My Passive Income Report [June 2012]
June is officially in the books, and summer enjoyment is in full swing.
I can’t say I focused too much on my internet business this past month (I was on vacation for about a week, which I’ll explain below), but I’ve continued to build what I’m calling long-term assets. Although things are progressing slowly, they are progressing nonetheless!
Here’s what happened in June…
A Brief Overview of June
Although income dipped slightly in June, I’m starting to see some real progress on my authority sites. While I know they aren’t exactly “paying off” right now, I know that the reward will be there in the future. Honestly, that’s the attitude you need to have if you are indeed going to be successful with a real authority site.
On a personal note, my girlfriend and I went to Mexico for about a week – an all-inclusive resort in Playa Del Carmen. There truly is nothing more relaxing than a vacation where you spend your waking hours eating, laying on a beach, and swimming in a pool.
The resort was beautiful, and while it was pretty Americanized (why the hell couldn’t we get good Mexican food in Mexico?), it was still a wonderful and memorable vacation. The image to the right was the view from our private balcony (which had a sweet hammock too).
June Income Report
As it stands, I am still giving away this AdSense income due to the fact that I can’t earn from the AdSense ads within my InfoBarrel articles. Once my newer authority site has been around for about 6 months, I will probably have my LLC apply for an AdSense account, which I will also use on InfoBarrel (and finally reclaim the income for these articles).
Here’s the minor income that I was able to earn from InfoBarrel in June:
- Chitika: $0.90
- Amazon: $0.00
- Total: $0.90 (This is really sad…)
Even though I can’t earn much from InfoBarrel right now, I still highly recommend checking out my original plan to make lots of money with article writing if you’re new to the “making money online” game. Article writing is among my top recommendations for earning online passive income for those who are just starting out and don’t have much money to spend. And it’s a lot more lucrative when you can actually earn from AdSense.
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 can read my original write-up here. As I’ve said several times in the past, I believe it’s my only truly passive income source.
June was another great month, and I’ve seen my return jump nicely. I’m now invested in 135 loans (+6 from May) and my net annualized return is a healthy 6.22% (+0.15% from May). The larger than usual increase in my return is likely due to the fact that I invested in a bunch of new loans last month.
I continue to receive e-mails and comments from people thanking me for turning them onto Lending Club. In most cases, these people are doing better than I’m doing in terms of return on investment, which is great to see. Although I am an affiliate, it’s different than your typical product or service…because you’re not actually buying anything. You’re investing money that you will, in all likelihood, get back (with additional interest).
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).
I put up this image of a white flag in my last income report to signify that I’m “close to admitting defeat,” however now I feel I’ve moved to the point of actually admitting defeat. There are a small handful of my mini niche sites that still earn money from various AdSense alternatives, but most are nearly dead.
As I wrote in this post, I don’t believe niche sites are dead, but the landscape has certainly changed. Those who still succeed with them have adapted to the changes, and will probably continue to see success.
While I could probably do this (in theory), not having an AdSense account puts me at a severe disadvantage. Furthermore, my focus has shifted to larger, authority-style sites that I believe will be worth far more in the long run. If you find yourself without AdSense, here are the alternatives I’ve written about (the links below are to each of my reviews):
- Amazon: $9.04
- Media.net: $1.33
- Chitika: $0.40
- InfoLinks: $1.66
- Commission Junction: $3.20
- Total: $15.63
As you know by now, this is where I’m currently putting most of my internet business effort.
My first authority site is the one that currently earns a modest amount of money. Traffic isn’t great yet, but I’ve found a strategy to update the site regularly with fresh, unique content that I don’t have to write myself (read more here).
The second authority site is much newer and is one that I would call a “passion project”. This is in a competitive niche (in general) but I’m digging into a narrow sub-niche where I believe I can add some serious value. At a certain point, I will probably make this site public here. I’m finally starting to see some traffic on this site and a lot of good interaction, including blog post comments and Twitter mentions (something my other, older site doesn’t see a lot of).
Here’s a look at what the first authority site earned in June (the second site isn’t monetized in any way yet):
- Media.net: $6.43
- Other: $2.27
- Total: $8.70
Other Affiliate Income
Here’s the breakdown for June. [Note: This income comes from other sites not discussed/listed above, including affiliate sales generated through this blog.]
- Amazon: $0.12
- ClickBank: $0.00
- Commission Junction: $175.00
- PayDotCom: $0.00
- Private Advertising: $0.00
- Market Samurai: $0.00
- Other Misc.: $60.70
Total Misc. Affiliate Earnings for June: $235.82
Sadly, my ClinkBank sites are dying, as this is now only the 2nd month (out of probably 20+ months) where I didn’t earn anything.
Here’s a summary of June’s earnings, organized by project/challenge:
- InfoBarrel Earnings Challenge: $0.90
- Amazon & “AdSense” Niche Sites: $15.63
- Authority Website: $8.70
- Misc. Affiliate Income: $235.82
Grand Total for June: $261.05 (-$69.85 from May)
Popular Blog Posts
These were my top 5 most popular blog posts in June based on number of views:
How was your June? Share it in the comments! And until next month, best of luck to you and your passive income projects!
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