Why I Think The Idea of Having Multiple Streams of Income is a Good One
In stocks and mutual funds investing, risk is minimized by owning a diversified portfolio of assets in different industries and family of funds. Just as diversification is essential to reducing losses in investing, so is generating multiple streams of income paramount to avoiding failure and losses in business.
No longer can the average household depend on only one source of income, especially in these uncertain economic times when some people are in danger of being laid off and home foreclosures are at an all time high. No business or industry is exempted. Even giant companies in the automobile sector and financial industries, at one time, were on the verge of declaring bankruptcy and laying off thousands of their employees. Is there any hope or solution for people who face layoffs, loss of income, and other related problems due to the nation's economic downturn?
I believe there is hope, and the solution is in building alternative sources of income. I believe this forum, APSense, is one avenue for helping people generate more income. That's why I recommend this social networking site for people who are looking for alternative, online money making sources.
You may have already noticed the various business ideas and recommendations that I promote on my homepage. I promise that more of these ideas will be shared on my website and blogs in the future. You will be hearing from experts and people who are already successful in implementing these multiple income strategies. I encourage you to read and act on the ideas presented there. If you need additional help, I am available to brainstorm some ideas with you to help you accomplish your goals much faster.
I am also looking forward to learning from you. I don't know it all. Please feel free to share with me your ideas for making more money on the web. I believe in the concept of T.E.A.M. (Together Everyone (working together) Achieves More).
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Comments (57)
JOSEPH CHACKERY13
Officer
Various business ideas on different streams of income opportunities are always worth trying!
Pauline Bennett8
Affiliate Marketer
I agree with this and have multiple streams myself...
Andriy Postovenskyy12
Forex trader
excellent information
Boonyacharte Limroon...5
computer
there is I think one exception: the business of online advertising
Harold Baughman10
There's potential in this - & all the sources of income the better
Tut Z.8
Awesome Income with Forex Trading
I'm not very good in stock and investing, however if I have a chance to learn the, I will. I also will invest some fund when I have that. I's so great to hear about funding investment as well as stock exchange market. thanks for the information.
Beth Schmillen10
Very good information and this can be done by promoting several simultaneously .... but it takes a lot of time and dedication on your part!
Shaal M.8
Software Developer
Very informative. Thanks for sharing with us
Ross Gurung3
Web Designing, Seo Expert, Internet Marketer
this is great! keep up the good work I topped it!
Bradley Matthews9
I help people earn income online.
I agree, some call it "program hopping". I call it "job security". :) Thanks for the post.
Ferenc Gábor H.6
https://sikerprogram.net/linkstart-2x2.php?ajanlo=
Why I Think The Idea of Having Multiple Streams of Income is a Good One
Mike Vamplew5
good page and good post.
Vishnu Pyakurel6
Hope, and the solution is in building alternative sources of income. Nice article.
Damodaran K raman7
freelancer
like to make an investment soon
Mark Fortier4
Khader is very smart!
murali kodali8
Internet Surfer
good idea to have multiple streams
Kari Carter9
Wise words, Charles.
Walter Pearson14
REI; Internet and Social Media Enthusiast; Stock a
A good posting, Charles. It points out the necessity of diversification, and builds on the platform(s) to promote it.
Most definitely APSense, and, of course there are other sites. Here the range of options to bring business ideas to an audience are growing, and that is exciting in itself. I do appreciate being able to interact with a good number of people in order to promote successful, even semi-successful ventures, much like having a main occupation, then a second, and so on (!).
Zul kipli5
web designer
wow i like its verry good program and the best program
Nancy Radlinger10
Bringing Fun to TEland
Interesting blog I also believe that you should have all your eggs in one basket but you also can't over-extend yourself either.