Showing posts with label initial research. Show all posts
Showing posts with label initial research. Show all posts

December 28, 2008

So, what are the ways to make money online?

Honestly, the real money is in the trading of financial instruments: forex, commodities, stocks and bonds. That's where we want to be. However, such things are either:
  • low risk, but low return, or
  • reasonable return, but significant risk as well.
The low risk strategies require very large amounts of money before overhead is negligible (mid 7, if not 8 figures). The reasonable return strategies probably require 7 figures to comfortably generate 6 figure income. With a bit of luck we can bootstrap from low 6 figures, so that'll be our initial goal: $200k net.

Initial "making money online" research immediately turns up the following:
  • be paid to click (PTC), be paid to read (PTR) email,
  • surveys and mystery shopping,
  • be paid to write articles for content aggregators,
  • paid per click (PPC) advertising,
  • affiliate marketing,
  • ebay and amazon selling,
and several, at best, quasilegal and/or morally questionable options. I'll only explore ethical business options here and, happily, there seems to be no need to look beyond those options.

Being paid $0.003 per click probably isn't intersting to you, but each and every one of these options is generating money for someone, so we'll give each its due in upcoming posts.