The best for making money online?

I'm using http://www.googleadvertise.com as it's a program with many great tools.
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The best ways for making money online?

Really, unless you are a professional there aren't very many ways other than what you mentioned to make money online. You could start an affiliate website and tag your site with just about everything on the planet to draw everyone in.

Does anyone has effective way of making money online?

You can start with eBay for selling something. This is legit online business. eBay send payment via 'paypal' account so you also need a paypal account.