October 2007 Passive Income Update
It time for an update on October’s passive income and online earnings. Last month’s total was nice $1,736.80. Plus I got another $100 for referring a friend to TDAmeritrade, so counting that its $1836.80. I’m not counting the income from Prosper since its rather difficult to manually go through ~50 loans and find out how much I got. Besides it keeps getting re-invested in more loans anyway.
Here’s the break-down (not exactly JohnChow.com style, but informative nonetheless)
1. Online Income : $704.96
2. ING Savings: $98.44
3. Real Estate Trust Deed: $300
4. Direct Oil Drilling Investment: $115.63
5. Dividends from Canroys: $ 447.67
6. Other Dividends : $102.7
Total: $1,736.80
I just moved this site over from the Adventures In Money Making site last month, and I expect the online revenue to drop quite a bit in November. This site doesn’t have any page-ranking yet and so isn’t attracting any advertisers. (I think its being penalized by Google for having 500 duplicate posts from the old site). Since the old site isn’t being updated, some advertisers have already dropped off from there. But it’s still getting decent organic traffic from Google, so its still pulling in decent adsense revenue (it’s eCPM is twice that of this site!) so I won’t be talking that site down any time soon!
The Canadian Dollar is also getting stronger than the US Dollar and with the dividend-reinvestment program, my Canroy dividends should increase slightly next month. The Federal Reserve cut the interest rates, so I expect my savings at ING to yield a quarter point less next month.
Adsense revenue was up 39% from the month before, so hopefully that trend will continue (who says social media marketing doesn’t work!). Otherwise I expect November’s revenue to be atleast 15% lower than this months. Eventually though this site should gain some more traction and the revenue should come back up again. Another one of my oil investments should start paying out in 2 months, so that should boost the income as well.
If you found this post helpful, consider donating to my coffee fund!Popularity: 3% [?]
[All content is copyright of Living Off Dividends & Passive Income]
Related Posts
You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
November 2nd, 2007 at 12:28 am
What about your real estate investments?
November 2nd, 2007 at 12:58 pm
How much did you initialy invest in Direct Oil Drilling?
November 3rd, 2007 at 12:24 pm
please tell more about your oil drilling investment…
November 5th, 2007 at 12:48 pm
oil drilling is highly speculative and risky.
there are several risks:
1. the people you’re involved with are scam-artists.
they’re not interested in returning any money back to you.
they may dig a hole and then claim it was dry, plug it and declare
the complete investment a loss. Why do they do this? Because they’ve
raised a lot of money and took 35% off the top for administrative and
marketing fees.
2. The operators are in-ept.
3. they operators are good, but the deal goes south anyway. either
they didn’t find oil or the price of oil dropped just enough to make the
deal unprofitable.
so the protect the average investor from these sort of risks, the SEC has mandated that only accredited or sophisticated investors are eligible for these sort of investments (or investors who are willing to state that they are accredited by signing a piece of paper to that effect).
If you’re interested I can email you some more info on the project.
November 6th, 2007 at 3:59 pm
please email me that info, I have been researching these type of investments for awhile & am farmiliar with them
November 6th, 2007 at 5:12 pm
Very impressive! I loved your title in Blogging Zoom by the way.
November 9th, 2007 at 11:01 am
please email me that info, I have been trying to find legitimate drilling investments for sometime.
Question: what is the minium investment for this?
I also say very impressive site u have!
Have you ever thought about doing some mentoring, if so let me be your grasshopper.
November 11th, 2007 at 4:42 pm
Your post has made it to the top 10. I deleted 23 post and you made it. Since there are only 10 articles in the carnival it would not be hard to get notice. I recommend that you stumbleupon the carnival post to bring some traffic and increase your chance of getting traffic from my post to yours.
Make Money Online Tips & Tricks - November 7, 2007 Blog Carnival
November 11th, 2007 at 6:29 pm
[…] OFF DIVIDENDS presents How I Made $1,836.90 Last Month (Excluding My Salary) posted at LIVING OFF DIVIDENDS. The writers says, I’ve been trying to boost my passive income […]
November 13th, 2007 at 1:46 am
[…] OFF DIVIDENDS presents How I Made $1,836.90 Last Month (Excluding My Salary) posted at LIVING OFF DIVIDENDS, saying, “I’ve been trying to boost my passive income […]
November 19th, 2007 at 4:03 am
[…] Living Off Dividends presents How I Made $1,836.90 Last Month (Excluding My Salary). […]
November 26th, 2007 at 4:13 am
[…] was reading How I Made $1,836.90 Last Month (Excluding My Salary) posted by Living Off Dividends in the 2nd edition of the CSW […]