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Generating Income Streams

January 15, 2012 By Leave a Comment

Its been about a month since I signed up to ‘The Elevation Group’ run by Mike Dillard and I have been working through the 2011 lessons and I have drawn up some early conclusions that I want to share with you.

Generating Additional Income.

One thing is quite evident for reviewing what is on the table with EVG you’re not really going to benefit too much if you’re only source of income is tradional salary paid job that offers the same (safe) income stream each calendar month.

I maybe able to help?

To compound income, you need income streams and I maybe able to help you generate some kind of 2nd income that you could look to re-invest in other area’s that could produce passive income streams.

Quite a few of my ‘Exchange Club’ members have followed me on to EVG as they’re looking to make their trading profits work harder for them and I will be setting up a Project 138 (EVG) members area on this blog so we can discuss what we’re learning.

I still have a limited number of places left in the club you want to take up the option to learn how to trade the sports markets successfully.

My 3 Step Plan

  • Step 1 – Look for alternative ways such as Automation to generate extra profits on Betfair
  • Step 2 – Investment these extra profits in opportunities that could generate passive income streams
  • Step 3 – Use these passive income streams to cover family running cost and free up more funds for Step 2

I am looking at horses racing markets first for Automation and couple of my lists that I provide my members of ‘The X-Movers’ service can be semi-automated. Since Jan 2nd i have been posting the results of these trades on the movers section of Pro X Trading.

Internally I have an idea on how much the Movers service will generate during 2012, I am not a big fan of making profit claims, do the hard work and the results will take care of themselves. That said I do believe the profits will be healthy and take no more than 20-30 minutes of day to take advantage of this work.

In Summary

If you’re looking to generate possible 2nd Income Streams that you can re-invest in other areas then teaming up with the rest of ‘The X-Traders’ at Pro X Trading could be a wise choice in 2012.

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What is Project 138?

December 16, 2011 By Leave a Comment

The combination of my 40th Birthday in October 2010 and the birth of my second child, a son (Xavier) in March of 2011 has made me think about my family legacy.

It was this time of year a decade ago when I started to question myself of whether I wanted to work for the rest of life, be part of corporate rat-race, working 70+ hours a week for the benefit of the Shareholders! The answer was a simple one; NO!

So in August 2002 my venture as a full-time Betfair trader began, it wasn’t easy and my biggest hurdle was convincing those who feel comfortable in the security of career that I wasn’t going mad!

So What is Project 138?

Well the number is not been plucked out of thin air for the sake of giving something a name, the 138 stands for the annual income that I would like to enjoy from 2032 and thats £138,000 per annum. I have based my goal on £52,000 today with an inflation of 5% a year which gives me the figure of £138,000. The goal is to have that income for the following 20 years until I am 81, if I don’t reach that age its passed down to my wife and my children.

In 2007; I started mentoring novice Betfair traders improve their knowledge of the markets, I wished a concept like my Exchange Club existed when I started. It certainly would have helped me fast track all those stupid mistakes I made along the way.

Over the past 4 years I have learned the most important commodity to stay ahead when trading is Information and every day I become a better trader because of the information that is shared with my community.

Over the past couple of months I have been researching alternative investment opportunities in the quest to make the money I make from trading work harder when cashing it out.

My Conclusion

After getting all confused of where to start, I went back to the drawing board. Then it became clear to me; sports traders choose my products and services to understand the Betfair markets better, improve their trading that ultimately leads them to making money.

I needed to find someone or community that could help me!

This lead me to Mike Dillard and the Elevation Group and without going into too much detail was set up 12 months ago looking for same answers. So I have decided to take the plunge and join the Elavation Group and I have learned stuff already I wouldn’t have dreamed about.

If you like to find out about the Elevation Group then watch this video

Taking Care of Your Trading

I am happy to take of your trading and you can join my trading community in December & January at a reduced 40% off at just £150, I have around 20 spaces left in the Exchange Club.

Over the coming months I will be posting my progress and the investments I make under Project 138.

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