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January 23, 2011

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One way to diversify or have an extra income is to monetize your hobby or skill. There are plenty of ways of how to have an extra income based on your skill like you can do some consulting services if you are a professional or if you have some troubleshooting skills, start a repair shop.

Thanks for writing this article it spoke tons to me. :)

The first two verses of Ecclesiastes also speak to that same point regarding investing:

"Ship your grain across the sea; after many days you may receive a return. Invest in seven ventures, yes, in eight; you do not know what disaster may come upon the land."

Diversification is biblical! One of many reasons I invest in index funds... :)

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