Unfortunately, one of the downsides of relying on an outdated course for doing your keyword research is… You get outdated results. Nobody has seriously used the search-in-quotes method of competition analysis since 2009, and even then it was invalid.

#1. Competition wise, you only really care about the top 10 results for the keyword without quotes… After all, these are the people that you need to beat in order to start getting traffic.

#2. Keyword volume wise, is the phrase 8,000 broad searches per month, phrase searches per month, or exact searches per month… Because that makes a difference. 8,000 exact searches per month is great, broad is still good but probably not what most would consider "golden".

All of that being said, I'm still going to tell you to go for it and make the site anyways. Especially if the EMD is available. Don't spend more time learning about Internet marketing then you have to… Actually getting out there and taking action is the most important step IMHO. Most newbies fail before they begin because they spend so long in preparation that they're burnt out by the time they install Wordpress!

Even if you don't make money from this first website, that's okay! You probably will, but either way the experience is worth more than the money at this point. Set a deadline for having this first website built, and then get to it!

I would recommend that you do 10-20 articles instead of just 5, though.

Don't judge anything off of "broad". Go "exact". If you don't know what I'm talking about, research more!

...and what would be best? (this is not my idea of course) bestweightlossdiet.com or thebestweightlossdiet.com

Either would be fine, but I'd go for the EMD or the shorter one. Whichever applies.

bestweightlossdiet.com of course
there's gotta be more searches for this. Add the in front only if you need to.

Right so, Just to be clear before I dive in!!!!

...If I type in the 5-word keyword (wich has 8,000 monthly searches ticking phrase only) and yahoo answers appears at the top and there is no EMD (can they still beat me without the EMD?) or any too close then it should be quite good right? Any significant risk with Panda, sandbox, etc?

If you guys give me green light I will go for it tonight!!!! so thanks!

Well a couple of other things you might want to consider are:

1. Does the keyword phrase have commercial intent?

Not to say you can't make money with informational keyword phrases it's just more of a process I think to get people who are searching for information as opposed to people who are looking to buy or very close to buying; unless you're doing Adsense or lead generation which if that's the case all you have to do to make money is for them to click or take some sort of action that doesn't involve the person spending money.

2. Look at local searches not global. I say local because those are searches done in the U.S. and global means just that...global.

It's doubtful that you'll rank for google.com, google.uk, google.de (Germany), etc. to get all that global traffic so just look at the local searches.

And phrase match could work if you don't mind doing a bit more research for more keyword phrases, writing more content and going after long tail keyword phrases as well as the searches that get more traffic.

For example:

"home alarm system" gets 9,900 phrase searches meaning that there is approximately 9,900 searches with "home alarm system" in the searches and in that order.

And here's the break down of EXACT local searches:

home alarm system = 2,400
home alarm system reviews = 480
wireless home alarm system = 390
best home alarm system = 390
etc., etc., etc.

And those keyword phrases would add up to something around 9,900 searches but that's if the Google keyword tool lists them all...some keyword phrases get such little traffic that Google doesn't list them all.

However, the ones that aren't listed you can find by typing in "home alarm system" in the Google search bar and looking at the suggestions that appear...tedious work but a good way to find long tail keyword phrases (may even be some tools to make this less tedious and time consuming). But keep in mind some may get a decent amount of searches and some may not.

And what I mean when I say some may get a decent amount of searches even though it's not listed in the Google keyword tool YET because it may be a keyword phrase that's trending now...kind of like when a new product comes out and it starts getting a ton of searches later on as it becomes more popular even though it wasn't getting searches before...but in the meantime it won't be listed by the Google keyword tool.

Sorry for the long post and others can correct me if I'm wrong about something...

Just out of curiousity...what's the CPC on the EXACT phrase? For 880...I would hope it is >$1 or $2. If it is less..the earnings go down.

Right so, Just to be clear before I dive in!!!!

...If I type in the 5-word keyword (which has 880 monthly EXACT searches) and yahoo answers appears at the top and there is no EMD or any too close then it should be quite good right? Any significant risk with Panda, sandbox, etc?

If you guys give me green light I will go for it!!!! so thanks!

Um...what are you waiting for? A $20 cpc keyword...and that for page one competition? Tell me and I'll go buy it.

Dude...it's $9 for a domain...you could have a site up by tomorrow...with content and earning in a few weeks....

edu, just thought I'd mention that I enjoy your enthusiasm. I know you're new at all of this, but I really do admire how enthusiastic you are. Most "newbies" are afraid to ask questions, put-off by the thought of having to work hard, etc.

I'll bet a year from now you'll be the one helping others and definitely earning more than $30 a month.

And you don't need $50 hosting out of the gate. Hostgator should suffice right away. The max plan you need there would be $10 a month with unlimited domains.

Month to month should work too.

Let me get straight with you. If you are expecting to build your first site, fill it with quality content, have everything go perfectly smooth in wordpress, rank it on page one, monetize it and start watching the money roll in...Bzzzzzzzzzzt. Have I got a surprise for you.

The point is, the first part about getting started, is getting started. The next part is doing something. Do not expect to be perfect. It looks like you have done some research, some homework, and made a best guessed estimate that this is something worth buying. Therefore, we all have to start from somewhere. So, get started, be prepared to stumble, fall, scrape a knee, get up, keep going.

One of the best things I ever heard was a guy talking about teaching his son to play baseball. As the father of a 2 yr old, I can relate. Just imagine teaching him how to hit. He is going to be awful the first few times. Am I going to tell him, strike 3, yer out of here after 3 pitches? No way. It will be the continuous message, You Can Do It. Or, swing til you hit.

The same applies here. Research, Build, Execute, Learn, Refine, Repeat. Eventually, if you keep swinging until you hit, you will reap the rewards. A saying I like to go back to is "The only way this won't work is if you don't do it". I said this to someone a few years ago about a project.

Be prepared to make mistakes, be prepared to fall, but keep your enthusiasm, and look at it that way all the way through and you'll be fine.

Swing til you hit.

it's also depend which kw tool you use I would recommend market samurai this tool does all to find those golden kw...

double post...