The Beautiful Mountain Town of Sapa Vietnam

Sapa is one of the naturally serene and lush towns in Vietnam. It attracts many travelers with its magnificent landscape, which features colorful tribal villages, French colonial villages, lush vegetation and numerous green fields stacked on one after another.

Sapa is also close to Fansipan, the highest peak in Vietnam. Nestled at an elevation of 4921 feet or 1500 meters, Sapa is in Hoang Lien Son mountain range, in the northwest region of the country. Because of its geographical location, the town's rugged scenery usually experiences being clouded by a warm mist, which only adds to Sapa's beauty and charm, and making it truly a unique place to visit.

Sapa is about 376 kilometers from capital city of Hanoi. Sapa has risen to be the most popular mountainous district in Vietnam. You will easily be charmed by the terraced rice fields, the ethnic lifestyle and the cool climate, inviting you to stay longer in Sapa than you intended. Becoming a tourist destination paved the way for the establishment of hotels and accommodation facilities in this town so you do not have to worry about finding a place to sleep during those tranquil nights. If you really want to immerse yourself into the Sapa lifestyle, you can also arrange for a homestay in one of the tribal villages.

One of the best things to do in Sapa is walk around the town early in the morning as the tourist crow is not yet in full swing. The town is small, so you can easily navigate your way on foot. In fact, everything in and around town can be explored on foot making the most popular activity in Sapa – trekking. Trekking to various villages is fun and adventurous. Just make sure that you have good trekking shoes or boots and waterproof bag. There are also tours that involve renting a bike or motorbike to explore the countryside and visit waterfalls.

There are other less rigid things to do while in Sapa. You can always visit other neighboring villages like the Lao Chai Village, by hiring local transport like a jeep or van. You may also watch ethnic minor dance performances, sign up for the Hmong sewing classis and visit noticeable attractions like the Han Rong Resort, Sapa Culture Museum, the Sapa Lake, Bac Ha weekend market and the European orchid gardens and colonial buildings.

Sapa is home to a couple of ethnic minorities such as the Dazao and Hmong. These people live a simple life and have managed to maintain their culture and traditions. It is a rewarding travel experience to visit their villages and learn about their way of life. You can ask them to be your trekking guide instead of getting one through the hotel. Other than agriculture, the tribes are also now relying on tourism for a living.

Remember to always be respectful and courteous when dealing with them, especially when taking photos; always ask their permission first. The best time to visit the town is arguably from September to October as this is the period when the rice fields are turning their color from green to yellow. During wintertime, the town receives more of that appealing fog. No matter when you visit Sapa , you will definitely enjoy this new pin on your travel map!

Make Money With Niche Marketing

You can have a good income with niche marketing, but you will have to do a certain amount of work each month to keep the site up to date.

It is interesting that many people try to start their online business by selling products on how to make money online when they are not successful themselves. But there is a lot of money to make online when you start to work in non Internet Marketing niches.

The best way to earn a good income is to have either a website or a blog which you host on your own website. That way you can have total control on what you include.

Once you have decided on your niche, you need to either write your own content or have some written for you. Then you need to have some products to promote.

Now you might think this is harder to do than it actually is. Stop, and think for a moment, if you are careful about your weight, how many diet books you have bought. You may have bought many that you have never read. But anyone with a weight problem will buy every diet book in the hope to find that secret diet tip that will get them slim overnight or in a short time without any work.

When a person is passionate about a subject, they will be ready to buy anything that will further their knowledge in that niche. Time and time again, people are doing this offline, and they will not change their habits because it is now online.

It may take time for them to build up confidence in you and your site, but with good quality information they will soon be aware of how trustworthy you are.

Within your niche you will learn other areas that people want, and will be able to promote those items as well. As you develop your niche site, you will be able to move into more and more products, and you will find that you are able to earn more and more money online.

Once you have a good plan, start created as many niche sites as you can, while maintaining a high quality standard. It's OK to start off small. If you can create one 5-page niche site a week, you will be doing very well.

There is money to be made through niche marketing but like any business online you will need to do some work.

Successful Internet Marketing – You Must Have Web Hosting

What is a Web Host?

According to Wikipedia, a web host is “a type of Internet hosting service that allows individuals and organizations to make their own website accessible via the World Wide Web.” Web host services run the gamut from small, local companies who serve only a few clients, to large, multi-national companies who serve millions of clients. Regardless of their size, all hosting companies have one thing in common: They all provide you with space on the hard drives of their web servers where you upload your website’s files.

Free or Paid Hosting?

This debate rages on in the Internet marketing community. On the one hand you have those who advocate spending as little money upfront as possible until your business actually begins to make money online. This is the approach I recommend. On the other hand there are those who say you “get what you pay for” and free hosting is unreliable. I beg to differ. There are several very reliable free web hosting companies that have excellent uptime records. I use and recommend 000WebHost.com; their free hosting package boasts 99% uptime and they have all of the features that are necessary to set up a successful Internet marketing website or blog.

What Features Do I Need?

This is the question I am asked most frequently by newbie Internet marketers. My answer: It depends. If all you are going to do with your Internet marketing website is set up a few informational pages and a contact page, then you don’t much at all–any free web host will do. If you plan to set up a blog, multiple sales pages, newsletters, etc., you are going to need a full-featured hosting package. At minimum, you will need a package that includes plenty of storage space for your website files and graphics, sufficient data transfer volume to keep up with your traffic, and one or more email accounts.

For hosting your own blogging platform such as WordPress or Drupal, you will need PHP scripting language and MySQL database support. Also, many of the useful software tools and scripts that many Internet marketers use require PHP and MySQL to function. Most web hosts, including the one mentioned above, support this, so you shouldn’t have any problem in that department.

Finally, you will need to have access to your host’s server. All web hosts offer some type of graphic interface into your web space so you can configure and maintain your site, the most popular being cPanel. CPanel hosting is the de facto standard for most hosting services these days and there is plenty of information and training available free on the web.

Discounted Cash Flow Modelling to Achieve Personal Financial Goals

A discounted cash flow or DCF model is a style of calculation linking streams of future money flows to lump sum amounts. Discounted cash flow models have a range of business-related applications, and are used extensively by economists, accountants, actuaries, engineers, business valuators, finance professionals, and others.

For example, a company may wish to finance a project if (and only if) the Internal Rate of Return exceeds 10% per year. The anticipated development costs for the project may be large for the initial year. On the other hand, significant revenues are anticipated for Year 2 onward. The company directors rely on a DCF model to help determine whether or not the project's Internal Rate of Return exceed their 10% threshold.

Discounted cash flow models also have important applications in everyday life that are often overlooked. For example, consider auto dealers who advertise low finance rates to prospective clients. From a car buyer's perspective, low finance rates are understood to be good, since they mean lower monthly payments. By using a DCF model, a buyer can determine the monetary value on the low finance rate offer.

Everyday use of a Discounted Cash Flow model would include (but would not be restricted to) the following:

  • Mortgage Refinancing: For homeowners with a fixed-rate mortgage, refinancing often debts paying a penalty. A DCF model can be used to calculate whether the interest savings exceeded the penalty cost
  • First-Time Home Ownership: First time home ownership involves many new costs, and can be intimidating to many of us. A DCF model can help by comparing long term home ownership costs against rental costs
  • Lease or Own Vehicle: A DCF model can help car shoppers in their decision whether to buy or lease a vehicle

Examples of these and other everyday applications can be viewed at the author's website.

Through the above (and other) practical applications, Discounted Cash Flow models can assist all of us in achieving our personal financial goals.