Deloitte/ Access Economics released their ASX Australian...
Why should you start a blog?
Have you ever thought about keeping an investment journal? A record of your thoughts so you can track and learn from the investments you make? Perhaps you are a frustrated writer, keen to share your insights with a community of likeminded individuals? Or maybe you are a professional in a different field, keen to build a brand to drive consulting or freelancing opportunities? All of these a great reasons for starting your own blog and beginning to build your online brand.
When I started blogging, I primarily wanted a place to keep my investing thoughts. I wasn’t sure that anyone would ever read it, and I certainly didn’t start it to build an income. I found that committing my thoughts in blog posts helped me to truly understand my investment ideas; sometimes I realised that if I couldn’t explain my idea to others, then maybe I didn’t really understand it myself!
I was never much of a writer until I started blogging consistently. I’ve found that committing to writing has made me more willing to learn. I think everyone is worried when they start blogging that they will run out of things to say, but I’ve found that my writing has driven me to read and learn more widely.
Writing about what you do is the quickest way to increase the depth of your knowledge, bar none. Writing helps you formalise and codify your knowledge. This serves both yourself and your readers, and is one of the unintended benefits of blogging!
Committing to a small upfront cost, I really could not have imagined the dividends (both literal and figurative) that this blog would pay. Not only have I connected with a huge amount of passionate and engaged readers, but I also earned back the upfront cost through using Google adsense for a couple of months. My blog has paid for itself many times over!
Commit to yourself and commit to improving your investment results. You should start by signing up for a web host, which put simply is the back end of your website. I use and recommend Bluehost, which has a basic package from about $3.50 per month. Included with this is a free domain name, which is great if you want to lay claim to your own little part of the internet!
Brainstorm a few ideas for your domain name, and Bluehost will allow you to see whats available. Choose your domain name carefully!
After you have chosen your domain name, Bluehost will walk you through a number of other options. The only thing I would really recommend is that you sign up for security and on-going back ups; don’t lose your writing to someone with bad intentions.
Where Bluehost deals with the back-end of your new blog, WordPress is the front-end. Once you have signed up with Bluehost and logged in, Bluehost will offer you the ability to install WordPress with one click! It only takes a few minutes, is free, and Bluehost makes it an absolute cinch. Install WordPress at your newly acquired domain and you are ready to go!
Write great content about things you are passionate about. Leave comments on other people’s blogs and connect with like minded bloggers. Maintain your consistency and keep writing! More than 3 billion people have access to the internet, and I guarantee you can help at least some of them. Providing value to others will pay dividends over and above your wildest dreams.
So what are you waiting for? Sign up here and get started!
<This post contains affiliate links.>
Working in the markets, sometimes you can get a real solid...
Today’s post is a bit wonky, but it’s also something...