Tuesday, October 14, 2008

Living Off Dividends and Passive Income

This was the inspiration for me to explore the internet as a place for residual income.

The website "Living Off Dividends and Passive Income" really demonstrates how one guy was able to increase his dividends and passive income slowly through various sources.

If that guy can do it, surely I can do it. But I must admit, his Living Off Dividends and Passive Income site is really well designed. My current blog is nothing compared to his and in terms of content wise, is also sorely lacking. Perhaps I should explore into creating more content rich sites instead of just creating a wide variety of blogs.

One thing I remembered reading of his website was that it was foolish for someone who was trying to make money online to start a website about making money online. This is simply because those people who are making money online are the experts and it will be unwise to venture into such a field where the people are more knowledgeable in terms of search engine optimisation, keywords sniping, generating traffic, etc. Instead, to make money online, one should look at creating a website that one has interest in.

Of the various make money online blogs, I rate Living Off Dividends and Passive Income 4 stars out of 5.

No comments: