Building Your Online Portfolio

Building your Online Portfolio

So you want to start earning online and have invested some
of your hard earned cash in a couple of online programs but
have you really thought about what you are investing in.

You wouldn't simply roll off the street into a real estate
agency and purchase a house to rent out without looking at
the area first and seeing if there was a good rental market
and similarly you wouldn't invest all your money into shares
in just one company before looking into it first.

As any financial advisor and in fact anyone with a little
common sense will tell you - you should spread the risk.
You do not invest all your money into high risk new venture
companies or put it all into property. Similarly, if you
want to make a good return you don't just leave it sitting
in the bank.

Earning a living online or a little extra cash is no different.
You must consider all the options carefully first and then
only invest what you can afford to lose and SPREAD THE RISK.

You should look to put your money in a number of different
online companies and investments. No I don't mean join every
opportunity going and spread yourself across so many different
opportunities that you don't know whether you are coming or
going, but you should have a balanced portfolio of opportunities.

First you consider how much time you have to put into a new
online venture. If you don't have much spare time look to invest
in passive programs that require no recruitment or downline
building. And yes there are some of these that work and are stable
and will be around for the long haul but you must be careful.
Even if you are planning to promote another network marketing
MLM or affiliate program you should have some form of passive
program in your portfolio to build up funds.

Again when investing in passive programs spread the risk. For
example I have invested money into 4 passive programs, 2 fairly
low risk ones, one I would class as low to medium and a higher
risk opportunity for quicker returns. Number one rule - NEVER
INVEST more than you can afford to lose, number two - SET YOUR
GOALS. If you want to earn an additional $500 a month, then
invest enough to do this but ensure you withdraw the rest and
do not be tempted to invest more for a bigger return. All these
programs carry some risk and you should always aim to at least
make your capital investment back and then just invest the
profits.

As an example in my portfolio I have a weekly subscription to
J3V (http://www.j3v.biz/index2.php?rgawith) and YMMSS (email me
at support@computerincome.net for details) in order to build up
a good residual income in a couple of years time. These are both
stable companies that have proven themselves and have a good track
record. I therefore consider these low risk (and this is only my
opinion) and I am using these to build up a residual income without
the need to recruit. I have then invested in FundBiZGrowth
(http://www.fundbizgrowth.com/SOSRGawith.html) which doubles your
money every 6 weeks - I consider this a slightly higher risk program
but one in which their could be good returns. Finally I have invested
in DollarMonster (http://easychairclub.com/dm/moreinfo.cgi?u=rgawith)
- this purely a double your money quickly program and I consider it
a fairly high risk as it requires a constant flow of new people to
pay out. I am using this program simply to make some quick cash to
plough back into the other programs.

So whilst these passive programs are building you residual income
you need your main affiliate or network marketing program which
you will concentrate on promoting and which will give you a an
immediate source of income. Now I actually own and run my own
program at http://www.earnmoneyhere.com but I am also an affiliate
of RecipeSwap (http://www.recipe-swap.com/members/rgawith/) which
I think is a goof stable and fun program to promote and make a
good second income. However, it does not matter what your main
affiliate or MLM program is so long as you concentrate on promoting
it and building your affiliate team or downline.

Then as with any business you need to ensure you have the right tools
and resources for the job. If you worked in an office, you require
office equipment, if you have a shop you need display racks etc..
working online is no different...you need the right tools and resources.
I use Isoregister ( http://www.isoregister.com/9810354341/rgawith )
as it gives me all the tools I need in one place such as autoresponders,
ebooks, articles, advertising etc etc...but so long as you have a good
resource suite you are all set to market online and start building your
portfolio.

But remember the number one rule, is all online opportunities incur
a certain amount of risk, but you can minimise your losses and maximise
your profits by spreading the risk sensibly across a number of stable
and profitable online ventures.