Centsable Too – December income report

Your ads will be inserted here by

AdSense Now!.

Please go to the plugin admin page to paste your ad code.

December has been an awesome month.  Tis the season, for buying online…

In truth, if you look at what I have made online though, and the effort I have put in, it’s all very pitiful.  But I have learned a lot, and I will summarise it all below.  But first, the numbers:

Blog – Arthritic Chick

Four posts this month so I wasn’t exactly prolific.  But two very important things happened this month.  One, RA Warrior http://rawarrior.com/ideas-for-relieving-rheumatoid-arthritis-pain/ had a blog carnival, and published one of my blog posts. And two, I was profiled by everydayhealth.com  http://www.everydayhealth.com/rheumatoid-arthritis/managing-arthritis-and-sjogrens-syndrome.aspx

The referrals from these two major sites have boosted my traffic considerably!  1829 unique visitors for December.   Traffic has been slowly growing every month (November was 1180 uniques, October 956, September 721) but this has been a huge month for December.  Breaking it down, 217 came from RA Warrior, and 153 from everydayhealth.com.  Still, when you subtract those visits from the December total, I still would have gotten 1459 uniques for December, so traffic is growing very nicely organically.  This is very much reflected in the advertising revenue.  It’s still tiny in actual dollar value, but showing great improvements.  Gives me hope J

December, adsense.  More than double my previous best month.  $15.60

Onwards to infolinks…almost triple!…$14.30

Total this month:  $29.90

By far the best month ever.   It looks to me like it’s a simple equation…more traffic, more ad revenue.  Well, DUH!  Getting sustainable traffic is the issue…again, that’s just time.  More of my posts are indexed now, and getting traffic.  I just need to keep posting quality content, and the revenue should continue to rise.

I’m also enjoying connecting with other RA sufferers.  So even if I never make more than this, I think this site is worth more than its dollar value to me right now.  Still, it is starting to get decent traffic.  I have to look into other ways to monetise.  I am building my facebook likers and twitter followers.  This is going to be a big focus area for me in 2013.  I have dabbled with social media marketing, it’s time to work it properly.

Online store – Pilates DVDs

 

Five orders this month, nine DVDs sold.  If only ever month could be like this!!!  Obviously it’s the Christmas effect…I hope in January people’s New Year’s Resolutions to get fit might work for me too!

Your ads will be inserted here by

AdSense Now!.

Please go to the plugin admin page to paste your ad code.

Also, I got this lot of stock much cheaper.  So I am actually making about $12 per sale.

Total this month: $108.00

Again, by far the best month ever.  BUT I am almost out of stock. So just as I am getting close to breaking even on the website expenses, I need to fork out for more stock.

Should I do it?  I’m still thinking.  For this website to really pay off, I need to expand the product range, do some more SEO for wider terms.  At the moment, my personal circumstances mean that I just can’t afford to buy stock.  So that decision is made for this month.  Revisit next month!

 

TOTAL INCOME FOR THE MONTH OF DECEMBER

Total this month:  $137.90

Why can’t every month look like this?  LOL.

So what have I learned this year?

That making money online is just plain hard work.  It takes a lot of time, and a lot of effort, and there are no guarantees.  That the returns are tiny for the first few years.  But I do believe that with continued effort, the rewards will come.

My next post will be a run down of all my income for the year, and where it came from.  And my thoughts about it.

Your ads will be inserted here by

AdSense Now!.

Please go to the plugin admin page to paste your ad code.

Centsable Too – November income report

Your ads will be inserted here by

AdSense Now!.

Please go to the plugin admin page to paste your ad code.

I have been doing a lot of thinking this month.  Too much thinking, not enough doing.  And the month reflects my lack of work.  Making money online is Hard Work.  I have suffered from a lack of motivation, due to spending many, many hours for a tiny return.  It is hard to keep reminding myself that in time, it will all pay off.

Nevertheless, I need to consolidate my efforts.  And explain my thinking.  Onwards to the income report and then I will blog about my conclusions…

Blog – Arthritic Chick

Only two posts this month.  Frankly I have been very sick this month…the posts reflect that.  But strangely, the income does not.  What I *have* been doing is posting more motivational posts on my facebook page.  These are getting some likes and comments.  This could perhaps be driving more interest in my blog?

November, adsense.  One of my best months!  $7.26

Onwards to infolinks…$5.43

Infolinks is also looking good. I had 1180 uniques this month – about 250 better than last month.  Looking at analytics, the vast majority is coming from google.  And only 44 referals from facebook!  So it’s not facebook…

Looks like my content is just starting to rank for more terms, and I am getting more traffic in general.  So it’s time to renew my efforts at making this blog an excellent resource and full of valuable information for rheumatoid arthritis sufferers.  Do this and the income will follow.

All together, a total income of $12.69.  For the month.  By far my best month ever.  Time to re-double my efforts here.  It’s a very personal project…but it is paying off emotionally, and the income is growing. I’m also getting messages and comments from people telling me that my blog is helping them cope with their disease.  That’s worth a lot to me!

Total this month:  $12.69

Total last month:  $7.93

Improvement:  $4.76 or 160% improvement on  last month’s income.

 

Online store – Pilates DVDs

One sale, of two dvds.

Sales = 1 orders 2 DVD sold!

Your ads will be inserted here by

AdSense Now!.

Please go to the plugin admin page to paste your ad code.

Profit = $7.41 per dvd

Total this month: $14.82

Total last month: $7.41

Improvement:  200%

Logolove website

Logolove is still not ranking for anything in google. Still too depressing to do anything about. I know I could try and resurrect the site, but considering the hassles I’ve had with outsourcing the designs, people refusing to pay, and now google, this one might just be one to chalk up to experience.

Total for this month: $0.00

Profit:  $0.00

TOTAL INCOME FOR THE MONTH OF OCTOBER

Total this month:  $27.51

Total last month:  $15.34

Improvement:  $23.30 or 179% improvement

Starting to look better.  My blogging earned me almost as much a my DVD sales.  The DVD profits would be excellent, except I am not selling enough.  The Australian market is just too small to make a decent income out of this niche.  But it has taught me a lot, and I am starting to think about a product that I could see that I can sell more off.

The problem is always laying out money for stock.  It’s a big investment.  On the whole, the pilates dvd site has been running for a year, and I am about to break even.  Soon I will be making pure profit…until I need to layout money for stock again.

The Arthritic Chick site is coming into its own, and I need to monetise that traffic.  Spend more time on twitter, more time on facebook.  More time writing quality reference articles.  Less thinking, more doing!

On to next month…

Your ads will be inserted here by

AdSense Now!.

Please go to the plugin admin page to paste your ad code.

Centsable One – Online Income December 2012 – A Year in Review

Your ads will be inserted here by

AdSense Now!.

Please go to the plugin admin page to paste your ad code.

December actually finished OK.  I’m still waiting on a couple of day’s income from one site, but the amounts aren’t material so I’m going to go ahead and report the month and year’s income!

My goals at the beginning of the year were lofty – if you’d like a chuckle, you can read it here.

If not, well, my goal was to build a $200 per month income stream from each of 5 location independent income sources.  What that really means is that I wanted to be able to make $1000 a month by the end of 2012 without being tied down to an office.

Well.  I failed.  Big time.

That doesn’t mean I’m giving up though.  If nothing else, I’m persistent.

Late this year, I also learned that there are experts out there at what I’m trying to do, and that I should learn from them.

My mindset changed over the last couple of months of the year and I’m hoping that the momentum I’m starting to see (from taking experts’ advice) continues, and wasn’t just due to increased year end traffic.

Time will tell, I guess.  For now, here is what my year looked like:

Total Result December 2012 – $239

Total Result 2012 – $1,747

Made up of:

Income Stream

December 2012

2012

Dividends and Fixed Interest    

$171

$1,074

Blogging

$35

$320

Affiliate Income – Amazon

$13

$62

Content Mills

$20

$266

Kindle Publishing

$0

$0

MicroJobs

$0

$25

TOTAL

$239

$1,747

 

If you’re interested in the details – read on!

Dividends and Fixed Interest

This income stream was the least work, and also my most successful – mostly due to investments made in previous years, however.

July peaked at $277 which actually exceeded my goal this location independent income stream.  It was the one and only time across all 5 income streams this happened, so it’s something to get excited about – for me anyway.  Remember, I’m an accounting nerd.

December was my second best dividend month all year, at $171.  This amount was helped along by a nice surprise.  A company I bought many years ago looking for a capital gain (we won’t talk about the unrealized loss from holding this investment), paid a dividend.  A special dividend – no doubt prompted by the fiscal cliff (which has been averted, for now).

Target – $200 per month

December 2012 Result – $171

2012 Result – $1,074

Dividends

  • $7 from Vanguard Senior Income Fund (VVR)
  • $2 from the Realty Company (O)
  • $9 from RYN
  • $4 from JNJ
  • $30 special dividend from PIKE
  • $106 from Wespac (ASX)

Interest:

  • $13 from high yield internet savings account

Blogging

Target – $200 per month

December 2012 Result – $35

Income is back to pre wordpress migration levels on my passion blog.  Now to got it moving upwards again!  I think I’m still seeing the benefits of moving this blog to wordpress coming through.  Honestly, without giving away too many details the CTR rate is up, from when this blog was hosted on Blogger and income is creeping upwards too.  Let’s hope it continues next year….

Affiliate Income – Amazon

Target – $200 per month

December 2012 Result – $13

Your ads will be inserted here by

AdSense Now!.

Please go to the plugin admin page to paste your ad code.

2012 Result – $62

My hubs at HubPages did no better during the Christmas shopping season than any other month.  Despite this, affiliate income is at its highest all year…Yeah I know, $13 isn’t much to write home about, but it’s moving in the right direction.

Most of the income here came from a blog I started a couple of months ago…

New Affiliate Blog

This blog is taking on average about 30 minutes a day of my time.  Some days it takes less, some more.  Traffic and income have increased since last month.  Just how much is due to the Christmas shopping season remains to be seen.  I’m not ready to declare this site a success or failure, but I am ready to say I’m a social media convert…

Statistics 1 -31 December, 2012

Visits – 238

Unique Visitors – 187

Page Views – 807

Bounce Rate – 56%

New visits – 77%

Of the 238 visits:

56% came from Search

29% from Referrals

14% Direct

Income:  $9.07

You can compare to last month’s stats here.

Content Mills

Target – $200 per month

December 2012 Result – $20

2012 Result – $266

December delivered another Google algorithm update (Merry Christmas!) that saw my HubPages traffic decimated.  The smack down only lasted a week or so, but it had a big impact on income.  CPM’s also continue to fall in my niche.  I remain undecided about whether or not to continue writing on this platform of move all the content to my blog in the same niche.

Meanwhile, seasonal content boosted income on Yahoo Voices.  Overall, though, income in this category has been sliding…

Kindle Publishing

Target – $200 per month

December 2012 Actual – $0

2012 Result – $0

I had such high hopes for this income stream.  And honestly I still do, since I think I’ll be able to leverage my existing blogs to market anything I write – as long as it’s in the right niche.

Micro Jobs

Target – $200 per month

December 2012 Result – $0

2012 Result – $25

Mid year, after losing my job, I panicked.  I was looking for income – any income.  I learned that if I needed a couple of dollars a day to make ends meet/keep food on the table I’d work these sites.  They most definitely have their place.  As a means of earning income to report here monthly? I think my time is better spent working more long term passive income streams.

Summary:

When compared to my goals, I could look at my year as a dismal failure.  But I won’t. Instead, I’m choosing to focus on how much I’ve learned, and focusing on leveraging that in 2013.

Results don’t come in a nice linear growth pattern month after month.  Income goes up and down.

I made and will continue to make mistakes. Some mistakes creamed my income for a month or two.  Then there are things I can’t control – Google Panda/Penguin anyone?  I can’t control whether Google thinks my blogs or the content mills I write at are quality or spam.

On the flip side, the more I take the advice of the experts the more I’m finding ways to save time and do thinks more efficiently.

This brings me to my 2013 goals.  As crazy as it sounds, I’m going to leave my goal the same.

“Shoot for the Moon.  Even if you miss, you’ll land amongst the stars” kind of wraps it up.

In 2013, I just hope to get a little closer to the moon.

http://www.sxc.hu/profile/OctaviusB (Photo credit)

 

Your ads will be inserted here by

AdSense Now!.

Please go to the plugin admin page to paste your ad code.

Social Media for Making Money Online – Do I Have To?

Your ads will be inserted here by

AdSense Now!.

Please go to the plugin admin page to paste your ad code.

I’m an introvert

Introverts aren’t necessarily, shy, rude or antisocial – we just like time to ourselves to recharge.  Being around a lot of people for a long time can be somewhat of a sensory overload.  Quiet time alone with our thoughts helps recharge the social battery.

As an introvert I have shied away from social media.  Two reasons really.  I like my privacy, and well, sorting through other peoples thoughts just isn’t my idea of fun…more like information overload.

I also want to make my living online

After attending a 3 day seminar last weekend, I have come to accept that making money online means embracing social media.

The seminar was the Laptop Millionaire Summit – if you have a chance to go – DO!  I f you don’t have a chance to go to the summit buy the book!

During one of the sessions Corinna X brought a member of the audience up on stage, chose an affiliate product, and tweeted it (with the audience members affiliate code embedded) to roughly 16,000 Twitter followers.

The whole process took about 5 minutes.

The following morning the audience member checked her clickbank account.  She’d made $153 while she slept!

Until that moment my attitude to social media had been like a teenager’s attitude to cleaning his room – Do I have to?

The live demonstration changed all that.  I now accept the power of social media, and by using it ineffectually I’ve been missing out on a lot of potential traffic to my websites. (There’s three now – I started a new project this month, which I’ll post about separately).

Scared of Facebook, Okay with Twitter

Now, I’m still scared of Facebook.  I’m terrified of liking something stupid and it being sent out to my 14 Facebook friends (told you I was scared of it!)

So I’ve decided to get started with Twitter.

Building a Twitter Following

The social media live demonstration Corinna X performed at the Laptop Millionaire Summit taught me two things.

  1. Social Media is not to be ignored
  2. You can’t monetize a social media account without any followers.

So I’ve accepted that I need to make much better use of social media – Twitter, for starters.  But how the heck do I build up a twitter following of 16,000 (the number of followers the twitter account used in the live demonstration)?

Your ads will be inserted here by

AdSense Now!.

Please go to the plugin admin page to paste your ad code.

Well, Corinna X provided that information and more.  Simply follow people in your niche.  40% will follow you back out of courtesy.

So, armed with that information I begin my Twitter experiment.  I’m taking a newly set-up Twitter account (for my latest website – it’s a month old) and I’m going to try build my following.

At the start of this experiment on 30 November 2012, that Twitter account had 11 followers….

Come back periodically to check on my progress!  I’ll try to keep the table updated daily!

Date Followers
30 November 2012

11

1 December 2012

21

2 December 2012

25

3 December 2012

34

4 December 2012

47

5 December 2012

64

6 December 2012

81

7 December 2012

85

8 December 2012

97

9 December 2012 104
10 December 2012 114
11 December 2012

 

Your ads will be inserted here by

AdSense Now!.

Please go to the plugin admin page to paste your ad code.

Centsable One – Online Income November 2012 – Building a Location Independent Income

Your ads will be inserted here by

AdSense Now!.

Please go to the plugin admin page to paste your ad code.

Not a stellar month, on the online income front, but given that I’m no longer focusing on generating income for the current month, I’ve spent a lot of time on projects that if successful won’t payoff for a couple of months yet, I’m okay with the results.

I also invested in my education this month.  I took 3 days out, (not always easy to do when you have kids!) and attended an internet marketing conference.

I not only learned heaps, but it re-kindled my desire to make a living online which I will admit had waned somewhat over the past months.

I learned that I know what I need to do.  I just haven’t been doing it. I’ve been looking for an easier way.

Sometimes you just have to do the hard work up front.  Hopefully, the breakthrough will come.  With that in mind, I started a couple of experiments this month also.

Total Target Income – $1000 per month

Total Result November 2012 – $103

Made up of:

Income Stream

November 2012

Dividends and Fixed Interest    

$43

Blogging

$29

Affiliate Income – Amazon

$5

Content Mills

$26

Kindle Publishing

$0

MicroJobs

$0

TOTAL

$103

If you’re interested in the details – read on!

Dividends and Fixed Interest

Target – $200 per month

November 2012 Result – $43

 Not much to report here. My purchase of Johnson and Johnson stock went through early in the month and will pay its first (tiny) dividend next month.  Sharebuilder also sent me a coupon for a free trade – a Black Friday offer – that I quickly accepted.  I have until the end of January 2013, I think, to use the free automatic trade.

An income trust (VVR) I bought into before the GFC raised its payout this month by almost $1.  Unfortunately the trust suffered through the GFC and a raised payout is nice, but this investment still owes me – big time.

November’s breakdown of dividend and interest income includes:

Dividends

  • $7 from Vanguard Senior Income Fund (VVR)
  • $2 from the Realty Company (O)
  • $4 from Proctor and Gamble (PG)
  • $18 from Boardwalk Partners (BWP)

Interest:

  • $13 from high yield internet savings account

Blogging

Target – $200 per month

October 2012 Result – $29

Income on my passion blog is coming back up to pre-wordpress migration levels.  I’ve been spending a little more time writing on this blog.  I lost enthusiasm a few months ago thinking that it was proving to be too hard and too time consuming.

But a few days away at seminar has re-kindled my interest in this blog.  I’m hoping that income in the blogging category will continue to rise.  But that can only happen if I implement some of the things I learned at the conference….stay tuned for next month’s results!

Affiliate Income – Amazon

Target – $200 per month

Your ads will be inserted here by

AdSense Now!.

Please go to the plugin admin page to paste your ad code.

November 2012 Actual – $5

Black Friday resulted in a couple of Amazon orders.  I am not doing as well in this category as I have in previous years, at this time.  That’s what you get for not updating product articles before black Friday.  Lesson learned!

New Affiliate Blog

The new blog I started last month also generated its first affiliate income.  It was less than a dollar, but I hope this will grow as traffic does. This site currently is only monetized with Amazon affiliate links and as such will be reported in this category.

I thought it might be interesting to record some stats for this site and see how it grows month to month.

Statistics 1 -30 November, 2012

Visits – 127

Unique Visitors – 90

Page Views – 349

Bounce Rate – 48.03%

New visits – 69.29%

Of the 127 visits:

51% came from Search

32% from Referrals

17% Direct

Income:  $0.51

This month I’m also using this site for a bit of a social media experiment, but that’s worth its own post.

Content Mills

Target – $200 per month

November 2012 Result – $26

Hubpages income continues to fall – at a time when I would have through eCPM’s and traffic would be increasing.  I’m not going to do anything about it at this stage – just note the trend.  It’s also driving me to post my content on my blog in preference to HubPages…

Yahoo Voices! Traffic and income, however, increased this month.  I have a couple of holiday related articles that always bring a bit of an income boost at this time of year.  My average income has hovered around the $3 a month mark for the past 6 months.  This month it jumped to $5.  It should stay around the same level for December, then drop down again.

Never underestimate the power of seasonal content.  Makes me wish I’d written a lot more seasonal Christmas content on this site.  It’s produced a reliable bounce in income for 3 years now.

I still like having the diversity of income streams that this category gives me, so I’m not going to give up on it.  Unless the downward trend on Hubpages continues…

Kindle Publishing

Target – $200 per month

November 2012 Actual – $0

Nothing to report here, which embarasses me to no end.  This was the income stream that I was most passionate about at the beginning of the year.

Micro Jobs

Target – $200 per month

November 2012 Actual – $0

Summary:

$103 isn’t a stellar result, but I’m hoping to see some improvements in income early in the New Year.  And next year I’ll have a year over year comparison…but more on next year’s goals at the end of the month.

Your ads will be inserted here by

AdSense Now!.

Please go to the plugin admin page to paste your ad code.

Centsable One – October 2012 Income Report – Building a Location Independent Income

Your ads will be inserted here by

AdSense Now!.

Please go to the plugin admin page to paste your ad code.

Overall, October’s income rates as the second best month I’ve had all year.  But once again that is due to a large dividend payment that comes in once a quarter.

As for my online incomes from blogging and content mills?  Well they are down.  A lot.  But given that I made a conscious decision to move from a short term view (my focus was on spending time on activities that I knew would generate reportable income in the current month) to a long term view (ignoring the impact on this month’s income report), I’m not going to worry about that – yet.

So onto the numbers and a look at where I have been spending my time this month.

Total Target Income – $1000 per month

Total Result October 2012 – $184

Made up of:

Income Stream October 2012
Dividends and Fixed Interest    

$130

Blogging

$21

Affiliate Income – Amazon

$5

Content Mills

$28

Kindle Publishing

$0

MicroJobs

$0

TOTAL

$184

 

If you’re interested in the details – read on!

Dividends and Fixed Interest

Target – $200 per month

October 2012 Result – $130

Again, General Electric’s (GE) quarterly dividend has provided a nice boost to this month’s income.  I keep meaning to diversify this $100 per month investment into another stock, but recent increases in GE’s stock price means my 10 plus year experiment in dollar cost averaging may finally be paying off.

I also put in a new buy order this month for JNJ (here’s the reason I chose to buy this company).  The order won’t execute this month.  Given the reason is a hurricane in the New York area that has resulted in people losing their homes, livelihoods and sometimes their lives, I think I can live with waiting to officially own a small bundle of JNJ. The first dividend from this investment won’t be due until December this year.

Another activity undertaken in this category this month was some much needed bank account housekeeping.  This has been on the “to do” list since February – yes, I’m a procrastinator!  I finally opened an Australian high yield internet account.  I’ve had a small emergency fund earning 0% interest all year.  Moving this money into an account yielding almost 5% means a small boost in fixed interest income starting November.

September’s breakdown of dividend and interest income includes:

 Dividends

  • $6 from Vanguard Senior Income Fund (VVR)
  • $2 from the Realty Company (O)
  • $8 from Altria (MO)
  • $105 from General Electric (GE)

Interest:

  • $9 from high yield internet savings account

Blogging

Target – $200 per month

October 2012 Result – $21

Income on my passion blog is slowly creeping upwards after migration from Blogger to WordPress.  The reason?  I finally got around to redirecting the traffic from the old blogger pages to the new WordPress pages.  The pages I knew were bringing in most of my traffic.

Your ads will be inserted here by

AdSense Now!.

Please go to the plugin admin page to paste your ad code.

In 2 weeks the redirection plug-in has redirected, wait for it, 400 hits.  No wonder my traffic and income have been down.  The redirection plug-in log also highlighted that the set-up of one of my affiliate ads on the site was incorrect.  Unfortunately, it took me almost two weeks to realize it.  And I was about to blow off the affiliate test as a failure, but again, from the redirection plug in log, I can see readers are clicking on the affiliate ad, they just aren’t getting to where they are supposed to, when they do.

Over the last couple of month’s I’ve hinted that maybe my passion blog isn’t where I should be spending my time.  Though I enjoy blogging on this topic it is very time consuming and really not generating a lot of income.

With that in mind, I started a new blog late this month.  One that is going to be monetized via affiliate offers.  More on that below.

So income is up from last month ($17) but down from the $30 highs I had been seeing.  There is even more going on here than I have room to detail here – the two advertising networks I monetize the site with have been are producing different results now than they were a couple of months ago too.  But that is definitely a post of its own.

Affiliate Income – Amazon

Target – $200 per month

October 2012 Actual – $5

This month’s result is from an order placed in September that shipped this month.  I was hoping it would be the start of the holiday shopping run up.  But so far, it doesn’t appear to be the case.

I’ve started a new site, an affiliate marketing site which will hopefully add to the earnings in this income category. I don’t expect to see any huge sales here for a few months.  It’s a new site, so search engine traffic is zero.  Promoting a new site takes time.  As does putting up the content to entice readers to buy.

I have high hopes for this site for next year, though.  This site is a product driven site.  I hope for most of the revenue to come from product sales, but I may include advertising over time – hopefully private advertising.  But that needs credibility…this is a long term project.

Content Mills

Target – $200 per month

October 2012 Result – $28

Most of my income from this category has been coming from HubPages.  When I first turned on the Hubpages Ad Program I was very enthusiastic.  But with over 6 months of data under my belt now, I’m noticing some disappointing trends.

And I’m not the only one.  There is a distinct feeling of discontent on the Hubpages forum again.

At a time when I would have expected cpm’s to rise – for the holiday season – cpm’s have been constantly dropping.  That of course affects income.

My first HubPages account is now showing about the same income as it did under Google Adsense alone.  And my second account where I post content that is in the same niche as my passion blog is also showing dropping income due to cpm reductions.

Given that I also blog on this topic, I can compare cpm’s between the two platforms.  My blog produced a cpm result in October over $1 higher than Hubpages.

I really hope that these results are temporary and that things will pick up.  Because, honestly, I like Hubpages.

Kindle Publishing

Target – $200 per month

October 2012 Actual – $0

Nothing to report here.

Micro Jobs

Target – $200 per month

October 2012 Actual – $0

I have changed my focus to longer term results rather than desperately trying to earn an income to report this month.  With that in mind I spend no time on Mechanical Turk this month…

Summary

So there you go.  From on online income perspective, the results this month are disappointing.  But since I’ve spent most of the month on activities that won’t generate results for weeks if not months, it was also expected.  Let’s hope taking a longer term view bears more fruit than focusing solely on activities that produce income this month.

Your ads will be inserted here by

AdSense Now!.

Please go to the plugin admin page to paste your ad code.

Centsable Too – October income report

Your ads will be inserted here by

AdSense Now!.

Please go to the plugin admin page to paste your ad code.

I keep saying the same things here…hard month, illness, etc.  So lets just skip that, I think you all get the point.  Quite frankly, at this point, if I COULD get a job, I would.  But with my current health conditions, no one will hire me, and I couldn’t show up, even if they did.

So.  Persevere.

There are some improvements this month, let’s focus on those…

Blog – Arthritic Chick

I have noticed that when my Rheumatoid Arthritis is quite bad, I like to post about it.  It’s a release, a place to vent, and even connect with others going through the same thing.  So I did 8 posts this month.  That has translated into my highest income month yet for the blog.

October, adsense.  Looking better this month.  $4.02

Onwards to infolinks…$3.91

Big improvements there…traffic has been pretty stable, so its just the vaguaries of who clicks what.  Infolinks has also undergone some changes last month.  So niches have benefitted, others have tanked.  Looks like mine has benefitted somewhat.

All together, a total income of $7.93.  For the month.

Total this month:  $7.93

Total last month:  $3.72

Improvement:  $4.21 or 213% improvement on  last month’s income.

The bigger point was that I enjoyed the blog this month.  I got some great comments this is really heartening.  I am helping people with my blog, and that makes me feel good.  I don’t see it ever being a big income spinner, but as long as it’s showing steady growth, and I’m getting some positive feedback from it, it’s all good.

 

Online store – Pilates DVDs

One sale.

Sales = 1 orders 1 DVD sold!

Profit = $7.41 per dvd

Total this month: $7.41

Your ads will be inserted here by

AdSense Now!.

Please go to the plugin admin page to paste your ad code.

Total last month: $7.41

Improvement:  0 or 0%

Logolove website

This month was very eventful for LogoLove, and not in a good way.  Google has totally dropped the site.  It’s not ranking for anything.  Clearly its fallen foul of one filter or another.  I am still researching why.

I was so close to page one for several terms…just as it was about to pay off, it’s gone.  Completely. As in not in the top 200.

I am still researching why. But my initial feeling is that this site is dead now.  It seems that once google pings a site, its dead a long time.  More research required…but frankly its too depressing after all the work I have put into this site.  I’ll just let it sit there for a few days.

Total for this month: $0.00

Profit:  $0.00

TOTAL INCOME FOR THE MONTH OF OCTOBER

Total this month:  $15.34

Total last month:  $11.13

Improvement:  $4.21 or 134% improvement

Again, pretty awful, on the whole.

 

It seems those June and August, which I had hoped were the high points of an ever increasing trend were not so.  They were glitches.  Especially August, where I made $148.67 and thought that I was finally starting to see my work pay off.  Perhaps not.  It’s harder than that.

The problem is, apart from the LogoLove site, which is clear now what has happened, I am doing the same things every  month.  It is in the hands of google what happens.

I need to sit back and analyise things more deeply and focus in one or two areas, rather than spreading myself so thin.

And I need some money fast.  So.  Thinking caps on.  Strategy change time.  And a lot more DOING and LESS talking about it.

On to next month…

Your ads will be inserted here by

AdSense Now!.

Please go to the plugin admin page to paste your ad code.

Investing for Dividend Income – Food, A Recession Resistant Industry

Your ads will be inserted here by

AdSense Now!.

Please go to the plugin admin page to paste your ad code.

Investing in companies that provide products that are required in good times and bad is a popular philosophy for recession proofing an investment portfolio.

Food is obviously something that consumers will keep purchasing regardless of the state of the economy.  The type of food we buy may change – less filet steak, and more rice and beans – but unless we are self sufficient, we will continue to buy food.

Then the choice becomes, which of the myriad of brands in the supermarket do you invest in?  Fortunately a graphic over at Frankly Speaking distills this and makes the task a little easier.

If you want to invest in a major player in the US food (or grocery) industry, there are really only 10 choices – well actually 9 because one of the majors – Mars (master Foods) is privately held.

For me the choice becomes 8 companies, because I already hold a very small investment in Proctor and Gamble (PG) in a Sharebuilder account.  (If you really want to know how small, you can work backwards from the dividends I report in my income reports – go on – prove to yourself you can do the math!)

I have been holding onto my next modest bundle of investment capital until the “right” time.  But I’m thinking one of these recession resistant investments may allow me to invest now and use the free brokerage coupon that Sharebuilder sent me for my birthday (it has a use by date that is rapidly approaching)

So before we look at the numbers, here comes the disclaimer:  The following information is provided for informational purposes only and is not advice to invest (or not invest) in any company or stock.

Now that’s out of the way, let’s look at the numbers as at October 11, 2012.

I’m a dividend investor, so that’s where I’m going to start; with the dividend data for the current year.

For the record, I use the term investor lightly here.  I fully admit my analysis is not very sophisticated, which is why I purchase small positions in many dividend paying companies.  That way, if I really mess up, the impact shouldn’t be too horrific over the long term.

Company Stock Ticker Price Dividend Yield Months Dividend Paid
Kelloggs K

51.60

1.76

3.41%

Mar, Jun, Sept, Dec
Mars * Privately Held

-

-

-

-
Unilever UN

36.92

1.17

3.18%

Mar, Jun, Sept, Dec
Proctor & Gamble PG

68

2.25

3.30%

Feb, May, Apr, Nov
Nestle ** NSRGY.PK

65.5

1.77

2.72%

Annual
Kraft *** KRFT/MDLZ

46.46

4.50%

Coca Cola KO

38.11

Your ads will be inserted here by

AdSense Now!.

Please go to the plugin admin page to paste your ad code.

1.02

2.68%

Apr, Jul, Oct, Dec
General Mills GIS

39.5

1.32

3.34%

Feb, May, Apr, Nov
Johnson & Johnson JNJ

67.97

2.44

3.58%

Mar, Jun, Sept, Dec
Pepsico PEP

69.82

2.15

3.08%

Mar, Jun, Sept, Jan

Ease of Trading

First of all, the table isn’t complete.  There are three companies I’ve annotated with *’s.  I’m going to exclude them from my choices at this level, for the following reasons:

*             It turns out that Mars (or Masterfoods) is a privately held company.

**           Nestle is a Swiss company that is traded on the Pink Sheets in the US.  I don’t have the energy to find out if my discount broker trades in pink sheet companies.  That and it only pays dividends once a year.  Though when a company pays dividends probably shouldn’t be a key concern when purchasing a stock, unfortunately, right now, it is for me.  Though I did just discover that Nestle was the world’s most profitable company in 2011.

***        Kraft recently split into two companies.  One, KRFT, trades in the US business and the Other MDLZ is all the European business, emerging markets and snack foods.  As much as Mac ‘n Cheese is a big hit in our household, there are just too many unknowns at the moment.  Though KRFT is rumored to have a 4.5% yield going forward…

I’m going to eliminate P&G as well – I already hold a small position in P&G and though I’m happy with the investment, I’m still trying to diversify my portfolio rather than build up the positions.  Right choice?  I don’t know. But I did just read an article on seekingalpha that makes a pretty fair argument that P&G is overvalued.

Dividend Yield

The dividend yield on the remaining stocks starts at a low of 2.68% for Coca Cola to a high of 3.58 of Johnson and Johnson. Given the variance is less than 1% I’m not sure I’d exclude any of the companies based on their current yield, though Coca Cola is a little on the low side.  I have however wanted to purchase both Coca Cola and Johnson and Johnson stock for a while.

Dividend Aristocrat or Achiever?

I know for a fact that Coca Cola (KO) and Johnson & Johnson (JNJ) are both dividend aristocrats (companies that have boosted dividend each year for at least 25 years) but I’m unsure about the others.

A quick internet search brings up another seekingalpha (Link below) article that analyses valuation of dividend aristocrats.

Turns out, Proctor and Gamble (P&G) and Pepsico (PEP) are also dividend aristocrats.  Though Kelloggs (K) has paid dividends consistently since 1985, dividends were flat for a few years in the early naughties excluding them from the Dividend Aristocrat and Dividend Achiever category.  General Mills (GIS) has paid steadily increasing dividends for 9 years, also putting it just outside of the dividend achiever category.

The article rates Pepsico (PEP), Coca Cola (KO) and Proctor and Gamble as moderately overvauled and Johnson & Johnson as a good dividend aristocrat to buy.

http://seekingalpha.com/article/919351-blue-chip-dividend-aristocrats-there-is-a-lot-of-value-in-this-market-part-4

So what will I buy? – Johnson & Johnson

Since Johnson and Johnson  (JNJ) has both the highest dividend yield, is listed by on group of experts as a buy amongst dividend aristocrats, it’s going to the top of my list.  Though to be fair Goldman Sachs did recently downgrade the stock, resulting in some price weakness.

I’m going to take that as an opportunity to buy and lock in a nice yield (for the US market).

The company’s debt is relatively low – a bonus during times when debt is the scourge not only of individuals and companies but entire nations as well.

Dividends have been increasing at a rate of 8% but the payout ratio is a fairly high 72%.  While some would argue that a high payout probably means a slowing down of dividend increases I’m going to bet that after 49 years of dividend increases I can pretty much lock in future dividend increases.   I suspect no one of the Johnson & Johnson management team wants to go down in history as the guy (or gal) that toppled JNJ from its Dividend Aristocrat post.

Your ads will be inserted here by

AdSense Now!.

Please go to the plugin admin page to paste your ad code.

Making Money Online – Taking a Long Term View

Your ads will be inserted here by

AdSense Now!.

Please go to the plugin admin page to paste your ad code.

I’ve been doing a lot of analysis of my attempts at making an income online and through dividend stock investments.  During this process I’ve even considered quitting.  Why?  Because the money just isn’t there.  Yet.  I’ve been blogging in obscurity and writing for content mills for about 2 years.  Mostly part time.

What do I have to show for it, so far?  The news isn’t so good.

The short term view

In 2011, I averaged an income of $2.81 per article/blog post.  This year is looking better so far, but I’m still only averaging $3.76 per article/blog post at the time of writing.

It’s an improvement, but at the rate of an additional $1 per year in average earnings per article, I’m still quite a few years off earning minimum wage…and that’s assuming that I can churn out an article in an hour.  Which I can’t.  But I think I’ll just gloss over that fact for now…

Changing Perspective

I’ve been stuck on the short term perspective because of circumstances.  When I first started to make a serious effort to increase my online earnings two things were foremost in my mind:

  1. Our family budget was in dire straits going backwards by $1000 a month.  It was the first time in over 10 years that I was in credit card debt and my finances were unsustainable.  There is a little more to it than this blanket statement, but again let’s just gloss over that – for now.
  2. To make matters worse, I knew that my full-time 9-5pm job would disappear around the middle of 2012.  The actual event came 2 weeks later than expected, but it did happen.

These two reasons had me concentrating on building an income NOW.  I had an income to replace and a budget to balance.  Add to that a failing marriage and you have the perfect panic scenario.  I spent my time on tasks that would produce immediate, albeit small results.  That is not a scenario for growth, as my income reports have proved.

The culmination of my short term view probably came when I signed up for Mechanical Turk – a crowd source, micro jobs site owned by Amazon.  Here, Turkers perform HITs (Human intelligence tasks) for requesters for mere pennies. Beginning Turkers will average between $2 and $5 an hour…often less while you come to terms with quickly finding profitable HITs to work on.

Trying to build an immediate cash flow turned out to be quite stressful.  I don’t work well when I’m stressed.  I never have.  I like life to be easy – or at least as easy as possible.  That isn’t to say I mind hard work – I don’t – its working under constant pressure that I mind.  That I find stressful.

Your ads will be inserted here by

AdSense Now!.

Please go to the plugin admin page to paste your ad code.

I know this about myself, so I tend to be a planner. The longer term I can plan, and the less pressure on the current moment, the better.

I like big emergency funds and accounts stocked with cash – just in case.

So I’ve changed focus.  Instead of building an income for the current month, I’m going to assume my basic income needs for the next year are taken care of – that my whopping great emergency fund is sitting in a bank earning interest ready for me to spend on next year’s needs.

That means the income I’m earning now won’t be needed until 12 months from now.

My longer term view

So if I do assume my income for 2013 is set, I can start working on stocking the account for 2014.

The big thing this means is that I should no longer prioritize churning out 500-600 word blog posts that I know will average me $3 – $4 in income quickly, and spend time on longer term projects – like finishing off those Kindle eBooks I have half written on my hard drive.

Since I’m no longer relying on this month’s activity to fund this month’s expenses, the pressure is off, and hopefully I can produce a product that will deliver a more sustainable and regular income stream – in the long term.

I think this new approach will work for me.

How do you work?  Do you like long term projects or prefer the hustle bustle of finishing many shorter tasks quickly?

Your ads will be inserted here by

AdSense Now!.

Please go to the plugin admin page to paste your ad code.

Living off Dividend and Interest Income

Your ads will be inserted here by

AdSense Now!.

Please go to the plugin admin page to paste your ad code.

Over the past few months I’ve been reviewing the future of my location independent income streams. This meant taking a good look at what was working (even modestly) and what was not.

It quickly became apparent that my dividend and fixed interest income stream was by far the most consistent and most passive income stream.

So I started researching what it would take to generate an income to live off from dividends and fixed interest investments.

I already knew that thousands of retirees lived off the fruits of a lifetime’s hard work and investments, but how many younger individuals were doing it?

Well turns out the news is good.  There are a number of individuals already a long way down this path.  and they have blogs!  I .have in the past built up a reasonable sized dividend paying portfolio ( which was sold to finance a house purchase), but that was before the global financial crisis.  Though I don’t regret the house purchase, I have missed that almost $20,000 a year from dividends and interest.

That portfolio of stocks was supplementary income for a couple of DINKS.  I cannot think of a single instance where our personal finances required us to dip into that income stream.  It was generally just reinvested.

So my experience last time didn’t include managing the portfolio to generate a reliable and consistent income.

Back to the internet.  There seem to be two prominent methods for managing your portfolio with the purpose of generating a living wage from your investments.

1.  Live off the dividends as they are paid

Proponents of this method suggest that you spread your dividend investment across companies that pay dividends each month of the year.  This is easier to do in the US market where companies pay dividends on a quarterly basis.

Your ads will be inserted here by

AdSense Now!.

Please go to the plugin admin page to paste your ad code.

The big downfall of this method is that you are making when companies pay dividends a major criterion in your selection of investments.  This is likely to be an issue when you start out.I can testify, that is true.  Unfortunately, I am guilty of making an investment because of its dividend payout schedule.  So far, it hasn’t hurt me, but I’ve also never gone back to see how the “also rans” turned out.

Sometimes ignorance is bliss.  Yet, in my latest investment analysis,dividend payout schedules still impact my decisions.  Especially When I’m reporting earnings here.  Since, March, June, Sept and December are dismal months for dividends in my portfolio, I will likely purchase a stock that pays out in those months – assuming some other basic tests are passed.

2.  Build a buffer cash account between your dividend payments and your living expenses.

The theory here is that this year’s dividends get banked into a cash account where they accrue interested until the cash is needed to meet your living expense needs.  Next year.

This would mean you start each year with a cash account equivalent to 12 months of living expenses.  It acts almost like a giant emergency fund, but it doesn’t protect from unforeseen expenses, but from lumpy, or irregular dividend payments.

While I am currently firmly embedded in the first method, my preference for takings longer term outlook means that I am very drawn to the second way of managing my portfolio income….

That leaves me with two tasks:

1. To build my dividend paying stock portfolio; and

2. Fund the cash buffer account with 12 months of expenses…

Back to my spreadsheets….

Your ads will be inserted here by

AdSense Now!.

Please go to the plugin admin page to paste your ad code.

Related Posts Plugin for WordPress, Blogger...