My Passive Income Report [November 2012]
With November coming to an end, we’re officially into the holiday season.
It’s always an interesting time for online business because on the one hand, you’re in the busiest shopping time of the year (which is obviously great for business). On the other hand, you’re spending a lot of time with friends and family, hopefully enjoying a break or two from work (which isn’t always great for productivity).
It just so happens that this past month was easily my best month ever, since I started trying to make money online a few years ago.
The only negative part of it all is that my income sources are not the ones I’d like them to be, but I’ll certainly still take income wherever I can get it.
Let’s take a look at the details…
A Brief Overview of November
Despite the fact that November was my best month to date, I actually didn’t put a lot of work into my online business (it’s funny how it sometimes works like this). As I always say, that’s the beauty of passive income.
During the week of Thanksgiving, I spent some time visiting family in Nevada and enjoying some warmer-than-Chicago weather. (I even made $27 in the casino!) It’s always a lot of fun out there, which makes it so hard to go back to work when it’s over.
I suspect December will be almost as unproductive as November, but this kind of downtime is sometimes what you need to get yourself re-energized and motivated.
Now, time for the fun stuff.
November Income Report
As you probably remember, I no longer earn money from InfoBarrel (due to probably never having an AdSense account again). I recently gave my InfoBarrel account to my sister, so that my articles don’t go to waste, and she can use it with her AdSense account.
If she winds up sharing some of the income with me (we might work out a 50/50 split), I’ll still report that income here.
As far as article writing goes, Squidoo is where I’ll be posting any new articles I write. I don’t plan on spending a ton of time on this, but I may still write 3-4 articles per month.
Even if I don’t end up earning much from Squidoo, I still like to write random topic articles from time to time to break up the monotony of whatever else I’m working on. Also, it’s part of me staying diversified as much as I can.
Here’s a summary of all my article-related income for November:
- Amazon: $2.80
- Chitika: $0.03
Total Article Writing Income: $2.83
Lending Club is one of my favorite online passive income sources, mainly because (as I’ve said before) I believe it’s my only truly passive income source. If you are unfamiliar with Lending Club, however, you should read my original write-up. I wrote it a long time ago, but it still applies today.
I’ve received some interest from readers about me writing a guide about investing strategy on Lending Club. I think it’s a good idea for me to at least write about the strategies I use, so look for this post hopefully sometime in December.
November was another good month, as my annualized return crept back above the 6% mark.
I’m now invested in 150 loans (+2 from October) and my net annualized return is 6.02% (+.08% from October).
Now that Lending Club has been around for several years, it seems like there’s been a lot of good press coming out.
Since Lending Club’s inception in 2007, Lending Club’s investor returns (on average) have outpaced stocks and bonds (overall). Keep in mind, this time period includes the big stock market drop across 2008-2009, but since then, the market has bounced back anyway.
[Source: Lending Club]
Keep in mind, this isn’t free money - there is still some risk. When I write my investing strategy guide, I’ll address why I think Lending Club investor returns are exceptional given what I believe is relatively low risk.
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).
Just like last month, there’s not much to report here. For my niche site domains that haven’t yet expired, I still earn a little bit of money from various sources (mostly Amazon).
I’ve been letting most of these domains expire, except for the ones where I think the income over the next year will be greater than the domain renewal cost (without me putting in any additional work).
- Amazon: $21.72
- Media.net: $1.64
- Chitika: $0.00
- InfoLinks: $0.69
- Commission Junction: $2.80
- Total: $26.85 (+$11.42 from October)
Authority Site #1 (Not Revealed)
This site still remains inactive. As I’ve mentioned in the past couple of income reports, I’ve taken my content off the .ME domain that it was previously on, and I’m planning on moving it to a new .COM domain.
It’s going to take some work whenever I decide to re-publish the content on the new domain, because the new domain doesn’t have any backlinks or any other work done to it yet. This still isn’t high on my priority list, and I won’t be surprised if the status remains the same in next month’s report.
Authority Site #2 (Slow Carb Diet Experiments)
Traffic has been pretty steady, which I consider a negative at this point because it needs to grow substantially before I can really monetize the site and realize its earning potential.
The one bright spot is that is I’ve been slowly building an e-mail list, which should be a valuable asset later on. Right now, the list has about 25 subscribers.
Earnings – November:
- Amazon: $0.00
- Total: $0.00
Total Authority Site Earnings: $0.00
Here’s the breakdown for affiliate and other income earned during November. [Note: This income comes from other sites not discussed/listed above, including affiliate sales generated through this blog.]
A big reason for the spike in this income, particularly with CashCrate, is thanks to my post that is ranking on page 1 for “make money online” (which I wrote about here). At some point in the next few weeks, I’ll write a more detailed post about CashCrate.
- Amazon: $0.30
- CashCrate: $512.78
- ClickBank: $0.00
- Commission Junction: $912.00
- PayDotCom: $37.00
- SEOMoz: $75.00 (read my write-up here)
- Market Samurai: $0.00
- Other Misc.: $39.50
Total Misc. Affiliate Earnings for November: $1,576.58
Here’s a summary of November’s earnings, organized by project/challenge:
- Article Writing: $2.83
- Amazon & “AdSense” Niche Sites: $26.85
- Authority Websites: $0.00
- Misc. Affiliate Income: $1,576.58
Grand Total for November: $1,606.26 (+$1,303.13 from October)
Not only is this my first time ever cracking the $1,000 mark, but I completely blew away my previous record month in earnings.
I realize a lot of this is driven by affiliate income from my blog here (My4HWW), and while this isn’t my primary focus for income, I’m nevertheless happy about it and appreciate anyone who has contributed to it by clicking through one of my affiliate links. Hopefully it’s a win-win situation, and you’re getting value out of reading this blog.
Popular Blog Posts
These were my top 5 most popular blog posts in November based on number of views:
I’m thrilled at how this month turned out, and I’d love to hear about how your November went. Please do share in the comments! And until next month, best of luck to you and your passive income projects.
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