Monday, April 30, 2007

Online Investing & Other Income Programs

"If you would like to know the value of money, go and try to borrow some." Benjamin Franklin


How time flies! More than a year has elapsed since my last post. I can offer a thousand excuses for not posting for such a long time but the truth is that I have been too lazy and did not have the motivation. But things have changed and I will definitely be posting regularly from now on. I now have a totally new perspective and better understanding of what the internet has to offer. The internet has made it a level playing field for people like you and me to succeed provided we put in efforts to learn the skills necessary for online success.

There are so many ways we can earn a decent living online. The possibilities are varied and range from Ebay, Google Adsense, affiliate programs, multi-level marketing, ebooks, online marketing and online investments to name a few.

Online investing has always fascinated me. The range of online investment programs are so diversed and can be mind-boggling at times. The internet is rife with scams and ponzis and it is almost like a minefield. It takes a lot of experience to identify the genuine programs from the scams and ponzi programs. And to gain the experience, you certainly have to pay the price. It is almost inevitable that you will lose money to scammers when you start out but accept that as the "tuition fees" that you pay for getting your "education". Even genuine programs are also not fail-safe. A program that has been performing flawlessly for months may suddenly collapse when the owners make overly risky investment decisions. But don't despair....there are some sterling programs that can provide you a steady income stream but always remember to diversify into a few programs. Never put all your eggs in one basket. I know this sounds so cliched but it is particularly true for online investing. And also never invest money that you cannot afford to lose. Do some due diligence on the programs that you are thinking of investing in. These are some of the cardinal rules you must observe for online investing.

In the weeks to come, I will be sharing with you the programs that I have invested in. These are programs that have proven themselves and have a good track record. But of course past performance is not a guarantee of future performance. You will have to bear that in mind too. For those of you who would like to explore these programs, you can click on the links listed under "Reliable Online Programs" . This list will be updated on a regular basis so do visit my blog frequently. And when you do visit my blogs, kindly click on the ads by Google. I offer you my heartfelt thanks in advance!

To close off this post, I would like to share with you this funny quote about money:

"When shit becomes valuable, the poor will be born without assholes." Henry Miller