07 March 2010

Choose A Strategy

A critical detail about being successful online is not only to choose on a strategy, but more importantly to stick to it.

That is all the more important for most passive income programs. Don't talk yourself into rolling it "one more time" to increase that earning faster. Stick to the plan.

Why? Simple.
If you've ever lost money through any investment type or passive income sites, you know exactly what I mean. It is so easy to figure it out on paper and think you'll be laughing your way to the bank in x number of days or weeks, and it's another all together to actually have it happen. What if the whole thing folds over before you take out any earnings? Then what? Nothing is what.

First, choose a strategy that will return your initial spent as quickly as possible.
Then, choose a strategy that allows you to withdraw on a regular basis, all the while increasing your initial spent to gradually increase the earnings.
Sure, it take a bit longer than the all-or-nothing approach -but it will get you there safer.

All right then. :)

Here's what's happening on the passive income side:

One spent in HugMoney is done (5 days cycle). As mentioned before, I am waiting for the 2nd spent so I can combine them, then will move to the 50-50 strategy talked about in the last post.

Looks like HyiFund is back on. I've turned off the compounding to accumulate cash for the next week.

My GeniusFund account is off to a good start. I've got this one at 50% compounding so I can withdraw a little every so often. Part of the strategy, he, he.

That's all for today. Short and sweet.
Good day!

- Work From Home -
Easy As 1-2-3

No comments: