a great way to make money, In fact, your more often than not lose all of your money. This is a cheeky way of gaining profit from the online casino bonuses offered to new customers. It works in a very similar way to Matched betting in that new bonuses are offered out to new customers and with a bit of background knowledge and trickery, you can obtain most of the profit from those bonuses without losing any money. It might sound too good to be true but it is from the brainchild of the guys over at Profit accumulator. Quite a lot of money earned within a day or two. Simply sign up with Bonus Accumulator, and they will walk you through your first couple of casino offers and then you will get access to their site which includes guides for all online casino offers as well as a very good forum for members. Sign up below and see how easy it is to make a good consistent profit. When I was learning how to make money online I didn’t have something as easy and accessible as Bonus accumulator. Hit the link below to learn more. 5: PINTEREST VA As with being a virtual assistant as I mentioned above, you could also specialize in one certain area if you are looking at how to make money online. Pinterest is essentially a search engine and requires not only great titles and descriptions but also very good graphics and visuals that stand out from the crowd when your potential customers are scrolling through it on their phone. This is where the problem lies for most bloggers or business owners, we are not overly creative and have probably not used graphics sites such as Canvas before. Luckily I have used Canvas and have now got pretty good at it, however, in the beginning, a Pinterest VA would have been very handy. A Pinterest VA can not only create pretty pins linking back to your site or blog but also they can schedule them out for you saving you more time to concentrate on other areas. My advice when trying to start out is to join some blogging groups on Facebook and create a profile. Then just put yourself out there. As a new VA, you could always offer out your services very cheaply just to get some experience behind you. Kristin from Believe In A Budget has a great post here on how she became a Pinterest VA and how to make money online from learning how to do it yourself. 6: OFFER SITES OHMYDOSH: Making extra money online and more specifically making around £500 per month is no easy feat. Offers sites are great at making you £20 here and £30 there but to do £500 per month you will need to combine 2 or 3 of these sites and hit them hard. It is possible though. You can certainly make £250 per month easily. When looking back at what I did when I was working out how to make money online as I found offers sites and the first one I came across was OhMyDosh. Offers sites are basically cashback sites that reward you with cash into the account when you sign up for certain things or do simple surveys etc. It is super easy and you can very quickly in one afternoon make a cheeky £50 or so with very minimal effort on your part. OhMyDosh is one of the easiest offers sites to navigate in my humble opinion. This makes all the difference as well when you are new to the site so I stuck with OhMyDosh for quite a while. You can sign up here for OhMyDosh if You use my special link you will also get a £1 sign up bonus for free. A nice little start to your profit without having to lift a finger. Pin This For Future Reference: SWAGBUCKS: Swagbucks is a very similar website to OhMyDosh accept it is a little more well known. You simply complete offers and surveys in exchange for Swagbucks which when you hit a certain amount of you can exchange for gift cards etc. It can get incredibly addictive as Swagbucks have a few daily targets for you to hit and achievements along the way. It becomes your goal to hit those achievements every day. If you sign up using my Swagbucks Link you will receive 300 Swagbucks for free. What a great way to start towards earning your first gift card. Swagbucks also have a chrome app button which you can install on your computer which can help you earn more each day giving you greater chances of earning some fantastic gift cards for yourself or your loved ones. INBOX POUNDS: Inbox Pounds is the last site you should try in the offers sites. When It comes to making extra money online then combining the 3 offers sites I have mentioned is the best way to maximise your income. Some of the offers will be the same but just skip those and move onto the next one. Inbox pounds also has a different variant called inbox dollars for our friends across the pond. The easy stuff is a section that I like on Inbox pounds whereby you can go on and answer easy questions or a simple survey for between 50pence to £1.50. You will be surprised how quickly these all add up. Dont miss out on making extra money online and earning some really quick cash, sign up using my referral code and start earning now. 7: BLOGGING Blogging is one of the top answers when searching for how to make money online. Although blogging is not a quick way to make money and it is certainly not the easiest it is one of the more rewarding ways to make money at home. If you are starting a blog just to make money you need to know that for most people it can be more than a year before they start seeing income and for others maybe less. It really does depend on how much effort you put into your blog. Take my blog for example. I work really long hours in my main job and a lot of the time I dont work on my blog until the weekend and then I am tired so just dont put too many hours in. It took me around a year before I started earning money. Other people may put in 4 or 5 hours a day every day and they will progress faster. With blogging though and when it comes to making extra money online with your blog, you need a bit of patience. If you have a passion for something then it is usually quite easy to turn this passion into a blog. It always helps if whatever you are writing about is something you really enjoy. If this is something that sounds good to you then I have written a few blogging guides to get you started here. Starting out blogging can be a bit of a minefield so I’m hoping these guides help. You can start your very own blog from as little as £5.99 per month. Siteground is who I use to host this blog and I have found them really great to work with. see their link below. Seeing as starting a blog is so cheap then there is nothing to stop you making extra money online from your new blog. 8: BECOME A PROOFREADER If you are always looking at how to make money online and keep seeing the same old stuff then try learning about how to get paid to become a proofreader. This is one of those great ways to make money at home by simply using your computer. Here in the UK I occasionally read a newspaper called the daily mail. I read it via an online app and every single page I read has grammatical errors and misspellings and it drives me mad (Frantically goes back through this post to look for misspellings!!) They clearly dont have anyone proofread their posts before they go onto the app and it makes me not read it as much. Im sure this is that same for other people. This can lead to you losing business so paying someone to Proofread emails, documents and other such media can be valuable and companies will pay you to to do this. Getting started Proofreading is a little harder but I would suggest setting up some profiles on sites such as People Per Hour Fiverr.com or Upwork. You can then offer up your services cheaply which will help if you have no experience. A lot of proofreading jobs will need you to have a degree unfortunately however there are lots of free courses online to help you get a good feel for Proofreading and can give you some background knowledge. If you love reading and spot mistakes easily then proofreading can be a great way of making extra money online. Read this beginners guide here and see how you feel about it. 9: TEACH ENGLISH ONLINE It sounds like you need to go off and get some kind of degree but trust me you don’t. You already have the gift of being able to speak perfect English and if you are looking at how to make money online then that is the skill you can use to do exactly that. I found out about this when my wife and I were hosting foreign students at our home. We got chatting to them and one group, in particular, said that a lot of the older students already speak good English but were struggling with conversational type language and how to sound more natural which must be an incredibly hard thing to do. They said that a lot of the students pay up to £20 per hour just to chat to you online and for you to give guidance on how they can sound more natural with their day to day chat. It sounded like a great idea of how to make money online so I got more information from them. Lots of companies are looking for people just like you to teach their students English and to reward you well for doing just that. It can all be done from the comfort of your own home with skype or in a zoom type meeting. Make sure to provide yourself with a quiet room and make sure there are going to be no distractions such as mobile phones going off or family members popping their heads in. So where do you go to find out more information and start making extra money online? Well, Education First is the biggest company and one im sure you will have heard of. You can build your own schedule although it does have to fit in somewhat with the hours the student is available. You can also teach the same student each time so you can build up a rapport and have a little fun with it. Click the link above and learn how to make extra money online by teaching students. 10: PUBLISH ANEBOOK With that handy website Amazon, you can write your own E-book and publish it on their site. The great thing is you dont even need to write it yourself if you dont want to as you can pay people to write it and also get people to design a cover for your E-book as well. The best way to prepare is to do a search on what keywords are doing well on searches within amazon and then base your E-book around those. As long as you are helping people learn something or solving a problem then you should see sales quite easily. It might help if you put your E-book up for free for a few weeks to gain some interest and some good reviews before applying a price. This E-book right here is the perfect example. How to write an E-book and sell it on Amazon step by step guide. Just remember you do not have to be an expert in something just a little more knowledgeable than your average Joe. 11:FREELANCE WORK In the current economic climate, we all find ourselves in, it makes sense to look for ways of how to make money online. Freelancing with skills you already have in your day job or skills you have in your hobbies can translate quite well when it comes to making extra money online. You can create a profile on sites such as Fiverr and Upwork and list the skills you have. You may be able to use a program like Canva really well to create Pinterest graphics or Wedding invites. There are people on Fiverr who get paid to play video games with lonely people which is a bit weird but shows that if you don’t think you possess a skill then you are probably wrong. FINAL THOUGHTS ON MAKING MONEY ONLINE IN 2021 This global pandemic has taught me one thing and that is the importance of making extra money online and having a passive income is paramount. How to make money online is now a more searched for term on Google now then it was at the beginning of the year. Everyone’s jobs have been and still are at risk and to have a second or third source of income is like a safety net in case the worst happens. Make sure you pick and try one of the making extra money online tips from above and see how you get on. I would love to hear some progress feedback in the comments.
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