Click here to start saving with ING DIRECT!
If you have problem debt, a debt management plan or an IVA could be your first step towards a debt free life. Make sure you get the right advice from qualified debt advisers.

Even if you've had credit problems in the past, you are eligible for a $1000 payday loan .Get your personal payday loan and you can use it to pay off unusually high bills.

Discover Open Road

Advertise in DIV-Net Feed
~
Dividends4Life
The Dividend Guy
Dividend Growth Investor
the moneygardener
Stock Market Prognosticator
The Div Guy
Disciplined Investing
Associate Members

Seeking Alpha Certified
Add to Technorati Favorites

Subscribe to Living Off Dividends

RSS

Subscribe via email:



Living Off Dividends's Facebook Profile

personal finance

Go Daddy $1.99 Domains 125x125

Friends

Poor credit marketplace that provides Bad Credit Loans and credit articles.

Click here to start saving with ING DIRECT!

Online Income and Passive Dividend Income Update for September

I made $2,884.13 in online & passive income for the month of September, 2008. After the somewhat lackluster income over summer, this was a welcome increase.

Here’s the breakdown:

The affiliate income from Ebay has been growing steadily. It’s more than doubled from August and the total revenue for this year is $1847.67. I think that’s a pretty good return for a little bit of effort (most of which took place in May). In July I added a storefront on this website which focuses on business, cheap real estate, gold coins and other income producing ventures. I recently added a Ferrari and Sports-car for sale page. I don’t expect to sell any Ferraris’ or Lamborghinis’ but I sure enjoy looking at them!

Some of the other ebay affiliate sites are .info sites that I bought .info domains for $0.99 from GoDaddy and created them using BANS software, which automatically pulls the relevant content from Ebay. They’re all hosted on Dreamhost, for which I pay $110/year for unlimited domains. Dreamhost is currently running a special, where you get four times the usual disk-space and bandwidth! Also if you prepay for 5 years you get $150 off.  Use one of the promo codes below at Dreamhost:

333373609023
986060012222
593944613024
436480227416
972055933830

Note: Setting up BANS on Dreamhost requires a little bit of tweaking. If you’re not very familiar with setting up websites then I strongly suggest using HostGator for your hosting. They cost about the same and have pretty good compatibility with the BANS software.

For a little more info on how to generate passive income from sites, look at the 2nd half of this post (look for the section on Niche Sites).

For more info on the other online sources of income, check out my previous passive income updates.

Last month was a massacre for my oil and gold stocks. One of them, Tortoise Energy (TYY) was trading under $6/share for a brief period and yielding 36%!. Unfortunately, I missed the buying window and it’s now trading over $15 again. TYY is an American MLP (Master Lease Partnership); dividends are counted as return of principle making them tax-free!

Anyway, its time to wind up this post. I have 3 midterms next week.

If you found this post helpful, consider donating to my coffee fund!

[Slashdot] [Digg] [Reddit] [del.icio.us] [Facebook] [Technorati] [Google] [StumbleUpon] Related Posts
  • October 2007 Passive Income Update It time for an update on October's passive income and online earnings. Last month's total was nice $1,736.80. Plus I got another $100 for referring a friend to TDAmeritrade, so counting that its $1836.80. I'm not counting the income from Prosper since its rather difficult to manually go through ~50......
  • Ebay-build-a-niche-store-earnings$7,353.84 In Online Income! Every month there are 673,000 searches for the term 'make money online' and over a million for various combinations such as 'earn money online' and 'how to make money online'.  Apparently there's a lot of money to be made in this niche and there are tons of people who will......
  • How I Made $2,667 In Passive Income In March '08 Finally I'm getting some traction with my passive income! After all, that's what this blog is all about. The total for March 2008 is $2, 667.18, and I'm ecstatic to have broken the $2,500 per month barrier. If I can sustain it at $2,500 per month, thats $30,000 per year.......

Related Websites
  • Passive Income Idea With A Spin Most would agree that diversification plays a big role in the success of one's personal finances. Spreading out risk is helpful in any environment, but is especially important when times are tough. It is just as important to diversify income as it is investments, because until we achieve financial independence......
  • Make Cash Online For Free Want to learn how to make money for nothing? That's right, you will only need a computer with an Internet connection, and you'll be on your way to online profits! You don't need a website, don't have to pay for hosting, or even buy any domain names if you......
  • Daylight saving time [/caption] Daylight saving time (DST; also summer time in British English—see Terminology) is the practice of advancing clocks so that afternoons have more daylight and mornings have less. Typically clocks are adjusted forward one hour near the start of spring and are adjusted backward in autumn. Modern DST was first......

[All content is copyright of Living Off Dividends & Passive Income]

Related Posts

You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

12 Responses to “Online Income and Passive Dividend Income Update for September”

  1. Hey just curious.. since you’re making about $130/month with an ING savings acct at ~2%, does that mean you have approx $80k cash saved up in that acct?

    I try to read your site whenever I can and am starting my passive income as well. I currently have some CANROYS as well as a savings account, however, my savings account is not making nearly as much as yours is..

    Just wondering if it’s a special savings account or just a great sum of money?

    Thanks!

  2. Living Off Dividends Says:

    chris, its a combination of a large sum of money and a CD that pays more than 2%! ;-)

  3. do you really get between 10,000 and 20,000 visitors a mo like compete.com says you do? you must get a lot of traffic from moneyshaker.blogspot

  4. Nice income. I doubt however that ING has the best CD rates in the marketplace.

  5. Do you use domain embarking anymore? I’m thinking about signing up. About how much do you average per site?

    Thanks.

  6. Excellent income streams! Little tough lately with the Canroys but I am looking to buy some more now.

  7. Living Off Dividends Says:

    michael, i do use embarking. they’re having some problems with their cashflow, so they haven’t yet paid out the last semi-annual amount.
    but many of my sites now have a pagerank of 2, which is great when I decide to start using them. I can also put up my ads, but I haven’t really spent much time doing that.

  8. Congrats on a good month!

    Your canroys look interesting, I’ll have to look into that.

  9. Just curious as to your contingency plan regarding canroys and the preferential tax treatment ending in 2011. All companies will be required to revert back to paying corporate tax again, and some companies may do it earlier than the deadline. Thinking about this myself, as I have PWE in my portfolio and thinking of adding some others.

  10. Great post! I am right behind your numbers, only all of my residuals come from online sources as I’m working to build my residual income online (I guess I could count the rental income as dividends…)

    Thanks for the detailed post–I did the same this week for my readers and I think it is helpful.

  11. Wow, you are such an inspiration. This is the site that finally motivated me to get off my butt and get out of debt.

    Congrats on that awesome income and keep up the good work!

    Norm

  12. Hi,
    Got only one question about the ingdirect do they have some affiliate program? and if yes where could I got more informatino?

Leave a Reply