Is Niche Blogging still a viable online income generation option?
I'm in the midst of starting an online niche blog in the finance niche.
However, I'd like to hear from you guys, whether you think niche blogging
is still a viable option of generating a small stream of online income.
Here's the story and my plan, let me know what you guys think:
I'm a currently down and out full-time university student, taking up an LLB in Law. I'm married too. Plus, I've got a one day (yes, you read that right)...one freaking day criminal record, though i actually only spent 4 hours in the slammer.
That pretty much tells me that my future in the corporate world is OVER. Seriously, I have no idea why I'm still bothering to get a degree, (in Law at that...) but Dad and Mom seem to think that it's always better to have something to fall back on.
Nonetheless, I'm not about to let that pussy criminal record get me down... so I've decided to pick up day-trading and make a decent fulltime income out of it.
I recently manged to pick out some gurus that are really worth their salt and I'll be learning from them as well as trading with them.
I thought of doing an online niche blog to:
1) HONESTLY blog about my progress, success, and failed trades
2) Create an online personality that most people can relate to so that
I can show them "If I can do it, so can they!"
3) Generate some income through affiliate sales such as broker recommendation, Amazon sales etc.
4) Prove to people that day-trading can provide the kinda lifestyle we
are seeking for.
I've listed a few affiliate products and services that I'll be selling through my blog. Problem is, I'm just not confident of myself and whether I should go ahead with the idea or abandon it altogether.
I'm looking for a blog designer as well...someone who can do something like: WallStreetOasis.com | Your Finance Community. Advice on Finance Interviews and Careers in Finance.
I've got this feeling, that I can really build a online persona which people can relate to and sell products along the way for affiliate income. Problem is, there's just so much to it that I dont really know where to start.
For a start..designing the blog is already posing a problem as I simply do not know where to find good designers.
Let me know what you guys tthink
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