Some Newb Questions: By a Condo or Invest in Affiliate Marketing?

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writtenstyle

newbie taking action
Nov 3, 2008
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Seriously, I was thinking about buying a condo on the beach, or at least renting one for a year, just as 2nd place to live.

I wonder though, should I take those payments of $800-$1000 a month and invest it into paid traffic?

I have had some success with AM in the past. I had some good campaigns on facebook, but nothing I could scale. For instance, during World Cup last year, I ran a mobile offer and worked my pics/copy and ended up with .03 clicks cause my ctr was through the roof.

That was to a small group of people though, so I couldnt scale it. I also ran some dating offers and broke even for a couple of months, but couldnt get to where I was making money.

I actually make all my online money in the freelance space writing content. I just want something more scaleable.

What are your thoughts? Also, should I find a decent site on flippa in the $500-$1000 range and purchase it as a starting point and as a property I can call my own?

Thanks
 


Judging by your questions and concerns it wouldn't be an investment but a waste of money.

If you can afford to lose money until you learn what you are doing, and it's something you WANT to do then go for it.

If not then keep doing your day job and enjoy a place on the beach.

Where can you get a place on the beach for $800-$1000 that's not a shithole ? Maybe you could sublet those ;)
 
I'd invest some of that into some passive income adsense sites until you are making the $1000 a month from that. Then you'll have 2000 a month. You can have the beach condo AND be able to fund PPC campaigns.
 
writtenstyle said:
Seriously, I was thinking about buying a condo on the beach, or at least renting one for a year, just as 2nd place to live.

I wonder though, should I take those payments of $800-$1000 a month and invest it into paid traffic?

I have had some success with AM in the past. I had some good campaigns on facebook, but nothing I could scale. For instance, during World Cup last year, I ran a mobile offer and worked my pics/copy and ended up with .03 clicks cause my ctr was through the roof.

That was to a small group of people though, so I couldnt scale it. I also ran some dating offers and broke even for a couple of months, but couldnt get to where I was making money.

I actually make all my online money in the freelance space writing content. I just want something more scaleable.

What are your thoughts? Also, should I find a decent site on flippa in the $500-$1000 range and purchase it as a starting point and as a property I can call my own?

Thanks
Click to expand...

Of course you should invest the money, however there's no point in investing if you're going to spend it all quickly, and without analyzing your actions. Spend it slowly, tweaking your offers, ads, keywords, etc. and make it a learning experience - You WILL lose money in the beginning.

And no I don't think it's a good idea to buy $500-$1000 sites on flippa starting out because 1) Most of them are bullshit offers and 2) It's good to bring your own site up for the learning experience.
 
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