I’ve written a guest post for Young and Thrifty on passive income, titled Website Income vs Dividend Stocks: Which One Comes Out On Top?
Once I started seriously investing in divided paying stocks, I was amazed in such a short period of time how quickly dividend income can build a portfolio. For me dividend stocks are a great investment. As long as I’m investing in big blue-chip companies that have a reasonable dividend yield, and ignore the short-term market swings, I don’t lose sleep at night.
Dividend stocks are to the investor, what passive income is to a website owner. When I started The Dividend Ninja, I didn’t really know very much about blogging, WordPress, or even what passive income actually was. After 16 months of blogging and coding, investing countless hours, I’m starting to see what passive income really is about. Basically, websites which create income are very similar to stocks which generate dividends. The only difference really being, besides the countless hours you spend on your website, is that you need a much smaller capital outlay to generate a similar income. But websites are not a quick and easy money maker, as some people starting out quickly discover. Here’s a paragraph from the article:
“Creating income from a website is not a quick get rich scheme. If it is then you are extraordinary lucky. Building a website takes time and a lot of hard work and effort. If you expect to create a website, throw some Google AdSense up, and sit back while you rake in a few hundred bucks – then you are going to be sorely disappointed. You’ll be lucky if you even make $5 per month when you start! It takes time to create a website that engages readers and generates $500 to $1000 per month in ad revenue, and not everyone makes it…”
I’m delighted that Young and Thrifty hosted the article for me 🙂 It always feels like home when I write for her. Plus I’m desperate for exposure, and she thinks the Ninja is cool! How sweet is that?
You can read the full article on her site:
Website Income vs Dividend Stocks: Which One Comes Out On Top?