How to Earn money online Detail
The internet is more than a source of news and entertainment gossip.
Online market trading
Whilst this isn’t necessarily an easy way to make money, investing in stock markets can be lucrative if you learn to do it properly and safely.
By the same token, you may suffer significant losses if you don’t take it seriously.
Today there is no need to fund the yachts of Wolf of Wall Street style stock brokers.
You can do it all yourself with the help of online market trading platforms.
Having spent many hours researching this new opportunity, I’ve been experimenting with the two biggest
platforms: Plus500 and eToro.com. Both offer free practice accounts.
Overall I prefer eToro with over 8 million users worldwide. It has been featured in a BBC 2 documentary “Traders: Millions
by the Minute” and recently began sponsoring several Premier League football clubs.
One of the best things on eToro is the CopyTrader feature. This lets you literally see, follow and copy the investments of other top performing traders.
Follow George’s complete guide to trading on eToro to learn more. I think $200 is a good amount to get the most out of the learning curve by trying out a few different markets.
If nothing else you’ll learn a great deal about various investments and industries.
Please be aware that all trading involves risk. 75% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you can afford to take the high risk of losing your money.
This content is for educational purposes only and is not investment advice.
If you have any skill you can teach others, it’s also possible to set up an online course you can market online.
You can find online courses that teach anything from cooking to marketing or even freelance writing.
Heck, I even offer my own course for financial advisors who want to take their businesses online— The Online Advisor Growth Formula.
Last year, I profiled my friend Joseph Michael of Easy Course Creation. Michael offers several different courses, including courses on a writing software called “Scrivener.”
Over the years, Michael has earned six figures or more annually selling courses that help people achieve the kind of success he has earned.
Most people set up their online course through a platform like Teachable.com.
With Teachable, you can upload your course materials and use the platform to manage customers and accept payments.
Another way to make money online is by hosting an online podcast.
I have the Good Financial Cents podcast to go along with my blog, and I use that platform to find new sponsors and advertisers all the time.
I still remember getting my first sponsor on the podcast and finding out they were willing to pay $8,000 for me to include a short clip at the beginning of each podcast for 90 days.
That was insanely exciting to me at the time since I wasn’t sure I would be able to monetize my podcast that much at first.
However, there are tons of people making a lot more than me on their podcasts.
Take the Entrepreneur On Fire Podcast hosted by John Lee Dumas.
According to the show’s most recent income report, this podcast brought in a net income of over $400,000 in March 2018. Now, that’s crazy.
The key to getting ahead with podcasting is finding your niche, growing an audience, and then finding ways to monetize and connect with sponsors.
This isn’t the easiest way to make money online since there are a lot of logistics that go into writing, recording, and editing a podcast, but it is still worth considering.