My Passive Income Report [October 2012]
October was a fun month, mainly because I was on vacation for over a week (more on that below) and tax season (the 10/15 deadline) ended.
As far as income goes, things were pretty stagnant – as I expected, my income level returned to where it was at prior to last month (when I made a decent amount from an e-mail I sent out).
With the end of the year fast approaching, it’s time to make that last big push to make sure 2012 ends on a high note.
Anyway, let’s get into the specifics of October…
A Brief Overview of October
There were a lot of ups and downs in October. I’ll start with the positives: I had a wonderful vacation in the Philippines with my girlfriend and her family. Her parents are originally from the Philippines, and they own a house out there right now, so we had some great hospitality while we were visiting.
Here are a few pictures from the trip…
A lot of times when you hear about third-world countries, people tend to focus on the negatives like poverty, disease,etc. (which obviously shouldn’t be taken lightly). Lost in all of that is how beautiful some of these places are and how kind and hospitable the people are.
And…back to reality. As I mentioned before, this month’s earnings weren’t great (although they are consistent with most of the months this year).
One exciting thing that happened to me, however, was that I found out I’m ranking on page 1 for the super-competitive phrase “make money online” without even trying. As of right now, the ranking is still holding strong (I see the page ranked #6 from my location).
It’s been ranking well for a couple weeks now, and there’s no way to know how long it’ll last. The traffic to my blog is nearly double what it normally is, and I’m seeing a strong uptick in mailing list subscribers. Now, it’s just a matter of figuring out how to monetize it all.
Finally, onto the actual income report…
October Income Report
Because InfoBarrel can no longer be a focus of mine (due to probably never having an AdSense account again), I’ve changed this section of my report to include all types of article writing sites. The good news is, I had some success with a different site in October – Squidoo.
Squidoo has it’s own complicated revenue-sharing system that isn’t based on what your specific article generates, however this isn’t the only way you can earn. You can also use affiliate links within your articles (or “lenses” as they call them), for which you would keep 100% of any commissions.
One of my lenses that has some Amazon affiliate links performed fairly well. Here’s a summary of all my article-related income for October:
- Amazon: $41.00
- Chitika: $0.42
Total Article Writing Income: $41.42
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.
October was a great month, as I’m starting to see the payoff for investing in some more risky loans (although not ones that seem too risky).
I’m now invested in 148 loans (+4 from September) and my net annualized return is 5.94% (+.16% from September).
I was informed just a couple days ago that Lending Club hit a big milestone – they have now facilitated the borrowing and investing of $1 billion worth of loans. They created a pretty cool infographic that I thought would be worth sharing:
[Click to enlarge]
Although it probably doesn’t mean much to you, I think it’s a significant milestone that really shows how this model for passive income investing actually works. When they were only 2-3 years in, some people were skeptical. But now that they’re going on year #6, and both investors and borrowers are still getting great value, it’s a good sign that this model really works.
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).
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. Otherwise, I haven’t put any work into these sites lately and don’t plan to at this time.
- Amazon: $7.74
- Media.net: $1.34
- Chitika: $0.04
- InfoLinks: $0.31
- Commission Junction: $6.00
- Total: $15.43 (-$22.05 from September)
Authority Site #1 (Not Revealed)
This site is currently inactive. As I mentioned last month, after struggling with my .ME domain, I purchased a similar .COM domain to see if my ranking issues (after a year of building content) were domain related.
I haven’t moved the content over yet, but it’s down and is no longer indexed by the search engines. This isn’t too high on my priority list, but I plan on making the move at some point in the next couple months.
Authority Site #2 (Slow Carb Diet Experiments)
I’ve continued to add content on a regular basis (usually 2 posts per week), and I’m still receiving decent traffic from Twitter, Facebook, and Pinterest.
Unfortunately, the organic traffic is nonexistent. Ever since Google’s “exact match domain” algorithm update (which also seemed to impact partial-match domains), I haven’t been receiving any organic traffic from Google.
Because my link building is 100% “white hat” and I haven’t obtained links from spammy sites, there’s no reason to think my site is facing some kind of off-page SEO penalty. It’s possible that some on-page issues could be negatively affecting me, but I haven’t been able to solve the issue if there is one.
Stay tuned…this site is still my top priority.
Earnings – October:
- Amazon: $0.00
- Total: $0.00
Total Authority Site Earnings: $0.00
Here’s the breakdown for affiliate and other income earned during October. [Note: This income comes from other sites not discussed/listed above, including affiliate sales generated through this blog.]
- Amazon: $0.00
- CashCrate: $8.85
- ClickBank: $35.11
- Commission Junction: $179.00
- PayDotCom: $0.00
- Private Advertising: $0.00
- Market Samurai: $0.00
- Other Misc.: $23.32
Total Misc. Affiliate Earnings for October: $246.28
I didn’t do nearly as well with Market Samurai in October compared to September, but I wasn’t expecting to. Everything else was pretty stable.
Here’s a summary of October’s earnings, organized by project/challenge:
- Article Writing: $41.42
- Amazon & “AdSense” Niche Sites: $15.43
- Authority Websites: $0.00
- Misc. Affiliate Income: $246.28
Grand Total for October: $303.13 (-$479.98 from September)
Popular Blog Posts
These were my top 5 most popular blog posts in October based on number of views:
I’d love to hear about how your October went. Share in the comments! And until next month, best of luck to you and your passive income projects!
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