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Sunday, January 25

Build Up Your Portfolio And Earn From It In The Future

I am currently reading a book and always see this advice, "Build up your portfolio and you will eventually earn from it in the future". It's like planting a seed where you put your full attention. You will water and tender it, making sure that no grass grows beside it or worms live on it and above all, it gets enough sunlight. And I assure you, you will reap its fruits just like the benefits you will get from your income-generating assets (stocks, bonds, mutual funds) and written articles.

I noticed that my efforts paid off and continue building up my income. I write and write while a passive income comes in. It keeps accumulating. Before, the only source of income I knew was from the salary I got from 9 to 5 hours of work. But after I discovered this legitimate way of earning, it adds up to my income. I didn't believe that it was possible. I was a skeptic person back then. I also started building up my portfolio (assets) in mutual funds despite others say that we, young investors, should invest in risky investments. The reason why they urge that is because young people have more time to invest. If ever we got bankrupt and failed, we can easily recover, stand up and get back on the track unlike older people. But I decided to go first in the mutual fund to get the taste of it before I try the very risky one (like stocks).

Anyway, I'm happy that I get paid every month by the sites I write on. Squidoo pays me. Sirgo pays me. And ExpertsColumn pays me as well (those sites paid me before). I love the feeling of getting money from these sites because I feel I am doing the right thing and using my time properly. I don't want to focus my time tending one business only because I learn that to get rich, we should work smarter, not harder. Learn to build up your portfolio and earn from it in the future.