Let's grow our income from MyLot.com - Here's how!

Malaysia
March 14, 2007 9:03pm CST
Many of us have received our payments from mylot.com. Some for the first time, some already many times. Most of us would use the money to buy some products online. I am thinking of this idea. My passion is to create multiple streams of income by internet. Maybe our income from mylot.com may not be huge but how about we reinvest certain percentage of it into some passive income streams? These do not require big amount or time to monitor. Even if you only earn a little each time from these programs, you'd have created multiple streams of income. My suggestions is that every month, upon receiving our payment from mylot.com, we reinvest, say 50% into other passive programs. Hey, after all, we do not have to pay out of our wallets or bank accounts. What are your view on this idea? Do you have recommended passive income programs to share with us?
12 people like this
44 responses
• Philippines
15 Mar 07
Great idea! But we should think of the best possible source of passive income or else will lose our hard earned money from mylot. If ever you'll come up with the concrete plan of earning from the internet please feel free to share it to all myloters.
• Malaysia
15 Mar 07
My reminder to anyone would still be PASSIVE income streams. We do not want to tire or stress ourselves out punching away at the keyboard and into the late night hours. So, whatever we invest in, must be really, really passive. All we need to monitor is how much we make and when to withdraw. I am also looking out for such programs. I have a plan i.e. to invest in one program each month when I receive mylot.com's payment. However, it is good to check out the program, do my due diligence and get ready for it when the payment comes in.
1 person likes this
• India
16 Mar 07
well by passive income streams, did u mean online ???? well if so,then dont u think that it wud be kinda tuf for us to find a legitimate site like that? we dont knwo which site pays and which does not and i really dont wanna take chances either!! so what do you advise to that?
1 person likes this
@maryannemax (12170)
• Sweden
16 Mar 07
yes. it's true. one will never know which site pays or which doesn't pay UNLESS you try it yourself. i tried it and the first one i've been into was a scam and i lost my first 5 dollars there. haha. but it did not stop me. i learned my lessons and took more caution the next time. and proudly, i am in three good sites for almost 3 months now. and i get paid all the time and i am happy and satisfied with what i got. if you wanna make your money grow, you should try and take your chances. that's where millionaires came from - they all took risks at the beginning. they all fail somewhere but they kept going. and that's why they are to where they are now.
1 person likes this
@jtexas (527)
• United States
15 Mar 07
One way to make passive income is buying index stocks. They are sort of like mutual funds but wit a higher return. So the next question where do you buy these stocks? Many places sell them online. sharebuilder, etrade, and others. The one I currently use is sharebuilder. Some of the stocks that I have bought provide a monthly dividend just depending on the company. Anyway best of luck.
1 person likes this
• Niger
15 Mar 07
I'm at 100% with you. But as surfing the net for like five years now it come to me that there's good looking business on the net but seems that like 90% of them are scams.My though is that some honest guys must made a real business that will give the opportunity to everybody like we could use internet today.As I know today there is only one web all earth countries are surfing on.So why those big boys on the web will not imagine something like internet that will give the opportunity to any human being to have the opportunity to to invest in a legit business with a guaranty real and honest returns years after.The online capital plan is not Bad but there is no guaranty that it will last.How many lottery tickets they're buying daily with the hope to win one day and some just die without winning.It'll be then easy to save for one's future.Just imagine something like online capital.I don't know a lot about it but they're plans are great if some big boys could give it their support.Together too much is possible,MLM companies looks good but no Guaranty.GARANTY is the Key mother of the Day.
1 person likes this
• China
15 Mar 07
I think it's a good idea. Save every penny and someday it will be a large sum.
1 person likes this
• United States
15 Mar 07
I agree saving every penny will eventually become a large sum, but when you have a child and payments with no job, it's hard!
1 person likes this
• India
15 Mar 07
I am not able to understand,what do you want to say by using the term "passive programs"
1 person likes this
• Malaysia
17 Mar 07
Passive income means income that keep on coming in whether you are still actively doing that work or not. For example, I write articles and published them at one of the online sites. When people read them, I am paid. Did I have to keep writing the same article again? The answer is no but the readers keep on reading and I kept getting paid. That's what passive income is all about. You can try on my article site : http://www.helium.com/user/show/35468 Go ahead and read how I write my articles and you can register and do the same too. This is only one of my regular stream of passive income.
@mimpi1911 (25475)
• India
15 Mar 07
1 really appreciate your viewpoint and i don't think it wouldn't be an issue as i do not spend any of the amount i get from here. however, silly me! could you please elaborate on PASSIVE INCOME PROGRAMS??
1 person likes this
• China
15 Mar 07
That's really a good idea,i am thinking if i get the income from the mylot.com i will buy a skateboard,and now i must learn how to get that income,i am new here,haha.
1 person likes this
• Singapore
15 Mar 07
I am not sure what ideas you are having. But I hope you are not talking about HYIPs? I would really trust those, personally. :P
1 person likes this
• Malaysia
15 Mar 07
HYIPs are at the bottom of any of my lists of potential passive income program. Not unless you are that charitable to donate whatever amount to them. To me, HYIPs are winners only to the program owners. There are many other forms of passive internet businesses that are genuine and reliable. That's where we can help each other to explore.
@jeanpri (269)
• Malaysia
15 Mar 07
This is a good and great post. If we are to do it this way, in no time, we will be able to have a lot of passive incomes coming our way. I appreciate your suggestion very much. I will now be doing my homework as to where to invest while waiting for my first mylot.com payment, hopefully next month.
• Malaysia
15 Mar 07
I am glad you understand and support my suggestion. As a fellow mylotter, I'd like to see many posts of members who benefit from earning online. Wouldn't it be fantastic if 5 out of 10 posts are from people who make it good online and share their joy. Not so much as sharing links to gain referrals.
1 person likes this
@jan135 (537)
• Australia
16 Mar 07
That's all well and good, but before we all re-invest our hard earned money from MY LOT, why not try out the free programs first. There are many of them about and the one I would like to recommend is: http://www.resource-a-day.net/member/index.cgi?jan135 Here you get $10 for signing up and 40c for every referal then 20c on your second level and 05c on the third level and 03c on the fourth level. Along with this you get a resource a day e-mail.
1 person likes this
@clod0327 (817)
• Philippines
16 Mar 07
This is a great idea. I have been thinking of doing the same thing also but my earnings are still not enough to re invest it. And I don’t know any legitimate site where I can invest my mylot earnings.
@luckly888 (175)
• China
16 Mar 07
Yes,i agreee.I have my job,but i still want to do something on the web,and i find mylot is a good one.
1 person likes this
@kurtbiewald (2627)
• United States
16 Mar 07
make sure it helps people and is not annoying first
1 person likes this
• India
16 Mar 07
Hey, man thats a really great idea. After we are not totally dependent on our incomes from MyLot, so there's nothing we are losing. Instead we are creating sources of earning money in the future. Thanks for posting such a great post.
1 person likes this
• Philippines
16 Mar 07
i have done this and i suggest to invest the money you earn for the real stuff and not online. they are giving you all these promises of increasing your income and yet without knowing it your money is gone in the wind. just to be safe however just use the money where you are in control with it and you know where it is going and something that you could keep track of where your money is. as for me i just put the money in my savings account and its been doing well the interest is low but at least i know my money is safe and it aint going anywhere not unless i withdraw my money.
@exodamus (1629)
• India
16 Mar 07
thats a good idea. which programs do you suggest.it is a real good thing if can do it
1 person likes this
@maryannemax (12170)
• Sweden
16 Mar 07
since january this year, when i got another payment from mylot, i decided not to withdraw all my earnings from december. so, what i did, i spent some of it in online investments. yes. i know. it's very risky! but i had been in three great programs which are really paying. and my money just keeps on growing and they pay also as promised. yep. it's nice to invest in such programs. though risky, atleast i was able to make my money from mylot grow so much. and i am actually satisfied with the performances of the sites i am a member of. it's nice to risk than risk nothing at all.
1 person likes this
• United States
16 Mar 07
I would suggest investing this money in prosper.com. You loan money using this site. It's peer to peer lending with lots of checks and balances before you lend or borrow money. I have lended 5K to about 60 people in last 6 months with an average rate of 12.4% The site itself has 180K members who have loaned over 36 million dollars so far. Check it out
• Canada
15 Mar 07
I like your idea but I dont have any plans myself.You come up with a plan and ill join you.
1 person likes this
@taiguy (478)
• United States
15 Mar 07
Since my earnings go into my e-gold account you could say that I am reinvesting the money I make here in the form of gold. I am not familiar with investment strategies, but I am going to assume that gold is one of the best ways to invest in your future.
• United States
15 Mar 07
I kind of do that now. I keep it in my Pay Pal and earn 5% on it. Anything I get online I'm putting into an account. I figured out I need just $266,666.67 and that will get me $1000.00 a month. Then i won't ever have to worry about working again.
1 person likes this