Good News For Income Investors

Author: Steve Selengut

Looking for good news in today's markets is like searching for the proverbial needle in a haystack. Needless to say, practically all investment grade equities and nearly all closed end funds that specialize in providing regular recurring monthly income have been reduced in market value by this prolonged correction. The quake has spread in all directions from its financial epicenter, and the mounting doom and gloom has taken its toll on even the most rational investment decision makers. Try to keep in mind that the purpose of income investing is the income that your portfolio produces not an increase in the securities' market values---

So here's the good news (and for anyone with a 40% or higher income asset allocation, or an income portfolio being used for living expenses), it really is very good news. Base income levels, from the beginning of the stock market correction in June '07 until mid-July '08, have barely changed at all. In fact, they have probably risen in properly asset allocated portfolios. I have examined the regular recurring monthly income distributed by 56 taxable income CEFs and 61 tax-free income CEFs, and the conclusions are pretty remarkable.

In spite of the fact that the vast majority of my favorite monthly income producers are lower in market value than I would like, the amount of income they are distributing to shareholders has not moved lower meaningfully--- even though the Federal Reserve has reduced interest rates by approximately 60% during the past twelve months. Here are the numbers: (1) 48% of the taxable-income CEFs are distributing precisely the same amount per share as they did a year ago. Fourteen issues have increased their payouts and fifteen have reduced them.

The net result is a decrease of just fourteen cents (2.5% of the total monthly payout). The average current yield on the portfolio, as of mid July '07, is 9.86% without considering any capital gains distributions. Additionally, the group is selling at market prices that reflect an average discount of nearly 11% from NAV. Is that special or what? The bonds, preferred stocks, government securities are priced 11% below their current market values.

(2) The numbers are similar with regard to the 61 tax-free income CEFs: 46% have not altered their payout over the past twelve months; eighteen have reduced their payout slightly, and 15 have increased the monthly dole. The net difference for the group over the past year is less than one cent, or a percentage change of two-tenths of one percent. Remarkable. This group is selling at an average discount from NAV of 9.1% and has a current tax-free yield of 5.51%.

(3) Of 117 individual issues, about half have produced stable income. The others have accounted for a total payout reduction of less than 15 cents--- a measly 1.7%. Why is this amount of little consequence? Two reasons really.

First of all, a properly asset-allocated income portfolio does not disburse all of the base income it receives, so there is income available to reinvest in more shares of income producing securities. This process assures a growing cash flow to calm your fear of rising prices. The other reason is a bit more hypothetical. The Fed has lowered rates significantly, a process that normally produces higher prices for income securities. Eventually, those lower interest rates (even if global pressures convince politicians to take back some of the reductions) should produce higher prices (i.e., profit taking opportunities) in these securities.

Admittedly, even if your asset allocation has been fine tuned for years, lower portfolio market values in this area make stock market valuation shrinkage feel even worse. But the value of stable cash flow becomes painfully clear for investors who misguidedly depend on capital gains for their spending money. Properly asset allocated portfolios contain enough base income generators to pay the bills. The purpose of capital gains is to produce proportionately more base income generators.

The purpose of this email is simply to bring some needed sunlight into an investment environment that is far gloomier than I think it needs to be. If you want the details, you'll have to request them personally.

Article Source: http://www.articlesbase.com/finance-articles/good-news-for-income-investors-489418.html

About the Author

Steve Selengut
Sanco Services
Kiawa Golf Investment Seminars
Author: "The Brainwashing of the American Investor: The Book that Wall Street Does Not Want YOU to Read" and "A Millionaire's Secret Investment Strategy".

3 Reasons to Start a Passive Residual Income

Author: Lee Moss

Having a passive residual income flow can bring a lot of freedom and opportunities into your life. Following are 3 of the many reasons you should start building a passive residual income now.

1. Once you have built a residual cash flow, the money continues to come in after the initial work is done. You are making money even when you are not working. It comes in whether you are eating, sleeping, or taking a vacation. This really comes in handy if you become sick. Imagine you are stuck in the hospital for a few days or longer and your medical bills are piling up. At least you would still have cash coming in to help cover the expenses.

2. Passive income brings about personal freedom. If you build a large enough stream of residual income, you will not have to work for another employer or company. You can work when you want, take a day off when you want, spend time with your spouse and kids when you want, and take a cruise or trip when you want.

3. Residual income opens up a lot more opportunities. If you have a flow of money coming in that pays all your monthly bills you can take more chances. You might want to start your dream business. Having that passive cash flow can allow you to plunge into starting a new business without having to worry so much about failing. Many people fail in new business startups because they do not make enough early on to keep the business afloat. They cannot last long enough for the business to become established and feel pressure to make it an overnight success. Think about the times you had a great chance to buy something of value at a bargain price but didn't have the extra money for it. Someone else bought it and turned a nice profit. Or the times you could have invested in a stock before it fully took off (like Google). Having a passive income allows you to take full advantage of these opportunities.

Hopefully, this article has opened your eyes to the benefits that a passive residual income stream can bring to your life.

Article Source: http://www.articlesbase.com/online-business-articles/3-reasons-to-start-a-passive-residual-income-849434.html

About the Author

To learn more about building a passive income stream visit Happy Place Profits or my Residual Income blog.

Income Through Dividend Stocks

Author: Carl R Olsen

Just a few short years ago investing in dividend paying stocks looked like an excellent idea. In fact in as late as 2007, for example, it was known that dividends contributed to a large part of the S&P 500’s growth and not the stock price itself. In the last year things have changed however, and this last year was the worst year for dividend payouts since 1956 when the S&P started keeping track of this data. So what’s the future for dividend paying stocks?

Dividends have always been looked at as a reward to stock holders who remained faithful and loyal to the stocks they were holding. They are paid out over and above any price increase in the stock. This has been good for the investor and over time they can significantly raise the value of a person’s portfolio. However, dividends are paid out of profits the company is making, i.e., out of cash. If dividends were strong or increased in any given year that usually meant that the company was in a strong financial position, it expected to be able to continue to meet that dividend payout and it remained hopeful that profits were expected to be strong.

That was then, this is now.

Take a look at a few examples. Bank of America had been a strong dividend player before the stock market fell in 2008. They had been paying as much as 4.7% of the stock price in dividends. In October of 2008 they slashed their dividend by 50% on poor earnings and of course conservatorship by the US government. At the same time, Citigroup had been paying 4.1% and is now at a dismal.82%. But on the other hand, in the same time period, Proctor and Gamble increased its dividend by 10% to 3.5% of the stock price. Johnson & Johnson did the same thing, raising its dividend 6.5% and is now at 3.81% of stock price. What’s the difference?

In a word, earnings, more importantly, cash. J&J and Proctor & Gamble are in the staples market. During poor times they provide consumer goods that are needed regardless of the markets and economic conditions. Banks, on the other hand, went through poor earnings periods. The result: one sector has cash the other doesn’t. It is cash that drives dividends.

So, is this a market that can pay dividends? The answer lies in which sector you are looking at and which company in that sector. Those sectors and companies that have high sales or increased market share and which can translate this into cash are the ones likely to continue or even increase those dividends. Those who are lagging in sales, going through a restructuring or those that didn’t pare down in this economy and are therefore losing money are the ones that won’t be able to continue this practice. In short, like in all times, due diligence is called for. The old stand-by stocks that always paid well may not be the ones that will continue to pay their dividends in the short term. The ones that are flush with cash may very well be the players you should look at.

Article Source: http://www.articlesbase.com/investing-articles/income-through-dividend-stocks-1259777.html

About the Author

http://eirmoney.com

Generating an Income From Home - the Legitimate Way!

Author: Tony Thomas - Extensive Income

Nothing to lose in network marketing home businesses!

Home business network marketing has never been easier these days. With the emergence of electronic tools and other gadgetry, coupled with the Internet, your task has been chopped down in half.

Nothing can beat the business or opportunity that network marketing home businesses can offer.

Besides, how do you beat working at home in your blue jeans, never going to an office, and making more money than the people you might have worked for?

Once an network marketing business is established and well under way, a typical week might take as little as 3 to 5 hours of some form of enjoyable work to keep your business running smoothly. That’s it. It depends on your prefered level of involvement.

It does not take a rocket scientist to make a network marketing business work but the more you put into it the more success you will enjoy. There are also no magic bullets, books, software, devices, meetings, and tapes that can make it any harder or easier.

Many years ago, just the thought of network marketing, affiliate programs, franchises and home businesses were enough to scare people off. The reason? All the extra hours that people have to put in to make things happen.

There are also those network marketing home business programs that say they are the best. Only to turn out bankrupt in an instant. This and other reasons of the same kind have marked network marketing as phony and the people behind, not to be trusted.

If these people only had to think for a while, they would have realized that there is no such thing as best program and best company. The concept of being the “best” is depending on the characteristics inherent that is shown and is approved by others.

Reading, studying and learning about network marketing home business is the most effective way. Then it would be now up to the marketer to think how he or she can input those learnings in his own network marketing home business.

In order to build your business, you need to understand one simple aspect. It is a business and definitely not a hobby. Also remember that nothing is free. In fact some of the more successful marketers have realised that the more quality programs and ventures will cost some amount of money to set up, just like any other business.

Therefore it is best to understand up front that you are going to have to spend some time and money in establishing your business. Some may only require a once off membership fee and maybe a monthly admin fee to get your business off the ground, however membership fees may give you full reseller's rights to available products such as software etc. That means you pay once and sell the products as often as you can with all profits going directly to you.

Understand also that things being offered for free are not likely to be useful and effective. If things are free then you probably will get free stuff that would not work.

Find a product or service that you really like. Join a company that sells just that. Then build your own network marketing home business using a system that can work using the internet.

People all over the world have been using this proven method of generating huge incomes for many years and there is no reason why you can't join them.

Therefore, if you desire more income while still working a 9 to 5 job, or to build your retirement income then should seriously consider a network based home business as your vehicle for you and your family’s financial well being.

The Benefits in Summary

Working from home.

Work your own hours

Receive greater income in months rather than years.

Much easier these days due to technology.

Internet based environment

May only require a once off fee or small monthly admin fee.

Tony Thomas

Like to know more about home based business opportunites?

Visit www.extensiveincome.com

Exploring Home Based Businesses

Article Source: http://www.articlesbase.com/home-business-articles/generating-an-income-from-home-the-legitimate-way-103661.html

About the Author

Web Development Business Owner.
Web design, e-zine designs, e-marketing.
Web Hosting.
Graphic Design.
Print Marketing.
Retail experience of 10 yrs.
www.extensiveincome.com

Mutual Fund Ticker Symbol -- Wealth of Investment Information

Author: King Kovacs

In this age of information you are overwhelmed with data, news, facts and figures from the Internet, newsprint, and a variety of telecommunications. But, when you want and need immediate, concise, factual, and current information to make an investment decision, where is it?

An excellent research source that helps make investment decisions is a mutual fund ticker symbol. Mutual funds are assigned a five digit symbol (similar to the NASDAQ market symbols). The mutual fund symbol is your key to unlock a wealth of investment data.

Most Internet financial search engines provide all the information you seek to make a investment decision based on facts. Some excellent financial search engines are Finance.Google.com, Finance.Yahoo.com, LipperWeb.com.

To view the vast resource of mutual fund data that is readily available, the website requires the ticker symbol placed in the dialog box. Here is a thumbnail sketch of the invaluable type of source material provided.

Profile: lists the mutual fund's family - address - toll free number - name of the Manager and tenure - inception date - net assets - investment category - investment objective, etc.

Purchase: includes the minimum initial purchase - minimum initial IRA purchase - maximum 12b1 fee - maximum front end sales load - maximum deferred sales load - brokerage availability.

Performance: provides the current net asset value (share price) - year-to-date return - long-term average return - best one/three year total return - worst one/three year total return - performance vs. benchmarks.

Risk: shows the risk rating - 3 year Alpha rating - 3 year Beta rating - 5 year Alpha rating - 5 year Beta rating - total expense ratio.

Now that you are armed with the value of the mutual fund ticker symbol; you can find top mutual funds that are worth researching at www.largedividends.com (Mutual Finds Resource). Good luck on your investing future.

Article Source: http://www.articlesbase.com/investing-articles/mutual-fund-ticker-symbol-wealth-of-investment-information-249580.html

About the Author

King Kovacs is the Founder of Mutual Funds Resource (http://www.largedividends.com) was created September 26, 1999. The Website objective is to be an exclusive resource based on finding top mutual funds that 1) distribute large dividends (income/capital gains) and 2) maintain performance growth for the long-term. Every year thousands of mutual funds are screened and analyzed and a database of more than 900 mutual funds is created based on the distribution and performance.

Presently, within the database, the best 44 stock mutual funds serving 22 investment classifications have been selected.

To validate our niche, a mutual funds model (Investment Portfolio) was created and is updated daily. Always contact the mutual fund and read the prospectus before making an investment.

Freelance Writing Jobs - Anyone Can Earn 6 Figures Online

Author: Bud Audas

You cannot imagine how much money you can make through freelance writing jobs. Freelance writing jobs are just one of the many methods for making a full time living on the Internet today. You are probably asking "How can I get started?".

Below are just a few of the methods that I use to make money as a freelance writer. Follow these tips and you can also join the ranks of the freelance writers club.

#1: First you will need to find a popular niche and products in that niche to promote. It might be 'Work From Home' or 'Fitness' and could be something you have a great interest in. Now all you need to do is write articles on this niche and sell them through online marketing places.

#2: Who Will Buy My Articles? Content is king on the Internet and everyone wants new and fresh content to put on their websites. Mostly webmasters will buy your articles to put on their websites. You can sell your articles to places like Helium.com or  AssociatedContent.com. You can also join Elance and Guru.com and get paid to write articles.

#3: You can join a place called 'MPAM' (http://10000hits.net) and they will pay you per article you write. I know it doesn't sound like much but if you spend just one hour a day writing an article you can make an extra 0 a month. The first month is free then it costs a month but, hey just 6 articles and its free. They also have a ton of other ways to make money online as well.

There are many other websites which are offering as much as a page for quality written articles. How hard would it be to write 5 pages a day? Just do a search on Google and you will find lots of freelance writing jobs available.

If you are looking for a guaranteed and easy way to make an online 6-figure income. One that can be run in your spare-time from home, or anywhere in the world... then freelance writing is the answer to your dreams!

Article Source: http://www.articlesbase.com/article-marketing-articles/freelance-writing-jobs-anyone-can-earn-6-figures-online-444783.html

About the Author

To Learn the Secrets To Freelance Writing ... Click Here!
>> Freelance Writing Jobs!

>> Free Ebook - Start Making Money Online Today!

How to Earn Extra Income to Improve Your Life©

Author: Anthony Saunders

Extra cash can be the difference between struggling to survive or being able to have the things you want. Wouldn't it be nice to pay your bills and still have extra cash at the end of the month? If you're living paycheck to paycheck, you are in danger of a personal economic disaster. You have two things you can do to better your financial situation. The first thing you can do is decrease your debt. But that's easier said than done. Chances are, whatever debt you have can't be easily decreased. You can cut back on some things but the mortgage, car payments, credit cards and personal loans payments are pretty there until they're paid off. The other thing you can do is increase your monthly income. This is a more viable option. Increasing your monthly income can greatly increase your chances of avoiding a future economic downfall.

I would like for you to think about some very serious questions. What is your current financial situation? How financially stable are you or your family? Are you living life to the fullest or just existing? These are questions you should be asking yourself everyday.

In these tough and unpredictable economic times, with layoffs occurring pretty much on a daily basis, having extra cash or a financial back up plan is crucial. We are living in a time where a majority of people are one or two paychecks from losing all they have. One or two paychecks from living on the street. Many didn't have a financial back up plan. They spent and lived right up to limit of their means. And still today, there are millions of people without a back up plan. Millions of people that don't have some sort of extra income coming into their household. Don't let it be you.

What could you do with an extra 0 or 0 a month? If you are on a very tight budget, an extra 0 a month could ease the stress of paying your bills. If you are doing okay with your full-time income, then an extra 0 a month can help to make a change in lifestyle. An extra 0 a month is a new car payment, it's extra money that can go towards taking a vacation, it's extra money to do more activities with your spouse, it's extra money that can help a family member or friend in need of financial help, and that's just to name a few things and extra 0 a month could do for you. The bottom line is just an extra 0 a month can significantly change your life for the better.

If you want to ease your stress when paying bills, if you want to have extra income to buy a new car or just have extra income to be able to do more and get more out of life, then you need to take the steps necessary to find something to do that will provide the amount of extra income that you want so you can live the more fulfilling life you desire.

Article Source: http://www.articlesbase.com/business-articles/how-to-earn-extra-income-to-improve-your-lifecopy-792269.html

About the Author
Anthony is helping many people improve their lives by introducing them to an online opportunity that can increase their monthly income. If you would like to learn a proven system that can increase your monthly income and have the benefit of a step-by-step video coaching system help you thru every step of the way then please click the link and go to: http://www.ExtraCashImprovesLives.com/

Average Retirement Income Crisis

Author: Mark Walters

The average retirement income for baby boomers is projected to give them a near poverty level lifestyle. That's shocking!

I just don't get it. People in the U.S. seem so intent on spending ever nickel earned today without a thought to how they will finance their retirement. Warnings to our aging population have been published many times, so I won't repeat those frightening numbers here. It's enough to say that most folks just won't have enough savings or pension income to live comfortably in retirement.

Even for those who wake up and are ready to take action it's just too late save enough money to make much difference.

What's the solution? Most of these people must plan on generating a retirement income stream
if they expect to enjoy life. Yes, many will find some Wal-Mart type employment, but that will have a minimal effect on their ability to enjoy their last years.

The real answer is to create your own, independent source of retirement income. That will become important even for those people who do have a retirement plan in place.

The Inflation Trap

Washington's uncontrolled spending is creating an inflation trap for most retirement plans. After flooding the world with dollars to keep our economy from collapsing the Federal Reserve must put on the brakes by raising interest rates. That will send a shock through the economy and prices will begin to climb. Inflation will stalk the land for years.

Inflation robs each of us, because it makes every dollar worth less. Inflation cripples our buying power. Even those who planned well and have a source of retirement income will find that income will just not support anything but a very frugal lifestyle.

Higher prices and less buying power - Look at this headline from a major city newspaper in August, 2008:

RISING COSTS OFFSET STIMULUS CHECKS! Consumers Pinched as Report Shows Wages Stagnant!

In other words, prices are going up faster than even tax refund gifts from the government can compensate for. And this is just the beginning. Food, gasoline, travel and the basics of life cost more every week.

What To Do?

Face it, you don't have a minute to spare. You must get to work right now on a supplemental source of retirement income. This is most urgent If you have been relying on social security checks alone to support your retirement.

Even if you have planned for retirement income or have a promised pension, I can almost guarantee that what ever your monthly income is it will not be enough.

You must learn to earn through:

1. The Internet
2. The Stock Market
3. Real Estate

Any person can begin building a business and income through the internet. You can work from home at your own pace, there is not a steep learning curve involved and you can get started for as little as 0.

With some study and effort, after a few months you can find that you have developed a steady monthly. At that point you have some choices. You can continue building your online business or you can invest some of you income into dividend paying stocks or rental real estate.

If you will follow those steps I think you have a good chance of living a lifestyle you only dreamed about during your 9 to 5 years.

Article Source: http://www.articlesbase.com/finance-articles/average-retirement-income-crisis-529324.html

About the Author
Mark Walters is founder of CreatingWealthClub.com . That's where you can learn to earn. For a limited time Mark is offering his big guide to finding hard money loans for real estate investing free. Free guide to private money loans.  http://www.FindPrivateMoney.info

Creating Passive Income -- Finances

Author: Scott Huey

Personal growth is like everything else, it takes time and dedication. This time can be hard to come by working 12 hours a day. So I wanted to take this opportunity to talk to you about what you are doing versus what you could be doing. Right now you are probably working your tail off trying to support yourself and your family. Going to that 8-7 job can be a huge grind on you and your loved ones. Have you ever stopped to ask yourself why you put yourself through that? I bet when you do ask yourself that the next question your inner self asks is "what else can I do?"

Well, you could keep grinding yourself down year after year, you keep going to the same job day after day, doing the same thing hour after hour and then start the process over again. Or, you could go a different route and that route is creating passive or strings of income. Supporting yourself doing the things you love isn't as hard as you might think.

Let me first explain a passive income. Imagine if you will a thread and the thread is over a bottle. We can fill up the bottle by letting water drip down that thread into the bottle one drip at a time. It is a very slow process but looking at the positive side, we are indeed making some progress. But, what if we added another thread and did the same thing? Now we have two strings and we are adding twice as much water as we were before. So to get the bottle filled up we just need to keep adding more and more strings until we have a nice flow. That is strings of passive income and great financial opperatunity.

Don't get me wrong, we have to have little worker bees out there and we always will. There will always be people who just go along the same path as everyone else. I will never frown or look down on these people because they are the reason I can do what I do. They will never venture off and they will always stay the course they were raised to head. . But people like you and I think differently. Some people may say we are lazy, I disagree. I simply say we are better than that.

When you talk to friends and family about strings of income most will say doing that is pretty risky. Hmmm, let me share a scenario with you. So you decide you are going to take the safe route of life. You are going to get that 9-5 job and collect that steady ,000 a week paycheck. You have a nice house, nice cars and everything is great. One day you go to your 9-5 job to find out you have been down sized. You just lost every source of income you had just like that. Now, being logical...how logical does that sound to you? Does that sound like a safe plan to you? You have put all your eggs in one basket and the basket broke.

Tomorrow you will go to work for 8 hours and bring home say, 0. The next day you have to get up and do it all over again to bring home the same 0 and this happens every time you want to make 0. What if you want to take a day off? How much money will you then bring home. If you are like most people you don't make anything on your day off. But what if you do it the smart way? Say you have the ability to sit down for 8 hours and create an Ebook and sell it for a copy. Now your Ebook sells one copy a week. You might think that is not a good investment for your time but I did say one a week. After a year your 8 hours of work turns into 0. That is more than 5 times what you were making at your 9-5 job. Guess what, you can sell that book for years and it could easily turn into thousands of dollars from just 8 hours of work.

I know it is tough getting started, after all you are working 50 hours a week. Lets look at a productive vacation and a motivated year. On your vacation you could spend 8 hours a day creating little projects that could more than likely make you a week. So you create 7 projects and for the rest of the year you spend 8 hours a week creating a new stream of income or finish another project. At the end of the year you will have made over ,000 for 408 hours of work and that is the equivalent to an hour. The best part about the whole thing is if you took the entire year off next year you will still make over ,000.

So now you have quit your job because you now see you can do it on your own. Now you can take that time and keep generating more passive income. This truly has limitless potential for earnings. After a while you would take your strings of income and twist them into rope to manage them easier but then start working on making more money again.

The safety in this process is that if something went wrong with a flow of income how much will you be out? The most you would be out is 10% of your income but then all you have to do is replace that stream. Seems to me that that is a lot safer than getting fired from your job.

Now that I have given you the scenario let me tell you about all the benefits of passive or strings of income.

1. Invest some time in the beginning and then let the project generate income on it's own.

2. You pick the projects, you pick the time and days you want to do them.

3. Your passive residual income will work for you 24 hours a day 7 days a week.

4. If you want to make more money then all you have to do is create another string.

5. The sky is the limit for your earning potential.

6. Have more free time to spend time with your family,
friends or go on vacation.

7. You can create passive income that is not dependant on another company or the economy.

I know you are thinking "Wow, that sounds great but I need some examples of this passive income you are talking about." Well, simply those incomes are anything that can generate themselves after they are set up. Here are some things to think about...

1. Information Products - the Internet is great place to create
an Ebook that explains 'How to" information ie. How to Start
an Online Business, How to Buy a Car Without Getting Ripped
Off..anything that makes life easier for people. People are
starved for knowledge, therefore if there is a need all you have to
do is fill it, you can create an ebook and sell it on the Net.

2. Creating software products - If you have the ability and
if you have a good idea for a software product that will
help people do something faster, easier or teach them
something, then you may have a gold mine.

A friend of mine created a game that educates
kids about math. He then sells the game on
a CD to parents and schools all over the world.
He makes a nice passive income each month from
his initial investment of time, effort and money. The best
example is Bill Gates who created the Microsoft Corporation
selling the Windows Operating System.

3. Advertising commissions - if you have a web site that
attracts 1000s of visitors a day from the search engines,
you can offer to place a banner or link on your site for a
fee that you collect each month. You set it up once, then
collect the passive residual income.

• Newsletters,or ezines - offer advertising space in your
  ezine. The greater number of subscribers you have the more
  you can charge every time you publish.

• eBooks - offer advertising space in your ebook. Give the
  ebook away for free or even place links in it from
  affiliate programs.

• Google AdSense - place Google Ads on your web site. When
  someone clicks on the ad, you get a commission for every
  click. If you have 100s or 1000s of pages on your site, you
  can earn a substantial monthly income.

4. Create a membership site - if you are an expert in your
field and can provide the resources, knowledge and support,
you can charge a monthly fee to gain access to your
membership site. The more members you gain, the more money
you make. Because you are an expert in your field, you can
also recommend other products and services to your members,
from which you earn commissions.

To summarize everything you just read please understand that there are a lot of things one can do to generate more time and money in your life. You just have to evolve your way of thinking from the normal person. Once you do that the sky truly is the limit.

Article Source: http://www.articlesbase.com/wealth-building-articles/creating-passive-income-finances-467846.html

About the Author

Visit Scotts self help website "The Evolution of a Man" to get his take on what it is to evolve.

Plug in Profits Review

Author: Chris Peterson

Plug In Profits is the creation of Stone Evans. With thousands of members and just as many success stories to boot. But is it for real? Is this a profitable home business system that lives up to it's promises?

Stone Evans understood that if he built a website that marketed multiple affiliate programs, he could make more money than just offering one service or product. Thus Plug In Profits became a reality. Stone was having such success with the site that he built it into one of the Net's premiere affiliate programs.

In order to get your own Plug In site, you are required to get web hosting through Host 4 Profit and than choose your domain name. The next step is to join Empowerism as a paid member. After that you can sign up for free to the other affiliate programs that your new site will market.

You will make commissions on sales from the free affiliate programs that you are required to join as well. This is where the term "Multiple Income Streams" comes in when you hear about Plug In Profits.

After about 2 days you will receive a notification that your website has been built and you are than directed to Stone Evans 30 days of training. In this section you will get to look at your new affiliate website and your sales page to refer others to join.

As you work your way through the training you will understand just how excellent the training materials and information are. Stone leaves nothing out and you never go it alone as Stone also offers you free membership to the Warrior's Forum.

If you are unfamiliar with the warriors forum and it's members than you are in for a surprise. Some of the internets top marketers learned their money making secrets here and they are more than happy to help you along the way.

Stone has outlined the exact same steps that he used to make a fortune online with this exact same website he has built for you. Let me tell you now that this home business is not a "Get Rich Quick Program" by any means. This is a legitimate online business that will take marketing efforts and time for you to see success.

Members are called Pipsters for short and the system is referred to as PIP'S in the forum. Once you arrive at the forum, you will find a wealth of information and success stories from other members. This is a meeting place of affiliate marketers that help each other out and cheer each other when they have success. The forum environment reminds me alot of Empowerism's forum, very upbeat and positive.

Host 4 Profit hosting is rather expensive in my opinion. If it was not required to go with them I would opt for someone else. But there is a way around the cost every month. Every time someone signs up to get their own Pip's site from your marketing efforts, you receive a monthly commission of per person from Host 4 Profit. After you sign up 3 new Pip's members your web hosting is completely free and the sign ups after that generate pure profit for you every month in the form of residual income.

Another commission that you receive when someone joins Pip's through your website is a fast start bonus from Empowerism. After that you receive every month per person. So if you sign up 6 new people to pip's you receive 6 x =0 and 6x6 = every month from Empowerism alone. When I say 6 people I am giving you a low ball number. I actually have over 200 member's in my Empowerism downline alone. Empowerism is a "Top Notch Affiliate Program" that you can make alot of money with and learn everything there is to becoming a successful affiliate marketer.

SFI and Internet Marketing Center are two other excellent affiliate programs that your Pip's site will market for you. These are all well respected affiliate programs that have all been around for several years or more, so there are no fly by night programs involved with Plug In Profits.

Stone also gives you a 400 day pre-written newsletter that captures subscribers from your website. This is extremely powerful in more ways than one. First it allows you to follow up with your subscribers until they join Pip's. Second, it gives you and your home business credibility. By sending issue after issue of informative newsletters to your subscribers, you build trust and they are more likely to purchase from you and come back to your website again and again.

As far as cost goes, Plug In Profits is not cheap to get started. Start up costs around a month to go full tilt, with all the "bells and whistles', but is well worth it when your profits pay those fee's and than you are in pure profit.

It does take time, but like any business online or offline you will always have investment and efforts to put in to see success. I would rather start an online business that is completely set up for me to make money sooner than trying to start an offline business that takes years to grow and the investment is extremely risky.

Article Source: http://www.articlesbase.com/home-business-articles/plug-in-profits-review-221344.html

About the Author

Chris Peterson
Make money with Plug In Profits by visiting Chris's income opportunities reviews website. Chris rates the best income opportunities for you to make money online.