So I’ve got loads of ideas going around in my head of things that I want to try out, but having a full time job, means I’m time poor at the moment so I need one key thing…. Focus!
I’ve already started looking at a few ways of making a location-free living, so here’s a quick summary of the top 3 ideas standing out at the moment:
Social Trading
If you haven’t heard of it, this is a relatively new phenomenon that has developed over the last few years, which allows you to copy the trades that traders themselves are performing on the stock market, currencies, indices and commodities.
The idea is quite simple…You don’t need to understand a lot about any of these things, because it’s the traders that you’re investing in.
You can see detailed stats of each trader’s performance, which helps you to filter and choose who you invest in. When you ‘copy’ a trader the programme will automatically mirror the trades that the trader has done, but only proportionally to the money you invest.
There are a number of Social Trading platforms out there, but the one I’m starting with is Etoro, which has a very straightforward usable interface, and is ideal for beginners.
Blogging
I love writing, I’ve worked with websites for many years and I believe that there’s definitely a good lifestyle to be had by running a successful blog or website.
I’m going to take you through all of the basic steps to setting up a website, and then gradually molding it into a hopefully profitable venture, that will help me towards the lifestyle I’m looking for.
Matched Betting
My Dad always says, “There’s nothing free in life son!” and most of the time he is right and there’s usually a catch.
However, on the face of it, this idea looks like it is a risk free way of earning a few pounds with minimal input.
Again, it’s a simple idea, where you take advantage of the plethora of free bets that the different Online Betting Shops are advertising. You place one free bet on the outcome of the event happening, and another bet (in a different account) backing that this event will not happen. If the odds are very close to each other then you will win one bet, and lose the other one, but the difference between the two bets will only be very small BUT you get to keep the value of the original free bet.
So I’m going to focus on these 3 ideas to start with over the next couple of months, and see if we can start filling up that Dream Fund!
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