The importance of Diversifying Income
Published Friday, October 21, 2005 by Darren Davis | E-mail this post
The internet is a land filled with treasure and mystery. Money-Making opportunities come and go in the blink of an eye. This is why it is important for me to diversify my online income.
I know that the money we make on the internet can be easily taken away in an instant, sometimes, without warning. I search for job security and a job that feels more tangible but a job offline and working for someone else would not be as rewarding.
To combat this feeling of lack of job security, i try to diversify my online income. I never "put all my eggs in one basket" because i am aware that if one of my online streams of income are shut off, i must be able to survive without it. With this in mind, my aim is to make sure that each of my online streams of income are able to support me individually if the others should fail.
My goal is to acquire assets in the online world to generate passive income so that i can invest in the offline world. Achieving assets both online and offline would increase job security.
There are many ways to build assets in the online world, we will focus on how to acquire these online assets in this blog. If you are a regular reader of this blog, you will already be aware of 3 assets that anyone can use, including yourself. I won't tell you what they are yet, you'll need to look deeper but they are definately on this blog.
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