My site is an advice blog that describes the numerous methods I used to make real money online, meaning I received a check in the mail that cleared. I will also describe my frustrations, failures, and successes with making money on the internet among other related things in life and the real world.
Tuesday, January 4, 2011
Think Like Wall Street
When it comes to making money on the internet, think like an investor or stockbroker. What I mean by this is that you should diversify and multiply your streams of income. This concept is used by investors and stockbrokers on wall street. These people know that you must diversify your stock (or investment) portfolio with numerous types of stocks and bonds to make money. The stock market goes up and down each day which makes it difficult to gain any revenue. Investing all your money into one stock is too risky because all your money can be easily lost in an instant. But if your money is spread out in different stocks and bonds, the risk of losing money is lessened and the probability of increasing revenue is heightened. This applies perfectly to making money on the internet. The more websites you join (or the more online investments you have) the more money you make, it's that simple.
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