Using a blog as a personal pension

Jan 29  08

Ask any member of the public for financial advice and they will probably tell you to start a pension as soon as you can, even if you think you are too young. Of course, this is potentially dubious advice. With banks and financial institutions becoming more and more embroiled in fraud and investment draining shenanigans there are very few places where money is absolutely safe for the long term.

However, putting the security concerns to one side, a pension is still a reasonably good idea. Simply saving a small amount and agreeing to lock it away for a long period of time in exchange for a good return is a pretty easy way to save for the future. The important point I want to make is that you are, in effect, doing something regularly, in small doses, in order to get a long term gain.

I wonder how much a blog would be worth in, for sake of argument, 30 years time, if the blogger had added one short post every day.

Sounds like a pretty good idea to me. Start a blog and update it once a day every day. Sounds pretty simple as well. 30 years and 1 post per day equals 10,950 post pages. You could even monetize it at some stage so that it generated an income whilst it grew in value.

Maybe in 30 years time, or maybe even sooner, the member of public will give different advice. Start a blog and post once a day.

 Stumble it!

All feedback is welcomed via comment or trackback.

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2 Comments

  1. david 30 Jan 08

    What an interesting way to look at it. Thanks for sharing that.

  2. Deb 31 Jan 08

    Does a twitter count?

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