Sunday, January 08, 2012

The Real Meaning of Multiple Streams of Income

The idea of having multiple streams of income appeals to most people. After all, multiple streams ought to add up to more than one stream ever could. Multiple streams of income should add up to a river of money...

Most people, though, don't truly understand what multiple streams of income means. For a lot of Internet marketers, multiple streams means multiple Internet streams, having several affiliate sites or offering a range of Internet services.

Someone in the building trade might look as far as offering carpentry, plumbing and renovations. A writer could write books, articles, CVs and web copy.

These are not multiple streams. They might qualify as diversification, but they're not multiple streams. If the building industry is flat, ALL building related trades will probably be flat. If writing becomes commonplace and under-valued, ALL writing stops being financially worthwhile. If the Internet gets overcrowded and super-competitive, ALL Internet-related business will become harder. And so on.

So, to understand multiple streams of income properly we need to add another word - varied. For a really secure income and financial security we need to have multiple varied income streams.

That's why Internet entrepreneurs got into property investing, and property people got into Internet marketing - there have been numerous combined events where the two camps met and exchanged ideas and revenue sources. And it's why both Internet entrepreneurs and property dealers got into foreign exchange and financial trading.

And it's why you should look at trading, too. Especially as the investment to get started is so minuscule, and especially with so much uncertainty in every type of business in every part of the world. Forex trading actually gets better when markets are in flux. The more movement there is the more money you can make. Even just trading at £2 a "pip", as you can, there is still the potential to make a worthwhile extra income of £50 or £100 a week for a few minutes' "work" each day.

Invest a little more per pip - say £10 - and you can be looking at £500 to £1200 or more tax free income every week. 

Starting at £2 a pip, trading is as safe as any business can be, and even though there will be occasional losing days, the weekly results are almost always positive. In fact, a recent twelve-week trial (July to October 2011) resulted in a profit each and every week. This with a system that takes 30 minutes to learn and a few minutes a day to implement.


That's why your multiple varied streams of income should include something like Breakfast Trading - the simple and safe way to get into trading, for as little as £2 a "pip".

Start your trading career from home with Breakfast Trading right here.

To your wealth and success!

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