When it comes to investing, you don’t want to take your hard earn money and just give it to just anyone to invest. No one can deny that investing is not a smart idea, as it allows you to create wealth, which in itself is rewarding. When we invest money we are putting our money to work for us with the expectation of acquiring a profit.
When you think about the term investment, what words come to mind; stock market, mutual funds, bonds, CDs?
But what about seeing yourself as an investment? The same way you would invest in a company, you can invest in yourself and make a direct investment in your future.
Question: What would you do with an opportunity for an investment with a low cost but with extremely high returns? We could all use the extra cash, right?
One of the best online investments is affiliate marketing. Done right, affiliate marketing is an online business that involves minimal costs but is a extraordinarily high yield investment, as there is enormous potential.
Rule 1: When making any investment: know who you are investing with.
Before making any commitment, thoroughly analyse the potential recipient of your investment and only commit your capital when you see the potential for profit or have a reasonable expectation of a profit.
Same principle applies; when getting into an online business you want to know what you’re getting into before you commit.
At Wealthy Affiliate (WA) you get 7 day free trial to thoroughly examine what it’s all about see for yourself, how you too can make the right online investment for you, and reap the associated rewards. Even after those initial seven days, you can decide to stay as a free member.
Rule 2: How much would the opportunity cost you?
In some cases setting up an online business or even getting the proper training, can cost you an arm and a leg. Depending on the company, it can cost you anywhere from $997.00 and up. If you can afford that, then fine. But most people aren’t interested in spending that kind of money for an online business. Most of us want an affordable investment. How does FREE ($0) sound?
Rule: 3 high rates of return usually carry equally high risks.
However, it’s just the opposite with your online business. The risk is low but there’s a high rate of return, or a high yield investment, if you prefer that terminology. Once you have the right training and resources, the sky is the limit.
Let’s use WA’s affiliate program as an example.
Would you get that on a CD? Ah, hello? No!
Which bank is paying you that kind of interest on such a small investment? Interest rates have been low for quite a while now and savings accounts are barely making interest these days.
What If you had other affiliate links on your website? What could be your potential online income?
Initial possible investment costs can include:
- Membership cost at Wealthy Affiliate if you don’t want to remain a free member
- Domain purchase, (relatively inexpensive at namecheap), if you don’t want to utilize YOUR Free websites
So, why not invest in yourself and start your online business? Create YOUR Free account with Wealthy Affiliate. It just might be one of the the best investments you ever made.
I hope this post was informative and if you have any questions or comments please drop me a line in the comment section.
To your success