August 2007 Results – Summer Slump is over… :)

 Well, this month in some ways was a banner month for partly financial and partly non-financial reasons. In fact, in late August, we passed the $5,000 mark for the first time for our annual (non-job roll) income, which included money in almost all the categories below. Also, this month was the first birthday of InvestorBlogger. Moreover, this month we finally reach the 1,000 unique visitors per month mark, and already we’re comfortably passed that level! I’ll be adding an “Advertising” page soon.

On to August’s income:

Payperpost: $84.81
Google
: $4.45
SR/ReviewME/Other : $68.63
Adlinks : $60.89
Stocks: $75.46
Hosting : $0.00
Bank A/C Interest : $22.55
Business: $0.00
Total: $316.79

Well, paid blogging has been responsible for a number of posts this month, though the actual number of paid posts dropped to 11. Payperpost provided the bulk of the money, almost eight of the eleven posts, two were from SponsoredReviews and one was freelanced.  In fact, the last one was the most fun to write on Credit Reports.

The bank account interest rose about 10% since last month, due to rising interest rates and a further term deposit that also provided income this month. I’m 90% of the way to reaching my goal on that score. Of course, the stocks have lost about 15%~20% in value in the last few months, since reaching a high of nearly $13,600. However, with dividends still coming in, there is some protection to the downside.

My Adlink sponsors have been very generous this month, too. Please do visit them if you have the chance. At least you can check out the product/services they are selling!

Where to from here? Well. I’m still sitting on nearly $2,000 of cash that’s in a bank account. It’s not very efficient, though because the amount is only earning about 0.4% interest. I’ve looked at higher interest rates in foreign currencies, esp. the US Dollar, which in Taiwan would earn about 4.35% pa, at least double the local rate. And I’m nearly16% in cash in my stocks as well. I guess, I’m prevaricating… so I’ll need to do something soon. Putting things off is NOT the best financial rationale, really!

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