Coming Soon...ReduceYourImpact.com

To further increase my passive income, I will be opening another website this week about stopping global warming. I have been an avid environmentalist all my life, and I wanted to create a website that teaches people how to reduce their impact on the environment. ReduceYourImpact.com will feature articles about what you can do to help stop global warming. It will also post the latest global warming news.

I have many creative ideas written down that i'm going to use to monetize and market the website. The primary sources of income for ReduceYourImpact.com will be Google Adsense and some affiliate programs. I also plan to sell advertising space on the website once there is a significant amount of daily visitors.

ReduceYourImpact.com is just 1 of the 10 websites I own that I need to get up and running!

-Mike

Fed Up With DreamHost....Switching to HostGator

I've had it with all the problems i've been having withDreamHost. Currently, all of my money-making websites are hosted at dreamhost, but that's going to change next week when I switch them all to....

HostGator!

To give DreamHost some credit, they do provide good hosting at a reasonable price. My websites were rarely down, and everything worked like it should. However, I was getting hundreds of spam emails to my passiveincomeinfo.com e-mail address. I thought it was a problem on my end, but it was a problem with their mail server. So I thought I could deal with the spam by just getting a spam filter, which fixed the problem. Since I switched PassiveIncomeInfo.com to Hostgator, I haven't gotten one spam e-mail!

Also, last week I was beta-testing a new website that i'm about to open (I will put the link to it here once it's open). This new website sells digital products that customer's download via a download link. The download link is sent to the customer's email address. Well I tried it out with my AOL e-mail address, and didn't get the download e-mail. Apparently, AOL blocks mail that comes from DreamHost's mail servers. I even tried sending an regular e-mail from my website to my AOL e-mail address, and it never showed up. So I have no choice but to switch website hosts.

I was going to keep all of my domain names on my dreamhost account, but when I went to change the DNS settings for one of them, the settings never changed. So, i'm going to transfer all of my domain names to GoDaddy.

Another common problem I had was logging into their control panel. If I used Mozilla FireFox, it didn't work. I was only able to login if I used AOL's crappy browser. HostGator uses a well known website control panel called CPanel, where as DreamHost had their own personal control panel that I didn't like that much.

Goodbye DREAMHost, Hello Hostgator!

-Mike

Opened an Emigrant Direct Savings Account

Last week I opened an EmigrantDirect.com online savings account because of the high yield they offer. As of September 18, 2006, EmigrantDirect.com's interest rate is 5.15%. That's much higher than ING Direct which is currently at 4.40%, and slightly higher than HSBC Direct which is at a solid 5%.

The opening process for the Emigrant Direct account couldn't have been easier. Once I finished filling out the application, my account was open, and they withdrew my beginning balance from my checking account the next day. That was it! My goal with this account is to deposit $40.00 into it every week. If you've been interested in opening an online savings account, you might want to read this article: The Benefits of Online Savings Acccounts.

-Mike

PassiveIncomeInfo.com is back online!

After almost 3 days of being offline, PassiveIncomeInfo.com is now back online! I know that the downtime is going to affect my search engine rankings though. However, I expect them to recover quickly.

I'm still working on a number of websites that I hope to open shortly. I don't want to list them here yet because search engines don't like websites that are "under construction". In the meantime the two other websites that I've started, Equity Loan Advice, and LiftChairGuide.com are doing really well. They both have really high adsense click-through rates.

-Mike

PassiveIncomeInfo.com domain name in limbo...

The domain name for PassiveIncomeInfo.com expired yesterday. Instead of renewing it with it's current registrar, i'm moving the domain name to my Godaddy.com account. That means that the website will probably be down for a couple of days until the transfer is complete.

-Mike

TXRH Hit a New 52 Week Low......Ouch!

Yesterday, and today, Texas Roadhouse (TXRH) hit a new 52 week low. At the time of this blog post, TXRH is at $11.91 a share. I bought it at $15.81 a share! That's a 26% loss! The $787.68 I paid for 49 shares of Texas Roadhouse, is now worth $583.59! That's a difference of $204.09! But, I think it is really undervalued at $11.91 a share, and I think now would be an excellent time to buy the stock.

-Mike

I sold ArticleMailbox.com.

ArticleMailbox.com wasn't making me any money, so I sold it on June 19th for $385.00. I never sold a website before, so figuring out how to transfer the website over to the new owner wasn't easy. But I did manage to figure it out, and the new owner got everything working. However, for some reason the website is down right now. The only thing left is transfering the domain name from my registrar to his, which takes a couple of days.

If you didn't know already, I'm a slacker lol! I haven't updated PassiveIncomeInfo.com since FEBRUARY 13th! That's 4 months ago! I've been wanting to add a book reviews section to the website, but I haven't had enough time to write the reviews. Right now I'm reading The Pursuit of Happyness. It's a really great book about a man named Chris Gardner who was homeless for years, but is now a multimillionaire and successful stock broker. I really recommend reading it if you like inspiring stories.

My Texas Roadhouse stock is now at $13.28 a share. I bought it at $15.80. So techincally I've lost some money. But to me, I haven't lost any money until I sell the stock. I'm not going to sell the stock soon because I believe Texas Roadhouse is a great buy, and the stock is very undervalued. I actually might buy more stock in it since it went down a little bit.

-Mike