Generating Income Streams

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.