Another Day, More plan refinements

As I said in my previous post, I intend to be able to make $1500/month from at home sources. Some of you may be wondering how I plan to accomplish this Herculean task.

I will explain the details as I go along, but I have decided to focus on a few key areas, in approximate order of importance

1. Domain speculation and investing – I am just learning the ropes on this one, but I think it has great potential to bring in a passive income, as well as quick profits from flipping the more valuable domain names.
2. This blog (yes, the one you are reading right now) – At the time of this post, it does not have any monetisation strategies, but I will add some soon (its still very much a work in progress)
3. MyLot – This is a pay per post network, that I have joined recently, I do not think that it will bring in much income, but I am enjoying it currently, and I am making a bit of money. (If you do join, I go under the name DeepThought) – I might look at other pay-per-action things, but all of the others I have seen have too low a return on my time investment.
4. Any other web-based ideas I come up with and decide to work on (on the rare occasions that I have a little bit of time on my hands)
5. Interest on my savings – I am including this here for the sake of completeness, since it does not involve any effort on my part, but it does form a nice passive extra each month, since I have managed to get an account that provides 7-8% interest.

I will go into more detail on each of these as time goes on, I am getting them all here in one place as much for my sake as for anybody else’s.

[tags]financial independence, finance, money, earning, blogging, mylot, interest, saving, domain speculation, domains, domain investing[/tags]