One of the reasons I want to have independent income
This is way off topic, but I just had to let you all in on the pride of Illinois. This is one of the reasons I strive for forms of independent income. So that I can make a living from anywhere on the planet. Because if this guy opens his mouth one more time, I am outta here.
How to sell covered call options | Option Trading System
How to sell covered call options | Option Trading System
Here's a great explanation of selling covered call options. Sounds really scary, but it's not. This is something I have been interested in for a long time. The concept of "recycling" your passive income into other passive income streams is truly an exciting concept. Read this post and let me know what you think about this strategy.
Selling for others on eBay
Sorry for the long time between postings, it seems the holidays got the best of me this year! I hope everyone had a nice holiday season. I have kept after my online income streams, concentrating on writing for eHow, completing some surveys, and something new that I stumbled on....
After a conversation with a friend of mine who works at a trucking company, we agreed that I would market some of the things which he finds from broken pallets and items left behind on trucks. Apparently, after the carrier insurance is settled, the trucking company was throwing the items in the dumpster. When he asked if he could take them home, he was told to get the stuff out quickly because it was crowding the loading docks.
We were discussing my efforts to make a second income online when I suggested that I market his collection online. This solved a problem for him, because he could get the stuff out of his garage and get a much better price than he could locally, even after my percentage share.
I sold some things on eBay and even found some places online to sell directly to used equipment suppliers for some of the more industrial stuff. This turned into a nice arrangement for both of us. It gave my online efforts a nice year end boost as I was able to clear $312.50 for my efforts. This has been by far my most profitable venture online.
I would encourage you all to look around for opportunities like this because it really is a win-win deal for everyone involved. People that you and I both know who have little knowledge of the internet just can't grasp the massive market that can be reached. They are grateful to pay a part of the sale proceeds to you because, if you didn't sell it online for them, it will probably end up on next summer's garage sale 50 cent table.
This isn't passive income. It takes some research to find what things are worth and what sites will give you the most for your items. Bit I have to say it can be well worth your time. I estimate I made about $60 per hour doing this in December.
Let me know of any experiences you have had doing this.....
Passive Income- Writing for Ehow
There is online income, then there is online passive income. I like the idea of doing work once, then getting paid for it over and over. Last month I read about writing articles for eHow can be a source for passive income.
Today I completed two different surveys, which will pay me a combined $5.25. It took me about 30 minutes for the two. If I had taken the same amount of time and wrote an article for eHow, I could be making passive income from the article for as long as it can generate page views.
I am not a writer by any means, but I have written a total of 3 articles so far. The income comes when people read your article, then click on Adsense ads on the article page. This is hard work for me, but I am getting to enjoy it. I am an architectural restoration carpenter by trade, so I am going to be working on some articles in the home maintenance and repair genre. I also like to cook, so I will go there also.
There is an excellent ebook "How to earn Passive Income at eHow.com Residual Income for Web Content Writers" written by Writergig who is currently making over $1500.00 per month with her eHow articles! I bought this because it was recommended by a blogger I respect and it didn't dissapoint. It's $25.00, but I figure the tips and pointers in there will pay back that investment in no time. Maria really delivers a lot of information in short, quick read reference book.
Check out eHow.com and see if you get excited about the possibilities like I did. Click here to view more details
SurveySavvy.com provides another income stream
I have belonged to SurveySavvy.com for about six months. They are another reputable survey company that pays regularly. It usually takes about three or four weeks to receive a check once you request one. I don't get a lot of invitations to complete surveys from this company, but when I do, they usually pay well. You can not only make money by completing surveys, but also by referring other people (just like I am doing here!). Registration is simple and straightforward-fill out a short profile form and you are ready to start receiving surveys.
A Review of Opinion Outpost for Surveys
Most of the paid survey sites you see out there are just rubbish sites that you need to sign up for a service or subscription in order to get paid. But over the course of the last year I have found a few reputable sites I'll share with you. For full disclosure, I do get a referral fee if you join through my link, but know that I regularly receive money from completing surveys through these guys, they are an honest straight-up operation.
Opinion Outpost is the one of the main sites I use for completing surveys. Surveys are not going to make you rich overnight, but they are a nice way to make some bucks while watching a football game, or when you are waking up. I love to tell my wife when she wakes up that I made $3.00 already that morning! This site pays by check when you have reached $5.00 in earnings, and they arrive within a couple of weeks.
We use these little checks only for paying off debt. We refer to them as "snowflakes" (referring to Dave Ramsey's snowball method of paying down debt. Snowflakes start to make a snowball....get it?) It's our head game we use to keep motivated. I'll share some more survey sites with you soon.