Building Your Online Portfolio ( by: Rachel Gawith)

Part one

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.
About The Author



Rachel Gawith (c) 2004


Rachel runs her own online program at http://www.earnmoneyhere.com and
also a free weekly newsletter at http://www.freedailycash.com. Details of
all the opportunities she has in her portfolio are listed at


http://www.computerincome.ne


rgawith@tesco.net