Is Amazon Mechanical Turk worth it? What is Amazon Mechanical Turk? Is it a scam?
Yes. Easy Money. And No.
Let me explain.
What Is Amazon Mechanical Turk?
Well let’s start with the basics. Amazon Mechanical Turk is a marketplace for work that requires human intelligence. It is a place where “Requesters” and “Workers” can go to post “tasks” or to complete tasks. These tasks are also known as “HITs”. HIT stands for Human Intelligence Task. It is a job that will be paid upon satisfactory completion. A Requester is someone who posts these HITs and pays when they are completed. A Worker is someone who completes HITs and is paid for each one they complete.
What Kind Of Tasks Will I Be Completing?
All sorts of strange and seemingly pointless tasks! Some HITs that I’ve seen range from transcribing audio clips to copying information shopping receipts to labeling pictures and of course taking surveys. The beauty of these tasks is they are all for the most part brainless. They are super easy to complete with very little thought and attention paid.
This is an example of an HIT that I’ve completed quite a few times. Continue reading
Dividend Aristocrats: 25+ Years Of Consecutive Dividend Growth
Dividend Aristocrats are companies within the S&P 500 that have increased dividends for at least 25 consecutive years. Dividend Aristocrats can be found in many different sectors and they are all large cap, blue chip companies. They have maintained their dividend increases through adaptations in the market, a resilient business model and consistent earnings growth. These companies have done quite well against the overall market in terms of returns. These companies have proven extremely successful but they are not quite as illustrious as Dividend Kings.
Over the last 10 years the S&P 500’s annualized return has been 7.2%. Over the same time period the Dividend Aristocrats Index has return an annualized 10.2%. A full 3% higher than the market! Over this time period dividends have accounted for 31% of the markets total return.
This chart highlights the difference in total returns between Dividend Aristocrats and the S&P 500 from 1990-2014.
Blue chip dividend stocks are often recognized for Continue reading
Dividend Kings Are The Ultimate In Dividend Stocks
Dividend Kings are companies that have increased their dividend for AT LEAST 50 consecutive years! That’s an amazing statistic to think about. A company must be extremely successful, resilient and basically timeless to pull of this incredible feat.
The slightly less impressive group with 25+ years of dividend increases is called Dividend Aristocrats.
There are currently 18 Dividend Kings:
American States Water (AWR)
Cincinnati Financial (CINF)
Dover Corporation (DOV) Continue reading