My Passive Income Report [July 2012]
Don’t you feel like the summer is going by too quickly? I do. July is over already?
Nevertheless, things seem to be looking up. July wasn’t amazing, but I’m feeling very good about the future. Lots of good things planned, and I’m seeing some progress. Now, if only we could keep summer around for another few months…
Let’s get right into July’s results.
A Brief Overview of July
Not a whole lot of big events happening, but income and production were both up in July. After my recent post (“Are You REALLY Trying to Succeed?“), I feel revitalized – ready to get back to the hard work ethic I once had with my online business.
It seems like the biggest roadblock for me is content creation – I think if you can find a way to handle this and be very productive, everything else will follow.
Before you say “Why can’t you just hire a VA or writers to produce content for you?”, let me address the issue: With my newest authority site I’m working on, I’m trying to build a real resource and following, much like I have on this blog. It’s hard to do it with a “guest” voice – it needs to be me, for now.
Speaking of that authority site, I’m very excited to soon be revealing everything about it. I expect this will happen within the next month or so, along with an intense challenge.
July Income Report
Still no AdSense earnings from InfoBarrel, as you might expect. This is temporary, however…by September or October, I will be earning from AdSense again (or I should say, my business will be). Hopefully I only have to suffer through another 2-3 months of very low InfoBarrel income.
Here’s the minor income that I was able to earn from InfoBarrel in July:
- Chitika: $0.50
- Amazon: $0.00
- Total: $0.50 (Can this even buy a pack of gum anymore?)
Even though I can’t earn much from InfoBarrel right now, I still highly recommend checking out my original plan to earn passive income with article writing if you’re new to the “making money online” game. There’s a lot of money to be made here, and after you’ve been writing for awhile, it adds up.
As you know, I write about Lending Club every month, so I don’t need to go into a ton of detail here, but if you are unfamiliar with Lending Club, you should read my original write-up here. As I’ve said before, I believe it’s my only truly passive income source.
July continued the positive streak of month to month improvement in my annualized rate of return. I’m now invested in 139 loans (+4 from June) and my net annualized return is a robust 6.30% (+0.08% from June).
I probably need to evaluate my investment strategy, because clearly this is a part of my passive income portfolio that is consistently successful. In other words, I’m thinking about making it a larger portion of my portfolio by investing several thousand more dollars into it.
It’ll be spread out of course (instead of one lump sum deposit). What do you think about that? I’ve officially been with Lending Club for 3.5 years – in other words, it’s been long enough for me to see that the 3 year micro-loans of $25 are worthwhile to invest in.
Check out the image below (click to enlarge) to see some of the first loans I ever invested in:
These loans, issued in early 2009, were fully paid off earlier this year, and look at that return – 16.32%! Obviously, they’re not all that good, considering my overall return is at 6.30%, but if I was willing to take more risks and continue to invest in higher interest rate loans, there’s a potential for greater return.
If you’re interested in trying Lending Club, you can sign up with this link and get a free account. If you’re unsure whether this type of investing is right for you, you can deposit a small amount (investments can be as small as $25) and become familiar with it. As always, if you have any questions about it, I’d be more than happy to answer them in the comments (or feel free to contact me by e-mail).
Since last month, I have literally done nothing with my micro-niche sites, putting full focus on my authority sites. Interestingly enough, my earnings increased slightly compared to last month.
If you find yourself without AdSense, here are the alternatives I’ve written about (the links below are to each of my reviews):
- Amazon: $10.98
- Media.net: $5.05
- Chitika: $0.16
- InfoLinks: $1.20
- Commission Junction: $5.60
- Total: $22.99 (+$7.36 from June)
During July, I wrote a post giving a sneak preview of my two authority sites.
As I’ve hinted at several times now, my second, newer authority site will be fully revealed on this blog within the next 4-6 weeks.
Authority Site #1 Earnings – July:
- Media.net: $5.45
- Indeed Job Board: $8.75
- Total: $14.20
Authority Site #2 Earnings – July:
This site isn’t really monetized yet, but there has been one or two Amazon affiliate links thrown around, which did lead to a sale during July.
- Amazon: $0.78
- Total: $0.78
Total Authority Site Earnings: $14.98
Other Affiliate Income
Here’s the breakdown for other affiliate income earned during July. [Note: This income comes from other sites not discussed/listed above, including affiliate sales generated through this blog.]
- Amazon: $0.40
- ClickBank: $0.00
- Commission Junction: $300.00
- PayDotCom: $0.00
- Private Advertising: $0.00
- Market Samurai: $0.00
- Other Misc.: $5.70
Total Misc. Affiliate Earnings for July: $306.10
Once again, I failed to earn anything from Clickbank – a clear sign that these sites aren’t receiving any traffic post-Penguin. Otherwise, it was a decent month.
Here’s a summary of July’s earnings, organized by project/challenge:
- InfoBarrel Earnings Challenge: $0.50
- Amazon & “AdSense” Niche Sites: $22.99
- Authority Websites: $14.98
- Misc. Affiliate Income: $306.10
Grand Total for July: $344.57 (+$83.52 from June)
Popular Blog Posts
These were my top 5 most popular blog posts in July based on number of views:
How did July go for you? Share it in the comments! And until next month, best of luck to you and your passive income projects!
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