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Wednesday, June 22, 2011

I Just Need Twelve Years and Ten Dollars

I had the opportunity to play golf yesterday afternoon for the first time this month.  Take a busy June and mix in plenty of rain and there is little time for golf.  But the schedule was light at work, and I was able to get out at 2:30 to meet a friend at the golf course and play 18 holes starting about 3:30.  We got the twilight rate for $20 which included green fees and a cart.  We managed to only get sprinkled on for one hole and finished before the rain came in full force.

I had such a good time that it got me to thinking of retirement.  If I could get all my debts paid off including mortgages over the next 12 years, then I could use the income from the rental properties to pay for living expenses.  Then if I could just get $10 per day from my blogs and other online sources, I could golf 3 afternoons per week at the twilight rate.  The youngest child would be 23 years old and out of the house so I would have plenty of time on my hands and could even have lots of time to do other things like travel. 

Now, I just have to come up with a workable plan on the debt since I figure I can get to $10 per day in the next decade fairly easily.

My Newest Site

You can now check out my newest site, Cash Flow Mantra, by clicking on the feed on the right.  I figured that I might as well share it for several reasons.  First, the majority of my referral traffic for OptionsDude comes from this blog so I would gain a likely source of traffic for the new one.  Second, it isn't some super lucrative niche that is easy to monetize so I am not all that worried about anyone stealing my ideas.  My ideas aren't all that brilliant anyway.  If someone thinks that my stuff which will be lucky to get $1 per month is worth stealing, go for it.  Third, I am sure that someone here might have some good comments or suggestions on the new blog so feel free to visit and comment.

Currently, you can get to most of my online ventures through this blog.  It is like the central hub for everything and allows you to see feeds from HubPages, OptionsDude, and Cash Flow Mantra.  I do have a few other content sites that have a little bit of material on them, but they earn nothing.  These three will be the main sources of income for this year.  I would like to develop another blog possibly geared toward sales and Amazon affiliate income.  I have an idea but I wouldn't even start that until after a few more months if I do it.

I am pleased with the progress that I am making with Cash Flow Mantra.  I have been working my fingers off commenting on personal finance blogs and gathering an audience.  It does seem to be working.  I bet by the end of the month, I will have as much traffic as at OptionsDude.  If I get any boost of traffic from this site, then I know I will have more.  It is probably because the site has a more broad topic than simply options.  Options are a fairly specific investment topic with a limited audience.

Feel free to stop by my newest site, read a few posts, comment on them, or come back here and let me know what you think.  As always, thanks for reading.  I appreciate it immensely.

2 comments:

  1. Great way to work out your goals, and I've not doubt you're going to far exceed them ;) I think it's a good idea to focus on a smaller number of sites for now, sounds like the blog commenting is doing really well for you :D

    ReplyDelete
  2. Ruth,
    The blog commenting is doing some good as far as traffic is concerned, but I need to get more search activity if I am going to get any earnings. But I am confident that it will happen in due time. I just have to keep building the site.

    ReplyDelete

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